Ann Joo Unit Bags RM61.89 Mln Solar Subcontract Deal

KUALA LUMPUR, Oct 28 (Bernama) -- Ann Joo Resources Bhd’s (AJR) indirect wholly owned subsidiary, IAC Infrastructure Sdn Bhd (IACI), has entered into a subcontract agreement worth RM61.89 million.

Kenanga IB Raises Malaysia's 2026 PPI Growth Forecast To 7.4 Pct Amid Energy Risks

KUALA LUMPUR, Oct 28 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) has raised Malaysia’s 2026 Producer Price Index (PPI) growth forecast to 7.4 per cent from 6.4 per cent previously, amid persistent energy market risks from the prolonged conflict in West Asia.

Berjaya Construction To Undertake RM1.2 Bln Sanglang Port Development Project

KUALA LUMPUR, Oct 28 (Bernama) -- Berjaya Construction Bhd is set to undertake the design-and-build works for the Sanglang Port development project in Perlis, which has an estimated total development cost of RM1.2 billion, including initial construction costs of RM675 million.

Govt Reviews Power Supply Before Deciding On 24 Data Centre Applications

KUALA LUMPUR, Oct 28 (Bernama) -- The government has yet to decide on 24 new data centre applications as it assesses whether electricity supplies can meet the needs of 117 projects already approved, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.

Late Buying Lifts Bursa Malaysia To Close Slightly Higher

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 28 (Bernama) -- Late buying in selected heavyweight stocks, particularly utility counters, lifted Bursa Malaysia to close marginally higher on Wednesday, in line with regional markets.

Vertex Material, Sky-Dweller Ink US$2.2 Bln Offtake Agreement To Expand Into India

KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.

Malaysia Calls For Stronger Global Cooperation To Ensure Gas Supply Security

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia has called for stronger international cooperation to ensure stable global gas markets and reliable energy supplies, emphasising that energy security is fundamental to industrial competitiveness, investment confidence and sustainable economic growth.

AM Green To Supply Green Ammonia To Japan’s JERA

KUALA LUMPUR, Oct 28 (Bernama) -- AM Green Ammonia (India) Private Limited (AM Green), a global supplier of renewable ammonia, has signed a binding heads of agreement to supply Japanese power company JERA Co Inc (JERA) with about 70,000 tonnes of green ammonia, produced using renewable energy, annually for five years, with an option to extend.

Nuclear Power Could Strengthen Malaysia’s Low-carbon, Reliable Energy Mix

SINGAPORE, Oct 28 (Bernama) -- Nuclear power could be a viable long-term addition to Malaysia’s energy mix, complementing renewable energy to deliver a system that is low-carbon, environmentally sustainable, secure and reliable.

Bursa Malaysia Key Index Remains Slightly Lower At Midday On Selling Pressure

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s key index remained slightly lower at midday today, dragged by continued selling in selected heavyweight stocks, particularly in the financial services sector. 

Fuel Subsidy Savings For This Year To Be Finalised By Year-end -- Amir Hamzah

KUALA LUMPUR, Oct 28 (Bernama) -- The total fuel subsidy savings for this year will be finalised by year-end, taking into account actual transaction adjustments, weekly market prices, currency exchange rates, and verified consumption volumes. 

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia opened higher on Wednesday as market sentiment improved, tracking overnight gains on Wall Street following fresh artificial intelligence (AI)-related funding announcements.