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

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Market News on 16 JUN 2025

Dow falls more than 700 points on Friday as attacks between Israel and Iran escalate (CNBC)

Fed to release 2025 bank stress test results on June 27 (Reuters)

Oil Extends Rally as Israel-Iran Conflict Stokes Supply Concerns (Bloomberg)

IEA says it stands ready to tap emergency oil stocks, OPEC sees no need (Reuters)

Govt Decides To Exempt Residentials Under Housing Development Act (HDA) From SST (Business Today)

Axiata completes sale of Myanmar tower assets at revised lower price (The Edge)

Dialog bags Mutiara Cluster PSC in offshore Sabah from Petronas (The Edge)

Ahmad Zaki Unit Faces Winding-Up Petition By Sunway Over RM1.74 Million Debt (Business Today)

UUE bags RM83 mil worth of new contracts, pushing its order book to a record RM416 mil (The Edge)

KJTS inks MoU with Envicool for energy-efficient data centre cooling in Asean (The Star)

Rex Industry gets takeover offer at 10 sen per share (The Edge)

KGW Group doubles down on US market, forms logistics integration JV with China’s Mingkun (The Sun)

HSS Engineers Clarifies Role In MEX II Amid MACC Probe (Business Today)

Cuckoo IPO oversubscribed by 1.42 times, final price set at RM1.08 per share (The Star)

Friday, 13 Jun 2025 Entitlement Announcement

5:43PM MANULFE First and Final Dividend (with Dividend Re-Investment Plan)
5:14PM TMK Final Dividend
1:23PM MICROLN   Rights Issue

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Market News on 17 JUN 2025

Dow closes 300 points higher on cooling oil and hopes that Israel-Iran conflict will be contained (CNBC)

Iranian state broadcaster hit as Iran urges Trump to make Israel halt war (Reuters)

G7 leaders agree on strategy to protect critical mineral supply, draft document says (Reuters)

China’s May retail sales grow at fastest pace since December 2023 as subsidies help boost consumption (CNBC)

Oil prices fall $1 per barrel on reports Iran seeks truce with Israel (Reuters)

Gold falls over 1%, spotlight on Israel-Iran conflict and Fed meeting (Reuters)

MARGMA Says SST On Natural Rubber Latex Will Raise Production Cost, Calls For Deferment (Business Today)

Westports Receives Phased Tariff Hike Approval From Transport Ministry (Business Today)

TNB earmarks RM43 bln to upgrade national grid with AI, battery storage systems – PM Anwar (TheSun)

Deleum acquires oilfield service assets and business from Thai-based MPC Future for RM60m (The Edge)

Solarvest JV secures 25-year solar plant deal in Brunei (The Edge)

Felda’s Offer To Acquire All Remaining FGV Shares Closes July 7 (Business Today)

Berjaya Land inks plans for residential housing in Greenland (The Star)

Valet Technology eyes 1Q26 listing on ACE Market (The Star)

Monday, 16 Jun 2025 Entitlement Announcement

6:04PM FPHB   Bonus Issue

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Market News on 18 JUN 2025

Dow closes nearly 300 points lower Tuesday as Israel-Iran conflict intensifies (CNBC)

Fed policymakers meet as new data raises growth concerns, geopolitical risks rise (Reuters)

Trump weighs potential U.S. military strike on Iran, demands ‘unconditional surrender’ (Reuters)

Weak US retail sales, manufacturing output point to softening economy (Reuters)

Oil prices rise more than 4% as Iran-Israel conflict escalates (Reuters)

Amir Hamzah: RON95 subsidy cut to come first, carbon tax expected in 2026 (TheStar)

KPJ Healthcare awards RM32 mil renovation contracts to company linked to Johor Corp (The Edge)

MHB wins final legal victory in valve dispute with gas project operator (The Edge)

Yinson Closes US$1 Billion Investment Round From International Groups (Business Today)

