TMR

MALAYAN Banking Bhd (Maybank) has completed the issuance of RM1.2 billion in Tier 2 subordinated sukuk murabahah under its expanded sukuk programme of up to RM30 billion.

In a Bursa Malaysia filing, the group said the issuance comprises three tranches with tenures of 10, 12 and 15 years, carrying profit rates of 3.78%, 3.87% and 3.95% respectively.

The instruments feature non-call periods of five, seven and 10 years.

The sukuk will qualify as Tier 2 capital under Bank Negara Malaysia’s capital adequacy framework, strengthening Maybank’s capital position.

Proceeds will be used for Shariah-compliant investments, funding Islamic business activities of its subsidiaries and overseas branches, as well as other approved Islamic business purposes.

The sukuk is rated AA1 with a stable outlook by RAM Rating Services Bhd and carries semi-annual profit payments. –TMR

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DIALOG Group Bhd posted a 9.9% increase in net profit for the third quarter ended March 31, 2026, supported by stronger engineering project activities, healthy tank terminal occupancy and firmer oil prices.

Quarterly net profit rose to RM148.3 million from RM135.3 million a year earlier, while revenue climbed 20.4% to RM696.9 million.

The group said its downstream business recorded stronger contributions from engineering, procurement, construction and commissioning projects, while its midstream operations continued to generate stable earnings backed by healthy storage utilisation rates. Its upstream segment also benefited from higher realised oil prices.

Compared with the preceding quarter, net profit improved 7.7% from RM137.7 million despite revenue declining 7.9% from RM756.3 million.

Dialog declared an interim dividend of 1.7 sen per share for the quarter, payable on June 25, compared with 1.3 sen a year earlier.

For the first nine months of FY2026, net profit surged to RM426.1 million from RM156.4 million previously, while revenue increased 11.5% to RM2.11 billion.

The group said it remains confident of weathering economic uncertainty, oil price volatility and currency fluctuations, while continuing to invest in workforce upskilling and digital transformation initiatives to strengthen competitiveness and support long-term growth. –TMR

The post Dialog 3Q profit rises 10%, raises dividend appeared first on The Malaysian Reserve.

DIALOG Group Bhd posted a 9.9% increase in net profit for the third quarter ended March 31, 2026, supported by stronger engineering project activities, healthy tank terminal occupancy and firmer oil prices.

Quarterly net profit rose to RM148.3 million from RM135.3 million a year earlier, while revenue climbed 20.4% to RM696.9 million.

The group said its downstream business recorded stronger contributions from engineering, procurement, construction and commissioning projects, while its midstream operations continued to generate stable earnings backed by healthy storage utilisation rates. Its upstream segment also benefited from higher realised oil prices.

Compared with the preceding quarter, net profit improved 7.7% from RM137.7 million despite revenue declining 7.9% from RM756.3 million.

Dialog declared an interim dividend of 1.7 sen per share for the quarter, payable on June 25, compared with 1.3 sen a year earlier.

For the first nine months of FY2026, net profit surged to RM426.1 million from RM156.4 million previously, while revenue increased 11.5% to RM2.11 billion.

The group said it remains confident of weathering economic uncertainty, oil price volatility and currency fluctuations, while continuing to invest in workforce upskilling and digital transformation initiatives to strengthen competitiveness and support long-term growth. –TMR

The post Dialog 3Q profit rises 10%, raises dividend appeared first on The Malaysian Reserve.

CITAGLOBAL Bhd has signed a memorandum of understanding (MoU) with the Lampung Provincial Government in Indonesia to assess the feasibility of developing green infrastructure projects, including waste-to-energy, biomass and solar power initiatives.

The group said the collaboration will involve joint feasibility studies to evaluate the technical and commercial viability of the proposed projects, with Citaglobal granted a first right to negotiate should the developments prove viable.

Any potential projects will be structured based on appropriate commercial models and financing frameworks to ensure bankability and disciplined execution.

Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria said the focus is on properly structuring opportunities rather than simply identifying them, with Lampung providing a practical environment to test the group’s capabilities in waste and clean energy solutions.

Lampung governor Rahmat Mirzani Djausal said the province welcomes credible partners to support its transition towards green energy, particularly in waste management, biomass and solar power development.

Citaglobal said the initiative aligns with its selective regional expansion strategy, while Malaysia remains its core market.

It added that Lampung’s large population and agricultural base provide significant feedstock potential for waste-to-energy and biomass applications, supporting the province’s broader clean energy ambitions. –TMR

The post Citaglobal Bhd signs MoU with Lampung government to explore green infrastructure projects appeared first on The Malaysian Reserve.

CITAGLOBAL Bhd has signed a memorandum of understanding (MoU) with the Lampung Provincial Government in Indonesia to assess the feasibility of developing green infrastructure projects, including waste-to-energy, biomass and solar power initiatives.

The group said the collaboration will involve joint feasibility studies to evaluate the technical and commercial viability of the proposed projects, with Citaglobal granted a first right to negotiate should the developments prove viable.

Any potential projects will be structured based on appropriate commercial models and financing frameworks to ensure bankability and disciplined execution.

Citaglobal executive chairman and president Tan Sri Mohamad Norza Zakaria said the focus is on properly structuring opportunities rather than simply identifying them, with Lampung providing a practical environment to test the group’s capabilities in waste and clean energy solutions.

Lampung governor Rahmat Mirzani Djausal said the province welcomes credible partners to support its transition towards green energy, particularly in waste management, biomass and solar power development.

Citaglobal said the initiative aligns with its selective regional expansion strategy, while Malaysia remains its core market.

It added that Lampung’s large population and agricultural base provide significant feedstock potential for waste-to-energy and biomass applications, supporting the province’s broader clean energy ambitions. –TMR

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