Economy
Sime Darby Property 1H 2026 AUM Reaches RM5 Bln
KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s assets under management (AUM) have grown to RM5 billion in the first half of 2026 (1H 2026) as the property developer continues to scale its recurring income portfolio while maintaining a resilient balance sheet.
Market
CPO Futures End Lower On Profit-taking, Weaker Crude Oil
By Muhammad Fawwaz Thaqif Nor Afandi
Gold Futures End Higher Tracking US COMEX
KUALA LUMPUR, Aug 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today tracking the strong performance of gold futures on the US Commodity Exchange (COMEX).
KLCI Futures End Mostly Higher
KUALA LUMPUR, Aug 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed mostly higher on Monday.
Corporate
Guan Chong's Net Profit Soars To RM253.02 Mln In 2Q
KUALA LUMPUR, Aug 24 (Bernama) -- Guan Chong Bhd's net profit surged to RM253.02 million in the second quarter (2Q) ended June 30, 2026 compared with RM48.20 million in 2Q last year.
KLK Posts RM1.34 Bln Net Loss In 3Q On RM1.62 Bln Impairment Loss
KUALA LUMPUR, Aug 24 (Bernama) -- Kuala Lumpur Kepong Bhd (KLK) posted a net loss of RM1.34 billion in the third quarter of 2026 compared with a net profit of RM346.59 million in the same quarter a year ago after accounting for a RM1.62 billion impairment loss on investment in an overseas associate, United Kingdom-listed Synthomer plc.
Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln
KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.