Apollo Food Declares 100% Dividend Payout After Steady Full Year Results (Business Today)

Theta Edge bags RM4.4mil mobile x-ray contract from NCSM (The Star)

Chin Hin scraps RM51m data centre acquisition due to unmet conditions (The Edge)

Key ASIC launches AI + IoT chip platform for edge computing (The Malaysian Reserve)

Berjaya Land to jointly develop rare earth mining and plantation projects in Perlis (The Edge)

Tuesday, 17 Jun 2025 Entitlement Announcement

6:27PM JAYCORP First Interim Dividend
6:10PM ALAM Share Consolidation
6:06PM PHARMA Rights Issue
5:52PM TWL-LA Coupon Payment
5:31PM APOLLO Second Interim Dividend

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Market News on 19 JUN 2025

Dow posts narrow loss after Fed signals it’s in no hurry to cut rates (CNBC)

Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees 'meaningful' inflation ahead (Reuters)

Fed decision recap: Central bank signals stagflation fears, Powell says Fed ‘well positioned to wait’ on rates (CNBC)

Foreign Treasuries Holdings Held Near a Record in April Turmoil (Bloomberg)

MITI Cautions Companies Illegally Using Nvidia, AI Chips For LLM Training (Business Today)

Wilmar posts US$729m security deposit amid Indonesian corruption appeal, PPB discloses (The Malaysian Reserve)

Kobay to reallocate RM21m funds from cash call for E&E expansion (The Edge)

DNeX unit clinches RM104 mil iGFMAS contract from MoF (The Edge)

Farm Price to acquire Johor-based grocery and vegetable businesses for RM4.5m (The Malaysian Reserve)

MN Holdings wins RM40 mil data centre-linked job (The Edge)

Yinson, K Line To Co-Develop Floating Storage Units For Liquified CO2 (Business Today)

GuocoLand unit ordered to pay RM6.4m in arbitration; completes RM50m MTN issuance (The Malaysian Reserve)

Straits Energy’s NYSE-listed unit inks bioenergy MoA with Double Corporate (The Malaysian Reserve)

Master Tec, YOFC Marine ink MoU on advanced power cable solutions (The Star)

Wentel Engineering optimistic on revenue growth for 2026, eyes Singapore market (TheSun)

Pharmaniaga aims to exit P17 status by end-2025 or first-quarter 2026 (TheSun)

ACE Market-listed LGMS eyes transfer to Main Market by 4Q (The Edge)

A1 AK Koh launches ACE Market IPO at 25 sen per share (The Edge)

Wednesday, 18 Jun 2025 Entitlement Announcement

5:40PM WTK Final Dividend
12:47PM SCIENTX Interim Dividend

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Market News on 20 JUN 2025

U.S. economic slowdown still in the cards, Fed says (CNBC)

Trump Set to Decide Within Two Weeks Whether to Strike Iran (Bloomberg)

Fed's Powell says he expects to see more tariff-driven price hikes in coming months (Reuters)

Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain (Reuters)

Ministry initiates urgent discussions with palm oil industry over upcoming 5% SST on oleochemical sector (TheSun)

MBSB Bank partners with Bayo Pay to digitalise construction sector payroll (The Edge)

Oriental Kopi to acquire Puchong HQ and warehouse for RM23 mil (The Edge)

Theta Edge and Agmo form JV to drive AI and blockchain innovation (The Edge)

Deleum clinches turbine maintenance contract from Hess (The Edge)

CTOS partners Infomina to gain real-time access to SSM corporate data (The Edge)

Malakoff in concession deal to build waste-to-energy facility (The Star)

Flexidynamic Acquires Formtech For RM10.4 Million To Boost Glove Supply Chain (Business Today)

BFood disposes stake in 7-Eleven Malaysia for RM13.2mil (The Star)

BCorp acquires 1.66% stake in Berjaya Assets for RM12.75mil (The Star)

