Latest
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Corporate News
Pantech’s 1Q profit jumps 58% to RM17.2mil
Pantech Group Holdings Bhd is optimistic of its performance for the current financial year, supported by resilient export markets and sustained economic activity, despite ongoing macroeconomic uncertainties.
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Corporate News
Uptrend forecast for Powerwell’s FY27 earnings
Powerwell Holdings Bhd's core net profit is estimated to nearly double year-on-year in financial year 2027 (FY27), driven by expanded manufacturing capacity, doubled output in its Indonesian facility, strengthening execution and Malaysia's data centre (DC) pipeline.
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Corporate News
UUE Holdings 1Q earnings surge fourfold to RM9mil
UUE Holdings Bhd's net profit more than quadrupled to RM9.04mil in the first quarter ended May 31, 2026, from RM1.69mil a year earlier, as revenue rose 88.8% to a record RM61.2mil.
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Corporate News
Sunway Healthcare on the right track
Sunway Healthcare Holdings Bhd's planned acquisition of nearly 10 acres of freehold land in Johor is a positive strategic move that will strengthen its long-term expansion plans.
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Corporate News
Econpile on track to match FY26 orders with job win
Econpile Holdings Bhd's first contract win for its financial year ending June 30, 2027 (FY27) has strengthened confidence that the piling specialist can match last year's order book replenishment.
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Business
Positive outlook for healthcare sector on soft-landing mechanism
The healthcare sector continues to demonstrate resilience, despite global challenges.
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Corporate News
One Glove auditor flags material uncertainty
One Glove Group Bhd's external auditor has issued an unqualified audit opinion with a material uncertainty related to the group's ability to continue as a going concern for the financial year ended March 31, 2026.
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Corporate News
TNG eWallet supports JPA pension payment channel
TNG Digital Sdn Bhd is supporting the Public Service Department's (JPA) financial inclusion initiative by providing eligible pensioners with an alternative channel to receive their monthly pension payments through TNG eWallet.
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Business
BAT Malaysia posts lower profit in 2Q26
British American Tobacco (Malaysia) Bhd (BAT Malaysia) has posted a lower net profit of RM10.64mil for the second quarter ended June 30, 2026 (2Q26), compared with RM50.95mil in the previous corresponding period.
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Corporate News
PSP Energy expands market reach via Sinopec
PSP Energy Bhd, via its wholly-owned subsidiary, PSP Lubricants (M) Sdn Bhd (PSP Lubricants) has been appointed as an authorised distributor of Sinopec Lubricant Co Ltd for Perak as well as Kelantan, Terengganu and Pahang.
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Corporate News
Axis-REIT 2H net trust income rises 4%
Axis real estate investment trust's (Axis-REIT) has entered into a sale and purchase agreement with WH Union Development Sdn Bhd to acquire a fully occupied industrial complex located in Kawasan Industri Padang Meha, Kedah, for RM113mil in cash.
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Markets
Financial market overhaul unveiled
Vietnam aims to expand its bond market to the equivalent of around 60% of gross domestic product (GDP) by 2045 and position the capital market as a key source of medium and long-term financing for the economy, under a recently approved sweeping financial market reform plan.
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Corporate News
MMM Group in going concern uncertainty
MMM Group Bhd's independent auditor, Messrs PKF PLT, has highlighted a material uncertainty related to the group's ability to continue as a going concern in its audit report for the financial year ended March 31, 2026.
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Corporate News
Dataprep divests 60% stake in DPS
Dataprep Holdings Bhd (DHB) is disposing of its 60% stake in Dataprep Payments Solutions Sdn Bhd (DPS) to Ng Chee Chau for RM3mil cash.
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Markets
Bursa closes at intraday high
Bursa Malaysia's key index closed at an intraday high yesterday, supported by continued buying interest even as renewed geopolitical tensions and a weaker overnight lead from Wall Street following the US Federal Reserve's (Fed) decision to stand pat on interest rates weighed on broader sentiment.
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Corporate News
IOIPG to benefit from multiple growth drivers
IOI Properties Group Bhd (IOIPG) is poised for a strong finish to its financial year ending June 2026 (FY26), underpinned by robust property sales, accelerating industrial land monetisation and an expanding recurring income base.
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Corporate News
Vitrox 2Q profit hits RM85mil
Vitrox Corp Bhd anticipates a favourable business environment heading into the second half of financial year 2026, supported by continued investments in artificial intelligence (AI) and data centre infrastructure.
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Corporate News
YTL-REIT FY26 profit jumps to RM241mil
YTL Hospitality real estate investment trust (YTL-REIT) expects the hospitality sector to remain stable in the regions in which it operates, supported by sustained growth in domestic and international travel demands.
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Corporate News
Optimistic view on Nestle
Nestle (Malaysia) Bhd is expected to sustain its earnings recovery this year, although analysts believe growth will moderate in the second half of financial year 2026 (2H26) following an exceptionally strong first-half performance.
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Corporate News
Perdana Petroleum wins AWB contract
Perdana Petroleum Bhd's wholly-owned subsidiary, Perdana Nautika Sdn Bhd (PNSB), has secured a contract from Keyfield Serenity Sdn Bhd to charter an accommodation work barge (AWB).
