Latest
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Nation
Actor Hero Tai and his daughter in mid-air scare
MALAYSIAN actor Hero Tai (pic) prayed for his and his daughter's lives when a flight they were on encountered engine trouble while in the air, China Press reported.
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Corporate News
SunCon wins RM920.8mil Johor DC job
Sunway Construction Group Bhd (SunCon) has secured a letter of award for variation from a US-based multinational technology corporation for additional mechanical, electrical and plumbing fit out works in relation to the ongoing development of a data centre or DC located in Johor.
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Corporate News
Samaiden order book to benefit from Cress, battery storage
Clean energy services and solutions provider Samaiden Group Bhd is banking on the Corporate Renewable Energy Supply Scheme (Cress) to lift its order book to RM1bil by year-end following a signal that it is close to landing its first Cress engineering, procurement, construction and commissioning (EPCC) contract.
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Corporate News
Oriental Kopi expansion on track despite menu language controversy
Cafe operator Oriental Kopi Holdings Bhd remains on track with outlet openings, with customer traffic unchanged despite a controversy over menu language that erupted in early October.
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Corporate News
TM earnings growth forecast to accelerate
Telekom Malaysia Bhd (TM) is expected to see stronger earnings growth as its data centre (DC) and submarine cable businesses expand, while improving cost efficiencies and steady broadband revenue provide further support to its outlook.
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Corporate News
Big Caring banks on multiple growth drivers
Main Market-bound Big Caring Group Bhd is poised for earnings growth, supported by organic outlet expansion, acquisitions, stronger sales and lower borrowing costs following its planned debt repayment using proceeds from its initial public offering (IPO).
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Corporate News
RedPlanet unit bags RM7.09mil solar project
RedPlanet Bhd's wholly-owned subsidiary, AZTI Systems Sdn Bhd, has received a RM7.09mil purchase order for a 15 megawatts alternating current large-scale solar photovoltaic plant in Batu Sapi, Sandakan, Sabah.
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Aviation
ATC poaching exposes aviation staffing risks
A global shortage of air traffic controllers (ATC) is fuelling cross-border recruitment of experienced staff, exposing staffing gaps that are raising concerns about air safety and travel disruption, aviation officials say.
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Insight
Digital US stocks are coming: Be worried
The accelerating drive to turn listed company stocks into digital tokens risks introducing crypto-like dangers into the US equity market with few benefits.
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Corporate News
GDB Holdings’ logistics hub project extends profit runway
GDB Holdings Bhd's earnings outlook has strengthened following its RM877mil logistics hub contract win, which lifted its outstanding order book to a record RM2.93bil and extended earnings visibility until financial year 2031 (FY31), according to Apex Securities Research.
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Banking
Banks expected to benefit from potential hike in the OPR
Malaysian banks could see an earnings boost from a potential interest rate increase, as stronger economic growth raises the prospect of Bank Negara Malaysia (BNM) reversing its pre-emptive rate cut last year, although intensifying deposit competition could limit the upside to margins.
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Corporate News
Tax incentive extension and widening fleet bolster Orkim’s outlook
The extension of the shipping tax exemption under Budget 2027 provides greater clarity on Orkim Bhd's tax outlook and removes any uncertainty surrounding the continuation of the incentive, according to RHB Research.
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Corporate News
YES Group aims to raise RM16.54mil from its IPO
Yes Group Management Bhd is aiming to raise RM16.54mil from its initial public offering (IPO) ahead of its listing on Bursa Malaysia's ACE Market on Nov 26, 2026.
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Corporate News
Velesto secures PETRONAS Carigali drilling contract to deploy Naga 3
Velesto Energy Bhd, via its wholly-owned subsidiary Velesto Drilling Sdn Bhd, has secured a contract from PETRONAS Carigali Sdn Bhd to deploy its jack-up drilling rig, Naga 3.
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Corporate News
Temasek’s Mapletree picks banks for Singapore IPO
Mapletree Investments Pte, a real estate firm owned by Singapore state investor Temasek Holdings Pte, has picked banks for an initial public offering (IPO) of parts of the company in the city-state that could raise at least S$1bil (US$780mil), according to sources.
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Corporate News
Alliance Bank earnings supported by loan growth, fee-based income
Margin compression remains a key challenge for Alliance Bank Malaysia Bhd amid intensifying competition for mortgage financing and deposits, as well as a shift towards lower-yielding secured consumer and business loans.
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Corporate News
Positive view on UEM Sunrise’s latest land deal
UEM Sunrise Bhd is expected to book a net gain of RM47mil from its recent disposal of 402 acres project land in Johor to Gerbang Synergy Sdn Bhd (GSSB), apart from the group's other future development profits, according to CIMB Research.
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Corporate News
Sapura Industrial wins RM307mil job
Sapura Industrial Bhd has secured a contract worth an estimated RM307mil over 4.5 years from Chery Corporate Malaysia Sdn Bhd for the assembly of front and rear axle systems.
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Corporate News
Kee Ming bags RM44mil DC sub-contract
Kee Ming Group Bhd has secured a RM44.17mil sub-contract to provide electrical engineering services for a hyperscale data centre (DC) project in Puncak Alam, Selangor.
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Badminton
Letshanaa faces Herculean task to end q-final drought
PETALING JAYA: Women's singles shuttler K. Letshanaa will need something extraordinary to end her quarter-final drought at the Korean Open as she faces the daunting task of taking on world No. 1 An Se-young today.
