Affin Group And MBSB Bank Commit RM3.8 Billion In Syndicated Facility To Support Mawar Setia’s Acquisition Of Controlling Stake In U Mobile

PETALING JAYA, Feb 24 (Bernama) — AFFIN Group and MBSB Bank Berhad (“MBSB Bank”) have jointly committed RM3.8 billion in a syndicated facility to support Mawar Setia Sdn Bhd’s acquisition of over 50% controlling stake in U Mobile Sdn Bhd. Under the syndicated arrangement, AFFIN Group has committed RM2.4 billion, while MBSB Bank…

Petronas Dagangan Posts Record FY2025 Profit on Higher Fuel Sales and Digital Adoption

KUALA LUMPUR, Feb 24 (Bernama) — PETRONAS Dagangan Berhad (PDB) delivered its highest profit since 2021, closing FY2025 with RM1.14 billion in Profit After Tax (PAT), driven by higher fuel sales and digital adoption. For the quarter ended 31 December 2025, PDB recorded RM10.6 billion in revenue, an increase of 18…

Kioxia Sampling UFS 5.0 Embedded Flash Memory Devices for Next-Generation Mobile Applications

TOKYO, Feb 24 (Bernama-BUSINESS WIRE) — Kioxia Corporation, a world leader in memory solutions, today announced that it has begun shipping evaluation samples (1) of embedded flash memory compatible with the next-generation UFS standard, UFS 5.0, which is currently being standardized by JEDEC. (2)UFS 5.0 is a new standard for embedded flash storage currently…

Ben Hart Joins Evercore as Senior Managing Director and Head of Asia Private Capital Advisory

NEW YORK, Feb 24 (Bernama-BUSINESS WIRE) — Evercore (NYSE: EVR) announced today that Ben Hart has joined the firm as a senior managing director and head of its Asia Private Capital Advisory (PCA) division. Based in Singapore, Mr. Hart will oversee Evercore PCA’s activities across the Asia-Pacific region and work closely…

Enigmatig Reports 12.2% Revenue Growth and 68.8% Gross Margin in Fiscal 2025 Following NYSE American Listing

SINGAPORE, Feb 24 (Bernama-GLOBE NEWSWIRE) — Enigmatig Limited (NYSE American: EGG) (“Enigmatig” or the “Company”), a global business enabler supporting companies expanding across borders, today announced audited financial results for the fiscal year ended September 30, 2025. Revenue increased 12.2% year over year, with gross margin expanding to 68.8% and a…

Uni-Fuels Expands Southeast Asia Footprint with New Regional Office in Thailand

SINGAPORE, Feb 24 (Bernama-GLOBE NEWSWIRE) — Uni-Fuels Holdings Limited (NASDAQ: UFG) (“Uni-Fuels” or the “Company”), a global provider of marine fuel solutions headquartered in Singapore, today announced the establishment of Uni-Fuels (Thailand) Co., Ltd. (“Uni-Fuels Thailand”), its newly incorporated regional entity, further strengthening the Company’s global supply and operations network. This…

LYB Announces Updated 2030 Sustainability Goals

HOUSTON, Feb 24 (Bernama-GLOBE NEWSWIRE) — LyondellBasell (NYSE:LYB) today announced updates to its 2030 climate and circularity goals amid the need for disciplined capital allocation, evolving market conditions and regulatory developments. The goals remain ambitious, while balancing the need to adjust for near-term achievability. The company’s three-pillared strategy remains unchanged: growing…

CIMB mobilises over RM2.22 million to empower over 45,000 beneficiaries through its annual Harapan Ramadan Programme

KUALA LUMPUR, Feb 24 (Bernama) — CIMB Islamic Bank Berhad and CIMB Foundation (collectively “CIMB” or “the Bank”) has committed over RM2.22 million to its annual Harapan Ramadan programme (“the Programme”) this year, specifically designed to drive socio-economic empowerment for over 45,000 beneficiaries from underserved communities in Malaysia.  This year’s programme marks a strategic…

FY2025 Results Reflect Challenging Market; PCG Prioritises Operational and Commercial Excellence while Maintaining Cost Discipline

KUALA LUMPUR, Feb 23 (Bernama) —  PETRONAS Chemicals Group Berhad (PCG), today announced its financial results for the fourth quarter (4Q 2025) and audited financial year ended 31 December 2025 (FY2025).   Revenue for FY2025 stood at RM27.5 billion, supported by steady sales volumes across both commodity and specialties portfolios. However, softer…

AGIBOT Accelerates Singapore Engagement with Diversified Approaches and Deployment-Focused Initiatives

SINGAPORE, Feb 23 (Bernama-GLOBE NEWSWIRE) — AGIBOT, a leading robotics company specializing in embodied intelligence, is continuing to build its presence in Singapore following its initial market entry in 2025. Through a series of industry engagements, technical exchanges, and infrastructure visits, AGIBOT is engaging with local stakeholders to better understand the…
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