Sukuk Dissolution Event Does Not Require Immediate Full Repayment, Says Zetrix AI

KUALA LUMPUR, Oct 29 (Bernama) -- Zetrix AI acknowledges that a dissolution event had been triggered under its Sukuk Wakalah Programme following a breach of a covenant requiring Wong Thean Soon to remain its single largest shareholder.

Penang Seeks Simpler Import Procedures For Specialised Lab Equipment

BATU KAWAN, Oct 29 (Bernama) -- Penang hopes the federal government will consider reviewing and simplifying import procedures for specialised laboratory equipment to reduce uncertainty over equipment classification, tax exemptions and approval timelines.

SKA Capital’s ACE Market IPO Oversubscribed 80.42 Times

KUALA LUMPUR, Oct 29 (Bernama) -- SKA Capital Bhd's initial public offering (IPO) has been oversubscribed by 80.42 times ahead of its listing on the ACE Market of Bursa Malaysia slated on Nov 11, 2026.

JF Tech Proposes Bonus Issue Of Up To 388.01 Mln Free Warrants

KUALA LUMPUR, Oct 29 (Bernama) -- JF Technology Bhd (JF Tech) has proposed a bonus issue of up to 388.01 million free warrants on the basis of two warrants for every five existing shares held by eligible shareholders.

Gold Futures End Lower, Tracking COMEX Losses

KUALA LUMPUR, Oct 29 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Thursday, tracking losses on the US Commodity Exchange (COMEX).

Bursa Malaysia Snaps 2-Day Winning Streak to Close Lower

KUALA LUMPUR, Oct 29 (Bernama) -- Bursa Malaysia snapped a two-day winning streak to close lower on Thursday, in line with regional markets, as continued selling pressure in blue chip stocks weighed on market sentiment. 

Ringgit Extends Gains Against US Dollar After Fed Holds Interest Rates

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 29 (Bernama) -- The ringgit continued its gains to end higher against the US dollar on Thursday, following the US Federal Reserve’s (Fed) decision to keep the benchmark interest rate steady at 3.75 per cent to 4.00 per cent, an analyst said.

Govt Takes Targeted Approach To Assist Affected SMEs - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is taking a targeted approach to assist small and medium enterprises (SMEs) affected by economic pressures, including through loan rescheduling and restructuring, as well as payment deferments.

Parkland Gets SC Nod For Main Market Listing

KUALA LUMPUR, Oct 29 (Bernama) -- Property developer Parkland Bhd has received the Securities Commission Malaysia’s (SC) nod for its initial public offering (IPO) and proposed listing on the Main Market of Bursa Malaysia Securities Bhd.

41,334 Small Palm Oil Farmers Under TSPKS 2.0 - KPK

KUALA LUMPUR, Oct 29 (Bernama) -- An estimated 41,334 smallholder oil palm farmers covering 105,172.67 hectares have been identified as being under the Oil Palm Smallholder Replanting Financing Incentive Scheme 2.0 (TSPKS 2.0), according to the Ministry of Plantation and Commodities (KPK).

Tencent Cloud Optimises Computing Costs, Expands Local Offerings To Accelerate AI Adoption

From Harizah Hanim Mohamed

SHENZHEN, Oct 29 (Bernama) -- Tencent Cloud International is optimising its hardware and software architecture to provide more cost-effective computing and artificial intelligence (AI) inference amid growing demand for computing and storage, while offering products suited to local markets to accelerate adoption.

Govt Confident 2026 GDP Growth Will Exceed 5 Pct, Strong Economy To Benefit The People - Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) -- The government is confident that economic growth will exceed 5.0 per cent this year, marking the third consecutive year of growth above 5.0 per cent under the MADANI Government, said Finance Minister II Datuk Seri Amir Hamzah Azizan.