The Edge

KUALA LUMPUR (Nov 14): Malaysian manufacturers should take the ongoing Microsoft services disruption as a reminder to strengthen their digital resilience, said the Federation of Malaysian Manufacturing (FMM). FMM president Jacob Lee Chor Kok said the disruption serves as a timely reminder as manufacturers accelerate their digital transformation, i

KUALA LUMPUR (Nov 13): Heitech Padu Bhd (KL:HTPADU) said it is exploring potential opportunities to participate in Myanmar’s Yadanapon Cyber City project. The company said the proposed project presents an opportunity for it to explore the application of its technology capabilities in areas such as digital infrastructure, systems integration and go

KUALA LUMPUR (Nov 13): Bersih chairman Muhammad Faisal Abdul Aziz, in an appeal to the Yang di-Pertuan Agong and the Malay rulers on Friday, said consideration of a royal pardon for Datuk Seri Najib Razak should have been deferred until the conclusion of his outstanding court proceedings. In a letter titled Risalah Al-Muluk (Letter to the Rulers),

KUALA LUMPUR (Nov 13): Here is a brief recap of some business news and corporate announcements that made headlines on Friday: Zetrix AI Bhd (KL:ZETRIX) admitted that it is unable to repay the entire RM2 billion outstanding under its sukuk programme and has proposed amendments to the covenants governing the Islamic debt papers, although discussions

（吉隆坡13日讯）Alam Maritim Resources Bhd（KL:ALAM）与一家新加坡公司合作，在东南亚和印度次大陆开展海上运输和安装项目。 该集团的子公司Subsea Worldwide Solutions私人有限公司（SWS）将持有联营公司的70%股权，而新加坡公司Trident Oceanus Pte Ltd将持有剩余的30%股权。 这家离岸服务供应商表示，联营公司的初始实缴资本为1万令吉，其中SWS认购7000令吉，Trident认购3000令吉，具体数额以最终的公司章程和认购文件为准。

KUALA LUMPUR (Nov 13): Magma Group Bhd (KL:MAGMA) has scrapped its plan to acquire the LUMA Hotel in Kota Kinabalu for RM60.9 million in a cash-and-shares deal. The company said its unit, Magma Avenue Sdn Bhd, and the vendors have decided not to proceed with the heads of agreement inked for the deal involving the hotel business and four contiguous

KUALA LUMPUR (Nov 13): Bird's nest company MyMBN Bhd (KL:MBN) has proposed a bonus issue of up to 193 million warrants, alongside an employees’ share option scheme (ESOS). The warrants issue will see one bonus warrant issued for every two existing shares held, and will carry an exercise price of 19 sen, said the company in a bourse filing on Frida

KUALA LUMPUR (Nov 13): Financially troubled Zetrix AI Bhd (KL:ZETRIX) on Friday admitted that it is currently unable to repay the entire RM2 billion outstanding under its sukuk programme. The company also said that the suspension of its services as a collection agent for the Road Transport Department (JPJ) is expected to reduce its revenue by about