Cross Border News


16 January 2018 - Najib, Lee open 2 Singapore projects
  1. More Khazanah and Temasek jointly developed Marina One and DUO, worth a total of RM33 billion
10 January 2018 - Johor Sultan invests in Sri Lanka
  1. More Investment in US$100m pharmaceutical zone in partnership with entrepreneur Patrick Lim
23 December 2017 - PNB eyes more foreign investments
  1. More Right time to expand portfolio as ringgit has reached comfortable level againts US dollar, says group CEO
20 December 2017 - Dialog Axiata is single-largest FDI source for Sri Lanka
  1. More Axiata Group Bhd, via subsidiary Dialog Axiata Plc, has invested more than US$2.2 billion (RM8.95 billion) in Sri Lanka over 20 years and is recognised as the single-largest foreign direct investment (FDI) source in the country
18 December 2017 - Malaysian firms told to venture into Kazakhstan
  1. More Central Asian country a good avenue for players to expand, says Matrade
16 December 2017 - MGB wants local firms to tap halal hub in Suining City
  1. More Metronic Global Bhd (MGB) is attracting local companies to penetrate the Chinese market through its halal hub in Suining City, Sichuan Province, China
16 December 2017 - JAKS exploring more opportunities overseas
  1. More Company aims to diversify into power generation projects to enhance profitability
16 December 2017 - EWI, Be Living ink London partnership
  1. More Parties to develop 12 sites in UK with an estimated GDV of £2.6b
13 December 2017 - KL Kepong to buy Dutch chemical company
  1. More RM187mil purchase to be funded by cash and bank borrowings
06 December 2017 - Petronas expanding Africa footprint with Engen-Vivo pact
  1. More Petronas will be expanding its footprint to nine new countries via its wholly owned South Africa unit Engen Holdings (Pty) Ltd
05 December 2017 - Serba Dinamik upbeat on Africa
  1. More Group sees growth potential in region, actively bidding for O&M and EPCC jobs
29 November 2017 - MAHB investing €100m in ISG expansion
  1. More Move set to boost passenger handling capacity of Turkey airport to 65 million in 2022
23 November 2017 - IJM clinches RM1.5b India highway job
  1. More Solapur-Bijapur tollway will be company's largest project in value
21 November 2017 - Prasarana eyes new Saudi Arabia job
  1. More Prasarana Malaysia Bhd hopes to add another project in Saudi Arabia into its international portfolio by the middle of next year
16 November 2017 - TNB, PLN plan power plant in Kalimantan
  1. More Tenaga Nasional Bhd (TNB) will build a 2x200 megawatt (MW) coal-fired power plant in Kalimantan with PT PLN (Persero), the Indonesian state owned utility company
06 November 2017 - CAB’s Indonesian venture to start
  1. More Poultry farming JV with Salim Group to begin in the first half next year
30 October 2017 - Kelington secures gas system, piping job in China worth RM65m
  1. More Kelington Group Bhd has secured a contract worth 102.62 million renminbi, equivalent to RM65.4 million, from Chengdu Construction Engineering Corporation to supply and install bulk gas system and distribution piping for an integrated circuit manufacturing systems project in Chengdu, China
26 October 2017 - Sumatec proceeds with plan to take full control of Kazakh O&G field
  1. More Sumatec Resources Bhd is proceeding with its plan to take full control of the Rakushechnoye oil and gas (O&G) field in Kazakhstan, four months after hinting it may drop the proposal
24 October 2017 - Malaysian firms to invest US$1.5b in China via first Belt & Road Property Development Forum
  1. More Malaysian companies are expected to invest at least US$1.5 billion (about RM6.35 billion) in China real estate via the ASEAN-China Economic and Trade Promotion Association's (ACETP) first Belt & Road Property Development Forum in China. The forum is expected to attract about 300 property companies from China and Asean countries
20 October 2017 - Ranhill lands 20-year Thailand water treatment concession worth RM19mil
  1. More Ranhill Holdings Bhd announced that it has secured a project worth 152.58 million baht, equivalent to RM19.33 million, to build, operate and transfer a water treatment plant at Rayong province in Thailand
11 October 2017 - Mega First secures US$150m funding
  1. More Mega First Corp Bhd (MFC), principally involved in power generation, quarry and property development, has secured US$150 million (RM634.87 million) in funding to part finance the construction of its Don Sahong hydropower projects in Laos
10 October 2017 - Serba Dinamik to set up joint-venture plant in Tanzania
