Latest

1d ago

Insight
Land sale holds key to YNH’s recovery

YNH Property Bhd's decision to defer RM34.4mil in coupon payments on its perpetual securities has put the spotlight firmly back on its balance sheet.
1d ago

Star Biz7
Data centres next door: At what cost?

In Section 51a of Petaling Jaya, minutes away from mature residential areas, stands an Australian-owned RM2.8bil data centre (DC) that was just switched on two months ago.
1d ago

Insight
The long climb to high income

Based on the latest data published by the World Bank using the Atlas method, Malaysia's 2025 gross national income (GNI) per capita reached US$12,380.
1d ago

Insight
Data centre missteps?

Is the decision by the government to roll out the red carpet for data centre projects one of its worst decisions involving foreign direct investment (FDI)?
1d ago

Short Position
The water sector’s long-awaited upcycle

After years of underinvestment, the local water sector may finally be entering a long-awaited investment cycle.
1d ago

SME
SMEs' strong 2025 performance reflects resilience amid global uncertainties

KUALA LUMPUR: The positive performance of Malaysian small and medium enterprises (SMEs) in 2025 demonstrated the incredible resilience and agility of businesses despite persistent global supply chain disruptions and shifting trade dynamics.
1d ago

Corporate News
Komarkcorp to sell Cheras factory for RM40mil

PETALING JAYA: Komarkcorp Bhd has proposed to dispose of its industrial property in Cheras, Selangor, for RM40mil as part of efforts to optimise asset utilisation, reduce property-related costs and strengthen its financial position.
1d ago

Corporate News
Bina Puri posts RM107.9mil loss on impairments, high financing costs

PETALING JAYA: Bina Puri Holdings Bhd posted a pretax loss of RM98.1mil and net loss of RM107.9mil largely attributable to impairment charges and high financing costs for its financial results for the extended 23‑month period ended May 31, 2026.
1d ago

Corporate News
F&N says price hikes only as last resort amid manageable cost pressures

PETALING JAYA: Fraser & Neave Holdings Bhd (F&N) said any price adjustments to its products would only be implemented gradually as a last resort after taking into account market conditions and household affordability.
1d ago

Corporate News
Oxford Innotech secures RM8.8mil semiconductor orders

PETALING JAYA: Oxford Innotech Bhd (OXB) has secured purchase orders worth a combined RM8.8 million to supply precision engineering components for mass flow controllers used in the semiconductor industry.
1d ago

Corporate News
Kumpulan Jetson uncovers governance lapses in forensic review, weighs legal action

PETALING JAYA: Kumpulan Jetson Bhd has uncovered governance and internal control lapses following an independent forensic review into disputed payment transactions and the implementation of its employees' share option scheme (ESOS).
1d ago

Corporate News
E&O, Majestic Gen to acquire prime Jalan Kia Peng site for high-rise homes

PETALING JAYA: Eastern & Oriental Bhd (E&O) and Majestic Gen Sdn Bhd have proposed acquiring a prime freehold site in Kuala Lumpur for a high-rise residential development, reinforcing their confidence in the city's premium residential market.
1d ago

Forex
Ringgit ends week marginally higher against US dollar

KUALA LUMPUR: The ringgit ended the week marginally higher against the US dollar following weaker-than-expected US economic data, although sentiment towards the greenback remained firm, as expectations of a Federal Reserve (Fed) interest rate hike in September stayed intact.
1d ago

Corporate News
Genting Plantations raises RM200mil via first sukuk issuance

PETALING JAYA: Genting Plantations Bhd's (GENP) wholly-owned subsidiary, Genting Property Sdn Bhd, through Bina Restu Bhd, has successfully raised RM200mil via Islamic medium-term notes (Sukuk Murabahah).
1d ago

Corporate News
WCT to acquire remaining 30% stake in Jelas Puri for RM140mil

KUALA LUMPUR: WCT Holdings Bhd will acquire the remaining 30% equity interest in Jelas Puri Sdn Bhd (JPSB) from the Employees Provident Fund (EPF) for RM140mil, making the property investment and development company a wholly owned indirect subsidiary.
1d ago

Corporate News
Duopharma units secure extension for Health Ministry supply contracts

PETALING JAYA: Duopharma Biotech Bhd wholly-owned subsidiaries — Duopharma (M) Sdn Bhd (DMSB), Duopharma Manufacturing (Bangi) Sdn Bhd (DMfgB) and Duopharma HAPI Sdn Bhd, have received notices of extension from Pharmaniaga Logistics Sdn Bhd regarding their supply agreements with the Ministry of Health Malaysia under the Approved Products Purchase List.
1d ago

Corporate News
SCIB bags RM11.9mil UMS air-conditioning upgrade contract

KUALA LUMPUR: Sarawak Consolidated Industries Bhd's (SCIB) wholly owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), has secured an engineering, procurement, construction and commissioning (EPCC) sub-contract worth about RM11.9mil for upgrading works at Universiti Malaysia Sabah (UMS).
1d ago

Corporate News
MISC secures 10-year LNG shipping contract from Malaysia LNG

KUALA LUMPUR: MISC Bhd has secured a 10-year contract from Malaysia LNG Sdn Bhd (MLNG) to provide long-term liquefied natural gas (LNG) shipping services using a newbuild 18,700-cubic metre LNG carrier.
1d ago

Investment
Public Mutual declares over RM88mil in distributions for seven funds

KUALA LUMPUR: Public Mutual Bhd has declared distributions totalling more than RM88mil for seven funds for the financial year ended July 31, 2026.
1d ago

Markets
Bursa Malaysia extends gains for third straight session on tech rally

KUALA LUMPUR: Bursa Malaysia extended its gains for a third consecutive session on Friday, lifted by strong buying in technology and semiconductor stocks amid a broad-based rally across regional markets.