<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 7): RHB Retail Research said KESM Industries Bhd may rise higher after it formed a long white candle and breached above the RM17.00 threshold.</p></div>

<div class=newsTextDataWrapInner><p>In a trading stocks note today, the research house said this close has sent the stock to its new 52-week high, thereby enhancing the positive sentiment.</p></div>

<div class=newsTextDataWrapInner><p>“A bullish bias may emerge above the RM17.20 level, with an exit set below the RM16.30 threshold.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“Towards the upside, the immediate resistance level is at RM19.00. This is followed by the RM20.00 level,” it said.</p></div>

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KUALA LUMPUR (Nov 7): RHB Retail Research said KESM Industries Bhd may rise higher after it formed a long white candle and breached above the RM17.00 threshold.

In a trading stocks note today, the research house said this close has sent the stock to its new 52-week high, thereby enhanci...

KESM Industries may rise higher, says RHB Retail Research 

Manpower shortages as well as regulatory and logistical hurdles will be among the challenges faced by the Johor-Singapore Special Economic Zone (JS-SEZ).

Johor-S'pore Special Economic Zone faces challenges in manpower shortage, regulatory and logistical hurdles, says Maybank IB

Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is selling a 22.55-acre piece of land in Pulai, Johor, to Microsoft for RM119.83 million, marking its third land deal with the global tech giant.

Crescendo’s wholly-owned unit Panoramic Industrial Development Sdn Bhd inked a sale and purchase agreement with Microsoft's unit Microsoft Payments (M) Sdn Bhd for the land sale, according to the property developer's bourse filing on Monday.

Crescendo sells third parcel to Microsoft for RM119.8 mil in Johor

Solarvest Holdings Bhd (KL:SLVEST), which builds solar farms for clients and also owns stakes in solar farms, is acquiring a 30% stake in Kee Ming Electrical Sdn Bhd for RM15.3 million cash.

Solarvest to buy 30% stake in electrical works outfit for RM15 mil cash

Bina Puri Holdings Bhd (KL:BPURI) said the company does not expect “any significant financial and operational impact” from the RM28.17 million lawsuit by Wisma Majujaya Sdn Bhd in relation to a joint venture agreement (JVA) to develop a project in Johor.

No ‘significant financial impact’ expected from Majujaya suit, says Bina Puri

China’s central bank injected a record amount of cash into the financial system via a new tool in January, delaying more high-profile policy easing as it prioritises stabilising the yuan.

China's central bank injects record liquidity using new tool, delays reserve requirement ratio cut

The police will submit the investigation papers regarding the 'ham' joke, which is alleged to have insulted Islam, to the Attorney General's Chambers (AGC) on Tuesday.

Probe papers on 'ham' joke to be submitted to AGC on Tuesday, says IGP

Indonesian President Prabowo Subianto expressed confidence on Monday that Malaysia will be able to resolve long-standing border and labour issues with Indonesia in an orderly and efficient manner.

Prabowo confident Malaysia, Indonesia can resolve border, labour issues effectively

The policies of US President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc.

Citi analysts say Trump policies can’t reverse energy transition

Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) have agreed to have another six months to discuss a merger deal worth RM450 million.

Ekovest extends unit merger talks with Knusford for six more months

Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust (KL:PLINTAS), on Monday clarified that two individuals charged with corruption linked to its sponsor Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) are not related to the operations of the business trust.

Prolintas Infra Business Trust distances itself from graft cases involving sponsor Prolintas' COO, project manager

<p>KUALA LUMPUR (Jan 27): Selling pressure on YTL Corporation Bhd (KL:YTL) and its subsidiary YTL Power International Bhd (KL:YTLPOWR) persists, pulling the two stocks to two-month lows.</p>


Selling persists, YTL Corp and unit YTL Power down over 5%

<p>Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over the US’ technological dominance.</p>


DeepSeek buzz puts tech stocks on track for US$1 tril wipeout

<p>KUALA LUMPUR (Jan 27): Bursa Malaysia Bhd (KL:BURSA) announced that it has appointed Datuk Fad’l Mohamed as its new chief executive officer, effective March 1, with the retirement of Datuk Muhamad Umar Swift, who has served as CEO since February 2019.</p>


Bursa names RHB wholesale banking MD Fad’l Mohamed as new CEO as Umar Swift retires

<p>Telco firms may need to fork out RM394 million each to buy out U Mobile Sdn Bhd and the Ministry of Finance's equity stakes in Digital Nasional Berhad (DNB) under the rollout of the second 5G network, according to CIMB Securities.</p>


CIMB Securities sees telcos shelling out nearly RM400m each to buy out U Mobile's stake in DNB

<p>SOME of the big construction names have trained their sights on the balance of the works — estimated to be worth about RM9 billion — left to be done in the Penang light rail transit (LRT) project.</p>

<p>Among those that have attended briefings by MRT Corp are MMC Engineering Sdn Bhd, Malaysia...

