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Mongolian Mining Corporation Revenue Falls, Gold Output Set For Q3 Boost

KUALA LUMPUR, Aug 29 (Bernama) -- Mongolia’s largest washed hard coking coal producer and exporter, Mongolian Mining Corporation (MMC), reported a nearly 36 per cent year-on-year drop in revenue to US$346.6 million for the first half ended June 30, 2025 (1H2025), as weaker coal prices dampened earnings despite stable sales volumes. (US$1=RM4.20)

KPJ Healthcare's Net Profit, Revenue Strengthen In 2QFY2025

KUALA LUMPUR, Aug 28 (Bernama) -- KPJ Healthcare Bhd’s net profit increased to RM82.06 million in the second quarter ended June 30, 2025 (2QFY2025), from RM75.88 million in 2QFY2024, in tandem with higher revenue recorded in the quarter.

Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

KLCCP Posts Higher Net Profit Of RM200.45 Mln In 2Q 2025

KUALA LUMPUR, Aug 27 (Bernama) -- KLCC Property Holdings Bhd (KLCCP) posted a higher net profit of RM200.45 million in the second quarter ended June 30, 2025 (2Q 2025) compared to RM191.06 million in the same period a year ago. 

Hong Leong Financial Group Posts Higher FY2025 Net Profit Of RM3.25 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- Hong Leong Financial Group Bhd’s (HLFG) net profit for the financial year ended June 30, 2025 (FY2025) rose to RM3.25 billion from RM3.19 billion in the previous financial year, driven by improved performance of commercial banking and insurance.

Federal Govt To Develop Policy, Guidelines, And Explore Creation Of Blue Carbon Credit Trading Platform

KUALA LUMPUR, Aug 27 (Bernama) -- The Federal Government will develop policies or guidelines and explore the creation of a platform for trading blue carbon credits, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

FGV Delisting Gives Felda Greater Latitude To Focus On Settlers' Returns, Shareholder Value

KUALA LUMPUR, Aug 27 (Bernama) – FGV Holdings Bhd will be delisted from Bursa Malaysia tomorrow, a move that will give greater latitude to one of the world’s largest crude palm oil producers to strategise and focus mainly on providing greater returns to settlers and value to shareholders.

Maybank Rises On Stronger 2Q Profit, Steady Outlook

KUALA LUMPUR, Aug 27 (Bernama) -- Malayan Banking Bhd (Maybank) shares rose in early trade on Wednesday, buoyed by its second quarter (2Q) ended June 30, 2025, result and steady growth outlook across key markets.

US Yet To Offer More Details On Transhipment Activities -- MITI

KUALA LUMPUR, Aug 26 (Bernama) -- Transhipment activities have not yet been fully clarified in terms of enforcement implementation as the United States (US) has not outlined in detail the categories of such activities, said the Ministry of Investment, Trade and Industry (MITI). 

PNB Merdeka Ventures Proposes RM6 Bln Sukuk Programme For Merdeka 118 Development

KUALA LUMPUR, Aug 26 (Bernama) -- PNB Merdeka Ventures Sdn Bhd (PNBMV) has proposed an Islamic Medium-Term Notes (IMTN) programme (Merdeka Sukuk Wakalah Programme) of up to RM6 billion in nominal value.

Calabrio To Merge With Verint In US$2 Bln Deal Backed By Thoma Bravo

KUALA LUMPUR, Aug 26 (Bernama) -- Calabrio, a leader in customer experience (CX) automation, announced that it will merge with Verint Systems Inc (Verint) in a US$2 billion all-cash transaction led by software investment firm Thoma Bravo. (US$1=RM4.20)