Binastra Corporation Bhd (KL:BNASTRA) is poised to close its financial year 2026 with a "bang", according to RHB Research, who is projecting a sharp 60% to 100% jump in its upcoming fourth-quarter earnings, driven by its strong RM7 billion order book.
Axis REIT (KL:AXREIT) aims to convert its remaining loans to sustainability-linked financing and explore more of such funding as the real estate investment trust expands its portfolio.
The trust said it will also benefit from profit rebates tied to achieving pre-agreed sustainability targets.
Under the arrangement, the banks have been appointed as joint lead coordinators to oversee the currency risk management framework linked to the ECRL’s loan obligations.
He succeeds Yeoh Chong Keat, 68, who resigned after serving on the board for nearly 10 years since his appointment in August 2016.
As of February 2026, the project has achieved about 93% overall completion.
The optimistic outlook comes even as some observers caution that the tourism campaign may face headwinds from rising geopolitical tensions, particularly in the Middle East.
Kan said the majority of Adnex’s materials and supplies are sourced domestically and from China.
One of the country’s largest fund managers said on Monday in a statement that its board investment committee considered IJM’s intrinsic value versus the RM3.15 offer price and the potential future gain from the Sunway shares to be issued, relative to their issuance price.
Transport Minister Anthony Loke said abandoned vehicles that are not properly disposed of could expose owners to legal risks, especially if the vehicles are stolen or modified by third parties.
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