Advancecon Takes Legal Action Against ECRL Contractor CCC Over Claims Dispute (Business Today)

MSM reiterates call for tariff to curb dumping of imported sugar (The Star)

Thursday, 19 Jun 2025 Entitlement Announcement

5:46PM GFM Final Dividend

[winston]

Market News on 23 JUN 2025

Dow futures slide as oil rises following U.S. bombing of Iran (CNBC)

US leading indicators slip in May, triggering recession signal, Conference Board says (Reuters)

Oil prices jump more than 2% after U.S. strikes on Iran raise fears of supply disruption (CNBC)

U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows (CNBC)

Trump says he may change his mind about firing Fed Chair Powell (Reuters)

Still early to assess tariff impact on economy, Fed report says (Reuters)

China's rare earth magnet shipments halve in May due to export curbs (Reuters)

Malaysia Redesign Electricity Tariff Structure for Fairer, More Progressive Rates (Business Today)

Pertama Digital Proposes To Acquire D-Ron For RM105 Million To Regularise Listing Status (Business Today)

Gadang Holdings Secures RM92.5 Million Contract For Highway Widening Project (Business Today)

SD Guthrie, Sime Darby Property to co-develop 2,000 acres on Carey Island into industrial, logistics hub (The Edge)

MBSB Bank partners with Bayo Pay to digitalise construction sector payroll (The Edge)

Vanzo taps Taiwanese market via local distributor, Watson (The Edge)

Wasco plans spin-off listing of biomass energy unit on Bursa (The Edge)

Friday, 20 Jun 2025 Entitlement Announcement
5:16PM POHUAT Second Interim Dividend

[winston]

Market News on 24 JUN 2025

US stock futures rise after Trump says ceasefire reached between Israel and Iran (Reuters)

Oil settles down 7% after Iran attacks US military base in Qatar, not tankers (Reuters)

Bursa Sustains Selling Pressure From Overseas With RM565 Million Outflow (Business Today)

Agreement on construction of ECRL’s last railroad stretch to be finalised by July (The Edge)

HSS Engineers Wins RM10 Million Indian Port Project (Business Today)

Kronologi Asia Advances AI-Focused Strategy Amid Modest 1Q26 Growth (Business Today)

Enra inks RM136.56mil deal for supply of storage tanker solution (The Star)

Affin Bank can catalyse sme growth in strategic sectors, says Abang Johari (The Star)

Yinson unit eyes US$1.2b bond offering backed by Brazil-based FPSO (Malaysian Reserve)

Epicon subsidiary files RM7m adjudication claim over completed housing project (Malaysian Reserve)

CAB Cakaran: Cyberattack on subsidiary’s accounting system not materially damaging (Malaysian Reserve)

Willowglen bags RM15 mil contract from Singapore's SP Power Assets (The Edge)

ASM’s IPO Oversubscribed By 1.27 Times Ahead Of ACE Market Debut (Business Today)

Pan Merchant IPO's retail portion only 37% subscribed (The Edge)

KL Foodie social media creator eyes ACE Market IPO (The Edge)

Monday, 23 Jun 2025 Entitlement Announcement
6:21PM MAGNI Fourth Interim Dividend
5:25PM CETECH Third Interim Dividend

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Market News on 26 JUN 2025

Wall Street ends mixed amid cooling Middle East tensions; Powell in focus (Reuters)

Powell says Fed needs to manage against risk that tariff inflation proves persistent (Reuters)

Nvidia hits record high as analyst predicts AI 'Golden Wave' (Reuters)

Trump signals US may ease Iran oil sanction enforcement to help rebuild country (Reuters)

Oil rebounds on signs of strong US demand (Reuters)

Banks set to charge service tax next month (The Star)

ES Sunlogy's RE segment signals positive trajectory, says MD (The Star)

Berjaya Assets To Dispose Three Retail Units In BTS For RM24.9 Million To Sports Toto (Business Today)

