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.

WCE Holdings To Carefully Assess Southern Link Proposal Within Policy, Funding Framework

PETALING JAYA, Aug 24 (Bernama) --  WCE Holdings Bhd will carefully assess any formal proposal for the proposed Southern Link extension of the West Coast Expressway (WCE), taking into account the prevailing policy, funding and development framework.

Zetrix AI Posts Higher Net Profit Of RM269.25 Mln In 2Q

KUALA LUMPUR, Aug 24 (Bernama) -- Zetrix AI Bhd posted a higher net profit of RM269.25 million in the second quarter ended June 30, 2026 (2Q 2026), from RM199.15 million in the corresponding quarter last year.

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.

WCE Holdings Expects Positive Cash Flow, To Breakeven By Fy2030

PETALING JAYA, Aug 25 (Bernama) -- West Coast Expressway (WCE) toll concessionaire, WCE Holdings Bhd expects to achieve positive cash flow and breakeven by financial year 2030 (FY2030)

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.

Bank Muamalat Opens New Branch In Kuala Selangor

SHAH ALAM,  Aug 24 (Bernama) --  Bank Muamalat Malaysia Berhad (Bank Muamalat) continues to expand access to Islamic banking services with the official opening of its Kuala Selangor branch today.

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 Seeks More Startups To Scale Via Dana Impak After Skyechip Success

By Karina Imran & Nabilah Saleh

KUALA LUMPUR, Aug 24 (Bernama) -- Khazanah Nasional Bhd has seen strong participation from venture capital players in SkyeChip Bhd’s growth and hopes more Malaysian start-ups will take similar steps to scale and tap funding opportunities under its Dana Impak programme.

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. 

Malaysia Airlines To Retime Selected Flights Amid National Day Airspace Closures

KUALA LUMPUR, Aug 24 (Bernama) -- Malaysia Airlines Bhd will retime selected flights arriving at and departing from KL International Airport (KLIA) Terminal 1 following temporary airspace closures in conjunction with the 69th National Day celebrations.