KUALA LUMPUR (Feb 26): theedgemalaysia.com highlighted seven stocks with momentum at Bursa Malaysia’s afternoon close on Thursday. Four showed positive momentum, while the remaining three showed negative momentum. The algorithm differentiates between stocks that exhibit positive (+ve) momentum and negative (-ve) momentum. It merely tells you which stocks are seeing higher-than-normal volume and price movements. However, each stock has an accompanying fundamental score and valuation score to help readers evaluate the attractiveness of the stocks if they want to ride the momentum.

It declared a higher dividend of 3.5 sen per share for the quarter, from three sen, payable on March 26. Revenue rose 12.3% year-on-year to RM671.66 million, from RM598.07 million previously, a bourse filing showed. This was largely thanks to the 123.9% rise in its property development segment revenue to RM115.23 million, from its two projects The Vue @ Monterez and Papyrus @ North Kiara. The strong quarterly results lifted its full-year earnings to RM224.68 million or 17.85 sen per share, up 40.21% from RM160.24 million. Revenue rose 22.55% to RM2.25 billion, from RM1.84 billion a year ago.

KUALA LUMPUR: Action is needed to address the wild dog issue in Langkawi, as it could impact the island's tourism, says Datuk Mohd Suhaimi Abdullah (PN-Langkawi). He said this while holding up graphic images of a European tourist who was allegedly attacked by wild dogs in Langkawi during Question Time in the Dewan Rakyat on Thursday (Feb 26). “There are too many wild dogs not only in Langkawi but throughout Malaysia,” he said. In response, Deputy Tourism, Arts and Culture Minister Chiew Choon Man said the matter should be raised with the local council authorities in Langkawi. In March last year, a four-year-old boy sustained serious injuries after a pack of dogs in Kampung Dedek attacked him.

KUALA LUMPUR: In a sweet post with photos of them from back in the day and now, Prime Minister Datuk Seri Anwar Ibrahim wished his wife Datuk Seri Dr Wan Azizah Wan Ismail a Happy Anniversary. "Happy 46th wedding anniversary to Azizah. "The love of a loyal heart that accompanies us in every joy and sorrow," he said on his official social media platforms on Thursday (Feb 26). Anwar then thanked her for being his constant. "May Allah SWT continue to protect and bless our journey of life," he said.

The yen was last 0.3% stronger against the dollar at 155.87 yen, regaining some lost ground after hitting its weakest levels in two weeks, as comments from Bank of Japan officials steadied the Japanese currency. Recent newsflow has "reinforced the perception that the Takaichi administration favors a dovish stance on monetary policy", Bank of America said in a note. "But we think the underlying fundamentals point towards continued stabilisation in the JGB market and a rebound in the yen." Financial markets continue to believe almost unanimously US interest rates are going nowhere at the Federal Reserve's next meeting. The Australian dollar was steady at US$0.7126, while the New Zealand dollar briefly slipped below the US$0.60 mark against its US counterpart before recovering, last trading flat at US$0.6003.

Overall, near-term price upside remains limited,” KLK said in the notes accompanying its financial results. KLK said its plantation segment recorded a year-on-year increase of 10% in pre-tax profit to RM635mil in 1Q26, driven mainly by stronger fresh fruit bunch (FFB) yields and firm palm kernel prices. Meanwhile, its manufacturing segment recorded a pre-tax profit of RM42mil in 1Q26, compared to a pre-tax loss of RM53mil in the corresponding period last year. The group said that following the completion of its major capacity expansion projects, it is now focused on driving earnings performance. “Backed by resilient plantation operations and improving downstream contributions, the Group remains confident that it is on track to deliver a better operational performance in FY26,” KLK said.

Homeowners doubt slope stability, await permanent solutionsLingering safety fears are keeping some Block C residents of Taman United flats in Jalan Sepadu 7, Kuala Lumpur, away from their homes, even after temporary stabilisation works were carried out on the slope behind their units. On Nov 24 last year, a 60m stretch of a retention wall collapsed at about 10.30am, affecting residents of Block C along Jalan Sepadu 7 and forcing their evacuation from 52 units. While residents were allowed to return on Jan 1, occupants of two affected landed properties were advised to stay away until further notice. Although DBKL-appointed contractors had completed interim works and Block C occupants were given the green light to return at the start of the year, many held back because of these persistent safety concerns. He said these temporary works aimed to strengthen the slope, control water flow and monitor ground movement.

PETALING JAYA: Bukit Kayu Hitam Malaysian Control and Border Protection Agency (AKPS) commander’s vehicle was shot at during an early morning incident near the Malaysian-Thai ­border. “One of the suspects fired two shots, hitting the rear right door and the front passenger door of the car. Investigations showed that two shots were fired at the victim’s moving vehicle from a distance of about one metre. AKPS, in a statement, said SAC Mohd Nasaruddin was in a “safe and stable condition” following the attempt on his life. “As previously informed, the Bukit Kayu Hitam AKPS has received several threats in recent times.

