KUALA LUMPUR, Feb 25 (Bernama) -- Velesto Malaysian Ventures Sdn Bhd’s wholly owned subsidiary, Velesto Drilling Sdn Bhd, has received a letter of award from Jadestone Energy (Malaysia) Pte Ltd.
KUALA LUMPUR, Feb 25 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a higher net profit of RM529.58 million in the third quarter of the financial year ending March 31, 2026 (3Q FY2026) compared with RM486.49 in the same period last year.
KUALA LUMPUR, Feb 24 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves amounted to US$127.9 billion as at Feb 13, 2026, compared with US$126.9 billion at the end of last month.
KUALA LUMPUR, Feb 24 (Bernama) -- The ringgit extended its gains to open higher on Tuesday, with foreign exchange markets seen to have largely priced in Malaysia’s encouraging macroeconomic data and recent tariff developments.
KUALA LUMPUR, Feb 23 (Bernama) -- Pelaburan Hartanah Bhd (PHB) has largely fulfilled its mandate, supported by growth in underlying asset value, a rising number of Amanah Hartanah Bumiputera (AHB) unitholders and its stable returns.
KUALA LUMPUR, Feb 23 (Bernama) -- Perbadanan Perwira Harta Malaysia (PPHM) is said to be unable to meet its financial obligations as the total assets it owns are insufficient to cover its total liabilities.
KUALA LUMPUR, Feb 23 (Bernama) -- A total of 36 dormant companies with net liabilities amounting to RM1.248 billion require continued support from the government, agencies, or parent companies to settle their respective financial obligations, according to the Auditor-General’s Report 1/2026 released today.
KUALA LUMPUR, Feb 23 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly-owned subsidiary, Future Rock Sdn Bhd (FRSB), has secured a RM502.27 million contract for the execution and completion of reclamation and dredging works for the Seri Tanjung Pinang (Phase 2B and 2C) Development (STP2) from Tanjung Pinang Development Sdn Bhd.
KUALA LUMPUR, Feb 23 (Bernama) -- The asset position of 143 out of 145 federal agencies increased by 5.5 per cent to RM2.838 trillion in 2024, compared with RM2.690 trillion the previous year, according to the Auditor-General’s Report (LKAN) 1/2026 tabled in the Dewan Rakyat today.
KUALA LUMPUR, Feb 23 (Bernama) -- Coventry, the leader and creator of the secondary market for life insurance, announced it will attend SFVegas 2026 to engage with structured finance leaders as the institutional market for longevity-linked asset-backed securities (ABS) continues to mature.
KUALA LUMPUR, Feb 20 (Bernama) -- Petroliam Nasional Bhd (Petronas) has appointed T7 Global Bhd’s subsidiary, T7 Intelligent Resources Sdn Bhd, as a Petronas panel contractor for third-party professional and support services for the Petronas Group.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Feb 20 (Bernama) -- The ringgit closed higher against the US dollar on Friday, supported by cautious market sentiment amid ongoing negotiations between the US and Iran regarding the nuclear programme, said an economist.
