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Market

Rubber Market Seen Trading Sideways With A Slight Downward Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- The rubber market is expected to trade sideways with a slight downward bias next week amid ongoing global uncertainties, particularly developments in West Asia and weather conditions in some major rubber-producing regions.

CPO Futures Likely To Trade With Bearish Bias Next Week

KUALA LUMPUR, June 6 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trade with a bearish bias next week, pressured by weaker crude oil prices and cautious market sentiment ahead of a key industry report.

Gold Futures To Trade Between US$4,400 And US$4,500 Next Week

KUALA LUMPUR, June 6 (Bernama) -- Gold futures on Bursa Malaysia Derivatives are expected to trade within the US$4,400 per troy ounce to US$4,500 per troy ounce range next week, supported by safe-haven demand amid uncertainty over the United States interest rate outlook.

Corporate

OSK Property Unveils RM690 Mln Beachfront Development In Kuantan

KUALA LUMPUR, June 5 (Bernama) -- OSK Property Holdings Bhd has unveiled OSK Ombak, a RM690 million freehold beachfront development in Balok Beach, Kuantan, comprising 1,274 fully furnished residential units targeted for completion in 2030.

MISC Renews Menara Dayabumi Lease With Petronas In RM433 Mln 15-year Deal

KUALA LUMPUR, June 4 (Bernama) -- MISC Bhd has entered into a long-term tenancy agreement with Petroliam Nasional Bhd (Petronas ) to renew the lease of its office space at Menara Dayabumi, Kuala Lumpur, in a deal valued at an estimated RM433 million over 15 years.

ConocoPhillips Deepens Commitment To Sabah With New Investment In Phase 2 Of KBB Gas Field

KUALA LUMPUR, June 4 (Bernama) -- ConocoPhillips Sabah Gas Ltd, operator of the Kebabangan (KBB) gas field off the cost of Sabah, has taken final investment decision (FID) on May  21, 2026 for Phase 2 of the KBB gas field development.