Latest

19h ago

Corporate News
Jati Tinggi unit bags RM47mil deal

Jati Tinggi Holding Sdn Bhd, a full subsidiary of Jati Tinggi Group Bhd (JTGB), has secured a contract with YM Teras Sdn Bhd (YMTSB) for the installation, testing and commissioning of 11 kilovolts of underground cable works.
19h ago

Corporate News
Public Bank 2Q revenue at record RM7.35bil high

Public Bank Bhd reported its strongest quarterly operating revenue, yet its second-quarter net profit dipped due to the effect of lower non-taxable income.
19h ago

Corporate News
Softer sales volumes forecast for PetDag in 2H

Despite weaker second-quarter results, PETRONAS Dagangan Bhd's (PetDag) results for the first half of this year (1H25) are still within market expectations, although analysts caution about soft sales volumes ahead.
19h ago

Corporate News
PetGas holds steady outlook despite higher costs

Petronas Gas Bhd's (PetGas) performance is still impacted from the Putra Heights incident, in addition to the review of the sales and services Tax, Regulatory Period 4 electricity tariff, trade policies, and geopolitical risks that remain as near-term downside risks to growth.
19h ago

Corporate News
Nestle’s Sri Muda plant aims to boost Asean growth

Nestle Malaysia Bhd's Sri Muda factory in Shah Alam will serve as the central manufacturing hub for ready-to-drink ultra-heat-treated and recycled polyethylene terephthalate (rPET) products in Asean, with the aim to create high-quality and innovative products to meet the surging demand for cold coffee across Asia.
19h ago

Corporate News
Ta Ann’s 2Q25 net profit rises 11% y-o-y

Ta Ann Holdings Bhd's net profit for the second quarter ended June 30, 2025 (2Q25) rose 11% year-on-year (y-o-y) to RM54.27mil or earnings per share of 12.32 sen. Revenue grew by 18% y-o-y to RM432.61mil.
19h ago

Corporate News
Innature buys The Body Shop Singapore

Innature Bhd is acquiring the entire shareholding in The Body Shop Singapore Pte Ltd from The Body Shop International Ltd (TBSI) for RM10.4mil.
19h ago

Corporate News
West River wins RM17mil apartment contract

West River Bhd has accepted a letter of award from Goodwood Builders Sdn Bhd to conduct electrical low voltage, extra low voltage and lighting services for the proposed development of two blocks of 44-storey suite apartments worth RM16.66mil.
19h ago

Corporate News
MKHOP acquires Indonesia firm

MKH Oil Palm (East Kalimantan) Bhd (MKHOP) is acquiring a 100% stake in Indonesian oil palm plantation company PT Tunas Tani Tutus for RM9.1mil.
19h ago

Corporate News
IGB quarterly net profit at RM75mil

IGB Bhd says the retail and commercial property market will remain challenging, affected by rising utility tariffs, increased wages, the expansion of the sales and service tax and market oversupply.
19h ago

Corporate News
IOIPG confident of diverse product offerings

IOI Properties Group Bhd's (IOIPG) net profit for the fourth quarter ending June 30, 2025 (4Q25) plunged by 47% year-on-year (y-o-y) due to lower fair value gains from investment properties and higher interest expense following the commencement of operations of IOI Central Boulevard Towers.
19h ago

Corporate News
TH Plantations fires chief executive officer

TH Plantations Bhd has removed its chief executive Mohamed Zainurin Mohamed Zain effective yesterday, over what it deemed as "misconduct".
19h ago

Corporate News
Maybank points to lower group loans growth

Malayan Banking Bhd (Maybank) is anticipating a slight compression in net interest margins (NIMs) for the rest of the year, mainly weighed by its Singapore and Indonesian segments.
19h ago

Corporate News
AirAsia X reports fewer passengers in 2Q

AirAsia X Bhd flew fewer passengers in the second quarter of this year (2Q25) even as average passenger fares dropped by 26% or RM145 quarter-on-quarter (q-o-q).
19h ago

Corporate News
Gamuda’s solar ventures to generate recurring income

Gamuda Bhd's utility businesses will churn out recurring income streams that its toll road concession business used to provide before its sale in 2022.
1d ago

Corporate News
AirAsia X net profit soars to RM35.22mil in 2Q

KUALA LUMPUR: AirAsia X Bhd's (AAX) net profit jumped to RM35.22 million in the second quarter ended June 30, 2025 (2Q 2025), compared to RM4.82 million in the same period a year ago.
1d ago

Corporate News
TH Plantations terminates CEO over misconduct

KUALA LUMPUR: TH Plantations Bhd has removed its chief executive officer, Mohamed Zainurin Mohamed Zain, 58, from his position effective Aug 26, 2025, citing misconduct.
1d ago

Corporate News
West River wins RM16.66mil apartment job

PETALING JAYA: West River Bhd has accepted a letter of award from Goodwood Builders Sdn Bhd to conduct electrical low voltage, extra low voltage and lighting services for the proposed development of two blocks of 44-storey suite apartments worth RM16.66mil.
1d ago

Corporate News
IOI Properties reports RM1.06bil profit for FY25

PETALING JAYA: IOI Properties Group Bhd's (IOIPG) net profit for the fourth quarter ending June 30, 2025 (4Q25) plunged by 47% year-on-year (y-o-y) due to lower fair value gains from investment properties and higher interest expense following the commencement of operations of IOI Central Boulevard Towers.
1d ago

Telcos
CelcomDigi invests RM4.6bil capex as at 1H25 post-merger, says CEO

SUBANG JAYA: CelcomDigi Bhd has invested a total of RM4.6 billion capital expenditure (capex) out of its RM10 billion investment commitment during the first five years post-merger as at the first half (1H) of this year, said chief executive officer Datuk Idham Nawawi.