Newsfeed – Business News
AIA Public Takaful declares record RM84mil surplus distribution
KUALA LUMPUR: AIA Public Takaful Bhd has declared a record surplus of RM84 million to be distributed to eligible certificate holders for the financial year ended Dec 31, 2024 (FY2024). Read full […]
Oasis Home subsidiary inks partnership with GIMCare to develop wellness products
KUALA LUMPUR: Oasis Home Holdings Bhd has via its wholly-owned subsidiary Oasis Wellness International Sdn Bhd has agreed to a joint venture with GIMCare (M) Sdn Bhd to develop and […]
Wahaha CEO’s bank account frozen in HK
THE Hong Kong High Court has frozen a bank account containing US$1.8bil amid a legal battle over the inheritance of the Zong Qinghou, late founder of China’s leading beverage giant […]
Pestec issues AR, audited statements after delay
KUALA LUMPUR: Pestec Inernational Bhd has issued its annual report and audited financial statements for the period ended March 31, 2025, to Bursa Malaysia, attributing the delay to the time […]
Pixelvest fined RM3mil, director jailed for unlicensed capital market activities
KUALA LUMPUR: The Sessions Court has fined Pixelvest Sdn Bhd RM3 million and sentenced its director Dexter Ang Jen Chuen to three years imprisonment for offences relating to unlicensed capital […]
Boeing aircraft acquisition part of MAG’s long-term fleet renewal, capacity expansion plan – Tengku Zafrul
KUALA LUMPUR: The acquisition of Boeing aircraft by Malaysia Aviation Group (MAG) is part of a long-term, phased plan to renew and expand the fleet’s capacity, said Minister of Investment, […]
Bursa Malaysia slides back as tariffs rally ends, US slowdown fears mount
KUALA LUMPUR: Bursa Malaysia remained in the red despite some optimism in regional markets as trade tariffs imposed by the US were lower than initially expected. Read full story Date: […]
Sapura Energy to be traded as Vantris Energy from Aug 6
KUALA LUMPUR: The securities of Sapura Energy Bhd will be traded and quoted under its new name, Vantris Energy Bhd, with effect from 9am on Aug 6, 2025 (Wednesday), said […]
CIMB bags two retail bank awards
KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd were recipients of the Best Retail Bank in Malaysia from Alpha Southeast Asia Best Financial Institution Awards 2025, and Domestic […]
Shares find support in Asia as lower rates priced in
SYDNEY: Share markets found some much needed support in Asia on Monday as the prospect of lower borrowing costs helped soothe concerns about the U.S. economy, though the long-term credibility […]