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REHDA Malaysia Elects Zaini Yusoff As New President For 2026-2028 Term

KUALA LUMPUR, June 29 (Bernama) -- Real Estate and Housing Developers' Association (REHDA) Malaysia has elected Datuk Zaini Yusoff as its new president for the 2026-2028 term, succeeding Datuk Ir Ho Hon Sang following the association's annual delegates conference on June 27, 2026.

REDtone Subscribes To RM13 Mln Berjaya Corporation Unit's MTNs

KUALA LUMPUR, June 29 (Bernama) -- REDtone Digital Bhd has subscribed to RM13 million worth of medium-term notes (MTNs) issued by Berjaya Corporation Bhd's subsidiary, Berjaya IPS Equity Sdn Bhd.

BProperty Eyes Stake In Perlis Maritime Corridor Project Via RM58 Mln Share Subscription

KUALA LUMPUR, June 29 (Bernama) -- Berjaya Property Bhd (BProperty) seeks to participate in the Perlis Maritime Corridor (PMC) project by subscribing to 29 per cent equity interest in Manjaran Sdn Bhd for RM58 million.

Ringgit Strengthens Against Major, Regional Currencies At The Close

By Abdul Hamid A Rahman

KUALA LUMPUR, June 29 (Bernama) -- The ringgit strengthened against major and regional currencies, supported by lower crude oil prices, which helped improve risk sentiment amid ongoing United States-Iran peace negotiations.

SC Issues Guidance Note On Sukuk To Strengthen Alignment With Maqasid Al-Shariah

KUALA LUMPUR, June 29 (Bernama) -- The Securities Commission Malaysia (SC) today issued the Guidance Note on Sukuk: An Alignment with the Maqasid Al-Shariah Guidance Islamic Capital Market Malaysia to strengthen the alignment of sukuk issuances with Maqasid al-Shariah.

Kaspersky, Digital Penang Collaborate To Boost Cybersecurity Readiness Among MSMEs

GEORGE TOWN, June 29 (Bernama) -- Global cybersecurity and digital privacy company Kaspersky and Digital Penang have entered into a strategic collaboration to strengthen digital trust among micro, small and medium enterprises (MSMEs) in Penang, supporting the state’s efforts to build a trusted and resilient digital economy.

Bursa Malaysia Pares Earlier Losses To End Slightly Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

Johor Polls To Have Limited Impact On Property Market: Juwai IQI

KUALA LUMPUR, June 29 (Bernama) --  The Johor election, expected to be held on July 11, 2026, is unlikely to affect the state's property market, although home sales may temporarily slow in the weeks leading up to polling day, according to international real estate technology group Juwai IQI.

ACE Market-Bound SRKK AI's IPO Oversubscribed By 312.3 Times

KUALA LUMPUR, June 29 (Bernama) -- The retail tranche of SRKK AI Bhd's initial public offering (IPO) was oversubscribed by 312.3 times ahead of the company's listing on the ACE Market of Bursa Malaysia on July 9, 2026.

SEDC Energy Ready For Nationwide BUDI Diesel Rollout

KUCHING, June 29 (Bernama) -- The nationwide implementation of the BUDI MADANI Diesel (BUDI Diesel) subsidy programme, which begins on July 1, is seen as an important step towards strengthening the targeted subsidy mechanism and reducing leakages.

EPIC Targets RM700 Mln Revenue, RM1 Bln NAV By 2030

By Siti Radziah Hamzah

KUALA LUMPUR, June 29 (Bernama) -- Eastern Pacific Industrial Corp Bhd (EPIC) is targeting annual revenue of RM700 million and net asset value (NAV) of RM1 billion by 2030 under its EPIC Strategic Business Plan 2025-2030 (EPIC BEST 2530), supported by expansion in its oil and gas (O&G), port management and renewable energy businesses.

Fully Liberalised Gas Market Needed To Boost Competition, Investment-- MGA President

By Harizah Hanim Mohamed

KUALA LUMPUR, June 29 (Bernama) -- A fully liberalised gas market based on a willing seller-willing buyer principle, coupled with the removal of the gas price cap, is needed to attract more international players and spur a more competitive industry, said Malaysia Gas Association (MGA) president Abdul Aziz Othman.