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MNRB Holdings Shares Up 9.7 Pct On Takaful Business Divestment

KUALA LUMPUR, Aug 5 (Bernama) -- MNRB Holdings Bhd’s share price skyrocketed 9.7 per cent on Wednesday morning after it announced the divestment of its takaful business to Bank Rakyat for RM1.64 billion in cash.

SunCon Shares Up 4.38 Pct After Securing RM1.02 Bln Data Centre Project

KUALA LUMPUR, Aug 5 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) share price soared 4.38 per cent on Wednesday morning after it recently secured a data centre development in Johor worth RM1.02 billion.

Ringgit Opens Slightly Higher Versus Greenback Amid Soft US Data

KUALA LUMPUR, Aug 5 (Bernama) -- Ringgit opened slightly higher against the US dollar on Wednesday, supported by weaker-than-expected US economic data that weighed on the greenback.

EU-CBAM Implementation Costs For Malaysia's Iron, Steel Industry Could Reach RM970.7 Mln In 2026

KUALA LUMPUR, Aug 4 (Bernama) -- A study by the Malaysian Steel Institute (MSI) estimates that costs associated with implementing the European Union’s Carbon Border Adjustment Mechanism (EU-CBAM) could reach RM970.7 million for Malaysia’s iron and steel industry in 2026, with the cost expected to rise progressively in subsequent years.

Free Industrial Zone Exports Reach RM106.7 Bln In 1H 2026 - MITI

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia’s Free Industrial Zones (FIZs) recorded exports worth RM106.7 billion in the first half of 2026 (1H 2026), reflecting continued strong growth momentum.

IILM Achieves Record US$7.4 Bln Outstanding Sukuk Portfolio

KUALA LUMPUR, Aug 4 (Bernama) -- The International Islamic Liquidity Management Corporation (IILM) has achieved a new record outstanding sukuk portfolio of US$7.4 billion following the issuance and reissuance of US$1.192 billion of short-term sukuk today.

Malaysia Needs More National Champions To Drive Regional Growth - Amir Hamzah

KUALA LUMPUR, Aug 4 (Bernama) -- Malaysia needs more companies capable of progressing from promising enterprises into national champions and eventually regional leaders, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Vantris Energy Secures Contracts Worth RM830 Mln, Order Book Exceeds RM6 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- Vantris Energy Bhd had secured contracts worth RM830 million for transportation, installation and tender-assisted drilling rig (TADR) services in Malaysia.

MNRB To Divest Takaful Ikhlas Units To Bank Rakyat’s Subsidiary For RM1.64 Bln

KUALA LUMPUR, Aug 4 (Bernama) -- MNRB Holdings Bhd has proposed to divest its 100 per cent equity interest in its wholly-owned units, Takaful Ikhlas Family Bhd (Takaful IKHLAS Family) and Takaful Ikhlas General Bhd (Takaful IKHLAS General), to Rakyat Nominees Sdn Bhd for RM1.64 billion in cash, subject to adjustments.

Capital A Announces Growth Across Key Segments In 2Q 2026

KUALA LUMPUR, Aug 4 (Bernama) -- Investment holding company Capital A Bhd recorded growth across several key business segments in the second quarter (2Q) of 2026, driven by stronger performance in its engineering, logistics and travel-platform businesses.

Kioxia To Demonstrate AI Storage Technologies At FMS 2026

KUALA LUMPUR, Aug 4 (Bernama) -- Kioxia group announced it will showcase its flash memory and solid-state drive (SSD) technologies, including the KIOXIA GP1 Series PCIe 6.0 NVMe Super High IOPS SSDs optimised for graphics processing unit (GPU) direct access, at FMS: The Future of Memory and Storage in Santa Clara, California.

Healthcare, Financial Services Lift Bursa Malaysia Higher At The Close

KUALA LUMPUR, Aug 4 (Bernama) -- Bursa Malaysia closed at its intraday high on Tuesday, with gains led by the financial services and healthcare sectors, as investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, an analyst said.