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September 7, 2026

IJM rebounds strongly in Q1 FY2027 with revenue and PATMI up 32.2% and 43.7% respectively

IJM Corporation Berhad (“IJM” or “the Group”) today announced its financial results for the first quarter ended 30 June 2026 (“Q1 FY2027”), recording strong growth in revenue and earnings, supported by higher activity in its Construction and Industry divisions. The Group posted operating revenue of RM2,292.3 million for Q1 FY2027, representing an increase of 32.2% from Q1 FY2026, while PBT rose 32.1% to RM201.8 million. PATMI for the quarter stood at RM137.4 million, an increase of 43.7% from the corresponding quarter last year, translating into basic earnings per share of 3.92 sen, compared with 2.73 sen in Q1 FY2026. The Group posted operating revenue of RM2,292.3 million for Q1 FY2027, representing an increase of 32.2% from Q1 FY2026, while PBT rose 32.1% to RM201.8 million. PATMI for the quarter stood at RM137.4 million, an increase of 43.7% from the corresponding quarter last year, translating into basic earnings per share of 3.92 sen, compared with 2.73 sen in Q1 FY2026. Dato’ Lee Chun Fai, Group CEO & Managing Director of IJM , said: “Our first-quarter performance marks an encouraging start to FY2027. Higher activity across our Construction portfolio is translating into improved earnings, while the Industry Division continues to benefit from sustained demand across data centre, industrial and infrastructure projects. “With a Construction order book of RM14.5 billion and approximately RM1.8 billion in new projects secured since the start of the financial year, we have good visibility for the period ahead. Our focus remains on delivering improved operational performance for FY2027 and executing our Value Realisation Initiatives with the target of distributing RM3 billion to shareholders.” Board declares 10 sen special dividend following treasury share resale As a further step towards delivering its target of distributing RM3 billion to shareholders over three years, IJM completed the resale of its entire 142.4 million treasury shares through open-market transactions on Bursa Malaysia on 20 August 2026. Following the resale, the Board has declared a single-tier special dividend of 10 sen per share. The special dividend will be paid on 15 October 2026 to shareholders whose names appear in the Record of Depositors on 30 September 2026. Dato’ Lee said: “The special dividend represents another tangible step in delivering the shareholder value initiatives we set out earlier this year and will continue to execute the remaining initiatives in a disciplined manner.” Business Segment Highlights The Construction Division recorded revenue of RM1,319.6 million, an increase of 36.2% from Q1 FY2026. PBT more than doubled to RM73.3 million from RM34.6 million, driven by higher construction activity, improved contributions from joint ventures and foreign exchange gains. Presently, the division’s outstanding order book remained strong at RM14.5 billion, including IJM’s share of joint ventures and associates. The order book comprises hyperscale data centres, advanced manufacturing and warehousing facilities, and road infrastructure projects across Malaysia and international markets. Since the start of FY2027, IJM Construction has secured approximately RM1.8 billion in new projects, including wins in the data centre and advanced industrial sectors. These include the RM658 million hyperscale data centre package at Elmina Business Park and projects supporting semiconductor, medical technology and other advanced manufacturing activities. The Property Division recorded revenue of RM333.7 million, a 38.5% increase from Q1 FY2026, driven by a land parcel sale in MCKIP. PBT declined to RM10.4 million from RM27.2 million, mainly due to lower unrealised foreign exchange gains and lower contributions from associates and joint ventures. In May, IJM Land entered into a joint venture agreement with Southern Catalyst Sdn Bhd to develop 307 acres of industrial and commercial land within the Johor-Singapore Special Economic Zone (JSSEZ). Progress at The Light City in Penang continues, with The Light Exchange office tower having opened in June 2026, achieving an occupancy rate of 87.7%. The Waterfront Shoppes retail mall is targeted to open in October 2026, while the 459-key five-star hotel is targeted to open in Q1 2027. The division’s unbilled property sales of approximately RM2.2 billion provide earnings visibility. The Industry Division delivered another strong quarter, with revenue increasing 42.3% to RM443.8 million and pre-tax profit rising to RM61.7 million (Q1 FY2026: RM54.3 million). The division secured a record 953,000 tonnes of pile orders during the quarter, building on the momentum from its highestever monthly order of 400,000 tonnes recorded in April 2026, alongside record-breaking sales and production volumes achieved in May and June, reflecting sustained demand from the data centre, industrial and infrastructure construction boom. The Toll Division reported a revenue of RM91.2 million, an 11.3% decrease from Q1 FY2026, mainly due to the absence of toll compensation revenue following the completion of the NPE toll restructuring, as well as an unfavourable traffic mix and a weaker Indian Rupee at its overseas tollways. PBT, however, increased 47.5% to RM31.0 million supported by lower amortisation and finance costs and lower foreign exchange losses. Construction of the New Pantai Expressway Extension (NPE 2) continues to progress on schedule and is expected to provide long-term earnings visibility. Kuantan Port recorded revenue of RM94.1 million, a decrease of 7.2%, while PBT declined 13.6% to RM24.4 million due to lower cargo throughput. The recovery of a key customer’s production capacity following its major maintenance shutdown has taken longer than expected. The division expects cargo throughput to recover as the customer’s operations normalise and bulk cargoes volumes, such as bauxite and iron ore, continue to rise. Outlook The Group expects its operational performance to improve in FY2027, supported by its Construction order book, continued demand for Industry products and approximately RM2.2 billion in unbilled property sales. IJM remains financially well-positioned to execute its existing projects and pursue selected growth opportunities. Datuk Lee Teck Yuen succeeds Tan Sri Krishnan Tan as IJM Chairman IJM Corporation Berhad has appointed Datuk Lee Teck Yuen as Chairman of the Board with effect from 27 August 2026, succeeding Tan Sri Dato’ Krishnan Tan following his retirement from the Board upon the conclusion of the Company’s 42nd Annual General Meeting. Datuk Lee has served on the IJM Board since May 2007, including as Senior Independent NonExecutive Director from 2012 to 2022, and brings more than 40 years of experience in the local and international property business. He holds a Bachelor of Science (Honours) in Civil Engineering and Business Administration from the University of Leeds, United Kingdom. His appointment provides continuity in Board leadership as IJM continues to execute its strategic priorities and build on the strong foundations established over the years. IJM will hold its 42nd Annual General Meeting on 27 August 2026. About IJM Corporation Berhad IJM Corporation Berhad (“IJM”), formed in 1983, today ranks as one of Malaysia’s leading conglomerates with an international footprint forged by its four core businesses: construction, property development, industry (quarrying and the manufacture of building materials) and infrastructure concessions. IJM holds leading positions across all its business divisions. Its growth is the direct result of strong leadership, dedicated employees, financial prudence and commitment to good governance and quality. The Group presently has a market capitalisation of around RM9.56 billion and as of June 2025, the Group employed around 3,600 employees and had total assets of RM22.3 billion. For more information, visit www.ijm.com

