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EWI Capital falls to net loss in 2Q on higher impairments
KUALA LUMPUR (June 25): EWI Capital Bhd (KL:EWICAP), formerly known as Eco World International Bhd, has turned to a loss in its second quarter, mainly dragged by higher impairments. Net loss for the three months ended April 30, 2026 (2QFY2026) stood at RM30.86 million, as compared to a net profit of RM2.28 million a year earlier, according to a bo
Gamuda, Yinson, Glomac, NexG, Ibraco, Chin Hin, Pesona Metro, Niche Capital, Ajiya, XL Holdings & Pekat
KUALA LUMPUR (June 25): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday: Gamuda Bhd’s (KL:GAMUDA) net profit for the third quarter ended April 30, 2026 rose 4.51% to RM257.98 million from RM246.84 million a year earlier, underpinned by stronger contributions from its domestic construction
Jentayu issues redeemable preference shares to Yayasan Sabah firm to fund hydropower plant project
KUALA LUMPUR (June 25): Jentayu Sustainables Bhd’s (KL:JSB) unit, developing its flagship hydropower plant in Sabah, has raised RM10.8 million via a redeemable preference shares placement to a company owned by Sabah state-owned Yayasan Sabah to fund the project. Yayasan Sabah’s Inno Hydropower Padas Sdn Bhd has subscribed to 10.8 million redeemabl
Tower REIT names new CEO for management company
KUALA LUMPUR (June 25): Tower Real Estate Investment Trust (KL:TWRREIT) announced on Thursday the appointment of Douglas Richard Fyvie Crichton as the new chief executive officer of the trust's management company, GLM REIT Management Sdn Bhd, with immediate effect. The 54-year-old UK national has over 25 years of experience in real estate in South
IDEAS: Malaysia’s state fund allocation system lacks clear rules, transparency
KUALA LUMPUR (June 25): An IDEAS report has highlighted weaknesses in Malaysia’s system of transferring public funds to state governments, including unclear rules on how funds are allocated. The report entitled “The governance of fiscal transfers in Malaysia: Is it rule-based, predictable, and transparent?” found various issues within Malaysia’s f
第四季净利狂飙逾3倍 高美达拟2027财年推出3.71亿项目
（吉隆坡25日讯）尽管面临持续的外部成本压力，但高美达（Glomac Bhd）（KL:GLOMAC）第四季净利狂飙逾3倍，得益于更高的进度付款和审慎的成本管理。 截至今年4月杪第四季（2026财年第四季）净利弹升至1326万令吉，一年前为274万令吉，而营业额从7494万令吉增长6.4%至7975万令吉，这主要得益于KEYS半独立式住宅、Lakeside Residences和Saujana Perdana商铺以及Sungai Buloh Country Resort的Serai排屋的进度款。 该产业发展商建议，派发每股1.38仙终期单层股息，相等于4.3%周息率，但需经即将召开的股东常年大会批准。
Gold miner Niche Capital enters deal with rare earth firm to undertake exploration in Kelantan
KUALA LUMPUR (June 25): Gold miner Niche Capital Emas Holdings Bhd (KL:NICE) said it has entered into an agreement with rare earth firm Greensnow Consolidated Bhd to jointly undertake a rare earth exploration, extraction and processing project in Kelantan. The two parties plan to develop the rare earth project over 2,000 acres of land located in S
Ajiya books RM14m gain from Tanco share sales before and during developer’s rout
KUALA LUMPUR (June 25): Building materials manufacturer Ajiya Bhd (KL:AJIYA) was among shareholders that pared their holdings in Tanco Holdings Bhd (KL:TANCO) ahead of and during the property developer’s sharp share-price collapse. In a filing with Bursa Malaysia on Thursday, Ajiya said it disposed of 49.95 million Tanco shares through off-market