Malaysia 02 - Market News (Mar 24 - Feb 25)

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Market News on 12 FEB 2025

S&P 500 ekes out gain even as Powell urges caution on rates, tariffs weigh on markets (CNBC)

Powell Tells Congress Fed Still in No Rush to Lower Rates (Bloomberg)

Trump Imposes Global 25% Steel, Aluminum Tariffs (WSJ)

Trump says he will announce reciprocal tariffs over next two days (Reuters)

Malaysia palm oil output sinks most in nine years as rain hits crops (The Star)

MGB secures RM195mil Pahang project (The Star)

Divfex's (DFX) 51%-unit clinches new contract to supply data centre equipment worth RM18.5m (The Edge)

Solarvest Acquires 30% In Kee Ming Electrical For RM15.3 Million (Business Today)

Pantech Global not expected to be affected by US tariffs on steel, aluminium (The Star)

CAB Cakaran to upgrade production efficiency, reduce waste throughout value chain (The Sun)

Kitacon wins RM104.3mil Klang contract (The Star)

Keyfield secures two vessel charter jobs worth RM56m (The Edge)

Fajarbaru unit raises stake in Australian firm (The Star)

ES Sunlogy IPO oversubscribed by 60 times (The Star)

Water technology firm Insights Analytics files draft prospectus for ACE Market IPO (The Edge)

Monday, 10 Feb 2025 Entitlement Announcement

6:27PM SUPERMX Bonus Issue
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5:22PM UTDPLT Bonus Issue