Sime Darby Shares Rise On FY2025 Results Despite Lower Profit
KUALA LUMPUR, Aug 28 (Bernama) – Sime Darby Bhd’s shares rose in early trade today after the group announced its financial results for the financial year ended June 30, 2025 (FY2025).
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Sime Darby Posts RM2.06 Bln Net Profit For FY2025
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
E&O Unit To Sell London Land For RM427.8 Mln
KUALA LUMPUR, Aug 20 (Bernama) -- Eastern & Oriental Bhd’s (E&O) indirect wholly-owned subsidiary, Hammersmith Properties Ltd, has proposed to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for a minimum cash consideration of £75 million or RM427.8 million (£1 = RM5.7040).
KNM's Subsidiary To Dispose Of Entire Equity Interest In FBM Hudson Italian
KUALA LUMPUR, Aug 1 (Bernama) -- KNM Group Bhd’s wholly-owned subsidiary, KNM Europa BV, will dispose of its entire equity interest in FBM Hudson Italian SPA (FBMHI) to SymbEx GmbH and Terragarda GmbH for EUR19.50 million (EUR1=RM4.89).
Chin Hin To Dispose Of Metex Steel For RM70 Mln
KUALA LUMPUR, July 31 (Bernama) -- Chin Hin Group Bhd is disposing its entire equity interest in Metex Steel Sdn Bhd comprising 50 million ordinary shares to EC Excel Wire Sdn Bhd for RM70 million cash.
Axis-REIT Posts Higher 2Q Net Profit Of RM46.95 Mln
KUALA LUMPUR, July 30 (Bernama) -- Axis Real Estate Investment Trust (Axis-REIT) posted a higher net profit of RM46.95 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM38.95 million in the same period last year.
From Setup To Shutdown, Sadhana Offers Turnkey Demolition And Salvage Solutions
KUALA LUMPUR, July 13 (Bernama) -- Sadhana Demolition & Engineering Sdn Bhd could be the ideal partner for companies looking to make new investments, launching manufacturing plants, or even exiting operations in Malaysia.
Energy Transition Must Fit Malaysia’s Needs And Not Bow To Global Pressure
KUALA LUMPUR, June 16 (Bernama) -- Malaysia’s energy transition policies must be based on national realities and domestic capabilities rather than simply adhering to international pressure, said Malakoff Corporation Bhd chairman Tan Sri Che Khalib Mohamad Noh.
Global Oil Prices Surge Amid Escalating Conflict Around Strait Of Hormuz -- Petronas
KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).
Capital A Among Active Stocks Today, Gains Over Four Pct On Positive 1Q Performance
KUALA LUMPUR, June 3 (Bernama) -- Capital A Bhd has emerged as an active stock today, with its share price rising over four per cent following its strong first quarter of 2025 (1Q 2025) performance, which saw the company’s turnaround with a net profit.
Lower Revenue From Key Segments Weighs On MISC’s 1Q 2025 Earnings
KUALA LUMPUR, May 28 (Bernama) -- MISC Bhd’s net profit eased to RM705.70 million in its first quarter ended March 31, 2025 (1Q 2025) from RM759.90 million in the same period a year earlier on the back of lower revenue for the quarter.
EPMS Partners Sinopec SLT, ICSB To Explore Offshore O&G Projects
KOTA KINABALU, May 20 (Bernama) -- Eastern Pacific Marine Services Sdn Bhd (EPMS), a subsidiary of EPIC Bhd, has signed a strategic partnership with SINOPEC Heavy Lifting and Transportation Co. Ltd. (SINOPEC SLT) and Innoprise Corporation Sdn Bhd (ICSB), the investment arm of Yayasan Sabah Group.