Latest
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Corporate News
Strong pipeline of projects to lift Gamuda
Gamuda Bhd is poised to exceed its order book target of RM40bil-RM45bil by the end of 2025, driven by a strong pipeline of projects across Malaysia, Australia, and Taiwan.
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Insight
Shell’s revamped strategy is a ‘successful failure’
In 1970, the National Aeronautics and Space Administration (NASA) described the Apollo 13 mission as "successful failure" after safely returning the spacecraft to Earth following an explosion halfway to the Moon.
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Banking
Agrobank reaches record-high in financing disbursement
Bank Pertanian Malaysia Bhd, or also known as Agrobank, aims to achieve RM12bil in financing disbursement with an increase in net financing growth of up to RM1.6bil in 2025.
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Corporate News
Kim Loong poised for growth with higher FFB output
Kim Loong Resources Bhd has registered a fourth quarter result that was below expectations, according to TA Research.
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Corporate News
Cypark returns to the black
Cypark Resources Bhd has returned to the black in its third quarter ended Jan 31, 2025, as it recorded a net profit of RM8.76mil compared with a net loss of RM27.98mil in the previous corresponding period.
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Corporate News
LTAT to reduce strategic asset holdings to 35%
The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings from 56% to 35% under 'Project Earth' over the next three years to lower exposure while retaining control.
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Corporate News
Steel Hawk’s unit wins panel contractor job
Steel Hawk Bhd's wholly-owned subsidiary, Steel Hawk Engineering Sdn Bhd, has been appointed as a panel contractor for engineering, procurement, construction and commissioning (EPCC) works for remote operations by PETRONAS Carigali Sdn Bhd, a wholly owned subsidiary of Petroliam Nasional Bhd (PETRONAS).
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Markets
SC revises ad rules to include ‘finfluencers’
The Securities Commission (SC) has revised its guidelines on advertising for capital market products and related services, taking into account advertising and promotional trends globally and domestically.
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Aviation
Air passenger traffic up 6.9% in February
Malaysia recorded air passenger traffic of 8.7 million in February 2025, marking a 6.9% year-on-year (y-o-y) increase compared with February 2024, according to the Malaysian Aviation Commission (Mavcom).
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Corporate News
PETRONAS raises US$5bil via dollar bond
Petroliam Nasional Bhd (PETRONAS) has made a successful return to the international US dollar bond market after four years, raising US$5bil through a three-tranche bond issuance, with proceeds earmarked for "general corporate purposes".
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Markets
FBM KLCI strengthens alongside Asian bourses
Bursa Malaysia's FBM KLCI was among a host of major Asian bourses that had appreciated in yesterday's trading session, apparently standing resilient in the face of the 25% tariff imposed by President Donald Trump on all vehicles and foreign-made auto parts imported into the United States.
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Corporate News
NexG acquires 7.58% stake in MMAG
NexG Bhd is acquiring 175 million shares (or a 7.58% interest) in MMAG Holdings Bhd from Chan Swee Ying for RM70mil.
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Economy
Vietnam plans financial boost for SMEs
Vietnam's economy has shown remarkable resilience and growth in recent years, particularly in the realm of small and medium enterprises (SMEs).
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Corporate News
Kelvin Lee is now Matrix Concepts’ executive director
Matrix Concepts Holdings Bhd has redesignated Kelvin Lee Chin Chuan (pic), 33, as executive director, effective April 1, 2025.
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Corporate News
RHB Bank invests RM51mil in Boost Bank
RHB Bank Bhd has subscribed to an additional 51 million new shares in Boost Bank for RM51mil in cash to maintain its 40% stake in the digital bank.
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Corporate News
Keyfield disposes of AWB for RM55mil
Keyfield International Bhd is disposing of Keyfield Lestari, an 11-year-old four-point mooring accommodation workboat (AWB) to Saraf Corp India Pte Ltd for RM55.4mil.
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Corporate News
Sapura Energy posts positive 4Q25 results
Sapura Energy Bhd is confident that it is well-positioned to sustain its recovery momentum, given the group's current RM8.5bil order book, the highest level achieved in the past few years.
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Corporate News
HHRG suspends top execs at subsidiary
HHRG Bhd has suspended the managing director, production manager and finance and human resource manager of its 51%-owned subsidiary, MG Furniture Sdn Bhd (MGF), to facilitate internal investigations.
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Corporate News
Farid Alias is new chairman of Bursa Malaysia
Bursa Malaysia has appointed Tan Sri Abdul Farid Alias as its new chairman, effective May 1, 2025.
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Corporate News
KPJ Healthcare sells properties to Al-`Aqar-REIT
KPJ Healthcare Bhd's wholly owned subsidiaries entered into two separate conditional sale and purchase agreements to dispose of properties to Al-'Aqar Healthcare Real Estate Investment Trust (Al-'Aqar-REIT) for RM241mil.
