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.

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.

K2 Global Raises US$200 Mln For AI Investment

KUALA LUMPUR, Aug 12 (Bernama) -- K2 Global, founded by solo venture capitalist Ozi Amanat, has announced US$200 million in capital commitments focused on artificial intelligence (AI), robotics, compute infrastructure, semiconductors, national security and next-generation healthcare technologies. (US$1=RM4.08)

Dark Horse Consulting Group Expands Into China With Shanghai Practice 

KUALA LUMPUR, Aug 12 (Bernama) -- Dark Horse Consulting Group (DHCG) has established a China practice in Shanghai and appointed Kang Liu as Senior Director and Head of China and its first hire, marking the life sciences consulting firm's expansion into the Chinese biotechnology market.

Kerjaya Prospek Unit Bags RM223.0 Mln Construction Contract In Johor Bahru

KUALA LUMPUR, Aug 12 (Bernama) -- Kerjaya Prospek Group Bhd’s wholly owned subsidiary, Kerjaya Prospek (M) Sdn Bhd, has secured a RM223.0 million contract for the construction and completion of the main building for a development project in Johor Baharu from Sunway Majestic Sdn Bhd. 

Haikou-Penang Direct Flights To Take Off Oct 11

GEORGE TOWN, Aug 12 (Bernama) -- The Haikou-Penang direct flight service will be launched on Oct 11, making Haikou the ninth Chinese city to have a scheduled direct air link with Penang, said State Tourism and Creative Economy Committee chairman Wong Hon Wai.

ACE Market-bound Pioneer Heat Aims To Raise RM21.68 Mln From IPO

KUALA LUMPUR, Aug 12 (Bernama) – Pioneer Heat Holdings Bhd aims to raise RM21.68 million from its initial public offering (IPO) following its listing on the ACE Market of Bursa Malaysia on Sept 17, 2026.