<div class=newsTextDataWrapInner>KUALA LUMPUR (Nov 3): RHB Retail Research said Optimax Holdings Bhd is set to propel towards its historical high after it surpassed the 79 sen immediate resistance on Wednesday (Nov 2), supported by strong trading volume above the 21-day average line.</div>

<div class=newsTextDataWrapInner>In a trading stocks note on Thursday, the research house said as Wednesday’s closing drew&nbsp;a “higher high” bullish structure, the stock is likely to jump higher towards the 84.5 sen historical high, before possibly printing a new high at 90 sen.</div>

<div class=newsTextDataWrapInner>“Conversely, the bullish momentum may reverse if it falls under the 73 sen support, forming a 'lower low'&nbsp;bearish structure below the average line,” it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Nov 3): RHB Retail Research said Optimax Holdings Bhd is set to propel towards its historical high after it surpassed the 79 sen immediate resistance on Wednesday (Nov 2), supported by strong trading volume above the 21-day average line.

In a trading stocks note on Thursda...

Optimax set to propel towards historical high, says RHB Retail Research

Sunway Bhd (KL:SUNWAY) became the best performing constituent member of the FBM KLCI index year to date after its share price breached the RM5 mark on Friday, ahead of its third-quarter (3Q) earnings announcement expected next week.

Sunway is best FBM KLCI constituent YTD after shares shoot past RM5

Bintulu Port Holdings Bhd (KL:BIPORT), the operator of East Malaysia’s largest container port, reported a 13.68% drop in its third quarter net profit, mainly due to a jump in operating costs due to an increase in expenditure incurred on service contracts, as well as for repair and maintenance.

Bintulu Port’s 3Q net profit down 13%, pays three sen dividend

The government successfully saved almost RM1 million in the flight cost for the official delegation led by Prime Minister Datuk Seri Anwar Ibrahim to five countries recently, said Communications Minister Fahmi Fadzil.

Fahmi: Govt saves nearly RM1 mil in Anwar's flight cost for visits to five countries

Top Glove Corp Bhd (KL:TOPGLOV) has entered into a joint venture (JV) with US glove importer Tronex (Asia) Ltd, and Polywel International Trade Co Ltd for the production and distribution of high-density polyethylene (HDPE) gloves.

Top Glove in JV for high density polyethylene glove biz

CSC Steel Holdings Bhd (KL:CSCSTEL) said on Friday its third quarter net profit fell 21% from a year earlier though the company is optimistic of rising prices and demand for steel ahead.

CSC Steel reports 21% fall in 3Q net profit; optimistic prices, demand will rise

Malaysia’s Anti-Corruption Commission (MACC) said on Friday it will continue to investigate the late Tun Daim Zainuddin, his wife and other family members.

MACC says will continue to investigate late Daim, wife, family members

Melaka-based D&O Green Technologies Bhd’s (KL:D&O) net profit for the third quarter ended Sept 30, 2024 (3QFY2024) was flat at RM18.25 million from a year earlier despite thinner gross margin.

D&O posts flat 3Q net profit amid eroding gross margin, pays 0.3 sen dividend 

BERLIN (Nov 22): Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a "huge concern".

In an interview with the news magazine Der Spiegel published on Friday ahead of the release of her me...

Germany's Merkel laments influence of big business on Trump

Eurozone business activity took a surprisingly sharp turn for the worse this month as the bloc's dominant services industry contracted and manufacturing sank deeper into recession, a survey showed on Friday.

Eurozone business activity falls sharply in November, survey shows

Solarvest Holdings Bhd (KL:SLVEST)’s wholly owned subsidiary Atlantic Blue Sdn Bhd has been awarded a RM142 million engineering, procurement, construction and commissioning (EPCC) contract from SM01 Sdn Bhd, a special purpose vehicle (SPV) in which the group owns a 33% stake.

Solarvest bags RM142 mil EPCC job for 30MWac solar plant in Kedah

AirAsia hopes to emulate Dubai’s success in connecting the world, but in a low-cost format from places like Bangkok and Kuala Lumpur as the discount carrier looks to move on from its tumultuous pandemic years.

AirAsia founder plots low-cost Dubai-like hub in Bangkok, KL

Affin Bank Bhd (KL:AFFIN) on Friday cut some of its key financial expectations for the full year even as net profit surged in the third quarter, as the company continues efforts to improve profitability.

Affin Bank cuts key expectations even as 3Q net profit surges

KUALA LUMPUR (Nov 22): Shares of DRB-Hicom Bhd (KL:DRBHCOM) fell on Friday to their lowest in more than four years, after the automotive-to-banking conglomerate reported weaker than expected quarterly results.

