Malaysias
Malaysia’s Petronas to halt local NGV fuel supply next year on declining demand
Malaysia state energy firm Petronas will halt the domestic retail supply and sale of natural gas for vehicles by July next year due to declining demand and to ensure...
Bursa Malaysia’s outperformance may attract Singapore listcos seeking higher valuations
Singapore-listed UMS and Grand Venture Technology say they are eyeing secondary listings in Kuala LumpurBURSA Malaysia has been one of the top performing markets in the region, with numerous...
Malaysia’s Public Bank is said to consider buying late founder’s family stake in LPI
PUBLIC Bank said it is buying its late founder Teh Hong Piow’s family stake in the owner of Lonpac Insurance (LPI) for RM1.72 billion (S$524 million). Malaysia’s second-biggest lender...
Malaysia’s Sarawak state secures largest stake in Affin Bank
MALAYSIA’S Sarawak state has emerged as the largest shareholder in Affin Bank after finalising a long-delayed deal to acquire additional shares in the lender.State-owned SG Assetfin Holdings signed a...
Malaysia’s central bank sees ‘enduring support’ for ringgit
The Malaysian currency has been buoyed by signs of a rebound in China, the nation’s largest trading partnerThe rally in Malaysia’s ringgit is likely to last given the nation’s...
Malaysia’s king to seek funds for high-speed rail on China visit
Malaysia’s king is planning to seek funding from Chinese investors for a multibillion dollar high-speed rail project between the South-east Asian country and Singapore, according to people familiar with...
Mini-mart king hits billionaire status in Malaysia’s hot IPO market
LEE Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia. Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail...
Malaysia’s Kenanga Investment Bank invests US$5.2 million in Singapore fintech Helicap
The investment is part of Helicap’s Series B funding round and represents an 8% stake in the fintechMALAYSIA-BASED Kenanga Investment Bank on Monday (Sep 2) announced it has invested...
