Malaysia 03 - Market News (Feb 25 - Dec 26)

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Market News on 7 OCT 2025

S&P 500, Nasdaq reach all-time closing highs on AI dealmaking boost (Reuters)

AMD Signs Chip Supply Deal With OpenAI, Gives Option For 10% Stake (Reuters)

AI venture funding continued to surge in third quarter, data shows (Reuters)

Oil rises after OPEC+ hikes output less than expected (Reuters)

Sabah Assembly Dissolved (Business Today)

CelcomDigi (CDB) hit with RM72.6m arbitration claim, denies liability (The Malaysian Reserve)

Citaglobal formalises partnership deal to develop bio-compressed natural gas projects on east coast (The Edge)

DNeX wins one-year contract to maintain Petronas stations, approval for Ping Petroleum to develop five oilfields (The Edge)

TASCO Expands Fleet With MAN Trucks (Business Today)

Cheeding Secures RM34 Million Supply Contract From TNB (Business Today)

HHRG plans two-for-five bonus issue of warrants (The Edge)

Mpire Global changes name to Greentronics Technology, effective Oct 8 (The Star)

Lion Industries Denies Claims Of Shutting Down Amsteel Plants (Business Today)

Mega Fortris hit with RM17m lawsuit over consultancy fees (The Malaysian Reserve)

Ta Win ends sale of pharma business stake as buyer can’t secure funding (The Edge)

Powertechnic aims to raise RM22.05mil from ACE Market IPO (The Star)

Monday, 6 Oct 2025 Entitlement Announcement

5:38PM AYER First Interim Dividend
5:21PM BJFOOD Bonus Issue

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Market News on 9 OCT 2025

S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns (Reuters)

Nvidia shares rise after CEO Huang says AI computing demand is up ‘substantially’ (CNBC)

Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show (CNBC)|

Markets face 'sharp correction' if mood sours on AI or Fed freedom, Bank of England says (Reuters)

ENTAS+ Brings 24/7 Settlement To Malaysia’s Banking System (Business Today)

Pecca and Betamek plans to jointly develop travel entertainment systems for aircraft, trains (The Edge)

Matrix Concepts inks MoU with logistics firm Golog on RM8bil GDV project in MVV TechValley (The Star)

Group Behind Uncle Don, Oasis Harvest Gets Nod To Acquire De.Wan For RM30 Million (Business Today)

Bursa Reclassifies Chin Hin To Property Sector From 13 Oct (Business Today)

Sarawak Consolidated Industries accepts RM113m offer from YTL Cement for concrete unit (The Malaysian Reserve)

SP Setia partners Mitsui Fudosan in RM1.3bil GDV Setia EcoHill project (The Star)

EPF ceases to be substantial shareholder in IOI Properties after selling 100 mil shares (The Edge)

EPF cuts stake in ViTrox to below 5% after six months as major shareholder (The Edge)

Solution Group files adjudication claim against Cypark over Kelantan solar project (The Edge)

Auditors Flag Meridian’s RM57 Million Loss And Missing Records (Business Today)

KNM gets court approval to sell German unit, appeals Bursa's PN17 rejection (The Edge)

Aquawalk Group To List On Bursa Malaysia ACE Market (Business Today)

Wednesday, 8 Oct 2025 Entitlement Announcement

7:05PM SCOPE Special Dividend

[winston]

Market News on 10 OCT 2025

Wall Street closes lower, pausing record-setting rally as earnings approach (Reuters)

Copper hits $11,000 a ton for first time since May 2024 (Reuters)

Rare earths stocks surge after China tightens grip on global supplies (CNBC)

Oil eases over 1.5% after Gaza ceasefire (Reuters)

King Receives Budget 2026 Proposal Ahead Of Friday’s Tabling (Business Today)

Steel Prices Edge Up in September, Cement Holds Steady, Says DOSM (Business Today)

Top Glove expects core Ebitda margin to return to pre-Covid level by FY2027 (The Edge)

Teh family trims stake in Public Bank with sale of 50 mil shares (The Edge)

