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

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Market News on 15 JUL 2025

Wall Street ends with modest gains as investors await earnings, economic data (Reuters)

Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side (CNBC)

Oil falls as Trump gives Russia 50 days to avoid new sanctions (Reuters)

MITI Imposes Strict Rules For Shipping AI Chips Of US Origin (Business Today)

Hengyuan makes cash call for RM300m to fund crude oil purchases (The Edge)

Capital A inks MOU with govt-owned KTMB to integrate travel, logistics services (The Edge)

Ramssol to sell 40% stake in Rider Gate to US tech firm to accelerate AutoTech growth (The Edge)

Zetrix AI, formerly MyEG, reprimanded as seven directors fined over misleading announcements (The Edge)

Flexidynamic plans to enter gamma sterilisation business, using private placement for funding (The Edge)

Advance Synergy ceases to be Malpac’s substantial shareholder (The Edge)

Solid Automotive To Acquire Automotive Parts Firm For RM6 Million (Business Today)

Skyworld Terminates Vietnam MOU Agreement (Business Today)

Bina Darulaman enters JV with Energise Sdn Bhd for renewable energy push (The Malaysian Reserve)

Independent adviser deems Rex Industry takeover offer ‘not fair and not reasonable’ (The Star)

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Market News on 16 JUL 2025

Dow drops 400 points on earnings, inflation woes; Nvidia lifts Nasdaq to record close (CNBC)

Nvidia's resumption of AI chips to China is part of rare earths talks, says US (Reuters)

Inflation picks up again in June, rising at 2.7% annual rate (CNBC)

Trump Says Indonesia Goods to Face 19% Tariff Under New Pact (Bloomberg)

China’s second-quarter growth beats forecasts but deflation fears fuel calls for stimulus (CNBC)

Trade Minister Says No Evidence Of AI Chip Smuggling Activity (Business Today)

MACC raids NationGate premises over alleged scrap metal smuggling (The Malaysian Reserve)

PCHEM Renews RM8.4b heavy naphtha supply deal with Petronas unit (The Malaysian Reserve)

T7 Global gets six-month extension from Hibiscus Petroleum for offshore work (The Edge)

Securemetric (SMETRIC) auditor UHY resigns by mutual consent just under two months after reappointment (The Edge)

YNH exits Segambut JV, sells land directly to Chin Hin (The Malaysian Reserve)

Zetrix AI to challenge Bursa reprimand; stock drops 7% amid governance concerns (The Edge)

Urusharta Jamaah emerges as substantial shareholder in Elridge Energy with 5.26% stake (The Edge)

DXN focuses on ready-to-eat and -cook products, eyes further global spread (The Star)

Tomypak boosts stake in EB Packaging to 90% with RM6.69m acquisition (The Edge)

Malakoff explores green energy projects in Sarawak (The Edge)

Lawsuit Against LSH In KL Tower Concession Dispute Dismissed (Business Today)

Master Tec signs MoU with Senari Synergy to expand into Sarawak (The Star)

Handal Energy faces RM18m lawsuit, winding-up petition for key subsidiary (The Edge)

Semico Capital plans IPO on ACE Market (The Star)

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Market News on 17 JUL 2025

Wall Street ends up, after brief downward detour on Powell firing confusion (Reuters)

Trump says he's 'not planning' to fire Fed's Powell (Reuters)

US producer prices flat in June, but tariffs lift goods costs (Reuters)

Trump says US will stick to 25% tariff on Japan, may have deal with India soon (Reuters)

US wants foreign equity cap lifted in strategic sectors, says Tengku Zafrul (FMT)

Gamuda JV bags Perak water supply deal of at least 40 years (The Edge)

UUE plans bonus issue, diversification into renewable energy (The Edge)

Kawan Renergy bags RM39m contract to construct gas turbine co-generation plant in Port Klang (The Edge)

Theta Edge, MARA Inc sign MoU to collaborate on public sector digital transformation (The Malaysian Reserve)

Coastal Contracts Secures 25-Year Solar Power Deal In Sabah (Business Today)

