Keyfield Announces US$24.7 Mln Inai Kenanga Acquisition

KUALA LUMPUR, Aug 27 (Bernama) -- Keyfield International Bhd has acquired Inai Kenanga, a mega trailing suction hopper dredger, for a cash consideration of US$24.7 million (US$1=RM4.02). 

Bursa Malaysia Opens Higher Ahead Of Potential Pre-Merdeka Buying Interest

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened higher on Thursday, with investors positioning for potential pre-Merdeka buying interest ahead of the upcoming National Day celebrations.

Bursa Malaysia Ends Higher As YTL, Banking Counters Lift Market

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said.

Bank Islam Net Profit Up 9.8 Pct To RM139.12 Mln In 2Q

KUALA LUMPUR, Aug 26 (Bernama) -- Bank Islam Malaysia Bhd's net profit for the second quarter ended June 30, 2026 (2Q 2026) rose by 9.8 per cent to RM139.12 million from RM126.68 million a year ago, driven by higher net income and lower total overheads. 

UOB Malaysia Completes Malaysia's First Brokered MYOR-based Interbank Transaction With RHB, Maybank 

KUALA LUMPUR, Aug 26 (Bernama) -- UOB Malaysia, RHB Banking Group (RHB) and Malayan Banking Bhd (Maybank) have successfully executed the first Malaysia Overnight Rate (MYOR)-based three-month interbank money market transaction, incorporating a two-day lookback calculation convention. 

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.

Bursa Malaysia Stays Flat At Midday As Investors Assess Earnings And Corporate Outlook

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia remained flat at midday as investors stayed cautious amid the ongoing earnings season, closely monitoring earnings delivery, asset quality trends and the corporate outlook.

Maybank Marathon's Sustainability Push Goes Beyond Race Course

By Nik Nurfaqih Nik Will

BALI, Aug 22 (Bernama) -- Sustainability will remain a key foundation guiding the development of the Maybank Marathon as the banking group steps up efforts to create positive and lasting social and environmental impact across ASEAN.

Bursa Malaysia Likely To Trade With An Upside Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, with the benchmark index seen within the 1,725-1,750 range next week, an analyst said.

KLCI Futures Seen Trading With Upward Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures are expected to trade with an upward bias next week in line with the cash market, an analyst said.

Maybank, SMF Partner To Accelerate Manufacturers' Growth Through JS-SEZ, ASEAN

JOHOR BAHRU, Aug 21 (Bernama) -- Maybank and the Singapore Manufacturing Federation (SMF) signed a memorandum of understanding (MoU) to expand access to the Johor-Singapore Special Economic Zone (JS-SEZ) and support its development as a mutually beneficial proposition for both countries and the broader ASEAN region.

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.