<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 7): OSK Holdings Bhd (KL:<a href="/askedge/klse/5053" class="ce-stock" target="_blank">OSK</a>) said it is acquiring a hire purchase financing company for RM16.5 million in cash, to expand into motorcycle financing.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing on Monday, OSK said the acquisition of Wilayah Credit Sdn Bhd, a wholly-owned unit of Platinum Moment Sdn Bhd, aligns with its objective to diversify its consumer financing portfolio.</p></div>

<div class=newsTextDataWrapInner><p>Upon completion of the acquisition, OSK will also sell three excluded real estate properties located in Kuala Lumpur back to Platinum Moment for RM12.6 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The deal is expected to conclude in the third quarter of 2025, the company said.</p></div>

<div class=newsTextDataWrapInner><p>Shares of OSK settled one sen or 0.81% lower at RM1.23 on Monday, valuing the company at RM3.87 billion. Year to date, the stock has risen by over 5%, after recovering from a significant drop in early April.</p></div>


OSK Holdings Bhd (KL:OSK) said it is acquiring a hire purchase financing company for RM16.5 million in cash, to expand into motorcycle financing.

OSK expands into motorcycle financing via RM16.5m acquisition

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The Malaysian Anti-Corruption Commission (MACC) has confirmed that it recorded the statement of former Felda chairman Tan Sri Mohd Isa Abdul Samad at Sungai Buloh Prison on Sept 17 to assist investigations into the Op Fella case.

OP Fella probe: MACC records Isa Samad’s statement

One clear sign of de-dollarization and the shift toward a multipolar monetary order is gold’s renewed prominence in global financial markets. Investors increasingly view the metal as a strategic asset; central banks are buying record amounts of it to bolster resilience against financial and geopo...

The Golden Bridge to Monetary Multipolarity: The Frontiers of Growth

Paramount Skydance Corp has been negotiating a settlement in recent weeks with California and other state attorneys general challenging its US$110 billion (RM449.21 billion) takeover of Warner Bros Discovery Inc, according to people familiar with the matter.

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Europe’s oil refiners are paying eyewatering premiums for cargoes, as the shutdown of Saudi Arabia’s East-West pipeline forces the region’s buyers to scramble for alternatives with fuel prices soaring.

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As of 9am on Saturday, 20 areas nationwide are recording unhealthy air pollutant index (API) readings.

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The US, Denmark and Greenland have entered into an agreement for the US to develop a significant military presence on Greenland, while prohibiting US adversaries from building their own bases on the island, Donald Trump said on Friday.

US and Denmark reach deal on Greenland, Trump says

Volkswagen AG slashed its profit forecast after a sharp contraction in China and a €6 billion (US$6.9 billion or RM28.11 billion) writedown tied to sports-car maker Porsche AG, deepening concerns about the strains facing the global auto industry.

VW slashes profit outlook after China sales slump and US$6.9 bil writedown

Google’s Gemini artificial intelligence (AI) model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string of breaches by AI agents that have alarmed security experts and developers of the technology alike.

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An index of global equity markets edged higher on Friday, as losses in Europe were partly offset by late gains on Wall Street, with markets ending a turbulent week marked by a global push by central banks to quell inflation.

Global shares edge higher as central banks double down on inflation fight

<p>The decision to grant a conditional pardon to former Prime Minister Datuk Seri Najib Tun Razak should not be regarded as a decision by Prime Minister Datuk Seri Anwar Ibrahim or Pakatan Harapan (PH), Parti Keadilan Rakyat (PKR) Wanita chief Datuk Seri Fadhlina Sidek said.&nbsp;</p>


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<p>As of 9am on Saturday, 20 areas nationwide are recording unhealthy air pollutant index (API) readings.</p>


<p>These days, the use of artificial intelligence (AI) is prevalent in all aspects of life, in various sectors of the economy and professions, and more so among white-collar workers.</p>


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<p>Google’s Gemini artificial intelligence (AI) model inadvertently hacked into three company systems in May during cybersecurity testing, adding to a string of breaches by AI agents that have alarmed security experts and developers of the technology alike.&nbsp;</p>


<p>The US, Denmark and Greenland have entered into an agreement for the US to develop a significant military presence on Greenland, while prohibiting US adversaries from building their own bases on the island, Donald Trump said on Friday.</p>


<p>Europe’s oil refiners are paying eyewatering premiums for cargoes, as the shutdown of Saudi Arabia’s East-West pipeline forces the region’s buyers to scramble for alternatives with fuel prices soaring.</p>


<p>Volkswagen AG slashed its profit forecast after a sharp contraction in China and a €6 billion (US$6.9 billion or RM28.11 billion) writedown tied to sports-car maker Porsche AG, deepening concerns about the strains facing the global auto industry.</p>


<p>The Malaysian Anti-Corruption Commission (MACC) has confirmed that it recorded the statement of former Felda chairman Tan Sri Mohd Isa Abdul Samad at Sungai Buloh Prison on Sept 17 to assist investigations into the Op Fella case.</p>


<p>Paramount Skydance Corp has been negotiating a settlement in recent weeks with California and other state attorneys general challenging its US$110 billion (RM449.21 billion) takeover of Warner Bros Discovery Inc, according to people familiar with the matter.</p>


<p>One clear sign of de-dollarization and the shift toward a multipolar monetary order is gold’s renewed prominence in global financial markets. Investors increasingly view the metal as a strategic asset; central banks are buying record amounts of it to bolster resilience against financial and geopo...