Corporate News

OCK’s 2026 listing to boost DC value and visibility

The impending listing of OCK Group Bhd's power solutions subsidiary, targeted for early 2026, is expected to unlock value and increase visibility of its emerging data centre (DC) business, which is a key growth driver.

Economy

Indonesia plans new zones for EV, halal sector

The government has announced plans to establish six new special economic zones (SEZs) covering various industries, from the halal sector to electric vehicles (EVs).

Corporate News

U Mobile partners with Sacofa for Sarawak project 

U Mobile Sdn Bhd has partnered with Sarawak-based telecommunications infrastructure provider Sacofa to accelerate the rollout of its next generation 5G network.

Economy

Cautious sentiment

While upbeat over the year-on-year (y-o-y) improvement in Malaysia's industrial production for July following the release of the month's industrial production index (IPI) report yesterday, economists continue to advocate caution with regards to the general sentiment of the economy.

Corporate News

SMRT set for earnings growth on contract wins

SMRT Holdings Bhd is in advanced stages of finalising two merger and acquisition deals to broaden its product suite and deepen customer stickiness.

Corporate News

Texchem to unlock value from disposal

RHB Research expects Texchem Resources Bhd's disposal of Sea Master Food to Japan's Yamae Global Co to unlock the value for one of the group's subsidiaries at attractive valuation multiples relative to book value and earnings.

Corporate News

Successful land buy bodes well for Sunway

Analysts are positive on Sunway Bhd's prospects having secured its second successful land tender in Singapore.

Insight

Oracle’s sudden rally demands an investing rethink

What's the fair value of a tech company? This question no longer has good answers when artificial intelligence (AI) is rapidly altering the investing landscape.

Economy

Veteran banker: BNM to keep rates unchanged

A veteran banker who led a Malaysian lender to record profit says the South-East Asian country can hold off on further cutting borrowing costs as current levels are sufficient to support growth.

Corporate News

Strong FY26 earnings growth seen for UWC

UWC Bhd's ongoing sequential improvement is set to bolster investor confidence in its ability to deliver strong financial year 2026 (FY26) earnings growth, supported by increased order flow from front-end (FE) customers.

Banking

Banks project steady earnings amid hurdles

With net interest margin (NIM) compression an ongoing concern in the local banking sector, MBSB Research expects banks to intensify focus on its preservation primarily via a liability-led strategy.

Corporate News

Axiata’s plans to unlock value in subsidiaries still hold promise

Axiata Group Bhd's aim of delivering on its value illumination goals outlined in the Axiata 5*5 Strategy, by this year is still within reach, analysts say.

Corporate News

UniCredit’s merger push leaves mark on Commerzbank

A year in to UniCredit's campaign to persuade Commerzbank to open merger talks, chief executive officer Andrea Orcel's hopes of overcoming German opposition seem as distant as ever.

Economy

Aerospace industry targets RM30bil revenue this year

The Investment, Trade and Industry Ministry is optimistic that the aerospace industry revenue will reach RM30bil this year, up from RM25.1bil recorded in 2024.

Auto

Factors supporting TIV

Strong sustained demand in the affordable car segment, new launches, buyers down-trading trend to mid-market models and forward buying interest on the deferment of new excise duty regulations to end-2025, are expected to support total industry volume (TIV) growth in the automotive sector.

Corporate News

Chinese data centre firm Zdata seeks US$500mil private loan

Chinese data centre firm Zdata Technologies Co is seeking private debt of around US$500mil to fund a project in Malaysia, according to people familiar with the matter, adding to the wave of similar deals in Asia as the demand for digital infrastructure surges.

Corporate News

BAuto quarterly net profit at RM8mil

Bermaz Auto Bhd (BAuto) expects the performance of the group for the financial year ending April 30, 2026 (FY26) to remain challenging.

Corporate News

MyNews 3Q net profit more than doubles

MyNews Holdings Bhd is anticipating continued improvement in its annual performance, driven by the expansion of its retail network.

Corporate News

Jasa Kita gets notice of unconditional takeover offer

Jasa Kita Bhd has received a notice of unconditional mandatory takeover offer from Maybank Investment Bank Bhd and Astramina Advisory Sdn Bhd on behalf of Kintan Prima Sdn Bhd.

Corporate News

Gas Malaysia expands green portfolio in Perak 

Gas Malaysia Bhd has awarded out the provision of engineering, procurement, construction and commissioning (EPCC) contracts for its biomethane purification plants in Trong and Air Kuning, Perak.