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

[winston]

Market News on 12 AUG 2025

Wall Street stocks end down, inflation data, China trade in focus (Reuters)

Trump signs order extending China tariff truce by 90 days, White House says (Reuters)

Trump Open to Nvidia Selling Scaled-Back Blackwell to China (Bloomberg)

Chinese state media says Nvidia H20 chips not safe for China (Reuters)

Inta Bina bags RM265 mil apartment construction job (The Edge)

Citaglobal acquires controlling stake in two Perak hydropower projects for RM15 mil (The Edge)

Sin-Kung Explores Leasing Space Within Penang’s Logistics AeroPark (Business Today)

KNM Secures Overwhelming Creditor Support For RM1.19 Billion Debt Settlement Scheme (Business Today)

Critical Holdings bags RM41m mechanical and electrical works from US-based MNC (The Edge)

ES Sunlogy partners Sarawak firm to develop solar power plant, battery energy storage system in Baram (The Edge)

DRB-Hicom to buy Spirit Aerosystems Malaysia in deal valued at US$95.2mil (The Star)

Classita to be renamed NexG Bina, former IGP Razarudin appointed chairman (The Edge)

Y&G to acquire RM477 mil landbank from major shareholder's family (The Edge)

EPF ceases to be substantial shareholder in KIP REIT (The Edge)

Gold Li Holdings files draft prospectus for ACE Market listing to fund future projects (The Edge)

Travel agency Golden Destinations plans IPO on ACE Market (The Edge)

Monday, 11 Aug 2025 Entitlement Announcement

5:20PM MTEC First Interim Dividend
5:15PM TIENWAH Interim Dividend

[winston]

Market News on 13 AUG 2025

S&P 500, Nasdaq both notch record close as inflation report gives Fed green light to cut rates (CNBC)

Consumer prices rise 2.7% annually in July, less than expected amid tariff worries (CNBC)

Trump threatens Fed chair Powell with ‘major lawsuit,’ demands interest rate cut (CNBC)

Bessent Hints Fed Should Be Open to a Half-Point Rate Cut (Bloomberg)

US deficit grows to $291 billion in July despite tariff revenue surge (Reuters)

Rubber Production Up 5.9% In June, Glove Sector Export However Declines (Business Today)

FSBM teams up with Australia’s Monochrome to pursue Web 3.0, blockchain ventures (The Edge)

EPF pares stake in NationGate to below 5% less than a month after emerging as substantial shareholder (The Edge)

Raja Muda Kedah steps down as Thong Guan chairman (The Edge)

MGB clinches RM186 mil apartment construction job in Johor (The Edge)

Key ASIC secures 21 patents, with 19 more pending (The Malaysian Reserve)

Infomina eyes third growth pillar with new AI business segment (The Edge)

Mieco pegs K-One wood pellet supply at RM100m a year (The Malaysian Reserve)

Zetrix AI eyes selling chatbot to financial institutions, government bodies (The Edge)

Classita unit sues Koperasi Felcra for RM9 mil over Perak housing project (The Edge)

Tuesday, 12 Aug 2025 Entitlement Announcement

7:18PM ZETRIX Final Dividend (with Dividend Re-Investment Plan)
7:03PM UMSINT Second Interim Dividend
6:44PM CCIB Interim Dividend
5:15PM SUNREIT Income Distribution
5:11PM CARLSBG Second Interim Dividend
5:04PM MSC Interim Dividend

[winston]

Market News on 14 AUG 2025

Dow rallies 400 points for a second day, S&P 500 closes at another record high (CNBC)

Bessent Urges Fed to Lower Rates by 150 Basis Points or More (Bloomberg)

Fed cut seen near certain after inflation data, Bessent comments (Reuters)

Trump Signals He’ll Announce Fed Chair Pick ‘A Little Bit Early’ (Bloomberg)

Oil Falls as US Stockpile Build, IEA Report Cast Bearish Outlook (Bloomberg)

Fitch Sees Stable Outlook For Malaysia’s Top Banks Despite External Risks (Business Today)

Johor leads data centre investment, 42 projects worth RM164.45bil approved as of 2Q (The Star)

Malaysia raises Sept crude palm oil reference price, lifting duty to 10% (The Star)

Govt Says TNB’s Profit Margin Regulated At 7.3% Till 2027 (Business Today)

ES Sunlogy says Sarawak JV solar power plant project to cost RM488m (The Edge)

CEKD ventures into label printing via RM3 mil acquisition (The Edge)

Zetrix AI Clarifies On MyDigital ID And Blockchain Revenue Projections (Business Today)

Avangaad to book RM29 mil gain from FSO vessel sale (The Edge)

