News

Heineken Shifts Production From Singapore To Malaysia And Vietnam
Heineken is set to shift its production from Singapore to Malaysia and Vietnam as the Dutch brewer gradually scales down its large-scale operations in Singapore. According to an exchange filing

Penang LRT Contract Delayed Amid Intense Lobbying
MRT Corp has extended the deadline for deciding the systems package of the Penang Light Rail Transit (LRT) project, with tender bonds now required to remain valid until the end

Grab Buys Foodpanda Taiwan For US$600M
Grab has agreed to acquire Delivery Hero SE’s foodpanda Taiwan delivery business for US$600 million in cash on a cash-free, debt-free basis, marking its entry into Taiwan. The deal is

Kenanga Raises Stake In Digital Exchange KDX To 81.7%
Kenanga Investment Bank Bhd has raised its stake in digital asset exchange Kinetic DAX Sdn Bhd (KDX) to 81.7%, up from 19%, through a fundraising and capitalisation exercise conducted by

Pharmaniaga Set to Exit PN17 On Tuesday
Pharmaniaga Bhd will be lifted from Bursa Malaysia’s Practice Note 17 (PN17) category effective Tuesday (March 17), ending its three-year classification as a financially distressed company. The removal follows Bursa

MIDA To Handle InvestKL Functions After Restructuring
Effective March 15, 2026, InvestKL will cease operating as an independent agency, with its investment promotion functions to be taken over by the Malaysian Investment Development Authority (MIDA). The transition
