Business

Ancom Nylex posts record FY24 net profit of RM81.5m

ANCOM Nylex Bhd saw a 8.4% increase in net profit for the fiscal year ended May 31, 2024 (FY24), reaching…

6 mins ago

Gamuda-Alstom JV bags RM5b contract for Perth’s rail network upgrade

GAMUDA Bhd and French rail engineer Alstom have secured a A$1.6 billion (RM5 billion) contract for the Metronet high-capacity signalling…

4 hours ago

The evolution of cinemas: From standalone boxes to immersive multiplexes

Today, cinemas consist of large halls equipped with state-of-the-art technology, offering audiences immersive cinematic experiences  by AZALEA AZUAR  CINEMAS in…

10 hours ago

Bintai Kinden clinches RM26m contracts

Bintai Kinden Corp Bhd, through its subsidiary Kejuruteraan Bintai Kindenko Sdn Bhd, has clinched two contracts totaling RM25.68 million. The…

20 hours ago

Pavilion REIT’s 2Q net property income up 19% to RM120m

Pavilion Real Estate Investment Trust (Pavilion REIT) reported an 18.8% year-on-year increase in net property income (NPI) for the second…

20 hours ago

PGF Capital secures exclusive deal for mineral wool panels, eyes data centre market

PGF Capital Bhd has secured an exclusive distributorship agreement with Centria Building Material Manufacturing (Shanghai) Co Ltd for mineral wool…

20 hours ago

B.I.G Industries ceases concrete division amidst financial struggles

B.I.G Industries Bhd announced today the cessation of its concrete division operations, effective July 16, 2024, citing intense competition and…

24 hours ago

ILB Group expands RE sector with proposed RM98m acquisitions

ILB Group Bhd plans to acquire Armani Sinar Sdn Bhd (ASSB) and solar assets from Armani Energy Sdn Bhd (AESB)…

1 day ago

Maxis said to explore U Mobile buyout

Maxis Bhd., a Malaysian telecommunications firm controlled by billionaire T Ananda Krishnan, is considering buying out U Mobile Sdn. to…

1 day ago

Lion Group partners with Samsung SDS to implement advanced logistics optimisation system

LION Group and Samsung SDS have signed a memorandum of understanding (MoU) to collaborate on implementing an innovative logistics optimisation…

2 days ago

Carsome secures RM100m financing from AmBank to drive growth and innovation

CARSOME Group has secured a RM100 million financing facility from AmBank Group to expand its liquidity and bolster its capacity…

2 days ago

E-invoicing will impact SMEs

by SUFEA SALEHUDDIN / pic TMR FILE THE government is set to implement e-invoicing nationwide, aiming to enhance transparency, improve…

2 days ago

Advancecon partners with PKNPk to develop CLQs in Perak

Advancecon Holdings Bhd has entered into a joint venture cum shareholders’ agreement with Perbadanan Kemajuan Negeri Perak (PKNPk) through its…

3 days ago