Ramssol to distribute Tencent Cloud services in six Asean markets (The Edge)

Greenyield shareholders issue new EGM notice to remove chairman after three resignations (The Edge)

Cloudpoint to be traded on Main Market from Oct 13 (The Star)

Ivory Properties to be delisted on Oct 14 after Bursa rejects regularisation plan extension (The Edge)

Verdant Solar IPO oversubscribed by nearly 40 times ahead of ACE Market listing (The Edge)

LEAP Market-listed Enest plans ACE Market transfer, public issue (The Edge)

HSS Holdings eyes ACE Market listing (The Star)

Metal parts and furniture maker Wintech Metal files for ACE Market listing (The Edge)

Thursday, 9 Oct 2025 Entitlement Announcement

6:29PM UUE Bonus Issue
6:29PM UUE Bonus Issue
6:11PM SUCCESS Interim Dividend
5:54PM AJIYA Bonus Issue
1:16PM TOPGLOV Final Dividend

[winston]

Market News on 13 October 2025

Dow drops almost 900 points, S&P 500 declines the most since April, after Trump’s new China tariff threat (CNBC)

US Threatens Sanctions Over Global Carbon Tax Proposal For Shipping (Business Today)

US To Impose 100% Tariffs On Chinese Imports From November 1 (Business Today)

China tightens checks on Nvidia AI chips at major ports, FT reports (Reuters)

China Markets Under Threat From Risk of Renewed US Trade War (Bloomberg)

China opens antitrust probe into Qualcomm over its Autotalks deal (Reuters)

Rare earth stocks jump after Trump says China holding world captive with its strict controls (CNBC)

Malaysia plans to spend $111 billion in 2026, boost tax collection (Reuters)

Excise Duty On Alcohol Raised By 10%, Tobacco Also Up From Nov 1 2025 (Business Today)

No more tax holiday for imported fully-assembled EVs from 2026, says MOF (The Edge)

Gagasan Nadi Revises Acquisition Plans With RM127 Million Deal For SESB, SDASB Stakes (Business Today)

Magma, KLCC Holdings To Dispose Impiana Hotel For RM315 Million (Business Today)

MSB Global Secures 10-Year Distributorship For GOLD Shock Absorbers In Southeast Asia (Business Today)

Kelington Signs MOU To Develop Green Hydrogen Plant In Batang Kali (Business Today)

Ge-Shen proposes two private placements, RM52m acquisition to raise stake in Local Assembly (Malaysian Reserve)

SunCon cleared in RM712m LRT3 Lawsuit (Malaysian Reserve)

Ipoh-based bus builder Bus Cap files for ACE Market listing to build new factory (The Edge)

Friday, 10 Oct 2025 Entitlement Announcement
5:10PM SBAGAN Others
5:10PM SBAGAN First and Final Dividend
5:09PM KLUANG Special Dividend
5:08PM KLUANG Others
5:08PM KLUANG First and Final Dividend

[winston]

Bursa Closure On 20 Oct For Deepavali

Market News on 15 October 2025

Wall Street ends mixed; banks rally on upbeat results (Reuters)

US, China roll out tit-for-tat port fees, threatening more turmoil at sea (Reuters)

Trump trade rep says new 100% tariff on China depends on Beijing’s next move (CNBC)

Trump Threatens China Cooking Oil Trade as Retaliation for Soybean Boycott (Bloomberg)

Trade group wants to ban export of scrap aluminum cans to China (Reuters)

AI investment boom may lead to bust, but not likely systemic crisis, IMF chief economist says (Reuters)

Fed's Powell says economy on firmer footing, QT end in view (Reuters)

Powell Signals Another Cut as Weak Hiring Pressures Unemployment (Bloomberg)

IMF says China must shift growth to domestic demand, resolve property crisis (Reuters)

Malaysia lowers November crude palm oil reference price, maintains duty at 10% (The Star)

Southern Cable Launches Private Placement To Fund RM129 Million Expansion Plan (Business Today)

