Urusharta Jamaah Buys Solarvest Shares, Emerges As Substantial Shareholder With 5.08 Pct Stake

KUALA LUMPUR, Aug 20 (Bernama) -- Urusharta Jamaah Sdn Bhd, which is a special purpose vehicle under the Ministry of Finance (MOF), has acquired three million Solarvest Holdings Bhd’s ordinary shares, raising its stake to 5.08 per cent stake.

CPO Futures End Lower, Tracking Weaker Soybean Oil Prices

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 20 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower today, tracking losses in soybean oil on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

SP Setia's 2Q FY2025 Net Profit Drops To RM99.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- SP Setia Bhd's second quarter (2Q) net profit ended June 30, 2025 (FY2025) dropped to RM99.8 million from RM295.03 million in the same quarter a year ago.

Bursa Malaysia Pares Most Early Losses To Close Marginally Lower

By Zarul Effendi Razali

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia pared most of its earlier losses to close marginally lower as profit-taking was offset by selective buying in heavyweights, amid cautious sentiment in regional markets, a dealer said.

Merdeka Sales Set To Drive Malaysia's Automotive TIV Growth For August 2025

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia’s automotive sector total industry volume (TIV) for August 2025 is expected to be stronger than July 2025, driven by aggressive Merdeka celebration sales.

Wintech To Expand Smart Office Portfolio With AI-Driven Occupancy Insights, Advanced Analytics

KUALA LUMPUR, Aug 20 (Bernama) -- Metal fabrication and workspace solutions company Wintech Metal Processing Sdn Bhd, one of the participants at Expo 2025 Osaka in Japan, plans to expand its smart office portfolio with artificial intelligence (AI)-driven occupancy insights, advanced analytics, and customisable acoustic designs.

Bursa Malaysia Opens Slightly Lower

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia opened slightly lower today due to mild profit taking in selected heavyweights after recent gains, amid weaker sentiments on the global economic outlook, a dealer said.

Tengku Zafrul Reiterates Difference Between MIDA-Approved Investments And Net FDI Reported By DoSM

KUALA LUMPUR, Aug 19 (Bernama) -- The Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz reiterated that the investment figures approved by the Malaysian Investment Development Authority (MIDA) refer specifically to the compilation of proposed investments that have been approved.

KPS Consortium's Unit Buys RM30 Mln Land, Factory In Klang

KUALA LUMPUR, Aug 19 (Bernama) -- KPS Consortium Bhd, through its subsidiary KPS Plywood Sdn Bhd, has entered into a sale and purchase agreement with Pelangi Technowood Sdn Bhd.

Bursa Malaysia Extends Upward Momentum To End Higher

By Zarul Effendi Razali

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia extended its upward trajectory to close higher today, supported by sustained buying in selected heavyweights, despite cautious sentiment in regional markets, a dealer said.

US$9.5 Bln Boeing Aircraft Purchase Does Not Affect National Debt, Fiscal Deficit -- MoF

KUALA LUMPUR, Aug 19 (Bernama) -- The second phase purchase of Boeing aircraft valued at US$9.5 billion (US$1 = RM4.22) will not impact Malaysia’s debt levels nor affect its fiscal deficit, said Deputy Finance Minister Lim Hui Ying.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia ended the morning session higher, supported by persistent buying in selected utilities, as well as industrial products and services counters, amid cautious sentiment in the regional markets, said an analyst.