| LATEST NEWS | Malaysia Aviation Group (MAG) commences mandatory drug screening for all 1,260 Malaysia Airlines pilots, expects to complete screening by Aug 15 | Country needs leaders of high integrity or persons of honour - Tuanku Muhriz | Tuanku Muhriz reminds Negeri Sembilan's new exco members to carry out duties with honesty, fairness and professionalism | Negeri Sembilan appoints 10 exco members, including eight new faces - Menteri Besar | Prosecution proceedings against Ismail Sabri postponed to Aug 27 after he was admitted to IJN due to health issues | |
Economy
Theta Edge Shares Surge 10.56 Pct In Morning Trade On RM3.03 Bln LRT Contract
KUALA LUMPUR, Aug 7 (Bernama) -- Theta Edge Bhd's share price surged 10.56 per cent on Friday morning after its joint venture (JV) with Malaysian Resources Corporation Berhad (MRCB) (the MRCB-Theta Edge JV) won a RM3.03 billion contract for the construction of the Mutiara Line Light Rail Transit (LRT).
Market
FBM KLCI Futures Higher In Early Trade
KUALA LUMPUR, Aug 7 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened higher in early trade on Friday.
Bursa Malaysia Opens Lower, Tracking Overnight Losses On Wall Street
KUALA LUMPUR, Aug 7 (Bernama) -- Bursa Malaysia opened lower on Friday, with buying interspersed with selling in selected heavyweights amid overnight losses on Wall Street, following rising crude oil prices, said an analyst.
Ringgit Opens Mostly Higher Versus Major Currencies, Steady Against US Dollar
KUALA LUMPUR, Aug 7 (Bernama) -- The ringgit opened mostly higher against other major currencies, and was almost unchanged versus the US dollar, as escalating global tensions capped gains in the greenback ahead of the release of the United States’ non-farm payrolls (NFP) data.
Corporate
Tong Herr To Be Taken Private Via SCR Exercise, Offers RM2.55 Per Share
KUALA LUMPUR, Aug 6 (Bernama) -- Tong Herr Resources Bhd’s major shareholders, Allrich Corp and Richard Holdings Ltd, as the joint offerors, have proposed to take the company private by way of a selective capital reduction and repayment (SCR) exercise.
Lotte Chemical Titan 2Q Net Loss Widens To RM174.2 Mln, Revenue Up 116 Pct
KUALA LUMPUR, Aug 6 (Bernama) -- Lotte Chemical Titan Holding Bhd’s net loss widened to RM174.2 million in the second quarter (2Q) ended June 30, 2026, from RM173.08 million in the same quarter a year ago.
Malaysia Secures RM791.54 Mln Export Sales At Farnborough International Airshow 2026
KUALA LUMPUR, Aug 6 (Bernama) -- Malaysia's participation at the Farnborough International Airshow (FIA) 2026 has generated RM791.54 million (US$192.36 million) in export sales following five days of intensive business engagements in the United Kingdom from July 20-24, 2026.