RAM Ratings Positive On Malaysia’s Power Sector Amid Robust Prospects

KUALA LUMPUR, May 29 (Bernama) -- RAM Rating Services Bhd (RAM Ratings) has maintained a positive outlook on Malaysia’s power sector as the country’s energy transition gains momentum.

QL Resources Shares Rise Despite Lower FY2026 Earnings; MBSB Keeps ‘Buy’ Call

KUALA LUMPUR, May 29 (Bernama) -- QL Resources Bhd emerged among the top gainers in early trade despite posting lower earnings for the financial year ended March 31, 2026 (FY2026).

SBA, Seoul Metropolitan Government Open Applications For 2026 Unicorn Startup Challenge

KUALA LUMPUR, May 29 (Bernama) -- Seoul Business Agency (SBA) and the Seoul Metropolitan Government have officially opened applications for the "Try Everything 2026: Seoul Unicorn Challenge", a startup competition aimed at supporting international companies seeking expansion into the South Korean market.

Supermax's Associate Company To Establish US$50 Mln Medical Glove Facility In Brazil

YTL Corp 3Q Net Profit Falls To RM325.99 Mln, Revenue Rises To RM7.57 Bln

KUALA LUMPUR, May 28 (Bernama) -- YTL Corporation Bhd’s (YTL Corp) net profit decreased to RM325.99 million in the third quarter ended March 31, 2026 (3Q FY2026) from RM432.63 million in the same quarter last year. 

Mudajaya Unit To Sell 45 Pct Stake In Real Jade For RM118.45 Mln To Offset Debt

KUALA LUMPUR, May 28 (Bernama) -- Mudajaya Group Bhd’s indirect wholly owned subsidiary, Xelmont Ltd, is disposing of its 45 per cent equity interest in Real Jade Ltd to Minyi Holdings Ltd (MHL) for HK$234 million (RM118.45 million).

QL Resources Posts Lower Net Profit Of RM450.35 Mln In FY2026

KUALA LUMPUR, May 28 (Bernama) -- QL Resources Bhd posted a lower net profit of RM450.35 million for the financial year ended March 31, 2026 (FY2026), compared with RM455.08 million in the previous financial year.

BCorp's Net Loss Widens To RM176.23 Mln In 3Q FY2026

KUALA LUMPUR, May 28 (Bernama) -- Berjaya Corporation Bhd's (BCorp) net loss widened to RM176.23 million in the third quarter ended March 31, 2026 (3Q), compared with a net loss of RM92.34 million in the same period a year ago.

IJM Corp FY2026 Net Profit Falls To RM3.24 Mln, Declares Second And Special Dividend

KUALA LUMPUR, May 28 (Bernama) -- IJM Corporation Bhd’s net profit dipped to RM3.24 million for the financial year ended March 31, 2026 (FY2026), from RM403.37 million in the corresponding period last year.

Bursa Malaysia Extends Losses Amid Heightened Geopolitical Tensions

By Danni Haizal Danial Donald

KUALA LUMPUR, May 28 (Bernama) -- Bursa Malaysia closed lower on Thursday, extending its losses for a third consecutive day, as investor sentiment turned increasingly risk-averse amid escalating geopolitical tensions.

CIMB In Strategic Partnership With China Merchants Bank To Expand Cross-border Banking Solutions

KUALA LUMPUR, May 28 (Bernama) -- CIMB Bank Bhd and China Merchants Bank Co Ltd have established a strategic partnership to offer cross-border solutions and support the expansion of end-to-end banking services across China, Malaysia, and ASEAN.

SC Enhances Primary Market Framework To Improve Public Listing Access For Issuers

KUALA LUMPUR, May 28 (Bernama) -- The Securities Commission Malaysia (SC) today released its revised Equity Guidelines and Response Paper, introducing targeted enhancements to the primary market framework.