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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.

Khazanah Deploys RM15 Bln Under GEAR-uP Initiative - Amirul Feisal

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has deployed RM15 billion to date of its RM25 billion five-year domestic investment commitment under the Ministry of Finance’s GEAR-uP initiative. 

E&O's Net Profit Rises To RM58.11 Mln In 1Q FY2027

KUALA LUMPUR, Aug 24 (Bernama) -- Eastern & Oriental Bhd’s (E&O) net profit rose to RM58.11 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM45.41 million in 1Q FY2026.

MATRADE Raises MIHAS 2026 Sales Target To RM5 Bln

KUALA LUMPUR, Aug 24 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has raised its sales target for the 22nd Malaysia International Halal Showcase (MIHAS 2026) to RM5 billion from RM4.5 billion, following strong interest from international buyers.

Malaysian Pacific Industries’ AI-related Revenue To Exceed RM500 Mln Annually - CIMB Securities

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysian Pacific Industries Bhd’s (MPI) revenue is expected to exceed RM500 million annually by financial year 2027 (FY2027), driven by artificial intelligence (AI)-related products, according to CIMB Securities Sdn Bhd.

Shape Memory Medical Closes US$10 Mln Financing For Clinical Trials

KUALA LUMPUR, Aug 24 (Bernama) -- Shape Memory Medical Inc, a California-based global medical device company, has closed a US$10 million convertible note financing led by new investor August Global Partners (AGP), joined by fellow new investor Taiwania Capital. (US$1=RM4.03)

Malaysia’s Leading Index Rises 1.3 Pct In June

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s Leading Index (LI) rose 1.3 per cent year-on-year (y-o-y) to 114.8 points in June 2026 from 113.3 points a year earlier, indicating that the country’s near-term economic prospects remain positive.

Bursa Malaysia Stays Flat At Midday As Investors Assess Earnings And Corporate Outlook

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia remained flat at midday as investors stayed cautious amid the ongoing earnings season, closely monitoring earnings delivery, asset quality trends and the corporate outlook.

PNB Merdeka Ventures Launches First Merdeka Film ‘Gapai’

KUALA LUMPUR, Aug 24 (Bernama) -- Permodalan Nasional Bhd’s (PNB) wholly owned subsidiary, PNB Merdeka Ventures Sdn Bhd (PNBMV), has launched its first-ever Merdeka film, GAPAI, in conjunction with the Merdeka celebrations to commemorate and honour the spirit of independence.

Sarawak Plantation's Shares Up 4.62 Pct At Mid-Morning

KUALA LUMPUR, Aug 24 (Bernama) -- Sarawak Plantation’s share price rose 4.62 per cent at mid-morning, following its announcement of a higher net profit for the second quarter ended June 30, 2026 (2Q 2026), recently.

Utilities, Transportation, Healthcare Draw RM230.2 Mln Net Inflows - MBSB IB

KUALA LUMPUR, Aug 24 (Bernama) -- Utilities, transportation and logistics, and healthcare attracted combined net foreign inflows of RM230.2 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

Kiddocare's On-Demand Babysitting Service Builds Trust With Over 100,000 Families

By Zufazlin Baharuddin

KUALA LUMPUR, Aug 24 (Bernama) -- Flexible babysitting whenever parents need it is the most valuable service Kiddocare Sdn Bhd offers, giving parents greater convenience and one less thing to worry about.