The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
Tags: Malaysia
VMMEA opens shop in Malaysia
Virgin Mobile Middle East and Africa had introduced new telecom services in Malaysia. Virtual telecommunication services in Malaysia was recently launched by Virgin Mobile Middle East & Africa in partnership with the Southeast Asian countries fourth largest telecoms operator U Mobile.
RHB Bank to appoint Khairussaleh Ramli as deputy CEO- sources
Sources told Reuters that RHB Bank of Malaysia would poach Maybank's Indonesian unit head Khairussaleh Ramli and appoint him as RHB's new Deputy CEO.
Sources reveal SocGen plan to launch USD 300 million Islamic bond program in Malaysia
Sources revealed that France-based Societe Generale would be issuing a USD 300 million Islamic bond program in Malaysia.
Malaysia to expand its spying power amidst uproar on NSA surveillance
Malaysian Minister Paul Low said that the government would soon utilize phone tapping and employ internet monitoring devices to eradicate corporate and government corruption.
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During Huawei's product launch in Kuala Lumpur, the company stated that they are fighting to enter the top three in Malaysia's smartphone market.
Malaysia's Ranhill Energy and Resources is set to return the US $234 million funds it was able to raise following the IPO's cancellation.
Facebook faced two major mobile ad challenges. Undoubtedly, Facebook's mobile ad business has grown. Facebook ads are paid advertisements that are "relevant and interesting" to a user.
PetroSA was said to be considering the possibility of buying Petronas' controlling stake in Engen.
Malaysia's Boustead planned to make its plantation REIT private and offer an IPO. Malaysian company Boustead Holdings Bhd stated that it would be making private its US$190-million plantation REIT.
Embassy Group sells stake in overseas joint venture back to MK Land Holdings. Real Estate developer Embassy Group, just one of India's top three commerical space constructors, had exited an international joint venture with Malaysia's MK Land Holdings Berhad.
ACE launched ACE elite II public offering of securities insurance. The ACE Group of Companies announced the launch of ACE elite II Public Offering of Securities Insurance (POSI).
UMW Oil & Gas Bhd IPO at MYR3 per share. UMW Oil & Gas Bhd, a unit of the Malaysian conglomerate UMW Holdings Bhd, was reported to set its minimum indicative price for IPO at MYR3 per share.
1Malaysia Development Bhd acquired a local power plant for US$380 million. 1Malaysia Development Bhd (1MDB), a state-owned company, announced that it would pay an estimated US$380 million for the acquisition of a local coal power plant.
