-
1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Premium new energy vehicle group Zeekr has appointed Carro to as its latest authorised dealer in Malaysia. Carro is Asia Pacific's largest online automotive marketplace and Malaysia's most trusted used car platform. In a joint statement today, both parties said the partnership plans include four new Zeekr showrooms and three Carro Care workshops to support retail and maintenance efforts.
-
1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Geopolitical tensions from the Israel-Iran conflict and looming reciprocal tariffs from the United States are expected to weigh on the transportation sector, adding further uncertainty to global trade flows. RHB Research said the escalation in the Israel-Iran conflict has heightened risks to global seaborne trade, particularly near key trade chokepoints such as the Suez Canal and the Strait of Hormuz.
-
1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: MBSB Bank Bhd has approved Islamic financing facilities totalling RM180 million for MAG Holdings Bhd to strengthen its operations across the halal aquaculture value chain. The bank said the facilities, structured through term financing-i and trade line facilities-i, will support MAG's working capital and capital expenditure needs. This will particularly help in scaling its cold chain logistics, farming and hatchery infrastructure, and halal seafood export capacity.
-
1 week ago | 
nst.com.my | Azanis Shahila Aman
Personalised advertising and content, advertising and content measurement, audience research and services developmentStore and/or access information on a deviceYou can choose how your personal data is used.
-
1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Foreign investors continued to withdraw funds from Bursa Malaysia for the fourth consecutive week, according to MIDF Research. The research house reported a net outflow of RM444.4 million, which was slightly higher than the RM387.4 million withdrawn in the previous week. "Foreign investors were net sellers on every trading day except Wednesday, with outflows ranging from RM34.6 million to RM211.6 million," MIDF Research said in its weekly fund flow report on Monday.
-
1 week ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Oil prices are expected to trend higher in the near term amid growing geopolitical risks, particularly fears of escalating attacks on Iran's oil fields and refinery infrastructure. Hong Leong Investment Bank Bhd (HLIB) said the extent of Iran's crude oil supply disruption is still not yet ascertained, as the firm understood that the facilities under attack were mainly downstream refineries and gas-related facilities.
-
2 weeks ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Cuckoo International (MAL) Bhd (CKI)'s initial public offering (IPO) has been oversubscribed by 1.42 times ahead of its listing on the Main Market of Bursa Malaysia Securities Bhd. In a statement today, the home appliance manufacturer said the final IPO price for its listing on the Main Market has been set at RM1.08 per share, lower than the initial reference price of RM1.29 per share.
-
2 weeks ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: KJTS Group Bhd's indirect subsidiary Green AI Sdn Bhd has signed a memorandum of understanding (MoU) with Shenzhen Envicool Technology Co Ltd for a data centre infrastructure project. Green AI will leverage KJTS's expertise in build-operate-transfer (BOT) and retrofit-operate-transfer (ROT) models to lead engineering, construction and ongoing operations of cooling plants.
-
2 weeks ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: Leon Fuat Bhd today says that all resolutions have been duly passed at its 18th annual general meeting (AGM). The manufacturer and trader of rolled long and flat steel products said among the key approvals was the declaration of a final single-tier dividend of one sen per share for the financial year ended December 31, 2024 (FY24). "The dividend will be paid on July 22, 2025 to shareholders registered in the record of depositors as of June 30, 2025," it said.
-
2 weeks ago | 
nst.com.my | Azanis Shahila Aman
KUALA LUMPUR: The Malaysian Aviation Commission (Mavcom) has advised consumers impacted by Jetstar Asia Airways' upcoming suspension of operations to take immediate action and seek assistance directly from the airline. This follows Jetstar Group's announcement on June 11 regarding the managed cessation of its Singapore-based low-cost subsidiary Jetstar Asia (3K), which will officially cease operations on July 31.
