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Sabah is transitioning towards economic diversification beyond oil and gas, requiring substantial investment in vocational training and local skilled workforce development across manufacturing, tourism, technology and other emerging sectors.
MBSB Research has downgraded QL Resources on valuation grounds, though maintaining confidence in the company's medium-term fundamentals. The agro-based conglomerate reported flat revenue and a slight earnings decline for FY26 ending March 31, 2026.
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.