Gamuda Shares Up After Its FY2025 Profit Surpass RM1 Bln

KUALA LUMPUR, Sept 22 (Bernama) -- Gamuda Bhd’s shares rose this morning after reporting that its year-to-date net profit increased by 10 per cent to reach the RM1 billion mark for its financial year ended July 1, 2025 (FY2025). 

Gamuda's YTD Net Profit Rises To RM1 Bln; Posts Record-Breaking Orderbook Of RM38 Bln

KUALA LUMPUR, Sept 19 (Bernama) -- Gamuda Bhd’s year-to-date net profit has increased by 10 per cent to reach the RM1 billion mark for its financial year ended July 1, 2025 (FY2025). 

AKWEL Posts 1H Profit Drop Amid Disputes, Cost Controls Boost Margin

KUALA LUMPUR, Sept 19 (Bernama) -- AKWEL, a manufacturer of parts and systems for the automotive and heavy-vehicle industry, has reported a net income of 13.6 million euros for the first half (1H) of 2025, a decrease of 32.9 per cent compared to the same period last year. (1 Euro = RM4.93) 

Pharmaniaga Acquires Penang Property For RM30 Mln

KUALA LUMPUR, Sept 19 (Bernama) -- Pharmaniaga Bhd's wholly-owned unit, Pharmaniaga Logistics Sdn Bhd has entered into a sale and purchase agreement (SPA) with N H Development Sdn Bhd to acquire a property in Seberang Perai Selatan, Penang for RM30 million.

AM Best Upgrades New Zealand’s Beneficial Insurance Issuer Credit Rating

KUALA LUMPUR, Sept 19 (Bernama) -- AM Best has upgraded New Zealand’s Beneficial Insurance Limited (Beneficial) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good).

Malaysia’s Property Outlook Remains Constructive In 2H 2025, Says HLIB

KUALA LUMPUR, Sept 18 (Bernama) -- Malaysia’s property outlook for the second half of 2025 (2H 2025) remains constructive, with ample opportunities across multiple segments, according to Hong Leong Investment Bank Bhd (HLIB).

Bursa Malaysia Ends At Intraday High

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Sept 17 (Bernama) -- Continued buying momentum in financial services heavyweights pushed Bursa Malaysia to close at its intraday high today, with the key index strengthening its position above the 1,600 psychological level.

Ecoscience's Unit Secures RM40 Mln Palm Oil Refinery Plant Contract

KUALA LUMPUR, Sept 12 (Bernama) -- Ecoscience International Bhd’s (EIB) wholly owned subsidiary Ecoscience Manufacturing and Engineering Sdn Bhd has secured a RM40 million contract for the construction and installation of a palm oil and fat refinery plant in Johor.

Takaful Malaysia Expands Beyond Motor, Credit Products Into Life Protection

KUALA LUMPUR, Sept 12 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd (Takaful Malaysia) is broadening its portfolio beyond its core strengths in credit-related products and motor takaful by introducing individual life protection offerings.

Kenanga, Maybank Maintain Calls On Bermaz Auto, Cut Target Prices On Earnings Risk

KUALA LUMPUR, Sept 12 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has maintained a 'market perform' call on Bermaz Auto Bhd (BAUTO), citing strong near-term earnings visibility.

Vimeo Snapped Up By Bending Spoons In Nearly US$1.38 Bln All-cash Deal

KUALA LUMPUR, Sept 11 (Bernama) -- Vimeo Inc, a video platform for business, has entered into a definitive agreement to be acquired by Bending Spoons in an all-cash transaction valued at approximately US$1.38 billion. (US$1=RM4.20)

Kenanga, RHB Stay Neutral On Plantations As CPO Outlook Moderates

KUALA LUMPUR, Sept 11 (Bernama) -- Kenanga Investment Bank Bhd has maintained a 'neutral' call on the plantation sector, saying earnings are expected to stay robust into calendar year 2026 (CY26) but lacking strong upside catalysts.