Latest
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Corporate News
Pharmaniaga buys RM26mil Sabah property
Pharmaniaga Bhd is acquiring a single storey factory with a two-storey office within the Kota Kinabalu Industrial Park in Sabah from Yang Guang Furniture (Sarawak) Sdn Bhd, for RM26mil.
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Forex
Ringgit to hold firm into next year
Economists and foreign exchange (forex) watchers continue to be bullish on the prospects of the ringgit heading into 2026, as the local note strengthened to RM4.11 against the US dollar yesterday, its strongest level in more than 14 months vis-a-vis the American currency.
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Economy
GDP likely to grow 4.6% next year
Malaysia's gross domestic product (GDP) is expected to expand by 4.6% in 2026, supported by improving external demand despite a slight moderation in domestic activity, says CGS International (CGSI) Research.
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Commodities
Plantation sector to remain constructive, supported by crude oil prices
A constructive outlook for crude palm oil (CPO) prices over the near to medium term has resulted in analysts maintaining an "overweight" stance on the plantation sector.
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Corporate News
Opportunity for investors to profit from Spritzer
While Spritzer Bhd's fundamentals remain solid, its valuation is stretched which presents an opportunity for investors to take profit on the stock, according to MBSB Research.
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Corporate News
Wasco’s new job lifts earnings sustainability
Energy services company Wasco Bhd's earnings outlook has been bolstered by its recent job replenishments in its engineering division amid lukewarm prospects in the energy sector, analysts say.
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Commodities
Palm oil consumption forecast to increase
Bearish supply demand fundamentals in the edible oils market could weigh on the price of crude palm oil (CPO) in 2026, according to MARC Ratings.
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Corporate News
Gagasan Nadi gets nod for concessionaire takeover
Gagasan Nadi Cergas Bhd has secured approval from shareholders to acquire a 69.4% stake in Konsortium PAE Sepakat Sdn Bhd (KPSSB), a concessionaire that manages student hostels, for RM127.3mil.
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Corporate News
Majestic Gen buys RM75mil land in Penang
Majestic Gen Sdn Bhd has acquired three adjoining parcels of freehold land along Jalan Anson here for RM75mil.
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Corporate News
United Asiapac Energy eyes ACE Market listing
United Asiapac Energy Bhd is eyeing a listing on the ACE Market of Bursa Malaysia.
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Economy
Less upside for O&G sector
After the "unexciting" third-quarter earnings, MBSB Research cautions that the Malaysian oil and gas sector offers less upside in the future, amid crude oil price weakness that is likely here to stay.
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Corporate News
Paragon Globe in RM64mil Johor land sale
Paragon Globe Bhd is disposing of a parcel of freehold land measuring 5.4451 ha in Johor Baru to GSP Automotive Malaysia Sdn Bhd for RM64.47mil.
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Corporate News
Optimax inks agreement with UM-Wales
Optimax Holdings Bhd has entered into a memorandum of understanding (MOU) with Universiti Malaya-Wales (UM-Wales) to develop a management trainee programme for graduates.
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Corporate News
MSC resumes Rahman Hydraulic mining ops
Malaysia Smelting Corp Bhd (MSC) has resumed mining operations at its 80%-owned subsidiary, Rahman Hydraulic Tin Sdn Bhd (RHT), effective yesterday.
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Corporate News
Haily wins RM43mil housing job
Haily Group Bhd has secured a RM42.85mil construction contract to build 187 double-storey terrace houses and a Tenaga Nasional Bhd (TNB) substation in Bandar Putra, Senai, Johor.
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Corporate News
Mulpha International CEO retires
Mulpha International Bhd's chief executive officer (CEO) Gregory David Shaw has announced his retirement, with effect from Dec 5.
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Markets
Bursa reprimands, fines, suspends Hazni Othman
Bursa Malaysia has publicly reprimanded, imposed a fine of RM48,000 and suspended Hazni Othman for five months as a registered person of Bursa Malaysia.
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Markets
Bursa ends lower as market sentiment turns cautious
Bursa Malaysia pared earlier losses to end marginally lower today as cautious sentiment prevailed ahead of the US Federal Reserve (Fed) meeting next week.
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Corporate News
DRB-Hicom to pay US$111mil for Spirit Aerosytems
DRB-Hicom Bhd has announced that the proposed acquisition amount for the entire equity interest in aerospace company Spirit Aerosystems Malaysia Sdn Bhd (Spirit MY), will be US$110.62mil or about RM454.87mil.
