<div class=newsTextDataWrapInner>SINGAPORE (Jan 17): Kim Heng Ltd’s wholly owned subsidiary Kim Heng Agency has entered into a joint venture (JV) agreement on Wednesday with RUHM Holdings Sdn Bhd and Wardatul Wahdah Ahmad Nokman to subscribe for shares in a joint venture (JV) company.</div>

<div class=newsTextDataWrapInner>Kim Heng Agency has subscribed to 49% of the RM100,000 (S$28,378) issued and paid-up capital of the Malaysia-incorporated JV company, Mazu Offshore Sdn Bhd, with RUHM and Wardatul Wahdah subscribing to 31% and 20% respectively.</div>

<div class=newsTextDataWrapInner>The investment in the JV company is expected to enhance Kim Heng’s business potential in Malaysia and represents a further<a href="https://www.theedgesingapore.com/news/company-news/kim-heng-enters-joint-venture-agreement-malaysia-rm49000-investment" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (Jan 17): Kim Heng Ltd’s wholly owned subsidiary Kim Heng Agency has entered into a joint venture (JV) agreement on Wednesday with RUHM Holdings Sdn Bhd and Wardatul Wahdah Ahmad Nokman to subscribe for shares in a joint venture (JV) company.

Kim Heng enters JV agreement in Malaysia with RM49,000 investment

KUALA LUMPUR (Nov 14): Shares of Johor Plantations Group Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.

Johor Plantations’ shares rebound, analysts scramble to raise estimates after strong 3Q

KUALA LUMPUR (Nov 14): The Cabinet has agreed in principle for the National Security Council and the Prime Minister’s Department to coordinate the drafting of the National Security Bill.

Cabinet agrees in principle for council, PM’s Dept to coordinate drafting of National Security Bill — deputy min

(NOV 14): Bumi Armada Bhd (KL:ARMADA) said on Thursday that it has signed a non-binding agreement to explore a potential merger with state-owned MISC Bhd (KL:MISC).

Under the Memorandum of Understanding signed, the parties will have nine months to conduct due diligence and sign a defini...

Bumi Armada signs non-binding pact to explore merger with MISC

(Nov 14): Donald Trump’s return to power has raised the chances of another trade war between the US and China, making Beijing’s potential negotiators some of the most important people in Xi Jinping’s government.

Here’s a look at the key figures who could be sitting at the table if trade...

Xi’s key players to lead China in another Trump trade fight

Malaysia is sending a protest note to the Philippines regarding its two new maritime laws that infringe on Sabah’s maritime boundaries, said Deputy Foreign Minister Datuk Mohamad Alamin.

Malaysia protests new Philippine laws that infringe on Sabah's maritime boundaries

Taiwan's Foxconn expects robust growth in its artificial intelligence server business next year and will increase investment in several countries amid mounting trade tensions between the US and China, it said on Thursday.

Foxconn sees robust AI server demand, delays EV target

JPMorgan Asset Management’s David Kelly said President-elect Donald Trump’s aggressive tariff plans would likely slow the global economy and put upward pressure on US inflation, flagging risks that have largely been overshadowed during the stock market’s post-election rally.​​​​

JPMorgan’s Kelly says Trump tariffs to hit growth, fan inflation

Several international airlines have resumed flights to and from Indonesia's resort island of Bali, an official said on Thursday, after multiple eruptions of the Mount Lewotobi Laki-laki volcano belched ash up to 10km into the air.

Some Bali flights resume after Mount Lewotobi Laki-laki volcano eruptions

President-elect Donald Trump returned to Washington on Wednesday for the first time since winning last week's election to meet fellow Republicans in Congress and President Joe Biden at the White House.

Trump returns to Washington to meet Biden, Republicans in Congress

LVMH has moved its veteran finance chief to lead wine and spirits business Moet Hennessy and brought in Alexandre Arnault, a son of the luxury group's billionaire owner, to work with him as it strives to turn round the underperforming unit.

LVMH names Arnault heir, veteran CFO to lead Moet Hennessy

KUALA LUMPUR (Nov 14): Shares of Johor Plantations Group Bhd (KL:JPG) rebounded on Thursday, as stronger-than-expected results lifted investors’ mood, while analysts anticipate further improvements with rising palm oil prices.

KUALA LUMPUR (Nov 13): The government is allocating RM7.063 billion as a capital injection to finance the financial commitments of the companies of the Minister of Finance Incorporated (MOF Inc), said Finance Minister II Datuk Seri Amir Hamzah Azizan on Wednesday.