September 7, 2026

Business

IJM Construction secures RM909.5 million in semiconductor and medical technology projects

IJM Construction Sdn Bhd (“IJM Construction”), a wholly-owned subsidiary of IJM Corporation Berhad (“IJM” or “the Group”), has added two fast-track projects in the semiconductor and medical technology sectors with a combined value of RM909.5 million to its FY2027 contract wins. The projects comprise a RM455 million contract for the civil, structural and architectural works of an automated storage and retrieval system (ASRS) warehouse for a multinational technology company’s semiconductor facility in Kulim, Kedah, and a RM454.5 million medical device manufacturing facility for Intuitive Surgical Malaysia Sdn. Bhd. at Bandar Cassia Technology Park, Batu Kawan, Penang. Both projects are being delivered on fast-track schedules of less than 18 months. The new facility will support the manufacture of Intuitive’s surgical instruments and electromechanical devices used in minimally invasive robotic-assisted surgery and is IJM Construction’s second medical device manufacturing project. Dato’ Lee Chun Fai, Group CEO & Managing Director of IJM Corporation Berhad, said: “Semiconductor and medical device manufacturing facilities are becoming increasingly complex and time-critical, with customers placing greater emphasis on execution certainty and the ability to deliver projects to demanding technical standards. “Over the past few years, IJM Construction has built a strong portfolio across data centres, semiconductor and E&E manufacturing facilities. The Intuitive project represents an important breakthrough for us in medical device manufacturing, extending our capabilities into an adjacent high-value sector while building on the same core strengths in engineering and fast-track execution.” IJM Construction also leverages industrialised construction methods, including Industrialised Building System (IBS) solutions and off-site fabrication where appropriate. Backed by the Group’s vertically integrated capabilities, these methods enhance productivity, improve quality and safety, reduce on-site complexity and provide greater certainty in meeting demanding project schedules. The Group’s Construction Division has an outstanding order book of RM 14.51 billion, comprising a mix of private and public sector projects across building construction, advanced industrial facilities and civil engineering. Advanced industrial facilities now account for approximately 55% of IJM Construction’s domestic outstanding order book, reflecting the growing contribution of this segment to its construction portfolio. Malaysia continues to attract investments in semiconductor manufacturing, E&E, medical technology, digital infrastructure and other high-value industries, supporting continued demand for advanced industrial facilities. About IJM Corporation Berhad IJM Corporation Berhad (“IJM”), formed in 1983, today ranks as one of Malaysia’s leading conglomerates with an international footprint forged by its four core businesses: construction, property development, industry (quarrying and the manufacture of building materials) and infrastructure concessions. IJM holds leading positions across all its business divisions. Its growth is the direct result of strong leadership, dedicated employees, financial prudence and commitment to good governance and quality. The Group presently has a market capitalisation of around RM9.56 billion and as of June 2025, the Group employed around 3,600 employees and had total assets of RM22.3 billion. For more information, visit www.ijm.com

September 7, 2026

Business

Completion of Acquisition of Enlarged Share Capital of Arport Aircraft Maintenance & Engineering (Fujian) Co., Ltd.