Yinson’s Agogo FPSO begins 15-year charter worth RM21 bil (The Edge)

Magma completes RM379mil capital reduction (The Star)

Wednesday, 13 Aug 2025 Entitlement Announcement

6:29PM CEKD Second Interim Dividend
5:26PM IBHD Final Dividend
5:12PM MRDIY Interim Dividend
5:08PM E&O-LC Coupon Payment
12:35PM PCHEM First Interim Dividend

[winston]

Market News on 15 AUG 2025

Wall Street ends flat, but S&P hits another closing high as rate-cut bets waver (Reuters)

US producer inflation heats up as goods, services prices soar (Reuters)

Fed Chair Powell to speak Aug 22 amid speculation on rate cuts, replacement (Reuters)

Foxconn sees robust AI demand as second-quarter profit tops forecast (Reuters)

Sime Darby Property seeks loan to build Malaysian data centre for Google (The Malaysian Reserve)

Chin Hin to focus on property development after hiving off commercial vehicle business for RM74 mil (The Edge)

Catcha Digital to buy 60% stake in trade show organiser (The Edge)

Aemulus acquires Chinese group's camera sensor testing business for RM19m (The Edge)

Hong Seng cites long gestation period, impairment in Classita stake sale (The Malaysian Reserve)

DFCity board members file legal action over disputed resolutions (The Malaysian Reserve)

JS Solar inks underwriting agreement with TA Securities for ACE Market IPO (The Edge)

Thursday, 14 Aug 2025 Entitlement Announcement

6:25PM 3A Second Interim Dividend
6:09PM SWIFT Interim Dividend
5:55PM LYSAGHT Interim Dividend
5:46PM JPG Interim Dividend
5:06PM KEYFIELD Second Interim Dividend

[winston]

Market News on 18 August 2025

Dow ends higher after UnitedHealth gains, other indexes slip on rate cut uncertainty (Reuters)

US retail sales rise in July; softening job market poses risk to spending (Reuters)

Fed Chair Powell to speak Aug 22 amid speculation on rate cuts, replacement (Reuters)

US Commerce Dept. widens products subject to steel, aluminum tariffs (Reuters)

Trump Says Semiconductor Tariffs Coming Soon, Could Reach 300% (Bloomberg)

China's July factory output, retail sales growth miss forecasts (Reuters)

Ireka Forms JV With Ukay Forest For RM50.9 Million Development Project (Business Today)

Zetrix AI Expands ASEAN-China AI Lab Network To Indonesia (Business Today)

LGMS recognised as a leading international cybersecurity provider by research firm Gartner (Business Today)

Dataprep Sells 60% Stake In Indonesian Subsidiary For IDR 24.2 Billion (Business Today)

IJM Corp Secures RM1.4 Billion Data Centre Contract In Johor(Business Today)

Genting Malaysia's Empire Resorts to dispose of non-gaming assets in New York for RM2.2bil in lease deal (The Star)

Kronologi Asia's unit concludes partnership with Quantum Corp (The Star)

Vantris Energy signs RM1.1b funding deal with Govt’s SPV (Malaysian Reserve)

SDS Group to acquire Mamee bakery factories, assets for RM28m (Malaysian Reserve)

BM GreenTech unit secures RM95m solar project contracts (Malaysian Reserve)

Lim Seong Hai Capital assures no disruption to KL Tower ops amid appeal by former operator (The Edge)

LAC Med Receives SC Approval for Main Market Listing (Business Today)

Friday, 15 Aug 2025 Entitlement Announcemen
6:59PM CBIP First Interim Dividend
5:23PM HEIM Interim Dividend
5:06PM MI First Interim Dividend

[winston]

Market News on 19 August 2025

Wall Street ends on muted note ahead of Jackson Hole summit, retailers' earnings (Reuters)

Trump Administration in Talks to Take 10% Stake in Intel (Bloomberg)

OpenAI’s Sam Altman sees AI bubble forming as industry spending surges (CNBC)

China to continue stimulating consumption, premier says (Reuters)

EPB Group Expands Into AI-Powered Healthcare With New Subsidiary (Business Today)

Chin Hin Group Seals Strategic Partnership To Drive AI-Powered Transformation (Business Today)

Agmo Holdings Aims Main Market Transfer (Business Today)

Malton Tops Out RM1 Billion River Park In Bangsar South, Eyes New Launch In Puchong (Business Today)

Salcon sells stake in PKSB to Asian Pac Holdings for RM42m (Malaysian Reserve)

Genting Plantations to form JV with China’s Shouguang group for 70-acre agri-hub in Johor (Malaysian Reserve)

