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Press Metal To Raise PMB Technology Stake To 58.8 Pct In RM464.95 Mln Deal

KUALA LUMPUR, Aug 3 (Bernama) -- Press Metal Aluminium Holdings Bhd plans to acquire a 35.6 per cent stake in PMB Technology Bhd for RM464.95 million in cash, raising its interest to a controlling 58.8 per cent from 23.2 per cent.

Detailed Study Needed To Assess Anti-competitive Practices On E-commerce Platforms -- Senator

KUALA LUMPUR, Aug 3 (Bernama) -- Low prices for goods offered on e-commerce platforms cannot be directly considered as predatory pricing or anti-competitive practices, said Deputy Minister in the Prime Minister’s Department (Religious Affairs) Senator Marhamah Rosli.

Ringgit Ends Lower Against US Dollar, Major Currencies As US Treasury Yields Rise

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 3 (Bernama) -- The ringgit ended lower against the greenback and other major currencies on Monday, pressured by rising United States Treasury yields and renewed uncertainty over the path of US monetary policy.

Malaysia's Economic Growth May Exceed 5.0 Pct In 2026 - Analysts

KUALA LUMPUR, Aug 3 (Bernama) -- Malaysia's economy could record another year of growth exceeding 5.0 per cent, supported by robust exports and resilient domestic spending, said MBSB Investment Bank Bhd.

LYC Healthcare Faces Possible Trading Suspension Due To Delay In Submitting Annual Report

KUALA LUMPUR, Aug 3 (Bernama) --  LYC Healthcare Bhd (LYC) faces a possible trading suspension after the company failed to submit its annual report that includes the annual audited financial statements together with the auditors' and directors' reports for the financial year ended March 31, 2026.

Bursa Malaysia Ends Slightly Higher On Late Buying In Selected Heavyweights

By Engku Shariful Azni Engku Ab Latif & Karina Imran

KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia ended marginally higher on Monday supported by late buying in selected large-cap stocks amid improving investor sentiment, despite lingering geopolitical uncertainties, an analyst said.

JS-SEZ Investment Blueprint Expected To Be Unveiled By Year-end - RHB IB

KUALA LUMPUR, Aug 3 (Bernama) -- The federal government is expected to unveil the Johor-Singapore Special Economic Zone (JS-SEZ) Investment Blueprint and Master Plan by the end of the year, said RHB Investment Bank Bhd (RHB IB).

Rubber Market Ends Lower On Weaker Regional Futures

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Aug 3 (Bernama) -- The Kuala Lumpur rubber market ended lower on Monday, tracking weaker regional rubber futures amid a sharp decline in crude oil prices and expectations of higher global natural rubber production, a dealer said.

Bursa Malaysia Stays Lower At Mid-Afternoon

KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia remained lower at mid-afternoon, weighed down by mild selling in selected heavyweights, said an analyst.

At 3.01 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.73 points to 1,722.17 from last Friday’s close of 1,724.90.

The benchmark index opened 0.36 of a point higher at 1,725.26.

Nippon Paint China Makes ARCHIDEX 2026 Debut As It Eyes Southeast Asian Markets

KUALA LUMPUR, Aug 3 (Bernama) – As Southeast Asia accelerates the adoption of green building standards and upgrades its manufacturing base, demand for energy-saving and efficiency-enhancing technologies in the construction and industrial sectors continues to grow, creating new opportunities for Chinese building materials companies to expand across the region.

Bursa Malaysia Lower At Midday Due To Profit-Taking

KUALA LUMPUR, Aug 3 (Bernama) -- Bursa Malaysia was lower at midday due to profit-taking in selected heavyweights led by Petronas Chemicals, CelcomDigi and Tenaga Nasional, which was in line with the weakness in most regional peers despite news of a resumption of West Asia peace talks.

Oil Prices Fall After Trump Calls Off Iran Attack

SEOUL/TOKYO, Aug 3 (Bernama-dpa) -- Oil prices fell on Monday after US President Donald Trump called off a planned attack on Iran, reported German news agency dpa.