Govt allocates RM7.06b capital injection to finance firms under MOF Inc

South Dakota Senator John Thune, a longtime deputy of Mitch McConnell and an advocate of free trade, won election to lead the Republican Senate majority next year, setting up potential conflicts with President-elect Donald Trump over tariffs and Ukraine aid.

Senate GOP elects Thune as leader, rejecting Musk’s pick

LIMA, Peru (Nov 13): Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim on Wednesday stressed the importance of strengthening ties with the Global South, highlighting the vast untapped potential and emerging opportunities in this region.

“It’s crucial to shift course slightly and enhanc...

Anwar launches Yinson’s solar park in Peru, calls for robust collab to tap new Global South potentials

The Thai baht is poised to become one of the most vulnerable emerging market Asian currencies as Donald Trump returns to the White House, given the country’s heavy reliance on trade.

Thai baht most vulnerable in emerging Asia to Trump second term

AS the sixth largest of Malaysia’s eight domestic banking groups in terms of assets, AMMB Holdings Bhd (AmBank Group) (KL:AMBANK) is considered a mid-sized lender.

Its relatively smaller size, and the fact that there is often talk that its key shareholder — founder Tan Sri Azman Hashim ...

Cover Story: Analysts not ruling out possibility of M&A at AmBank 

Shares of VSTECS Bhd (KL:VSTECS) rose on Thursday after the electronics products distributor reported a surge in quarterly net profit on the back of record-high revenue.

VSTECS shares rally 13% after surge in profit, record revenue

In a landmark decision, the High Court on Thursday ruled that developers who deliver vacant possession of a property without allowing the owners to occupy it is against public policy and goes against the purpose of the vacant possession.

Delivery of vacant possession without occupancy rights is against public policy, court rules

KUALA LUMPUR (Nov 14): Shares of Swift Haulage Bhd (KL:SWIFT) fell to their 13-month low on Thursday, after the logistics firm reported weaker-than-expected results.

Swift Haulage shares fall to 13-month low after weaker than expected results

MISC Bhd (KL:MISC) said on Thursday its net profit fell in the third quarter, dragged by lower charter rates for its natural gas carriers and higher vessel operating costs, as it flagged a tough outlook for its key business.

MISC 3Q net profit falls 21%, flags tough LNG shipping outlook

Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.

Trump wins Republican trifecta as GOP retains house majority

KUALA LUMPUR (Nov 14): The Ministry of Finance (MOF) said on Thursday sovereign wealth fund Khazanah Nasional Bhd will continue to fund start-ups despite&nbsp;losses from its investment&nbsp;in&nbsp;e-commerce platform FashionValet Sdn Bhd.&nbsp;

MOF: Khazanah to continue investing in start-ups despite FashionValet misadventure

LIMA, Peru (Nov 13): Malaysia hopes to contribute to the infrastructure development in Chancay Port, located around 80km north of Peru’s capital&nbsp;Lima, Prime Minister&nbsp;Datuk Seri Anwar Ibrahim said on Wednesday.

Anwar: Malaysia hopes to contribute to infrastructure development in Peru’s new Chancay Port 

Canadian Deputy Prime Minister Chrystia Freeland said American concerns about Mexico’s trade policy not being in line with its North American allies on China are “legitimate,” and she shares them.

Canada agrees with US concerns about Mexico’s trade with China

US President-elect Donald Trump chose loyalists with little experience for several key cabinet positions on Wednesday, stunning some allies and making clear that he is serious about reshaping - and in some cases testing - America's institutions.

Trump taps loyalists with few qualifications for top jobs

China’s economy likely gained momentum last month, with&nbsp;early indicators&nbsp;pointing to a rebound after the government began rolling out stimulus measures in late September.

China’s economy forecast to show modest pick-up after stimulus

Ice cream brand Ben &amp; Jerry's said in a lawsuit filed Wednesday that parent company Unilever has silenced its attempts to express support for Palestinian refugees, and threatened to dismantle its board and sue its members over the issue.

Ben & Jerry's says parent Unilever silenced it over Gaza stance

New solicitors will represent Muhammed Yusoff Rawther in his sexual assault suit against Prime Minister Datuk Seri Anwar Ibrahim.

New solicitors for Anwar's ex-aide Yusoff Rawther, who is suing PM for sexual assault

The chief executive officer (CEO) of Encorp Berhad (KL:ENCORP), Hazurin Harun, 54, was charged in the Sessions Court on Thursday with two counts of criminal breach of trust (CBT) involving RM1.05 million last year.

Encorp CEO slapped with CBT charges involving RM1.05m

Asian currencies extended losses on Thursday, pressured by the greenback surging to a one-year high on momentum triggered by Donald Trump's election victory while emerging market stocks traded lower on an uncertain economic outlook.