  1. More Serba Dinamik Holdings Bhd will set up and operate a chlor-alkali plant in Tanzania in partnership with Junaco (T) Ltd (JTL)
10 October 2017 - KNM to partner with China-based firm for UK power plant Ben Shane Lim
  1. More More than three years in the making, KNM Group Bhd may finally be able to get its 18mw waste-to-energy power plant in Peterborough, the UK, off the ground
09 October 2017 - Serba Dinamik inks JV to set up chlor-alkali plant in Tanzania
  1. More Serba Dinamik Holdings Bhd is going to jointly set up and operate a chlorine skid mounted chlor-alkali plant in Tanzania, which marks its expansion into the African continent
09 October 2017 - Wealthy drawn to Thailand, Japan
  1. More Malaysian high net worth individuals branching out into more unconventional markets in search of returns
25 September 2017 - Petronas around the world
  1. More
19 September 2017 - Rubbing the halal lamp
  1. More Aladdin Street to tap into huge Chinese Muslim market
16 September 2017 - Khazanah: US$410m invested in US
  1. More Khazanah Nasional Bhd has made a total of 15 investments worth US$410 million (RM1.72b) in the United States, mainly in the technology sector
14 September 2017 - Datasonic draws plans to tap into African market
  1. More Datasonic Group Bhd has set plans to tap the African market, particularly Tanzania for the data and microchips segment
08 September 2017 - On expansion trail
  1. More Aspen Group president and CEO Datuk M. Murly with a scale model of the company’s project, Aspen Vision City. The company will look at opportunities to expand into other South-East Asia countries to increase its land bank for new projects
07 September 2017 - Khazanah eyes investment opportunities in Central Asia
  1. More Khazanah Nasional Bhd plans to widen investment activities beyond Turkey and is eyeing potential opportunities in Central Asia, a region it has no presence yet
30 August 2017 - Axiata close to Pakistan deal
  1. More Mobile operator to buy wireless towers for US$1bil
26 August 2017 - Bioalpha eyes expansion in China and Indonesia
  1. More It sees localisation as key to unlocking the potential of those markets
11 August 2017 - Petronas plans RM644mil investments in India
  1. More Petroliam Nasional Bhd (Petronas) is targeting to invest US$150mil (RM644mil) in India over the next five years to expand its presence in the country’s lubricant business
09 August 2017 - GCI inks deal for Jordan foray
  1. More Malaysian firm to implement solutions in over 540 healthcare facilities in the country
19 July 2017 - Creador affiliate invests RM180mil in India hospital chain
  1. More Commelina Ltd, an affiliate of Creador III LP, is investing RM180mil for a minority stake in a North Indian hospital chain Paras Healthcare Pvt Ltd.
19 July 2017 - Creador invests RM180m in Paras Healthcare in India
  1. More Commelina Ltd, an affiliate of Creador III LP, has invested RM180 million for a minority stake in a North Indian hospital chain, Paras Healthcare Pvt Ltd.
07 July 2017 - Get Apec card for smoother travel
  1. More It cuts red tape by giving frequent travellers pre-cleared entry to 19 countries
21 June 2017 - Axiata acquires Pakistani tower company for RM385m
  1. More Axiata Group Bhd, through its wholly-owned subsidiary edotco Pakistan Pvt Ltd, is buying a Pakistani tower company for US$90 million (RM385.4 million).
16 June 2017 - KNM’s Thai plant to start production next month
  1. More Process equipment manufacturer and energy firm KNM Group Bhd’s bioethanol plant in Thailand is expected to start its commercial production next month and is projected to contribute positively to the group’s top line, moving forward.
14 June 2017 - SP Setia ties up with Shangri-La Down Under
  1. More Malaysian developer to partner leading brand for RM480mil project
14 June 2017 - Local firms still keen on Indonesia
  1. More Country's US$1tril economy, large population and growing middle class a big draw, say minister
13 June 2017 - Luxchem to boost presence in Indonesia, Vietnam
  1. More With no plans for further expansion in the near future, industrial chemical supplier Luxchem Corp Bhd’s focus is on enhancing its presence in Indonesia and Vietnam and raising its operational efficiency.
04 May 2017 - Serba Dinamik wants to conduct feasibility study for RM3.2b plant in Bahrain Wong Ee Lin
  1. More Serba Dinamik Holdings Bhd plans to conduct a feasibility study for an integrated solid waste management and water desalination plant in Bahrain, which is estimated to cost BHD320 million (about RM3.2 billion).