BTM reviewing use of RM21.9m unutilised proceeds after scrapping biomass power projects (The Malaysian Reserve)

Malakoff commits to greener growth with new Sarawak projects (The Malaysian Reserve)

Tan Chong Motor slapped with UMA query after share price hit near one-year high (The Edge)

Pekat Group to raise up to RM84m via new share placement, set to join billion-ringgit market cap club (The Edge)

Tiger prawn processor Camaroe gets nod from Bursa Malaysia to list (The Star)

Wednesday, 16 Jul 2025 Entitlement Announcement

5:04PM ZHULIAN Second Interim Dividend

[winston]

Market News on 18 JUL 2025

S&P 500, Nasdaq end at fresh record highs as data, earnings point to consumer strength (Reuters)

US retail sales growth, steady job market bolster Fed's rate-cut delay (Reuters)

TSMC profit surges 61% to record high fueled by AI chip demand (CNBC)

MRT3 Circle Line Gets Final Approval, Land Acquisition To Begin (Business Today)

Malaysia hikes August crude palm oil reference price, raising duty to 9% (The Star)

KWAP ceases to be substantial shareholder in Zetrix AI (The Edge)

EPF ceases to be substantial shareholder in SunCon (The Edge)

NationGate says MACC raid not expected to significantly impact group’s ops, financials (The Edge)

Sunway secures RM2.33bil Singapore land tender for residential development (The Star)

Kossan founder Lim Kuang Sia and brother cease to be substantial shareholders of Berjaya Corp (The Edge)

NexG secures further six-month extension for Malaysian passport chip contract (The Malaysian Reserve)

CBH Engineering gets RM172 mil contract, first major win since listing sends stock soaring (The Edge)

Tan Chong Says Unaware Behind Reason Share Price Surge (Business Today)

Mudajaya Subsidiary Cleared In India Probe, Freeze Order Squashed ((Business Today)

Thursday, 17 Jul 2025 Entitlement Announcement

5:18PM PANSAR-PA Others
5:17PM PANSAR Interim Dividend

[winston]

Market News on 21 JULY 2025

S&P 500 rises to new closing record, boosted by solid earnings and U.S. economic data (CNBC)

Treasury Yields Slide After Waller’s July Cut Call (Bloomberg)

Aug. 1 is ‘hard deadline’ for Trump’s tariffs, Commerce Secretary Lutnick says (CNBC)

IMF eyes revised global forecast, but warns trade tensions still cloud outlook (Reuters)

China's exports of rare earth magnets to the US surge in June (Reuters)

Malaysia's overall trade rises 4.8% in 1H to RM1.47 Trillion (The Star)

Prime Minister To Make Special Announcement In Relation To Cost Of Living (Business Today)

MACC identifies 2 more firms offering bribes in data centre project probe (FreeMalaysiaToday)

TH Plantation CEO On Garden Leave, CFO Resigns Amid Probe Into RM5.1 Million Payment (Business Today)

Silver Ridge Bags RM17 Million Cable Installation Job For TNB (Business Today)

Globetronics?* Acquires 30.85% Stake In Mpire** For RM45 Million (Business Today)

KTI Accepts Tender From CIBD For RM130 Million Construction In Sabah (Business Today)

TCS Group plans to place out 10% of shares to raise funds for working capital (The Edge)

NexG sets up MyNasional Holdings as AI, data intelligence arm (The Edge)

3REN subsidiary to undertake Invest Penang incentives package (The Star)

[winston]

Market News on 22 JULY 2025

S&P 500 posts first close above 6,300, Nasdaq hits a record ahead of big tech earnings (CNBC)

Bessent: Aug. 1 tariffs ‘will put more pressure’ on trade partners for deals (CNBC)

US not rushing trade deals ahead of August deadline, will talk with China, Bessent says (Reuters)

Bessent says Fed needs exhaustive review of non-monetary policy operations (Reuters)

U.S. plays hardball on tariffs deadline as EU battles for a deal (CNBC)