DRB-Hicom shares fall to over four-year low, analysts divided over outlook after 3Q

KUALA LUMPUR (Nov 22): Globetronics Technology Bhd (KL:GTRONIC) surged as top most-actively-traded stocks on Friday morning, after the company secured a RM145 million contract to provide integrated circuit (IC) product packaging, testing, and backend services to Taiwan-based ChipMOS Technologies Inc. &nbsp;

Globetronics shares surge on RM145m contract win with Taiwan’s ChipMOS

CapitaLand Investment Ltd, one of Asia’s largest property investment managers, warned of potential losses as it seeks to extricate itself from China’s real estate crisis.

CapitaLand warns of China losses as Singapore property investor cuts exposure

Now is an opportune time to accumulate Dayang Enterprise Holdings Bhd (KL:DAYANG) shares given its undemanding valuations, said CGS International.

Good opportunity to accumulate Dayang shares — CGS

Gold looked set for its largest weekly gain in over 13 months on Friday as escalating geopolitical tensions drove investors to safe assets, while a tech rebound led Asian equities higher after worries over Nvidia's sales growth eased.

Gold surges over broader Ukraine war fears; tech stocks rebound

GEORGE TOWN (Nov 22): Penang&nbsp;welcomed Hong Kong Express’ (HK Express) inaugural direct flight from Hong Kong on Friday, marking a milestone in the state’s tourism development.

Penang welcomes HK Express’ inaugural flight from Hong Kong

China’s richest man lashed out at two of the country’s biggest tech giants for fanning online vitriol targeting him earlier this year and instigating a price war that wiped out tens of billions of market value for his bottled-water empire.

China’s richest man berates PDD, ByteDance for months of misery

KUALA LUMPUR (Nov 22): Berjaya Hartanah Bhd, a wholly owned subsidiary of Berjaya Land Bhd (KL:BJLAND), officially launched on Friday, its latest condominium development named Oaka Residences at Bukit Jalil, Kuala Lumpur. The project has a gross development value (GDV) of RM373 million.&nbsp;

Berjaya Land launches RM373m Oaka Residences in Bukit Jalil

KUALA LUMPUR (Nov 22): Hong Kong-based energy services firm Unity Group Holdings International Ltd said it is planning a secondary listing in Malaysia.

Hong Kong-based Unity Group pursues secondary listing on Bursa Malaysia

Inflation in Malaysia picked up slightly and was a tad faster than expected in October as prices of food and personal care products, including jewellery, rose, official data released on Friday showed.

Inflation in Malaysia picks up slightly in October, official data shows

TOKYO (Nov 22): Nissan&nbsp;Motor&nbsp;will cut or transfer about 1,000 jobs in Thailand, as it shrinks production in Southeast Asia, part of its recently announced global workforce reduction plan, two sources familiar with the matter told Reuters on Friday.

Nissan to cut or transfer about 1,000 jobs in Thailand — Reuters

KUALA LUMPUR (Nov 22): Master Builders Association Malaysia (MBAM) supports the Construction Industry Development Board (CIDB) Malaysia’s decision to retract its quality guidebook for homeowners, said MBAM president Oliver HC Wee.&nbsp;

MBAM supports CIDB’s decision to retract quality guidebook for homeowners

US President-elect Donald Trump said on Thursday he would nominate former Florida attorney general and loyalist Pam Bondi to be US attorney general, moving swiftly to replace his former nominee Matt Gaetz after the embattled former congressman withdrew from consideration.

Trump picks Pam Bondi for US attorney general after Gaetz withdraws

Offshore oil-and-gas services firm Bumi Armada Bhd (KL:ARMADA) said on Friday its third quarter net profit rose 19% from a year earlier as operating margins expanded with lower costs.

Bumi Armada's 3Q net profit rises 19%, no update on merger with MISC's offshore unit

Mah Sing Group Bhd's (KL:MAHSING) M Luna condominium development in Kepong has achieved a Qlassic score of 86%, the highest for an M Series project, according to a press statement on Friday.

Mah Sing's M Luna condo in Kepong achieves 86% Qlassic score

KUALA LUMPUR (Nov 22): Damansara REIT Managers Sdn Bhd, the manager of Al-`Aqar Healthcare REIT &nbsp;(KL:ALAQAR)&nbsp;and Al-Salam REIT&nbsp;(KL:ALSREIT), has appointed Zulhilmy Kamaruddin as its new chief executive officer (CEO) as of Thursday (Nov 21).

Damansara REIT Managers appoints Zulhilmy Kamaruddin as its new CEO

KUALA LUMPUR (Nov 22): TSH Resources Bhd (KL:TSH) reported a 12.19% increase in its net profit for the third quarter spanning July to September 2024 (3QFY2024), despite a drop in revenue, as it recorded reduced non-controlling interests, which resulted in the larger share of profit attributable to the owners of the company.

TSH Resources reports 12% rise in 3Q net profit, pays 2.5 sen dividend

Analysts are projecting a stronger showing from Sunway Construction Group Berhad (KL: SUNCON) in 4Q2024, driven by significant job progress, especially data centre (DC)-led projects.