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Malaysia's Onshore FX Market Remains Healthy, Daily Turnover Rises To US$21.3 Bln -- BNM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia’s onshore foreign exchange (FX) market remains healthy, with the average daily FX turnover rising to US$21.3 billion as of June this year, as compared with US$19.8 billion in 2025, according to Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

UWC Among Top Gainers, Analysts Lift Target Prices On Robust Semiconductor Demand

KUALA LUMPUR, June 24 (Bernama) -- UWC Bhd was among the top gainers on Bursa Malaysia today, up by more than four per cent in early trade after its third-quarter financial year 2026 (3Q FY2026) results came in line with expectations.

Malton Shares Up 30 Pct On AI Centre Partnership Proposal

KUALA LUMPUR, June 24 (Bernama) -- Shares of Malton Bhd rose almost 30 per cent in early trade today after it announced plans to collaborate with a United States-based NVIDIA cloud partner to establish artificial intelligence (AI) compute centres in Malaysia.

Bursa Malaysia Opens Higher On Bargain Hunting

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened higher on Wednesday, rebounding from yesterday's losses as bargain hunting in selected blue-chip stocks lifted sentiment, an analyst said.

Malaysia Open To Boost Strategic Tie-Up With UAE In High-Potential Economic Sectors Including Petroleum - MITI

KUALA LUMPUR, June 23 (Bernama) -- Malaysia is always open to strengthening strategic cooperation with the United Arab Emirates (UAE) in various high-potential economic sectors including the petroleum and gas, petrochemical and logistics industries to drive trade, investment and the development of high-value industries.

Political, GE16 Speculations Not Main Factors Driving Foreign Investors' Decisions - MITI

KUALA LUMPUR, June 23 (Bernama) -- Speculations on politics and the potential 16th General Election (GE16) are not the main factors influencing foreign investors' decisions, although political stability remains an important consideration in determining investment destinations.

Sunway's Indirect Unit Secures Singapore Residential Site Worth SGD750.57 Mln

KUALA LUMPUR, June 23 (Bernama) -- Sunway Bhd's indirect wholly-owned subsidiary, SMCL Haven 3 Pte Ltd (SMCLH3), has secured a SGD750.57 million (RM2.4 billion) residential development site at River Valley Green, Singapore, through a joint bid with CSC Land Group (Singapore) Pte Ltd. 

Desatera To Bolster Commercial Segment, Growing To At Least 15 Outlets In 2026

BANGI, June 23 (Bernama) -- Food and support services company, Desatera Sdn Bhd, aims to increase its outlets to at least 15 this year to bolster its commercial segment as a driver of future growth.

KLCI Futures Close Lower

KUALA LUMPUR, June 23 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed lower today in line with the weaker cash market.

Paragon Globe Unit To Dispose Of Tanjung Kupang Land For RM398.11 Mln

KUALA LUMPUR, June 23 (Bernama) -- Paragon Globe Bhd’s (PGB) wholly-owned subsidiary, PGB Landmark Sdn Bhd, has proposed to dispose of two parcels of freehold land in Tanjung Kupang, Johor, for RM398.11 million to Dayone Data Centers Malaysia III Sdn Bhd.

SIC, DC Union Ink Deal To Build RM2.5 Bln Data Centre In Cyberjaya

SHAH ALAM, June 23 (Bernama) -- The Selangor State Development Corporation (PKNS), through its subsidiary, Selangor Industrial Corporation Sdn Bhd (SIC), has signed a Joint Venture Agreement (JVA) with Data Centre Union Sdn Bhd (DC Union) to develop a high-tech data centre in Cyberjaya.

Teraju Approves Nearly RM134 Mln Financing For 143 Bumiputera Firms In Northern Corridor

BUTTERWORTH, June 23 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) approved nearly RM134 million in financing for 143 Bumiputera companies in the Northern Corridor Economic Region (NCER) in the period from Dec 1, 2024 to May 31, 2026.