Wasco Posts RM11.10 Mln Net Profit In 1Q
KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.
| LATEST NEWS | Johor polls: MUDA to field Rashifa Aljunied to defend Puteri Wangsa - president | Johor polls: PH names Wong Bor Yang as candidate for Senai, Mohamad Shafwan Ani for Bukit Permai - Loke | Petronas’ success in securing Turkmenistan gas field is proof of foreign countries’ confidence in Malaysia’s capabilities - PM Anwar | Malaysia’s independent and neutral stance opens doors for economic cooperation - PM Anwar | Johor polls: PH names Nor Zulaila Abd Ghani as candidate for Tiram, Lee Wern Yiing for Johor Jaya - Loke | |
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Pharmaniaga Gets Approval For Five-For-One Share Consolidation
KUALA LUMPUR, May 19 (Bernama) -- Pharmaniaga Bhd today secured shareholder approval for its proposed five-for-one share consolidation at the group’s extraordinary general meeting (EGM), with completion expected in early June 2026.
Lendlease REIT Completes Full Acquisition Of PLQ Mall, Posts Positive Rental Reversion
KUALA LUMPUR, May 19 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) completed the acquisition of the remaining 30 per cent interest in PLQ Mall on March 26, 2026, achieving full ownership of the Singapore retail asset as it undertakes enhancement works aimed at improving space utilisation and rental income.
MUDRA Initiative Expected To Benefit 10,000 Indian Entrepreneurs This Year -- MAICCI President
KUALA LUMPUR, May 18 (Bernama) -- The 2026 Indian Entrepreneur Capital and Economic Stimulus Package (MUDRA), with a total financing allocation of RM220 million, is expected to benefit about 10,000 Indian entrepreneurs by the end of this year.
Iran Conflict May Boost Drilling Activities Off Sabah, Says Labuan O&G Player
LABUAN, May 15 (Bernama) -- The unresolved conflict involving Iran is expected to indirectly drive more active oil drilling activities in Sabah waters, said Labuan Chamber of Commerce (LCC) Oil and Gas Bureau chairman Masnawi Nawe.
Reforms Post-privatisation Bear Fruit For Airport Operator MAHB - Managing Director
From Kisho Kumari Sucedaram
BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) said reforms introduced following its privatisation exercise last year have strengthened operational efficiency, accelerated infrastructure planning and improved decision-making processes across Malaysia’s airport network.
MAHB Optimistic On Outlook, Urges Greater Aviation-tourism Collaboration To Boost Passenger Traffic
From Kisho Kumari Sucedaram
BANGKOK, May 14 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB), which remains optimistic on its outlook this year despite ongoing geopolitical uncertainties in West Asia, has called for greater cooperation across the aviation and tourism ecosystem to increase passenger traffic and support Malaysia’s aviation ambitions.
Quest Software Expands AI Data Platform With New Modelling, Intelligence Capabilities
KUALA LUMPUR, May 14 (Bernama) -- Quest Software, a data management, cybersecurity and platform modernisation leader, has announced two major releases to the Quest Trusted Data Management Platform, expanding its artificial intelligence (AI) and data capabilities.
ICW Borneo 2026 To Advance Sabah And Sarawak's Construction Industry
KUALA LUMPUR, May 13 (Bernama) -- The International Construction Week (ICW) Borneo 2026 was officially launched in Kota Kinabalu yesterday, marking the second edition of the regional construction industry event focusing on industry development, technical discussions and engagement with stakeholders in East Malaysia.
Malaysia Airports Wins International Carbon Accreditation Recognition
From Kisho Kumari Sucedaram
BANGKOK, May 13 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) received recognition from the Airports Council International (ACI) at the Airport Carbon Accreditation (ACA) Awards ceremony, with Penang International Airport and Kuching International Airport attaining ACA Level 1 accreditation for their carbon management efforts.
Agility, Collaboration Critical In Navigating Global Aviation Challenges - MAHB
From Kisho Kumari Sucedaram
BANGKOK, May 13 (Bernama) -- Airport operators must exercise agility and flexibility, and collaborate to navigate the growing uncertainties, such as geopolitical tensions, operational disruptions, and changing passenger expectations, that the global aviation industry faces.
Pavilion REIT Posts Higher Net Profit Of RM105.8 Mln In 1Q
KUALA LUMPUR, May 7 (Bernama) -- Pavilion Real Estate Investment Trust (Pavilion REIT) posted a higher net profit of RM105.8 million for the first quarter ended March 31, 2026 (1Q 2026), from RM90.4 million recorded in the corresponding quarter last year.