<div class=newsTextDataWrapInner><p>SINGAPORE (Aug 24): Bazaar — a B2B marketplace operating in Pakistan — has raised US$30 million (S$40.7 million) in a Series A round co-led by Singapore-based venture capital firm Wavemaker Partners and Silicon-Valley-headquartered Defy Partner.</p></div>

<div class=newsTextDataWrapInner><p>This brings the total funding bagged by the startup to US$38 million.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Other investors that had participated in the latest round include<em><a href="https://www.theedgesingapore.com/news/funds/singapore-based-vc-wavemaker-partners-co-leads-us30-million-funding-round-pakistani-b2b" target="_blank">...(click on link for full story on theedgesingapore.com)</a></em></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>


SINGAPORE (Aug 24): Bazaar — a B2B marketplace operating in Pakistan — has raised US$30 million (S$40.7 million) in a Series A round co-led by Singapore-based venture capital firm Wavemaker Partners and Silicon-Valley-headquartered Defy Partner.

Singapore-based VC Wavemaker Partners co-leads US$30 mil funding round in Pakistani B2B start-up Bazaar

Tremors from a weak magnitude 4.4 earthquake that struck the waters off Batu Pahat, Johor, at 4.55pm on Tuesday were felt across four states, as well as Putrajaya and Kuala Lumpur.

Quake off Batu Pahat: Tremors felt across Johor, Melaka, Negeri Sembilan and Klang Valley

Wall Street has turned bullish on Meta Platforms, betting that its new artificial intelligence (AI) agent Muse could open a new revenue stream for the social media giant and reshape the company's AI monetisation prospects.

Wall Street expects Meta's AI agent Muse to shape into a new revenue engine

A weak 4.4-magnitude earthquake that struck the waters off Batu Pahat, Johor, on Tuesday afternoon startled residents in several areas, with some initially mistaking the brief tremors for vibrations caused by heavy vehicles passing nearby.

Earthquake off Batu Pahat: Residents thought tremors caused by lorries

The Nasdaq Composite touched an intraday record high on Tuesday for the first time since early June as technology stocks clawed back lost ground and retreating oil prices boosted risk appetite.

Nasdaq hits intraday record high as tech stocks regain footing

Glencore plc last month told Mizuho Bank Ltd that it believes Radiant World fraudulently generated email correspondence purporting to show that the Switzerland-based commodities trader planned to pay back the Japanese lender nearly US$100 million (RM407.5 million), according to a legal filing obtained by Bloomberg News.

Radiant World sent Mizuho fake Glencore email, court filing says

Iran and the US hinted on Tuesday at the prospect of reviving negotiations to end their conflict, with the presidents of both countries due at the United Nations (UN) General Assembly in New York.

US and Iran hint at revival of talks as Trump, Pezeshkian due to attend UN

A Republican senator is calling for an investigation into the Trump family’s financial dealings — including demanding testimony from Donald Trump Jr — in a sharp break with President Donald Trump.

GOP senator calls for investigation into Trump family

Cypark Resources Bhd (KL:CYPARK) posted a profit before tax of RM5.7 million for its first quarter ended July 31, 2026 (1QFY2027), compared with a loss before tax of RM17.6 million a year earlier, crediting the turnaround to its existing businesses and development of new sources of earnings.

Cypark returns to profitability in 1Q, powered by existing businesses, new sources of earnings

Mercedes-Benz production in Germany is not competitive by international standards, in particular due to high labour costs, the premium automaker said on Tuesday, after a top executive warned workers that two plants could close.

Mercedes says German production not competitive, two plants under threat

Land & General Bhd (KL:L&G) plans to launch the first phase of its Lembah Beringin industrial park in Selangor in the first quarter of next year, with an estimated gross development value of RM1.5 billion.

Land & General upbeat on prospects, targets RM1.5b industrial launch in 1Q 2027

<p>Bon Estates Sdn Bhd has opened a new two-way road connecting Jalan Kiara 3 and Jalan Duta Kiara in Mont'Kiara, Kuala Lumpur, providing an additional route towards Solaris Dutamas and the surrounding areas.</p>


Bon Estates opens new road link in Mont'Kiara

<p>The developer of Eco Business Park 7 in Negeri Sembilan is selling two plots of industrial land for RM1 billion to a data centre operator.</p>


Eco World-SD Guthrie JV sells 222 acres in Negeri Sembilan for over RM1b

<p>Consumer and construction stocks could be among the key beneficiaries of the upcoming Budget 2027, as higher cash aid, potential tax relief and increased development spending are expected to support domestic demand and infrastructure activity, CIMB Securities said on Tuesday.</p>


CIMB Securities: Consumer, construction stocks seen as key beneficiaries of Budget 2027

<h2>Notable filings</h2>

<p>Between Sept 1 and 4, notable filings with Bursa Malaysia on changes in shareholding included those of ACE Market-listed <strong>Ambest Group Bhd</strong> (KL:AMBEST), where co-founder and managing director Tan Beng Beng and co-founder and executive director Lim Eng Gu...

