Binasat's Unit To Receive RM32.19 Mln Refund After Empire City SPA Termination

KUALA LUMPUR, Aug 12 (Bernama) -- Binasat Communications Bhd's wholly owned subsidiary Binasat Digital Sdn Bhd (BDSB) will receive RM32.19 million from Cosmopolitan Avenue Sdn Bhd (CASB) following the mutual termination of the sale and purchase agreement (SPA) for Empire City.

CPO Futures End Lower On Profit-taking, Weaker Related Oils

By K. Naveen Prabu

KUALA LUMPUR, Aug 12 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, weighed by profit-taking and weakness in related vegetable oils.

Gold Futures End Higher On Global Fiscal Concerns

By Harizah Hanim Mohamed

KUALA LUMPUR, Aug 12 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, against a broader backdrop of global fiscal concerns, rising government debt burdens and persistent questions over the long-term credibility of sovereign balance sheets.

Vstecs 2Q Net Profit Jumps 50 Pct To RM30.31 Mln On Strong Growth Across All Business Segments

KUALA LUMPUR, Aug 12 (Bernama) -- Vstecs Bhd’s net profit for the second quarter ended June 30, 2026 (2Q 2026) increased 50 per cent to RM30.31 million from RM20.17 million in the same period a year ago, underpinned by strength across all business segments.

Ringgit Ends Higher Vs Greenback Ahead of US Inflation Data

PTT Synergy Unit Secures RM260 Mln Warehouse Deals With Sekatarakyat

KUALA LUMPUR, Aug 12 (Bernama) -- PTT Synergy Group Bhd's wholly owned subsidiary, PTT Development Sdn Bhd (PTTD), has entered into five separate sale and purchase agreements (SPAs) with Koperasi Kakitangan Bank Rakyat Bhd (Sekatarakyat) for a total consideration of RM260 million.

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.

KLCI Futures End Higher

KUALA LUMPUR, Aug 12 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed higher on Wednesday.

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.

SME Financing Conditions Remain Supportive, But Businesses Must Adapt - BNM Governor

KUALA LUMPUR, Aug 12 (Bernama) -- Overall financing conditions for small and medium enterprises (SMEs) remain supportive, with banks and development financial institutions (DFIs) continuing to provide financing to viable businesses.

Space42, Leonardo DRS Ink MoU To Advance UAE National Security Systems

KUALA LUMPUR, Aug 12 (Bernama) -- Space42, the United Arab Emirates (UAE)-based artificial intelligence (AI)-powered SpaceTech company has signed a memorandum of understanding with Leonardo DRS to explore integrated sovereign national security capabilities for the UAE.