Latest

1d 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.
1d 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".
1d 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.
1d 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.
1d 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).
1d 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.
1d ago

Forex
Ringgit slips against greenback on profit-taking ahead of US economic data release

KUALA LUMPUR: The ringgit ended lower against the American dollar on Tuesday on profit-taking ahead of the release of US economic data later today and toward the end of the working week.
1d ago

Banking
MBSB posts 35% growth in 1H25 net profit to RM180mil

KUALA LUMPUR: MBSB Bhd reported a 35.3% rise in net profit to RM180.2mil for the first half ended June 30, 2025, compared with RM133.2mil a year earlier.
1d ago

Corporate News
Ta Ann records higher 2Q25 net profit

PETALING JAYA: 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.
1d ago

Corporate News
Mohd Zamree to step down as CGC CEO, Nazri to take over Jan 2026

KUCHING: Credit Guarantee Corporation Malaysia Bhd (CGC) president and chief executive officer (PCEO) Datuk Mohd Zamree Mohd Ishak will step down on Dec 31.
1d ago

Markets
Bursa Malaysia publicly reprimands, fines and strikes off dealer's rep

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded, fined and ordered to strike off a commissioned dealer's representative (CDR) for various misconducts.
1d ago

Corporate News
Reach Ten posts 32% rise in 2Q profit

KUALA LUMPUR: Reach Ten Holdings Bhd is venturing into the maritime and oil and gas (O&G) sectors, where its Starlink satellite services are set to meet rising demand for reliable, wide-coverage connectivity.
1d ago

Corporate News
MKHOP acquires Indonesian greenfield estate PT Tunas Tani for RM9.1mil

PETALING JAYA: 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.
1d ago

Corporate News
WCT 1H25 profit falls 42%, revenue tops RM1bil

KUALA LUMPUR: WCT Holdings Bhd expects the engineering and construction sector to remain challenging but is hopeful about the rollout of larger projects in Malaysia in the near future.
1d ago

Corporate News
Innature acquires The Body Shop Singapore for RM10.4mil

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