Ringgit Expected To Remain Well Supported Next Week Ahead Of BNM OPR Decision

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) -- The ringgit is expected to remain well supported next week ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on Sept 3, with the central bank widely expected to keep the Overnight Policy Rate (OPR) at 2.75 per cent.

Gold Futures Expected To Hold Firm Next Week On Lower Rate-Hike Odds

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 29 (Bernama) --Gold futures on Bursa Malaysia Derivatives are expected to remain supported next week, with spot gold prices seen hovering around US$4,590 to US$4,610 per troy ounce amid reduced expectations of a US Federal Reserve (Fed) rate hike.

Rubber Market Expected To Remain Firm Next Week On Limited Supply

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- The Kuala Lumpur rubber market is seen to remain firm with a slight upward bias next week, supported by expectations of limited supply of the commodity amid adverse weather conditions.

CPO Futures Likely To Maintain Bullish Bias Next Week On Tighter Supply Outlook

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to maintain a bullish bias next week, supported by firm fundamentals and expectations of tighter supply.

Zetrix AI Group Denies Association With Graft Charges

KUALA LUMPUR, Aug 28 (Bernama) -- Zetrix AI Group Bhd has denied any involvement or association with the former Human Resources Minister Datuk Seri M. Saravanan following rumours linking the company to the graft charges brought against him today.

Berjaya Corp Reduces Net Loss To RM340.36 Mln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- Berjaya Corporation Bhd (BCorp) reduced its net loss to -RM340.36 million for the financial year ended June 30, 2026 (FY2026) from -RM541.97 million in FY2025.

Yinson In Talks On Potential Privatisation At RM2.35 A Share

KUALA LUMPUR, Aug 28 (Bernama) -- Yinson Holdings Bhd’s major shareholder, Yinson Legacy Sdn Bhd (YLSB), has engaged in preliminary discussions with MISC Bhd, the Employees Provident Fund (EPF), its affiliates and other stakeholders, regarding a potential proposal to privatise the company.

CIMB 2Q Net Profit Rises To RM1.94 Bln, Declares 19.65 Sen Dividend

KUALA LUMPUR, Aug 28 (Bernama) -- CIMB Group Holdings Bhd’s net profit rose to RM1.94 billion in the second quarter ended June 30, 2026 (2Q 2026) compared to RM1.89 billion in 2Q 2026, supported by broad-based performance across all businesses.

IOI Corp Posts Higher Net Profit Of RM1.68 Bln In FY2026

KUALA LUMPUR, Aug 28 (Bernama) -- IOI Corporation Bhd’s (IOI Corp) net profit for the financial year ended June 30, 2026 (FY2026) rose to RM1.68 billion from RM1.52 billion a year earlier, mainly supported by higher profit from its resource-based manufacturing and plantation segments.

Axiata Posts Net Profit Of RM42.52 Mln In 2Q

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd's net profit declined to RM42.52 million in the second quarter ended June 30, 2026 (2Q 2026), from RM270.81 million a year earlier.

CPO Futures Rebound To Close Higher On El Nino Concerns

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 28 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives rebounded to close higher on Friday, supported by expectations of weaker output in the medium term amid concerns over the El Nino weather pattern.

ZICO Trust Appoints Former PDRM Deputy IGP Mazlan Lazim As Chairman

KUALA LUMPUR, Aug 28 (Bernama) -- ZICO Trust (M) Bhd has appointed former Deputy Inspector General of Police (IGP) Tan Sri Mazlan Lazim as its chairman, effective Aug 14, 2026.