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Bursa Malaysia Slips After Higher Opening

KUALA LUMPUR, Oct 30 (Bernama) -- Bursa Malaysia slipped into negative territory on Friday after opening slightly higher, tracking weaker overnight sentiment on Wall Street amid disappointing technology earnings.

Ringgit Opens Higher Against US Dollar For 10th Consecutive Day

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit opened higher against the US dollar for the 10th consecutive trading day on Friday, reflecting sustained positive sentiment towards the local currency at the start of trading.

SD Guthrie To Sell Bukit Kerayong Land For RM933.57 Mln, Forms JV With Bumi Assets, YTL Power

KUALA LUMPUR, Oct 29 (Bernama) -- SD Guthrie Bhd will sell 657.09 hectares of land in Bukit Kerayong, Selangor, to Bukit Kerayong Industrial Developments (BKID) for RM933.57 million and partner with Bumi Assets Sdn Bhd and YTL Power International Bhd to develop the site into an industrial park.

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.

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.

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.

Rural Roads Programme Financing Prioritised, Allocation For 2026 Rises To RM3.1 Bln – Amir Hamzah

KUALA LUMPUR, Oct 29 (Bernama) – The government is prioritising the Rural Roads Programme (JALB) project financing with the total allocation for 2026 rising to RM3.1 billion from the original allocation of RM2.11 billion, according to the Finance Ministry (MoF).

Rubber Market Ends Lower On Weaker Regional Futures

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Oct 29 (Bernama) -- The Kuala Lumpur rubber market ended lower on Thursday, tracking losses in regional rubber futures and a decline in benchmark crude oil prices, a dealer said.

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.

Upfront Financing Needed To Support Malaysia’s Green Steel Transition - Think Tank

KUALA LUMPUR, Oct 29 (Bernama) -- Upfront financing support is needed to help Malaysia’s iron and steel producers fund capital-intensive investments and transition to green steel production, said the Socio-Economic Research Centre (SERC).

Main Market-Bound Big Caring Aims To Raise RM637.8 Mln From IPO

KUALA LUMPUR, Oct 29 (Bernama) -- Retail pharmacy chain Big Caring Group Bhd (BCG) aims to raise RM637.8 million through its initial public offering (IPO), en route to its listing on Bursa Malaysia’s Main Market.

Northern Trust’s Singapore Branch Turns 30, Pledges Continued Investment

KUALA LUMPUR, Oct 29 (Bernama) -- Northern Trust, a wealth management, asset servicing, asset management and banking services provider, is celebrating the 30th anniversary of its Singapore branch, which it set up in 1996 to serve clients across Asia Pacific.