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Tag: Malaysia

Posted on October 13, 2025

Genting Malaysia set for delisting as Genting Bhd launches RM6.7b takeover, offering RM2.35/share to minority shareholders

KUALA LUMPUR, Oct 13 — Genting Bhd has announced plans to privatise Genting Malaysia Bhd (GENM) through a RM6.74 billion buyout, offering RM2.35 per share to minority shareholders.
Posted on October 13, 2025

Genting Malaysia set for delisting as Genting Bhd launches RM6.7b takeover, offering RM2.35/share to minority shareholders

KUALA LUMPUR, Oct 13 — Genting Bhd has announced plans to privatise Genting Malaysia Bhd (GENM) through a RM6.74 billion buyout, offering RM2.35 per share to minority shareholders.
Posted on October 13, 2025

Malaysia sees ringgit strengthening below RM4 per US Dollar

The Malaysian ringgit is set to extend its recent gains as strong domestic spending and the government’s fiscal prudence cushion the blow from US tariffs, says Second Finance Minister Amir Hamzah …
Posted on October 13, 2025

Malaysia sees ringgit strengthening below RM4 per US Dollar

The Malaysian ringgit is set to extend its recent gains as strong domestic spending and the government’s fiscal prudence cushion the blow from US tariffs, says Second Finance Minister Amir Hamzah …
Posted on October 13, 2025

Genting launches $1.6 billion bid for Genting Malaysia to gain control of casino arm

Genting said on Monday it will make a conditional cash offer for all the shares in Genting Malaysia it does not own, in a deal worth 6.74 billion ringgit ($1.6 billion) as it aims to consolidate …
Posted on October 13, 2025

Malaysia’s property divide: Johor and Penang sizzle as Kuala Lumpur cools amid condo glut

[KUALA LUMPUR] Johor and Penang are defying the chill in Malaysia’s property market, buoyed by Singaporean spillover and industrial demand, even as Kuala Lumpur remains sluggish under a glut of unsold …

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Posted on October 13, 2025

Who Is Vinod Sekhar? Malaysian Business Tycoon Attacked In London

Vinod Sekhar is a prominent Malaysian businessman, philanthropist, and advocate for social capitalism. On October 11 he was attacked and robbed outside his daughter’s apartment in London.
Posted on October 13, 2025

Malaysia plans $111 billion budget for 2026, tax collection boost

By Rozanna Latiff, Danial Azhar and Ashley Tang KUALA LUMPUR (Reuters) – Malaysia said on Friday it plans to boost tax collection and strengthen social protection systems next year, as it looks to …
Posted on October 13, 2025

New ambassador targets closer Malaysia-Thailand economic and border cooperation

BANGKOK: Malaysia’s new Ambassador to Thailand, Datuk Wan Zaidi Wan Abdullah, has pledged to further strengthen bilateral ties between both nations, with a strong focus on boosting trade, enhancing …
Posted on October 13, 2025

Budget 2026 comes at a key juncture for Malaysia

The unveiling of Budget 2026 comes at a key juncture for Malaysia, as it navigates global headwinds from trade tensions and tariffs, domestic cost-of-living pressures, and a renewed push under the …

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