Market

CPO Futures Snap Five-day Losing Streak To Close Mostly Higher

By Danni Haizal Danial Donald

KUALA LUMPUR, Sept 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives snapped a five-day losing streak to end mostly higher on Thursday, as market sentiment improved following India’s decision to cut import duties on crude and refined vegetable oils, coupled with stronger crude oil prices.

KLCI Futures Ends Mixed On Thursday

KUALA LUMPUR, Sept 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed mixed on Thursday.

Corporate

OpenMove AI Appoints Steven Lim As Group CEO

KUALA LUMPUR, Sept 24 (Bernama) -- OpenMove AI Bhd has appointed Steven Lim Kee Seng as group chief executive officer (CEO) effective Oct 1, 2026, as part of a senior leadership reorganisation to broaden the group’s revenue streams.

Luno, Halogen Capital, Kenanga Investors In Tie-up To Explore Ringgit-Pegged Stablecoin

KUALA LUMPUR, Sept 24 (Bernama) -- Luno Malaysia Sdn Bhd has formed a strategic collaboration with Halogen Capital Sdn Bhd and Kenanga Investors Bhd to explore the use of a fully reserved, ringgit-pegged stablecoin (UMYR) as an on-chain settlement instrument for tokenised money market funds.

HE Group Unit Secures RM124 Mln Johor Data Centre Subcontract

KUALA LUMPUR, Sept 24 (Bernama) -- He Group Bhd's wholly-owned subsidiary, Hexatech Engineering Sdn Bhd has secured a subcontract worth RM124 million to supply, install, test and commission the main electrical works for a data centre in Johor.