Keyfield Announces US$24.7 Mln Inai Kenanga Acquisition

KUALA LUMPUR, Aug 27 (Bernama) -- Keyfield International Bhd has acquired Inai Kenanga, a mega trailing suction hopper dredger, for a cash consideration of US$24.7 million (US$1=RM4.02). 

Mainland China Postgraduates At UKM Help Empower Special Needs Students

KUALA LUMPUR, Aug 27 (Bernama) -- A group of postgraduate students from mainland China at Universiti Kebangsaan Malaysia (UKM) is helping to economically empower special needs students from a school in Ampang, Selangor, with skills that will help them find employment and improve their economic status.

Petronas Gas 2Q Net Profit Rises To RM453.33 Mln

KUALA LUMPUR, Aug 26 (Bernama) -- 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.

Bursa Malaysia Ends Higher As YTL, Banking Counters Lift Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said.

KLCC Property 2Q Net Profit Rises To RM204.42 Mln

KUALA LUMPUR, Aug 26 (Bernama) --  KLCC Property Holdings Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased to RM204.42 million from RM200.45 million a year earlier.

Mah Sing Acquires 14.37 Acres Of Ampang Land For RM186.17 Mln

KUALA LUMPUR, Aug 26 (Bernama) -- Mah Sing Group Bhd’s wholly owned subsidiary Capitol Avenue Development Sdn Bhd has entered into conditional sale and purchase agreements to acquire several parcels of land in Ampang for a total consideration of RM186.17 million.

Nessum Technology Expands Into HVAC, Smart Grid Applications

KUALA LUMPUR, Aug 26 (Bernama) -- Nessum Alliance has expanded Nessum technology in commercial heating, ventilation, and air conditioning (HVAC) and smart grid applications through deployments by Alliance members Daikin Industries Ltd and Power Plus Communications AG (PPC).

Coventry’s LILY Programme Reaches US$1 Bln In Life Insurance-Backed Financing

KUALA LUMPUR, Aug 26 (Bernama) -- Coventry has announced the successful completion of its fourth asset-backed securitisation since April 2025 under its LILY programme, bringing total life insurance-backed financing across the platform to US$1 billion. (US$1=RM4.03)

Bank Islam Net Profit Up 9.8 Pct To RM139.12 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads. 

Kuala Lumpur Kepong Shares Down 0.45 Pct In Early Trade

KUALA LUMPUR, Aug 26 (Bernama) -- Kuala Lumpur Kepong Bhd’s (KLK) share price slid 0.45 per cent in early trade today, following a recent third-quarter (3Q FY2026) net loss for the current financial year.

Shipping, Logistics Ecosystem Needs Investment To Keep Pace With Cargo Growth -- SAM

KUALA LUMPUR, Aug 26 (Bernama) -- Malaysia needs to address the lack of investment across its shipping and logistics ecosystem as gateway cargo grows while capacity in supporting industries shrinks, said Shipping Association Malaysia (SAM) chairman Ooi Lean Hin.

Malaysia Carves Premium Niche In Asia's Digital-Infra Race - Economist

By Nor Baizura Basri

KUALA LUMPUR, Aug 25 (Bernama) -- Malaysia is carving out a premium niche in Asia's digital-infrastructure race, combining scalable power, connectivity, execution speed, industrial depth and hyperscale capital, says an economist.