Latest
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Corporate News
Ann Joo sells land in Kedah for RM120mil
Ann Joo Resources Bhd, via a joint venture (JV) between its indirect subsidiary Gurun Heavy Industrial Park Sdn Bhd (GHIP) and Transyear Sdn Bhd, is disposing of a 62.395-acre plot of land at the Gurun Heavy Industrial Park, Kedah to Zichen Malaysia Sdn Bhd for RM119.59mil.
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Corporate News
Stratus Global inks Main Market IPO underwriting deal
Stratus Global Holdings Bhd, a semiconductor automated material handling system solutions provider, has signed an underwriting agreement with UOB Kay Hian (M) Sdn Bhd (UOBKH) ahead of its proposed listing on the Main Market of Bursa Malaysia.
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Corporate News
Tanco rout erases RM7.7bil in market value
Tanco Holdings Bhd has lost nearly RM7.7bil in market value within a week as the stock hit limit-down for three straight days.
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Markets
1Q earnings performance to back market sentiment
The recently concluded first quarter of calendar year 2026 (1QCY26) earnings season can likely help reinforce confidence in the outlook for Malaysian equities as investors look ahead to the rest of the year.
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Banking
SMEs to gain from Alliance Bank, CGC tie-up
Alliance Bank Malaysia Bhd will be offering up to RM2bil in financing for small and medium enterprises (SMEs) through a latest partnership with Credit Guarantee Corp Malaysia Bhd (CGC).
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Corporate News
Gamuda unit secures Australian solar project
Gamuda Bhd has expanded its renewable energy footprint in Australia through its subsidiary Gamuda Renewables Pty Ltd's (Gamuda Renewables) acquiring an interest in Hazelwood North Solar Farm and battery energy storage system (Bess) from Manthos Investments Pty Ltd.
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Corporate News
Former Karex CFO charged with insider trading
The Securities Commission (SC) has charged the former chief financial officer (CFO) of condom maker Karex Bhd, Goh Chok Siang, with an insider trading offence under Section 188(2)(a) of the Capital Markets and Services Act 2007.
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Commodities
Soaring aluminium prices support basic materials sector outlook
Rising aluminium prices driven by a persistent global supply deficit are keeping RHB Research bullish on the basic materials sector.
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Corporate News
PETRONAS signs 20-year LNG deal with Japan’s JERA
Petroliam Nasional Bhd (PETRONAS) has agreed to supply up to two million tonnes of liquefied natural gas (LNG) per annum for a 20-year period beginning 2028 to Japan's JERA Co Inc.
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Corporate News
Selected O&G stocks to benefit from new projects
UOB Kay Hian (UOBKH) Research says there are a few gem stocks in the oil and gas (O&G) sector worth considering, despite the current depressed sentiment amid uncertainties in the industry outlook.
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Commodities
Palm oil reserves jump most in five months
Palm oil stockpiles in Malaysia climbed at the fastest pace in five months as a sharp drop in exports overshadowed weaker production in the world's second-largest grower.
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Economy
Takaful industry demonstrates resilience
The takaful industry has demonstrated resilience in 2025, growing by 4.73% in 2025, bringing total gross contributions to RM16.38bil, according to the Malaysian Takaful Association.
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Corporate News
Pentech upbeat on prospects amid digitalisation push
Pentech Holdings Bhd is optimistic about its growth prospects, supported by favourable industry trends, rising digitalisation and its established position in the information and communication technology (ICT) industry.
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Markets
Bursa Malaysia closes higher amid global volatility
Bursa Malaysia closed higher yesterday, outperforming some regional peers as renewed weakness in global technology stocks and escalating tensions in West Asia prompted investors to rotate into more defensive and domestically oriented markets.
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Corporate News
ISF Group lands RM15mil DC contract
ISF Group Bhd, via its wholly-owned subsidiary, Yeo Plumber Sdn Bhd, has been appointed the subcontractor for the internal sewerage works for a hyperscale data centre (DC) project worth RM14.5mil.
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Corporate News
Rohas wins RM42mil TNB deal
Rohas Tecnic Bhd has bagged another fibre optic supply and services contract from Tenaga Nasional Bhd (TNB), worth RM42.44mil.
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Corporate News
Packaging unit lifts Scientex 3Q net profit
Scientex Bhd has reported a stronger third-quarter (3Q) net profit of RM142.17mil, up 14.8% year-on-year (y-o-y), as higher operating profit from its packaging business offset weaker contributions from the property segment.
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Energy
Rising energy costs pressure tech sector
Rising electricity tariffs and higher raw material costs are expected to squeeze margins across Malaysia's technology manufacturing sector in the coming quarters, according to BIMB Research.
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Economy
US consumer prices increase as expected in May
WASHINGTON: U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving more ammunition for the Federal Reserve to keep interest rates unchanged into 2027.
