Latest
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Corporate News
UOA Development 2Q net profit increases to RM95.59mil, revenue rises to RM221.2mil
KUALA LUMPUR: Property developer UOA Development Bhd's net profit increased to RM95.59 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM91.71 million in the same quarter a year ago.
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Corporate News
PMW International secures additional RM19.3mil TNB contract
KUALA LUMPUR: PMW International Bhd's subsidiary PMW Concrete Industries Sdn Bhd (PCISB) received an optional value contract worth RM19.31 million from Tenaga Nasional Bhd (TNB) for the additional supply and delivery of spun concrete poles for TNB's distribution network.
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Corporate News
CBH Engineering bags RM60mil data centre contract
PETALING JAYA: CBH Engineering Holding Bhd has accepted a work order from Company A for the design, supply, installation and commissioning works of a Consumer Substation (Phase 2) and medium voltage installation and commissioning of works for a data centre in Johor, worth RM59.6mil.
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Corporate News
Samaiden 4Q net profit more than doubles, declares 1 sen dividend
KUALA LUMPUR: Samaiden Group Bhd's net profit more than doubled to RM14.8mil in the fourth quarter ended June 30, 2026 (4QFY26), from RM7.1mil a year earlier.
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Corporate News
PETRONAS Gas 2Q net profit rises to RM453.3mil
KUALA LUMPUR: PETRONAS Gas Bhd's (PGB) net profit rose to RM453.33 million in the second quarter ended June 30,2026 (2Q FY2026) from RM450.19 million in the same period last year.
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Corporate News
Southern Cable upbeat on prospects, backed by RM1.36bil order book
KUALA LUMPUR: Southern Cable Group Bhd is upbeat on its prospects, backed by robust demand from data centre and renewable energy initiatives under the National Energy Transition Roadmap (NETR), national grid upgrades and rising infrastructure activity.
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Corporate News
MN Holdings FY26 net profit nearly doubles to RM92.1mil
KUALA LUMPUR: MN Holdings Bhd's net profit nearly doubled to RM92.14mil for the financial year ended June 30, 2026 (FY26), from RM47.75mil a year earlier, driven by stronger contributions from its substation engineering segment.
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Corporate News
Keyfield International acquires mega dredger for RM99.7mil
PETALING JAYA: Keyfield International Bhd has announced the acquisition of Inai Kenanga, a mega trailing suction hopper dredger, for RM99.7mil.
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Corporate News
QL Resources' 1Q net profit rises to RM100.7mil
KUALA LUMPUR: Integrated agro-based group QL Resources Bhd's net profit inched up to RM100.76 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM100.60 million in the same period last year.
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Corporate News
PPB Group's net profit jumps to RM338.08mil in 2Q, revenue slips to RM1.3bil
KUALA LUMPUR: Diversified conglomerate PPB Group Bhd posted a higher net profit of RM338.08 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM279.83 million in the same quarter a year ago.
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Corporate News
WCT 2Q net profit slips 4% to RM14.7mil
KUALA LUMPUR: WCT Holdings Bhd's net profit fell 4% to RM14.7mil in the second quarter ended June 30, 2026 (2Q26), from RM15.3mil a year earlier, amid lower contributions from its engineering and construction and property development divisions.
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Corporate News
Swift Energy 3Q net profit more than triples to RM5.07mil
KUALA LUMPUR: Swift Energy Technology Bhd's net profit more than tripled to RM5.07mil in the third quarter ended June 30, 2026 (3QFY26), from RM1.62mil a year earlier, driven by stronger project execution and a favourable project mix.
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Forex
Ringgit up against greenback on softer US yields ahead of Jackson Hole meeting
KUALA LUMPUR: The ringgit ended higher against the greenback on Wednesday, supported by softer US Treasury yields ahead of the US Federal Reserve's (Fed) Jackson Hole symposium.
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Corporate News
IJM's 1Q27 net profit rises to RM137.4mil, driven by construction, manufacturing and quarrying
KUALA LUMPUR: IJM Corporation Bhd's (IJM Corp) net profit for the first quarter ended June 30, 2026 (1Q FY2027) rose to RM137.39 million from RM95.60 million registered in the same period last year, driven by the construstion and manufacturing and quarrying divisions.
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Corporate News
Axis-REIT acquires three Klang facilities for RM61mil
PETALING JAYA: Axis Real Estate Investment Trust's (Axis-REIT) trustee, RHB Trustees Bhd has entered into a sale and purchase agreement with Megalift Sdn Bhd to acquire three adjoining warehouse facilities located in Taman Perindustrian Pulau Indah, Klang for a total cash consideration of RM61mil.
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Corporate News
Paramount’s unbilled sales stand at RM1.5bil, plans RM1.6bil launches in 2H26
KUALA LUMPUR: Paramount Corp Bhd has about RM1.5bil in unbilled sales as at June 30, 2026, providing the property developer with near-term earnings and cash flow visibility as construction progresses.
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Corporate News
EITA Resources bags RM221mil substation extension project
PETALING JAYA: EITA Resources Bhd has secured an award from Syarikat SESCO Bhd to carry out the Mapai 500 kilovolts (kV) substation and Mapai 275kV substation extension project worth RM221mil.
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Corporate News
MCE wins RM54mil Perodua contract
PETALING JAYA: MCE Holdings Bhd has secured RM54.28mil in 40-month supply contracts from Perodua to supply various automotive electronics and mechatronic components, including audio display, reverse camera and advanced driver assistance systems (ADAS)-related components for an internal combustion engine (ICE) model.
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Aviation
MAG strengthens safety, reliability with improved operational performance
KUALA LUMPUR: Malaysia Aviation Group (MAG) is strengthening the operational performance of its airline portfolio, backed by renewed international safety certifications and improved flight reliability in the first half of 2026.
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Markets
FBM KLCI rebounds after two-day slide, ringgit hits two-month high
KUALA LUMPUR: The FBM KLCI finished higher on Wednesday, snapping a two-day losing streak as trading resumed after a public holiday, while the ringgit climbed to its highest level in about two months against the US dollar.
