Demand for Indian billionaire Mukesh Ambani's US$3.2 billion Jio Platforms IPO swelled to more than five times the shares on offer on Thursday, and the retail portion of the country's biggest ever stock offering was fully subscribed.

The offering is the first by Ambani's Reliance Industries in 20 years and a key part of the billionaire's long-term vision to transform the group from an oil-to-chemicals company into a broader consumer, retail and technology business.

Ambani's record Jio Indian IPO subscribed over five times as demand surges

KUALA LUMPUR (Oct 22): A former deputy religious affairs minister has urged the government to look into the financial health of Urusharta Jamaah Sdn Bhd (UJSB), the company set up by the government in 2018 to take over Tabung Haji's troubled assets. 

Datuk Ahmad Marzuk Shaary (PN-P...

Former deputy religious affair minister wants scrutiny of UJSB's financial health, cite NexG disposal 

Zetrix AI Bhd (KL:ZETRIX) said no payment default has occurred under its RM2 billion sukuk, as the trustee is scheduled to meet sukuk holders on Friday (Oct 23) to discuss a proposed resolution to a breach involving managing director Wong Thean Soon’s shareholding.

Zetrix AI sukuk holders to meet on Oct 23 to discuss covenant breach, no payment default yet 

Meridian Bhd (KL:MERIDIAN) said trading in its shares will be suspended from Oct 30 after Bursa Malaysia Securities rejected the company's fifth application for more time to submit a regularisation plan.

The financially distressed property developer added that it faces delisting on Nov 3 unless it appeals by Oct 29.

Meridian to be suspended on Oct 30, faces delisting after latest bid to delay regularisation plan rejected

E5: Court of Appeal dismisses IRB’s appeal

Robert Bosch plans to legally separate its automotive-parts business, as the world’s largest car supplier races to cut costs and respond to intensifying competition from China.

Bosch to separate auto-parts unit as Chinese rivals gain ground

Malaysia's export success is well documented. Electronics, palm oil and manufactured goods dominate the discussion. Yet some of our companies have built substantial businesses overseas doing something quite different such as designing water treatment facilities, operating power stations and providing engineering services.

Opinion: Malaysia's industrial know-how has a world of opportunity

A recent panel session on “The Safeguarded Boardroom” featuring Pav Gill, whose disclosures helped expose the Wirecard scandal, is a timely reminder that corporate governance is tested not by the policies an organisation adopts, but by what happens when someone with courage raises an uncomfortable truth.

Opinion: Is silence a safeguard? Whistleblowing, AI governance and the real test of accountability

Temasek Singapore president Png Chin Yee is set to join the board of directors of real estate asset manager CapitaLand Investment Ltd, according to people familiar with the matter.

Temasek’s Png said to join CapitaLand Investment’s board

Aizo Group Bhd (KL:AIZO) said its RM36.79 million sewage system upgrading subcontract in Terengganu will not proceed after the project owner cancelled the main contract awarded to its contractor.

Aizo's RM37m sewage subcontract terminated, faces potential claims

'Clearly the prime minister has been wrongly advised,' says former finance minister Lim Guan Eng.

Opinion: TuJu doesn't work, improvements needed

The Federal Court has set Nov 5 to hear Muar Member of Parliament Syed Saddiq Syed Abdul Rahman's appeal, on whether the courts can adjudicate on policy matters, specifically on funds already earmarked for parliamentary constituencies.

Apex court sets Nov 5 to hear Syed Saddiq's bid to reinstate legal action over Muar constituency allocation

Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the chief executive officer warned he was considering leaving the state that houses the company's headquarters if voters pass a wealth tax proposal next month.

Meta strikes deal to keep Zuckerberg in California after wealth tax concerns

A financially-distressed Chinese property developer will sell its massive hotel complex in Hong Kong to Malaysia’s ParkCity Group for some RM1.4 billion.

Massive Hong Kong hotel complex to be sold to Malaysian developer for RM1.4 bil

KUALA LUMPUR (Oct 22): RedPlanet Bhd (KL:RPLANET) staged a strong ACE Market debut on Thursday following the information technology services firm’s listing transfer from the LEAP Market.

