24d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 26 (Bernama) -- Bursa Malaysia closed lower on Tuesday, as investors squared off positions ahead of the long holiday period amid heightened tensions between the United States and Iran.
24d ago
KUALA LUMPUR, May 26 (Bernama) -- Axiata Group Bhd is continuing to evaluate monetisation pathways for several portfolio assets as part of its broader value realisation strategy.
24d ago
KUALA LUMPUR, May 26 (Bernama) -- CIMB Group Holdings Bhd’s net profit for the first quarter ended March 31, 2026 (1Q 2026) fell 2.9 per cent to RM1.91 billion from RM1.97 billion in the same period a year ago.
24d ago
KUALA LUMPUR, May 26 (Bernama) -- ICHAM Pte Ltd, a regional multi-family office and alternative asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund that invests in selected sectors of United States (US) equities and incorporates option-based strategies.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- Petroliam Nasional Bhd (Petronas) and Saudi Arabian Oil Company (Aramco) today announced the signing of an agreement for the transfer of the latter’s equity stakes, held via Aramco Overseas Company B.V., in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (collectively, PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor to Petronas.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- Allianz Malaysia Bhd posted a higher net profit of RM227.35 million in the first quarter of its financial year ended March 31, 2026 (1Q 2026), compared to RM213.04 million in 1Q 2025.
25d ago
By Danni Haizal Danial Donald
KUALA LUMPUR, May 25 (Bernama) -- Bursa Malaysia closed lower on Monday as investors turned cautious, with profit-taking emerging in selected heavyweights, amid rising global bond yields and ahead of the US inflation release.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- IJM Land Bhd has formalised a joint venture (JV) with Southern Catalyst Sdn Bhd to develop a RM1.96 billion industrial park in Sedenak, Johor, within the Johor-Singapore Special Economic Zone (JS-SEZ).
25d ago
KUALA LUMPUR, May 25 (Bernama) -- MISC Bhd reported a higher net profit of RM741.4 million for the first quarter ended March 31, 2026 (1Q FY2026), compared with RM705.7 million in the corresponding quarter last year.
25d ago
PUTRAJAYA, May 25 (Bernama) -- The newly expanded Sultan Ismail Petra Airport (KBR) in Kota Bharu handled 562,081 passenger movements between January and April this year, reflecting a 3.9 per cent increase compared to the same period last year.
25d ago
KUALA LUMPUR, May 25 (Bernama) -- All In FutureTech Alliance Inc (AIFA) announced plans to acquire a 57.67 per cent controlling stake in HyalRoute Fiber-Optic Communication Group (HyalRoute) in a transaction valued at about US$2.31 billion. (US$1=RM3.96)
26d ago
KUALA LUMPUR, May 24 (Bernama) -- A Malaysian strategic advisory firm is positioning itself as a bridge connecting Malaysia and the Russia-Commonwealth of Independent States (CIS) market, aiming to unlock cross-border investment opportunities while strengthening Malaysia’s role as a strategic gateway into Southeast Asia.