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Economy

Malaysia-Thailand BEZ Development Proposal To Be Negotiated Bilaterally

KUALA LUMPUR, July 1 (Bernama) -- The proposal for the development of the Malaysia-Thailand Border Economic Zone (BEZ) will be negotiated bilaterally with Thailand before being implemented, said the Ministry of Economy.

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Market

Bursa Malaysia Gold Futures End Lower

KUALA LUMPUR, July 1 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Tuesday, tracking the weaker performance of the US COMEX gold market.

KLCI Futures Close Lower

KUALA LUMPUR, July 1 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives ended lower in line with the weaker performance of the cash market. 

Corporate

Bursa Malaysia Issues UMA Query To Skygate After Share Price Surge

KUALA LUMPUR, July 1 (Bernama) -- Bursa Malaysia has issued an unusual market activity (UMA) query to Skygate Solutions Bhd following a sharp rise in the company's share price.

Vertiv Expects Johor Plant To Reach Technical Capacity By 3Q 2027

JOHOR BAHRU, July 1 (Bernama) -- US-based digital infrastructure company Vertiv Group expects its Johor manufacturing facility to gradually ramp up production, with about 15 to 20 per cent of its production lines currently in operation.

Weststar, Rocket Technologies International Collaboration To Generate Over US$10 Bln Commercial Potential

CANBERRA, July 1 (Bernama) -- The strategic joint venture agreement (JVA) between Weststar Group and Australia's Rocket Technologies International Pty Ltd is expected to contribute significantly to bilateral trade and economic growth between Malaysia and Australia, with long-term commercial potential estimated at over US$10 billion (US$1 = RM4.08) through future aerospace, defence, satellite, and advanced technology programmes.