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OPEC+ Latest Decision To Increase Output Signals Stockpiling Exercise - Rystad Energy

KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.

FGV Holdings Names Abu Huraira Non-independent, Non-executive Chairman

KUALA LUMPUR, March 2 (Bernama) -- FGV Holdings Bhd has appointed Datuk Abu Huraira Abu Yazid as its non-independent, non-executive chairman, effective March 2, 2026.

KPJ Healthcare Records Improved Net Profit, Revenue In FY2025

KUALA LUMPUR, Feb 26 (Bernama) -- KPJ Healthcare Bhd’s net profit increased to RM365.92 million in the financial year ended Dec 31, 2025 (FY2025) from RM353.81 million a year ago.

TH Plantations Net Profit In FY2025 Rises To RM107.49 Mln

KUALA LUMPUR, Feb 26 (Bernama) -- TH Plantations Bhd’s (THP) net profit increased to RM107.49 million for the financial year ended Dec 31, 2025 (FY2025) from RM75.17 million in the preceding year.

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. 

Vendors Receive Payments From Govt Investment In Vantris Energy -- Amir Hamzah

KUALA LUMPUR, Feb 26 (Bernama) — More than 1,400 local vendors have received payments following the government’s RM1.1 billion investment in Vantris Energy Bhd, said Finance Minister II Amir Hamzah Azizan.

Wasco Bhd's FY2025 Net Profit Rises To RM160.5 Mln

KUALA LUMPUR, Feb 25 (Bernama) -- Wasco Bhd's net profit rose to RM160.54 million for the financial year ended Dec 31, 2025 (FY2025), from RM153.04 million in the preceding year.

Velesto Secures US$16.49 Mln Drilling Contract From Jadestone

KUALA LUMPUR, Feb 25 (Bernama) -- Velesto Malaysian Ventures Sdn Bhd’s wholly owned subsidiary, Velesto Drilling Sdn Bhd, has received a letter of award from Jadestone Energy (Malaysia) Pte Ltd.

AmBank Group's Net Profit Rose To RM529.58 Mln In 3Q FY2026

KUALA LUMPUR, Feb 25 (Bernama) -- AMMB Holdings Bhd (AmBank Group) posted a higher net profit of RM529.58 million in the third quarter of the financial year ending March 31, 2026 (3Q FY2026) compared with RM486.49 in the same period last year.

MOF Will Dissolve Dormant MKD Companies After Financial Obligations Resolved -- Liew Chin Tong

KUALA LUMPUR, Feb 24 (Bernama) -- The Ministry of Finance (MoF) will dissolve dormant Minister of Finance (Incorporated) (MKD) companies after the companies resolve issues related to financial obligations, said Deputy Finance Minister Liew Chin Tong.

Berjaya Land’s Net Loss Widens To RM121.76 Mln In 2Q FY2026

KUALA LUMPUR, Feb 24 (Bernama) -- Berjaya Land Bhd posted a wider net loss of RM121.76 million for the second quarter ended Dec 31, 2025 (2Q FY2026), compared with a net loss of RM33.93 million in the previous corresponding quarter.

Petronas Gas' Net Profit Dips To RM1.73 Bln In FY2025

KUALA LUMPUR, Feb 24 (Bernama) -- Petronas Gas Bhd’s (PGB) net profit decreased to RM1.73 billion in the financial year ended Dec 31, 2025 (FY2025) from the previous financial year’s RM1.84 billion.