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.

AirAsia Targets March 2027 To Commence Flights To Bahrain

KUALA LUMPUR, Nov 1 (Bernama) -- AirAsia Group Bhd is targeting to commence flights to Bahrain by March 2027, subject to regional conditions, with the appointment of its Bahrain board of directors marking another milestone in its regional expansion strategy.

Malaysia Airlines Says Customer Data May Be Affected By Amadeus Breach

KUALA LUMPUR, Nov 1 (Bernama) -- Malaysia Airlines Bhd (MAB) said some customer information may have been affected by a cybersecurity incident involving Amadeus, its third-party airline reservation technology provider.