Axiata On Track To Achieve Gearing Ratio Of 2.5 Times Net Debt To EBITDA In 2026

KUALA LUMPUR, Aug 28 (Bernama) -- Axiata Group Bhd is on track to achieve a gearing ratio of 2.5 times net debt to earnings before interest, taxes, depreciation, and amortisation (EBITDA) by the end of 2026, as the level stood at 2.76 times as at June 30, 2025.

Thailand’s Allianz Ayudhya General Insurance Ratings Affirmed Excellent - AM Best

KUALA LUMPUR, Aug 28 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Thailand’s Allianz Ayudhya General Insurance Public Company Limited (AAGI).

Bursa Malaysia Opens Higher, Tracks Wall Street Gains

KUALA LUMPUR, Aug 28 (Bernama) -- Bursa Malaysia was higher in early trade today, tracking the upbeat performance on Wall Street overnight.

FBM KLCI Closes At Intraday High After Sluggish Session, CI Up 0.40 Pct

By Abdul Hamid A Rahman

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia ended in positive territory, with the index closing at its intraday high after a sluggish session, buoyed by late buying interest and strong corporate earnings announcements, said Rakuten Trade Sdn Bhd.

Bursa Malaysia Slips On Profit-taking In Early Trade

KUALA LUMPUR, Aug 27 (Bernama) -- Bursa Malaysia opened slightly firmer on Wednesday but reversed course within minutes, with the benchmark slipping on spillover profit-taking from yesterday’s sell-off despite overnight gains on Wall Street.

Bulls Dominate As Bursa Malaysia Ends At Over 5-month High

By Zarul Effendi Razali

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia maintained its upward momentum to end the week higher, briefly breaching the 1,600 key level during the early session, driven by persistent buying in selected heavyweights, led by telecommunications and media, as well as industrial products and services counters, a dealer said.

Bursa Malaysia Opens Higher, CI Adds 4.8 Pts

KUALA LUMPUR, Aug 22 (Bernama) -- Buying in selected heavyweights lifted Bursa Malaysia at the open on Friday, extending the previous day’s gains, while sentiment stayed cautious over the global economic outlook, a dealer said.

Dayang Enterprise 2Q Net Profit Falls To RM76.64 Mln

KUALA LUMPUR, Aug 21 (Bernama) -- Dayang Enterprise Holdings Bhd’s (Dayang) net profit for the second quarter ended June 30, 2025 (2Q 2025) slipped to RM76.64 million from RM131.43 million in 2Q 2024.

Maxis Posts Higher Net Profit Of RM398 Mln In 2Q 2025

KUALA LUMPUR, Aug 21 (Bernama) -- Maxis Bhd posted a higher net profit of RM398 million for the second quarter ended June 30, 2025 (2Q 2025), up 11.8 per cent from RM356 million in the same quarter last year.

Asia’s Reinsurers Look West: Diversification Strategy Gains Traction - AM Best

KUALA LUMPUR, Aug 21 (Bernama) -- Asia’s reinsurers are actively expanding to mature overseas markets as part of a move to diversify and be more agile with underwriting cycle management, according to a new AM Best report.

Gamuda Shares Up On SD Guthrie Collaboration, Contribution To Trickle In From 2028/29

KUALA LUMPUR, Aug 20 (Bernama) -- Gamuda Bhd shares went up in today’s early trading session after the group announced its collaboration with SD Guthrie Bhd to develop, own and operate solar power assets, including energy storage systems, with a combined target capacity of 1.2 gigawatts (GWs).

Bursa Malaysia Opens Higher On Heavyweight Buying

KUALA LUMPUR, Aug 21 (Bernama) -- Bursa Malaysia opened higher on Thursday, rebounding from yesterday’s losses on renewed buying in selected heavyweights, though sentiment remained cautious over the global economic outlook, a dealer said.