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KUALA LUMPUR, Oct 28 (Bernama) -- Asian Pac Holdings Bhd (APHB) has entered into agreements with KotaSAS Sdn Bhd to acquire 8.69 hectares (ha) of leasehold land in Kuantan, Pahang, for RM42.09 million and undertake an adjoining commercial development with an estimated gross development value (GDV) of RM281.3 million.
KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd neither denied nor confirmed a media report of a merger today but acknowledged that it is always evaluating strategic opportunities and partnerships that are value accretive.
KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.
By Engku Shariful Azni Engku Ab Latif
KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit rebounded to close higher against the US dollar on Wednesday amid confidence in Malaysia’s economic fundamentals, supported by optimism over artificial intelligence (AI)-related investments and expectations of sustained domestic growth, an analyst said.
KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Oct 28 (Bernama) -- The Kuala Lumpur rubber market ended mixed today, tracking gains in regional rubber futures, said a dealer.
KUALA LUMPUR, Oct 28 (Bernama) -- Maxis Bhd shares slipped in late trading today following reports of renewed plans for a potential merger with U Mobile Sdn Bhd, which could create the country’s largest wireless operator.
KUALA LUMPUR, Oct 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) of RM276,000 each on AmBank (M) Bhd and AmBank Islamic Bhd for failing to submit cash threshold reports (CTR) promptly.
KUALA LUMPUR, Oct 28 (Bernama) -- The government has yet to decide on 24 new data centre applications as it assesses whether electricity supplies can meet the needs of 117 projects already approved, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
By K. Naveen Prabu & Danni Haizal Danial Donald
KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.
KUALA LUMPUR, Oct 28 (Bernama) -- There is no conclusive evidence that Malaysian-linked plantation companies were responsible for fires in Indonesia, Natural Resources and Environmental Sustainability (NRES) Minister Datuk Seri Arthur Joseph Kurup said.
KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.