Southern Score Builders’ unit wins RM19.3m subcontract from Sunway Construction (Malaysian Reserve)

Bursa raps PIE Industrial, directors fined RM150,000 for disclosure breaches (Malaysian Reserve)

Maxis, China Mobile launches virtual network CMLink with China Malaysia data-sharing feature (The Edge)

Insights Analytics Signs Underwriting Deal For ACE Market IPO (Business Today)


Monday, 18 Aug 2025 Entitlement Announcement
5:47PM OPENSYS Third Interim Dividend
5:36PM GMUTUAL First Interim Dividend
5:12PM LPI First Interim Dividend
1:14PM CDB Second Interim Dividend

[winston]

Market News on 20 August 2025

Nasdaq tumbles as Jackson Hole jitters hit tech stocks (Reuters)

Nvidia says it’s evaluating a ‘variety of products’ after report of new AI chip for China (CNBC)

Trump expands 50% steel and aluminum tariffs to include 407 additional product types (CNBC)

US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts (Reuters)

Trump claims Powell 'hurting' the housing industry in latest attack on Fed chair (Reuters)

Bessent says US tariff revenues to rise 'substantially,' focus on reducing debt (Reuters)

Malaysia's July exports jump 6.8% y/y, much stronger than market forecast (Reuters)

SunCon Says MACC Investigation On Employee And Not Company (Business Today)

EP Manufacturing, Blueshark Launch Local Assembly Of SoloEra Electric Motorcycles (Business Today)

Pestec trading halted on PN17 trigger (The Star)

PeterLabs sues Datuk Loh and Dagang News over alleged RM6.4m defamation (Malaysian Reserve)

SSF Home, Pura Vida terminate MoU on Haqqi Mall project (Malaysian Reserve)

Zetrix gets MOF nod for digital bank guarantee on blockchain (Malaysian Reserve)

AEON, AEON Credit form RM50m JV for unified membership ecosystem (Malaysian Reserve)

KNM proposes regularisation plan to exit PN17 status after nearly three years (The Edge)

Silver Ridge’s Cyberjaya data centre project falls through as PKNS unit exits JV (The Edge)

Tuesday, 19 Aug 2025 Entitlement Announcement
5:54PM SHANG Interim Dividend
5:27PM HPMT First Interim Dividend
5:26PM TEOSENG Second Interim Dividend
5:26PM FAREAST Interim Dividend

[winston]

Market News on 21 August 2025

US tech-stock stumble shows vulnerability in AI trade (Reuters)

Fed Minutes Show Majority of FOMC Saw Inflation as Greater Risk (Bloomberg)

Fed dissenters appeared alone in favoring rate cut at July meeting, minutes show (Reuters)

Exclusive: China considering yuan-backed stablecoins to boost global currency usage, sources say (Reuters)

Titijaya inks JV to develop mixed-use project in Cheras (Malaysian Reserve)

Straits Energy inks MOU to build smart shipyard with Horizon (Malaysian Reserve)

Lianson Fleet Group (LFG) to acquire cargo ship for RM56m (Malaysian Reserve)

SD Guthrie, Gamuda Form JV to Develop 1.2GW Solar Energy Assets (Malaysian Reserve)

KTI Landmark Seals Deal To Develop Sabah Cultural Complex Via Land Swap (Business Today)

Setia Partners Taiwan’s ALP To Develop RM4 Billion Smart Industrial Hub In Klang (Business Today)

Urusharta Jamaah emerges as substantial shareholder of Solarvest with 5.08% Stake (The Edge)

MN Holdings plans RM96m cash call to fund working capital (The Edge)

EUROSP gets unconditional mandatory takeover offer for (The Star)

AmBank targets loan growth in line with industry, aims FY26 net profit to exceed RM2bil (The Star)

Express Powerr Targets RM36 Million From ACE Market IPO (Business Today)

Wednesday, 20 Aug 2025 Entitlement Announcement
6:36PM DAY3 Interim Dividend
6:15PM PARAMON Interim Dividend
5:35PM GLOMAC Final Dividend
5:26PM TOPMIX First Interim Dividend
5:25PM AMWAY Interim Dividend
5:12PM PTRANS Third Interim Dividend
5:11PM TSA Interim Dividend
5:10PM AVALAND Special Dividend
5:07PM AHEALTH Interim Dividend
5:07PM AHEALTH Special Dividend

[winston]

Market News on 22 August 2025

Wall Street closes down as investors brace for Powell's speech (Reuters)

Rise in US jobless claims adds to signs of labor market softness (Reuters)

U.S. and EU spell out tariffs for autos, pharmaceuticals and more (CNBC)

Rubber Glove Exports Hit RM6 Billion Despite US Tariffs (Business Today)

