Kuala Lumpur: The Employees Provident Fund’s (EPF) strategic acquisition of Malaysia Airports Holdings Bhd’s (MAHB) shares at RM11 per unit is designed to set the stage for a higher valuation in a future relisting. This was revealed by Finance Ministe…
Kuala Lumpur: Marine and General Bhd’s (M and G) subsidiary, M and G Tankers Sdn Bhd, has finalized the sale of its vessel, JM Sutera 6, to Lion Great Energy Co Ltd from Thailand for US$7.10 million (RM31.54 million).
Kuala Lumpur: Malaysia’s decision to transition from a Single Wholesale Network to a Dual Network model for 5G deployment is expected to drive competition, attract investment, and accelerate the country’s digital transformation, according to the GSM A…
Kuala Lumpur: Sunview Group Bhd’s wholly-owned subsidiary, Fabulous Sunview Sdn Bhd, has secured an RM45.04 million engineering, procurement, construction, and commissioning (EPCC) contract from Quantum Sustainable Energy Sdn Bhd. The contract is set …
Kuala Lumpur: YTL Corporation Bhd’s (YTL Corp) net profit declined slightly to RM580 million in the second quarter (2Q) ended Dec 31, 2024, from RM589.22 million a year earlier due to a weaker performance by the utilities segment.
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Kuala Lumpur: The government projected the inflation rate in 2025 to increase moderately between two per cent and 3.5 per cent, said the Ministry of Finance (MOF). The ministry explained that this projection took into account various key factors, incl…
