KLK Posts RM1.34 Bln Net Loss In 3Q On RM1.62 Bln Impairment Loss

KUALA LUMPUR, Aug 24 (Bernama) -- Kuala Lumpur Kepong Bhd (KLK) posted a net loss of RM1.34 billion in the third quarter of 2026 compared with a net profit of RM346.59 million in the same quarter a year ago after accounting for a RM1.62 billion impairment loss on investment in an overseas associate, United Kingdom-listed Synthomer plc.

KLCI Futures End Mostly Higher

KUALA LUMPUR, Aug 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed mostly higher on Monday.

Zetrix AI Posts Higher Net Profit Of RM269.25 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Zetrix AI Bhd posted a higher net profit of RM269.25 million in the second quarter ended June 30, 2026 (2Q 2026), from RM199.15 million in the corresponding quarter last year.

Geohan Secures RM37 Mln High-rise Residential Contract

KUALA LUMPUR, Aug 24 (Bernama) -- Geohan Corporation Bhd’s wholly owned subsidiary Geohan Sdn Bhd has secured a letter of award (LoA) for a RM37 million contract from Chin Hin Property (Segambut) Sdn Bhd, a subsidiary of Chin Hin Group Property Bhd.

Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.

Batu Kawan Posts RM653.16 Mln Net Loss In 3Q On RM1.62 Bln Impairment

KUALA LUMPUR, Aug 24 (Bernama) --Batu Kawan Bhd reported a net loss of RM653.16 million in the third quarter (3Q) of 2026, which ended on June 30, 2026, compared to a net profit of RM182.92 million from the same period a year earlier.

Trang, Malay Chamber Of Commerce Kedah Chapter Organise Networking Event

ALOR SETAR, Aug 24 (Bernama) -- The Malay Chamber of Commerce Malaysia (DPMM) Kedah and the Trang Chamber of Commerce and Industry, Thailand, have organised a business matching and networking programme (B2B) to strengthen the cross-border economy, particularly in the tourism and halal industries.

Bursa Malaysia Ends Flat As Market Awaits Earnings For Direction

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said.

Bank Muamalat Opens New Branch In Kuala Selangor

SHAH ALAM,  Aug 24 (Bernama) --  Bank Muamalat Malaysia Berhad (Bank Muamalat) continues to expand access to Islamic banking services with the official opening of its Kuala Selangor branch today.

Rubber Market Ends Higher On Regional Futures Strength

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 24 (Bernama) -- The rubber market ended higher on Monday, supported by an uptrend in regional rubber futures markets, said a dealer.

TH Governance Crucial, With Wider Implications For Domestic Market - Akmal Nasrullah

KUALA LUMPUR, Aug 24 (Bernama) -- The strengthening of the governance of Lembaga Tabung Haji (TH) is important from an economic perspective, taking into account the role and scale of the institution which manages the trust of more than 9.8 million depositors and holds a significant position as an institutional investor in the domestic economy.

Khazanah Seeks More Startups To Scale Via Dana Impak After Skyechip Success

By Karina Imran & Nabilah Saleh

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has seen strong participation from venture capital players in SkyeChip Bhd’s growth and hopes more Malaysian start-ups will take similar steps to scale and tap funding opportunities under its Dana Impak programme.