KLK Posts RM1.34 Bln Net Loss In 3Q On RM1.62 Bln Impairment Loss

KUALA LUMPUR, Aug 24 (Bernama) -- Kuala Lumpur Kepong Bhd (KLK) posted a net loss of RM1.34 billion in the third quarter of 2026 compared with a net profit of RM346.59 million in the same quarter a year ago after accounting for a RM1.62 billion impairment loss on investment in an overseas associate, United Kingdom-listed Synthomer plc.

Geohan Secures RM37 Mln High-rise Residential Contract

KUALA LUMPUR, Aug 24 (Bernama) -- Geohan Corporation Bhd’s wholly owned subsidiary Geohan Sdn Bhd has secured a letter of award (LoA) for a RM37 million contract from Chin Hin Property (Segambut) Sdn Bhd, a subsidiary of Chin Hin Group Property Bhd.

Sime Darby Property's 2Q Net Profit Rises To RM322.03 Mln

KUALA LUMPUR, Aug 24 (Bernama) -- Sime Darby Property Bhd’s net profit rose to RM322.03 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM143.54 million in the same quarter a year ago.

Batu Kawan Posts RM653.16 Mln Net Loss In 3Q On RM1.62 Bln Impairment

KUALA LUMPUR, Aug 24 (Bernama) --Batu Kawan Bhd reported a net loss of RM653.16 million in the third quarter (3Q) of 2026, which ended on June 30, 2026, compared to a net profit of RM182.92 million from the same period a year earlier.

Rubber Market Ends Higher On Regional Futures Strength

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 24 (Bernama) -- The rubber market ended higher on Monday, supported by an uptrend in regional rubber futures markets, said a dealer.

Khazanah Deploys RM15 Bln Under GEAR-uP Initiative - Amirul Feisal

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has deployed RM15 billion to date of its RM25 billion five-year domestic investment commitment under the Ministry of Finance’s GEAR-uP initiative. 

APAC Reinsurers Post 4.0 Pct Revenue Growth In 2025 - AM Best

KUALA LUMPUR, Aug 24 (Bernama) -- AM Best’s composite of Asia-Pacific (APAC) reinsurance companies reversed a revenue decline from the previous year, posting a 4.0 per cent increase in net insurance service revenue in 2025, driven primarily by overseas business.

E&O's Net Profit Rises To RM58.11 Mln In 1Q FY2027

KUALA LUMPUR, Aug 24 (Bernama) -- Eastern & Oriental Bhd’s (E&O) net profit rose to RM58.11 million in the first quarter ended June 30, 2026 (1Q FY2027) from RM45.41 million in 1Q FY2026.

Petronas Dagangan Net Profit Rises To RM387.21 Mln In 2Q 2026, Declares 25 Sen Dividend

KUALA LUMPUR, Aug 24 (Bernama) -- Petronas Dagangan Bhd’s net profit rose to RM387.21 million in the second quarter ended June 30, 2026 (2Q 2026) compared to RM265.53 million in the same quarter a year ago.

McDonald’s Malaysia, TNB Deepen Clean Energy Partnership

BATU KAWAN, Aug 24 (Bernama) – McDonald’s Malaysia is expanding its renewable energy partnership with the Tenaga Nasional Berhad (TNB) through rooftop solar installations, renewable electricity sourcing and electric vehicle (EV) charging facilities as part of efforts to strengthen sustainability across its restaurant network.

Malaysia’s Leading Index Rises 1.3 Pct In June

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia’s Leading Index (LI) rose 1.3 per cent year-on-year (y-o-y) to 114.8 points in June 2026 from 113.3 points a year earlier, indicating that the country’s near-term economic prospects remain positive.

Sarawak Plantation's Shares Up 4.62 Pct At Mid-Morning

KUALA LUMPUR, Aug 24 (Bernama) -- Sarawak Plantation’s share price rose 4.62 per cent at mid-morning, following its announcement of a higher net profit for the second quarter ended June 30, 2026 (2Q 2026), recently.