Upfront Financing Needed To Support Malaysia’s Green Steel Transition - Think Tank

KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).

Estek Invests Rm20 Mln In New Batu Kawan Manufacturing Facility

BATU KAWAN, Oct 29 (Bernama) -- Estek Automation Sdn Bhd has invested RM20 million in a new 50,000-square-foot manufacturing facility in Batu Kawan, Penang, to expand its capabilities in semiconductor equipment, artificial intelligence (AI)-driven solutions and contract manufacturing.

Automotive, Data Centres, Aerospace Offer Higher-value Opportunities For Steelmakers -- Sim

SUBANG JAYA, Oct 29 (Bernama) -- Malaysia’s iron and steel industry can seize opportunities to shift to higher-value production by supplying the automotive, data centre, and aerospace sectors, Deputy Investment, Trade and Industry Minister Sim Tze Tzin said.

Perdasama Aims To Open Linyi-Malaysia Halal Hub, Create More Opportunities For Bumiputera Entrepreneurs

From Norhayati Mohd Akhir

LINYI (Shandong), Oct 29 (Bernama) -- The Malaysian Association of Malay Entrepreneurs and Traders (Perdasama) aims to establish a Linyi-Malaysia halal hub to strengthen bilateral economic cooperation and create broader opportunities for Bumiputera entrepreneurs to break into the huge Chinese market.

Total RM3.8 Bln Financing Approved To Benefit About 6,800 SME Accounts

KUALA LUMPUR, Oct 28 (Bernama) -- Financing totalling RM3.8 billion under Bank Negara Malaysia’s (BNM) SME Stabilisation Relief Facility (SME SRF) has been approved as at Sept 30, 2026, benefiting more than 6,800 small and medium enterprise (SME) accounts.

Ann Joo Unit Bags RM61.89 Mln Solar Subcontract Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.

Oriental Interest Terminates Proposed Acqusition Of Chin Hin Jitra And CHJ Motor

KUALA LUMPUR, Oct 28 (Bernama) -- Property developer Oriental Interest Bhd will not proceed with the proposed RM280 million acquisition of the entire equity interest in Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd.

PHB Acquires RM300 Mln Logistics Complex In Penang From Titijaya

KUALA LUMPUR, Oct 28 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has acquired a logistics real estate asset in Bayan Lepas Waterfront, Penang, from Titijaya Land Bhd for approximately RM300 million.

Asian Pac To Buy Kuantan Land For RM42.09 Mln, To Develop RM281.3 Mln Commercial Project

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.

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

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.

Vertex Material Plans NASDAQ Listing By 2Q-3Q Next Year, Eyes US$300-400 Mln

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.

Sabah's Federal Development Expenditure At 71.78 Pct As Of Oct 26

KOTA KINABALU, Oct 28 (Bernama) -- Sabah's federal development expenditure performance has increased to 71.78 per cent as of Oct 26, up from 52.07 per cent on Aug 10 this year, said Chief Minister Datuk Seri Hajiji Noor.