<div class=newsTextDataWrapInner>KUALA LUMPUR (March 15): Trading in shares of MWE Holdings Bhd will be suspended from 9am tomorrow “pending the release of a material announcement,” the company said in a filing with the stock exchange.</div>

<div class=newsTextDataWrapInner>Established in 1964, MWE’s main business is in the manufacturing and sale of garments and the renting of its textile factory. Some of its foreign customers include Nike, Lacoste and Under Armour. &nbsp;</div>

<div class=newsTextDataWrapInner>MWE closed unchanged at RM1.30 on Thursday, for a market capitalisation of RM299.31 million.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (March 15): Trading in shares of MWE Holdings Bhd will be suspended from 9am tomorrow “pending the release of a material announcement,” the company said in a filing with the stock exchange.

Established in 1964, MWE’s main business is in the manufacturing and sale of garment...

MWE suspended tomorrow pending announcement

Distressed Hong Kong property firm New World Development Co is in talks with banks to extend the due dates of some bilateral loans, people familiar with the matter said, adding to concerns over its ability to service one of the heaviest debt loads of its kind.

Hong Kong builder New World seeking banks' extension of due dates of loans — Bloomberg

Transport Minister Anthony Loke has questioned the necessity of a Public Accounts Committee (PAC) investigation into the proposed 30-year electric train lease project, valued at RM10.7 billion.

He clarified that the project is still conceptual and no contract has been finalised.

Loke questions need for PAC to probe RM10.7 bil electric train lease

House Speaker Mike Johnson’s struggle for a deal to keep the US government open after Friday is an ominous sign for his shrinking and fractious Republican majority’s ability to push through President-elect Donald Trump’s early priorities.

US government funding fight previews house GOP turbulence

Fashion firm Carlo Rino Group Bhd (KL:CARLORINO) made a weak debut on the ACE Market of Bursa Malaysia, after it raised some RM46 million from its initial public offering (IPO).

Carlo Rino drops 17.4% below IPO price in ACE Market debut

French far-right leader Marine Le Pen said on Wednesday that she was preparing for an early presidential election, saying President Emmanuel Macron's time in office was all but over.

French far-right leader Marine Le Pen looking at early presidential election

Pestech International Bhd (KL:PESTECH), now a subsidiary of Dhaya Maju Infrastructure (Asia) Sdn Bhd, has proposed a scheme of arrangement involving a one-off upfront cash payment of RM65 million to settle its RM267 million outstanding debt.

Pestech proposes scheme of arrangement to settle outstanding RM267m debt 

Meta Platforms Inc’s Instagram will soon account for half of the company’s advertising revenue in the US, according to estimates from research firm Emarketer, further cementing the photo- and video-sharing app’s role as the key growth driver for the company.

Instagram expected to generate 50% of Meta’s US ad sales in 2025

Malaysia will “double down” on its strategy of deepening trade and collaboration with other countries in 2025, guided by three fundamental tenets of how Malaysia deals with the world, said Economy Minister Rafizi Ramli. 

The three fundamental tenets are breakout development priority, good neighbour principle and “beyond-trade thinking”.

Malaysia to double down on collaboration, trade with other countries next year — Rafizi

The High Court on Wednesday set Jan 14, 2025, to deliver its decision on the preliminary objection to the habeas corpus application for unlawful detention filed by GISB Holdings (GISB) Sdn Bhd chief executive officer Datuk Nasiruddin Mohd Ali and his wife, Datin Azura Md Yusof.

Ruling on GISB CEO and wife's habeas corpus preliminary objection set for Jan 14

T7 Global Bhd (KL:T7GLOBAL) has been appointed by Petroliam Nasional Bhd (Petronas) as a panel contractor to provide integrated well continuity services for a five year term.

T7 appointed Petronas panel contractor for well continuity services in sixth pan-Malaysia contract

The proposed abolition of the Rule of 78 by Bank Negara Malaysia could “pave the way” for similar reforms in other financing products, including hire purchases, having a larger impact on the banking sector, according to Phillip Capital.

Bank Negara's plan to abolish Rule of 78 may lead to wider financial reforms, says Phillip Capital

KUALA LUMPUR (Dec 18): Supermax Corp Bhd (KL:SUPERMX) is planning a bonus share issue on the basis of one share for every five existing shares held, along with the issuance of bonus warrants on the basis of one free warrant for every 20 existing shares held, to reward shareholders.

Supermax proposes 1-for-5 bonus issue with 1-for-20 free warrants

Fashion firm Carlo Rino Group Bhd (KL:CARLORINO) made a weak debut on the ACE Market of Bursa Malaysia, after it raised some RM46 million from its initial public offering (IPO).

KUALA LUMPUR (Dec 18): Shares of United Plantations Bhd (KL:UTDPLT) hit fresh all-time intraday high in early morning trade on Wednesday. The stock gained 2% to touch RM33.06 to become the top gainer on Bursa Malaysia.

