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

[winston]

Market News on 26 AUG 2025

Wall Street ends down as traders focus on Nvidia, Fed after last week's rally (Reuters)

Trump says China has to give US magnets or face 200% tariff (Reuters)

Oil prices rise as Russia-Ukraine peace talks drag on (Reuters)

Petronas-backed Gentari partners Gamuda on 1.5GW solar project for Malaysian data centres (The Edge)

Gamuda-Naim Holdings JV bags RM1.1b Northern Coastal Highway job in Sarawak (The Edge)

Pestec settles RM17.5m lawsuit with former CEO and deputy chairman (The Malaysian Reserve)

Magma Group says chairman Lee Hock Seng assisting with MBI investigations (The Edge)

Haily secures RM50m subcontract for Johor housing project (The Edge)

FGV will be delisted from Bursa Malaysia on Aug 28 (The Edge)

Xin Synergy (XIN) Lodges Police Report On Former Directors Over Loan Irregularities (Business Today)

Cheeding Inks Underwriting Agreement For ACE Market IPO (Business Today)

PMW International gets Bursa's nod to list on ACE Market (Bernama)

Monday, 25 Aug 2025 Entitlement Announcement

7:19PM SCGBHD Interim Dividend
7:01PM SORENTO Interim Dividend
7:00PM MEGAFB Final Dividend
6:31PM DOMINAN First Interim Dividend
6:31PM GDB Second Interim Dividend
6:05PM PECCA Fourth Interim Dividend
5:58PM DSS Interim Dividend
5:58PM PPJACK Second Interim Dividend
5:58PM FRONTKN Interim Dividend
5:57PM KERJAYA Second Interim Dividend
5:57PM INTA First Interim Dividend
5:57PM CARLORINO Interim Dividend
5:56PM MFLOUR First Interim Dividend
5:18PM LBALUM First and Final Dividend
5:12PM LWSABAH Interim Dividend
5:06PM DYNAFNT Interim Dividend
1:16PM PETGAS Second Interim Dividend
12:52PM HEXTAR First Interim Dividend
12:44PM MISC Interim Dividend
12:44PM FM Third Interim Dividend
12:33PM PETDAG Interim Dividend

[winston]

Market News on 27 AUG 2025

S&P 500 ends higher after Trump attacks Fed; Nvidia climbs (Reuters)

Nasdaq short interest rose 2.02% in mid August from late July (Reuters)

Trump threatens more tariffs for countries with digital taxes (Reuters)

Oil falls more than 2% driven by Russian supply risks (Reuters)

MKHOP acquires Indonesian greenfield estate PT Tunas Tani for RM9.1mil (The Star)

TH Plantations sacks CEO over alleged RM5m unauthorised payment (The Malaysian Reserve)

Minox clinches sole distributorship deal with China’s KingLai for Southeast Asia (The Malaysian Reserve)

IOI Properties confirms REIT plan as it declares higher dividend on stronger underlying profit (The Edge)

Innature acquires The Body Shop Singapore for RM10.4mil (The Star)

West River (WESTRVR) wins RM16.66mil apartment job (The Star)

Kerjaya Prospek eyes land acquisitions to expand property pipeline (The Edge)

Jati Tinggi's unit secures RM47 mil sub-contract for underground cables works (The Edge)

Catcha Digital says renegotiating its RM22.95 mil DS Services deal due to market changes (The Edge)

OCK plans to list 52%-owned power unit on ACE Market (The Edge)

Tuesday, 26 Aug 2025 Entitlement Announcement

6:40PM TMCLIFE Final Dividend
6:28PM AGRICOR First Interim Dividend
6:18PM ALAQAR Income Distribution
6:18PM ALSREIT Income Distribution
6:17PM IOIPG Interim Dividend
6:01PM SENFONG Fourth Interim Dividend
5:56PM MBSB First Interim Dividend
5:56PM BESHOM Special Dividend
5:55PM BESHOM Final Dividend
5:23PM CAPITALA-LA Profit Payment
5:20PM OKA Final Dividend
5:17PM KOTRA Second Interim Dividend
5:11PM ADB Interim Dividend
5:11PM TAANN Second Interim Dividend
12:44PM PBBANK First Interim Dividend

