Settlers To Benefit From Felda’s Majority Stake In FGV - DPM Zahid

KUALA LUMPUR, Aug 2 (Bernama) -- The Federal Land Development Authority’s (Felda) acquisition of a majority stake in FGV Holdings Bhd (FGV) will pave the way for full ownership and restructuring of the company, and Felda settlers will stand to benefit from the profits, said Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

FNHB 3Q Net Profit Falls To RM84.81 Mln On Weaker Earnings, Unrecognised Tax Assets

KUALA LUMPUR, Aug 1 (Bernama) -- Fraser & Neave Holdings Bhd’s (FNHB) net profit fell to RM84.81 million in the third quarter ended June 30, 2025 (3Q 2025) from RM121.62 million in 3Q 2024.

AYS Ventures' Associate Company Acquires More Than 90 Pct Shares In CosmoSteel

KUALA LUMPUR, Aug 1 (Bernama) -- AYS Ventures Bhd's associate company, 3HA Capital Pte Ltd and parties acting in concert with it has acquired more than 90 per cent equity interest in Singapore-listed CosmoSteel Holdings Ltd. 

Nationwide Vendor Roadshow Unlocks New Airport Partnership Opportunities - Malaysia Airports

KOTA KINABALU, Aug 1 (Bernama) -- Malaysia Airports Holdings Bhd has launched a nationwide Connect and Collaborate Vendor Roadshow beginning this week in Kota Kinabalu to cultivate a stronger and more competitive vendor ecosystem across the country.

Westports 2Q Net Profit Rises 14 Pct To RM231.63 Mln

KUALA LUMPUR, Aug 1 (Bernama) -- Wesports Holdings Bhd’s net profit rose 14 per cent to RM231.63 million in the second quarter ended June 30, 2025 (2Q 2025), compared with RM203.75 million in the same period last year, on higher container revenue, although increased operating expenses partly offset this. 

CGC Awards 2024 Celebrates 30 Years Of Empowering MSMEs 

KUALA LUMPUR, Aug 1 (Bernama) -- Credit Guarantee Corporation Malaysia Bhd (CGC) marked a major milestone with the 30th edition of the CGC Awards, celebrating three decades of dedication to the growth of Malaysia’s micro, small and medium enterprises (MSMEs) and the broader financial ecosystem.

Pharmaniaga On Track To Exit PN17, Jakel Medical Emerges As New Substantial Shareholder

KUALA LUMPUR, July 31 (Bernama) -- Pharmaniaga Bhd has completed two critical milestones of its regularisation plan, the rights issue and private placement, thus positioning the group firmly on track to exit its Practice Note 17 (PN17) status.

Bursa Malaysia Ends At Intraday Low Despite Growing Optimism Over 13MP Announcement

By Danni Haizal Danial Donald

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia closed at its intraday low on Thursday, tracking weaker regional sentiment despite optimism on Malaysia’s strategic policy vision under the 13th Malaysia Plan (13MP) announcement.

FGV Takeover A Consolidation Move, Says Felda Chairman

By Siti Radziah Hamzah

KUALA LUMPUR, July 29 (Bernama) -- The takeover of FGV Holdings Bhd by the Federal Land Development Authority (Felda) marks a consolidation move to strengthen its operations moving forward.

DXN 1Q Net Profit Dragged Down By Forex Losses

KUALA LUMPUR, July 29 (Bernama) -- DXN Holdings Bhd’s net profit fell by 13.6 per cent to RM73.91 million in the first quarter ended May 31, 2025 (1Q FY2026) from RM85.56 million in the same period last year due to foreign exchange (forex) losses stemming from the strengthening of the ringgit.

Felda's Shareholding In FGV Increases To Over 90 Pct, Plans For Delisting

KUALA LUMPUR, July 29 (Bernama) -- The Federal Land Development Authority (Felda) has received valid acceptances for all the remaining ordinary shares in FGV Holdings Bhd and has acquired the offer shares representing 91.73 per cent of the total issued shares of FGV as of 5pm.

Paramount To Acquire 28 Pct Stake In Singapore's Envictus International For RM126.32 Mln

KUALA LUMPUR, July 29 (Bernama) -- Paramount Corporation Bhd, through its wholly owned subsidiary Venice Concepts Sdn Bhd, has proposed to acquire a 28 per cent equity interest in Envictus International Holdings Ltd from JAG Capital Holdings Sdn Bhd for S$38.33 million (RM126.32 million).