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MIDA Achieves Nearly Half Of RM2.5 Bln Investment Goal At IGEM 2024 As Of 2nd Day

October 10, 2024

KUALA LUMPUR, The Malaysian Investment Development Authority (MIDA) today unveiled seven memoranda of understanding (MoUs) with potential investments of over RM1 billion in the green sector at the International Greentech and Eco Products Exhibition an…

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Pharmaniaga Appoints EY As New External Auditor Effective Oct 9

October 10, 2024

KUALA LUMPUR, Pharmaniaga Bhd (Pharmaniaga) has appointed Ernst and Young (EY) as its new external auditor, effective Oct 9, 2024.

The company said EY is replacing PricewaterhouseCoopers (PwC), which resigned following a formal written notice served …

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500,000 AI-based Jobs Expected In Malaysia Within Six Years

October 10, 2024

KUALA LUMPUR, An estimated 500,000 artificial intelligence (AI)-based jobs across various sectors are expected to be created in Malaysia over the next six years, said Malaysia Internet of Things (IoT) Association deputy president Datuk P. Sri Ganes.

…

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Top Glove Expects To Return To Black In FY2025 – MD

October 10, 2024

KUALA LUMPUR, Glove manufacturer, Top Glove Corporation Bhd expects to return to the black in financial year 2025 (FY2025), driven by the increase in sales volume and improved utilisation rates.

Although the group did not manage to achieve profitabil…

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Public Bank To Acquire 44.15 Pct Stake In LPI Capital For RM1.72 Bln Cash

October 10, 2024

KUALA LUMPUR, Public Bank Bhd has proposed to acquire a 44.15 per cent stake in LPI Capital Bhd, comprising 175.9 million shares, for RM1.72 billion in cash.

Managing director and chief executive officer Tan Sri Tay Ah Lek said the

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