[winston]

Market News on 28 AUG 2025

S&P 500 notches record close; traders turn to Nvidia results (Reuters)

Nvidia Forecast Shows Decelerating Growth After Two-Year Boom (Bloomberg)

China aims to triple AI chip output, reducing Nvidia's dependency, FT says (Reuters)

Oil edges up on US crude stocks drop, impact of US tariffs on India (Reuters)

Moody's lifts CPO range to RM3,800-RM4,200 per tonne on stronger demand (The Star)

Willowglen MSC wins RM86.5m contract from Singapore’s Land Transport Authority (The Edge)

Gas Malaysia-Tokyo Gas JV inks 15-year supply deal with FGV subsidiary (The Edge)

IJM says NPE toll restructuring to save govt RM191m, works on extension to begin in 4Q (The Edge)

SD Guthrie plans industrial park in Malaysia’s data center hub (The Malaysian Reserve)

Censof, Decago form JV to drive public sector digitalisation (The Malaysian Reserve)

HE Group unit bags RM56.7mil data centre electrical services contract in Cyberjaya (The Star)

MPay secures Mastercard RM38mil deal (The Star)

Wednesday, 27 Aug 2025 Entitlement Announcement

6:44PM SCICOM Fourth Interim Dividend
6:43PM LAGENDA Interim Dividend
6:39PM KJTS Interim Dividend
6:11PM PPB Interim Dividend
6:07PM TALIWRK Second Interim Dividend
6:06PM NHFATT Second Interim Dividend
6:05PM MALAKOF Interim Dividend
5:56PM WELLCAL Third Interim Dividend
5:55PM LSH Interim Dividend
5:52PM OFI Interim Dividend
5:39PM KARYON Interim Dividend
5:34PM CHINWEL Interim Dividend
5:34PM RGB Second Interim Dividend
5:29PM KLCC Income Distribution
5:29PM KLCC Second Interim Dividend
5:20PM CIHLDG Final Dividend
5:20PM HARBOUR Final Dividend
5:20PM NATGATE Interim Dividend
5:13PM MAYBANK First Interim Dividend
5:10PM PADINI First Interim Dividend
5:09PM MEDIA First and Final Dividend
5:03PM GENP Interim Dividend
5:01PM HSPLANT First Interim Dividend
1:24PM HUPSENG First Interim Dividend
1:05PM SIME Second Interim Dividend
8:35AM INNO Second Interim Dividend

[winston]

Market News on 29 AUG 2025

S&P 500, Dow score record high closes as Nvidia results buttress AI rally (Reuters)

US second-quarter GDP revised higher as businesses boost investment in AI (Reuters)

Nvidia CEO says AI boom far from over after tepid sales forecast (Reuters)

Tesla sales plunge 40% in Europe as Chinese EV rival BYD’s triple (CNBC)

Malaysia aims to be in top 20 AI economies by 2030 — Chang (Bernama)

Johor data centres operating capacity can reach up to 5,000MW in 2029 - Fitch Ratings (The Star)

IJM eyes RM8b new jobs in FY2026, to prioritise growth over higher dividends (The Edge)

IJM CEO confirms bid for PNB’s highway assets (The Edge)

Sunview Clarifies Ruling In RM1.67 Million Dispute With TSS Cemerlang (Business Today)

HSS Engineers Awards RM290 Million Solar Project Contract To Samaiden (Business Today)

Axiata flags delay in monetisation exercise to help pare down debts (The Edge)

Gas Malaysia Energy Advance seals 15-year energy supply agreement with FGV IFFCO (The Malaysian Reserve)

Genting sees positive global tourism outlook despite uncertainties (The Star)

Pestec secures Bursa waiver from being classified as PN17 company (The Edge)

UEM Edgenta in talks with govt to revive medical equipment replacement programme (The Edge)

