Latest
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Corporate News
Malayan Cement valuation attractive after selloff
The recent selldown of Malayan Cement Bhd's shares due to investor concerns over weather-related disruptions to major coal barging routes in Indonesia, as well as renewed tensions in the Middle East, may be overblown, says CIMB Research.
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Corporate News
New F&B earnings story expected for Focus Point
Best known for selling spectacles, Focus Point Holdings Bhd may soon have another earnings story to tell as its loss-making food and beverage (F&B) business shows signs of turning the corner.
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Corporate News
ACE Market-bound SLGC aims to raise RM29.4mil via listing
Construction services firm SLGC Bhd aims to raise RM29.4mil through an initial public offering (IPO) ahead of its planned listing on the ACE Market of Bursa Malaysia on Oct 6.
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Corporate News
PETRONAS awards PSCs to unlock marginal fields
Petroliam Nasional Bhd (PETRONAS), through Malaysia Petroleum Management (MPM), has awarded the Estuary Cluster production sharing contract (PSC) and handed over seismic data for the Mutiara Cluster to two companies.
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Corporate News
LSH Capital gets nod for expressway
Lim Seong Hai Capital Bhd (LSH Capital) said the Malaysian government has agreed in principle to the proposed Bandar Malaysia-Seri Kembangan Expressway (BSE), paving the way for the project to be developed under a privatisation arrangement based on a build-operate-transfer model.
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Economy
AI and chip upcycle to fuel tech companies
There is still further upside for the technology sector, supported by the ongoing semiconductor upcycle, artificial intelligence (AI)-related demand and improving order visibility, with its current premium valuation well justified by strong earnings growth prospects.
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Economy
Budget 2027 allocation likely at RM438bil
RHB Investment Bank Bhd (RHB IB) estimates that the total federal government allocation for Budget 2027 will be RM437.8bil.
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Economy
Vietnam targets digital raw material mapping by 2030
More than 70% of supported agricultural, forestry and fishery raw material areas are expected to complete digital mapping and basic data standardisation by 2030 under a scheme for 2026 to 2030 issued by the Agriculture and Environment Ministry.
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Corporate News
New Hoong Fatt plans RM20mil VC investment
New Hoong Fatt Holdings Bhd (NHF), via its wholly-owned subsidiary Jhi Soon Manufacturing Industries Sdn Bhd, plans to invest up to RM20mil in a venture capital (VC) fund established by Cypress Drive Ventures Sdn Bhd.
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Corporate News
BAuto 1Q net profit surges to RM40.51mil
Bermaz Auto Bhd's (BAuto) net profit for its first quarter ended July 31, 2026 (1Q) has surged to RM40.51mil from RM8.28mil in the previous corresponding period, largely due to higher sales volume from its Mazda domestic operations.
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Corporate News
AME Elite to buy Johor land for RM199.8mil
AME Elite Consortium Bhd is proposing to acquire 28 parcels of freehold land spanning 176.45 acres in Pontian, Johor, for RM199.84mil.
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Business
FIMM reprimands three former consultants for misconduct
The Federation of Investment Managers Malaysia (FIMM) recently reprimanded three former unit trust scheme (UTS) and private retirement scheme (PRS) consultants for misconduct and breaches of FIMM's Consolidated Rule.
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Corporate News
Gamuda, John Holland JV wraps up M1 extension
Gamuda Bhd's joint venture (JV) with John Holland has officially delivered the M1 Pacific Motorway extension to Raymond Terrace: Black Hill to Tomago package for Transport for NSW, ahead of schedule.
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Corporate News
PGB wins RM45mil data centre project
Paragon Globe Bhd (PGB) has secured a letter of award (LoA) from a data centre operator in respect of the earthworks and retaining walls for the development of a data centre on a site located in Johor worth RM45.16mil.
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Construction
Public projects to bolster construction growth
Data centre (DC) job flows are expected to pick up in the second half of financial year 2026, with finalisation of up to six large-scale DC facilities worth RM1bil to RM2bil each, says MBSB Research.
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Corporate News
LSH Capital gets nod for Bandar Malaysia-Seri Kembangan expressway
PETALING JAYA: Lim Seong Hai Capital Bhd (LSH Capital) said the Malaysian government has agreed in principle to the proposed Bandar Malaysia-Seri Kembangan Expressway (BSE), paving the way for the project to be developed under a privatisation arrangement based on a build-operate-transfer model.
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Corporate News
Tokyo court dismisses IHH unit's claims against Daishi Sankyo
KUALA LUMPUR: The Tokyo District Court has dismissed all claims brought by IHH Healthcare Bhd's indirect wholly-owned subsidiary Northern TK Venture Pte Ltd (NTK) against Japanese pharmaceutical company Daiichi Sankyo Company Ltd.
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Corporate News
Techna-X appoints Tunku Kamariah as deputy chairman
KUALA LUMPUR: Techna-X Bhd has appointed Tunku Kamariah Aminah Maimunah Iskandariah Sultan Iskandar as its executive director and deputy chairman, effective today.
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Corporate News
Paragon Globe unit bags RM45.16mil data centre contract
KUALA LUMPUR: Paragon Globe Bhd said its wholly-owned subsidiary PGBG Construction Sdn Bhd has secured a contract valued at about RM45.16mil from a data centre operator for the earthworks and retaining walls of a data centre in Johor.
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Corporate News
Cape EMS unit partners Helios to distribute BESS in Europe, Asia Pacific
KUALA LUMPUR: Cape EMS Bhd said its wholly-owned subsidiary Cape Renewables Sdn Bhd has inked a collaboration with Helios PV (Asia Pacific) Pte Ltd to distribute Malaysian-assembled residential Battery Energy Storage Systems (BESS) across Europe and the Asia-Pacific region.
