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MAHB Upsizes Islamic Bond Issuance

Malaysia Airports Holdings Bhd (MAHB) said that it has upsized its Islamic bond or sukuk issuance to RM800 million from the initial target issue size of RM500 million under the group’s RM5 billion sukuk wakalah programme on robust demand for the firm’s securities.

On-Call Car Wash Service App To Provide Micro Business Capital

Monkey Wash is a platform that aims to provide online car wash services to consumers and provide employment opportunities in Malaysia. 

Minor Changes In MFRS 17 For Insurance Contracts: MASB

The Malaysian Accounting Standards Board (MASB) has issued minor changes to the Malaysian Financial Reporting Standard (MFRS) 17 for insurance contracts, which will take effect for annual reporting periods starting on or after January 1, 2023.

Affin Hwang Is Optimistic About Media Prima’s Transformation Efforts

According to Affin Hwang Capital, Media Prima Bhd (MPB) has managed to make a comeback in their revenue despite facing heavy loss initially due to the COVID-19 pandemic.

Alam Flora Wins ‘Waste Is Amazing’ Competition

Alam Flora Sdn Bhd has been awarded with the bronze award for the 3rd ASEAN PR Excellence Award Category: Best Comm. Use Of Virtual through its iconic annual event, Waste Is Amazing, a fashion design competition using recyclable materials.

Zadara: Global Market Value Of Cloud Tech At USD445.3 Billion In 5 Years

Lindsay takes account of a potential market largely from the versatility application of the cloud technology which is limitless, citing the growth of digitalization influencing the market value.

Ronald Kiandee Visit To Livestock Farm Affected By Flood

Animal feed items and health kits through DVS are also being distributed to affected farmers nationwide in addition to providing other necessary assistance.

SCBuild Unlawfully Rejects Director Candidates For AGM, Says Lee

The 10 current Directors of SCBuild unlawfully rejected the nomination by 2 members of SCBuild for 8 persons to stand as candidates for election to the office of Director of SC Estate Builder Bhd, at the forthcoming 17th Annual General Meeting (the AGM) of SCBuild on December 31. 

Life Insurers And Family Takaful Operators Offer Relief Measures To Assist Flood Victims

Life Insurers and Family Takaful Operators have collectively come together to provide a range of support and relief measures which include granting extra timeline of a few months for payment of premiums/contributions

DoctorOnCall Offers Free Medical Assistance To Flood Victims

DoctorOnCall has announced a flood relief medical assistance initiative. As part of the initiative, DoctorOnCall will provide free medical consultation to Malaysians who have been affected and in need of health care as a result of the recent floods. Medication up to a maximum amount of RM80 will also be dispensed for patients upon doctors' prescription and discretion.

Senheng To Raise RM267.5 Million From IPO

The Group aims to upgrade or set up 61 new and existing stores from 2022 to 2024 to elevate the shopping experience of its customers

YTL Power Forced To Seek New Avenue For Future Earnings Growth, Says Affin Hwang

Major lending countries like Japan, South Korea, and China have also stated that they will no longer provide loans for new coal-fired power plants, says the company

AirAsia To Complete RM974.5 Million Rights Issue

AirAsia Group Bhd (AAGB) today announces it will complete its renounceable rights issue to its existing shareholders upon listing of the RCUIDS and Warrants on Friday, December 31, successfully raising RM 974.5 million and providing a strong injection to support the overall Group fundraising strategy.

WonderLab Introduces The WonderLab Group

WonderLab has introduced the WonderLab Group, a corporate group to oversee the operations of all the beauty and wellness brands under CUCKOO International (MAL) Sdn Bhd. This effectively sees the WonderLab Group leading two major in-house brands, the WonderLab brand and the WonderDewi brand, providing an even more holistic beauty and wellness solutions to Malaysians.

Firm CPO Prices Likely To Keep Kim Loong’s Prospects Up: Malacca Securities

Firm CPO Prices is expected to remain above RM4,000/MT throughout 1H22, supported by the sustainable demand amid the gradual economic recovery, La Nina phenomenon till early 2022

RM 1 Million Aid For Flood Victims: Yeo’s

The initiative is organised under Yeo’s Helping Hands, the company’s CSR programme to help communities in need. 

Trade With FTA Partners In November Rose By 35%

Increases in exports were recorded to India, by 69.7% to RM4.76 billion, Turkey (↑69.6% to RM1.2 billion) and Pakistan (↑11% to RM452.1 million) due to robust exports of palm oil and palm oil-based agriculture products.

SCGM 2Q FY22 Revenue Climbs 18.9% To RM72.5 Million

Food packaging manufacturer SCGM Bhd announced 18.9% growth in revenue to RM72.5 million for the second quarter ended October 31 (2Q FY22) from RM61.0 million a year ago, driven by climbing demand for thermo-form food and beverage (F&B) packaging in Malaysia and its export countries.

SMS Authentication Is No Longer Relevant, Says Expert

Criminals can exploit mobile networks at large by using weaknesses in a common set of telephone signalling protocols known as Signaling System 7 (SS7)

Ancom Expands Agricultural Chemicals Footprint

Manufacturer and supplier of agricultural and industrial chemicals, Ancom Bhd's wholly-owned subsidiary, Ancom Crop Care Sdn Bhd has today announced the proposed acquisition of 80% equity interest each in  Shennong Animal Health (Malaysia) Sdn Bhd and Vemedim Sdn Bhd respectively (collectively known as the Shennong Group) for purchase considerations of RM16.6 million and RM7.3 million respectively, or a total consideration of RM23.9 million, to be satisfied in cash (Proposed Acquisition).  

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