United Plantations hits fresh record intraday high at RM33.06

Solar renewable energy specialist Northern Solar Holdings Bhd, en route to list on the ACE Market of Bursa Malaysia on Feb 6, is looking to raise up to RM64.8 million from the public market to part-finance its business expansion and for working capital.

ACE Market-bound Northern Solar seeks to raise up to RM65m in IPO

YTL Power International Bhd (KL:YTLPOWR) said the Malaysian Anti-Corruption Commission (MACC) has cleared the group's 60% owned subsidiary, YTL Communications Sdn Bhd, of any wrongdoing in connection with the 1BestariNet project.

YTL Power says MACC has cleared subsidiary of wrongdoing in 1BestariNet project

KUALA LUMPUR (Dec 18): YNH Property Bhd (KL:YNHPROP) executive chairman Datuk Dr Yu Kuan Chon has been redesignated as an executive director of the property developer. Kuan Chon, 62, is YNH Property’s largest shareholder controlling a direct and indirect shareholding of 32.58% as at Oct 7, 2024.

YNH Property’s MD Kuan Huat replaces brother Kuan Chon as new chairman

CIMB Securities is positive on Malaysia’s equity market in 2025, underpinned by a third consecutive year of earnings growth at 8%, driven by banks, construction and utilities sectors.

Banks, construction, utilities sectors to drive 2025 earnings growth — CIMB Securities

KUALA LUMPUR (Dec 18): Jati Tinggi Group Bhd (KL: JTGROUP) shares gained in active trade on Wednesday, a day after it said it won contract to supply and install photovoltaic solar panel systems at Public Bank Bhd’s (KL:PBBANK) branches for some RM14.88 million.

Jati Tinggi’s shares gain in active trade early Wednesday on Public Bank contract

KUALA LUMPUR (Dec 18): Malaysian Resources Corporation Bhd&nbsp;(KL:MRCB) has withdrawn from the Berjaya-led consortium that participated in the request for information exercise for the Kuala Lumpur-Singapore High-Speed Rail (HSR) project, to pursue other strategic opportunities.

This w...

MRCB pulls out of Berjaya-led consortium vying for KL-HSR

UEM Sunrise Bhd (KL:UEMS) and ITRAMAS Corp Sdn Bhd have signed a memorandum of understanding (MOU) with China-based battery energy storage solutions (BESS) and power battery technology manufacturer Gotion High-Tech Co Ltd to develop a research and development (R&amp;D) centre at UEM Sunrise’s Renewable Energy (RE) Industrial Park in Gerbang Nusajaya, Iskandar Puteri, Johor.

UEM Sunrise, ITRAMAS sign MOU with China-based Gotion High-Tech to develop R&D centre in Johor

Pestech International Bhd (KL:PESTECH), which is now a subsidiary of Dhaya Maju Infrastructure (Asia) Sdn Bhd, announced a slew of boardroom changes on Thursday, which saw the appointments of Dhaya Maju's co-founder and its group chief executive officer to its board, with immediate effect.

Dhaya Maju founder, CEO join Pestech's board, along with former chief secretary to govt Mohd Zuki

MIDF expects better overall growth for the tech sector in 2026 due to rising demand for artificial intelligence (AI) computing and strong investments from China.

MIDF: Tech sector to rebound, post stronger growth in 2026

US President-elect Donald Trump is poised to order changes meant to encourage domestic oil and gas development immediately after his Jan 20 inauguration.

Trump is ready ‘within seconds’ to issue orders spurring drilling

Former finance minister Lim Guan Eng has filed an appeal against the High Court's failure to order former prime minister Tan Sri Muhyiddin Yassin to pay interest on damages over defamatory statements concerning tax breaks for Tan Sri Syed Mokhtar Al-Bukhary’s charity foundation Yayasan Albukhary.

Yayasan Albukhary: Guan Eng files appeal, seeking interest on damages awarded

KUALA LUMPUR (Dec 18): Nissan Motor Co and &nbsp;Honda Motor Co are exploring various possibilities for future collaboration, according to Nissan, amid news of a possible merger with Honda.

Nissan confirms it is exploring collaborations with Honda

ACE Market-bound Northern Solar Holdings Bhd plans to expand its coverage across Malaysia, targeting key regions especially in Johor and Penang, among others, on top of its existing market in the Klang Valley and Selangor areas, according to managing director Lew Shoong Kai.&nbsp;

Northern Solar eyes solar energy expansion post-IPO

Economists remain cautiously optimistic on Malaysia’s external trade outlook for 2025, following better-than-expected November data which saw the country’s trade surplus rise to a 14-month high.

Economists upbeat on Malaysia’s trade after November exports beat, flag US policy wildcard

Malaysia is inviting China's palm oil companies to explore opportunities in the domestic industry.

Minister of Plantation and Commodities Datuk Seri Johari Abdul Ghani said he believes potential partnerships with Chinese companies based in Malaysia will be successful as feedstock is plentiful in the country while Chinese players have a wide market network.

China's palm oil players invited to explore opportunities in Malaysia

The new criteria for the exemption of financial statement audits for private companies will take effect on Jan 1, 2025.