12/02/2026

BIZ & FINANCE THURSDAY | FEB 12, 2026

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Malaysian Paper

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CelcomDigi posts RM1.53b PAT for FY2025, declares 3.6 sen final dividend PETALING JAYA: CelcomDigi Bhd yesterday announced its fourth quarter and full-year results for Financial Year 2025 (FY2025), delivering sustainable financial and operational performance while executing a large-scale integration and transformation programme. The company delivered results in line with financial guidance, supported by healthy topline momentum and disciplined cost management. Total revenue in FY2025 was RM12.958 billion, up 2.2% year-on year (y-o-y) from resilient under lying performance, supported by disciplined execution and opera tional efficiency. Service revenue closed at RM10.906 billion, up 1.1% y-o-y, driven by steady perfor mance across its core segments, namely postpaid, home and fibre, and enterprise techco solutions. CelcomDigi said Ebit (earnings before interest and tax) rose 15.7% y-o-y to RM2.672 billion reflecting stronger topline contributions and ongoing cost efficiencies across operations. This was, however, partially offset by planned invest ments in network modernisation as well as higher device and techco costs. PAT (profit after tax) improved 10.1% y-o-y to RM1.53 billion, underpinned by effective cost discipline as well as lower appre ciation and tax benefits. The company closed the year with 20.6 million subscribers. It declared a final dividend of 3.6 sen per share or a total dividend of 14.7 sen per share for FY2025, in line with its sustainable dividend com mitment to shareholders. CelcomDigi’s integration and transformation programme is approaching completion, with major milestones delivered across the business. Network modernisation and integration have surpassed 90% completion, with higher service quality and customer experience in upgraded areas. IT consolidation is 80% complete, marked by the successful transition of its channel management systems upgrade in Q4 2025. The final phases of the enterprise resource planning and customer relationship manage ment systems are under way and progressing as planned toward full completion in early 2027.

Malaysia’s construction sector expands to RM178.6b in 2025

PETALING Malaysia’s construction sector expanded by 12.5% in 2025 to reach RM178.6 billion in work done value, while maintaining positive momentum in the fourth quarter with a 10.3% increase, said Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin. The expansion was largely driven by the strong performance of the special trade activities and non residential buildings sub-sectors, which surged by 21.1% and 18.6%, respectively. In contrast, the residential buildings sub-sector experienced a more mo derate growth of 5.9% (Q3 2025: 11.6%), while the civil engineering sub-sector continued to expand at a slower pace of 3.6% (Q3 2025: 8.9%). Mohd Uzirr elaborated, “Of the RM46.4 billion in work done value recorded in the fourth quarter of 2025, RM16.2 billion or 34.9% was attributed to the civil engineering sub-sector, primarily in the construction of utility projects (RM8.8 billion) and roads and railways (RM5.8 billion).” Meanwhile, he said, the value of work done for non-residential buildings and residential buildings sub-sectors was RM14 billion (30.1%) and RM10.5 billion (22.6%), respectively. The special trade activities sub sector contributed RM5.7 billion (12.4%), largely in sites preparation (RM1.5 billion); plumbing, heat and air-conditioning installation (RM1.2 billion); and electrical installation (RM1.1 billion) activities. The private sector remained the main driver of growth in this quarter, contributing RM29.3 billion or 63.2% of the total value of work done. The private sector recorded positive momentum of 8.6%, supported mainly by the special trade activities sub-sector, which rose 23.8%, and thenon-residential buildings sub o Largely driven by strong performance of special trade activities and non-residential buildings sub-sectors JAYA:

MINISTRY OF ECONOMY DEPARTMENT OF STATISTICS MALAYSIA

CONSTRUCTION STATISTICS FOURTH QUARTER OF 2025 Malaysia’s Construction sector grows 12.5 per cent, hits RM178.6 billion in 2025

Value of work done 2021-2025 178.6

Value of work done Q1 2021 - Q4 2025

46.4

45.4

42.6

42.9 43.9

41.1 42.0

158.8

36.8 38.9

132.2

33.4 34.1

31.4

30.5 32.0 32.2 32.4

112.0 121.9

28.2

27.6 29.5 29.9

24.8

20.2 22.9 23.1

15.7

16.6

14.2

12.9

6.1

10.6

10.3

9.4

8.1 9.6 6.8

23.2

20.2

12.5

8.8 8.4

-5.0

-6.1

-10.5

-12.9

-21.0

2025

2021 2022 2023 2024

Q1

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q2

Q1

Q2 Q3 Q4

% Change (YoY) Value of work done (RM billion)

2021

2022

2025

2023

2024

Value of work done (RM billion)