02 May 2017 - Petronas expands China plant
  1. More Petroliam Nasional Bhd (Petronas) invested RMB600 million (RM384 million) to expand its lubricant-blending plant in Shandong, China to meet the market’s growing demand for the product.
27 April 2017 - Texchem to expand Sushi King operations into Indonesia Chester Tay
  1. More Texchem Resources Bhd is set to expand its Sushi King operations into Indonesia after receiving the green light from authorities there.
12 April 2017 - Huge potential in southern Thailand-Malaysia cross-border trade ZoomSharePrintListenTranslate
  1. More The cross-border trade between southern Thailand and Malaysia has the potential to grow about 400,000 20-ft equivalent unit (TEUs) of cargo per annum.
10 April 2017 - Obor lights the way to China
  1. More Association to help Malaysian businesses take advantage of One Belt One Road
30 March 2017 - Xin Hwa to expand B2B online push
  1. More Logistics services provider to leverage acquistion of Yiwougou Ecommerce to improve access in China
21 March 2017 - IJM indirect unit to invest in India highway concessionaire
  1. More IJM Corp Bhd has set up an indirect wholly-owned subsidiary, IJM Dewas (Mauritius) Ltd, as the vehicle to invest up to 74% in a highway concessionaire in India.
17 March 2017 - Tan Chong expands foothold in Myanmar, eyes 20% of new-car market
  1. More Tan Chong Motor Holdings Bhd is expanding its foothold in Myanmar by increasing its dealership network to 15 by 2020.
14 March 2017 - China-Malaysia Qinzhou Industrial Park attracts RM19.3bil investments
  1. More The China-Malaysia Qinzhou Industrial Park (CMQIP) here has so far confirmed over 50 industrial projects with a total investment value of close to 30 billion yuan (RM19.3bil).
08 March 2017 - Time dotCom acquires 49% stake in Thailand’s Symphony for RM280mil
  1. More Time dotCom Bhd has announced its strategic investment plan of 2.2 billion baht (RM280mil) for a shareholding of up to 49% in Symphony Communication Public Company Ltd.
07 March 2017 - Sumatec bets big on Kazakhstan expansion
  1. More AMID recovering crude oil prices, with Brent Crude trading about two-thirds higher in February compared with a year ago, the door has opened for ¬Sumatec Resources Bhd to pursue a major expansion plan that may see its annual turnover increase spectacularly.
07 March 2017 - IHH Healthcare sets up subsidiaries in Macedonia
  1. More IHH Healthcare Bhd's indirect 30%-owned Clinical Hospital Acibadem Sistina Skopje has established two subsidiaries in Macedonia to provide outpatient medical services.
23 February 2017 - Sumatec set to expand Kazakh facilities
  1. More Sumatec Resources Bhd is ready to embark on a three-year development plan to ramp up the production of its Rakushechnoye oil and gas field in Kazakhstan towards optimal production of about 2,000 barrels of crude oil per day.
16 February 2017 - Wah Seong buys German pipe coating firm for Nord Stream 2 work
  1. More Wah Seong Corp Bhd has acquired a German-based pipe coating firm, mutares Holding-16 AG, for €19.5 million (RM91.4 million), to gain access to the latter’s plant for pipe coating for the Nord Stream 2 Project in the Baltic Sea.
03 January 2017 - MCE Holdings to join forces with Sandhar to penetrate the India market
  1. More Automotive parts manufacturer MCE Holdings Bhd expects to further penetrate the India market through the signing of a memorandum of understanding (MoU) with India-based Sandhar Technologies Ltd.
21 August 2016 - Colombia seeks Malaysia as business, investor partner
  1. More Colombia is seeking Malaysia as a strong business and investor partner under the new macroeconomic and political landscape following a bilateral ceasefire agreement with a guerilla group.
23 July 2016 - Malaysia among top investors in Sri Lanka
  1. More US$2B Investments: Sectors include telecoms, oil and gas, infrastructure and automotive
16 May 2016 - Construction of Lotus plant in China may start end-2016
  1. More 10B YUAN PROJECT : Quanzhou picked as site as it offers well-established support facilities, local government assistance
16 May 2016 - Kilang SUV Lotus di China dibina akhir 2016
  1. More Kilang pembuatan bagi PROTON Holdings Bhd untuk mengeluarkan kenderaan utiliti sukan (SUV) jenama Lotus di Quanzhou, di tenggara wilayah Fujian, mungkin akan dibina akhir tahun ini.