MAA Urges KNM Group Shareholders To Support RM1.34 Billion Sale Of DKNM (Business Today)

KTI Accepts RM70 Million LOI To Develop New Sabah Tourism Building In Kk (Business Today)

TSR Capital Clinches RM85 Million Construction Contract For IBTEC Johor (Business Today)

AuMAS Secures Renewal For Bukit Mantri Gold Mining Project (Business Today)

Ucrest receives patent in Taiwan (The Star)

Infomina to accelerate AI commercialisation for recurring income (The Star)

Sapura Industrial (SAPIND) forms JV with Singapore firm for lithium battery parts plant (The Edge)

Mesiniaga bags RM17.9m contract extension from Customs Department (The Edge)

SMI files fresh judicial review bid against SC over board appointments (The Edge)

CB Industrial (CBIP) exits Indonesian plantation venture with RM38m divestment to UK-listed AEP (The Edge)

Tuesday, 14 Oct 2025 Entitlement Announcement
12:39PM DIN045801028 Profit Payment

[winston]

Market News on 16 October 2025

S&P 500 ends higher after strong bank earnings, chip stocks rally (Reuters)

Trump Declares US-China Trade War, Bessent Floats Long Truce (Bloomberg)

Treasury Secretary Bessent says a stock market decline won’t deter the U.S. from taking strong action against China (CNBC)

Trump administration will set price floors across range of industries, to combat China, Bessent says (CNBC)

US deficit-to-GDP ratio has room to come down, Bessent says (Reuters)

Bessent says he plans to present Fed chief candidates to Trump in December (Reuters)

Oil Rises as Trump Says India Will Stop Buying Russian Supply (Bloomberg)

IMF maintains Malaysia's real GDP growth forecast at 4.5% in 2025, 4.0% in 2026 (The Star)

US-Malaysia reciprocal agreement to be signed next week seen as fair, says Tengku Zafrul (The Star)

Lotte Chemical’s US$3.95 Billion Indonesia Plant Commences Operation (Business Today)

Genting Malaysia Awaits Dec 1 Verdict On New York Casino License Bid (Business Today)

Straits Energy, Megah Port end MoU on port projects (Malaysian Reserve)

SNS Network, Mimos form JV to boost Malaysia’s digital assurance capabilities (Malaysian Reserve)

Coastal Contracts secures RM13m liftboat charter (Malaysian Reserve)

Chin Hin terminates Batu high-rise development deal (Malaysian Reserve)

Crest Builder wins RM24m concrete works contract (Malaysian Reserve)

Borneo Oil teams up with Sedaplycious to expand SugarBun in West Malaysia (Malaysian Reserve)

NexG foreign worker job gets 18-month extension (The Star)

MSM International ceases to be substantial shareholder in Cosmos Technology after block sale to managing director (The Edge)

EP Manufacturing lands third Chinese car assembly partnership (The Edge)

Globetronics plans one-for-two bonus warrants (The Edge)

Advancecon clinches RM36.1m infra works job from Sime Darby Property (The Edge)

Bursa reprimands TXCD, fines five former directors for late annual report, governance failures (The Edge)

TMK Chemical unit secures distribution deal with Tata Chemicals for Vietnam Market (The Edge)

Jewellery retailer Goldfinch plans ACE Market IPO (The Edge)

RT Pastry, bakery chain founded by a Taiwanese, files for ACE Market IPO for next phase of growth (The Edge)

Insights Analytics' IPO public portion oversubscribed by 53.62 Times (The Edge)

Sum Technology eyes ACE Market listing to expand presence at home and in Philippines (The Edge)

Unioleo Holdings to list on ACE Market (The Star)

Wednesday, 15 Oct 2025 Entitlement Announcement
5:58PM RKI   Final Dividend

[winston]

Market News on 17 October 2025

Stocks close lower, with Dow dropping 300 points, as fears about bad loans in banking industry grow (CNBC)

US bank stocks plunge as investors grow uneasy about mounting risks (Reuters)

U.S. budget deficit edged lower in 2025 as tariffs, debt payments both saw new records (CNBC)

