Latest
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Corporate News
Govt mulls takeover of NexG’s MyKad, passport supplier unit
PETALING JAYA: NexG Bhd says the Malaysian Government has requested an indicative price for the possible acquisition of its wholly-owned subsidiary Datasonic Technologies Sdn Bhd (DTSB), which the group regards as its core business and "crown jewel".
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Corporate News
Kelington posts higher 2Q26 earnings
PETALING JAYA: Kelington Group Bhd posted a higher net profit of RM41.34mil for its second quarter ended Jun 30, 2026 (2Q26), compared to RM32.89mil a year earlier.
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Corporate News
George Kent off to positive start to FY27
PETALING JAYA: George Kent (M) Bhd returned to the black in the first quarter ended June 30, 2026 (1Q27), posting a net profit of RM279,000 compared with a net loss of RM8.1mil in 1Q26.
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Business
Bursa Malaysia publicly reprimands Hua Yang
PETALING JAYA: Hua Yang Bhd has announced that the company has been reprimanded by Bursa Malaysia Securities Bhd for breach of paragraph 12.04 of the Bursa Malaysia Securities Main Market Listing Requirements (MAIN LR).
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Markets
ACE Market-bound SLGC inks underwriting agreement with M & A Securities
PETALING JAYA: Building construction services provider, SLGC Bhd, has entered into an underwriting agreement with M & A Securities Sdn Bhd, a wholly-owned subsidiary of M & A Equity Holdings Bhd, in conjunction with its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.
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Corporate News
DKSH records higher net profit of RM32.27mil in 2Q26
KUALA LUMPUR: DKSH Holdings (Malaysia) Bhd posted a higher net profit of RM32.27 million for the second quarter ended June 30, 2026 (2Q 2026) compared with RM23.94 million in 2Q 2025.
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Corporate News
Sports Toto subscribes for RM17mil in Berjaya Yokohama sukuk
KUALA LUMPUR: Sports Toto Bhd (SPToto) has invested RM17mil in Islamic medium-term notes (IMTN) issued by Berjaya Yokohama Sdn Bhd, a subsidiary of Berjaya Corp Bhd.
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Corporate News
7-Eleven Malaysia cautiously optimistic on 2H26 outlook
KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd remains cautiously optimistic about the second half of 2026, supported by continued domestic consumption.
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Corporate News
Genting sees uncertain global outlook amid geopolitical, macro risks
PETALING JAYA: Genting Bhd expects the global economic environment to remain uncertain, as renewed geopolitical tensions in the Middle East and macroeconomic risks continue to weigh on the growth outlook.
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Corporate News
Malaysian Pacific Industries posts higher FY26 net profit of RM188mil
KUALA LUMPUR: Malaysian Pacific Industries Bhd's net profit for the financial year ended June 30, 2026 (FY2026) increased to RM188.04 million from RM153.78 million last year on the back of higher revenue.
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Corporate News
DNeX proposes US$35mil sale of FPSO Excalibur to MISC
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) has proposed to dispose of its floating production storage and offloading (FPSO) vessel, Excalibur, to MISC Bhd for US$35mil (RM142.2mil) cash.
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Corporate News
Telekom Malaysia posts lower net profit of RM365.5mil in 2Q
KUALA LUMPUR: Telekom Malaysia Bhd (TM) posted a lower net profit of RM365.48 million for the second quarter ended June 30, 2026 (2Q 2026), compared with RM402.97 million in the corresponding quarter last year.
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Nation
SC wins suit, five individuals ordered to pay RM103.75mil
KUALA LUMPUR: The High Court here has ruled that the Securities Commission (SC) successfully proved its case against five individuals for perpetrating a scheme to defraud and causing wrongful losses to four public-listed companies totalling RM120.6mil.
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Forex
Ringgit stays bullish vs US dollar at close as US debt weighs on greenback
KUALA LUMPUR: The ringgit continued its bullish momentum to close higher against the US dollar on Thursday, as the US national debt, which surpassed US$40 trillion for the first time, weighed on the greenback.
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Corporate News
Dialog’s FY26 net profit nearly doubles to RM593.5mil
KUALA LUMPUR: Dialog Group Bhd's net profit rose 13.6% to RM167.5mil for the fourth quarter ended June 30, 2026 (4Q26), from RM147.4mil a year earlier, underpinned by higher revenue.
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Markets
FBM KLCI to expand to 50 stocks in first major revamp since 2009
KUALA LUMPUR: Bursa Malaysia Bhd and FTSE Russell will expand the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to 50 constituents from 30 currently, as part of changes aimed at better reflecting the growth and diversification of the Malaysian equity market.
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Corporate News
Hektar REIT’s 2Q NPI rises 9.5% on higher occupancy, cost optimisation
KUALA LUMPUR: Hektar Real Estate Investment Trust (Hektar REIT) recorded a 9.5% year-on-year increase in net property income (NPI) to RM17.4mil for the second quarter ended June 30, 2026 (2Q26), supported by higher occupancy, tenancy remixing and cost optimisation.
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Corporate News
YTL Corp posts stronger 4Q performance, raises FY26 dividend
PETALING JAYA: YTL Corp Bhd ended its financial year 2026 (FY26) with higher revenue but lower profits, although its fourth quarter ended June 30, 2026 (4Q26) performance strengthened on a sequential basis.
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Corporate News
Perak Transit targets 10%-15% cost savings through digitalisation, AI
PETALING JAYA: Perak Transit Bhd (PTRANS) is targeting operational cost efficiencies of about 10% to 15% in selected areas of its fleet operations as it accelerates the adoption of digitalisation, artificial intelligence (AI), data analytics and connected technologies across its transportation and terminal businesses.
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Nation
Anwar orders probe into Khazanah-linked company
KLANG: A company under Khazanah Nasional is being investigated following concerns over its governance, with Datuk Seri Anwar Ibrahim saying no one should be above scrutiny.
