Vertex Material Plans NASDAQ Listing By 2Q-3Q Next Year, Eyes US$300-400 Mln

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysian advanced materials company and deep-tech unicorn, Vertex Material plans to list on the US NASDAQ stock exchange in the second or third quarter of next year, targeting to raise funds of US$300 million to US$400 million (US$1=RM4.08), said its chief executive officer Chris Lai.

Vertex Material, Sky-Dweller Ink US$2.2 Bln Offtake Agreement To Expand Into India

KUALA LUMPUR, Oct 28 (Bernama) -- Vertex Material, a Malaysian advanced materials company, has signed a 15-year offtake agreement valued at approximately US$2.2 billion with US-based Sky-Dweller Construction LLC to expand their existing commercial partnership in the United States and Canada into India.

Malaysia's PPI Up 12 Pct In September 2026 - DOSM

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s Producer Price Index (PPI) increased by 12.0 per cent in September 2026, from 10.7 per cent in August 2026, according to the Department of Statistics Malaysia (DOSM).

Bursa Malaysia Key Index Remains Slightly Lower At Midday On Selling Pressure

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia’s key index remained slightly lower at midday today, dragged by continued selling in selected heavyweight stocks, particularly in the financial services sector. 

Bursa Malaysia Opens Higher On Improved Sentiment

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia opened higher on Wednesday as market sentiment improved, tracking overnight gains on Wall Street following fresh artificial intelligence (AI)-related funding announcements.

Rently Secures US$12 Mln Growth Credit Facility To Expand Rental Innovation

KUALA LUMPUR, Oct 27 (Bernama) -- Rental commerce platform, Rently has secured a US$12 million growth credit facility from January Capital, a technology investment firm, to support its expansion across Asia-Pacific and the Gulf region. (US$1 = RM4.08)

Nanning Expands ASEAN Global Engagement With Trade, AI Innovation

KUALA LUMPUR, Oct 27 (Bernama) -- Nearly 100 preliminary artificial intelligence (AI) cooperation agreements worth around two billion Chinese yuan were reached in Nanning during the recently concluded 23rd China-ASEAN Expo (CAEXPO), including more than one billion Chinese yuan in planned cooperation with ASEAN countries.

Bursa Malaysia Ends Higher On Bargain Hunting

By K. Naveen Prabu & Danni Haizal Danial Donald

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher on Tuesday, supported by bargain hunting activities following the previous day's sell-off.

EarthDaily Secures US$3 Mln NASA Task Order For Land Imaging

KUALA LUMPUR, Oct 27 (Bernama) -- EarthDaily has received a US$3 million task order from the National Aeronautics and Space Administration (NASA) to provide its constellation data and technical support for NASA and the United States Geological Survey (USGS) for evaluating how commercial imagery could be used in US federal land imaging programmes. (US$1 = RM4.08)

Nestle Malaysia’s 3Q Net Profit Rises To RM197.51 Mln, Declares 80 Sen Dividend

KUALA LUMPUR, Oct 27 (Bernama) -- Nestle (Malaysia) Bhd’s net profit rose to RM197.51 million for the third quarter (3Q) ended Sept 30, 2026, compared to RM114.04 million in the same quarter a year ago supported by higher sales. 

MIDA Calls For Coordinated Investment Strategy To Position Borneo As Investment Hub

KUALA LUMPUR, Oct 27 (Bernama) -- The Invest Borneo action plan should focus on shared value chains, improve cross-border ease of doing business and prioritise investment realisation to strengthen Borneo’s position as an investment hub, according to the Malaysian Investment Development Authority (MIDA). 

LPI Capital 3Q Net Profit Eases To RM96.82 Mln

KUALA LUMPUR, Oct 27 (Bernama) -- LPI Capital Bhd’s net profit fell 15.7 per cent to RM96.82 million in the third quarter (3Q) ended Sept 30, 2026, from RM114.83 million a year earlier, due to lower profit from its investment holding segment.