Newsfeed – Business News
ACE Market-bound Adnex aims to raise RM18.1mil from IPO
KUALA LUMPUR: Adnex Group Bhd aims to raise RM18.1 million from its initial public offering (IPO) ahead of its listing on Bursa Malaysia Securities Bhd’s ACE Market on March 17, 2026. […]
Kerjaya Prospek to develop more industrial, infrastructure buildings in FY26
KUALA LUMPUR: Construction company Kerjaya Prospek Group Bhd is looking to develop more industrial and infrastructure buildings in the financial year 2026. Read full story Date: 26 February, 2026 5:00 pm […]
LSH Capital 1Q26 profit jumps 41% to RM26mil, declares 1.03 sen dividend
KUALA LUMPUR: Lim Seong Hai Capital Bhd (LSH Capital) will continue to focus on maintaining a healthy project pipeline by actively tendering for new infrastructure, building and concession jobs. Read […]
Gold gains on softer dollar; Iran-US talks in focus
GOLD prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand amid uncertainty over U.S. tariff policy and U.S.-Iran talks. Read full story Date: 26 February, 2026 […]
Bursa suspends short selling on MSM after shares tumble over 15%
KUALA LUMPUR: Bursa Malaysia has suspended intraday short selling (IDSS) on MSM Malaysia Holdings Bhd for the rest of the trading day after the stock breached the exchange’s price limit […]
Axiata FY25 net profit falls to RM364.6mil on impairments and disposals
KUALA LUMPUR: Axiata Group Bhd’s net profit fell to RM364.62 million for the financial year ended Dec 31, 2025 (FY2025), from RM946.82 million in the preceding year, due to one-off […]
MSM swings to RM397.25mil loss in FY25 on asset impairment
KUALA LUMPUR: MSM Malaysia Holdings Bhd swung to a net loss of RM397.25 million for the financial year ended Dec 31, 2025 (FY2025) from a net profit of RM31.25 million […]
Shein to strengthen supply chain with major investment in Guangdong
CROSS-border e-commerce platform Shein pledged on Tuesday to invest more than 10 billion yuan ($1.46 billion) over the next three years to strengthen its supply chain in Guangdong province, a […]
Kenanga Group launches Malaysia’s first tokenised money market funds
KUALA LUMPUR: Kenanga Investment Bank Bhd (Kenanga IB) and US-based non-profit Stellar Development Foundation have introduced Myrra, a dedicated token platform that leverages the Stellar blockchain to enable the tokenisation […]
Maybank’s net profit rises to RM10.51bil in FY25, declares 33c div/share
KUALA LUMPUR: Malayan Banking Bhd (Maybank) charted 4.2% year-on-year (y-o-y) net profit growth to RM10.51bil in the financial year ended Dec 31, 2025, on the back of steady income growth […]