Corporate News

Ramssol appointed JPJ collection agent

PETALING JAYA: Ramssol Group Bhd's wholly owned subsidiary, Rider Gate Sdn Bhd, has been appointed by the Transport Ministry as the Road Transport Department Malaysia's (JPJ) authorised collection agent for motor vehicle ownership transfers, motor vehicle licence renewals, and traffic summons payments.

Letters

Stepping up to make a difference between life and death

FROM CHEW HOONG LING Social activist Kuala Lumpur

Nation

Microlight plane crashes, two injured

IPOH: Two men escaped serious harm after a microlight aircraft made an emergency landing in an open area near Tekah Airport in Taiping.

Corporate News

SMRT to buy stake in S’pore digital banking player

PETALING JAYA: SMRT Holdings Bhd is planning to acquire a 37.5% stake in Singapore-based Novus Technologies Pte Ltd (NTPL) for S$7.09mil, or RM22.48mil, which marks another step in the group's shift toward a pure-play information technology business.

Markets

Bond inflows to sustain

PETALING JAYA: Appetite for Malaysian debt securities is seen to be sustained on a strong and favourable outlook, anchored mainly by expectations of potential cuts to the United States' interest rates.

Corporate News

Sunway, Paramount, Perak Transit in sukuk plans

PETALING JAYA: The domestic corporate sukuk market saw a series of fresh issuances yesterday, with Sunway Group, Paramount Corp Bhd and Perak Transit Bhd respectively moving to tap the debt capital market for project financing, refinancing and broader funding flexibility.

A Winning Factor

Villa crashed the party and the title race is back on

HOLD on to your horses, Premier League fans.

Corporate News

Regulatory reforms to weigh on private hospitals

PETALING JAYA: The Health Ministry's (MoH) move to mandate a national registry for third-party administrators (TPAs) and managed care organisations (MCOs) is expected to pressure private hospitals to improve cost efficiency, with analysts saying larger hospital groups are better positioned to adapt despite lingering margin risks.

Corporate News

DRB-Hicom unit acquires Spirit Aerosystem

PETALING JAYA: Composites Technology Research Malaysia Sdn Bhd (CTRM), a wholly owned unit of DRB-Hicom Bhd, has completed its acquisition of Spirit AeroSystems Malaysia Sdn Bhd, strengthening its role in the global aerospace supply chain.

Banking

RAM: Bank profitability edging up on lower loan provisions in 3Q

PETALING JAYA: RAM Ratings sees an uptick in profitability in the latest financial results of eight selected local banking groups.

Pinang Points

Seberang Perai to anchor Penang’s future growth

Demographic shift, massive investments spur mainland transformation.

Sabah & Sarawak

Teen shot dead while playing hide-and-seek

KOTA KINABALU: A Form Two student died after being shot by a homemade shotgun, known as a bakakuk, while playing hide-and-seek with a friend in the yard of a house at a former police housing camp in Keningau.

Corporate News

Apex Healthcare minority shareholders advised to accept takeover bid

PETALING JAYA: Kenanga Investment Bank Bhd (Kenanga IB) has recommended that minority shareholders of Apex Healthcare Bhd accept the takeover offer from Pharmora Investment Holdings Pte Ltd and its joint ultimate offerors.

Football

Gamel draws the line as Selangor feel SEA Games strain

PETALING JAYA: It is not a question of patriotism, but Selangor must also look after their own interests as the club are grappling with a lengthy injury list, with many players already showing signs of fatigue.

Corporate News

Coastal Contracts bags RM7mil charter

PETALING JAYA: Coastal Contracts Bhd has secured a charter contract worth RM7.38mil on Dec 5, 2025 for its liftboat, with the on-hire date expected to commence by Dec 10, 2025.

Nation

Hotels: East coast is not closed

PETALING JAYA: Hotels along the east coast of Peninsular Malaysia are stepping up efforts to counter a downturn in visitors caused by recent floods and heavy rains.

Economy

Building sector to gain from 13MP project flows

PETALING JAYA: The average RM86bil worth of development expenditure (DE) planned under the 13 Malaysia Plan (13MP) will help anchor order-book prospects for the construction and building materials sector.

Hockey

Young Tigers eye win over Japan to seal 13th-place finish

PETALING JAYA: Malaysia have a chance to wrap up their Junior Hockey World Cup campaign in 13th place today but only if they can overcome Japan.

Corporate News

SimeProp sees potential in built-to-lease models

KUALA LUMPUR: Sime Darby Property Bhd (SimeProp) is set to continue diversifying its revenue streams, while creating long-term income for itself through partnerships with other industries.

Corporate News

Market debutante BMS Holdings big on expansion

PETALING JAYA: Johor-based building materials distributor BMS Holdings Bhd, which has made its debut on the ACE Market of Bursa Malaysia, believes its listing will allow it to strengthen its presence nationwide.