Inta Bina secures RM68 mil residential construction job in Cyberjaya (The Edge)

Lysaght bags RM57m contract from Singaporean traffic engineering contractor (The Edge)

QL Resources raises egg prices to protect margins after removal of govt subsidy (The Edge)

RedPlanet eyes transfer to ACE Market to boost growth, liquidity (The Edge)

M&E engineering services provider Kee Ming plans ACE Market IPO to fund expansion (The Edge)

JS Solar starts accepting applications for ACE Market IPO at 31 sen per share (The Edge)

IT firm OGX Group files draft prospectus for ACE Market listing (The Edge)

Thursday, 28 Aug 2025 Entitlement Announcement

6:48PM INARI Fourth Interim Dividend
6:26PM KAWAN Interim Dividend
6:25PM KAREX Interim Dividend
5:47PM TPC First Interim Dividend
5:47PM RHBBANK First Interim Dividend
5:46PM PWROOT Interim Dividend
5:46PM KSENG Interim Dividend
5:42PM WASCO Interim Dividend
5:34PM RPLANET Interim Dividend
5:30PM KITACON First Interim Dividend
5:29PM IOICORP Second Interim Dividend
5:27PM MBMR Special Dividend
5:27PM MBMR First Interim Dividend
5:26PM EG Interim Dividend
5:26PM DYNAMIC Interim Dividend
5:11PM HAILY First Interim Dividend
5:10PM OCK Interim Dividend
5:10PM ABLEGLOB Second Interim Dividend
5:09PM KPJ Interim Dividend
5:02PM JTIASA Second Interim Dividend
12:52PM KUB First and Final Dividend
12:51PM OSK Interim Dividend
12:37PM SKBSHUT Second Interim Dividend
9:00AM SUNWAY-PA Others

[winston]

Market News on 2 September 2025

Stock futures are little changed after S&P 500′s record high, inflation data looms (CNBC)

Core inflation rose to 2.9% in July, highest since February (CNBC)

Most Trump tariffs are not legal, US appeals court rules (Reuters)

Dollar hits lowest since end-July ahead of US jobs data (Reuters)

China manufacturing activity shrinks for fifth straight month in August (Reuters)

BYD shares fall nearly 8% as second-quarter profit slumps 30% on China EV price war (CNBC)

Rianlon Corp to invest RM820mil to develop R&D centre in Johor (The Star)

Steel Hawk Enters Power Business, Secures RM92 Million TNB Job (Business Today)

Econpile Secures RM23 Million Piling And Substructure Contract From Matrix (Business Today)

Keyfield To Acquire Offshore Workboat From Carimin For RM76 Million (Business Today)

NexG Secures RM1.73 Billion Contract To Supply Next-Gen Malaysian Passports (Business Today)

Gamuda Secures RM2.14 Billion Hyperscale Data Centre Project In Selangor (Business Today)

Sunway to list healthcare arm by early 2026, special dividend planned (Malaysian Reserve)

FBG Holdings ups stake in Australian JV Beulah Northcote Land with RM1m subscription (Malaysian Reserve)

Chin Hin Group Property (CHGP) buys 55% stake in Nilai developer from Chiau family's firm (The Edge)

Lagenda Properties ceases to be substantial shareholder in Northern Solar (The Edge)

Symphony Life assures no issues flagged to shareholders as CFO, external auditor resign (The Edge)

Camaroe To Raise RM13.86 Million Via ACE Market IPO For Business Expansion (Business Today)

Friday, 29 Aug 2025 Entitlement Announcement
6:44PM SOP First Interim Dividend
6:16PM LFG Second Interim Dividend
6:15PM ATECH Second Interim Dividend
5:45PM KEINHIN First and Final Dividend
5:26PM IHH Interim Dividend
5:22PM TM Interim Dividend
5:21PM CENGILD Interim Dividend
5:11PM PCCS Interim Dividend
5:07PM NOVA Interim Dividend
5:06PM HIBISCS Interim Dividend
12:48PM CIMB First Interim Dividend

