STARPICKS

OCBC seeks M'sia SME talents

OCBC Malaysia invites Malaysian SMEs to participate in the Emerging Enterprise 2026 Awards, with submissions open from now until June 30.

Corporate News

Scientex’s RM2bil launch pipeline to bolster profit

Scientex Bhd remains on track to deliver earnings growth in the financial year ending July 31, 2026 (FY26), supported by continued resilience across both its property and manufacturing segments.

Corporate News

Titijaya in RM343mil housing project

Property developer Titijaya Land Bhd's wholly owned subsidiary, NPO Builders Sdn Bhd has entered into a consortium agreement with PNSB Construction Sdn Bhd (PCSB) to undertake an affordable housing project in Selangor.

Markets

MY Value Up drives selection

The recently launched MY Value Up Programme Guidebook is not a broad-market re-rating catalyst, but rather a stock-selection framework, according to Apex Research.

Telcos

Infrastructure development to benefit telecoms sector

Mobile operators mostly are seeing stable service revenue and improving margins underpinned by cost discipline, although uncertainty surrounding Digital Nasional Bhd (DNB) continues to weigh on investor sentiment.

Corporate News

Kerjaya Prospek signs RM157mil deal

Kerjaya Prospek Group Bhd's indirect 55%-owned subsidiary, Rivanis Ventures Sdn Bhd (RVSB), has entered into a development agreement with Railway Assets Corp to acquire and develop a 34.84-acre parcel of land in Prai, Penang.

Corporate News

MMCS opens flat in ACE Market debut

MM Computer Systems Bhd (MMCS) made its debut on the ACE Market of Bursa Malaysia yesterday, opening at 22 sen – in line with its initial public offering (IPO) price of 22 sen per share.

Corporate News

Strong Mazda sales push BAuto’s profit up

Bermaz Auto Bhd (BAuto) has more than doubled its profit for the fourth quarter ended April 30, 2026, compared to the same quarter last year.

Corporate News

GD in RM45mil commercial property buy

Golden Destinations Group Bhd (GD) plans to acquire commercial and office properties in Kuala Lumpur for RM45mil, as part of its strategy to establish a new centralised headquarters following its listing on Bursa Malaysia's ACE Market in April.

Corporate News

SD Guthrie to navigate Indonesian reform risks

SD Guthrie Bhd says evolving regulations in Indonesia could pose challenges to its operations there, as the group navigates both a government review of plantation land and proposed reforms to the country's palm oil export system.

Corporate News

HSS Holdings’ ACE Market IPO oversubscribed

HSS Holdings Bhd's issuance of 25 million new initial public offering (IPO) shares to the Malaysian public in conjunction with its listing on the ACE Market of Bursa Malaysia was oversubscribed by 10.56 times.

Insight

Japanese reforms set to prise open US$1.8 trillion cash hoard

Proposed revisions to Japan's governance code that stress the need for efficient use of cash have raised expectations among investors that corporate hoarders will start to mobilise their US$1.8 trillion money mountain.

Economy

Selective spending to weigh on consumer counters

The consumer sector is seen to enter a margin-driven downcycle despite resilient demand fundamentals, with the focus shifting from growth to cost discipline and pricing power.

Economy

Supply chains in check

While Malaysia's short term supply chain resilience should remain intact over the immediate future, economists are nevertheless more concerned about the erosion of business efficiency and profitability should the Middle East conflict be prolonged.

Corporate News

GDEX expands into AI cloud

GDEX Bhd believes its five-year investment in technology capabilities is beginning to pay off, with its tech-arm GD XCHANGE targeting stronger growth from artificial intelligence (AI), cloud and cybersecurity services.

Corporate News

Coastal Contracts wins RM835mil Pemex contract

Coastal Contracts Bhd has secured a contract with Petroleos Mexicanos (Pemex) for the procurement, transportation, installation, interconnection, commissioning, testing, startup and operations and maintenance of the second Perdiz Plant at the Ixachi Field, Mexico, worth RM834.7mil.

Forex

Ringgit closes slightly higher against US$, major currencies

KUALA LUMPUR: The ringgit ended slightly higher against the greenback and other major currencies on Thursday, shrugging off the impact of stronger-than-expected US inflation data for May.

Corporate News

Titijaya, Permodalan Negeri Selangor ink consortium agreement to undertake RM343mil housing project

KUALA LUMPUR: Property developer Titijaya Land Bhd's wholly owned subsidiary, NPO Builders Sdn Bhd has entered into a consortium agreement with PNSB Construction Sdn Bhd (PCSB) to undertake an affordable housing project in Selangor.

Markets

Bursa Malaysia posts slight gains at close on selective buying

KUALA LUMPUR: Bursa Malaysia ended marginally higher after trading within a narrow range, supported by selective buying that offset profit-taking activities.

Markets

HSS Holdings' ACE Market IPO 10.56 times oversubscribed

KUALA LUMPUR: HSS Holdings Bhd's issuance of 25 million new initial public offering (IPO) shares to the Malaysian public in conjunction with its listing on the ACE Market of Bursa Malaysia was oversubscribed by 10.56 times.