CIMB 2Q Net Profit Rises To RM1.94 Bln, Declares 19.65 Sen Dividend

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.

Ringgit Ends Higher Ahead Of Fed Chair’s Jackson Hole Remarks

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit ended higher against the greenback and major currencies on Friday ahead of US Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

Enhanced BioNexus Status Strengthens Malaysia’s Biotechnology Ecosystem

KUALA LUMPUR, Aug 28 (Bernama) -- The enhanced BioNexus Status framework strengthens Malaysia’s position as a platform for growing biotechnology companies by expanding support and responding to the industry’s evolving needs.

Malaysia Secures RM218.5 Bln In Approved Investments In 1h 2026 - MIDA

KUALA LUMPUR, Aug 28 (Bernama) -- Malaysia secured RM218.5 billion in approved investments in the first half of 2026 (1H 2026), up 11.7 per cent from RM195.5 billion in the same period last year, according to the Malaysian Investment Development Authority (MIDA).

Sapient Intelligence Launches Autonomous AI R&D System PRAXIST

KUALA LUMPUR, Aug 28 (Bernama) -- Sapient Intelligence has launched PRAXIST (Beta), an autonomous artificial intelligence (AI) research and development (R&D) system that takes on complex technical problems and independently tests and validates potential solutions.

OSK Posts Higher Net Profit Of RM143.41 Mln In Second Quarter

KUALA LUMPUR, Aug 28 (Bernama) -- OSK Holdings Bhd posted a slightly higher net profit of RM143.41 million in the second quarter ended June 30, 2026 (2Q 2026), compared with RM142.00 million in the corresponding quarter last year.

Ringgit Opens Higher Against US Dollar

KUALA LUMPUR, Aug 28 (Bernama) -- The ringgit opened higher against the US dollar on Friday amid cautious sentiment ahead of signals from the United States Federal Reserve (US Fed) at the annual Jackson Hole Symposium, said an analyst. 

KSL 2Q Net Profit Climbs To RM115.73 Mln On Resilient Property Demand

KUALA LUMPUR, Aug 27 (Bernama) -- KSL Holdings Bhd’s net profit increased to RM115.73 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM113.06 million in the same quarter a year ago. 

Sunway 2Q Net Profit Rises To RM318.59 Mln On Stronger Operations

KUALA LUMPUR, Aug 27 (Bernama) -- Sunway Bhd’s net profit for the second quarter of 2026 (2Q 2026) ended June 30, 2026 rose to RM318.59 million from RM272.95 million in the same quarter last year mainly due to stronger operating performance across most of the business segments except for construction, trading and manufacturing segments.

IOI Proeprties Posts Higher FY2026 Net Profit Of RM2.15 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- IOI Properties Bhd’s net profit for the financial year ended June 30, 2026 (FY2026) rose to RM2.15 billion from RM1.06 billion last year, while revenue grew 45 per cent to RM4.44 billion from FY2025’s RM3.06 billion.

IOI Properties Posts Higher FY2026 Net Profit Of RM2.15 Bln

KUALA LUMPUR, Aug 27 (Bernama) -- IOI Properties Bhd’s net profit for the financial year ended June 30, 2026 (FY2026) rose to RM2.15 billion from RM1.06 billion last year, while revenue grew 45 per cent to RM4.44 billion from FY2025’s RM3.06 billion.

Ringgit Ends Lower Against Greenback On Cautious Sentiment Ahead Of Fed Meeting

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 27 (Bernama) -- The ringgit ended lower against the greenback on Thursday amid cautious sentiment ahead of the US Federal Reserve’s (Fed) Jackson Hole symposium.