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SBC Medical Revenue Declines On Franchise Fee Restructuring

KUALA LUMPUR, May 15 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported total revenue of US$43 million for the first quarter ended March 31, 2026, down nine per cent year-on-year, mainly due to changes in its franchise fee structure implemented last year. (US$1=RM3.93)

Bursa Malaysia Lower At Midday, Tracking Regional Peers Amid US-China Summit Watch

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia ended the morning trading session lower, tracking weaker regional market performance as investors remained cautious and kept a close watch on developments from the US-China Summit.

Bursa Malaysia Trims Early Gains Ahead Of 1Q GDP Data

By Siti Noor Afera Abu

KUALA LUMPUR, May 15 (Bernama) -- Bursa Malaysia opened firmer on Friday but turned lower thereafter, despite Wall Street’s strong overnight performance, as investors locked in profits and turned cautious ahead of Malaysia’s first-quarter 2026 gross domestic product announcement later in the day.

AirAsia X Posts Net Loss Of RM154.88 Mln In First Quarter Due To Depreciation Of Local Currencies

KUALA LUMPUR, May 14 (Bernama) -- AirAsia X Bhd posted a net loss of RM154.88 million in the first quarter ended March 31, 2026, due to the net foreign exchange losses of RM232.2 million from the depreciation of local currencies including Thai baht, Indonesian rupiah and the Philippine peso against the US dollar during the quarter.

Fima Corp's Unit Bags Three Contracts From MOE Worth RM197.09 Mln

KUALA LUMPUR, May 14 (Bernama) -- Manufacturing, plantation and property management company, Fima Corporation Bhd’s wholly-owned subsidiary, Percetakan Keselamatan Nasional Sdn Bhd (PKN) has accepted three letters of acceptance (LOA) from the Ministry of Education (MOE) worth RM197.09 million.

Public Bank's 1Q2026 Net Profit Up Slightly To RM1.75 Bln On Stronger Loan, Deposit Portfolios

KUALA LUMPUR, May 14 (Bernama) -- Public Bank Bhd’s net profit increased slightly to RM1.75 billion in the first quarter ended March 31, 2026 (1Q 2026), from RM1.74 billion in the same period last year, supported by continued expansion in its loan and deposit portfolios.

Bursa Malaysia Higher At Midday On Selective Buying In Small Caps

KUALA LUMPUR, May 14 (Bernama) -- Bursa Malaysia ended the morning trading session marginally higher, supported by buying interest in small-cap stocks, while several heavyweight counters saw intermittent profit-taking activities.

Dialog's Shares Ease At Mid-Morning Despite Reporting Higher 3Q Net Profit

KUALA LUMPUR, May 14 (Bernama) -- Dialog Group Bhd’s shares traded lower at mid-morning on Thursday despite reporting a higher net profit for the third quarter ended March 31, 2026 (3Q 2026).

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

Significant Opportunities For Malaysia, China To Deepen Collaboration In Palm Oil Sector -- Noraini

KUALA LUMPUR, May 12 (Bernama) -- Malaysia and China share significant opportunities to deepen collaboration in value-added industries for palm oil, particularly as demand continues to grow for sustainable, performance-driven, and application-specific palm-based products.

Bursa Malaysia Higher At Midday

KUALA LUMPUR, May 12 (Bernama) -- Bursa Malaysia remained in positive territory at midday, mirroring the upbeat performance of most regional peers and supported by positive sentiment following Wall Street's strong overnight gains.

Pos Malaysia’s Ar-Rahnu Secures RM100 Mln Funding Facility From Maybank Islamic

KUALA LUMPUR, May 11 (Bernama) -- Pos Malaysia Bhd’s wholly-owned subsidiary, Pos Ar-Rahnu, has secured a short-term revolving credit-i facility of up to RM100 million from Maybank Islamic Bhd.