Encorp Receives Shareholder Approval On Business Strategy (Business Today)

ATA IMS Bhd Renamed To Wavefront Bhd (Business Today)

Gas Malaysia, Levidian ink MoU to explore graphene production (Malaysian Reserve)

Citaglobal inks MoU with Kyrgyz Republic to explore renewable energy projects (Malaysian Reserve)

Cypark drops RM61.3m arbitration case against government after reaching settlement (Malaysian Reserve)

Destini seals rail parts overhaul subcontract for MRT Line 1 via indirect unit (Malaysian Reserve)

HSS Engineers’ associate lands RM19.3m consultancy role in Philippines’ Davao transport project (Malaysian Reserve)

Sapura Energy’s Datuk Shahriman Shamsuddin resigns as MACC probe into overseas assets deepens (Malaysian Reserve)

Bursa queries Green Ocean after stock falls to record low and trading volume spikes (The Edge)

Wednesday, 25 Jun 2025 Entitlement Announcement
7:31PM CYL Interim Dividend
6:18PM HTPADU Bonus Issue
6:01PM AJI First and Final Dividend
5:49PM HI Interim Dividend
5:41PM SNS First Interim Dividend
5:40PM NATGATE Interim Dividend
5:02PM PGF Final Dividend

[winston]

Market News on 30 JUN 2025

S&P 500 closes at a record Friday, overcoming even more trade angst (CNBC)

Trump says he won't appoint anyone to Fed who doesn't back rate cuts (Reuters)

Trump says he wants interest rate cut to 1%, would 'love' if Powell resigned (Reuters)

US consumer spending falls; tariff-related boost to inflation awaited (Reuters)

OPEC+ Poised To Boost August Oil Output by 411,000 Barrels Per Day (Business Today)

Fund transfers, e-wallet services, credit card fees and ATM transactions not subject to SST, say banks (The Edge)

Singapore Adjourns Nvidia Chip Smuggling Case To Aug 22 (Business Today)

DNeX Rolls Out Five-Year Plan Focusing On Building Energy And IT Portfolio (Business Today)

Unique Fire eyes global expansion after Main Market transfer (The Edge)

Top Glove expects more orders after tariffs clarity (The Star)

Destini unit secures RM71 mil maintenance, repair and overhaul contract for KTM's electric trains (The Edge)

Yong Tai buys Sabah property developer for RM15m (The Edge)

SumiSaujana wins five-year job from Sarawak Shell for deepwater gas project in Bintulu (The Edge)

Powerwell secures RM8.3m data centre project in Indonesia (The Edge)

Jati Tinggi wins RM54.24m cable installation job (The Edge)

SCIB plans 1-for-1 rights issue with warrants, share capital reduction (The Edge)

Eduspec wins RM40 mil 5G-enabling products testing job, exits gaming business (The Edge)

Green Ocean says unaware of reason for UMA after shares hit new low (The Edge)

ACE Market-bound Oxford Innotech to raise RM41.6mil from IPO (The Star)

Thursday, 26 Jun 2025 Entitlement Announcement

7:03PM MERSEC Interim Dividend
6:44PM UMCCA Second Interim Dividend
6:44PM UMCCA Special Dividend
6:05PM MUHIBAH First and Final Dividend
5:52PM ECOWLD Second Interim Dividend
5:52PM FAVCO First and Final Dividend
5:26PM AURORA First Interim Dividend
5:11PM SUPERLN Interim Dividend

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Foreign investors turn net buyers, inflows at RM33.2mil net

Three sectors that recorded the highest net foreign inflows were utilities (RM102.6 million), transportation and logistics (RM45.9 million) and industrial products and services (RM22.9 million).

The top three sectors that recorded the highest net foreign outflows were financial services (-RM109.9 million), property (-RM35.9 million) and telco and media (-RM28.0 million).

Source: The Star

https://www.thestar.com.my/business/bus ... 332mil-net