TSMC raises revenue forecast on bullish outlook for AI megatrend (Reuters)

China Blames US for Trade Tensions, Warns Against Decoupling (Bloomberg)

China accuses U.S. of deliberately causing panic over rare earth controls, says it is open to talks (CNBC)

G7 agrees to keep united front on China export controls, diversify suppliers (Reuters)

IMF official urges China to shift fiscal focus away from industrial policy (Reuters)

EC Sets Sabah Election Date For Nov 29 (Business Today)

PN17 Listed Pimpinan Ehsan May Face Suspension And De-Listing (Business Today)

Widad Disputes RM3 Million Claim In Highway Project Lawsuit (Business Today)

LFG Expands Into Vietnam With RM22.2 Million Port, Warehouse Acquisitions (Business Today)

Propel Global JV Unit Secures RM70 Billion Data Centre Contract (Business Today)

Chin Hin To Develop RM1.15 Billion Residential Project In KL (Business Today)

Moody’s Ratings places Genting ratings on review for downgrade (Malaysian Reserve)

NexG lands RM12m add-on contract from JPJ (Malaysian Reserve)

Zecon inks MoU for integrated energy complex in Sarawak (Malaysian Reserve)

PJBumi’s sub-unit forms consortium for oil & gas projects in Indonesia (Malaysian Reserve)

CBH Engineering wins RM21m data centre substation contract (Malaysian Reserve)

Ibraco, HMI Medical collaborate to establish 300-bed Regency Hospital Kuching (Malaysian Reserve)

KTI Landmark clarifies RM70 mil Wisma Budaya redevelopment job not in the bag yet (The Edge)

Mudajaya plans five-to-one share consolidation (The Edge)

Salutica sees Singapore fund GEMS Capital emerge as new substantial shareholder (The Edge)

ACE Market Bound Powertechnic Group’s IPO Oversubscribed Record 46 Times (Business Today)

Thursday, 16 Oct 2025 Entitlement Announcement
6:09PM PGLOBAL First Interim Dividend
5:53PM DIALOG Final Dividend
5:42PM EQ8WAQF Income Distribution
5:41PM EQ8SID Income Distribution
5:40PM EQ8MY25 Income Distribution
5:40PM EQ8MID Income Distribution
5:04PM VOLCANO Final Dividend

[winston]

Market News on 21 OCT 2025

Dow closes 500 points higher as Apple revives stock rally (CNBC)

Apple nears $4 trillion valuation as shares surge on strong iPhone 17 demand (Reuters)

White House economic advisor Hassett says shutdown could end this week (CNBC)

US regional banks' earnings under scrutiny with jitters over credit risks (Reuters)

Bank of America Warns of Forced Stocks Selling If Credit Problems Persist (Bloomberg)

Trump Signs Agreement on Critical Minerals With Australia (Bloomberg)

China’s growth hits 4.8%, its weakest in a year, as investment sees ‘rare and alarming’ drop (CNBC)

Solarvest unit obtains TNB connection approval for 30MW solar facility (The Star)

Capital A In Talks To Buy Stake In Vietnam’s Vietravel (Business Today)

Mestron partners China’s Trina Solar for PV rollout in Malaysia (The Edge)

Berjaya Corp proposes bonus issue of up to 2.2 billion free warrants (The Star)

Axiata said to have revived plan to sell tower firm Edotco (The Edge)

MACC freezes Rohas Tecnic accounts over probe on subsidiary's old contract (The Edge)

PTT Synergy bags three infra works contracts worth RM106 mil (The Edge)

Bintai Kinden wins RM25.2mil sub-contract for Johor factory project (The Star)

Chin Hin Group Property acquires Segambut land for RM31.74 mil after YNH deal collapse (The Edge)

G Capital unit wins RM648,000 contract for Kelantan water project (The Star)

Artroniq plans RM75m share capital reduction to eliminate losses (The Edge)

Sedania’s auditor issues qualified opinion on FY2025 financial statement (The Edge)