22 Million Malaysians To Receive RM100 SARA Credit On National Day (Business Today)

Binastra Secures RM132 Million Earthwork Contract from Exsim (Business Today)

NCT Alliance To Acquire NCT World For RM490 Million (Business Today)

Citaglobal Bags RM168 Million JKR Contract (Business Today)

Press Metal sees resilient aluminium demand despite global challenges (The Star)

PN17 Ivory Properties faces suspension, de-listing after Bursa rejects extension request (The Edge)

Ivory Properties says CEO cooperating with authorities in MBI probe (Malaysian Reserve)

Willowglen wins RM14.3m Singapore contract (Malaysian Reserve)

REDtone plans one-for-two bonus issue of warrants (The Edge)

EPB in JVs to expand food processing machinery biz in Southeast Asia (The Edge)

Court allows Zetrix AI to start judicial review against Bursa's public reprimand (The Edge)

Enproserve secures maintenance job for Petronas Dagangan's aviation refuelling vehicles (The Edge)

Tenaga, YTL and Malakoff-linked firms among 20 plus bidders for Malaysia's first grid-scale battery projects — sources (The Edge)

Hextar Technologies cancels RM31m Nilai land sale to Widad; parties to reassess terms under new deal (The Edge)

Thursday, 21 Aug 2025 Entitlement Announcement
7:21PM REDTONE Interim Dividend
6:53PM OHM Final Dividend
6:40PM PA Interim Dividend
6:31PM COLFORM First Interim Dividend
6:16PM EMCC Interim Dividend
6:10PM DPHARMA First Interim Dividend
6:01PM SUNCON Second Interim Dividend
6:00PM HEKTAR Income Distribution
5:58PM UCHITEC First Interim Dividend
5:42PM PANTECH Special Dividend (with Dividend Re-Investment Plan)
5:37PM DANCO First Interim Dividend
5:30PM KGB Second Interim Dividend
5:27PM MAGNUM Second Interim Dividend
5:26PM YTL Interim Dividend
5:26PM DELEUM First Interim Dividend
5:13PM GASMSIA First Interim Dividend
5:13PM DAYANG First Interim Dividend
5:13PM MCEMENT Second Interim Dividend
5:10PM SIMEPROP First Interim Dividend
5:10PM YTLPOWR Second Interim Dividend
5:09PM PMETAL Second Interim Dividend
12:43PM BIPORT Second Interim Dividend
12:41PM MAXIS Second Interim Dividend
12:40PM MATRIX First Interim Dividend

[winston]

Market News on 25 AUG 2025

Dow surges more than 800 points to post record close as Powell speech fuels rally (CNBC)

Powell says Fed may need to cut rates, will proceed carefully (Reuters)

Fed's Powell says monetary policy framework back on more traditional footing (Reuters)

Trump says furniture tariffs are coming later this year (CNBC)

Housing Ministry To Incentivise Developers To “Build And Sell” (Business Today)

BYD to build first EV assembly plant in Malaysia at KLK TechPark (The Star)

IJM Signs Agreement With Govt For NPE Extension And New Toll Rates (Business Today)

ITMAX wins RM14m contract for Railway Assets Corp's CCTV upgrade (The Edge)

MBSB, DayOne form strategic collaboration to drive Johor's digital economy (The Edge)

Sime Darby Property rules out REIT listing for now (The Star)

I Bhd partners AgiBot to transform i-City into Malaysia’s first AI, robotics centre (The Edge)

CBH Engineering bags RM52.8m contract for data centre power infrastructure in Selangor (The Edge)

Hibiscus Petroleum signs deal with PetroVietnam on Block 46/13 production (The Star)

Censof wins RM12m Housing Ministry contract for one-stop centre licensing system (The Edge)

SWS Capital exits furniture business as Trump tariffs weigh on export sales (The Edge)

Omesti's unit bags RM5.53m MOE contract for desktop supply (The Edge)

Kim Hin chairman fails in bid to privatise company despite deadline extension (The Edge)

Eversendai says work on Saudi ski village to proceed amid talk of Asian Winter Games relocation (The Edge)

Friday, 22 Aug 2025 Entitlement Announcement

7:29PM ICAP Interim Dividend
7:09PM ZETRIX First Interim Dividend
6:15PM SPTOTO Fourth Interim Dividend
6:02PM RVIEW Interim Dividend
5:43PM PLINTAS Income Distribution
5:35PM MUIPROP Special Dividend
5:26PM MNRB Special Dividend
5:26PM MNRB Final Dividend
5:05PM APM Interim Dividend
1:13PM PEKAT Interim Dividend
12:42PM VELESTO Interim Dividend