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MREM Press Releases

Yayasan PETRONAS To Deliver More Impact, Focus To CSR Efforts

KUALA LUMPUR,  March 1 (Bernama) — PETRONAS today launched Yayasan PETRONAS, its Corporate Social Responsibility (CSR) arm, to deliver broader and deeper impact of its CSR activities across communities in Malaysia. The launch of Yayasan PETRONAS today was officiated by Malaysia’s Deputy Prime Minister YAB Dato’ Seri Dr Wan Azizah Wan

Malindo Air Connects Twin Tourism Cities

PETALING JAYA, March 1 (Bernama) — Malindo Air has commenced its inaugural flight between Langkawi and Malacca today. Flight OD1350 arrived at Langkawi International Airport at 3:45p.m. with a full load of 72 passengers onboard, received a warm welcome given water cannon salute,  followed by flower gallon and goodie bags giveaway

Direct flight links Haikou, Osaka

HAIKOU, China, March 1 (Bernama) — A direct air route was launched on Thursday morning between Haikou, capital of south China’s Hainan Province, and Osaka, Japan’s second-largest city. It is this year’s first international air flight from Haikou launched by Hainan Airlines, which has so far opened a number of international routes linking Haikou

Diversified Portfolio Boosts Hektar 2018 REIT Performance

KUALA LUMPUR, March 1 (Bernama) — Hektar Real Estate Investment Trust (“Hektar REIT”) announced its annual results for Financial Year 2018 (“FY18”) with revenue rising to RM135.1 million, up 7.6% higher compared to the same period in the preceding year, while Net Property Income (NPI) climbed to RM78.7 million, a 6.8%

Ministry Of Tourism, Arts And Culture Organises Visit Malaysia 2020 Campaign Logo Competition

PUTRAJAYA, March 1 (Bernama) —  In conjunction with Visit Malaysia 2020 (VM2020) campaign, the Ministry of Tourism, Arts and Culture is organizing a campaign logo competition. The 14-day competition from 11 to 24 March 2019 is open to all Malaysians aged 18 years and above. The winner of the competition will

​Sage Metals Acquires Jayco Manufacturing

NEW YORK, March 1 (Bernama-BUSINESS WIRE) — Sage Metals Private Limited (“Sage”), a portfolio company of Delos Capital (“Delos”) and a leading manufacturer of specialty metal products, has announced the acquisition of Jayco Manufacturing, LLC (“Jayco”). Based in Grand Prairie, TX, Jayco engages in the assembly, integration, and production of precision

​AM Best Affirms Credit Ratings Of Tugu Insurance Company Limited

HONG KONG, March 1 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Tugu Insurance Company Limited (TIC) (Hong Kong). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect TIC’s balance sheet strength, which AM

BIMB Holdings Berhad PBZT Surpassed RM1.0 Billion For FY2018

KUALA LUMPUR, Feb 28 (Bernama) — BIMB Holdings Berhad’s (“BHB”) earnings have hit a new high with Group Profit Before Zakat and Taxation (PBZT) at RM1.07 billion for the financial year ended 31 December 2018 (“FY2018”). Mohd Muazzam Mohamed, Chief Executive Officer of BHB said “We are very pleased to announce that the strong

Four Sabah Golf Courses in the World Spotlight from October 19-26

KOTA KINABALU, Feb 28 (Bernama) — This year’s World Amateur Golfers Championship (WAGC) will be played at four major golf courses in Sabah. They are Sutera Harbour Marina Golf & Country Club, Sabah Golf & Country Club, Nexus Golf Resort Karambunai and Dalit Bay Golf & Country Club. Golfers contesting in

Joint Press Statement 6th Ministerial Meeting Of Council Of Palm Oil Producing Countries

JAKARTA, Indonesia, Feb 28 (Bernama) — The Ministers responsible for the palm oil industry from Malaysia, Her Excellency Mdm. Teresa Kok, Minister of Primary Industries of Malaysia, and His Excellency Mr. Darmin Nasution, Coordinating Minister for Economic Affairs of the Republic of Indonesia co-chaired the 6th Ministerial Meeting of Council of