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
KUALA LUMPUR, The government should increase investment in artificial intelligence (AI)-driven technologies, skills development, and greater economic inclusivity in the upcoming Budget 2025, said Learning Edge, a talent development organisation.
Its …
VIENTIANE, The ASEAN Business Advisory Council (ASEAN-BAC) has outlined several key initiatives that will be highlighted during Malaysia’s chairmanship next year, including an initial public offering (IPO) framework for the 10-member bloc.
ASEAN-BAC …
KUALA LUMPUR, Top Glove Corporation Bhd has reduced its net loss to RM61.81 million for the financial year ended Aug 31, 2024 (FY2024) from RM925.22 million in FY2023.
Revenue rose 11 per cent to RM2.52 billion in FY2024 from RM2.26
KUALA LUMPUR, Budget 2025, set to be tabled on Oct 18, marks the final budget under the 12th Malaysia Plan (2021-2025) and is expected to lay the groundwork for the upcoming 13th Malaysia Plan (2026-2030).
The Malaysian Institute of Economic
KUALA LUMPUR, Glove manufacturer Top Glove Corporation Bhd has called on the government to reduce the rubber glove export levy by at least by 50 per cent in Budget 2025.
Executive chairman Tan Sri Lim Wee Chai said the group
KUALA LUMPUR, IBM Malaysia said the growing demand for artificial intelligence (AI)- driven solutions, alongside supportive government policies promoting technological innovation, will drive Malaysia’s AI market growth.
Its managing director and tech…
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 …
KUALA LUMPUR, Shares of Public Bank Bhd and LPI Capital Bhd will resume trading with effect from 9 am tomorrow, according to separate filings from the two companies to Bursa Malaysia.
‘Trading in the structured warrants relating to Public Bank
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…