25 April 2016 - Kim Hin’s Shanghai production boost
  1. More Ceramic tile maker to invest RM10mil in new factory line
22 April 2016 - IHH to buy two hospital groups in Bulgaria
  1. More It plans to create largest healthcare provider in the country
18 April 2016 - TAR&H opens KidZania Singapore
  1. More FIRST OVERSEA EXPANSION : Company targets 500,000 visitors annually
16 April 2016 - Pharmaniaga to break even in Indonesia
  1. More Company gets boost from government jobs
30 March 2016 - Pharmaniaga set to expand in Indonesia
  1. More Big opportunity : Untapped market of 20000 hospitals, pharmacies, drug stores
11 March 2016 - Ranhill to build treatment plant in China
  1. More Ranhill Holdings Bhd, a company with a focus on power and water, has executed a private-public partnership concession agreement to undertake a 10-million-litre-per-day wastewater treatment plant in Maoping Industrial Park in China.
10 March 2016 - Sona plans RM449m investment for Australian oil field
  1. More Special purpose acquisition company (SPAC) Sona Petroleum Bhd, which is in the process of acquiring the Stag Oilfeild offshore Western Australia, will spend as much as A$147 million (RM449 million) to develop the oil field.
03 March 2016 - Peluang pelaburan diluar negara jana ekonomi
  1. More Kepakaran Malaysia dalam sesuatu bidang perlu diperluas peringkat global
25 January 2016 - IHH makes foray into Myanmar
  1. More Its indirect unit is opening US $70 mil hospital in Yangon
16 January 2016 - Edotco labur RM880j sektor telekomunisai Mynmar
  1. More Anak syarikat Axiata rancabg bina 5000 menara pemancar
16 January 2016 - Expansion plans
  1. More Brahim’s eyes Mideast, China and Australia markets
14 January 2016 - Marrybrown labur RM 3.4 juta di Nepal
  1. More Pengendali restoran makanan segera jenama tempatan Marrybrown Sdn. Bhd. (Marrybrown) bakal menembusi pasaran baharu di peringkat antarabangsa dengan membuka cawangan pertamanya di kathmandu, Nepal bermula Mei Tahun ini.
05 January 2016 - Connect to invest RM 20mil in China
  1. More ConnectCounty Holdings Bhd (Connect) plans to invest close to RM20mil to expand its manufacturing capacity in China.
19 December 2015 - Daya Materials expanding in Vietnam
  1. More Group has formed tie-up in downstream and upstream chemicals, downstream services as well as offshore marine services
19 December 2015 - Power Root seeks stronger footing in the Middle East
  1. More A PRESENTLY subdued outlook of the resource-rich Middle Eastern region is not hindering some companies such as Power Root Bhd from bucking the trend there.
17 December 2015 - OCK inks pact with Telenor Myanmar
  1. More Telecommunications network solution provider OCK Group Bhd has signed a master services agreement with Telenor Myanmar Ltd to build up to 3000 telecommunications towers in Myanmar over a five-year period
15 December 2015 - TNB buying 30pc stake in Turkish utility firm
  1. More Tenaga Nasional Bhd (TNB) is buying a 30 per cent stake in Turkey's GAMA Enerji AS for US$243 million (RM1.06 billion) to gain a strategic foothold in the country's growing power market.
26 October 2015 - KL-based Sengenics opens US$11m facility in Brunei
  1. More KUALA LUMPUR (Oct 26): Kuala Lumpur-based Sengenics is opening a new DNA sequencing and microarray facility in Universiti Brunei Darussalam (UBD).In a statement today, the genomics and proteomics-based research and diagnostics company said the new facility was in response to the Brunei government's initiative to accelerate biotechnology related research and development (R&D) activities in the country.
22 October 2015 - Genting HK acquires Singapore’s iconic club brand Zouk
  1. More ​Hong Kong: Genting Hong Kong (Genting HK), a leading global leisure, entertainment and hospitality enterprise, has acquired Singapore’s iconic club brand, Zouk.
22 October 2015 - Expansion Down Under
  1. More UEM Sunrise wants to increase its landbank in Australian cities
16 October 2015 - IHH JV plans 350-bed hospital in Chengdu, China
  1. More IHH Healthcare Bhd is teaming up with Shanghai Broad Ocean Investments Co Ltd with plans to set up a 350bed tertiary hospital in Chengdu, China in a move to be a leading international healthcare provider in Greater China and Hong Kong.
15 October 2015 - FIC ceburi segmen hostel
  1. More Felda Investment Corporation (FIC), cabang pelaburan FELDA, terus melangkah kehadapan dengan mempelbagaikan aset pelaburannya melalui penyertaan buat julung kalinya dalam pasaran penginapan pelajar di London, dikenali sebagai Felda House Wembley.
