MAA Group Faces Going Concern Uncertainty Amid RM106.9 Mln Loss

KUALA LUMPUR, Oct 30 (Bernama) -- MAA Group Bhd’s external auditors, KPMG PLT, have issued an unqualified audit opinion on its financial statements for the financial year ended June 30, 2026 (FY2026), while highlighting a material uncertainty related to the group’s ability to continue as a going concern.

&Truth Launches With US$70 Mln, Sets Up Singapore HQ

KUALA LUMPUR, Oct 30 (Bernama) -- Start-up developing technology to mathematically prove that software code is safe, &Truth, has emerged from stealth with US$70 million in seed funding and set up its international headquarters in Singapore. (US$1 = RM4.05)

Bursa Malaysia's Key Index Ends Higher On Renewed Buying Interest

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia’s key index ended higher on Friday, supported by renewed buying in selected blue chip stocks, particularly financial services counters, amid mixed regional sentiment. 

Public Mutual Declares Over RM89 Mln Distributions For Four Funds

KUALA LUMPUR, Oct 30 (Bernama) -- Public Mutual Bhd has declared distributions amounting to more than RM89 million for four funds as at Oct 31, 2026.

Penang Tech Financial Centre To Capitalise On Geopolitical Shifts, AI Supercycle – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The establishment of the Penang Technology Financial Centre (PTFC) positions the state strategically to capitalise on global geopolitical shifts and the artificial intelligence (AI) supercycle, further accelerating growth in the semiconductor and electrical and electronics sectors.

Bursa Malaysia Slips After Higher Opening

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia slipped into negative territory on Friday after opening slightly higher, tracking weaker overnight sentiment on Wall Street amid disappointing technology earnings.

Govt Plans To Reform Development Expenditure Allocation Based On States’ Needs

KUALA LUMPUR, Oct 30 (Bernama) -- The government plans to reform federal development expenditure by moving away from a historical spending-based approach towards a model that prioritises equity and efficiency to narrow regional productivity gaps.

Penang Seeks Simpler Import Procedures For Specialised Lab Equipment

BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.

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.

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. 

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).

Parkland Gets SC Nod For Main Market Listing

KUALA LUMPUR, Oct 29 (Bernama) -- Property developer Parkland Bhd has received the Securities Commission Malaysia’s (SC) nod for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia Securities Bhd.