CPO Futures Close Higher On Firmer Soybean Oil Prices

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 13 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher on Tuesday, supported by firmer soybean oil on the Chicago Board of Trade (CBOT).

Lianson Fleet Unit Acquires Bulk Carrier For RM93.9 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- Lianson Fleet Group Bhd’s (LFG) wholly owned subsidiary, LFG Cengal Ltd, has acquired a bulk carrier, named LFG Cengal, for a total cash consideration of US$23 million (RM93.9 million) from an unrelated third party.

KLCI Futures End Higher, Tracking Underlying Cash Market

KUALA LUMPUR, Oct 13 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Tuesday, tracking the underlying cash market’s performance.

23rd China-ASEAN Expo Attracts 3,432 Enterprises From 73 Countries

KUALA LUMPUR, Oct 13 (Bernama) -- The five-day 23rd China-ASEAN Expo (CAEXPO) concluded in Nanning, Guangxi Zhuang Autonomous Region, attracting 3,432 enterprises from 73 countries and regions to an exhibition spanning 170,000 square metres.

Bumiputera Companies Must Evolve From Suppliers To Technology Owners, Industry Leaders – Mohd Shahar

KUALA LUMPUR, Oct 13 (Bernama) -- Bumiputera companies need to evolve from suppliers to strategic partners, technology owners and industry leaders.

Labuan Chamber Seeks Targeted Tax Relief, Clearer Policies After Budget 2027

By Jailani Hasan

LABUAN, Oct 13 (Bernama) -- The Labuan Chamber of Commerce has called for targeted tax relief and clearer policies to address the island’s business challenges following the announcement of Budget 2027, particularly those affecting local producers and small and medium enterprises (SMEs).

HIS TIZA To Buy 30 Pct Stake In Mentiga For RM21 Mln

KUALA LUMPUR, Oct 13 (Bernama) -- HIS TIZA Pahang Sdn Bhd (HTP) is acquiring a 30 per cent stake in Pahang-based plantation group Mentiga Corporation Bhd for RM21 million in cash from its largest shareholder, Amanah Saham Pahang Bhd (ASPA).

RedPlanet’s IPO Public Portion Oversubscribed 85.28 Times

KUALA LUMPUR, Oct 13 (Bernama) -- The Malaysian public portion of RedPlanet Bhd’s initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

Toshiba Launches Four eFuse ICs For Low-Voltage Power Protection

KUALA LUMPUR, Oct 13 (Bernama) -- Toshiba Electronic Devices & Storage Corporation (Toshiba), a supplier of advanced semiconductor and storage solutions, has launched four electronic fuses (eFuse ICs) under its TCKE5 Series, integrating multiple functions to protect power supply lines.

Investment Education, Awareness Key To Preventing Scams – Bursa Malaysia CEO

ALOR SETAR, Oct 13 (Bernama) -- Financial literacy and investment awareness need to be strengthened to ensure that Malaysians are capable of making sound financial decisions and avoid becoming victims of increasingly sophisticated online investment scams.

NovaAir Targets Above 90 Pct Capacity Utilisation At KL Plant Within Two Years

KUALA LUMPUR, Oct 13 (Bernama) -- Yingde Gases Group Co Ltd's unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years. 

J&T Express, Asia Aero Network Extend Air Cargo Partnership To 2030

KUALA LUMPUR, Oct 13 (Bernama) -- J&T Express Malaysia and Asia Aero Network have extended their air cargo charter partnership until 2030 under an agreement signed today.