13 October 2015 - Metrod buys 5-star Goa hotel for RM331mil
  1. More Company says buy does not mean it is exiting copper business
06 October 2015 - MSM expanding to UAE
  1. More MSM Malaysia Holdings Bhd is expanding its business into United Arab Emirates (UAE) with the opening of the MSM Trading International DMCC office.
21 September 2015 - LBS, Zhuhai Jiuzhou renew deal
  1. More LBS Bina Group Bhd and China's Zhuhai Jiuzhou Group Holdings Ltd has renewed their partnership to upgrade the Zhuhai International Circuit in China.
21 September 2015 - Leelaventure sells Goa hotel to Malaysian firm
  1. More India's Hotel Leelaventure Ltd has agreed to sell a hotel in Goa to a Malaysian company for 7.25 billion rupees (RM465.19 million) as the luxury hotels operator strives to cut its debt.
18 September 2015 - Malaysian firm biggest egg producer in China province
  1. More A Malaysian-based company has stamped its mark in the Guangxi Province, emerging as the biggest egg producer in the autonomous region in south central china.
16 September 2015 - Mega First gets hydropower concession in Laos
  1. More Power and quarry player Mega First Corp Bhd said an 80%-owned unit has secured a 25-year hydropower concession in Laos.
11 September 2015 - IOI buys oleo op of German firm
  1. More It is paying RM433mil for Cremer Oleo’s entire oleochemicals business IOI Corp Bhd is buying Cremer Oleo GmbH & Co KG entire’s oleochemicals business in Germany for 89.4 million euros (RM433.3mil) as it expands its value chain.
29 August 2015 - IHH kuasai Global Hospitals
  1. More IHH Healthcare Bhd (IHH) bakal menjadi peneraju pengendali penjagaan kesihatan swasta di India susulan pengambilalihan 73.4 peratus kepentingan ekuiti dalam Ravindranath GE Medical Associates Private Limited (Global Hospitals) berjumlah 12.84 billion rupee India (RM 819 juta).
06 August 2015 - Bigger IHH footprint in India?
  1. More KHAZANAH Nasional Bhd unit IHH Healthcare Bhd has reportedly bought a 74 percent stake in India's Global Hospitals Group for about RM 1.09 billion.
06 August 2015 - US$454.7m power plant job in Vietnam
  1. More JAKS Resources Bhd has bagged an engineering, procurement and construction (EPC) contract worth US$454.7 million (RM1.75 billion) for a power palnt in Vietnam.
06 August 2015 - UEM Sunrise buys Aussie office tower for A$58m
  1. More UEM Sunrise Bhd has acted swiftly to beat chinese investors in the purchase of a 21- storey office tower in Melbourne for A$58 million (RM161 million), said chief operating officer (commercial) Raymond Cheah.
31 July 2015 - PETRONAS Ketuai projek LNG di Kanada
  1. More Hubungan dua hala Malaysia-Kanada mencatat sejarah baru apabila parlimen British Columbia meluluskan projek penghantaran gas asli cecair (LNG) bernilai C$36 Billion (AS$27.72 billion) yang diterajui PETRONAS di Pantai Pasifik negara itu.
31 July 2015 - Canada LNG project expected to kick off in sept
  1. More The US$36 billion (RM137.16 billion) liquefied natural gas (LNG) project in Canada by a Malaysian-led consortium is finally expected to kick off in September after facing several roadblocks, according to British Columbia's Finance Minister Micheal de Jong.
23 July 2015 - Khairul Group perluas operasi ke Asia Barat
  1. More Khairul Group mengembangkan operasinya ke Asia Barat menerusi kerjasama dengan beberapa syarikat tempatan di Arab Saudi dalam sektor hartanah bernilai lebih 5 juta riyal (RM50.76 juta).
23 July 2015 - JAKS project back on track It’s upbeat about Viet power plant with new partner on board
  1. More After several false starts, JAKS Resources Bhd’s 1,200MW power plant project in Vietnam is back on track with a bigger joint-venture partner, China Power Engineering Consulting Group.
  1. More Lotus Group International Ltd (Lotus Group), syarikat milik penuh Proton Holdings Bhd (PROTON), merancang membina kilang bagi mengeluarkan kenderaan utiliti sukan (SUV) jenama lotus di Wilayah Fujian, China dalam tempoh dua hingga tiga tahun akan datang.


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Last Updated : Thursday 18th January 2018