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Biocon Completes Full Merger Of Biocon Biologics In $5.5 Billion Deal.Indian biopharmaceutical giant Biocon has announce...
09/12/2025

Biocon Completes Full Merger Of Biocon Biologics In $5.5 Billion Deal.

Indian biopharmaceutical giant Biocon has announced the full integration of its biosimilar unit, Biocon Biologics, consolidating all of its biosimilars and generics operations under one unified entity.

This move aims to streamline operations, strengthen Biocon’s presence in global biosimilars markets, and enhance value creation for shareholders.

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Geohan Subsidiary Wins RM59 Million Contracts For Penang LRT Project.Geohan Corporation Bhd’s wholly-owned subsidiary, G...
09/12/2025

Geohan Subsidiary Wins RM59 Million Contracts For Penang LRT Project.

Geohan Corporation Bhd’s wholly-owned subsidiary, Geohan Sdn Bhd, has secured two significant contracts from SRS LRT Sdn Bhd, collectively valued at RM59 million, marking another milestone in the company’s continued expansion in the infrastructure sector.

The announcement was made in a Bursa Malaysia filing today.

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SC Approves Sunway Healthcare’s Listing On Bursa Main Market.The Securities Commission Malaysia (SC) has given its appro...
08/12/2025

SC Approves Sunway Healthcare’s Listing On Bursa Main Market.

The Securities Commission Malaysia (SC) has given its approval for Sunway Healthcare Holdings Bhd (SHH) to be listed on the Main Market of Bursa Malaysia.

SHH is currently an 84%-owned joint venture under Sunway City Sdn Bhd (SunCity), which is wholly owned by Sunway Bhd.

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ChatGPT Said: Samenta: Higher E-Invoicing Exemption To Help 200,000 More SMEs.An estimated 200,000 more small and medium...
08/12/2025

ChatGPT Said: Samenta: Higher E-Invoicing Exemption To Help 200,000 More SMEs.

An estimated 200,000 more small and medium enterprises (SMEs) are set to be exempted from e-invoicing after the government announced that the exemption threshold will be increased to RM1 million in annual revenue, starting in 2026.

In a statement on Sunday, the Small and Medium Enterprises Association Malaysia (Samenta) said the higher threshold is a timely move that shows the government understands the real challenges faced by micro and small businesses, many of whom continue to struggle with increased costs and limited resources.

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Sembcorp Is Currently In Talks To Acquire Australia’s Alinta Energy.Sembcorp Industries Ltd is in ongoing discussions to...
08/12/2025

Sembcorp Is Currently In Talks To Acquire Australia’s Alinta Energy.

Sembcorp Industries Ltd is in ongoing discussions to potentially acquire Australia’s Alinta Energy, though no final agreement has been reached yet.

The talks come as Alinta’s owner, Hong Kong billionaire Henry Cheng’s Chow Tai F**k Enterprises Ltd, continues exploring a full or partial sale of the utility after spending most of the year reviewing its options.

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Johor’s BMS Holdings Drops Below IPO Price On Its ACE Market Debut.BMS Holdings Bhd, a Johor-based building materials di...
08/12/2025

Johor’s BMS Holdings Drops Below IPO Price On Its ACE Market Debut.

BMS Holdings Bhd, a Johor-based building materials distributor, saw its shares fall below its initial public offering (IPO) price during its debut trading session on the ACE Market on Monday, December 8.

The stock opened at 19.5 sen per share, down from its IPO price of 22 sen, and quickly dropped to a low of 18.5 sen shortly after trading commenced.

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Sarawak Spends RM21.8 Billion To Speed Up Infrastructure Development.Sarawak has channelled RM21.8 billion through its A...
08/12/2025

Sarawak Spends RM21.8 Billion To Speed Up Infrastructure Development.

Sarawak has channelled RM21.8 billion through its Alternative Funding (AF) initiative to accelerate key infrastructure projects across the state, said Second Minister for Finance and New Economy Datuk Amar Douglas Uggah Embas on Wednesday.

He explained that the AF model was introduced to ensure important development projects can move forward without delays, allowing the state to fast-track critical infrastructure while maintaining strong financial stability.

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Ex-Miti Minister Zafrul Named Mida Chairman For Two Years.Tengku Datuk Seri Zafrul Abdul Aziz, former Minister of Invest...
08/12/2025

Ex-Miti Minister Zafrul Named Mida Chairman For Two Years.

Tengku Datuk Seri Zafrul Abdul Aziz, former Minister of Investment, Trade and Industry (Miti), has been appointed as the new chairman of the Malaysian Investment Development Authority (Mida), effective Wednesday, the Prime Minister’s Office (PMO) announced.

He will serve a two-year term, with additional responsibilities to be revealed at a later date.

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M*F: BNM Has Plan To Reduce Stake In PayNet.Bank Negara Malaysia (BNM) has developed a long-term strategy to gradually r...
08/12/2025

M*F: BNM Has Plan To Reduce Stake In PayNet.

Bank Negara Malaysia (BNM) has developed a long-term strategy to gradually reduce its ownership stake in Payments Network Malaysia Sdn Bhd (PayNet), the country’s primary payment infrastructure provider.

The plan, confirmed by the Ministry of Finance (M*F), is aimed at fostering greater market competitiveness while ensuring that PayNet continues to play a central role in strengthening Malaysia’s digital payment ecosystem.

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Banks Provide Flood Relief Support To Affected Customers.In response to the recent floods, banks in Malaysia are providi...
08/12/2025

Banks Provide Flood Relief Support To Affected Customers.

In response to the recent floods, banks in Malaysia are providing a wide range of relief measures to assist affected customers.

These measures include the deferment of loan or financing instalments, giving temporary financial relief to individuals and businesses struggling with the impact of flooding.

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AmBank, Huawei Malaysia Seal RM350 Million Financing Deal.AmBank Group and Huawei Technologies (Malaysia) Sdn Bhd have f...
08/12/2025

AmBank, Huawei Malaysia Seal RM350 Million Financing Deal.

AmBank Group and Huawei Technologies (Malaysia) Sdn Bhd have formalized a RM350 million supply chain financing agreement aimed at bolstering Malaysia’s digital infrastructure and supporting the country’s ambitious technology-driven development goals.

The financing facility is part of a broader effort to accelerate the rollout of Malaysia’s second 5G network and enhance the nation’s technology ecosystem, positioning Malaysia as a competitive hub for digital innovation and foreign investment in the region.

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Webull Malaysia Teams Up With AHAM Capital To Launch Moneybull.Webull Malaysia, a subsidiary of Webull Corporation, has ...
08/12/2025

Webull Malaysia Teams Up With AHAM Capital To Launch Moneybull.

Webull Malaysia, a subsidiary of Webull Corporation, has partnered with AHAM Asset Management Bhd (AHAM Capital) to introduce Moneybull, a cash management platform that helps investors earn returns on idle or uninvested cash while maintaining full liquidity.

The collaboration combines Webull’s technology-driven investing platform with AHAM Capital’s fund management expertise to make it easier for Malaysians to optimise idle cash and earn daily returns.

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