MotoGP Eyes Southeast Asian Fan Growth, No Additional Races Under Consideration

By Siti Radziah Hamzah

KUALA LUMPUR, Nov 2 (Bernama) -- MotoGP Sports Entertainment Group SL is looking to grow its fan base in Southeast Asia through content and commercial opportunities, with no additional races in the region currently under consideration, its deputy chief executive officer Carlos Ezpeleta said.

MotoGP To Assess West Asia Conditions For Next Year, Rules Out Rotation Plans - Deputy CEO

KUALA LUMPUR Nov 2 (Bernama) -- MotoGP Sports Entertainment Group SL will assess conditions in West Asia as it plans next year’s schedule, with no immediate plans to rotate races if the regional conflict is prolonged, its deputy chief executive officer (CEO) Carlos Ezpeleta said.

Equinix Appoints Effendi Azmi As Managing Director For Malaysia 

KUALA LUMPUR, Nov 2 (Bernama) -- The world’s digital infrastructure company, Equinix Inc, has appointed Effendi Azmi Hashim as managing director for Malaysia, effective immediately. 

LyondellBasell To Sell Former Houston Refinery To Valero For US$320.5 Mln

KUALA LUMPUR, Nov 2 (Bernama) -- LyondellBasell (LYB) has agreed to sell its former Houston Refinery site and related assets to a subsidiary of Valero Energy Corporation (Valero) for US$320.5 million as part of its ongoing portfolio transformation. (US$1 = RM4.05)

Mi Technovation Shares Fall Following Singapore Property Acquisition

KUALA LUMPUR, Nov 2 (Bernama) -- Mi Technovation Bhd’s shares fell in early trade on Monday following the group’s planned acquisition of a freehold industrial building in Singapore for S$103.88 million (RM331.8 million).

Kenanga Raises Loan Growth Forecast To 5.5-6.0 Pct, Expects OPR To Stay At 2.75 Pct

KUALA LUMPUR, Nov 2 (Bernama) -- Kenanga Investment Bank Bhd has raised its loan growth forecast for this year to a range of 5.5 per cent to six per cent from five per cent to 5.5 per cent, with projections extended into 2027.

TSH Resources Volunteers To Engage With Singapore NEA's Independent Assessors Over Haze

KUALA LUMPUR, Nov 2 (Bernama) -- TSH Resources Bhd has voluntarily offered to engage with the Singapore government's assessors panel to evaluate its operations, corporate relationships and supply chains in connection with the fires in Indonesia that have contributed to the transboundary haze.

Foreign Investors Return To Net Buying With US$323.1 Mln Net Inflows

KUALA LUMPUR, Nov 2 (Bernama) -- Foreign institutions returned to net buying on Bursa Malaysia, recording US$323.1 million in net inflows, according to MBSB Investment Bank Bhd (MBSB IB).

Developing Skilled Energy Talent Key To Malaysia’s Power Generation Future

KUALA LUMPUR, Nov 2 Bernama) -- The fourth annual Gas Turbine Power Generation Conference, to be hosted by Edra Power Holdings Sdn Bhd (Edra) on November 4, is set to play a pivotal role in highlighting the importance of developing skilled energy talent to support Malaysia’s expanding power generation sector.

KLCI Futures Lower In Early Trade

KUALA LUMPUR, Nov 2 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contracts on Bursa Malaysia Derivatives traded lower in the early session today.

Bursa Malaysia Opens Lower As Weak Wall Street Performance Dampens Sentiment

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Nov 2 (Bernama) -- Bursa Malaysia opened lower on Monday, weighed down by Wall Street’s weaker performance last Friday, which dampened investor sentiment.

Ringgit Opens Higher On Expectations Of OPR Normalisation

KUALA LUMPUR, Nov 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Monday, supported by expectations of a possible overnight policy rate (OPR) normalisation ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting this Thursday.