Sunway REIT Records Lower Net Profit For 2Q

KUALA LUMPUR, Aug 12 (Bernama) -- Sunway Real Estate Investment Trust (Sunway REIT) posted a lower net profit of RM129.35 million in the second quarter ended June 30, 2025 (2Q 2025), down from RM145.07 million year-on-year.

Bursa Malaysia Ends Higher As US-China Tariff Truce Lifts Sentiment

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 12 (Bernama) -- Bursa Malaysia extended its upward momentum to close higher on Tuesday, boosted by news of the United States' (US) decision to extend its 90-day tariff truce with China until Nov 10, which lifted market sentiment. 

Bursa Malaysia Extends Rally To 5th Day, Ends Above 1,560 Resistance Level

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 11 (Bernama) -- Bursa Malaysia extended its rally for the fifth consecutive day, breaching the 1,560 resistance level, underpinned by renewed investor appetite for data centre plays, and improving signals from geopolitical trade negotiations.

IOI Properties Shares Up In Early Trade

KUALA LUMPUR, Aug 11 (Bernama) -- IOI Properties Group Bhd (IOIPG) shares rose in the early trading session, buoyed by positive market sentiment.

Bursa Malaysia Outperforms Regional Peers, Ends Week At Intraday High

KUALA LUMPUR, Aug 8 (Bernama) -- Bursa Malaysia ended the week higher, closing at an intraday high, outperforming regional peers as the formal announcement of the 13th Malaysia Plan (13MP) and renewed developments in United States trade tariff policy served as dual tailwinds for market sentiment.

Ascott, Coronade Properties Ink Hotel Management Agreement For Coronation Square

SINGAPORE, Aug 8 (Bernama) -- Singapore-headquartered hospitality firm The Ascott Ltd has been appointed by Coronade Properties Sdn Bhd to manage the hotel component of the Coronation Square integrated development in Johor Bahru.

Rubicon Closes First Round For Opportunistic Fund II, Eyes Bay Area Rebound

KUALA LUMPUR, Aug 8 -- Rubicon Point Partners (Rubicon) has announced the first closing of its Rubicon Point Fund II, a real estate investment vehicle targeting special situation opportunities across the West Coast of the United States, with a strategic focus on the San Francisco Bay Area.

Mah Sing Acquires Corus Hotel Site For RM260 Mln

KUALA LUMPUR, Aug 7 (Bernama) -- The MUI Group and Mah Sing Group Bhd (Mah Sing) have inked a strategic agreement which saw the MUI Group divesting its prime 600.96-hectare freehold parcel of land in the heart of KLCC precinct to the latter for RM260 million.

Persistent Buying In Heavyweights Lifts Bursa Malaysia To End At Intraday High

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 7 -- Bursa Malaysia rebounded from a subdued morning session to close at its intraday high on Thursday, driven by sustained buying interest in selected heavyweights, particularly in the utilities and technology sectors, amid upbeat regional markets.

Cloudera Delivers Cloud-native AI Experience Behind The Firewall

KUALA LUMPUR, Aug 7 (Bernama) -- Cloudera, a data and artificial intelligence (AI) platform company, has announced the latest release of Cloudera Data Services, bringing private AI on premises and giving enterprises secure, GPU-accelerated generative AI capabilities behind their firewall.

Investment Commitments Do Not Involve Public Funds, Will Not Increase Fiscal Burden - Tengku Zafrul

KUALA LUMPUR, Aug 7 (Bernama) -- Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has reiterated that all purchase and investment commitments offered by Malaysia in the tariff negotiations with the United States (US) are commercial dealings by private companies and government-linked companies (GLCs), without involving any public funds or increasing the country's fiscal burden or debt.

Bursa Malaysia Recovers Earlier Losses To Close Higher On Late Buying

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia’s key index reversed earlier losses to close higher on Wednesday, as late buying in selected heavyweights, combined with stronger regional market performance, lifted market sentiment.