Big guns eye another RM9 bil in Penang LRT works

<p>The chief operating officer (COO) of Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), Rostam Sharif Tami, has pleaded not guilty to a bribery charge involving RM70,000.</p>


Prolintas COO faces trial over RM70,000 bribery charge

<p>Bursa Malaysia Bhd's (KL:BURSA) net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024) rose 15.7% on improved performance in its securities and derivatives markets.</p>


Bursa Malaysia's profit jumps 16% in 4Q, declares 26 sen dividend

<p>ES Sunlogy Bhd, a provider of mechanical and electrical (M&amp;E) engineering services as well as renewable energy, has launched its prospectus for an initial public offering (IPO) on the ACE Market, as it seeks to raise up to RM63 million to partly fund its expansion plans.</p>


Engineering firm ES Sunlogy launches ACE Market IPO prospectus, aims to raise RM63m

<p>Last month, eFishery, a darling of Indonesia’s start-up scene, was reported to have suspended its CEO Gibran Huzaifah and chief product officer Chrisna Aditya, pending an investigation into alleged financial irregularities in the company.</p>


Frankly Speaking: KWAP’s investment in eFishery in the spotlight

<p>KUALA LUMPUR (Jan 27): Sabah-based steel products manufacturer Colform Group Bhd's initial public offering (IPO) has seen strong investor interest, attracting RM462.46 million worth of retail subscriptions, more than 10 times the RM41.19 million it was looking to raise from the issuance of new shares via its IPO. &nbsp;</p>


Colform's ACE Market IPO attracts over RM462 mil retail interest

<p>Last Thursday, YTL Power International Bhd (KL:YTLPOWR) announced a proposal for a bonus issue of warrants on the basis of one warrant for every five existing shares held. The exercise price of the warrants, which have a three-year tenure, has been fixed at RM2.45 — a 44% discount to its five-day volume-weighted average price.</p>


Frankly Speaking: Multi-billion cash call at YTL group

<p>Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses.</p>


Hong Kong’s property distress is catching up with city’s banks

<p>The deadline for AirAsia X Bhd’s (KL:AAX) proposed RM6.8 billion acquisition of Capital A Bhd’s (KL:CAPITALA) short-haul aviation business — AirAsia Bhd and AirAsia Aviation Group Ltd — has been extended by two months.</p>


Deadline for AAX takeover of Capital A’s aviation biz extended by two months to March 24

<p>UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT) at RM10.96 per share on Friday, Jan 24.</p>

<p>In a note on Monday, AmInvestment Bank Bhd, on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and GIP Aurea Pte Ltd (joint offerors), said the transaction is part of the ongoing takeover process initiated by the joint offerors to acquire all remaining ordinary shares in MAHB that they have not already held.</p>


UEM acquires 1.5 mil MAHB shares at RM10.96 per share

<p>The US and Colombia pulled back from the brink of a trade war on Sunday after the White House said the South American nation had agreed to accept military aircraft carrying deported migrants.</p>


US, Colombia reach deal on deportations; tariffs, sanctions put on hold

<p>THE Ace Market-bound café operator Oriental Kopi Holdings Bhd (KL:KOPI) has garnered significant attention within the investing community due to its robust financial performance in the first four years of operation.</p>

<p>Since the opening of its outlet in Johor in 2020, the food and beverage...

IPO Watch: Oriental Kopi’s listing — the talk of the town 

<p>China pledged to accept the return of undocumented Chinese citizens in the US, after President Donald Trump threatened to hit Colombia with tariffs of up to 50% for refusing to take back deported migrants.</p>


China promises to take back illegal migrants after Trump threats

<p>KUALA LUMPUR (Jan 27): YNH Property Bhd (KL:YNHPROP) announced on Monday that the independent review of its joint venture (JV) and turnkey contracts, conducted by Messrs UHY, is expected to be completed and issued by Feb 15, 2025.</p>


YNH Property expects independent review of JV and turnkey contracts to be completed by Feb 15

<p>Kenanga Research said Genting Plantations Bhd's (KL:GENP) proposed disposal of its Melaka land is accretive in nature and outweighs the loss of crude palm oil (CPO) income from the estate.</p>


Genting Plantations to get earnings boost from RM334m Melaka land sale — Kenanga 

<p>Chinese startup DeepSeek’s eponymous AI assistant rocketed to the top of Apple Inc’s iPhone download charts, stirring doubts in Silicon Valley about the strength of America’s lead in AI.</p>
