Latest
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Corporate News
Capital One first-quarter profit misses estimate
Capital One Financial Corp, the biggest US credit card lender, reported a first quarter profit that missed Wall Street's estimate and set aside more cash to cover soured loans.
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Corporate News
Market sentiment softens for REITs
Malaysia's real estate investment trust (M-REIT) sector is facing a tougher environment as analysts warn that the asset class is losing some of its relative appeal amid rising competition from alternative income-generating investments.
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Auto
Proton catching up in market share race
Proton Holdings Bhd saw significant market share gains in March 2026, despite a softer overall automotive industry performance.
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Corporate News
Willowglen bags RM12mil Singapore deal
Willowglen MSC Bhd has announced that its wholly-owned subsidiary, Willowglen Services Pte Ltd, has been awarded a contract worth RM12mil by SP PowerAssets Ltd, Singapore, for the maintenance of front-end security equipment.
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Corporate News
Maxim Global awards RM4.3mil job to Nu Infinity
Maxim Global Bhd has awarded a renovation work contract worth RM4.3mil to related party Nu Infinity Sdn Bhd to undertake renovation works at the former's new headquarters at Old Klang Road, Kuala Lumpur.
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Markets
Capital market remains robust
The Securities Commission (SC) is confident that the Malaysian capital market will stay on track in delivering reforms, enhancing market competitiveness and strengthening governance frameworks and investor protection.
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Economy
‘Reform, recalibrate response to global changes’
Malaysia should reform or recalibrate its response to changes in the global architecture, especially in trade, as they occur, says Malaysian Investment Development Authority (Mida) chairman Tengku Datuk Seri Zafrul Abdul Aziz.
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Corporate News
JAG Capital sells 30% stake for RM44.3mil
JAG Capital Bhd is disposing of its 30% stake in oil palm management firm Sinong Sepadu Sdn Bhd (SSSB) to Sinong Enterprise Sdn Bhd for RM44.3mil.
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Corporate News
AmBank provides RM102mil financing to Gajahsuria
AmBank Group has extended RM102.40mil in financing facilities to Gajahsuria Power Sdn Bhd (GSP) to support the development of a 29.99MW of alternating current (MWac) large-scale solar five (LSS5) project located in Kampung Gajah, Perak.
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Corporate News
Lau Choo Chin is now TAS Offshore MD
TAS Offshore Bhd has redesignated its deputy managing director Lau Choo Chin to the position of managing director with effect from April 30.
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Corporate News
CapitaLand sees better earnings in first quarter
CapitaLand Malaysia Trust posted a higher profit of RM45.81mil for the first quarter ended March 31, 2026, compared to the RM37.49mil recognised for the same quarter last year.
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Corporate News
Police unfreeze Mayu Global’s bank accounts
Mayu Global Group Bhd said seven bank accounts linked to the company and its subsidiaries have been unfrozen following the revocation of a police order.
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Corporate News
United Plantations posts higher revenue in 1Q26
United Plantations Bhd expects to deliver a "satisfactory" performance for its the financial year ending Dec 31, 2026 (FY26), underpinned by firm palm oil prices, resilient biodiesel demand and continued operational discipline.
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Corporate News
Samchem inks Johor deal to enhance chemical logistics
Chemical supplier Samchem Holdings Bhd's wholly owned subsidiary, SC Terminals Sdn Bhd (SCTSB), has entered into an agreement with Idemitsu Chemicals (M) Sdn Bhd (ICMSB) for the proposed acquisition of the right to use part of a Johor leasehold land parcel for RM21.08mil.
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Corporate News
Affin Bank chairman Md Agil Mohd Natt retires
Affin Bank Bhd has announced the retirement of its chairman, Datuk Md Agil Mohd Natt.
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Forex
Ringgit closes lower against greenback
The ringgit closed slightly weaker against the US dollar yesterday as investors shifted towards safe-haven assets, while trading mostly higher against other major and regional currencies.
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Corporate News
PETRONAS Chemicals to prioritise domestic demand
PETRONAS Chemicals Group Bhd (PetChem) remains committed to prioritising domestic demand over exports to ensure the continued availability of high-quality products in the local market.
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Corporate News
KUB disposes of entire stake in GRP Holdings for RM13mil
Kumpulan Jetson Bhd (KUB) is disposing of its entire stake in GRP Holdings Sdn Bhd to THH Electrical Engineering Sdn Bhd for RM12.8mil.
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Business
SC reviewing laws to close loopholes, improve conviction rate
KUALA LUMPUR: The Securities Commission (SC) is reviewing its existing laws to close loopholes and strengthen enforcement, as part of its efforts to improve conviction rates in capital market offences.
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Banking
Affin Bank chairman Md Agil Mohd Natt retires
PETALING JAYA: Affin Bank Bhd has announced the retirement of its chairman, Datuk Md Agil Mohd Natt.
