Latest
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Corporate News
Top Glove posts earnings surge in FY26, declares 1.5c div/share
KUALA LUMPUR: Top Glove Corp Bhd delivered strong profitability in FY26, driven by steady global demand growth for gloves, which outpaced supply growth.
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Corporate News
AkzoNobel's US$1.35bil decorative paints sale to Nippon Paint to complete mid-2027
KUALA LUMPUR: AkzoNobel's US$1.35 billion sale of its decorative paints businesses to Nippon Paint is expected to be completed mid-2027, except for the Indonesian business, which is expected to be completed separately later this year.
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Corporate News
Scientex unit to acquire Pulai land for RM580.15mil
KUALA LUMPUR: Scientex Bhd said its wholly-owned subsidiary Scientex Quatari Sdn Bhd has proposed to acquire 14 tracts of freehold land in Pulai, Johor Bahru, from Pangkal Budiman Sdn Bhd for about 502.5906 acres for RM580.16mil.
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Corporate News
OCK partners JTower and Sun Phu Quoc to deploy telco infra supporting APEC 2027
KUALA LUMPUR: OCK Group Bhd's subsidiary, VNC-55 Infrastructure Investment Company Limited, has signed a tripartite in-principle agreement with Southern Star Telecommunication Equipment Joint Stock Company (SPN), a subsidiary of JTOWER, and Sun Phu Quoc, a subsidiary of Sun Group, to deploy telecommunications infrastructure across designated Sun Group projects in Phu Quoc.
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Markets
Northern Solar completes ACE to Main Market transfer, eyes further growth
KUALA LUMPUR: Northern Solar Holdings Bhd today completed the transfer of the listing and quotation of its shares from the ACE Market to the Main Market of Bursa Malaysia Securities Bhd, effective from 9 am.
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Markets
SLGC opens flat on ACE Market debut, eyes order book replenishment
KUALA LUMPUR: Building construction services provider SLGC Bhd, which debuted on the ACE Market today, will focus on executing its existing projects effectively while continuing to replenish its order book, managing director Yong Zhen Lin said.
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Banking
Financial sector prevents RM1.9bil in attempted fraudulent transactions in 1H26
KUALA LUMPUR: The financial sector has prevented approximately RM1.9 billion in attempted fraudulent transactions in the first half of 2026, surpassing the RM1.2 billion prevented throughout 2025.
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Banking
Banking industry, PayNet to introduce industry fraud alert, eye pilot testing in 1H 2027 - Bank Negara governor
KUALA LUMPUR: The banking industry and PayNet are working towards introducing industry-wide fraud alert capabilities, with pilot testing involving selected banks targeted for the first half (1H) of 2027.
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Corporate News
Axiata CEO Nik Rizal appointed to GSMA Board
KUALA LUMPUR: Axiata Group Bhd group chief executive officer and managing director Nik Rizal Kamil has been appointed to the board of the GSM Association (GSMA) for a two-year term beginning January 2027.
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Markets
Asian shares track Wall Street higher, Treasury yields near multi-decade highs
SYDNEY: Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.
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Economy
Bahrain GP boosts 4Q services, financial impact key to assessing permanent F1 return - economists
KUALA LUMPUR: The Bahrain Grand Prix in Malaysia provided a boost to tourism and services activity in the fourth quarter (Q4), while its overall financial impact will be important in assessing the economic viability of hosting Formula One (F1) races in Malaysia on a permanent basis, economists said.
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Forex
Ringgit opens slightly higher against greenback despite higher US rate expectations
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Tuesday, although the greenback remained supported by expectations of higher US interest rates.
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Markets
Slight gain on FBM KLCI as US tech rally builds
KUALA LUMPUR: There was slight optimism on Bursa Malaysia following Wall Street's tech-led rally as elevated bond yields continue to dampen the equities outlook.
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Corporate News
Trading ideas: Kelington, SP Setia, Yinson, Citaglobal, Jati Tinggi, Go Hub, Zetrix AI, West River, Willowglen, Privasia, Asteel, Alpha IVF, IJM
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
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Markets
Nasdaq notches record high close as investors focus on earnings
THE Nasdaq notched a record high close on Monday, lifted by Nvidia and Microsoft, as investors focused on a dip in oil prices and looked ahead to quarterly earnings reports.
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Corporate News
Zetrix AI submits proposed solution to resolve RM314mil outstanding remittances
KUALA LUMPUR: Zetrix AI Bhd said it has submitted a proposed solution to the government to address its outstanding remittances for consideration.
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Corporate News
Go Hub wins RM64mil KTMB project
PETALING JAYA: Go Hub Capital Bhd has secured a contract from Keretapi Tanah Melayu Bhd (KTMB) for the provision of maintenance and support services for the integrated ticketing system worth RM64.79mil.
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Markets
Technology industry still has room to run
PETALING JAYA: The technology sector remains on an "overweight" footing as strong artificial intelligence (AI)-driven demand, multi-year capacity expansion and continued policy support underpin the earnings outlook, according to Apex Research.
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Corporate News
Jati Tinggi bags RM15.71mil TNB contracts
PETALING JAYA: Jati Tinggi Group Bhd has secured two contracts worth a combined RM15.71mil from Tenaga Nasional Bhd (TNB) for works involving underground and submarine power cable systems in Selangor and Perlis.
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Corporate News
West River wins RM17.5mil subcontract
PETALING JAYA: West River Bhd, via its wholly-owned subsidiary, West River Engineering Sdn Bhd, has secured a RM17.5mil subcontract from Al-Ambia Sdn Bhd for electrical, extra-low-voltage (ELV), security and solar panel system works at E-Metro Logistic Park in Bandar Bukit Raja 2, Selangor.
