· Divestment streamlines core business · Proceeds earmarked for debt reduction, and special dividend commitment

KPS Berhad Agrees RM265.48 Million Stake Divestment In Kaiserkorp

Kumpulan Perangsang Selangor Berhad (“KPS Berhad” or the “Company” or the “Group”) (KPS, Bursa: 5843; Bloomberg: KUPS:MK; Reuters: KPSB.KL) announced yesterday that its wholly owned subsidiary, Bold Approach Sdn Bhd (“Bold Approach”) has entered into a conditional share sale agreement (“SSA”) with AI Dream (HK) Limited to divest its 50% equity interest in Kaiserkorp Corporation […]

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High productivity brings elevated wages for citizens, increased profits for businesses, and greater tax revenue for the government.

Boosting Productivity

High productivity leads to elevated wages for citizens, increased profits for businesses, and greater tax revenue for the government. Malaysia holds significant potential for strong productivity growth, with a targeted annual growth rate of 3.8% (2024-2025). Inshallah, achieving this aspiration is within our reach through the following concerted efforts: Upskilling: Individuals need to engage in […]

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Oliver Healthcare Packaging reaffirms commitment to Malaysia's Pharmaceutical And Medical Devices Ecosystem with 122,000-square foot manufacturing facility.

Oliver Healthcare Packaging Reaffirms Commitment

Oliver Healthcare Packaging (“Oliver”), a leading supplier of sterile barrier flexible packaging solutions to the global healthcare market, has commenced construction of its new manufacturing facility in the state of Johor, Malaysia. The facility is Oliver’s first plant in Malaysia, and the largest in Asia. In February of this year, the company broke ground on […]

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UOB ASEAN Consumer Sentiment Study 2023: Malaysian consumers remain positive about economic outlook and prioritize wealth building to future proof their finances.

UOB ASEAN Consumer Sentiment Study 2023

UOB’s flagship ASEAN Consumer Sentiment Study (ACSS) 2023 has found that while many Malaysian consumers are planning to maintain or decrease their expenses due to concerns about rising inflation, they remain positive about the economic outlook and are focused on securing their long-term financial health through savings, investments, and insurance. With this optimism, about 30 […]

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Petronas releases 'A Gift Of Heart', to reflect on gratitude and new beginnings.

Petronas Releases ‘A Gift Of Heart’

PETRONAS has released ‘A Gift of Heart’ today, the final instalment of its festive films for the year. Helmed by award-winning director, Quek Shio, the film emphasises the significance of nurturing kindness, gratitude and tolerance to sow seeds of harmony for the future. Capturing the quintessence of the season, the story embodies the spirit of […]

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Petronas Carigali, PTTEP sign MOU and operational agreements for Blocks SK405B and SK410B, off the coast of Sarawak, offshore Malaysia.

Petronas Carigali, PTTEP Sign MOU And Operational Agreements

PETRONAS Carigali Sdn Bhd (PETRONAS Carigali), a wholly-owned subsidiary of PETRONAS, has signed a Memorandum of Understanding (MoU) and two Technical Assistance Agreements (TAAs) with PTT Exploration and Production (PTTEP) in relation to the development of PTTEP-operated Blocks SK405B and SK410B located off the coast of Sarawak, offshore Malaysia. The MoU covers the scope of […]

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Clinical Research to generate over RM2 Billion investment in the next decade.

Clinical Research To Generate Over RM2 Billion Investment

Malaysia is projected to gain RM 2.1 billion in Gross National Income (GNI) through 3500 sponsored clinical research that are to be conducted between years 2023-2033, according to Clinical Research Malaysia. These targets were unveiled under CRM’s 10-year plan, which were recently presented in the Clinical Research Governance World Conference at Hong Kong, attended by […]

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The newly appointed Minister of Human Resources and Deputy Minister made their first official visit to Talent Corporation Malaysia Berhad (TalentCorp).

New HR Minister And Deputy Minister’s First Official Visit To TalentCorp

The newly appointed Minister of Human Resources, YB Steven Sim Chee Keong and Deputy Minister YB Dato’ Sri Haji Abdul Rahman made their first official visit to Talent Corporation Malaysia Berhad (TalentCorp), an agency under the Ministry of Human Resources tasked to drive Malaysia’s talent strategy towards becoming a dynamic talent hub. During the two-hour […]

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KAB champions a diverse energy mix: powering Malaysia's diversification of low carbon portfolios.

KAB Champions A Diverse Energy Mix

Sustainable Energy & Engineering Solutions Specialist Kinergy Advancement Berhad (“KAB” or “Group”) is upbeat on its outlook and strategic advancements, which are in line with the nation’s renewable and sustainable energy initiatives. Reflecting insights from a research report by Datametrics Research and Information Centre (“DARE”) titled “A Comparative Analysis of Renewable and Sustainable Energy Platforms […]

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