KUALA LUMPUR: Venture capital firm, RHL Ventures Sdn Bhd (RHL) aims to fully distribute the Hibiscus Fund which is expected to close at around RM300 million this year, half of which to be set aside for Malaysian technology-linked start-ups. Read full story
KUALA LUMPUR: The FBM KLCI ended the morning session in positive territory as investors picked up bargains following recent declines. Read full story
PETALING JAYA: KHK Group and Melbourne-based property Beulah set a new benchmark for clocking RM1.2bil sales for Australia’s most anticipated projects, STH BNK By Beulah. Read full story
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) has obtained approval from Bank Negara Malaysia (BNM) to commence negotiations for the proposed acquisition of Malaysian Industrial Development Finance Bhd (MIDF). Read full story
KUALA LUMPUR: Malaysian Genomics Resource Centre Bhd (MGRC) has launched its genetic screening plus personalised health supplements solutions on the airasia Super App Read full story
SEPANG: AirAsia X Bhd (AAX) is expanding its flight network from Kuala Lumpur with new services to Incheon (Seoul), South Korea and New Delhi, India from April 20. Read full story
TOKYO: Oil futures rose on Wednesday, paring early losses, as the threat of new sanctions on Russia raised supply concerns, countering fears of weaker demand following a build in U.S. crude stockpiles and Shanghai’s extended lockdown. Read full story
KUALA LUMPUR: Ocean Vantage Holdings Bhd’s wholly owned subsidiary Ocean Vantage Engineering Sdn Bhd has clinched a RM71.3mil contract to provide civil, building and piling works for a new onshore gas plant owned by Petroliam Nasional Bhd known as Gas Sales Facilities 2 at Bintulu, Sarawak or BAGSF-2. Read full story
KUALA LUMPUR: Shares in Lingkaran Trans Kota Holdings Bhd (Litrak) surged 53 sen or 13.15% to RM4.58 apiece at market open today on news it had received an offer from Amanat Lebuhraya Rakyat Bhd (ALR) for its stakes in SPRINT and LItrak. Read full story
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today on renewed buying interest of the local currency, said a dealer. Read full story
KUALA LUMPUR: Perodua registered sales of 61,624 vehicles in the first quarter of the year, a 6.4% jump from 57,909 vehicles in the same period in 2021. Read full story
KUALA LUMPUR: Malaysia’s economy is expected grow 5.5 per cent this year, driven by recovery in domestic demand, expansion in exports, and reopening of borders, according to a World Bank report. Read full story