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Bursa Malaysia Pares Earlier Losses To End Slightly Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended marginally lower on Monday, with the benchmark index paring its earlier losses after rebounding strongly from intraday lows amid heavy selling in the morning session.

ACE Market-Bound SRKK AI's IPO Oversubscribed By 312.3 Times

KUALA LUMPUR, June 29 (Bernama) -- The retail tranche of SRKK AI Bhd's initial public offering (IPO) was oversubscribed by 312.3 times ahead of the company's listing on the ACE Market of Bursa Malaysia on July 9, 2026.

EPIC Targets RM700 Mln Revenue, RM1 Bln NAV By 2030

By Siti Radziah Hamzah

KUALA LUMPUR, June 29 (Bernama) -- Eastern Pacific Industrial Corp Bhd (EPIC) is targeting annual revenue of RM700 million and net asset value (NAV) of RM1 billion by 2030 under its EPIC Strategic Business Plan 2025-2030 (EPIC BEST 2530), supported by expansion in its oil and gas (O&G), port management and renewable energy businesses.

Fully Liberalised Gas Market Needed To Boost Competition, Investment-- MGA President

By Harizah Hanim Mohamed

KUALA LUMPUR, June 29 (Bernama) -- A fully liberalised gas market based on a willing seller-willing buyer principle, coupled with the removal of the gas price cap, is needed to attract more international players and spur a more competitive industry, said Malaysia Gas Association (MGA) president Abdul Aziz Othman.

Silver Ridge Says No Undisclosed Developments Behind Share Price Drop

KUALA LUMPUR, June 29 (Bernama) -- Silver Ridge Holdings Bhd (SRHB) said it is not aware of any undisclosed corporate developments, rumours or other factors that could explain the sharp decline in its share price, following an unusual market activity (UMA) query from Bursa Malaysia.

Malaysia Airports Accelerates Transformation Post-Privatisation Exercise

KUALA LUMPUR, June 29 (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) has accelerated its organisation-wide transformation to strengthen governance, project delivery and internal capabilities following its privatisation exercise in March 2025. 

Govt Intensifies Measures To Mitigate Global Supply Crisis

KUALA LUMPUR, June 29 (Bernama) -- The government has implemented or is in the process of carrying out 120 decisions made by the National Economic Action Council (MTEN) to mitigate the impact of the global supply crisis, Economy Minister Akmal Nasrullah Mohd Nasir said.

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia ended the morning session lower as persistent profit-taking in selected heavyweight stocks, particularly the healthcare, financial and plantation counters, weighed on market sentiment.

Malaysia, EU Continue MEUFTA Talks, Target Completion By 2027

KUALA LUMPUR, June 29 (Bernama) -- Malaysia and the European Union (EU) have completed negotiations on five chapters of the Malaysia-European Union Free Trade Agreement (MEUFTA), with both sides targeting to finalise the pact by 2027.

ACE Market Debutant RT Pastry Eyes East Coast Expansion

KUALA LUMPUR, June 29 (Bernama) -- ACE Market debutant RT Pastry Holdings Bhd plans to channel its initial public offering (IPO) proceeds into expansion in the East Coast due to strong untapped demand and limited competition from retail bakery chains, chief operating officer Tia Yu Hoo said.

Bursa Malaysia Opens Higher But Retreats Thereafter

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 29 (Bernama) -- Bursa Malaysia opened higher but retreated thereafter, tracking Wall Street's weaker performance last Friday amid heightened US-Iran tensions.

World Cup Fever May Inject Up To RM2.1 Bln Into Malaysia’s F&B Sector, Economist Says

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, June 28 (Bernama) -- Football fever during the FIFA World Cup 2026 could inject between RM1.2 billion and RM2.1 billion into Malaysia's food and beverage (F&B) industry as fans flock to “mamak” outlets, cafes, and restaurants to catch live matches, according to an economist.