Malaysia’s Sudden Drop In June Export Indicates Broader Slowdown (Business Today)

Foreign Investors Net Sold RM206 Million, Local Institutions End Buying Streak (Business Today)

PJBumi Secures Contract To Design A BioReactor System In Indonesia (Business Today)

Cahya Mata Cement To Construct RM673 Million New Clinker Line (Business Today)

Meta Bright Takes Over Charging Station Projects From ChargeHere EV (Business Today)

Ahmad Zaki Served With Another Winding Up Petition (Business Today)

Aneka Jaringan Awarded RM72 Million Data Centre Contract By Quantum Alpha (Business Today)

Sunway Construction Confirms MACC Investigating Employee Linked To Data Centre Scandal (Business Today)

Atlan to sell entire stake in United Industries for RM175m to Duty Free International (Malaysian Reserve)

Master Tec partners Senari Synergy to enter Sarawak cable market (Malaysian Reserve)

Gamuda-PKNPk JV in water infrastructure project for northern Perak (Malaysian Reserve)

EPF emerges as substantial shareholder in NationGate (The Edge)

FACB Industries gets privatisation offer at RM1.60 per share (The Edge)

Oxford Innotech Attracts Strong Retail and Institutional Interest, IPO Oversubscribed 3.42 Times (Business Today)

Monday, 21 Jul 2025 Entitlement Announcement
6:05PM CLMT Income Distribution

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Market News on 23 JULY 2025

S&P 500 notches record-high close; GM slumps as tariffs bite (Reuters)

Trump announces 'massive' trade deal with Japan with 15% tariffs (CNBC)

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm (CNBC)

Bessent Sees No Reason for Powell to Step Down From Fed Now (Reuters)

Trump says Fed's Powell will be out in 8 months, calls him a 'numbskull' (Reuters)

Govt Expected To Save RM135 Million From Removing Egg Subsidy (Business Today)

SC Estate Builder’s RM85m hotel deal raises eyebrows (Malaysian Reserve)

Jati Tinggi JV bags RM19.4m TNB submarine cable contract in Perak (Malaysian Reserve)

Theta Edge forms JV with CSE Telematics to develop vehicle safety platform (Malaysian Reserve)

Bina Darulaman enters JV with Energise for renewable energy push (Malaysian Reserve)

UUE Holdings Inks Deal With ASEAN Cableship To Explore Offshore Drilling (Business Today)

HI Mobility's Causeway Link confirms driver walkout at Johor-Singapore Causeway, says it is working to resolve issue (The Edge)

After Green Packet, Labuan-based firm now acquires substantial stake in Oasis Harvest (The Edge)

Express Powerr eyes listing on ACE Market (The Star)

Tuesday, 22 Jul 2025 Entitlement Announcement
6:16PM OVH Bonus Issue
5:18PM PAVREIT Income Distribution

[winston]

Market News on 24 JULY 2025

Dow jumps 500 points, S&P 500 closes at another record on Trump trade deal optimism (CNBC)

Alphabet beats earnings expectations, raises spending forecast (CNBC)

Trump Says Countries Will Face Tariffs Ranging From 15% to 50% (Bloomberg)

Bessent Says ‘No Rush’ to Choose Successor to Fed’s Powell (Bloomberg)

US Fed independence under threat, say economists, but no one expects a July rate cut- Reuters poll (Reuters)

China's Vice Premier He Lifeng to hold US trade talks in Sweden (Reuters)

Govt To Disburse RM100 One-Off Aid Via MyKad Starting Aug 31 (Business Today)

RON95 Price Slashed To RM1.99 Per Litre For Eligible Malaysians (Business Today)

IHH Streamlines India Operations With New Service Agreement Between Fortis And Gleneagles (Business Today)

CapitaLand (CLMT) Raises RM250 Million From Oversubscribed Private Placement (Business Today)

Infoline inks MoU with UNIMY to collaborate on cybersecurity and AI education (Malaysian Reserve)

