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Malakoff sub-unit appoints contractor for SAFE-T initiative in Kemaman

KUALA LUMPUR: Malakoff Corp Bhd said a sub-subsidiary, Alam Flora Environmental Solutions Sdn Bhd (AFES), has appointed MMC Engineering Sdn Bhd as the Work Package Construction 2 contractor for the sustainable facility and Eco-Park Centre (SAFE-T) at Teluk Kalong in Kemaman, Terengganu.

Puncak Niaga unit to dispose of Kuala Selangor land for RM237.15mil

KUALA LUMPUR: Puncak Niaga Holdings Bhd said its wholly-owned subsidiary Puncak Niaga Management Services Sdn Bhd (PNBSSB) is disposing of two tracts of land in Ijok in Kuala Selangor, Selangor, to Alpha Galaxy Sdn Bhd for a combined RM237.15mil cash.

Duopharma Biotech posts earnings jump in 1H, 1.5c div/share

KUALA LUMPUR: Duopharma Biotech Bhd recorded a net profit of RM60.59mil in the six months ended June 30, 2026, as compared to RM45.84mil in the year-ago period, underpinned by a more favourable product mix, the strengthening of the ringgit, which reduced input costs, and continued operational efficiencies.

ComfortDelGro boss reshapes Singapore fleet for profit turnaround

SINGAPORE: Singaporeans may soon come to associate ComfortDelGro with more than its quintessential blue and yellow taxis, as the transport provider broadens its business by expanding its pool of private-hire drivers and diversifying its services.

JHM prospects strengthen on earnings recovery

PETALING JAYA: Engineering solutions company JHM Consolidation Bhd is RHB Research's top technology pick within the small-cap space, underpinned by an "explosive" rebound in earnings growth, robust revenue momentum, and operating leverage gains.

China snack maker hears consumers call for less sugar

SHANGHAI: Want Want China Holdings Ltd is facing growing pressure to revive growth after its founder described the company's recent performance as a "major operational crisis", prompting a rare public response from the snack maker and renewed calls from consumers for healthier products.

Alphabet mulls first Australian dollar bond as AI debt piles up

NEW YORK: Alphabet Inc hired banks for what would be a debut offering of Australian dollar bonds, as US tech firms flood credit markets with debt to fund investments in artificial intelligence (AI). 

Postal business turnaround key to Pos Malaysia performance

PETALING JAYA: Kenanga Research expects the re-rating catalysts for Pos Malaysia Bhd moving forward will be the sustained turnaround of its postal business and the phasing out of irrational logistics players.

SkyeChip’s quarterly performance declines

PETALING JAYA: SkyeChip Bhd, one of Bursa Malaysia's strongest initial public offering debutants this year, saw first-quarter revenue fall 16% sequentially as sales of silicon intellectual property (IP) reduced.