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Bursa Malaysia Rebounds At Midday On Resilient Domestic Fundamentals

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia rebounded at midday, with sentiment supported by Malaysia’s resilient domestic fundamentals.

Additional Building Materials Gazetted Under Fourth Schedule Of CIDB Act 520

KUALA LUMPUR, Aug 21 (Bernama) — The Construction Industry Development Board Malaysia (CIDB) has gazetted nine additional construction material products involving 22 standards under the Fourth Schedule of the Construction Industry Development Board Act 1994 (Act 520).

Oppstar Technology, Alphaswift Industries Gain Access To Arm Technology

PUTRAJAYA, Aug 21 (Bernama) -- Two Malaysian companies, Oppstar Technology Sdn Bhd and Alphaswift Industries Sdn Bhd, have gained access to Arm Compute Subsystem (CSS) technology and the Arm Flexible Access (AFA) programme to accelerate integrated circuit design, research and development (R&D), and semiconductor technology development in Malaysia.

LBS Bina Records Net Profit Of RM15.04 Mln In 2Q 2026

KUALA LUMPUR, Aug 21 (Bernama) -- LBS Bina Group Bhd registered a net profit of RM15.04 million for the second quarter ended June 30, 2026 (2Q FY2026) compared with RM27.08 million in 2Q FY2025.

Research Houses Positive On FBM KLCI Expansion To 50 Constituents

KUALA LUMPUR, Aug 21 (Bernama) -- Research houses are positive on the expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents, believing that the move would provide broader market representation and greater sector diversification.

NexG Clarifies RM7.5 Bln Indicative Price For Possible DTSB’s Acquisition By Govt

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd today clarified that the request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), by the government was made by the Ministry of Finance (MOF) last month.

Bursa Malaysia Opens Lower As Profit-taking, Geopolitical Risks Weigh

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened lower on Friday as investors took profits after the previous session’s gains, while persistent geopolitical uncertainties continued to weigh on sentiment.

Ringgit Opens Higher Against Major Currencies, Eases Vs US Dollar

KUALA LUMPUR, Aug 21 (Bernama) -- The ringgit opened higher against most major currencies but eased slightly against the US dollar on Friday as investors turned cautious amid escalating tensions between the United States (US) and Iran, an economist said.

TM Keen To Participate In SALAM Submarine Cable Network Project

KUALA LUMPUR, Aug 20 (Bernama) -- Telekom Malaysia Bhd (TM) is keen to participate in the Sambungan Kabel Dasar Laut MADANI (SALAM) project, said its group chief executive officer Datuk Amar Huzaimi Md Deris.

Malaysia Must Drive Innovation, Develop Higher-value Rubber Products - Noraini

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia should drive innovation by developing more specialised and higher-value rubber products, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Bursa Malaysia, FTSE Russell To Enhance FBM KLCI, FBM 70 Methodologies

KUALA LUMPUR, Aug 20 (Bernama) -- Bursa Malaysia Bhd and London Stock Exchange Group’s (LSEG) wholly owned business division FTSE Russell will collaborate to enhance the methodologies of the FTSE Bursa Malaysia KLCI (FBM KLCI) and FTSE Bursa Malaysia Mid 70 (FBM 70) indices, following a public consultation conducted earlier this year.

NexG Assesses Datasonic Technologies Value At RM7.5 Bln 

KUALA LUMPUR, Aug 20 (Bernama) -- NexG Bhd says its wholly owned subsidiary Datasonic Technologies Sdn Bhd (DTSB), which is the provider of the MyKad national identity card, is currently valued at RM7.5 billion following the government's request for an indicative price.