[winston]

Market News on 3 September 2025

Dow closes down about 250 points to kick off September on tariff worries, rising bond yields (CNBC)

US manufacturing contracts for sixth straight month amid tariff drag (Reuters)

US court ruling on Trump's tariffs fuels market uncertainty (Reuters)

US revokes TSMC's fast-track China export status as controls tighten (Reuters)

Euro zone inflation rises to hotter-than-expected 2.1% in August (CNBC)

Malaysia manufacturing PMI edges up to 49.9, highest since June 2024 as demand improves (The Star)

Energy Ministry Approves Largest Floating Solar Plant And 13 New LSS Projects (Business Today)

Outflow From Foreign Investors Surges To RM1.4 Billion (Business Today)

Northern Solar Inks RM20.5 Million Deal For Ground-Mounted SELCO With BESS Project (Business Today)

ITMax Appointed Parking System Operator For Selayang Municipality (Business Today)

Kelington (KGB) Secures Framework Agreement Worth RM247 Million For Semiconductor Project In Germany (Business Today)

Lebtech wins RM46mil development job (The Star)

HARTA Chairman : Lower US tariffs support domestic glove sector (TheStar)

Oppstar to develop next-gen AI chips with Taiwanese tech group (The Edge)

APB Resources appoints new CEO after management-led acquisition (The Edge)

Alam Maritim regularisation plan sees Maybank Islamic emerging as substantial shareholder (The Edge)

OSK Holdings to acquire Rawang land, eyeing potential development worth RM1.26 bil (The Edge)

Southern Score Builders’ 51%-owned unit bags RM102.7m construction subcontract (The Edge)

Tuesday, 2 Sep 2025 Entitlement Announcement
6:19PM YENHER Interim Dividend
5:19PM KPPROP Rights Issue
5:18PM KPPROP Rights Issue

[winston]

Market News on 4 September 2025

S&P 500, Nasdaq close higher, lifted by Alphabet rally, but economic concerns limit gain (CNBC)

US labor market softening as job openings hit 10-month low, hiring remains tepid (Reuters)

Global bond sell-off reflects unease over budgets and central banks (CNBC)

Trump’s Attack on the Fed Fires Up Gold Bulls Betting on Crisis (Bloomberg)

OPEC+ Weighs Further Oil Production Increase Amid Market Share Push (Business Today)

Malaysia’s Upstream Oil And Gas Sector Sees Early Signs Of Recovery In Q2 (Business Today)

Sunview-Cypark Consortium Wins Bid For 99.99MV Solar Project In PD (Business Today)

Cape EMS Ties Agreement To Assemble BESS In Malaysia (Business Today)

DNeX Gets 1 Year Contract Extension From Govt For Trade Platform (Business Today)

Inta Bina Bags RM212 Million SDP Contract For KL Condo Project (Business Today)

Malakoff Wins Bid For 470MW Solar Plant In Perak (Business Today)

KJTS plans special issue to Bumiputera investors to meet equity condition before year end (The Edge)

PPB could face RM600m worst-case hit from Wilmar case in Indonesia end (The Edge)

Wednesday, 3 Sep 2025 Entitlement Announcement
5:38PM MAGNI Interim Dividend
5:19PM SPSETIA-PC Others
5:18PM SPSETIA-PA Others

[winston]

Market News on 1 October 2025

Dow closes at record high, S&P 500 logs winning month, as investors shake off government shutdown (CNBC)

US government shutdown would halt September jobs report, other data (Reuters)

US consumer confidence weakens in September on labor market worries (Reuters)

China factory activity shrinks again as firms watch for stimulus, US trade deal (Reuters)

VS Industry Posts Q4 Loss Of RM33 Million, Impacted By Philippine Ops (Business Today)

KIP REIT Sets Issue Price Of RM0.85 In Second Placement Tranche (Business Today)

Epicon ventures into property with RM72m Batang Kali JV with NCT (Malaysian Reserve)

