TH's RM11.5 Bln Sukuk Not A New Bailout - Nungsari

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 22 (Bernama) -- The RM11.5 billion sukuk issued by Urusharta Jamaah Sdn Bhd (UJSB) is a rollover of the maturing sukuk arising from the original Tabung Haji (TH) bailout, rather than a new one, said economist Dr Nungsari Ahmad Radhi.

MATRADE's Cambodia Export Mission Surpasses Target To Record RM186 Mln In Sales

KUALA LUMPUR, Aug 21 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) has recorded RM186 million in sales for its Export Acceleration Mission (EAM) to Cambodia, surpassing the initial target of RM100 million.

NexG Shares Rise 3.03 Pct In Early Trade

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd’s share price rose 3.03 per cent in the early trade on Friday, following the company’s clarification on the government’s request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB).

Research Houses Positive On FBM KLCI Expansion To 50 Constituents

KUALA LUMPUR, Aug 21 (Bernama) -- Research houses are positive on the expansion of the FTSE Bursa Malaysia KLCI (FBM KLCI) from 30 to 50 constituents, believing that the move would provide broader market representation and greater sector diversification.

NexG Clarifies RM7.5 Bln Indicative Price For Possible DTSB’s Acquisition By Govt

KUALA LUMPUR, Aug 21 (Bernama) -- NexG Bhd today clarified that the request for an indicative price for the possible acquisition of its wholly owned subsidiary, Datasonic Technologies Sdn Bhd (DTSB), by the government was made by the Ministry of Finance (MOF) last month.

Vale To Maintain 20 Mln Tonnes Of Iron Ore Transshipment Through Malaysia

IPOH, Aug 20 (Bernama) -- Vale Malaysia Minerals Sdn Bhd aims to maintain its annual transshipment volume of approximately 20 million tonnes of iron ore from its Teluk Rubiah, Manjung distribution hub in Perak, driven by steady demand across the Asia-Pacific region.

NexG Assesses Datasonic Technologies Value At RM7.5 Bln 

KUALA LUMPUR, Aug 20 (Bernama) -- NexG Bhd says its wholly owned subsidiary Datasonic Technologies Sdn Bhd (DTSB), which is the provider of the MyKad national identity card, is currently valued at RM7.5 billion following the government's request for an indicative price.

PM Orders Probe Into Khazanah Subsidiary, Seeks To Uncover Potential Financial Irregularities

KLANG, Aug 20 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim has ordered a comprehensive investigation into Xeraya Capital, a wholly owned subsidiary of Khazanah Nasional Bhd, to identify any potential financial irregularities.

Telekom Malaysia Posts Net Profit Of RM365.48 Mln In 2Q, Declares 7.0 Sen Dividend

KUALA LUMPUR, Aug 20 (Bernama) -- 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.

Malaysia Airlines Confirms Flight MH89 Cancelled After Technical Issue, All Onboard Safe

By Kisho Kumari Sucedaram

KUALA LUMPUR, Aug 20 (Bernama) -- Malaysia Airlines today confirmed that flight MH89, bound for Kuala Lumpur from Tokyo Narita International Airport, discontinued takeoff this morning following a technical issue involving one of its engines.

Segamat Inland Port Targets More Than 6,000 TEUs Until Year-End

By Kamarul Halim M Kamal

SEGAMAT, Aug 20 (Bernama) -- Segamat Inland Port (SIP) aims to handle over 6,000 twenty-foot equivalent units (TEUs) of containers by the end of this year, following the resumption of its operations in late June.

Ryt Bank Marks First Anniversary With 1.5 Mln Customers

KUALA LUMPUR, Aug 20 (Bernama) -- Ryt Bank has marked its first anniversary with more than 1.5 million customers, making it Malaysia's largest digital bank within its first year of operations.