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ACE Market-bound GTA Holdings Aims To Raise RM71.75 Mln From IPO

KUALA LUMPUR, Aug 19 (Bernama) -- GTA Holdings Bhd, an aircraft engine maintenance, repair and overhaul (MRO) services provider, aims to raise RM71.75 million from its initial public offering (IPO).

Bursa Malaysia Remains Lower At Midday

KUALA LUMPUR, Aug 19 (Bernama) -- Bursa Malaysia remained lower at midday, tracking the downbeat performances on Wall Street overnight and regional markets, amid escalating tensions in West Asia.

Penang Port Explores AI To Drive Smarter, Greener Operations

GEORGE TOWN, Aug 19 (Bernama) -- Penang Port Commission (PPC) is exploring the use of artificial intelligence (AI) to optimise port operations, reduce equipment idling and energy consumption, and accelerate its transformation into a smarter, lower-carbon maritime hub.

Malaysia Still Exposed To Oil Price Swings Despite LNG Strength - Kenanga IB

KUALA LUMPUR, Aug 19 (Bernama) -- The recent oil shock has exposed a less visible vulnerability in Malaysia's energy balance, even as the country remains a net energy exporter, said Kenanga Investment Bank Bhd (Kenanga IB). 

EPMB Unveils RM9.5 Mln Chassis Component Plant In Tanjong Malim

IPOH, Aug 19 (Bernama) -- EP Manufacturing Bhd (EPMB) has unveiled a new chassis component facility in the Automotive High Technology Valley (AHTV) in Tanjong Malim, with an investment of RM9.5 million.

MyCEB Wins Best Meetings Destination (Asia) At The M&C Asia Stella Awards 2026

KUALA LUMPUR, Aug 19 (Bernama) -- Malaysia has clinched the Best Meetings Destination (Asia) 2026 award at the M&C Asia Stella Awards 2026, further strengthening the country’s position as a preferred destination for international meetings and business events in Asia.

SC's Role Is Crucial In Overseeing TH Investments

By Nor Baizura Basri

KUALA LUMPUR, Aug 19 (Bernama) — The role of the Securities Commission Malaysia (SC) as it undertakes to oversee and assume a supervisory framework over the types of investments Lembaga Tabung Haji (TH) makes in line with its policy of balancing returns, protecting capital and ensuring sufficient liquidity to fulfil its haj mandate is crucial, an academic said.

MIFC Business Network To Strengthen Islamic Finance Ecosystem

KUALA LUMPUR, Aug 19 (Bernama) -- The Malaysia International Islamic Financial Centre (MIFC) initiative is entering its next phase of development with the establishment of the MIFC Business Network (MBN).

FBM KLCI Futures Mostly Higher In Early Trade

KUALA LUMPUR, Aug 19 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives opened mostly higher on Wednesday.

Bursa Malaysia Opens Lower On Profit-taking Amid Geopolitical Uncertainties

KUALA LUMPUR, Aug 19 (Bernama) --  Bursa Malaysia opened lower on Wednesday, weighed down by profit-taking following the previous session’s gains, amid ongoing geopolitical uncertainties.

Tabung Haji: Depositor Trust Comes First, Dividends Are Not Everything

By Norsyafawati Ab Wahab

KUALA LUMPUR, Aug 19 (Bernama) -- As depositors, Muslims should reaffirm their understanding of the fundamental principle behind the establishment of Lembaga Tabung Haji (TH), which was created to help Muslims manage their savings for the purpose of performing the Hajj, rather than treating dividend announcements as the primary measure of the institution’s performance.

Ringgit Opens Higher Vs US Dollar As Fed Rate Hike Expectations Ease

KUALA LUMPUR, Aug 19 (Bernama) -- The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its September meeting has receded, an economist said.