SIA Engineering Company Limited (“SIAEC”) wishes to announce that SIAEC’s acquisition of a 30% equity stake in the enlarged share capital of Arport Aircraft Maintenance & Engineering (Fujian) Co., Ltd. (“Arport AME”) (the “Transaction”) has been completed on 26 August 2026. All the conditions precedent for the completion of the Transaction have been fulfilled. This follows SIAEC’s announcement on 17 March 2026 of the signing of the agreements by SIAEC and SIAEC Global Private Limited (“SIAEC Global”), which is a wholly-owned subsidiary of SIAEC, with Arport AME, Xiamen Iport Group (“IPORT Group”) and the direct shareholders of Arport AME to effect the Transaction and establish an MRO joint venture in Fujian, China. With the completion of the Transaction, Arport AME has become an associated company of SIAEC, with Arport (Xiamen) International Airport Co., Ltd. (“Arport Xiamen”) and Arport (Fuzhou) International Airport Co., Ltd. (“Arport Fuzhou”) holding the remaining 38.5% and 31.5% of the share capital of Arport AME, respectively. The Transaction is not expected to have a material impact on the consolidated net tangible assets per share or the earnings per share of the SIAEC Group for the financial year ending 31 March 2027. None of the Directors and controlling shareholders of SIAEC has any interest, direct or indirect, in the Transaction, other than through their shareholdings (if any) in SIAEC. By Order of the Board Lu Ling Ling Company Secretary 26 August 2026 Singapore About SIA Engineering Company (Company Registration No. 198201025C) www.siaec.com.sg SIA Engineering Company (SIAEC) is a major provider of aircraft maintenance, repair and overhaul (MRO) services in Asia-Pacific. SIAEC has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at over 30 airports in 9 countries, as well as airframe, engine and component services on some of the most advanced and widely used commercial aircraft in the world. The 26 subsidiaries and joint ventures with original equipment manufacturers and strategic partners in Singapore, Cambodia, China, Indonesia, Japan, Malaysia, Philippines, the United States of America and Vietnam increase the depth and breadth of the Company’s service offerings. SIAEC has approvals from 27 national aviation regulatory authorities to provide MRO services for aircraft registered in the United States of America, Europe, China and other countries. About Xiamen Iport Group Co., Ltd Xiamen Iport Group Co., Ltd, (“IPORT Group”) a modern state-owned enterprise, ranks among China’s top 500 multinational enterprise groups. It is engaged in the business of services and investment holding of trans-national and diversified businesses, primarily in four sectors: aviation management, logistics and supply chain business, tourist hotels and the development and management of ports in economic zones. IPORT Group, through its subsidiary Arport AME, delivers line maintenance and ground services for airlines operating at Xiamen, Fuzhou, Wuyishan and Longyan airports in Fujian province. In addition to line maintenance and ground services, Arport AME will also provide base maintenance services at the upcoming Xiamen Xiang’an airport. For more information, please contact: Tan May Lyn Manager Corporate SIA Engineering Company Limited Tel: (65) 6548 1157 E-mail: maylyn_tan@singaporeair.com.sg

September 7, 2026

Business

HKT to participate in GenA.I. Sandbox++ to develop AI Agent identity verification

HKT Payment Limited, HKT’s financial services arm, has been selected by Hong Kong’s financial regulators to participate in the Generative Artificial Intelligence (GenA.I.) Sandbox++ initiative and conduct a pilot trial on registration and verification for AI agent-initiated payment flows, helping to advance responsible innovation in Hong Kong’s financial sector. As AI agents rapidly gain traction in financial services, they are becoming capable of initiating payments, wallet top-ups, peer-to-peer transfers, and cross-institution transactions on behalf of users. Yet, current Know Your Customer (KYC) and Know Your Business (KYB) frameworks were not designed to address the verification of AI agents or determine who is ultimately responsible for their actions. In collaboration with Red Date Technology, a provider of decentralised technology and digital infrastructure, HKT will develop an “Agentic ID” framework built on Decentralised Identifiers (DIDs) and Verifiable Credentials (VCs). Under this framework, each AI agent will be bound to a verified individual or enterprise principal, providing a more secured and standardised way to register and verify AI agents acting on behalf of individuals and enterprises. Designed to strengthen security and governance, the “Agentic ID” framework aims to enhance identity verification, help mitigate the risk of impersonation or unauthorised actions, and establish a clearer audit trail for AI-driven transactions. It also leverages the zero-knowledge proof technology, which enables data to be verified and used without being revealed, giving users full ownership and control over their private information. Monita Leung, CEO, Digital Ventures, HKT, said, “As the adoption of AI agents in payments and financial services is accelerating, robust safeguards are critical to maintaining trust, security and accountability. Through participating in the GenA.I. Sandbox++ initiative, we are committed to supporting the development of practical solutions for the responsible use of AI in digital finance. We believe this project will contribute to Hong Kong’s vision in establishing a resilient and future-ready fintech hub, as well as advancing the broader ‘AI+’ initiative.” Launched by the Hong Kong Monetary Authority, the Securities and Futures Commission, the Insurance Authority and the Mandatory Provident Fund Schemes Authority in collaboration with Cyberport, the Gen A.I. Sandbox++ initiative promotes cross-sector collaboration and the responsible adoption of AI across Hong Kong's financial ecosystem.

