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ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

Services Sector Revenue Up 11.2 Pct To RM714.7 Bln In 2Q 2026 - DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- The services sector expanded by 11.2 per cent year-on-year (y-o-y) in the second quarter of 2026 (2Q 2026), with revenue reaching RM714.7 billion, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Stays Higher At Midday

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia continued its positive tone at midday, supported by gains in heavyweight utility and industrial products counters.

Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by bargain hunting following yesterday’s losses and renewed buying interest in selected heavyweight counters, although cautious sentiments abound due to Wall Street’s weaker overnight performance.

The Government Always Services Its Debts - Amir Hamzah

KUALA LUMPUR,  Aug 11 (Bernama) –-  The government always ensures that its debts are repaid, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

CPO Futures Rally Above RM4,750 A Tonne On Stronger Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,750 per tonne on stronger crude oil prices amid escalating conflict in West Asia.

TH Posts Almost RM13 Bln In Losses From 14 Investments, Seven of Which 100 Pct Losses - Amir Hamzah

By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Ends Lower On Higher Oil Prices, Geopolitical Concerns

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia ended lower on Tuesday, as renewed gains in crude oil prices and persistent geopolitical concerns weighed on investor sentiment.

Competitive Labour Costs, Skilled Workforce Boost Malaysia's Foreign Investor Appeal - CEO

KUALA LUMPUR, Aug 11 (Bernama) -- Malaysia's competitive labour costs, low land prices and strong human resources have made the country investor-friendly, said Hong Kong-listed Far East Consortium International Ltd. 

HE Group Accepts LOI For Johor Data Centre Electrical Works Worth RM47 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- HE Group Bhd’s wholly owned subsidiary, Hexatech Engineering Sdn Bhd, has accepted a letter of intent (LOI) to proceed with the supply and installation of 275-kilovolt (kV) electrical works for a data centre in Johor, valued at approximately RM47 million.

MN Holdings Shares Rise On TNB Contract Win

KUALA LUMPUR, Aug 11 (Bernama) -- MN Holdings Bhd's share price rose today after the company announced that its wholly owned subsidiary, MN Utilities Engineering Sdn Bhd, secured a works contract from Tenaga Nasional Bhd (TNB) worth RM122.31 million.

Bursa Malaysia Stays Lower At Midday

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia remained lower at midday, weighed down by declines in the financial services, utilities, and plantation counters.