Sime Darby Motors Expects Losses To Stop In FY2026

KUALA LUMPUR, Aug 27 (Bernama) -- Sime Darby Motors Sdn Bhd expects its losses to cease in the financial year ending June 30, 2026 (FY2026), supported by branch consolidation in China, said managing director Andrew Basham.

Sime Darby Posts RM2.06 Bln Net Profit For FY2025

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.

Bursa Stages Rebound To Close At Intra-Day High On Late Bargain Hunting

By Harizah Hanim Mohamed

KUALA LUMPUR, July 23 (Bernama) -- Late bargain hunting of consumer-related stocks pushed Bursa Malaysia to close at its intraday high on Wednesday, allowing the market to recover losses in the previous two sessions.

UMWT Advances Clean Mobility Via Strategic Collaboration With Transport Ministry

PUTRAJAYA, April 28 (Bernama) -- UMW Toyota Motor Sdn Bhd (UMWT) is strengthening Malaysia’s transition to clean mobility through a strategic collaboration with the Ministry of Transport (MOT).

Sime Darby To Leverage Its Strong Industrial Segment In 2025 - Analysts

KUALA LUMPUR, Feb 25 (Bernama) -- Sime Darby Bhd is set to capitalise on its strong industrial segment in 2025, driven by a robust order book and the full consolidation of UMW Holdings Bhd, analysts said.

Malakoff Completes Acquisition Of ZEC Solar, TJZ Suria

KUALA LUMPUR, Jan 31 (Bernama) -- Malakoff Corporation Bhd has completed its acquisition of ZEC Solar Sdn Bhd and TJZ Suria Sdn Bhd.

CIMB Securities Expects New Vehicle Sales To Fall 7 Pct To 760,000 Units In 2025

KUALA LUMPUR, Jan 31 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by seven per cent year-on-year to 760,000 units in 2025 from last year’s 816,674, said CIMB Securities Sdn Bhd.

MARii Appoints Aminar Rashid As New Bod Chairman

KUALA LUMPUR, Jan 15 (Bernama) --  The Malaysia Automotive, Robotics and IoT Institute (MARii) has appointed Datuk Dr Aminar Rashid as the chairman of its board of directors (BOD), effective immediately.

Malaysia's TIV For New Vehicle Sales Set To Fall To 755,000 Units In 2025 - CIMB Securities

KUALA LUMPUR, Dec 26 (Bernama) -- The total industry volume (TIV) for new vehicle sales is expected to decline by four per cent year-on-year to 755,000 units in 2025, compared with 790,000 units in 2024, according to CIMB Securities Sdn Bhd.

Sime Darby’s Net Profit Soars To RM800 Mln In 1Q FY2025

KUALA LUMPUR, Nov 28 (Bernama) -- Sime Darby Bhd's net profit for the first quarter ended Sept 30, 2024 (1Q FY2025) surged to RM800 million, up from RM589 million in the same period last year.

MOSTI Aims To Produce Two Mln Tons Of Hydrogen Annually By 2030

PETALING JAYA, Nov 27 (Bernama) --  The Ministry of Science, Technology, and Innovation (MOSTI) aims to produce two million tons of hydrogen annually, scaling up to 16 million tons by 2050 in an Emission Driven Scenario (EDS) under the Economy and Technology Roadmap (HETR).

Company Secretaries Should Act Without Fear Or Favour -- MAICSA President

By Christine Lim

KUALA LUMPUR, Sept 15 (Bernama) -- The role of company secretaries in Malaysia has transformed dramatically over the years.