Clear, modern coverage of Malaysian news and analysis.
IOI Properties has received Securities Commission approval to launch a RM7.58 billion real estate investment trust, featuring premium retail, office and hotel assets across Malaysia's key business and leisure destinations.
Allrich Corp and Richard Holdings Ltd, controlling nearly 75% of Tong Herr, propose privatising the stainless steel fastener manufacturer at RM2.55 per share—a substantial premium to recent trading levels—to unlock greater operational flexibility.
Bursa Malaysia's benchmark index climbed to 1,748.84 midday as technology stocks surged 2.91%, buoyed by overnight Big Tech earnings surprises and a cautious shift in investor sentiment across the region.
Oriental Interest Bhd plans to acquire Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd for RM280 million, marking a significant expansion into new business segments for the property developer.
Bursa Malaysia has publicly reprimanded Meridian and fined its sole executive director for repeatedly missing deadlines in submitting audited financial statements, depriving investors of critical information for extended periods.
Cropmate Bhd has secured the release of all bank accounts frozen by the MACC during an anti-money laundering investigation. The company confirmed no directors, officers, or employees face charges.
PETRONAS Chemicals and Malaysian banks drove the FBM KLCI higher as crude oil prices spiked following Iranian attacks on tankers in the Straits of Hormuz, though analysts caution rising energy costs could pressure regional manufacturers.
Penang-based adhesives and sealants manufacturer GB Bond Holdings has secured Bursa Malaysia's approval to list on the ACE Market in the third quarter of 2026, with plans to raise funds for factory expansion and regional growth.
Bursa Malaysia has classified Pertama Digital as a PN17 company after its equity position deteriorated in FY2025. The technology firm is pursuing a regularisation plan with regulators.
Stratus Global Holdings, a semiconductor automation solutions provider, has launched a RM285mil IPO targeting July 21 listing on Bursa Malaysia's Main Market. The company plans major expansion including a new Penang manufacturing facility.
Rohas Matajaya has announced through a Bursa Malaysia filing that the Malaysian Anti-Corruption Commission has concluded its investigation into HG Power Transmission with no further action necessary, resolving a matter that had hung over the company.
REDtone Digital has committed RM13 million to medium-term notes issued by a Berjaya Corporation subsidiary, seeking higher returns on internal funds through a RM500 million MTN programme.