Asia OneHealthcare Files For IPO, Listing On Main Market

KUALA LUMPUR, Oct 29 (Bernama) -- Asia OneHealthcare Bhd (A1H) has filed for an initial public offering (IPO) and listing on the Main Market of Bursa Malaysia, of which proceeds will be used for expansion capital expenditure (capex), maintenance and repayment of bank borrowings.

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.

Fuel Subsidy Savings For This Year To Be Finalised By Year-end -- Amir Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The total fuel subsidy savings for this year will be finalised by year-end, taking into account actual transaction adjustments, weekly market prices, currency exchange rates, and verified consumption volumes. 

Electricity Bill Protection Expansion Will Not Affect TNB's Dividend Payout -- Fadillah

KUALA LUMPUR, Oct 27 (Bernama) -- The initiative to expand electricity bill protection threshold for domestic customers until December 2026 will not affect Tenaga Nasional Bhd’s (TNB) ability to fulfil its dividend payment commitment to shareholders.

SG4 Growth Targets Must Be Supported By Implementation Capacity -- Akmal Nasrullah

KUALA LUMPUR, Oct 27 (Bernama) -- The economic growth target of up to seven per cent per year for Kedah, Kelantan, Terengganu, and Perlis states (SG4) must be supported by implementation capacity, said Economy Minister Akmal Nasrullah Mohd Nasir.

Govt To Implement NDI Approach In 2027 For Aid Eligibility Assessment

KUALA LUMPUR, Oct 26 (Bernama) –- The government will implement the Net Disposable Income (NDI) approach in 2027 to ensure that the assessment of eligibility for aid takes into account demographic factors and liabilities, in addition to income.

CelcomDigi Unit Proposes RM10 Bln Sukuk Murabahah Programme

KUALA LUMPUR, Oct 23 (Bernama) -- CelcomDigi Bhd’s wholly owned subsidiary, CelcomDigi Telecommunications Sdn Bhd (CelcomDigi Tel), has proposed to establish a Sukuk Murabahah programme of up to RM10 billion in nominal value to fund corporate requirements and refinancing.

PAAB Proposes RM11.64 Bln Sukuk Programme For Long-term Water Infrastructure Development

KUALA LUMPUR, Oct 23 (Bernama) -- Pengurusan Aset Air Bhd (PAAB) has proposed an RM11.64 billion Islamic Medium-Term Notes (IMTN) programme through its wholly owned funding vehicle and sukuk issuing entity, Pengurusan Air SPV Bhd (PASB), to support its long-term strategic capital expenditure (capex) requirements over the next decade.

Use Data And Analytics To Improve Subsidy Targeting Based On Household Needs -- Experts

BANGI, Oct 23 (Bernama) -- Malaysia should use data and analytics to improve subsidy targeting based on household needs, helping those most in need while maintaining fiscal sustainability.

PM Anwar Fulfils Promise To Expedite Flood Mitigation Projects, Help Long-Suffering Victims

By Mikhail Raj Abdullah

KUALA LUMPUR, Oct 23 (Bernama) -- Staying true to Prime Minister Datuk Seri Anwar’s promise made more than three years ago, the government has expedited the implementation of flood mitigation projects to ease the burden and financial hardship inflicted on victims almost seasonally by this natural disaster.

Govt Allocates RM1 Bln To UJSB For Early Redemption Of Sukuk In 2027

KUALA LUMPUR, Oct 22 (Bernama) -- The government has allocated RM1 billion to Urusharta Jamaah Sdn Bhd (UJSB) for the early redemption of sukuk in 2027, thereby strengthening the cash flow of Lembaga Tabung Haji (TH).

Orgabio’s Two Additional Production Lines Operating At 70 Pct Utilisation

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 22 (Bernama) -- Orgabio Holdings Bhd’s two additional production lines are operating at about 70 per cent utilisation rate, and this has strengthened its manufacturing capabilities to accommodate customers’ beverage premix requirements.