Liew Kee Sin sells 3.36% stake in EcoWorld for RM190m over two days (The Edge)

Evergreen Max Cash secures RM40m funding to expand Islamic pawnbroking services (The Edge)

TT Vision to lease industrial plot in Bayan Lepas for new manufacturing facility (The Edge)

Northern Solar expands beyond rooftops with utility-scale solar push (The Edge)

Wednesday, 23 Jul 2025 Entitlement Announcement
5:21PM ANCOMNY First Interim Dividend
5:20PM AMEREIT Income Distribution
5:06PM UOAREIT Income Distribution
8:59AM CLMT Income Distribution

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Market News on 25 JULY 2025

S&P 500, Nasdaq close at fresh records following solid Alphabet earnings (CNBC)

US labor market steady, jobless claims at three-month low (Reuters)

Trump presses Powell to cut rates during tense visit to Fed (Reuters)

Trade Minister Targeting 20% Tariff With US (Business Today)

Zafrul: Malaysia’s semiconductor exports remain resilient, up 15.7% in 1H2025 (The Edge)

Keyfield Receives New Work Order From Petronas Carigali (Business Today)

Country Heights (CHHB) unit faces winding-up petition from IRB over unpaid taxes (Malaysian Reserve)

MMAG acquires third freighter for RM121m to boost air cargo fleet (Malaysian Reserve)

Francis Leong appointed Mpire's ED amid RM45 mil investment by Globetronics (The Edge)

Jentayu to refund advance payment after Sumitomo ends renewable energy MOU (The Edge)

Rimbunan Sawit calls off joint venture to develop Sarawak NCR land (The Edge)

Metronic Global ends JV with China’s Singyes after six years (The Edge)

AYS Ventures: Associate’s takeover offer for Singapore-listed CosmoSteel turns unconditional with 87.88% acceptances (The Edge)

Maxis inks MOU with Aduna, boosting digital business innovation (The Star)

KAB subsidiary bags two hydropower projects under SEDA FiT 2.0 (The Star)

Thursday, 24 Jul 2025 Entitlement Announcement
6:28PM FFB Final Dividend
6:01PM KIPREIT Income Distribution
5:31PM EUPE Interim Dividend
5:30PM BMGREEN Final Dividend
5:28PM LUXCHEM Interim Dividend
1:06PM NESTLE Interim Dividend
1:02PM BETA First Interim Dividend
1:02PM BETA Final Dividend

[winston]

Market News on 28 JUL 2025

S&P 500 posts fifth straight record close this week, powered by solid earnings (CNBC)

US and EU strike deal with 15% tariff to avert trade war (Reuters)

US commerce secretary says Europe must open markets to get lower tariff deal (Reuters)

US, China to resume tariff talks in effort to extend truce (Reuters)

China releases AI action plan days after the U.S. as global tech race heats up (CNBC)

China's industrial profits fall further in June (Reuters)

RM100 Merdeka Cash Directly Transferred On 31 August, Need Not Apply (Business Today)

Johor-Singapore SEZ Emerges As Key Driver of Johor’s Economic Growth, MB Says (Business Today)

Jentayu says Sabah hydropower project remains on track despite MOU lapse (The Edge)

Ekovest, Lim Kang Ho extend deadline for RM1.15 bil Credence deal to Aug 29 (The Edge)

ETA's stake in Rex Industry rise to 55.04% on close of takeover offer (The Edge)

Rhone Ma unit secures RM15.64mil contract for milk processing line (The Star)

Globetronics defends RM45 mil buy of loss-making Mpire as strategic diversification (The Edge)

Ecobuilt bags RM35m job to build serviced apartments in Shah Alam (The Edge)

Sapura Energy bags contracts in Thailand totalling over RM500 mil (The Edge)

Plastic powder supplier Polymer Link gets Bursa's green light for ACE Market listing (The Edge)

Friday, 25 Jul 2025 Entitlement Announcement

7:05PM TWRREIT Income Distribution
6:01PM BLDPLNT First and Final Dividend
5:18PM CTOS Second Interim Dividend