PETALING JAYA: Maxis delivered healthy financial performance for the second quarter ended June 30, 2023 (Q2’23) with service revenue (excluding wholesale voice) increasing 3.2% year-on-year (y-o-y) and earnings maintained amid a challenging operating environment, with higher profit after tax at RM329 million. The company declared an interim dividend of 4 sen net per share for … Read more
KUALA TERENGGANU: KMI Kuala Terengganu Medical Centre (KMIKT) a subsidiary of the healthcare division of TDM Bhd under the management of Kumpulan Medic Iman Sdn Bhd (KMI) ended financial year 2022 with the highest income since operating at its new premises in Batu Burok. KMIKT also registered the first profit since operating at the new … Read more
KUALA LUMPUR: TNG Digital Sdn Bhd (TNGD) has upgraded all online banking reload functions via the Touch ‘n Go eWallet from FPX to DuitNow Transfer effective July 31. This upgrade offers users a convenient and safer method to reload their eWallet directly from their bank apps or websites. DuitNow services provide more features that are … Read more
KUALA LUMPUR: Maybank has been recognised for its excellence in sustainable financing and sustainability transparency for its exceptional initiatives on addressing the adverse effects of climate change and promoting a more sustainable future for humanity. Announced recently in July 2023 by Global Finance, Maybank won the Best Bank for Sustainable Finance – Malaysia and received … Read more
PETALING JAYA: Pure play renewable energy company reNIKOLA Holdings Sdn Bhd is issuing up to RM390 million in sukuk that has been certified by the Climate Bonds Initiative (green sukuk). The green sukuk has been independently verified by RAM Sustainability Sdn Bhd to have complied with the science-based Climate Bonds Standard and Certification Scheme (Climate … Read more
PETALING JAYA: As part of Hartalega Holdings Bhd’s commitment towards sustainable long-term growth, the group will decommission its facility in Bestari Jaya, Selangor, with operations to be consolidated at its Next Generation Integrated Glove Manufacturing Complex (NGC) in Sepang. Decommissioning of the Bestari Jaya facility, which comprises four production plants, some of which have been … Read more
PETALING JAYA: Bank Negara Malaysia (BNM) and Bank Indonesia (BI) today announced the commercial launch of the Malaysia-Indonesia cross-border QR payment linkage. The commercial launch of this linkage follows from the successful completion of the pilot phase of the linkage announced on Jan 27, 2022 which will see the number of participating financial institutions which … Read more
PETALING JAYA: CIMB Bank Bhd and CIMB Islamic Bank Bhd have introduced a suite of electric vehicle (EV) financial solutions, including financing, insurance protection and others, to drive the adoption of EV in Malaysia. Group consumer and digital banking CEO Effendy Shahul Hamid said that through this market offering, the bank is able to make … Read more
SINGAPORE: United Overseas Bank (UOB) and Lazada Group have entered into a memorandum of understanding (MoU) to collaborate on retail products and banking solutions for their combined customer base in five key Southeast Asian markets – Singapore, Malaysia, Indonesia, Thailand and Vietnam. This regional strategic partnership will also see the two industry leaders working together … Read more
PETALING JAYA: CTOS Digital Bhd made its first post-listing acquisition by acquiring a 4.6% stake in credit rating agency RAM Holdings Bhd for RM10.1 million. The valuation was arrived on a willing buyer-willing seller basis. The group on Thursday entered into a share purchase agreement (SPA) with CIMB Bank Bhd to acquire a 4.6% stake … Read more
PETALING JAYA: Chocolate lovers are in for an “extreme cocoa” treat as Tealive, Southeast Asia’s leading lifestyle tea brand, pairs up with Malaysia’s top chocolate malt beverage, Milo. In a first-ever tie-up with Milo, Tealive now offers an exclusive range of “Coco Xtreme” drinks that will satisfy the cravings of every chocolate lover – delicious … Read more
PETALING JAYA: Cable and wire manufacturer Southern Cable Group Bhd saw its orders in hand grow to RM609.3 million from RM578.4 million as at Dec 31, 2022, after receiving a contract addendum from Tenaga Nasional Bhd (TNB). With the addendum, the group’s amended contract with TNB to supply underground cables and conductors increased to RM332.1 … Read more
