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.
| LATEST NEWS | GSF 2.0: Diplomatic efforts are now underway, involving regional countries and Turkiye, to secure the activists' release - SNCC DG | All GSF 2.0 activists were taken from their respective ships at gunpoint - SNCC DG | GSF 2.0: All 50 vessels carrying 428 activists from 40 nations were unlawfully intercepted by the Zionist Israeli regime in international waters - SNCC DG | Over two million vehicles are expected to use the PLUS network starting Friday, as the back-to-back holidays begin - PLUS | Exports grew 36.9 per cent y-o-y to RM182.74 billion in April 2026, while imports expanded by 20 per cent to RM153.99 billion, giving a trade surplus of RMRM28.75 billion - MATRADE | |
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Gradiant Closes Series E Financing At US$2 Bln Valuation
KUALA LUMPUR, May 19 (Bernama) -- Gradiant has closed its Series E financing round led by Safar Partners and Hostplus Superannuation Fund, with participation from ClearVision Ventures and other global investors, valuing the company at US$2 billion. (US$1=RM3.97)
SC, Bursa Malaysia Propose LEAP Market 2.0 To Boost MSME Fundraising
KUALA LUMPUR, May 18 (Bernama) -- The Securities Commission (SC) and Bursa Malaysia Securities Bhd (Bursa Malaysia) today proposed enhancements to the LEAP Market.
Sibu Needs New Industrial, Agricultural Push To Stay Competitive
By Frank Julian Martin
SIBU, May 12 (Bernama) -- Sibu needs to accelerate new industrial and agricultural development initiatives to regain its economic competitiveness and prevent further outmigration of local talent, according to Delta Leasing Bhd executive chairman, Dr Gregory Hii Sui Cheng.
Esentia Prices US$2 Bln Senior Notes Offering
KUALA LUMPUR, May 11 (Bernama) -- Esentia Energy Development S.A.B. de C.V. (Esentia) announced the pricing of US$2 billion in senior notes through a private offering to qualified institutional buyers and non-United States (US) investors. (US$1 = RM3.91)
Stoneshield Capital Becomes Meliá’s Second-Largest Shareholder
KUALA LUMPUR, May 11 (Bernama) -- Stoneshield Capital has become the second-largest shareholder in Meliá Hotels International (Meliá) with a 9.5 per cent stake, while Stoneshield co-founder, Juan Pepa has been appointed to Meliá’s Board of Directors.
IEM Takes Dual Action Approach To Address Global Supply Crisis Impact
KUALA LUMPUR, May 10 (Bernama) -- The Institution of Engineers, Malaysia (IEM) has released its Engineering Impact Survey Report to address the impact of the global supply crisis triggered by recent geopolitical developments in the Middle East.
ADB To Mobilise US30 Bln By 2030 To Support ASEAN Countries
KUALA LUMPUR, May 8 (Bernama) -- The Asian Development Bank (ADB) today will mobilise US$30 billion (US$1 = RM3.91) by 2030 to help ASEAN nations advance long-term development priorities and withstand external shocks.
Horizon Quantum Completes Nasdaq Listing, Reports Q1 Loss
KUALA LUMPUR, May 8 (Bernama) -- Horizon Quantum Holdings Ltd (Horizon Quantum), a pioneer of software infrastructure for quantum applications, has reported an operating loss of US$6.5 million for the first quarter (Q1) ended March 31, 2026, compared to US$4.7 million in the same period last year. (US$1=RM3.91)
MDEC Facilitates Potential Opportunities Worth RM450 Mln At Sushi Tech Tokyo 2026
KUALA LUMPUR, May 6 (Bernama) -- The Malaysia Digital Economy Corporation (MDEC) has facilitated more than RM450 million in potential opportunities at SusHi Tech Tokyo 2026, one of Asia’s leading startup and innovation platforms.
MAB Academy Aims To Be ASEAN’s leading Aviation Training COE
By Danni Haizal Danial Donald
SEPANG, May 1 (Bernama) -- Malaysia Aviation Group’s (MAG) training arm, MAB Academy Sdn Bhd, aims to become ASEAN’s leading centre of excellence (COE) for aviation, hospitality and professional training, offering hands-on programmes to develop a future-ready workforce.
Bursa Malaysia 1Q Net Profit Rises To RM72.83 Mln
KUALA LUMPUR, April 30 (Bernama) -- Bursa Malaysia Bhd’s net profit for the first quarter ended March 31, 2026 (1Q FY2026) rose to RM72.83 million from RM68.42 million in the same period last year.