Corporate News

Alpha IVF gets SC approval for transfer to Main Market

KUALA LUMPUR: Alpha IVF Group Bhd has received approval from the Securities Commission Malaysia (SC) to transfer its listing to Bursa Malaysia's Main Market from the ACE Market.

Commodities

Malaysia's palm oil stockpiles set to hit record high

KUALA LUMPUR: Malaysia's palm oil stockpiles are expected to surge to a record 3.76 million tonnes in October, as production continues to outpace demand.

Telcos

CelcomDigi flags 260mil scam calls, advances ESG roadmap

PETALING JAYA: With digital scams posing an increasing threat to online users, CelcomDigi Bhd has flagged 260 million suspected scam calls and blocked 22 million short message service (SMS) messages monthly to strengthen customer protection.

Corporate News

F&N's 4Q net profit rises 16% y-o-y

Fraser & Neave Holdings Bhd (F&N) will focus on commercial execution and improving efficiencies to reinvest in growth, with immediate priorities including raising productivity at F&N AgriValley and expanding its newly operational Cambodian manufacturing business.

Forex

Ringgit extends gains at close after Bank Negara decision to hold OPR at 2.75%

KUALA LUMPUR: The ringgit extended its gains against the US dollar and other major currencies on Thursday, closing firmer following Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.

Corporate News

Consortium led by founding Lim family mulls higher offer to privatise Yinson

KUALA LUMPUR: consortium including the founding family of Yinson Holdings Bhd is considering sweetening its bid to take the Kuala Lumpur-listed energy infrastructure company private, according to people familiar with the matter. 

Corporate News

Tasco maintains cautiously optimistic outlook

KUALA LUMPUR: Tasco Bhd remains cautiously optimistic over its prospects for the remainder of 2026 as air freight is expected to benefit from the diversion of time-sensitive shipments amid ongoing geopolitical disruptions and changes in global trade routes.

Corporate News

Lotte Chemical Titan net loss widens to RM245.49mil in 3Q

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd's net loss widened to RM245.49 million in the third quarter ended Sept 30, 2026 (3Q 2026) compared with RM168.83 million in 3Q 2025,

Economy

NCER realises RM4.6bil investments in Perak, creates 3,867 job opportunities

IPOH: The Northern Corridor Economic Region (NCER) recorded realised investments amounting to RM4.6 billion in Perak from January to September this year, creating 3,867 new job opportunities.

Markets

Bursa Malaysia closes higher on Bank Negara's OPR decision, Wall St gains

KUALA LUMPUR: Bursa Malaysia closed higher, buoyed by Bank Negara Malaysia's (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent, alongside positive cues from Wall Street.

Corporate News

TT Vision unit bags RM15.32mil order for automated optical inspection equipment

KUALA LUMPUR: TT Vision Holdings Bhd via its wholly-owned subsidiary TT Vision Technologies Sdn Bhd has secured an RM15.32mil purchase order from a global opto-semiconductor manufacturer for the supply of automated optical inspection equipment.

Corporate News

Pentamaster's 3Q net profit rises to RM20.44mil

KUALA LUMPUR: Pentamaster Corp Bhd has reiterated its optimism for the full financial year amid sustained demand within the AI Compute and medical segments especially for its FAS segment.

Corporate News

Vitrox's 3Q net profit leaps to RM118.58mil

KUALA LUMPUR: The business landscape is expected to remain favourable for Vitrox Bhd headed into 2027, underpinned by robust growth in the semiconductor sector, continued investment in AI data centre infrastructure and increasing demand for edge AI devices.

Corporate News

Westports to double container handling capacity to 28 million TEUs - Loke

KLANG: Westports Malaysia Sdn Bhd's annual container handling capacity is expected to double from 14 million to 28 million twenty-foot equivalent units (TEUs) under its ongoing expansion, Transport Minister Anthony Loke said.

Aviation

Emirates airline net profit drops 66% in first half dragged down by Iran war

DUBAI: Emirates airline reported a 66% drop in first-half net profit on Thursday as disruptions to regional airspace caused by the US-Israeli war with Iran affected travel across the Middle East and sent jet fuel prices soaring.

Markets

Japan's Nikkei tumbles on tech rout despite strength in wider market

TOKYO: Japan's Nikkei share average tumbled on Thursday, dragged lower by a sharp selloff in AI and chip shares even as the vast majority of stocks on the index rose.

Corporate News

Sony Q2 profit jumps on 'Spider-Man' and PlayStation boost

TOKYO: Sony on Thursday reported a 45% rise in second-quarter operating profit to 622.3 billion yen ($3.95 billion), beating market estimates, due to stronger performance at its games and movies units.

Economy

Bank Negara keeps OPR steady at 2.75%

KUALA LUMPUR: Bank Negara ended its final monetary policy committee meeting of the year by keeping the overnight policy rate (OPR) stable at 2.75%, as was widely predicted by economists.

Markets

Malaysia records 38 IPOs, raises US$1.62bil in first nine months of 2026 - EY

KUALA LUMPUR: Malaysia stood out in Southeast Asia's initial public offering (IPO) market in the first nine months of 2026, accounting for 38 of the 56 listings recorded across the region, according to Ernst & Young (EY).

Markets

Rosado inks underwriting agreement for proposed ACE Market IPO

KUALA LUMPUR: Rosado Bhd has inked an underwriting agreement with Malacca Securities Sdn Bhd and Kenanga Investment Bank Bhd, in conjunction with its initial public offering (IPO) and listing on the ACE Market of Bursa Malaysia Securities Bhd.