% Change (YoY)

Value of work done by project owner

Value of work done by sub-sector

Private Sector

( Q3 2025: RM15.9b ) RM17.1b 36.8% ( Q3 2025: 35.0% ) Public Sector

63.2% ( Q3 2025: 65.0% )

Share

YoY

YoY

YoY

YoY

RM29.3b ( Q3 2025: RM29.5b )

Q4 2025: Q3 2025: 10.0% 18.6% QoQ Q4 2025: Q3 2025: 4.6% 8.1%

Special trade activities Share 12.4% RM5.7 billion Q4 2025: Q3 2025: 15.3% 21.1% QoQ Q4 2025: Q3 2025: 5.0% 4.1%

Q4 2025: Q3 2025: 11.6% 5.9% QoQ Q4 2025: Q3 2025: 4.5% 0.1%

3.6%

Q4 2025: Q3 2025: 8.9%

Residential buildings

10.0

0.5

QoQ

-1.9%

Q4 2025: Q3 2025: 1.3%

10.7

3.2

Non-residential buildings

11.7

Civil engineering

4.5

Civil engineering RM16.2 billion

Non-residential buildings Non residential RM14.0 billion

Residential buildings

Special trade activities

4.1

1.6

RM10.5 billion Share 22.6%

Private Sector remained the main impetus to the growth of the Construction sector in Q4 2025

Share 30.1%

Share 34.9%

Value of work done by location of project, Q4 2025

Percentage share, Q4 2025

Others Wilayah Persekutuan* Sarawak Johor Selangor

RM4.8 billion Wilayah Persekutuan*

RM11.0 billion Selangor

23.8

37.1

17.9 10.8 10.4

Nearly 62.9 per cent of the work done value in Q4 2025 was concentrated in Selangor, Johor, Sarawak and Wilayah Persekutuan*

RM8.3 billion Johor

RM5.0 billion Sarawak

YoY: Year on Year QoQ: Quarter on Quarter b: billion

Note: * Include W.P. Kuala Lumpur, Labuan and Putrajaya

Source: Construction Statistics, Fourth Quarter of 2025, Department of Statistics Malaysia (DOSM)

Ma l ays i a

20 October

Overall, Malaysia’s construction sector in 2025 continued to expand, supported by positive performance across all sub-sectors, albeit at a more measured pace compared to 2024.

The growth was driven mainly by the non-residential buildings sub-sector, which increased 56.7%, rebounding from a contraction in the previous quarter (Q3 2025: -6.5%).

sector, which rose 10.5%. Meanwhile, the value of work done by the public sector, contributing RM17.1 billion or 36.8% of the total, recorded a double digit growth of 13.4% (Q3 2025: 6.1%).

Maybank explores RM tokenised cross-border payments via blockchain PETALING JAYA: As part of its ROAR30 ambition, Malayan Banking Bhd (Maybank) is developing its digital assets and tokenised money agenda as a core pillar of its digital transformation to deliver values-based offerings and faster, more seamless and inclusive financial services. Towards this, Maybank is Innovation Hub. The pilot will explore on-chain cross For wealth clients, the bank is exploring tokenised investment products, especially Islamic finance assets such as sukuk and funds to enable broader participation through fractionalisation. reimagine how money moves and what our clients demand.”

yesterday that building on this pilot, it aims to pioneer a range of tokenised assets, including tokenised Islamic finance for businesses from large corporates to SMEs (small and medium enterprises), and retail customers, including wealth solutions. Through programmable money, the bank aims to empower SMEs by automating transparent payment flows from anchor clients such as governments and corporates, enabling payment transparency that can eventually unlock accessibility to financing.

Yinson group CEO Lim Chern Yuan said, “With diverse businesses and operations across multiple juris dictions, and complex cross border treasury operations, Yinson is con stantly seeking ways to optimise its financial position, manage risks, and respond swiftly to opportunities. We are open to leverage innovative technology with the support of regulators and established financial institutions like Maybank.”

border payments involving ringgit and other Asean deposit tokens on Maybank’s permissioned blockchain. The initiative will assess the technical feasibility and operational readiness of executing on-chain transactions securely and in near real time, while helping to shape the foundational design of next gen eration money rails and payment infrastructure. Maybank said in a statement

Maybank president and group CEO Datuk Seri Khairussaleh Ramli said, “At Maybank, our ROAR30 strategy to become the leading global Islamic finance institution, and Asean’s leading wealth management, trans actions, payments, corporate and investment bank compels us to

launching the first ringgit tokenised money pilot with global energy infrastructure company Yinson Holdings Bhd as a participant, under Bank Negara Malaysia Digital Asset