Some have claimed that 7% was the highest dividend rate ever paid out by the fund. Verdict:FALSENo, 7% was not the highest EPF dividend payout in Malaysia's history. In more recent history, the highest dividend rate in the past decade was 6.9% in 2017. This marked the highest dividend rate since 2017 and exceeded many analysts' expectations. Whilst 7% would have been a respectable dividend rate and higher than most recent years, it's not the highest EPF has achieved.
PETALING JAYA: Police are searching for a 13-year-old boy who went missing after leaving his home in Taman Lestari Perdana, Seri Kembangan, Serdang. Serdang OCPD Asst Comm Muhamad Farid Ahmad said the boy's 42-year-old mother lodged a report on his disappearance on Friday (Feb 27). "The boy, identified as Mohammad Adi Syahmi Rashdan, left home at about 12.15pm on Thursday (Feb 26) to go to school but has yet to return," he said in a statement on Friday (Feb 27). He said the boy is fair-skinned, has slanted eyes, is 162cm tall and weighs about 60kg. Those with information are urged to contact the nearest police station or investigating officer Insp Muhammad Yusof Hasan Ganny at 03-8076 2222.
PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) is seeking four Malaysians to assist in an investigation into a case. Those with information on her whereabouts are urged to contact investigating officer Supt Mohamad Daeem Mohd Ali at 017-9127217 or email mohamad.daeem@sprm.gov.my. Information on his whereabouts can be channelled to investigating officer Supt Ahmad Aiman Ramly at 011-61930814 or via email at ahmad.aiman@sprm.gov.my. Information on his whereabouts can be channelled to investigating officer Assistant Supt Hardiansyah Ismail at 013-5639147 or email hardiansyah@sprm.gov.my. Members of the public may also contact the MACC hotline or the nearest MACC office with any relevant information.
KUALA LUMPUR (Feb 27): Toyo Ventures Holdings Bhd (KL:TOYOVEN) has announced the resignation of its group managing director Chew Cheong Loong from the group's helm, effective Saturday (Feb 28). Toyo Ventures is grappling with the aftermath of the termination of the Song Hau 2 thermal power plant project in Vietnam, previously a cornerstone of its growth plans. Beyond its project troubles, Toyo Ventures also saw a major shareholder change in October last year. Toyo Ventures' other substantial shareholders comprise executive director Tham Kut Chong with 12.2% and Lam Peng Kee with 7.44%. Besides Chew’s slated departure, Toyo Ventures also announced the appointment of Ng Jing-Yi as a non-independent and non-executive director, effective Saturday.
Election Commission (EC) secretary Datuk Khairul Shahril Idrus says the Supplementary Electoral Roll for January 2026 (DPT BLN1/2026) is open for public review for 30 days from today until March 28. – NSTP picKUALA LUMPUR: The Supplementary Electoral Roll for January 2026 (DPT BLN1/2026) is open for public review for 30 days from today until March 28, Election Commission (EC) secretary Datuk Khairul Shahril Idrus said. It also includes 11,731 registered voters who have changed constituencies and 2,170 voters who have updated their voter category or status. Voters whose names do not appear in the DPT BLN1/2026 may submit a claim using Form C via the EC's online portal or by visiting the relevant state election office. Forms C and D are also available for download from the state election office portal and must be submitted to the respective state election director along with the applicable objection fee during office hours throughout the review period.
KUALA LUMPUR (Feb 27): MN Holdings Bhd's (KL:MNHLDG) net profit for the second quarter ended Dec 31, 2025 (2QFY2026) doubled to RM25.19 million from RM12.58 million a year earlier on the back of its highest-ever quarterly revenue. Revenue surged 94.1% to RM243.55 million from RM125.48 million in 2QFY2025, the group's bourse filing showed. The substation engineering segment remained the key growth driver, contributing RM220.29 million — about 90% of total revenue — representing a 239% year-on-year increase. The underground utilities engineering segment added RM23.26 million, reflecting steady progress in utilities and infrastructure works. For the first half of FY2026, net profit jumped 1.38 times to RM46.77 million from RM19.66 million in the previous corresponding period as revenue doubled to RM457.65 million from RM228.59 million.
A weekly round-up of tanker and dry bulk market (Feb 27, 2026)This report is produced by the Baltic Exchange. CapesizeThe week began with renewed optimism, led by a firmer Pacific market as all three major miners returned to the market and operator cargo volumes appeared healthy. The Baltic round trip TCE for the run is now at US$36,100/day. The TC23 30kt Cross UK-Continent route firmed up to WS255 this week (+17.5) which generates US$36,100/day on Baltic TCE round trip. The one-year term edged up US$125 to US$39,250/day, while the three-year rate remained steady at US$60,500/day.
RAUB: The remains of a family of five who died in a house fire in Kampung Pamah Kulat early Thursday morning (Feb 26) were laid to rest at the Bukit Gelugor Muslim Cemetery at approximately 11:45pm the same day. Five vans carrying the bodies arrived at the cemetery at 10:48pm following post-mortem procedures and cleansing at the Raub Hospital Forensic Unit, and funeral prayers at the Tengku Abdullah Mosque in Kampung Pamah Kulat. The funeral was conducted in a calm and somber atmosphere, attended by about 500 people consisting of family members, relatives, and villagers who came to pay their last respects. The fire, which occurred around 3:00am, claimed the lives of the five family members. Pahang Fire and Rescue Department Director Datuk Mohd Razam Taja Rahim said that the fire completely destroyed the house and also involved three cars and three motorcycles that were burnt.
