Labuan FSA Reaffirms Zero-tolerance Stance With Corruption-free Pledge

LABUAN, Aug 21 (Bernama) -- The Labuan Financial Services Authority (Labuan FSA) has reaffirmed its Corruption-Free Pledge with the Malaysian Anti-Corruption Commission (MACC), confirming its strong governance principles within its operations to ensure a corruption-free environment across the organisation.

Bintulu Port's 2Q Net Profit Falls To RM34.73 Mln

KUALA LUMPUR, Aug 21 (Bernama) -- Bintulu Port Holdings Bhd’s net profit for the second quarter ended June 30, 2025 (2Q FY2025) slipped to RM34.73 million from RM39.84 million in the same quarter last year.

Bursa Malaysia Ends Morning Session Higher, Lifted By Blue Chips

By Zarul Effendi Razali

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia ended the morning session higher as investors bought select heavyweight stocks, led by the industrial products and services, as well as financial services counters, amid cautious sentiment in regional markets, said an analyst.

Bursa Malaysia Opens Higher On Heavyweight Buying

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, rebounding from yesterday’s losses on renewed buying in selected heavyweights, though sentiment remained cautious over the global economic outlook, a dealer said.

Dialog Group Net Profit For FY2025 Slips To RM303.83 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Dialog Group Bhd’s net profit for the financial year ended June 30, 2025 (FY2025) slid to RM303.83 million compared to RM575.03 million recorded in FY2024.

E&O Unit To Sell London Land For RM427.8 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Eastern & Oriental Bhd’s (E&O) indirect wholly-owned subsidiary, Hammersmith Properties Ltd, has proposed to dispose of two freehold land parcels in Hammersmith, London, to Varsity Capital 1 Propco Ltd for a minimum cash consideration of £75 million or RM427.8 million (£1 = RM5.7040).

LFG Unit To Acquire Vessel For US$13.25 Mln

KUALA LUMPUR, Aug 20 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) indirect wholly-owned subsidiary Kangsar Corporation Pte Ltd has entered into a memorandum of agreement to acquire a vessel MV Moana BAQ for a cash consideration of US$13.25 million (RM55.95 million). 

JCY International Posts RM33.40 Mln Net Loss In 3Q 2025

KUALA LUMPUR, Aug 20 (Bernama) -- JCY International Bhd recorded a net loss of RM33.40 million in the third quarter ended June 30, 2025 (3Q 2025), compared with a net profit of RM9.89 million in the same period last year.

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.

AmBank Targets Loan Growth In Line With Industry, Aims FY2026 Net Profit To Exceed RM2 Bln

KUALA LUMPUR, Aug 20 (Bernama) -- AMMB Holdings Bhd (AmBank) expects its loan growth to keep pace with the industry at around 4 per cent this year, driven mainly by business banking and wholesale segments, while retail loans are expected to remain flat.

ACE Market-bound Express Powerr To Raise RM36.0 Mln From IPO

KUALA LUMPUR, Aug 20 (Bernama) -- Generator rental services provider Express Powerr Solutions (M) Bhd which is en route to be listed on the ACE Market of Bursa Malaysia on Sept 24, 2025, is expected to raise RM36.0 million through its upcoming initial public offering (IPO).

Bursa Malaysia Ends Morning Session Lower On Profit-taking

By Zarul Effendi Razali

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia ended the morning session easier, driven by profit taking in selected telecommunications and media, as well as construction counters, amid weaker sentiment in regional markets, said an analyst.