RedPlanet rises 37% in ACE Market debut following listing transfer

The ban on the use of the Waze navigation app applies only to public servants carrying out official duties and does not extend to all Malaysians, a minister told the Dewan Rakyat on Thursday.

Waze ban applies only to public servants on official duties, says Gobind

Developers of a new US-backed undersea data cable linking Malaysia, Vietnam, Singapore and Thailand will this month select a cable supplier between Japan's and France's Alcatel Submarine Networks, a project executive told Reuters.

New US-backed data cable linking Malaysia to other Southeast Asian nations to pick NEC or Alcatel as supplier, developer says

Two former senior Lembaga Tabung Haji (TH) officials pleaded not guilty in the Sessions Court here on Thursday for cheating the board of directors in relation to hibah payments totalling RM3.3 billion for the 2017 financial year.

Ex-Tabung Haji CEO, CFO claim trial to cheating board to facilitate RM3.3 bil hibah payment

CIMB Group Holdings Bhd (KL:CIMB) on Thursday “categorically” denied planning to privatise its Indonesian unit.

CIMB denies plans to privatise Indonesian unit

(Oct 22):&nbsp;Malaysia has given the go-ahead for a batch of unprocessed rare earths to be exported, the first approval under a new framework designed to permit testing and potentially encourage investments in local capacity.

Malaysia allows first export of raw rare earths under new rules

The Shah Alam High Court has dismissed a striking out application brought by developer Midlands City Sdn Bhd, in a suit brought by 24 purchasers for delays in procuring strata titles and a Certificate of Completion and Compliance (CCC).&nbsp;

High Court dismisses striking out application by Midlands City, orders full trial in suit brought by purchasers

The appellate court has unanimously ruled that the Inland Revenue Board (IRB) has to return tax collected on compensation from properties or land that are forcefully acquired by the authorities.

IRB must return tax collected on compensation from forcefully acquired property, says appellate court

Zetrix AI Bhd (KL:ZETRIX) said no payment default has occurred under its RM2 billion sukuk, as the trustee is scheduled to meet sukuk holders on Friday (Oct 23) to discuss a proposed resolution to a breach involving managing director Wong Thean Soon’s shareholding.

KUALA LUMPUR (Oct 22): The government is still finalising a natural gas roadmap that will guide the development of Malaysia’s gas sector through energy transition.

Malaysia’s natural gas roadmap still being finalised, launch set for 4Q

PUTRAJAYA (Oct 22): The Malaysian Highway Authority (LLM) and TuJu's developer are working to identify the cause of disruptions to the navigation app, restore system stability and increase its capacity to accommodate more users.

Malaysian Highway Authority, TuJu developer address app disruptions amid user surge

CYBERJAYA (Oct&nbsp;22): Civil servants who defy the immediate ban on navigation app Waze could face disciplinary action, National Security Council (MKN) director general Datuk Raja Nushirwan Zainal Abidin said.

Civil servants who defy Waze ban face disciplinary action — National Security Council

KUALA LUMPUR (Oct 22): Palm oil prices will stay firm above RM4,600 per tonne next month on stronger exports and seasonal output decline, said a Malaysian industry council.

Palm oil to stay above RM4,600 in November on stronger export, output decline — MPOC

Perikatan Nasional gets to contest the Nov 14 Melaka election under its own banner after the High Court here on Thursday stayed its deregistration by the Registrar of Societies.

High Court stays PN deregistration, allowing bloc to contest Melaka polls   

Foodie Media Bhd (KL:FOODIE) caps its first full financial year as an ACE Market company with a sharp rise in earnings, amid growing demand for digital content, influencer marketing and events.

Foodie Media rides digital advertising wave to cap FY2026 with 68% rise in net profit 

TSH Resources Bhd (KL:TSH) has responded to queries from the Singapore Stock Exchange (SGX) over recent forest and peatland fires in Indonesia, denying that its plantation operations contributed to the transboundary haze.