September 7, 2026

Business

Axiata reports stronger earnings in 1H26, declares 5.5 sen dividend

Axiata Group Berhad ("Axiata" or "the Group") continued to advance its Axiata28: Advancing Asia strategy in the first half of 2026, delivering stronger portfolio performance across its Telecommunications and Technology businesses. During the period, the Group received RM875.3 million in dividends from its operating companies, reflecting increasingly diversified cash flows across the portfolio and supporting long-term shareholder returns. The results mark the first six months of execution under Axiata28: Advancing Asia and provide early evidence of the Group's focus on stronger portfolio performance, broader portfolio contributions and sustainable shareholder returns. Despite foreign exchange headwinds, the Group delivered strong underlying growth. Underlying PATAMI more than doubled to RM717.2 million, driven by stronger contributions from its operating companies. On a constant currency basis, revenue grew 7.3%, Earnings Before Interest, Tax, Depreciation and Amortisation (“EBITDA”) increased 14.1% and Earnings Before Interest and Tax (“EBIT”) rose 80.9%, supported by merger synergies, operational improvements and disciplined cost management across the portfolio. On a reported basis, revenue stood at RM5.7 billion, while EBITDA grew 1.7% and EBIT increased 60.7% year-on-year (“YoY”). Axiata maintained a resilient balance sheet with RM3.7 billion in cash while continuing to invest in network modernisation and 5G deployment across its markets. Despite increased investment across the portfolio, Holding Company borrowings declined YoY, reflecting disciplined capital allocation, balance sheet discipline and liability management. Net Debt/EBITDA stood at a prudent 2.63x. Portfolio Highlights Axiata's Telecommunications businesses remained the Group's primary earnings and cash generation drivers in the first half of 2026, supported by improving market conditions, merger synergies and disciplined execution across the portfolio. 5G deployment continued across all operating markets, with Bangladesh remaining at an earlier stage of rollout. CelcomDigi continued to deliver resilient performance through operational excellence, convergence growth and disciplined cost management. XLSMART maintained strong post-merger momentum, with integration progressing ahead of plan and supporting stronger profitability. Robi strengthened its market position through subscriber growth, higher data consumption and disciplined execution despite a challenging operating environment. Dialog delivered another strong performance, combining mobile growth, cost discipline and shareholder returns while maintaining its 5G leadership position. Smart continued to benefit from sustained data demand, higher ARPU and a strong balance sheet. Linknet showed encouraging signs of operational recovery, supported by subscriber growth and improving enterprise traction. EDOTCO maintained resilient underlying operating momentum despite foreign exchange translation headwinds. The Technology portfolio continued to make progress towards profitability while scaling for future growth. ADA sustained double-digit revenue growth, driven by its Solutions business and increasing demand for digital commerce, data and AI-enabled services. Boost delivered stronger performance supported by loan book expansion and continued growth in its digital financial services platform. Collectively, these businesses are generating stronger earnings, broader cash flows and increasing dividends, reinforcing Axiata's ability to deliver sustainable shareholder returns under Axiata28: Advancing Asia. Delivering on Axiata28: Advancing Asia Across the Group, stronger execution, merger synergies and operational improvements are translating into stronger financial performance and broader contributions from across the portfolio. As a Smart Asset Manager, Axiata focuses on helping its businesses realise their full potential while directing capital towards opportunities that create long-term value. Broader contributions across the portfolio and improving underlying performance demonstrate the strength of this approach and support its commitment to sustainable shareholder returns. Tan Sri Shahril Ridza Ridzuan - Chairman of Axiata "The Board is encouraged by the stronger performance across Axiata's businesses and the growing contribution from across the Group. These results reflect the strength of Axiata's portfolio and reinforce our confidence in the Axiata28: Advancing Asia strategy. Our focus remains on maintaining financial strength, supporting sustainable shareholder returns and delivering long-term value creation. In light of this, the Board is pleased to declare a first interim dividend of 5.5 sen per ordinary share, underscoring our commitment to delivering sustainable value for shareholders." Nik Rizal Kamil =- Group Chief Executive Officer and Managing Director of Axiata "The first half of 2026 demonstrates the strength of our Telecommunications and Technology portfolios and the progress we are making under Axiata28: Advancing Asia. We are increasingly seeing the benefits of stronger market structures, merger synergies, operational excellence and disciplined capital allocation flowing through to stronger earnings, broader portfolio contributions and sustainable shareholder returns. As a Smart Asset Manager, our role is to enable each business to realise its full potential while allocating capital where it can create the most value. This allows us to strengthen shareholder returns while building a more resilient and diversified Axiata." Appendix: Operating Company Performance Summary (1H26) Telecommunications CelcomDigi: Delivering resilient revenue, strong cost execution and sustained shareholder returns. CelcomDigi delivered a resilient 1H26 performance, supported by growth across Mobile, Home & Fibre and Enterprise Solutions segments. RM141 million in YTD cost savings supported positive operating leverage, driving EBITDA growth of 1.7% and EBIT growth of 0.6%. The business maintained its sustainable dividend commitment through the declaration of a second interim dividend of 3.4 sen per share for Q2 2026. XLSMART: Strong post-merger momentum with synergies driving higher profitability. Revenue growth of 25.8% YoY was driven by sustained data demand, a stable subscriber base and expansion in APRU. XLSMART’s continued post-merger integration and optimisation also accelerated synergy realisation and strengthened operating performance. These measures contributed to EBITDA growth of 24.6% YoY, with margin reaching 45.7% and underlying PAT of IDR2.7 trillion. Robi: Driving growth through higher data subscribers and consumption, coupled with network modernisation plan. Robi’s underlying operating momentum remained healthy, with sustained data demand and cost efficiencies supporting positive operating leverage and stronger earnings growth. Robi advanced its network modernisation programme in Dhaka while maintaining a resilient balance sheet and strengthening earnings momentum, with EBITDA rising 15.6% YoY and PATAMI growing 29.3% YoY. Dialog: Strong execution sustains shareholder returns while sustaining 5G investments. Dialog recorded a strong YTD performance with EBITDA growth of 22.9% and PATAMI more than doubling, driven by mobile monetisation and disciplined cost management. This strengthened Dialog’s capacity to balance shareholder returns with continued 5G investments to reinforce its competitive positioning and 5G leadership in Sri Lanka. The company’s YTD dividends reached Rs1.40 per share, translating into an annualised yield of 6.1%, based on the share price as at 30 June 2026. Smart: Healthy topline growth, as ARPU uptrend continues. Despite facing a challenging operating environment in Cambodia, Smart registered a healthy topline growth, attributed to growing prepaid data demand and higher ARPU, with a resilient EBITDA and EBIT margins of 58.7% and 36.9% respectively. The balance sheet remained strong and YTD PATAMI held steady at USD65.1 million, reflecting solid business performance, alongside accelerated investment in 5G to strengthen network capabilities. Linknet: Operational recovery emerging through subscriber additions and enterprise traction. While Linknet’s YTD26 performance remained challenged, its Q2 2026 performance showed early signs of recovery, with revenue and EBITDA improving sequentially by 6.8% and 33.1% QoQ respectively. This was supported by stronger Home Connects through subscriber addition, SaaS execution and an improving enterprise pipeline. The business remains focused on sustaining operational momentum, translating subscriber growth and enterprise execution into stronger revenue performance, while maintaining disciplined cost and capex management. EDOTCO: Affected by forex headwinds. Reported YTD performance was impacted by the appreciation of the Malaysian Ringgit against OpCo currencies, as well as commercial settlements in Malaysia and Bangladesh. Notwithstanding these factors, EDOTCO maintained solid underlying operating momentum, supported by 3.7% YoY growth in tenancies. Technology ADA: Double-digit revenue growth sustained through Solutions expansion despite margin pressures. YTD revenue rose 15.9%, driven by strong Solutions-led growth, supported by growing demand of Commerce and Personalisation services. Continued investments in platform capabilities and AI to support future scalability, coupled with higher fulfilment costs moderated earnings, with EBITDA declining 20.9%. The completed acquisition of Algonomy, a leading AI-powered commerce platform trusted by over 400 brands globally further strengthens ADA's AI capabilities in Commerce and Personalisation segments, reinforcing its position as a data and AI experience company. Boost: Loan book expansion supporting growth. Boost registered 67.3% growth YoY in revenue, supported by the one-off income of RM51.0 million from software and related services, as well as continued loan book expansion. The bank loan book also grew to RM418.0 million, while investments in technology and talent continue to build capabilities for future scale. Strategic growth initiatives across Lending, Life & Credit, Connect and Indonesia are expected to drive stronger momentum ahead.