Key ASIC inks RM1m deal to co-develop AI-powered navigation chip with Middle East partner (Malaysian Reserve)

Systech to book one-off RM2m loss from cyber security unit disposal (Malaysian Reserve)

Boardroom battle deepens at Greenyield as shareholders push for sweeping board changes (Malaysian Reserve)

Mitrajaya’s KL data centre contract value more than doubles to RM801.8mil (The Star)

Consortium launches unconditional takeover offer for Vestland at 34 sen a share (The Star)

Tex Cycle completes acquisition of 60% stake in Safety & Environmental Laboratory (The Star)

Tuesday, 30 Sep 2025 Entitlement Announcement
5:32PM OMESTI-PB Full Call/Early Redemption

[winston]

Market News on 2 October 2025

Wall Street closes higher, boosted by healthcare as investors shrug off jobs data, US shutdown (Reuters)

Government shutdown live updates: Stalemate to last at least three days (CNBC)

Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout (CNBC)

Fitch says US shutdown unlikely to affect sovereign ratings; S&P sees marginal GDP hit (Reuters)

Gold hits fresh all-time high as U.S. government shutdown dents risk appetite (CNBC)

Malaysia’s September Manufacturing PMI Slips To 49.8 Amid Slower Output (Business Today)

Unitrade hails Malaysia Steel Industry Roadmap 2035, strengthens recycling push (Business Today)

Epicon Receives RM26 Million Letter Of Demand From Tan Chong Subsidiary (Business Today)

Citaglobal eyes 200MW solar project in Kyrgyzstan after land identified (Malaysian Reserve)

Mayu clarifies MACC probe on subsidiary, says allegations remain unclear (Malaysian Reserve)

Gadang-JS Solar secure RM52m solar EPCC contract in Sabah (Malaysian Reserve)

3REN signs MoU with Wawasan Open University to develop talent pipeline (Malaysian Reserve)

Lianson Fleet sells accommodation workboat for RM93m (Malaysian Reserve)

Betamek inks MoU with China’s Yibang to set up EV charging tech facility in Malaysia (Malaysian Reserve)

Censof wins RM2.78mil contract from Malaysian Rubber Board (The Star)

Meridian faces trading suspension from Oct 8 over delayed annual report (The Star)

Tanco partners China’s CCECC to explore transport infrastructure projects in Malaysia (The Edge)

Eurospan takeover closes with new controlling shareholder's stake rising to 84% (The Edge)

Creador-backed Custom Food files draft prospectus for Main Market IPO (The Edge)

[winston]

Market News on 6 OCT 2025

Dow, S&P 500 manage record closing highs; Nasdaq falls in volatile session (Reuters)

Oil Rises in Relief Rally as OPEC+ Agrees Modest Production Hike (Bloomberg)

Khazanah says not in talks with China over rare earths project (Bloomberg)

IHH finally gets regulatory nod to proceed with Fortis Deal, ending seven-year hold-up (The Edge)

Naza Group's Sheikh Mohd Nasarudin emerges as substantial shareholder in Metro Healthcare (METRO) (The Edge)

SC Estate Builder: Fortune Frontline now second-largest shareholder with 18.8% stake after placement (The Edge)

Maxis secures 4G spectrum for RM400m from MCMC (The Edge)

Malakoff Unit Signs 30 Year PPA For 100 MV Solar Plant In Bintulu (Business Today)

NexG secures RM732.7m next-generation MyKad supply contract from Home Ministry (The Edge)

Sapura Industrial, SHedrive inks MOU to localise EDS components, assembly (The Star)

Solarvest, Press Metal to build RM380m solar plant in Mukah, Sarawak (The Edge)

Malaysian Flour Mills, Dinding Granted Stay Order In Competition Case (Business Today)

Plytec shelves Main Market listing transfer, cites timing and financial considerations (The Edge)

KNM's regularisation plan rejected, faces potential delisting (The Star)

Friday, 3 Oct 2025 Entitlement Announcement

5:58PM ORIENT Interim Dividend