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Market

CPO Futures Close Lower On Lack of New Market Catalysts

By Muhammad Fawwaz Thaqif Nor Afandi

Gold Futures Close Lower

KUALA LUMPUR, July 17 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on profit-taking, despite gains in gold prices on the US Commodity Exchange (COMEX).

KLCI Futures Close Higher

KUALA LUMPUR, July 17 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher on Friday. 

Corporate

PTT Synergy Unit To Acquire Logistics Software, IP For US$7.1 Mln

KUALA LUMPUR, July 17 (Bernama) -- PTT Synergy Group Bhd’s indirect subsidiary, PTT Robotics Sdn Bhd, has agreed with vTradEx Information Technology (Shanghai) Co Ltd to acquire logistics software and related intellectual property (IP) rights for US$7.10 million (US$1=RM4.09).

Searah Malaysia Takes Over Production Sharing Contracts From Petronas Carigali

KUALA LUMPUR, July 17 (Bernama) -- Searah (Malaysia) Sdn Bhd, the Malaysian operating entity of Searah Ltd, has assumed operatorship of key production sharing contracts in Malaysia from Petronas Carigali Sdn Bhd effective July 1, 2026, after fulfilling all conditions precedent.

Bioeconomy Corporation Helps Sarawak Firms Showcase Innovations At BIO Asia-Taiwan 2026

KUALA LUMPUR, July 17 (Bernama) -- The Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) has facilitated collaborations to help Sarawak’s bio-based firms penetrate regional and international markets through BIO Asia-Taiwan 2026.