Tasco earnings momentum to rise progressively
MBSB Research has cut its financial year ending March 31, 2027 (FY27) to FY28 earnings estimate by 7.1% to 9.3% for logistics firm Tasco Bhd, mainly to reflect softer performance across ocean freight forwarding, cold chain and trucking.
Foreign investors return to Malaysian equities
Foreign investors returned to Malaysian equities in July, recording RM300.9mil in net inflows, with buying concentrated in financial services, transportation and logistics, and utilities.
Logistics, engineering growth buoy Capital A
Capital A Bhd has reported a mixed operating performance across its non-aviation businesses for the second quarter ended June 30, 2026, with seasonal weakness and geopolitical tensions in the Middle East weighing on some segments, while logistics, digital travel and engineering operations continued to record growth.
RM70mil quay cranes acquired to boost Tawau Port capacity
TAWAU: Tawau Port has acquired two new quay cranes costing RM70mil to speed up cargo handling and accommodate larger vessels and rising trade volumes.
Axis-REIT 2H net trust income rises 4%
Axis real estate investment trust's (Axis-REIT) has entered into a sale and purchase agreement with WH Union Development Sdn Bhd to acquire a fully occupied industrial complex located in Kawasan Industri Padang Meha, Kedah, for RM113mil in cash.
SimeProp NEV in RM2.6bil DC sukuk programme
Sime Darby Property NEV (Holdings) Sdn Bhd (SimeProp NEV), a member of SimeProp's New Economy Venture platform, has established a sukuk programme of up to RM2.6bil to finance the development of build-to-suit-to-lease data centres (DCs) alongside industrial and logistics assets.
China-Malaysia Air Silk Road: Strengthening regional connectivity
In an era where speed has become as important as scale in global trade, aviation is emerging as one of the most strategic enablers of economic competitiveness.
Stronger 2Q26 performance expected for AGX Group
AGX Group Bhd is expected to deliver stronger earnings in its second quarter of financial year 2026 (2Q26) on the back of increasing ramp-up of new aerospace logistics contracts and higher associate contributions from All-Link Air & Sea Pte Ltd (ALAS), says Phillip Capital Research.
Westports records 55.8% rise in 2Q26 profit
Westports Holdings Bhd has maintained the company's outlook for container throughput to broadly match last year's record level despite ongoing geopolitical uncertainties, while reporting a 55.8% jump in the second quarter ended June 30, 2026 (2Q26) net profit, driven by higher port tariffs.
AME Elite, KLK Land launch RM1bil industrial park
AME Elite Consortium Bhd and KLK Land Sdn Bhd have unveiled i-Park@Coalfields, a RM1.3bil industrial park development in Coalfields, Selangor.
