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Putrajaya Perdana Acquisition Approval Took Place While The Company Was Under Jho Low’s Control

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

Tabung Haji Stable, Growing Stronger - MoF

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) current position is stable and increasingly stronger, following an increase in assets that exceed liabilities, depositors’ savings, and the distribution rate, said the Ministry of Finance (MOF).

CGC Awards 2025 Honours MSME Resilience, Bumiputera Participation

KUALA LUMPUR, Aug 11 (Bernama) -- The 31st CGC Awards 2025 honoured 32 outstanding achievements by Malaysia’s micro, small and medium enterprises (MSMEs) and key players in the financial ecosystem.

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.

Casuarina Meru Eyes 62 Pct Occupancy Rate, Launches Loyalty Programme

IPOH,  Aug 11 (Bernama) -- Casuarina Meru Sdn Bhd is targeting an overall occupancy rate of 62 per cent for its four-star Hotel Casuarina@Meru this year, driven by positive domestic tourism growth and sustained visitor arrivals.

MR DIY 2Q 2026 Net Profit Falls To RM134.40 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- MR DIY Group (M) Bhd posted a lower net profit of RM134.40 million for the second quarter of financial year 2026 (2Q FY2026) ended June 30, 2026 from RM158.58 million in the corresponding quarter of the preceding year.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

Tabung Haji Investment Losses Not All Due To Misconduct – Aminuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Port Dickson Member of Parliament Datuk Seri Aminuddin Harun stated that discussions regarding investments by Lembaga Tabung Haji (TH) must be conducted fairly, as every investment carries risks, and not all losses incurred are due to misconduct.

Tengku Zafrul Calls For Stronger ASEAN Cooperation To Bolster Energy Security

KUALA LUMPUR, Aug 11 (Bernama) -- ASEAN needs stronger regional cooperation to bolster energy security and address the capital coordination challenges facing the region’s energy transition, said Malaysian Investment Development Authority (MIDA) chairman Tengku Datuk Seri Zafrul Abdul Aziz.

SD Guthrie 2Q Net Profit Rises To RM987 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- SD Guthrie Bhd’s (Guthrie) net profit for the second quarter of 2026 (2Q 2026) ended June 30 jumped to RM987 million from RM505 million in 2Q 2025.

TH Needs To Reduce Reliance On UJSB Sukuk Income – Bentong MP

KUALA LUMPUR, Aug 11 (Bernama) -- The government has been asked to detail steps to reduce  Lembaga Tabung Haji's (TH) reliance on income from Urusharta Jamaah Sdn Bhd's (UJSB) sukuk, which, according to the Royal Commission of Inquiry (RCI) Report, contributes nearly 26 per cent of the institution's annual income.

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.