Petronas’ Cash, E-Wallet Credit, Malaysia’s Trade Rises Take Up Salient Headlines

Glostrext IPO Oversubscribed By Whopping 173 Times

Glostrext Berhad’s initial public offering for the public portion has been oversubscribed by a whopping 173.54 times.

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Petronas Among Region’s Top 10 Cash Holders Sitting On US$532 Billion

Malaysian national oil company Petroliam Nasional Bhd (Petronas) is among the region’s top 10 cash holders, which collectively held US$532 billion or 40% of the total Asian cash balance as at end-2022, according to a report by Moody’s Investors Service.

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Alan Walker To End His Walkerverse World Tour In Malaysia

The chart-topping “Faded” EDM artist Alan Walker is set to conclude his epic “WALKERVERSE” World Tour with a spectacular grand finale in Malaysia!

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E-Wallet Credit Of RM100 Will Be Distributed In Q4

On July 27, PM Anwar Ibrahim announced that the government will be granting a RM100 e-wallet incentive to all Malaysian citizens aged 21 and above, whose annual wages are RM100,000 and below.

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Evergreen Max Cash Capital Signs Underwriting Agreement For ACE Market IPO

Pawnbroking service provider Evergreen Max Cash Capital Berhad has entered into an underwriting agreement with Mercury Securities Sdn Bhd in conjunction with its upcoming initial public offering and listing on the ACE Market of Bursa Malaysia Securities Berhad.

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BMW Malaysia Introduces Two Variants Of The New BMW i4 eDrive35, Starting From RM255,216

BMW Malaysia announced the arrival of the New BMW i4 eDrive35 in two outstanding variants, the BMW i4 eDrive35 and the BMW i4 eDrive35 M Sport – signalling a new era of sustainable and high-performance driving in Malaysia.

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Catcha Digital Exits GN2 Status, Gears Up For Next Chapter

Catcha Digital Berhad announced its upliftment of its GN2 status with effect from 9.00 a.m. today and the completion of its Regularisation Plan.

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OCBC Great Eastern In Talks To Buy AmMetLife Malaysia For US$300 Million

Singapore bases Great Eastern Holdings is in talks to buy MetLife Malaysian ventures in a deal that could value AmMetLife Insurance at up to US$300 million.

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Malaysia’s Trade Sees 27.6% Growth, Surpassing RM2 Trillion Mark For 2nd Consecutive Year: DOSM

Malaysia’s trade in 2022 surpassed RM2 trillion for the second consecutive year and registered the fastest growth since 1994 with a double-digit growth of 27.6 per cent to RM2.8 trillion, year-on-year (y-o-y).

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