Kuala lumpur: Maxis Bhd’s wholly-owned subsidiary, Maxis Broadband Sdn Bhd (MBSB), has announced the issuance of two new series of Sukuk Murabahah, with a combined nominal value of RM1.0 billion. This issuance is part of its existing unrated Sukuk Mur…
Kuala lumpur: The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.055 billion, following a US$975 million issuance and reissuance exercise (US$1=RM3.97).
According to…
Singapore: Lendlease Global Commercial REIT (Lendlease REIT) has successfully completed the acquisition of the remaining 30 percent interest in PLQ Mall, marking full ownership of the Singapore retail asset. This strategic move comes as the REIT embar…
Kuala lumpur: Malayan Flour Mills Bhd (MFM) has announced a substantial RM100 million capital expenditure plan aimed at enhancing its flour milling business over the course of two financial years, including the current financial year ending December 3…
Itc infotech: ITC Infotech, a global technology services and solutions provider, and InsureMO have formed a strategic alliance to help insurers accelerate modernisation through agentic artificial intelligence (AI), initially targeting markets in the M…
Kuala lumpur: Petronas Gas Bhd (PGB) reported a decrease in net profit to RM438.68 million for the first quarter ending March 31, 2026, compared to RM468.79 million in the same quarter last year. This decline aligns with reduced gross profit and a dro…