| LATEST NEWS | At 6 pm, the ringgit rose to 4.0650/0690 versus the US dollar from Wednesday’s close of 4.0670/0715. | MPRC should lead the OGSE sector by building industry capacity, expanding market access and turning overseas opportunities into business outcomes — Akmal Nasrullah | Malaysia and Turkmenistan expected to sign a long-term hydrocarbon cooperation agreement on June 19 as part of efforts to strengthen the energy supply chain -- Akmal Nasrullah | Global supply crisis: Govt strengthening buffer stocks, to accelerate access to critical medicines if needed - Akmal Nasrullah | Global supply crisis: Labour forces rises to 17.33 million people, participation rate remains strong at 70.9 pct in April - Akmal Nasrullah | |
KUALA LUMPUR, May 28 (Bernama) -- Mudajaya Group Bhd’s indirect wholly owned subsidiary, Xelmont Ltd, is disposing of its 45 per cent equity interest in Real Jade Ltd to Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million).
KUALA LUMPUR, May 25 (Bernama) -- Sime Darby Bhd's net profit for the third quarter financial year ended March 31, 2026 (3Q FY2026) surged to RM654.00 million from RM193.00 million in the same quarter last year.
KUALA LUMPUR, May 25 (Bernama) -- Axiata Group Bhd’s net profit rose to RM273.80 million in the first quarter ended March 31, 2026 (1Q) from RM159.84 million in the same quarter last year.
KUALA LUMPUR, May 22 (Bernama) -- Ann Joo Resources Bhd (Ann Joo) has proposed to dispose of its 100 per cent equity interest in Ann Joo Steel Bhd (AJSB) to Singapore-based Green Esteel Pte Ltd following the mutual termination of a heads of agreement to sell the stake to Southern Steel Bhd today.
KUALA LUMPUR, May 22 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has completed the disposal of its subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million.
KUALA LUMPUR, May 19 -- Capital A Bhd has received approval from Bursa Malaysia Securities Bhd for the removal of its Practice Note 17 (PN17) status, effective May 20, 2026.
KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.
KUALA LUMPUR, May 8 (Bernama) -- Hume Cement Industries Bhd’s net profit jumped to RM243.75 million in the third quarter ended March 31, 2026 (3Q 2026), from RM40.64 million in 3Q 2025, primarily due to a one-off gain on the disposal of a subsidiary during the quarter.
KUALA LUMPUR, May 8 (Bernama) -- Digital lifestyle service provider PUC Bhd had entered into a share sale agreement on Dec 31, 2025, to dispose of 3.03 million ordinary shares or 13.76 per cent equity interest in Pictureworks International Holdings Ltd (PIHL) to MacOS Ltd for RM30.0 million as a partial divestment of its investment in PIHL.
KUALA LUMPUR, May 4 (Bernama) -- Sarawak Consolidated Industries Bhd (SCIB) has obtained shareholders’ approval for a strategic divestment exercise with a total potential value of RM151.19 million at its extraordinary general meeting (EGM).
KUALA LUMPUR, April 16 (Bernama) -- By treating palm oil by-products as strategic resources rather than traditional waste, the Federal Land Development Authority (Felda) and FGV Holdings Bhd are seeking to redefine the role of palm oil in Malaysia’s future economy, driven by technological advancement.
KUALA LUMPUR, March 31 (Bernama) -- As companies face increasing pressure from investors, regulators and environmental, social, and governance (ESG) commitments to reduce their carbon footprint, corporate travel is emerging as an area where small operational changes can deliver measurable impact.