September 7, 2026

Business

CATL Announces Local Partnership, Showcases Full-Chain Storage at The Smarter E South America 2026

CATL is showcasing its full energy storage ecosystem at The Smarter E South America 2026 in São Paulo from August 25 to 27, demonstrating capabilities across the entire value chain, from cell R&D and energy management to project delivery and localized services. At the show, the company also announces a strategic partnership with Moura to jointly participate in Brazil's Capacity Reserve Auction for Energy Storage, reinforcing its commitment to the country's resilient and sustainable energy future. A Storage Portfolio Engineered for Brazil's Energy Landscape CATL is presenting a broad portfolio of large-scale storage solutions purpose-built to meet Brazil's evolving power market needs. TENER S, CATL's next-generation energy storage solution, leads the lineup. Built to maximize long-term asset value, it delivers zero degradation in capacity and power over the first year of a 20-year design life. Its liquid cooling system cuts auxiliary power consumption by up to 20%, lowering operating costs. TENER S also increases areal energy density by 30% and reduces site footprint by 20%, lowering balance-of-system costs. For Brazil, where grid instability remains a persistent challenge, TENER S delivers the utility-scale capacity and long-term reliability the country needs for renewable integration. The system has already been selected for major global projects, including a 1.5 GWh project in Spain and a long-term service-backed deployment at the Supernode project in Australia. For high-density utility and industrial/commercial applications, TENER H leverages 575 Ah cells to pack 9,008 kWh per container, boosting land utilization by 45% and cutting project costs where land is at a premium. It supports flexible 2-, 4-, and 8-hour configurations: the 2-hour option delivers fast response for grid stabilization, while the 4- and 8-hour versions achieve up to 96.0% round-trip efficiency to maximize long-duration returns. CATL is also unveiling TENER Sodium in Brazil for the first time. Launched recently, this 30 MWh integrated sodium-ion system delivers a 20-year design life, 95% round-trip efficiency, stable operation from -20°C to +45°C, and IEC/UL/CE certifications. Beyond its advanced cells, the system features coordinated BMS, PCS, and thermal management optimized for sodium battery characteristics, enabling rapid deployment and site-level reliability. TENER Sodium extends CATL's site-level engineering and full-lifecycle asset management capabilities into the sodium-ion domain—capabilities built through years of turnkey project deliveries worldwide and reinforced by the company's recently unveiled whole-station testing facility in Xiamen, which validates real-world grid-connected performance to ensure bankable results from day one. Together, these strengths underscore CATL's role as a leading comprehensive energy storage solution provider. Rooted in Brazil, Partnering for the Long Run "CATL's commitment to Brazil rests on three fundamental pillars: partnership, proven delivery, and localized service," said Ray See, Executive President of CATL's Americas Energy Storage Business Division. "While we provide world-class storage solutions, our broader mission is to build self-sustaining capabilities on the ground. By forging deep local alliances, executing with proven excellence, and equipping domestic talent with the expertise to take the lead, we establish a reliable support ecosystem that stands with our partners for the long run." At the event, CATL announces a strategic partnership with Moura, a leading Brazilian battery manufacturer, for joint participation in Brazil's Capacity Reserve Auction for Energy Storage (LRCAP 2026 – National Storage) promoted by the Ministry of Mines and Energy. This collaboration combines CATL's advanced energy storage solutions with Moura's deep local expertise, with the support of a second strategic partner that holds the No. 1 market share in PCS/inverters in the country, aiming for localized production that complies with the auction's local content requirements. The partnership builds on CATL's strong and growing foothold in Brazil, where the company already holds a 45% market share in energy storage. Its project portfolio spans utility transmission, agriculture, cold-chain logistics, and industrial facilities, including the landmark Registro project. As Brazil's first utility-scale battery energy storage system in the transmission sector, Registro has reliably supported a critical substation serving 15 cities and some 2 million residents since its commissioning in December 2022. CATL's local commitment extends across the full lifecycle of its storage assets. Its South American service network includes five senior storage experts and more than 140 certified engineers, enabling a tiered response framework: one-hour remote support, two-day on-site dispatch, and five-day cross-regional expert escalation. Dedicated regional inventory, backed by four global core warehouses and over 50 front-end stocking points, guarantees core spare parts availability for up to 20 years. CATL also offers standardized training through its South American facility in Santiago, Chile, and operates regional recycling channels for compliant transport, dismantling, and material recovery at end of life. Bringing Global Excellence and Recognized Bankability to Brazil CATL's industry leadership has recently been underscored by three of the world's most influential energy sector evaluators. S&P Global Energy named CATL a Tier 1 supplier in both energy storage battery cells and systems for 2026, ranking it first globally by market share in each category. Wood Mackenzie awarded CATL an "A" grade and placed it among the top 3 in its inaugural Global BESS Integrator Comprehensive Ranking. BloombergNEF has included CATL on its Tier 1 Energy Storage List for 11 consecutive quarters since the ranking's inception in Q1 2024. Together, these endorsements validate CATL's comprehensive strengths in long-term reliability, stable delivery, and bankability across global markets. This industry recognition is backed by strong financial and shipment performance. CATL's energy storage battery system revenue reached RMB 53.26 billion (approximately $7.9 billion) in the first half of 2026, up 87.54% year on year. According to SNE Research, the company shipped 125.0 GWh of ESS batteries in the period, capturing the world's largest market share. Recent project successes further demonstrate CATL's full-lifecycle delivery capability. In May 2026, CATL and Solarpro brought online a 602 MWh project in Burgas, Bulgaria, now Eastern Europe's largest operational battery storage facility. In Australia, the Supernode project reached Stage 2 commercial operation in August 2026, while Stage 3 secured A$469 million in debt financing; CATL is supplying systems across all stages and providing long-term O&M support. In the United States, the 380 MW / 1,416 MWh Gemini solar-plus-storage project has been operational since July 2024 and completed US$760 million in refinancing in March 2026, a clear sign of investor confidence in CATL-equipped assets.

