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Zetrix AI Shares Fall 7.69 Pct On Potential Sukuk Covenant Breach Risk 

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd’s share price fell 7.69 per cent, or half a sen, on Friday following news of a potential covenant breach under its RM2 billion Sukuk Wakalah Programme.

BioLab Holdings Rebrands As EmeraNova, Eyes Global Expansion 

KUALA LUMPUR, Oct 16 (Bernama) -- BioLab Holdings has rebranded as EmeraNova, as it widens its focus from chronic wound care to tissue restoration across medical specialities, healing phases and care settings.

Chery’s LEPAS L6 EV To Go Global After Thailand Launch

KUALA LUMPUR, Oct 16 (Bernama) -- Chery Auto’s premium new energy vehicle (NEV) brand LEPAS will take its L6 EV on its first global drive from Shanghai on Oct 19, as the electric sport utility vehicle (SUV) expands beyond Thailand, where it launched in July.

Mercedes-AMG Petronas Seeks Cost Cap Flexibility To Advance F1 Sustainability

By Siti Radziah Hamzah

KUALA LUMPUR, Oct 16 (Bernama) -- Mercedes-AMG Petronas Formula One (F1) Team is working with the Fédération Internationale de l'Automobile (FIA) and Formula One Management (FOM) to ensure the sport's cost cap regulations allow enough flexibility to adopt sustainable technologies without compromising competitiveness on the track.

Zetrix AI Potentially In Breach Of Covenant Under Sukuk Programme After Wong Thean Soon Ceases As Single Largest Shareholder

KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd said it has considered being potentially in breach of covenant under the Sukuk Wakalah Programme after Wong Thean Soon's shareholding was substantially reduced yesterday, which resulted in him ceasing to be the single largest shareholder of the company.

KWAP's RM750 Mln Campus Project A Planned Commercial Investment For Long-term Returns

By Karina Imran

KUALA LUMPUR, Oct 15 (Bernama) -- The Retirement Fund Incorporated's (KWAP) RM750 million allocation under Budget 2027 represents a planned commercial investment for Projek Vista Kampus across six selected universities, with the investment intended to generate sustainable long-term returns for the retirement fund.

Labuan Corp Appoints Jeffrey Lim As Invest Labuan CEO

LABUAN, Oct 15 (Bernama) -- Labuan Corporation (LC) has appointed entrepreneur Jeffrey Lim Tau Hoong as chief executive officer of its wholly owned investment subsidiary, Invest Labuan Sdn Bhd (ILSB), effective today.

Malaysia, Indonesia Entities Sign Trade, Business Cooperation

JOHOR BAHRU, Oct 15 (Bernama) – Two trade and business cooperation agreements exceeding US$234,000 (RM984,000) in value were signed between Malaysian and Indonesian business entities to open up new market and investment opportunities in both countries.

CelcomDigi, Maxis Accept MCMC Spectrum Awards

KUALA LUMPUR, Oct 15 (Bernama) --  CelcomDigi Bhd and Maxis Bhd have accepted spectrum awards from the Malaysian Communications and Multimedia Commission (MCMC).

Vestland Unit Secures RM225 Mln River-Widening Project In Kelantan

KUALA LUMPUR, Oct 15 (Bernama) -- Vestland Bhd’s indirect wholly-owned subsidiary Vestland Infra Sdn Bhd (VISB) has secured a RM225.07 million contract from Pembinaan Rizen Sdn Bhd (PRSB).

Chery’s LUXEED To Hit 250 km/h In Media Test Drive

KUALA LUMPUR, Oct 15 (Bernama) -- Chery Group’s LUXEED brand will put its vehicles through a global media test drive at the Guangde Proving Ground on Oct 20, as part of the 2026 Chery International User Summit.

Nexgram Appoints Substantial Shareholder Henry Cheang As Group MD

KUALA LUMPUR, Oct 15 (Bernama) -- Nexgram Holdings Bhd announced that Henry Cheang Soon Siang had emerged as a substantial shareholder, following his acquisition of 55.97 million ordinary shares, bringing his total interest to 65.97 million shares, representing 6.75 per cent of the company’s issued voting shares.