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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.

VSTECS Shares Rise 3.42 Pct In Early Trade After Firmer 2Q Results

KUALA LUMPUR, Aug 13 (Bernama) -- VSTECS Bhd’s share price rose 3.42 per cent in early trade today after the company announced its net profit for the second quarter of 2026.

Bursa Malaysia Retreats After Opening Higher In Early Trade

KUALA LUMPUR, Aug 13 (Bernama) -- Bursa Malaysia opened higher on Thursday, but retreated thereafter, amid profit-taking after yesterday’s gain, despite Wall Street ending mostly higher overnight.

EITA Resources' Unit Bags RM62.3 Mln Works Contract From Prasarana

KUALA LUMPUR, Aug 12 (Bernama) -- EITA Resources Bhd’s wholly owned subsidiary EITA Elevator (Malaysia) Sdn Bhd has accepted a letter of award (LoA) from Prasarana Malaysia Bhd for a works contract worth RM62.3 million.

Southern Score Builders' Unit Bags RM105 Mln Shah Alam Data Centre Contract

KUALA LUMPUR, Aug 12 (Bernama) -- Southern Score Builders Bhd’s 51 per cent-owned subsidiary, SJEE Engineering Sdn Bhd, has secured a RM105 million subcontract works contract on a data centre project in Puncak Alam, Selangor.

Bursa Malaysia Ends At Intraday High Lifted By Utilities, Petrochemical Stocks

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia ended at its intraday high on Wednesday, buoyed by buying interest in utilities and petrochemical stocks amid elevated crude oil prices.

MIDA, Invest Hong Kong Renew Partnership, Promoting Two-Way Investment Between Malaysia And Hong Kong

KUALA LUMPUR, Aug 12 (Bernama) -- The Malaysian Investment Development Authority (MIDA) and Invest Hong Kong (InvestHK) today renewed their memorandum of understanding (MoU), setting a shared course to capture new investment opportunities across ASEAN, the Greater Bay Area and Mainland China.

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.

RE Players Need More Flexible Risk Assessment To Boost Project Bankability – SEDA

KUALA LUMPUR, Aug 12 (Bernama) -- Securing project bankability and adapting conventional risk assessment approaches are among the challenges facing Malaysia’s renewable energy (RE) sector, despite the availability of green financing and financial institutions’ environmental, social and governance (ESG)  commitments.

Wholesale, Retail Trade Sales Hit RM168.50 Bln In June 2026 -- DOSM

KUALA LUMPUR, Aug 12 (Bernama) -- Malaysia’s wholesale and retail trade increased 10.1 per cent year-on-year (y-o-y) in June 2026, with sales hitting RM168.5 billion, supported by positive growth across all three sub-sectors, according to the Department of Statistics Malaysia (DOSM).

MR DIY Among Most Active Counters Following 2Q Results

KUALA LUMPUR, Aug 12 (Bernama) -- MR DIY Group (M) Bhd’s shares were actively traded in the early trade today after the company posted a lower net profit of RM134.40 million in the second quarter of 2026 (2Q 2026).

Bursa Malaysia Edges Higher In Early Trade

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia opened higher on Wednesday, supported by bargain hunting following yesterday’s losses and renewed buying interest in selected heavyweight counters, although cautious sentiments abound due to Wall Street’s weaker overnight performance.