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Petronas Closely Monitoring Developments In Middle East

By Siti Radziah Hamzah

KUALA LUMPUR, March 3 (Bernama) -- Petroliam Nasional Bhd (Petronas) is closely monitoring the developments in parts of the Middle East with concern and remains fully committed to ensuring the safety, security and welfare of its employees, dependents, as well as its contractors who are supporting its operations across the region.

Lynas Malaysia's Operating Licence Renewed For 10 Years

KUALA LUMPUR, March 2 (Bernama) -- Malaysia has renewed Lynas Malaysia’s operating license for 10 years, commencing tomorrow.

FGV Holdings Names Abu Huraira Non-independent, Non-executive Chairman

KUALA LUMPUR, March 2 (Bernama) -- FGV Holdings Bhd has appointed Datuk Abu Huraira Abu Yazid as its non-independent, non-executive chairman, effective March 2, 2026.

Nippon Kinzoku Expands Magnesium Alloy Foil Sales

KUALA LUMPUR, Feb 27 (Bernama) -- Nippon Kinzoku Co Ltd, a pioneer in the rolling of magnesium alloys, has announced a strategic expansion in the sales of its magnesium alloy foil, positioned as a core "Eco-Product" to help reduce environmental impact.

Capital A Posts RM13.03 Bln FY2025 Net Profit Following Disposal of Aviation Business

KUALA LUMPUR, Feb 25 (Bernama) -- Capital A Bhd reported a net profit of RM13.03 billion for the financial year ended Dec 31, 2025 (FY2025), from a net loss of RM501.24 million in the previous year, reflecting the disposal of its aviation business, with segmental reporting distinguishing between continuing operations and discontinued operations.

Polyplastics Develops Recycled PLASTRON LFT Grades

KUALA LUMPUR, Feb 25 (Bernama) -- Polyplastics Co Ltd has developed two new PLASTRON long-fibre thermoplastic (LFT) grades made with post-consumer recycled (PCR) polypropylene (PP), delivering mechanical performance equivalent to virgin material products.

Velesto Secures US$16.49 Mln Drilling Contract From Jadestone

KUALA LUMPUR, Feb 25 (Bernama) -- Velesto Malaysian Ventures Sdn Bhd’s wholly owned subsidiary, Velesto Drilling Sdn Bhd, has received a letter of award from Jadestone Energy (Malaysia) Pte Ltd.

Enigmatig Posts US$0.6 Mln Net Profit, Revenue Up 12.2 Pct In FY2025

KUALA LUMPUR, Feb 24 (Bernama) -- Enigmatig Limited (Enigmatig), a global business enabler supporting companies expanding across borders, reported a net profit of US$0.6 million for the fiscal year ended Sept 30, 2025 (FY2025), down from US$0.8 million a year earlier, mainly due to one-off listing-related expenses. (US$1=RM3.87)

Uni-Fuels Expands Into Thailand With Bangkok Office

KUALA LUMPUR, Feb 24 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels (Thailand) Co Ltd (Uni-Fuels Thailand), strengthening its global supply and operations network.

Cape EMS Returns To Profit, Taps Johor Data Centre For Growth

KUALA LUMPUR, Feb 19 (Bernama) -- Cape EMS Bhd will prioritise consistent profitability and disciplined execution over the next 12 to 24 months under its strategic transformation roadmap, CEB 2.0.

Lendlease REIT Distributable Income Up 11.7 Pct In 1H FY2026, Acquires PLQ Mall

KUALA LUMPUR, Feb 19 (Bernama) -- Lendlease Global Commercial Trust Management Pte Ltd, the manager of Lendlease Global Commercial REIT (Lendlease REIT), reported first-half (1H) financial results for FY2026 distributable income of SG$48.6 million, up 11.7 per cent year-on-year (YoY), or a distribution of 1.85 cents per unit. (SG$1 = RM3.07)

Mitsubishi Electric To Rename Thai Subsidiary April 1

KUALA LUMPUR, Feb 19 (Bernama) -- Mitsubishi Electric Corporation announced that its Thai subsidiary, Siam Compressor Industry Co Ltd, will change its name to Mitsubishi Electric Siam Compressor Industry Co Ltd, effective April 1.