September 7, 2026

Business

CATL Signs Memorandum of Understanding with Schaeffler

Recently, CATL signed a Memorandum of Understanding with Schaeffler, a leading global motion technology company. The two sides will engage in strategic cooperation focused on Battery Management Systems (BMS) and "X-in-One" Integrated Power Management Systems. The partnership will develop localized electric control solutions tailored to the needs of European automakers, accelerating Europe's new energy transition. Leveraging Schaeffler's proven on-board charger (OBC) and high-to-low voltage DC-DC converter solutions alongside CATL's cell monitoring unit (CMU) and high-voltage power distribution unit (PDU) technologies, the collaboration will focus on two key areas: ● Joint Development of BMS Solutions: The collaboration will target the expansion of the European market, satisfying customer demand for high-safety, high-quality electric control products. ● Co-creation of "X-in-One" Integrated Power Management Systems: The partnership will enable deep integration of high-voltage electric control, power distribution, and voltage conversion. This solution significantly reduces wire harnesses and components, enabling lightweight and compact battery pack structures while effectively lowering overall vehicle costs and enhancing range performance. Moving forward, CATL will continue to collaborate with partners across the global industrial chain to deliver highly integrated, ultra-safe, and locally supplied electric control solutions, driving the global new energy transition and sustainable development.

September 7, 2026

Business

Beamtree delivers continued growth in FY26

Recurring revenue grew 10% to $27.6 million, representing 95% of total revenue, with growth across Beamtree’s core Coding, Diagnostics and Knowledge Networks businesses. Behind these results is a healthcare technology business operating at significant scale. 73% of patient records in Australia are processed through a Beamtree solution, while more than 100 million cases are interpreted through RippleDown each year. Across our products, decades of healthcare data, specialist expertise and long-standing customer relationships have created deep capability and intellectual property that is difficult to replicate. For CEO Gareth Pye, who joined Beamtree during FY26, this is central to the opportunity ahead: “What has impressed me most since joining Beamtree is the depth of our healthcare expertise, the strength of our technology and the reach we already have. We have decades of IP, incredibly strong customer relationships, and products that are deeply embedded within healthcare systems. Our opportunity now is to bring greater focus to those strengths and use them to continue to drive sustainable growth in Australia and internationally.” Beamtree enters FY27 focused on continuing to grow its strong Australian and New Zealand base, progressing targeted opportunities in the UK, Canada and Saudi Arabia, and leveraging its unique IP to develop trusted AI and automation solutions for healthcare. Click here to read Beamtree’s full FY26 Audited Annual Results.

