Shares of RIMBACO (01953) climbed more than 14% during the closing session, with the stock last trading up 12.44% at HK$1.265, recording a turnover of HK$9.45 million.

In corporate news, the company announced on September 2 that, following shareholder approval of a special resolution to change its name, it has received a certificate of name change from the Registrar of Companies in the Cayman Islands, dated August 6, 2026. The firm's English name has now shifted from "Rimbaco Group Global Limited" to "SFQ Global Limited," and it has adopted the Chinese name "赛孚迅国际有限公司" as a dual foreign language identifier, both effective from August 6, 2026.

Subsequent to this name change, the company's English stock short name on the Stock Exchange will be amended from "RIMBACO" to "SFQ GLOBAL," with the corresponding Chinese short name updated to "赛孚迅国际." This adjustment is set to take effect from 9:00 a.m. on September 7, 2026.

Regarding its financial performance, RIMBACO had earlier reported its first-half 2026 results, posting revenue of RM183 million, a 50.6% increase year-over-year, while net profit reached RM15.75 million, surging 398% compared to the prior year. The earnings growth was primarily driven by the completion of a fast-track factory project during the 2026 first-half fiscal period.