Insider Moves: Ambest Group Bhd, Salutica Bhd, LFE Corp Bhd, Sersol Bhd, Zetrix AI Bhd, Heitech Padu Bhd, Excel Force MSC Bhd

<p>The Melaka State Legislative Assembly will be dissolved on Wednesday to pave&nbsp;the way for the 16th state election.</p>


Melaka assembly to dissolve on Wednesday, paving way for state election

<p>KUALA LUMPUR (Sept 22): Powerwell Holdings Bhd (KL:PWRWELL) tested new record high on Tuesday as investors and analysts cheered the electricity distribution equipment maker’s largest ever contract.</p>


Powerwell tests new record high after bagging its largest contract ever

<p>KUALA LUMPUR (Sept 22): The High Court here has ordered Tenaga Nasional Bhd (TNB)(KL:TENAGA) to pay RM10.52 million in special damages to Penang Bridge concessionaire Projek Lebuhraya Usahasama Bhd (PLUS) over a major fire incident in a cable tunnel beneath the bridge in February 2021.</p>


Court orders Tenaga to pay Projek Lebuhraya Usahasama RM10.5 mil for Penang bridge fire

<p>Hengyuan Refining Company Bhd (KL:HENGYUAN) surged to a fresh high on Tuesday, rising as much as 27 sen or 6.2% to RM4.61 during intraday trade.</p>


Hengyuan reverses intraday gains to finish lower after touching new high; gains RM1.4b in market cap since August

<p>KUALA LUMPUR (Sept 22): Crude palm oil (CPO) prices are expected to remain above RM4,700 per tonne until at least October, if not the rest of the year, according to the Malaysian Palm Oil Council (MPOC) statement on Tuesday.</p>


Crude palm oil prices expected to remain above RM4,700 per tonne for the rest of the year — MPOC

<p>Land &amp; General Bhd (KL:L&amp;G) plans to launch the first phase of its Lembah Beringin industrial park in Selangor in the first quarter of next year, with an estimated gross development value of RM1.5 billion.</p>


<p>KUALA LUMPUR (Sept 22): A forced auction of Country Heights Holdings Bhd’s (KL:CHHB) land in Kajang, Selangor was cancelled due to absence of bidders.</p>


Forced auction of Country Heights land cancelled due to lack of bidders

<p>KUALA LUMPUR (Sept 22): Shares in ViTrox Corporation Bhd (KL:VITROX) hit their highest level since the company’s listing on the ACE Market in 2005 on Tuesday, driven by its strong growth prospects amid the AI infrastructure boom.</p>


ViTrox hits new record high as AI-driven growth boosts outlook

<p>Mr Chan is part of a company’s senior management. In the course of his role, he came upon information and a lucrative commercial opportunity that the company could exploit. He neither disclosed this nor obtained the company’s consent. Instead, armed with that information, he resigned, set up his own company and exploited that opportunity.</p>


Opinion: The director as a fiduciary: The ‘no-profit’, ‘no-conflict’ and ‘misuse of trust and knowledge’ rules

<p>Sabah Development Bank Bhd said on Tuesday it is willing to consider a substantial reduction in exposure in PacifiCity to support efforts to revive the long-abandoned project.</p>


Sabah Development Bank ready to cut exposure to help revive abandoned PacifiCity

<p>IHH Healthcare Bhd (KL:IHH) outperformed on Tuesday as Macquarie flagged an improving earnings trajectory across the hospital operator’s portfolio.</p>


IHH Healthcare rises over 5% as Macquarie flags strong earnings outlook

<p>Cuscapi Bhd (KL:CUSCAPI) has proposed a private placement of up to 94.49 million new shares to raise up to RM4.55 million for working capital, making it the second company linked to businessman Wong Thean Soon, better known as TS Wong, to announce a share placement this week.</p>


Cuscapi seeks RM4.55m via private placement, second TS Wong-linked firm to tap equity market this week

<p>The Negeri Sembilan executive council on Tuesday unanimously decided to suspend the state secretary and state legal adviser, said Menteri Besar Datuk Ismail Lasim.</p>


Negeri Sembilan exco suspends state secretary and state legal adviser 

<p>KUALA LUMPUR (Sept 22): theedgemalaysia.com highlighted no stocks with positive momentum and eight stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.</p>

<h3>The stocks with negative momentum were:</h3>

<p>Inta Bina Group Bhd (KL:INTA) — up two sen or 5.13% to 41 s...

Stocks with momentum on Sept 22, 2026: Inta Bina Group, Powerwell Holdings, Jati Tinggi Group, Northern Solar Holdings, Verdant Solar Holdings, Ewi Capital, D&O Green Technologies, Superlon Holdings

<p>THE semiconductor industry in Penang is facing shortages in several areas, including engineering talent, factory floor space and production capacity. However, a lack of client orders is not one of them.</p>

<p>In fact, global customers are working closely with local manufacturers to ensure the...

Penang E&E players face capacity crunch amid influx of orders

<p>Loss-making MMAG Holdings Bhd (KL:MMAG),&nbsp;a company which counts NexG Bhd (KL:NEXG) as a substantial shareholder, has proposed a RM130 million share capital reduction to wipe out part of the company’s accumulated losses.</p>
