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Claim That TH Suffered Losses Due To Stock Market Downturn Is Baseless - Amir Hamzah

KUALA LUMPUR, Aug 11 (Bernama) -- Claims that Tabung Haji (TH) suffered losses due to a stock market downturn are baseless, as the stock market remained strong and reached its highest level in 2018, while the decline that year was only about 6 per cent.

Putrajaya Perdana Acquisition Approval Took Place While The Company Was Under Jho Low’s Control

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Aug 11 (Bernama) – The entire approval process for Lembaga Tabung Haji’s (TH) purchase of a 30 per cent stake in Putrajaya Perdana Bhd in 2014 took place when the company was said to be under the control of Low Taek Jho, or Jho Low, through Utama Banking Group Bhd (UBG Bhd).

Tabung Haji Stable, Growing Stronger - MoF

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji’s (TH) current position is stable and increasingly stronger, following an increase in assets that exceed liabilities, depositors’ savings, and the distribution rate, said the Ministry of Finance (MOF).

CGC Awards 2025 Honours MSME Resilience, Bumiputera Participation

KUALA LUMPUR, Aug 11 (Bernama) -- The 31st CGC Awards 2025 honoured 32 outstanding achievements by Malaysia’s micro, small and medium enterprises (MSMEs) and key players in the financial ecosystem.

CPO Futures Rally Above RM4,750 A Tonne On Stronger Crude Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, rallying above RM4,750 per tonne on stronger crude oil prices amid escalating conflict in West Asia.

TH Posts Almost RM13 Bln In Losses From 14 Investments, Seven of Which 100 Pct Losses - Amir Hamzah

By Nurunnasihah Ahmad Rashid and Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Lembaga Tabung Haji (TH) incurred losses of nearly RM13 billion through 14 problematic investments, seven of which suffered losses of 100 per cent, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Casuarina Meru Eyes 62 Pct Occupancy Rate, Launches Loyalty Programme

IPOH,  Aug 11 (Bernama) -- Casuarina Meru Sdn Bhd is targeting an overall occupancy rate of 62 per cent for its four-star Hotel Casuarina@Meru this year, driven by positive domestic tourism growth and sustained visitor arrivals.

Gold Futures End Higher On Continued PBOC Buying

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher on Tuesday, supported by continued buying by the People's Bank of China (PBOC). 

MR DIY 2Q 2026 Net Profit Falls To RM134.40 Mln

KUALA LUMPUR, Aug 11 (Bernama) -- MR DIY Group (M) Bhd posted a lower net profit of RM134.40 million for the second quarter of financial year 2026 (2Q FY2026) ended June 30, 2026 from RM158.58 million in the corresponding quarter of the preceding year.

Ringgit Higher Against Major Currencies, Eases Against Greenback At Close

By K. Naveen Prabu

KUALA LUMPUR, Aug 11 (Bernama) -- The ringgit closed higher on Tuesday against most major currencies but eased against the greenback ahead of the release of key US inflation data.

KLCI Futures End Lower

KUALA LUMPUR, Aug 11 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed lower on Tuesday.

Tabung Haji Investment Losses Not All Due To Misconduct – Aminuddin

KUALA LUMPUR, Aug 11 (Bernama) -- Port Dickson Member of Parliament Datuk Seri Aminuddin Harun stated that discussions regarding investments by Lembaga Tabung Haji (TH) must be conducted fairly, as every investment carries risks, and not all losses incurred are due to misconduct.