Jentayu Sustainables reschedules EGM from Oct 22 to Dec 4 (The Edge)

[winston]

Market News on 22 OCT 2025

Dow sets new record close just below 47,000 on strong Coca-Cola, 3M earnings (CNBC)

Goldman Sachs flags risk of disruption in supply of rare earths, key minerals (Reuters)

Gold retreats after record rally, on track for biggest daily drop since 2020 (Reuters)

Straits Energy to sell two tugboats for RM8.5m to related party amid lack of viable projects (The Edge)

Solarvest plans RM254m private placement to fund solar PV projects, working capital (The Edge)

PPB sees limited impact from Wilmar’s legal troubles over sugar import in Indonesia (The Edge)

Magna Prima takeover 'not fair but reasonable', says independent adviser (The Edge)

Rapid Synergy to sell two Penang parcels for RM35m to Germany's ams OSRAM (The Edge)

Vantris Energy bags seven-year contract for diving services in Saudi Arabia (The Edge)

Exsim Hospitality unit wins RM18m subcontract from Binastra Builders (The Malaysian Reserve)

HSS Engineers signs NEDA connection agreement with TNB for 30MW solar project (The Malaysian Reserve)

Sin-Kung unit taps Pos Malaysia unit for aviation support services (The Edge)

ICT Zone bags RM14m order to lease ICT equipment (The Edge)

Kretam’s Freddy Lim emerges as substantial shareholder of Azam Jaya (The Edge)

Sasbadi partners Agmo to build AI model for education sector (The Edge)

Farmiera launches ACE Market IPO, seeks up to RM29.25m to fund upstream expansion in poultry (The Edge)

Maybank IB underwrites social media creator KL Foodie's ACE Market IPO (The Edge)

Tuesday, 21 Oct 2025 Entitlement Announcement

6:44PM MATANG First and Final Dividend
5:30PM PANTECH First Interim Dividend
12:36PMSAG Interim Dividend

[winston]

Market News on 23 OCT 2025

Dow closes down 300 points on trade fears, latest earnings (CNBC)

US banks' surge in loans to private creditors may pose risks, Moody's says (Reuters)

US Considers Broad Software Curbs on China, White House Says (Bloomberg)

Tesla profit falls short despite record sales, hit by higher costs and fading credits (Reuters)

Gold extends fall as investors book profits ahead of US inflation data (Reuters)

US crude futures up $1.3 after US sanctions Russia's Rosneft, Lukoil and says more to come (Reuters)

ASEAN-US relations progressing well, MITI optimistic trade deal will be inked during summit (The Malaysian Reserve)

EPF ceases to be substantial shareholder in 99 Speed Mart (The Edge)

YTL Corp, YTL Power to seek shareholders’ nods for share option issuance to director-linked employees (The Edge)

Heineken says Malaysia beer sales up in 3Q, ahead of market (The Edge)

RAM Affirms Genting Group’s AA1 Ratings; Cautions Limited Debt Headroom (Business Today)

Ancom Nylex, Ancom Logistics, Greenheart revise RTO terms; private placement and subscription dropped (The Edge)

Omesti seeks to replace two Ho Hup directors with appointees (The Edge)

Perak Transit tells Bursa it’s business as usual after sell-off wipes out nearly half its market value (The Edge)

Zecon to build 100MW solar plant in Kuching, supply power to Sarawak’s Sesco (The Edge)

ACE Market-bound Insights Analytics to partner Sarawak AI Centre to advance digital twin, AI solutions

BMS Aims To Use Listing Proceeds For Additional Retail Footprint (Business Today)

Plastic powder manufacturer Polymer Link signs underwriting agreement with Hong Leong IB ahead of ACE Market listing (The Edge)

Wednesday, 22 Oct 2025 Entitlement Announcement

6:15PM CPETECH Final Dividend
5:48PM MPAY Bonus Issue
5:33PM MENANG Final Dividend
5:24PM IGBREIT Income Distribution
5:20PM IGBCR Income Distribution
5:04PM ZHULIAN Third Interim Dividend