Maybank To Fully Own Maybank Ageas Holdings In RM4.83 Bln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into an Implementation Agreement (IA) with Ageas Insurance International NV (Ageas) to acquire the remaining 30.95 per cent stake in Maybank Ageas Holdings Bhd (MAHB) for RM4.83 billion, paving the way for full ownership of the insurance and takaful holding company.

Maker Recipe To Boost Local Position, Aims To Go Global With RM1.7 Mln Investment

Rhoma Ahmad Razali

JITRA, Aug 3 (Bernama) -- Local spice producer Maker Recipe Sdn Bhd plans to go global with its traditional spice brand, Cap O, within the next three years with an investment of RM1.7 million.

AmBank Shares Surge 3.25 Pct On WT29 Strategic Shift

KUALA LUMPUR, Aug 3 (Bernama) -- AMMB Holdings Bhd’s share price surged 3.25 per cent on expectations that its strategic shift towards higher-return segments and disciplined capital allocation would drive sustainable return-on-equity expansion.

F&N 3Q Net Profit Rises To RM93.58 Mln On Lower Tax Expense

KUALA LUMPUR, July 31 (Bernama) -- Fraser & Neave Holdings Bhd’s (F&N) net profit rose to RM93.58 million in the third quarter ended June 30, 2026 (3Q FY2026) compared to RM84.82 million in the same period a year ago, arising from lower tax expense for the quarter.

Rubber Market Ends Mixed On Positive Global Data, Lower Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, July 31 (Bernama) -- The Kuala Lumpur rubber market ended mixed on Friday, supported by positive global economic data, a dealer said.

Riyadh Air Begins Direct Flights To Kuala Lumpur, Its First Gateway Into Southeast Asia

KUALA LUMPUR, July 31 (Bernama) -- Riyadh Air has launched direct flights between Riyadh and Kuala Lumpur, making the Malaysian capital its first gateway into Southeast Asia.

Bursa Malaysia Shares Ease After Reporting Higher 2Q Profit

KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia Bhd's share price slipped in early trade despite the exchange operator reporting higher net profit for the second quarter ended June 30, 2026 (2Q FY2026).

Bursa Malaysia To Unveil 2027-2030 Strategic Roadmap In Fourth Quarter

KUALA LUMPUR, July 30 (Bernama) — Bursa Malaysia Bhd is set to unveil its strategic roadmap for 2027-2030 in the fourth quarter of this year (4Q 2026), outlining initiatives to accelerate market growth, diversify revenue streams and strengthen the exchange’s long-term competitiveness.

Malaysia Benefits From Global Supply Chain Shift, Needs Stronger Value-Added Exports

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, July 30 (Bernama) -- Malaysia's record trade performance in 2025 reflects its position as a strategic trade and manufacturing hub amid global supply chain realignment, although the country needs to strengthen domestic value-added exports to sustain long-term competitiveness, said AmBank Group chief economist Firdaos Rosli.

Bursa Malaysia 2Q Net Profit Rises To RM71.77 Mln, 16.5 Sen Dividend Declared

KUALA LUMPUR, July 30 (Bernama) -- Bursa Malaysia Bhd’s net profit for the second quarter of the financial year ending Dec 31, 2026 (2Q FY2026) increased to RM71.77 million from RM57.05 million a year earlier.

Malaysia's 2025 Total Trade Exceeded RM3 Trillion, Its Highest -- DOSM

KUALA LUMPUR, July 30 (Bernama) -- Malaysia recorded strong trade performance in 2025, with total trade up by 6.3 per cent, or RM182.4 billion, to RM3.1 trillion year-on-year (y-o-y) in line with the rise in both exports (6.6 per cent) and imports (6 per cent).

IJM Chairman Krishnan Tan To Step Down After Four Decades

KUALA LUMPUR, July 29 (Bernama) -- IJM Corporation Bhd chairman Tan Sri Krishnan Tan will step down after more than four decades with the group, as he will not seek re-election at the company's annual general meeting (AGM) on Aug 27.