KUALA LUMPUR (Feb 26): Tropicana Corporation Bhd (KL:TROP) reported a significantly lower net loss for its financial year 2025, supported by increased progress billings across key projects. It has also managed to trim finance costs under its ongoing strategy to reduce overall debts through asset monetisation initiatives. The group's net loss for the year ended Dec 31, 2025 (FY2025) came in at RM118.83 million, 43% less than RM208.52 million it recorded for FY2024, its bourse filing on Friday showed. Finance costs dropped 19.7% to RM140 million from RM174.34 million in FY2024. The improved annual bottom line was achieved despite the fourth quarter reporting a net loss of RM56.23 million, as opposed to a net profit of RM211.93 million in the year-ago corresponding quarter.
But a huge RM4.17 billion charge on its investment in Singapore-listed Wilmar International Ltd (SG:WILMAR INTL) meant that it suffered a RM3.2 billion loss for the quarter. PPB's revenue for the quarter under review declined 6.16% to RM1.34 billion from RM1.43 billion in 4QFY2024. Despite the impairment, PPB declared a final dividend of 30 sen per share, to be paid on June 4. The carrying value of the group’s investment in Wilmar is RM16.59 billion, representing the group’s 18.8% share of Wilmar’s net asset,” PPB said. “Notwithstanding the provision for impairment recognised, the group remains cautiously optimistic regarding Wilmar’s underlying resilience to navigate these challenges.
KUALA LUMPUR (Feb 27): IGB Bhd (KL:IGBB), the developer of Mid Valley City, said on Friday its net profit rose over 20% in the last quarter of 2025, thanks to a surge in rental income and home sales. Net profit for the three months ended Dec 31, 2025 (4QFY2025) was RM99.14 million, the company said in an exchange filing. “The group expects continued growth across its core segments” in 2026, IGB said in a statement. The company derives most of its revenue from Mid Valley Megamall and the adjacent The Gardens Mall, both parked under the listed real estate investment trust IGB REIT (KL:IGBREIT). IGB said the hotel segment is poised to benefit from the Visit Malaysia 2026 campaign, bolstered by the planned reopening of St Giles Mid Valley Kuala Lumpur in April.
Profit after tax and minority interests excluding exceptional items (Patmi ex-EI) increased 34% to RM633 million, supported by strong performances in Malaysia and India. IHH declared a final dividend of 5.5 sen per share, payable on April 30, bringing total FY2025 dividends to 10.5 sen, higher than the 10 sen paid in FY2024. Earnings before interest, taxes, depreciation and amortisation (Ebitda) grew 11% year-on-year to RM1.5 billion. Staff costs increased 4% to RM2.49 billion, while net finance costs fell 21% to RM229 million. For the full year, net profit declined 20.9% to RM2.1 billion from RM2.66 billion in FY2024, weighed down by forex losses, higher staff costs and increased depreciation charges.
KUALA LUMPUR (Feb 27): Conglomerate Berjaya Corp Bhd (BCorp) (KL:BJCORP), whose largest shareholder is its founder and adviser Tan Sri Vincent Tan Chee Yioun with a 26.32% stake, said on Friday it has appointed Levin Tan Eng Kien as executive director, effective immediately. Levin, 42, has more than 18 years of experience in investment banking and private equity across Southeast and Central Asia. He currently sits on the board of Berjaya Group Bhd and STM Lottery Sdn Bhd, and holds directorships in several private companies within the Berjaya group. His other daughter, Chryseis Tan, also sits on the board. For the financial year ended June 30, 2025, women made up 44.2% of BCorp’s workforce, with 50.08% of management roles held by women, the group said.
KUALA LUMPUR (Feb 27): Property developer S P Setia Bhd (KL:SPSETIA) registered total sales of RM5.11 billion in 2025, an increase of 2% compared to RM5.02 billion in the previous year and exceeding its target of RM4.8 billion. S P Setia said the stronger quarterly performance was driven by higher contributions from its property development segment, particularly in the central and southern regions, as well as strategic land transactions and cost efficiencies from disciplined cost management. “While we remain mindful of prevailing market challenges, the group’s fundamentals remain sound,” said S P Setia president and chief executive officer Datuk Zaini Yusoff. Total borrowings stood at RM7.92 billion as at end-December 2025, compared with RM8.58 billion a year earlier. “Anchored by its long-term vision, S P Setia will continue to accelerate catalytic township developments and eco-industrial parks, strengthening high-impact strategic partnerships, and optimising value creation across its key growth corridors,” the group added.
(Feb 27): New World Development Co posted a loss in the first half (1H) as Hong Kong’s property downturn continued to weigh on the distressed developer. The company lost HK$3.73 billion (RM1.85 billion) in the six months ended Dec 31, according to a filing to the Hong Kong stock exchange on Friday. That narrowed from a HK$6.6 billion loss a year earlier. Weakness in the commercial real estate market in Hong Kong and mainland China is hurting rental income and suppressing values for potential asset disposals. Still, a rebounding residential market in Hong Kong is set to alleviate some pressure for New World.
