Economy
Rural Roads Programme Financing Prioritised, Allocation For 2026 Rises To RM3.1 Bln – Amir Hamzah
KUALA LUMPUR, Oct 29 (Bernama) – The government is prioritising the Rural Roads Programme (JALB) project financing with the total allocation for 2026 rising to RM3.1 billion from the original allocation of RM2.11 billion, according to the Finance Ministry (MoF).
Market
Bursa Malaysia Snaps 2-Day Winning Streak to Close Lower
KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia snapped a two-day winning streak to close lower on Thursday, in line with regional markets, as continued selling pressure in blue chip stocks weighed on market sentiment.
Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates
By Engku Shariful Azni Engku Ab Latif
Bursa Malaysia Key Index Firmer At Midday, Tracking Regional Gains
KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia’s key index traded firmer at midday in line with regional gains amid ongoing external and domestic headwinds.
Corporate
TSH Resources Finds No Business Links To 10 Indonesian Firms Named By Singapore NEA
KUALA LUMPUR, Oct 29 (Bernama) -- TSH Resources Bhd said its review of records to date has not identified any business relationship with any of the 10 companies named by Singapore’s National Environment Agency (NEA) regarding forest and peatland fires in Indonesia.
SD Guthrie To Sell Bukit Kerayong Land For RM933.57 Mln, Forms JV With Bumi Assets, YTL Power
KUALA LUMPUR, Oct 29 (Bernama) -- SD Guthrie Bhd will sell 657.09 hectares of land in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million and partner with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop the site into an industrial park.
JF Tech Proposes Bonus Issue Of Up To 388.01 Mln Free Warrants
KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.