September 7, 2026

Business

FTREIT unitholders approve new acquisition, expanding portfolio to over THB 55 billion

FTREIT held its Unitholders’ Meeting No. 1/2026 on 26 August 2026 where unitholders approved the acquisition of high-quality investment assets from Frasers Property Thailand and backed its fifth capital increase. FTREIT’s acquisition of the additional investment assets is based on a total investment value of up to THB 2,784.4 million [1] with the portfolio comprising more than 130,000 sqm of freehold assets across prime assets in strategic locations. The investment assets’ inclusion into FTREIT’s portfolio will expand its total asset value to over THB 55 billion, further solidifying its position as Thailand’s leading industrial REIT with one of the largest industrial property portfolios under management in the country. The acquired assets comprise five factory buildings (five units) and four warehouse buildings (16 units), totalling nine buildings (21 units) located in Ayutthaya, Prachinburi, Chonburi, and Rayong. The assets are currently leased to top-tier tenants from diverse industries, underscoring Frasers Property’s reputation as a trusted real estate brand and strategic partner. Mr. Bhumpharn Arunthammakul, Managing Director of Frasers Property Industrial REIT Management (Thailand) Company Limited (FIRM), the REIT Manager of FTREIT said, “The successful completion of this investment reinforces FTREIT's leadership in the industrial REIT sector, expanding its assets under management to over 2.5 million sqm post-acquisition. This underscores our stability and commitment to delivering consistent, sustainable long-term cash flows,” stated Mr. Bhumpharn. Effective from 21 September 2026, FTSE Russell is reclassifying FTREIT from its Micro Cap to the Small Cap segment of the FTSE Global Equity Index Series (FTSE GEIS) based on its September 2026 review. This reclassification is expected to strengthen institutional investor interest in FTREIT. Following unitholder approval for the acquisition of investment assets and capital increase, FTREIT expects the batch transfers of assets into its portfolio during September 2026 and January 2027. Additionally, the REIT Manager will submit the filing to the Securities and Exchange Commission (SEC) to offer up to 182 million additional trust units. The overall transaction for this unit offering is expected to be completed by early 2027. [1] Exclusive of the expenses in relation to the investment, i.e., the expenses for the hiring of the property appraisers, legal advisor fees and independent financial advisor fees.

September 7, 2026

Business

AirAsia embarks on first-of-its-kind codeshare partnership with leading Türkiye LCC Pegasus and amps up Istanbul frequency to daily

AirAsia is taking another significant step in expanding its international connectivity with the launch of its first-ever codeshare partnership with Türkiye’s largest low-cost carrier (LCC), Pegasus Airlines, opening up seamless connections between Southeast Asia and Europe via Istanbul. The partnership brings together two LCC powerhouses from Asean and Europe, connecting AirAsia’s extensive network across Asean and Asia with Pegasus’ broad European network through its Istanbul Sabiha Gökçen hub. This also marks another milestone in AirAsia’s mission in becoming the world’s first low-cost network carrier, as the airline makes international travel more accessible and affordable, while strengthening Kuala Lumpur’s position as a key gateway between Asia and the world. Taking AirAsia further into Europe, the partnership will progressively open access to more than 100 routes between Asia and Europe via AirAsia and Pegasus’ combined network. Kicking off with five European destinations - Stansted (London), Vnukovo (Moscow), Esenboga (Ankara), Zurich (Switzerland) and Athens (Greece) - the partnership connects guests from Kuala Lumpur via Istanbul, laying the groundwork for a much broader European network. To further strengthen the Asia-Europe connection, AirAsia will increase its Kuala Lumpur-Istanbul (KUL-SAW) frequency from four times to seven times weekly by February 2027, providing travellers with greater flexibility and more convenient connectivity between the two regions. AirAsia X’s Kuala Lumpur-Istanbul route has provided a direct link between Southeast Asia and the gateway city of Istanbul since November 2025, and the codeshare arrangement is designed to provide a seamless connecting experience, with guests able to travel on a single booking and have their baggage checked through to their final destination - without the need to check in again or collect and re-check their bags during transit in Istanbul. The expanded connectivity will give guests greater choice and convenience when travelling between Asia and Europe, while opening up more possibilities as the network continues to grow. The new connectivity also extends in both directions. Travellers from Europe will be able to connect through Istanbul and onward to Kuala Lumpur, where they can access AirAsia’s extensive Fly-Thru network across Asean, Asia and Australia. This includes popular destinations in Indonesia, the Philippines, Thailand, China, Vietnam and more with its increased frequency to Istanbul, further enhancing connectivity between Europe and Asia and giving European travellers greater access to some of the region’s most sought-after destinations through AirAsia’s extensive network. Bo Lingam, Group CEO of AirAsia Group, said : “As AirAsia’s first-ever codeshare, this partnership marks a meaningful milestone in our 25th year and the next chapter in our evolution from a leading Asean low-cost carrier into a truly global travel network. By connecting our extensive network across Asia with Pegasus’ strong European network from Istanbul, spanning 160 destinations across 56 countries, we are making Europe more accessible to our guests while creating a gateway for European travellers to discover Asean and beyond. This partnership gives travellers more choices, connectivity and opportunities to explore the world at affordable fares, while laying the foundation for even greater connectivity through strategic partnerships in the future.” Güliz Öztürk, CEO, Pegasus Airlines , said: "Istanbul Sabiha Gökçen is a natural connecting point between Europe and Asia. That AirAsia's first-ever codeshare is with Pegasus Airlines is a source of pride: it reflects the network we have built from Istanbul over two decades, and a hub that continues to grow. Our guests can now reach Kuala Lumpur seamlessly and, from there, AirAsia's network of more than 140 destinations across Asia-Pacific, while travellers from Southeast Asia and beyond gain a gateway into Türkiye and Europe. We will build on this together, developing a more integrated travel ecosystem across both networks and opening up more destinations, simpler journeys and affordable fares for our guests." To commemorate this exciting collaboration with Pegasus, AirAsia will be offering a limited time promo fare for flights from Kuala Lumpur to these five destinations via Istanbul Sabiha Gökçen, from just RM799* all-in-one-way, and from only USD199* all-in-one-way from Esenboga (Ankara), Vnukovo (Moscow), Athens (Greece), Zurich (Switzerland) and from USD299* from Stansted (London) to Kuala Lumpur. Book through AirAsia MOVE between 2 to 6 September 2026 for travel from today to 27 March 2027. *Includes passenger service charge, regulatory service charges, fuel surcharges, other applicable fees, and 20kg checked baggage allowance. These flights are operated via a codeshare partnership with Pegasus Airlines. T&C apply. **AirAsia Group, formerly known as AirAsia X Berhad

