Latest

4h ago

Corporate News
WCT lands RM529mil Abu Dhabi project

WCT Holdings Bhd has secured a contract from United Arab Emirates (UAE)-based Construction General Contracting House Ltd (CGCH) to undertake a commercial and residential building project in Abu Dhabi worth RM528.99mil.
4h ago

Corporate News
KHPT wins Proton project

KHPT Holdings Bhd has secured a letter of acceptance (LoA) from Perusahaan Otomobil Nasional Sdn Bhd (Proton) for the supply of automotive structural components for a new Proton model.
4h ago

Corporate News
EI Power bags RM90mil data centre contract

EI Power Bhd's (EIP) wholly owned subsidiary, EI Power Technologies Sdn Bhd, has secured a RM90.1mil works subcontract agreement (WSA) for a data centre project in Johor.
4h ago

Corporate News
Coastal Contracts poised for earnings lift

Coastal Contracts Bhd is poised for strong medium-term earnings growth, driven by an expanding operations and maintenance (O&M) portfolio and a growing engineering, procurement, and construction (EPC) pipeline, says TA Research.
4h ago

Corporate News
RT Pastry’s IPO oversubscribed by 59.96 times

RT Pastry Holdings Bhd's initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.
4h ago

Corporate News
AIZO gets RM346mil financing to fund LSSPV job

AIZO Group Bhd's subsidiary, Wawasan Demi Sdn Bhd, has executed Islamic facilities agreements with Bank Pembangunan Malaysia Bhd of up to RM346.19mil, to support the development of a large-scale solar photovoltaic or LSSPV plant in Kampar, Perak.
4h ago

Corporate News
Swift Energy secures RM44mil new purchase orders

Swift Energy Technology Bhd has secured new purchase orders worth RM44.18mil, lifting its total contracts secured year-to-date to RM148mil, as the company continues to expand its presence in both the offshore energy and data centre sectors.
4h ago

Corporate News
Lianson buys vessel from Singapore firm for RM61mil

Lianson Fleet Group Bhd (LFG) has entered into a memorandum of agreement with a Singapore-based party for the acquisition of a Supramax bulk carrier (MV Sea Affluence) for RM60.9mil.
4h ago

Markets
Wall St rises on chip boost, Iran optimism

US stock indices rallied on Thursday, with the Nasdaq's 1.9% advance boosted by gains in semiconductor shares, while inflation fears eased after the US and Iran signed a peace agreement, although investors still priced in interest rate hikes this year from the Federal Reserve.
14h ago

Business
Malaysia jumps eight spots to 15th in 2026 IMD world competitiveness ranking

KUALA LUMPUR: Malaysia has jumped eight spots in the 2026 International Institute for Management Development (IMD) World Competitiveness Ranking, rising to the 15th spot among 70 economies, marking its best ranking in recent years.
14h ago

Insurance
Manulife Malaysia's AUM hits record RM17.9bil amid growth in insurance business

KUALA LUMPUR: Manulife Holdings Bhd (Manulife Malaysia) said its asset management business achieved a record RM17.9bil in assets under management (AUM) as at Dec 31, 2025, driven by continued growth across its retail and institutional segments.
14h ago

Corporate News
LFG acquires vessel for RM61mil

PETALING JAYA: Lianson Fleet Group Bhd (LFG) has entered into a memorandum of agreement with a Singapore-based party for the acquisition of a Supramax bulk carrier (MV Sea Affluence) for RM60.9mil.
14h ago

Corporate News
BCM Alliance sells laundry companies for RM20mil

PETALING JAYA: BCM Alliance Bhd has entered into a share sale agreement with Ho Kee Wee for the proposed disposals of the entire equity interest in CS Laundry and 99.97% equity interest in CS Laundry Philippines for RM20mil.
14h ago

Corporate News
GIIB founder Tai Boon Wee returns as chairman with immediate effect

KUALA LUMPUR: GIIB Holdings Bhd founder Tai Boon Wee has returned as chairman with immediate effect, after outgoing chairman Datuk Sri Wan Adnan Wan Mamat officially handed over the role upon fulfilling his objective of stabilising and strengthening the group's corporate governance.
15h ago

Markets
ACE Market-bound RT Pastry's IPO oversubscribed by 59.96 times

KUALA LUMPUR: RT Pastry Holdings Bhd's initial public offering (IPO) shares made available to the Malaysian public have been oversubscribed by 59.96 times ahead of its scheduled listing on the ACE Market of Bursa Malaysia on June 29.
15h ago

Corporate News
AIZO Group secures RM346.2mil financing to fund LSSPV project

PETALING JAYA: AIZO Group Bhd's subsidiary, Wawasan Demi Sdn Bhd (WDSB), has executed Islamic facilities agreements with Bank Pembangunan Malaysia Bhd of up to RM346.19mil, to support the development of a large-scale solar photovoltaic plant in Kampar, Perak.
15h ago

Corporate News
Swift Energy secures RM44.2mil in new orders

KUALA LUMPUR: Swift Energy Technology Bhd has secured new purchase orders worth RM44.18mil, lifting its total contracts secured year-to-date to RM148mil, as the company continues to expand its presence in both the offshore energy and data centre sectors.
15h ago

Corporate News
KHPT secures structural components supply contract for Proton

PETALING JAYA: KHPT Holdings Bhd has secured a letter of acceptance (LOA) from Perusahaan Otomobil Nasional Sdn Bhd (Proton) for the supply of automotive structural components for a new Proton model.
16h ago

Forex
Ringgit closes lower against greenback on Fed rate hike expectations

KUALA LUMPUR: The ringgit closed lower against the US dollar on Thursday as expectations of a possible US Federal Reserve (Fed) interest rate hike later this year boosted demand for the greenback.
16h ago

Banking
UOB Malaysia elevates wealth proposition to double affluent customer base by 2028

PETALING JAYA: UOB Malaysia intends to double its affluent customer base by 2028, elevating its wealth proposition to meet rising income levels, increasing financial sophistication, and evolving client expectations.