Chow: Penang Sees Positive Investment Prospects From US Mission

GEORGE TOWN, Oct 6 (Bernama) -- Penang has identified positive investment prospects in the United States (US), particularly in sectors driven by the rapid expansion of artificial intelligence (AI) technology and data centres, said Chief Minister Chow Kon Yeow.

CPO Futures End Lower In Line With Weak Regional Vegetable Oil Markets

By Abdul Hamid A Rahman

KUALA LUMPUR, Sept 29 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower today, tracking weak regional vegetable oil markets, including the Dalian Commodity Exchange.

A​​​​yer Holdings Unit Proposes To Acquire Two Land Parcels In Kuala Lumpur For RM138 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Ayer Holdings Bhd’s wholly owned subsidiary Kuchai Urban Development Sdn Bhd planned to acquire two parcels of land located along Jalan Kuchai Lama, Kuchai Lama from Bukit Cemerlang Sdn Bhd for RM138 million.

Poh Kong FY2026 Net Profit Jumps 60 Pct To RM193.37 Mln

KUALA LUMPUR, Sept 28 (Bernama) -- Poh Kong Holdings Bhd’s net profit rose 59.7 per cent to RM193.37 million for the financial year ended July 31, 2026 (FY2026), from RM121.10 million a year earlier.

RedPlanet Aims To Raise RM13.3 Mln Via IPO For ACE Market Transfer

KUALA LUMPUR, Sept 28 (Bernama) — RedPlanet Bhd aims to raise RM13.3 million through an initial public offering (IPO) ahead of its listing transfer to the ACE Market from the LEAP Market of Bursa Malaysia on Oct 22.

MIDA-OCBC Malaysia Partnership To Attract High-value Investments, Strengthen Local Businesses

KUALA LUMPUR, Sept 28 (Bernama) -- The Malaysian Investment Development Authority (MIDA), OCBC Bank (Malaysia) Bhd and its Islamic banking subsidiary OCBC Al-Amin Bank Bhd have signed a memorandum of understanding (MOU) to attract sustainable, high-value investments from ASEAN, China, South Korea and Taiwan, while supporting the development of local business ecosystems.

Bursa Malaysia Flat At Midday Amid Cautious Trading, Mild Selling

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 28 (Bernama) -- Bursa Malaysia was flat at midday amid mild selling pressure as investors remained cautious, weighing prospects for United States (US)-Iran diplomatic talks against elevated oil prices and bond yields, alongside a hawkish US Federal Reserve, an analyst said.

EcoWorld Shares Up After 3Q Net Profit Rises To RM112.16 Mln

KUALA LUMPUR, Sept 25 (Bernama) -- Eco World Development Group Bhd’s shares rose in early trade on Friday after the property developer posted a higher net profit of RM112.16 million on revenue of RM971.53 million for the third quarter ended July 31, 2026 (3Q 2026).

Bursa Malaysia Opens Higher On Bargain Hunting Amid Elevated US Yields, Oil Prices

KUALA LUMPUR, Sept 25 (Bernama) -- Bursa Malaysia opened higher on Friday as bargain hunting continued following recent losses, despite elevated US Treasury yields and oil prices.

EGH International Launches IPO Prospectus EN Route To ACE Market Listing

KUALA LUMPUR, Sept 24 (Bernama) -- Interior fit-out services firm EGH International Bhd (EGHI) has launched its prospectus in conjunction with its initial public offering (IPO) and planned listing on the ACE Market of Bursa Malaysia on Oct 16, 2026.

SLGC IPO Oversubscribed 3.1 Times Ahead Of ACE Market Listing

KUALA LUMPUR, Sept 24 (Bernama) -- SLGC Bhd’s initial public offering (IPO) has been oversubscribed by 3.1 times, ahead of its listing on the ACE Market of Bursa Malaysia Securities.

Extensive Rail Networks, Higher Renewable Capacity Can Cushion Malaysia Against Oil Shocks -- Tengku Muhammad Fa-iz Petra

KUALA LUMPUR, Sept 24 (Bernama) -- Building comprehensive rail networks and increasing utility-scale renewable capacity could be a long-term solution to reduce Malaysia’s exposure to external energy shocks, according to Dr Tengku Muhammad Fa-Iz Petra ibni Almarhum Sultan Ismail Petra.