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SBC Medical Revenue Declines On Franchise Fee Restructuring

KUALA LUMPUR, May 15 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported total revenue of US$43 million for the first quarter ended March 31, 2026, down nine per cent year-on-year, mainly due to changes in its franchise fee structure implemented last year. (US$1=RM3.93)

GenNx360 Capital Partners Exits Precision Aviation Group In US$2.025 Bln Deal 

KUALA LUMPUR, May 14 (Bernama) -- GenNx360 Capital Partners, a New York-based private equity firm, has agreed to sell its portfolio company, Precision Aviation Group (PAG), to VSE Corporation (VSE) in a transaction valued at approximately US$2.025 billion in cash and equity. (US$1 = RM3.93)

Vedanta Posts Record FY26 Profit, Revenue Following Demerger

KUALA LUMPUR, May 11 (Bernama) -- India-based Vedanta Limited, a global leader in metals, oil & gas, critical minerals, power and technology, posted a record profit of US$2.8 billion for the financial year ended March 31, 2026, up 22 per cent year-on-year (YoY), driven by structurally strong businesses and disciplined execution. (US$1 = RM3.91)

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)

Denodo Report Highlights "Trust Gap" In Agentic AI Adoption

KUALA LUMPUR, April 16 (Bernama) -- Denodo, a leader in data management, has released The AI Trust Gap Report, a global study revealing that the next phase of artificial intelligence (AI)—agentic AI—is facing significant trust challenges driven by data-related issues.

DevvStream, XCF Announce Energy Platform Deal With Southern

KUALA LUMPUR, April 15 (Bernama) -- DevvStream Corp, a carbon management and environmental-asset monetisation firm, and XCF Global Inc (XCF), have announced the execution of a definitive Business Combination Agreement with Southern Energy Renewables Inc (Southern).

SBC Medical Q4 2025 Revenue Falls, Net Income Surges

KUALA LUMPUR, March 30 (Bernama) -- SBC Medical Group Holdings Incorporated (SBC Medical) reported an 11 per cent year-on-year decline in fourth-quarter (Q4) revenue to US$40 million for the three months ended Dec 31, 2025, following restructuring and changes to its franchise model. (US$1=RM4.01)

BNPL Use Among Malaysian Youth Raises Concern As Under-30s Make Up 40 Pct - Liew

KUALA LUMPUR, March 12 (Bernama) -- Buy now, pay later (BNPL) use among Malaysian youth raises concern as those aged 30 and below make up about 40 per cent of BNPL transactions in the country, Deputy Finance Minister Liew Chin Tong said.

Neinor FY25 Adjusted Net Profit Hits 70 Mln Euros, Revenue 697 Mln Euros

KUALA LUMPUR, Feb 27 (Bernama) -- Neinor Homes (Neinor) reported an adjusted net profit of about 70 million euros for financial year 2025 (FY25), beating its guidance, while revenue reached 697 million euros, excluding the impact of its acquisition of AEDAS Homes. (1 Euro = RM4.57)

Genting Posts Net Loss Of RM11.56 Mln In FY2025 From Net Profit Of RM882.95 Mln

KUALA LUMPUR, Feb 26 (Bernama) -- Genting Bhd posted a net loss of RM11.56 million in the financial year ended Dec 31, 2025 (FY2025) compared to a net profit of RM882.95 million in the previous financial year. 

Capital A Posts RM13.03 Bln FY2025 Net Profit Following Disposal of Aviation Business

KUALA LUMPUR, Feb 25 (Bernama) -- Capital A Bhd reported a net profit of RM13.03 billion for the financial year ended Dec 31, 2025 (FY2025), from a net loss of RM501.24 million in the previous year, reflecting the disposal of its aviation business, with segmental reporting distinguishing between continuing operations and discontinued operations.

Petronas Chemicals Records FY2025 Net Loss Of RM2.14 Bln

KUALA LUMPUR, Feb 23 (Bernama) -- Petronas Chemicals Group Bhd posted a net loss of RM2.14 billion in the financial year ended Dec 31, 2025 (FY2025), compared to a net profit of RM1.17 billion in the previous year.