KUALA LUMPUR (Feb 26): Malakoff Corporation Bhd's (KL:MALAKOF) power plant woes could hurt its earnings more than expected this year, analysts said, following its first quarterly loss in two years. The research house maintained its 'hold' rating with a target price of 74 sen, implying a downside of almost 11%. The consensus target price is now 94 sen, based on the average of 11 research houses tracked by Bloomberg. It kept its ‘buy’ call with a target price of RM1.29. Therefore, according to various analysts, the full-year core net profit fell sharply to roughly RM96 million to RM146 million, down roughly 43-64% year-on-year, with revenue declining by nearly 20%, close to RM7.2 billion.

The stock has suffered also on account of a wave of new listings by pure‑play AI firms such as chip designers and large language model developers. The Hang Seng Tech Index, which counts Alibaba, Tencent and Baidu among heavyweights, is down 9% over the past month. Baidu’s 12-month forward consensus earnings estimate has also risen over 6% since reaching a more than three-year low late last month. Options traders are pricing in a 5.7% swing in either direction for its American Depositary Receipts after the results. That’s more than the average 4.6% fluctuation seen following the last eight quarterly reports.

LBS has formally revised its dividend policy, which increased its minimum dividend payout ratio from 30% to 40% of its normalised profit after tax and minority interests (Patami). Shares of LBS Bina rose as much as 8.5% or 3.5 sen on Thursday's morning session following the results announcement. For the full-year of FY2025, LBS Bina's net profit from continuing operations rose 27% to RM137.86 million from RM108.47 million in FY2024. Including discontinued operations recorded in the previous year, total net profit for FY2025 declined 48% to RM137.86 million, from RM265.94 million in FY2024. LBS Bina's total 2025 sales of RM1.4 billion surpassed the previous year’s RM1.3 billion, Lim said in a statement.

Yet in practice, education policy and financial hub development are frequently pursued in parallel rather than in alignment. Education, investment promotion and labour mobility are managed by separate agencies with limited integration. While Malaysia has made progress through international schools and bilingual programmes, access remains limited and unevenly distributed. However, unlike physical infrastructure, education investment produces delayed returns. If Malaysia is serious about strengthening its position as a regional financial hub, education policy must be repositioned from social support to strategic investment.

A city hotel here has turned its food waste into compost for farmers, reducing landfill disposal while supporting local agriculture. - NSTP/MOHD ADAM ARININHyatt Regency Kota Kinabalu general manager, Thor Gervasi (right) , said the hotel’s monthly food waste could reach between 500kg and 600kg during peak periods. - NSTP/MOHD ADAM ARININKOTA KINABALU: A hotel here has turned its food waste into compost for farmers, reducing landfill disposal while supporting local agriculture. Hyatt Regency Kota Kinabalu general manager, Thor Gervasi, said the hotel's monthly food waste could reach between 500kg and 600kg during peak periods. Turning it into compost was a practical solution, allowing it to be repurposed and upcycled," he said, adding that food waste volume could be reduced by up to 75 per cent within 48 hours using a composting machine.

KUALA LUMPUR (Feb 26): Payments Network Malaysia Sdn Bhd (PayNet) recorded 58.7 million digital transactions across 44 universities last year, up from 24.4 million in 2024, under its PayNet Digital Campus 4.0 initiative. It’s the first place where you learn how to live by yourself,” said Praveen Rajan, CEO of PayNet, during the media Q&A at the PayNet Digital Campus Summit 2026 on Feb 25. “What we did with the PayNet Digital Campus was to help students learn how to use digital ayments on campus. Since its inception in 2022, PayNet Digital Campus has reached close to 600,000 students and more than 7,500 merchants nationwide. The campaign period for PayNet Digital Campus 4.0 ran from September to December 2025.

HONG KONG (Feb 26): Hong Kong's Court of Appeal on Thursday overturned a lower court ruling against jailed pro-democracy media tycoon Jimmy Lai's conviction and sentence for a fraud offence. Judges Jeremy Poon, Anthea Pang, and Derek Pang said in the judgement that they allowed the appeal application from Lai, and another defendant in the case. "The Court of Appeal gave them leave to appeal against their conviction, allowed their appeals, quashed the convictions and set aside the sentences," the judges wrote in a press summary of their judgement. Lai was sentenced in December 2022 to five years and nine months in jail after being found guilty of breaching the lease terms of Apple Daily’s headquarters by concealing the operation of a private company, Dico Consultants Ltd, in the building. Another Next Digital executive, Wong Wai-keung, 61, was found guilty of fraud and jailed for 21 months.