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CPO Futures Close Higher On Weaker Production Outlook

KUALA LUMPUR, May 19 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on expectations of weaker production in the coming weeks, said Iceberg X Sdn Bhd proprietary trader David Ng.

Malayan Flour Mills 1Q Net Profit Rises 28.4 Pct To RM42.5 Mln

KUALA LUMPUR, May 19 (Bernama) -- Malayan Flour Mills Bhd reported a 28.4 per cent increase in net profit for the first quarter ended March 31, 2026 (1Q 2026), with earnings rising to RM42.5 million compared to RM33.1 million in the same quarter last year.

Capital A Receives Bursa Approval To Exit PN17 Status

KUALA LUMPUR, May 19 -- Capital A Bhd has received approval from Bursa Malaysia Securities Bhd for the removal of its Practice Note 17 (PN17) status, effective May 20, 2026.

Wasco Posts RM11.10 Mln Net Profit In 1Q

KUALA LUMPUR, May 19 (Bernama) -- Wasco Bhd recorded a net profit of RM11.10 million in the first quarter ended March 31, 2026 (1Q 2026), compared with RM35.43 million a year earlier.

Maxis' Unit Issues Two New Sukuk Murabahah Series Amounting To RM1 Bln

KUALA LUMPUR, May 19 (Bernama) -- Maxis Bhd's wholly-owned subsidiary, Maxis Broadband Sdn Bhd (MBSB) has issued two new series of Sukuk Murabahah, totalling RM1.0 billion in nominal value, pursuant to its unrated Sukuk Murabahah programme.

Pharmaniaga Gets Approval For Five-For-One Share Consolidation

KUALA LUMPUR, May 19 (Bernama) -- Pharmaniaga Bhd today secured shareholder approval for its proposed five-for-one share consolidation at the group’s extraordinary general meeting (EGM), with completion expected in early June 2026.

NIF To Support Malaysia’s Long-Term Economic Goals - MIDA

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, May 19 (Bernama) -- The New Incentive Framework (NIF) reflects a broader shift towards encouraging investments that contribute more meaningfully to Malaysia’s long-term economic priorities, according to Malaysian Investment Development Authority (MIDA).

Bursa Malaysia Ends Marginally Lower As Investors Turn Defensive

KUALA LUMPUR, May 19 (Bernama) -- Bursa Malaysia ended marginally lower on Tuesday as investors adopted a more defensive stance amid escalating geopolitical tensions and softer regional risk sentiment. 

Lendlease REIT Completes Full Acquisition Of PLQ Mall, Posts Positive Rental Reversion

KUALA LUMPUR, May 19 (Bernama) -- Lendlease Global Commercial REIT (Lendlease REIT) completed the acquisition of the remaining 30 per cent interest in PLQ Mall on March 26, 2026, achieving full ownership of the Singapore retail asset as it undertakes enhancement works aimed at improving space utilisation and rental income.

Red Sea Global Opens First Joint Venture-Developed Resort At Shura Island

KUALA LUMPUR, May 19 (Bernama) -- Red Sea Global (RSG), the regenerative tourism developer, has reached a major milestone as Four Seasons Resort and Residences Red Sea at Shura Island welcomed its first guests beginning May 20.

Govt Identifies Five Manufacturing Sub-Sectors Most Affected By Global Supply Crisis - Akmal Nasrullah

KUALA LUMPUR, May 19 (Bernama) -- Five manufacturing subsectors were identified as being most affected by the impact of the energy crisis and global supply disruptions, according to Economy Minister Akmal Nasrullah Ahmad Nasir.

Rubber Market Ends Lower On Weaker Crude Oil

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, May 19 (Bernama) -- The Kuala Lumpur rubber market ended lower on Tuesday, pressured by declines in crude oil prices and a stronger US dollar, amid mixed sentiment in regional rubber futures markets, a dealer said.