Corporate News


  • Filter by

Govt mulls takeover of NexG’s MyKad, passport supplier unit

PETALING JAYA: NexG Bhd says the Malaysian Government has requested an indicative price for the possible acquisition of its wholly-owned subsidiary Datasonic Technologies Sdn Bhd (DTSB), which the group regards as its core business and "crown jewel".

Kelington posts higher 2Q26 earnings

PETALING JAYA: Kelington Group Bhd posted a higher net profit of RM41.34mil for its second quarter ended Jun 30, 2026 (2Q26), compared to RM32.89mil a year earlier.

George Kent off to positive start to FY27

PETALING JAYA: George Kent (M) Bhd returned to the black in the first quarter ended June 30, 2026 (1Q27), posting a net profit of RM279,000 compared with a net loss of RM8.1mil in 1Q26.

DKSH records higher net profit of RM32.27mil in 2Q26

KUALA LUMPUR: DKSH Holdings (Malaysia) Bhd posted a higher net profit of RM32.27 million for the second quarter ended June 30, 2026 (2Q 2026) compared with RM23.94 million in 2Q 2025. 

Sports Toto subscribes for RM17mil in Berjaya Yokohama sukuk

KUALA LUMPUR: Sports Toto Bhd (SPToto) has invested RM17mil in Islamic medium-term notes (IMTN) issued by Berjaya Yokohama Sdn Bhd, a subsidiary of Berjaya Corp Bhd.

7-Eleven Malaysia cautiously optimistic on 2H26 outlook

KUALA LUMPUR: 7-Eleven Malaysia Holdings Bhd remains cautiously optimistic about the second half of 2026, supported by continued domestic consumption.

Genting sees uncertain global outlook amid geopolitical, macro risks

PETALING JAYA: Genting Bhd expects the global economic environment to remain uncertain, as renewed geopolitical tensions in the Middle East and macroeconomic risks continue to weigh on the growth outlook.

Malaysian Pacific Industries posts higher FY26 net profit of RM188mil

KUALA LUMPUR: Malaysian Pacific Industries Bhd's net profit for the financial year ended June 30, 2026 (FY2026) increased to RM188.04 million from RM153.78 million last year on the back of higher revenue.

DNeX proposes US$35mil sale of FPSO Excalibur to MISC

KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) has proposed to dispose of its floating production storage and offloading (FPSO) vessel, Excalibur, to MISC Bhd for US$35mil (RM142.2mil) cash.

Telekom Malaysia posts lower net profit of RM365.5mil in 2Q

KUALA LUMPUR: Telekom Malaysia Bhd (TM) posted a lower net profit of RM365.48 million for the second quarter ended June 30, 2026 (2Q 2026), compared with RM402.97 million in the corresponding quarter last year.