News

Astro Loses FIFA World Cup Broadcast Rights After 20 Years
Pay-TV operator Astro Malaysia Holdings Bhd has confirmed it will not be the primary broadcaster for the upcoming FIFA World Cup, ending its 20-year streak as the official tournament broadcaster

RT Pastry Signs Underwriting Deal With KAF For ACE Market IPO
RT Pastry Holdings Bhd (RT Pastry) has signed an underwriting agreement with KAF Investment Bank Bhd for its initial public offering (IPO) and planned listing on Bursa Malaysia’s ACE Market.

FWD Takaful And MBSB Bank Sign 10-Year Bancatakaful Partnership
FWD Takaful Berhad (“FWD Takaful”) announced the strategic bancatakaful partnership with MBSB Bank Berhad (“MBSB Bank”), a full-fledged Islamic bank dedicated to offering innovative and Shariah-compliant products and services in

CIMB Niaga To Spin Off Islamic Banking Unit In Q4
PT Bank CIMB Niaga Tbk, the Indonesian subsidiary of CIMB Group Holdings Bhd, is set to spin off its Islamic banking business into a standalone bank in the fourth quarter

UAE’s Lulu Hypermarket To Buy US$100m Halal Products From Mara entrepreneurs: Zahid
Global retail chain Lulu Hypermarket has committed to purchasing and marketing halal products from Majlis Amanah Rakyat (Mara) entrepreneurs worth US$100 million (about RM470 million) for the international market starting

Nestlé Sales Recover to Pre-Boycott Levels
Nestlé (Malaysia) Bhd has seen its sales return to pre-boycott levels, according to local research houses, supported by festive spending and disciplined cost management. Kenanga Research said the company’s revenue
