Kerjaya Prospek Buys Additional 19.18 Pct Stake In ES Sunlogy For RM40.18 Mln

KUALA LUMPUR, Aug 14 (Bernama) -- Kerjaya Prospek Group Bhd has acquired an additional 19.18 per cent stake in ACE Market-listed ES Sunlogy Bhd for RM40.18 million cash, strengthening its position in the mechanical and electrical engineering and renewable energy sectors.

Ringgit Opens Higher Against Major, ASEAN Currencies Ahead Of 2Q GDP Announcement

KUALA LUMPUR, Aug 14 (Bernama) -- The ringgit opened higher against major and ASEAN currencies ahead of Malaysia's gross domestic product (GDP) announcement for the second quarter of 2026 (2Q 2026) today, an economist said. 

Northern Trust Expands Fund Administration Mandate With First Sentier In Singapore

KUALA LUMPUR, Aug 13 (Bernama) -- Northern Trust has expanded its relationship with First Sentier Group after being appointed fund administrator for First Sentier Investors Global Growth Funds, a Singapore unit trust offering.

Portfolio Restructuring Enhances TH's Capacity To Generate Consistent Returns

By Nurul Jannah Kamaruddin and Nur Aiman Najwa Dzamae

KUALA LUMPUR, Aug 13 (Bernama) -- Tabung Haji (TH) is now in a better position to consistently generate returns of between four and five percent -- or even higher -- without assuming excessive risk.

Gold Futures End Higher On Global Fiscal Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, against a broader backdrop of global fiscal concerns, rising government debt burdens and persistent questions over the long-term credibility of sovereign balance sheets.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

Govt Tightens Financial And Investment Measures At Tabung Haji, Ensures Non-Recurrence Of Crisis

By Nor Baizura Basri & Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) — The government’s pledge to leave no stone unturned in strengthening Lembaga Tabung Haji (TH) through stricter policy and regulatory measures to ensure that similar issues do not recur was among the messages at yesterday’s special Dewan Rakyat sitting.

The Government Always Services Its Debts - Amir Hamzah

KUALA LUMPUR,  Aug 11 (Bernama) –-  The government always ensures that its debts are repaid, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

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).

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.

Gold Futures End Higher On Continued PBOC Buying

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by continued buying by the People's Bank of China (PBOC).