22d ago
KUALA LUMPUR, Nov 26 (Bernama) -- Sunway Bhd posted a lower net profit of RM338.14 million for the third quarter (3Q) ended Sept 30, 2025, compared to RM376.08 million a year earlier, due to start-up operational losses from its new hospitals in Damansara and Ipoh.
3m ago
KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Bhd recorded a lower net profit of RM2.06 billion for the financial year ended June 30, 2025 (FY2025), a decrease of 37.7 per cent from the RM3.31 billion last year, due to the absence of a one-off RM2 billion gain from the sale of its healthcare business.
4m ago
KUALA LUMPUR, July 31 (Bernama) -- Malaysia’s construction and infrastructure sectors are set to benefit significantly from the 13th Malaysia Plan (13MP), which allocates RM430 billion for development expenditure (DE) from 2026 to 2030, according to CIMB Investment Bank Bhd.
4m ago
KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia ended the morning trading session in positive territory, supported by buying in selected counters, led by 99 SpeedMart, CIMB and Maybank.
4m ago
KUALA LUMPUR, July 21 (Bernama) -- A framework for sustainable data centres is expected to be introduced this October, according to Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
5m ago
KUALA LUMPUR, July 17 (Bernama) -- iCents Group Holdings Bhd has targeted a 10 per cent growth in revenue for 2026, driven by an expected rise in contribution from its manufacturing operations.
5m ago
KUALA LUMPUR, July 11 (Bernama) -- Malaysia’s construction sector is forecast to see a data centre (DC) award cycle in the second half of the year, driven by multiple contract decisions on tenders submitted in the first half of 2025 (1H 2025), according to Hong Leong Investment Bank Bhd (HLIB).
5m ago
JOHOR BAHRU, July 2 (Bernama) -- The Johor state government is confident that the state is on the right track to emerge as Malaysia’s new economic driver when it records the highest gross domestic product (GDP) growth in 2024.
5m ago
KUALA LUMPUR, July 1 (Bernama) -- Powerwell Holdings Bhd has accepted purchase orders (POs) worth RM16.63 million to supply switchboards and components for a hyperscale data centre project at Elmina Business Park, Selangor.
5m ago
KUALA LUMPUR, June 19 (Bernama) -- Binastra Corporation Bhd’s revenue rose by 43 per cent to RM256.8 million in the first quarter ended April 30, 2025 (1Q FY2026), a 43 per cent increase year-on-year (y-o-y) compared to 1Q FY2025.
6m ago
KUALA LUMPUR, June 19 (Bernama) -- Malaysia's data centre sector remained positive amid a recent report alleging that Chinese firms were training their artificial intelligence (AI) models at a data centre here that is powered by Nvidia chips, said MIDF Amanah Investment Bank Bhd.
6m ago
KUALA LUMPUR, May 20 (Bernama) -- Sunway Construction Group Bhd’s (SunCon) net profit for the first quarter ended March 31, 2025 (1Q 2025) surged to RM75.71 million, up from RM32.40 million in the same period last year.