September 7, 2026

Business

Thai AirAsia Launches "Silver Care" for Senior Travelers: Enjoy a Worry-Free Getaway with Priority Check-in, Baggage, and Seating

Thai AirAsia is proud to roll out "Silver Care," a dedicated service designed to ensure our senior travelers enjoy a more comfortable and convenient journey on all domestic flights across Thailand. Guests aged 60 and above can now unlock exclusive Silver Care perks—including Priority Check-in, Priority Baggage claim, and a Seat Together service (subject to standard seat availability)—all at no extra cost. Simply present a valid ID card at the check-in counter to access these privileges for the eligible senior guest and one travel companion. "Thai AirAsia is constantly elevating our service quality to meet the needs of all our guests," said Ms. Tansita Akrarittipirom, Head of Commercial at Thai AirAsia. "Our senior travelers, aged 60 and up, are a highly valued group who continually place their trust in AirAsia. We introduced the Silver Care program to make traveling smoother for both our senior guests and their families, ensuring that when they fly with us, they experience our utmost care and attention." "To support the Silver Care initiative, we have conducted specialized training for our ground staff and cabin crew, empowering them to better understand and assist our senior guests," Tansita added. "Coupled with these new travel perks on all domestic flights, Silver Care arrives perfectly in time for the bustling year-end travel season. With dedicated channels and specialized services ready to go, senior travelers and their families can enjoy total peace of mind from the moment they arrive at the airport to the minute they reach their destination." For guests departing from Don Mueang International Airport (DMK), the Silver Care experience begins with a breezy check-in at the dedicated Counter 10J in Domestic Terminal 2. Keep an eye out for the Silver Care signage and our friendly ground Allstars who are ready to assist! At other domestic airports, simply look for the designated signs at the counters or ask our staff to access these services. Upon check-in, checked luggage will be tagged with a special priority label, ensuring swift and hassle-free baggage claim at the destination airport.

September 7, 2026

Business

IOI Corporation Clinches Second Best Of The Best Award At The Edge ESG Awards 2026

IOI Corporation Berhad (“IOI”) has been honoured with the prestigious Best of the Best Award at The Edge Malaysia ESG Awards 2026 , marking the Group’s second time receiving the accolade following its achievement of three consecutive Gold Awards since 2022. IOI Chief Sustainability Officer Dr Surina Ismail (third from right) receiving the Best of the Best award at The Edge Malaysia ESG Awards 2026, celebrating fifth consecutive ESG win. Presented at a ceremony held at the Four Seasons Hotel Kuala Lumpur on 1 September 2026, the Best of the Best Award recognises companies that have demonstrated sustained excellence in environmental, social and governance (ESG) performance over three consecutive years. The recognition underscores IOI’s long-standing commitment to embedding sustainability into its business strategy, operations and value creation. Dato’ Lee Yeow Chor, IOI Group Managing Director and Chief Executive said: “Receiving the Best of the Best Award for the second time is a proud milestone for IOI and a testament to the consistency of our sustainability journey. Following three consecutive Gold Awards since 2022, this recognition reflects our long-term commitment to creating sustainable value through responsible business practices, strong governance and meaningful environmental and social stewardship.” “Our Five-Year Strategic Roadmap (2025-2029) further reinforces this commitment by identifying sustainability and climate initiatives as one of our four strategic priorities. Sustainability is embedded in how we operate, innovate and grow. We share this achievement with our employees, business partners and stakeholders, whose continued support has been integral to our progress towards building a more sustainable future.” Over the years, IOI has continued to strengthen the integration of sustainability across its plantation and resource-based manufacturing operations. The Group has advanced initiatives in climate action, renewable energy, circular economy practices, biodiversity conservation, responsible sourcing and community development, while maintaining high standards of corporate governance and transparency. The latest recognition reinforces IOI’s position as a leading global integrated and sustainable palm oil player and also serves as an encouragement for the Group to further drive innovation and sustainability across its operations and value chain. As global expectations for responsible and sustainable business practices continue to evolve, IOI remains committed to raising the bar across all areas of ESG and advancing towards its Net Zero 2040 commitment. Organised by The Edge Malaysia in partnership with Bursa Malaysia and FTSE Russell, The Edge Malaysia ESG Awards recognise listed companies that demonstrate excellence in ESG performance. The awards serve as a benchmark for corporate sustainability leadership in Malaysia, assessing companies on the effectiveness of their ESG practices, disclosure and long-term value creation initiatives.

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FTREIT unitholders approve new acquisition, expanding portfolio to over THB 55 billion

AirAsia embarks on first-of-its-kind codeshare partnership with leading Türkiye LCC Pegasus and amps up Istanbul frequency to daily

Thai AirAsia Launches "Silver Care" for Senior Travelers: Enjoy a Worry-Free Getaway with Priority Check-in, Baggage, and Seating

IOI Corporation Clinches Second Best Of The Best Award At The Edge ESG Awards 2026

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