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Yes Group Inks Underwriting Agreement With Malacca Securities For ACE Market IPO

KUALA LUMPUR, Sept 22 (Bernama) -- Yes Group Management Bhd has inked an underwriting agreement with Malacca Securities Sdn Bhd for its initial public offering (IPO), in conjunction with the company’s upcoming listing on the ACE Market of Bursa Malaysia.

Eco Business Park 7 To Dispose Of Industrial Land In Negeri Sembilan For RM1.01 Bln

KUALA LUMPUR, Sept 22 (Bernama) -- Eco Business Park 7 Sdn Bhd has entered into a conditional sale and purchase agreement to dispose of two parcels of industrial land measuring 89.70 hectares in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd (TERA) for approximately RM1.01 billion.

Malaysian Firms Urged To Tap Dubai As Gateway To Middle East, Africa -- Dubai Chambers

KUALA LUMPUR, Sept 22 (Bernama) -- Malaysian companies are encouraged to consider Dubai as a gateway to markets across the Middle East, Africa and Europe, supported by the emirate’s strategic location, logistics infrastructure and business-friendly policies, according to Dubai Chambers.

Govt To Strengthen R&D Ecosystem, Shifts To “Made By Malaysia” - Amir Hamzah

KUALA LUMPUR, Sept 22 (Bernama) -- The government is looking to strengthen Malaysia’s research and development (R&D) ecosystem through more market-driven funding mechanisms and closer industry collaboration, said Minister of Finance II Datuk Seri Amir Hamzah Azizan.

Bursa Malaysia Higher At Mid-Morning, Boosted By Selected Heavyweights

KUALA LUMPUR, Sept 22 (Bernama) -- Bursa Malaysia was higher at mid-morning, supported by gains in selected heavyweight counters, led by healthcare and banking stocks.

SC Explores Taskforce To Strengthen Company Secretaries’ Competency, Accountability

KUALA LUMPUR, Sept 22 (Bernama) -- The Securities Commission (SC) is exploring the establishment of a multi-stakeholder task force, involving regulators and professional bodies, to strengthen the competency and professionalism of company secretaries in Malaysian-listed companies.

Gold Futures Close Lower On US Interest Rate Uncertainty

By K. Naveen Prabu

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures on Bursa Malaysia Derivatives (BMD) closed lower on Monday as uncertainty over the US Federal Reserve's (Fed) interest rate outlook weighed on the precious metal.

Bursa Malaysia Stays Up On Bargain Hunting of Blue Chips

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia ended slightly higher on Monday, supported by bargain hunting in selected blue chips as concerns over the West Asia conflict eased amid retreating oil prices.

Tanjong Malim Hi-Tech Park With RM1.4 Bln GDV Targeted For Completion By 3Q2029

TANJONG MALIM, Sept 21 (Bernama) -- The development of the Tanjong Malim Hi-Tech Park, covering an area of 178.8 hectares with an estimated gross development value (GDV) of RM1.4 billion, is targeted to be fully completed by the third quarter of 2029.

Bursa Malaysia’s Key Index Rebounds 0.31 Pct At Midday

KUALA LUMPUR, Sept 21 (Bernama) -- Bursa Malaysia’s key index rebounded to close the morning session 0.31 per cent higher, paring earlier losses on persistent buying in heavyweights, particularly banking stocks.

Plantation, Utilities, Healthcare Sectors Attract RM299.6 Mln Foreign Inflows Last Week

KUALA LUMPUR, Sept 21 (Bernama) -- The plantation, utilities and healthcare sectors have attracted a combined net foreign inflow of RM299.6 million into Bursa Malaysia last week, according to MBSB Investment Bank Bhd (MBSB IB).

TNB To Absorb Up To RM150 Mln Extra Costs From Expanded AFA Exemptions -- CIMB Securities

KUALA LUMPUR, Sept 21 (Bernama) -- Tenaga Nasional Bhd (TNB) is projected to absorb RM120 million to RM150 million in extra costs over September-December 2026 from expanded government exemptions for residential users from automatic fuel adjustment (AFA), retail charges, and sales and service tax.