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Awantec Maintains Profitability In 1Q, Advances AI, Digital Transformation Initiatives

KUALA LUMPUR, May 22 (Bernama) -- AwanBiru Technology Bhd (Awantec) posted a profit after tax (PAT) of RM1.5 million for the first quarter ended March 31, 2026 (1Q 2026), supported by sustained contributions from the group’s core operations and its strategic expansion into delivering artificial intelligence (AI) solutions for key accounts.

Bursa Malaysia Turns Lower At Midday On Selling Pressure

KUALA LUMPUR, May 21 (Bernama) -- Bursa Malaysia turned lower at midday due to persistent selling in selected heavyweights, led by industrial products and services, consumer products and services, as well as plantation counters. 

EIG’s MidOcean Energy Secures US$120 Mln Investment From The Arab Energy Fund

KUALA LUMPUR, May 21 (Bernama) -- MidOcean Energy (MidOcean), a liquefied natural gas (LNG) company formed and managed by EIG, has secured a US$120 million equity investment from The Arab Energy Fund (TAEF) as part of its ongoing capital raise. (US$1=RM3.96)

TNB: Energy No Longer Just Powers Homes But Also AI, Data Centres

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, May 21 (Bernama) -- Energy is no longer just about powering homes but has become a critical driver of the growing artificial intelligence (AI) ecosystem and the rapid expansion of computing, data centres, advanced manufacturing and electric mobility.

Bursa Malaysia Stays Lower At Midday In Line With Weaker Regional Performance

KUALA LUMPUR, May 20 (Bernama) -- Bursa Malaysia stayed lower at midday in line with the weaker regional performance.

Bursa Malaysia Ends Marginally Lower As Investors Turn Defensive

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors adopted a more defensive stance amid escalating geopolitical tensions and softer regional risk sentiment. 

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.

Petronas Gas Posts Lower 1Q Net Profit Of RM438.68 Mln, Declares 16 Sen Dividend

KUALA LUMPUR, May 19 (Bernama) -- Petronas Gas Bhd (PGB) posted a lower net profit of RM438.68 million in the first quarter (1Q) ended March 31, 2026, down from RM468.79 million in the same period last year, in line with lower gross profit, coupled with lower profit generated from fund investments.

Bursa Malaysia Marginally Higher At Midday

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia turned marginally higher at midday, buoyed by buying interest in selected heavyweights, led by consumer products and services, financial services and utilities counters.

IILM Hits Record US$7.055 Bln Outstanding Ṣukuk Portfolio Despite Volatile Markets

KUALA LUMPUR, May 18 (Bernama) -- The International Islamic Liquidity Management Corporation’s (IILM) total outstanding short-term sukuk assets climbed to a record US$7.055 billion, following a US$975 million issuance and reissuance exercise (US$1=RM3.97). 

99 Speed Mart Posts Higher Net Profit Of RM188.56 Mln In 1Q

KUALA LUMPUR, May 18 (Bernama) -- 99 Speed Mart Retail Holdings Bhd posted a higher net profit of RM188.56 million in the first quarter of its financial year ended March 31, 2026 (1Q 2026), compared with RM144.90 million in the same period last year.

AEON Posts Higher Net Profit Of RM83.72 Mln In 1Q

KUALA LUMPUR, May 18 (Bernama) -- AEON Co (M) Bhd posted a higher net profit of RM83.72 million in the first quarter of its financial year ended March 31, 2026 (1Q FY2026), compared with RM68.10 million in the same period last year.