<div class=newsTextDataWrapInner>SINGAPORE (Oct 22): Shares of Tritech Group are trading higher on news that the company has secured a build-operate-transfer contract for a wastewater treatment plant in an industrial park in China.</div>

<div class=newsTextDataWrapInner>The investment for the project is estimated at RMB500 million ($110 million).</div>

<div class=newsTextDataWrapInner>The contract will likely boost Tritech’s orderbook and earning profile and place it as a contender for future such projects in China, which is aggressively looking to boost its wastewater treatment facilities.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Stock is up 0.8% at 12.8 cents, while the Straits Times Index is up 0.4%.</div>

SINGAPORE (Oct 22): Shares of Tritech Group are trading higher on news that the company has secured a build-operate-transfer contract for a wastewater treatment plant in an industrial park in China.

The investment for the project is estimated at RMB500 million ($110 million).

...

Tritech gains on China contract win

EVENING 5: Maybank IB tells clients to go defensive

The increased RM25 million allocation in the 2025 Budget for rare disease treatment costs is expected to improve haemophilia care, said Bentong Member of Parliament (MP) Young Syefura Othman.

Increased allocation for rare diseases expected to assist haemophilia treatment, says Bentong MP

Electrical engineering services provider HE Group Bhd (KL:HEGROUP), which was listed on the ACE Market in January, said its major shareholders plan to dispose of 4.54% of their shares to comply with a Bumiputera equity condition set by the authorities.

HE Group's major shareholders to sell 4.54% stake to Bumiputera investors

Construction player Gagasan Nadi Cergas Bhd (KL:NADIBHD) is buying two companies for RM185 million, cash, to gain control of Konsortium PAE Sepakat Sdn Bhd (KPSSB), which owns a facility management concession for student hostel facilities in seven polytechnic campuses.

Gagasan Nadi Cergas buys student hostel management concession for RM185m

The US stock market is unlikely to head into a bear market in the next 12 months, with a resilient economy continuing to support equities, according to Goldman Sachs Group Inc strategists.

Goldman strategists see little chance of post-poll bear market

Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in car shipments, as the luxury sports car maker continued to benefit from a richer product offer and increased demand for personalisation.

Ferrari's core profit rises 7%, helped by product mix, personal touches

Burger King parent Restaurant Brands and KFC owner Yum Brands missed market estimates for quarterly results on Tuesday, hit by weak demand in the United States and abroad from budget-stretched customers.

Burger King, KFC owners miss results estimates as fast-food spending wanes

Malaysia will be the first Southeast Asian country to host the Smart City Expo (SCE) in Kuala Lumpur from Sept 17-19, 2025. It highlights the country’s commitment to innovation and sustainable digital city development while positioning itself as a leading nation in Asean.

KL gears up for Southeast Asia's inaugural Smart City Expo — Gobind

Healthcare personnel are reminded to report adverse drug reaction to ensure user safety.

According to the Ministry of Health (MOH) in a statement on Tuesday, safety monitoring measures are very important to ensure medicines in the market continue to be safe for use.

Healthcare workers reminded to report adverse drug reaction — MOH

Housing and Local Government Minister Nga Kor Ming urged the international community to promote people-public-private partnerships (4P) for sustainable cities and communities.

Speaking at the 12th World Urban Forum Business Assembly in Cairo, Egypt he said a better quality of life for the citizens cannot be delivered without the full participation of the private sector.

Nga calls for global support of people-public-private partnership for sustainable cities

The High Court here has ordered an automotive trader of parts and lubricants to pay RM516,777 to Perodua Otomobil Kedua Sdn Bhd and Perodua Sales Sdn Bhd for selling counterfeit Perodua lubricants bearing Perodua trademarks.

Automotive trader ordered to pay RM516k to Perodua for selling counterfeit lubricants

KUALA LUMPUR (Nov 5): The Road Transport Department (RTD) and the Transport Ministry have been issued a letter of demand (LOD) over alleged copyright infringement in relation to the special “MADANI” vehicle number plates.

Special ‘MADANI’ vehicle number plates: RTD, Transport Ministry hit with letter of demand for ‘copyright infringement’

KUALA LUMPUR (Nov 5): Palm oil prices will strengthen in 2025, as tight supply of edible oil boosts earnings of Malaysian planters, AmInvestment Bank said in recommending that investors add exposure to the sector.

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WHILE equity analysts are mixed on the possible outcome of the much-anticipated US presidential election on Tuesday (Nov 5), they observe that investors are taking a wait-and-see approach since a Democratic or Republican victory will have a different impact on market sentiments and performance.

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Maybank Investment Bank has warned Asean investors of potential economic turbulence and a surge in trade tensions, amid anticipation of more import tariff hikes&nbsp;if Donald Trump wins a second term as the US president.

Maybank IB tells clients to go defensive, warns of potential economic risks brought by new US president

THE Genting group seems to have been dealt several bad hands in North America this year.

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Cost of seeking growth abroad for Genting Malaysia

KUALA LUMPUR (Nov 5): Malaysia aims to attract both affluent locals and foreigners having assets under management (AUM) between RM500 million and RM1.2 billion to establish their family offices in the country over the next five years.

Amir Hamzah: Malaysia to attract family offices with assets of RM500m to RM1.2b

Malaysia's rubber glove export is expected to climb 16% to a new record of RM13.7 billion in 2024, following the historic high of RM11.8 billion achieved in 2023, said Deputy Plantation and Commodities Minister Datuk Chan Foong Hin.

Malaysia's rubber glove exports to hit new record high this year, says Plantation Ministry

Logistics service firm Xin Hwa Holdings Bhd (KL:XINHWA) said on Tuesday its cargo transport unit’s licence to transport goods has been suspended by authorities, which it expects to adversely impact its operations.

Xin Hwa warns of adverse impact as cargo transport unit’s licence suspended by authorities

The top 15% (T15) income group to be excluded from the proposed targeted RON95 petrol subsidy will not be solely defined by the Household Income Survey, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Household income not sole measure for defining T15, says Amir Hamzah of targeted RON95 subsidy

Shares of Petronas Chemicals Group Bhd (KL:PCHEM) fell to their lowest in four and a half years after dropping 44 sen or 8.04% to close at RM5.03 on Tuesday, a level last seen in April 2020, as expectations mount that the group would be posting weaker results.

PetChem shares dive to lowest in over four years as expectations for weaker earnings mount

The liquidator of Semantan Estate (1952) Sdn Bhd, the firm embroiled in the ‘Duta Enclave’ dispute, is appealing against the High Court’s decision on Sept 12&nbsp;to allow a stay to the Federal Territory Land Registrar of having to register the transfer of ownership from the Malaysian government to the company within three months of its Aug 7 decision.

Semantan Estate liquidator also appealing stay granted to FT Land Registrar

IHH Healthcare Bhd (KL:IHH) has completed the acquisition of Island Hospital, a 600-bed facility in Penang, for an equity consideration of approximately RM3.9 billion.

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The federal government will incorporate policies for the adoption of nuclear energy in the nation's energy mix under the upcoming 13th Malaysia Plan, set to be implemented from 2026 to 2030, as part of its goal to achieve net zero carbon emissions by 2050.

Government to include nuclear energy policies in 13th Malaysia Plan — Rafizi

KUALA LUMPUR (Nov 5): IOI Corp Bhd (KL:IOICORP) estimates that the revision of the new minimum wage to RM1,700 from RM1,500, together with the introduction of mandatory foreign worker contribution to the Employees Provident Fund (EPF) that was announced recently under Budget 2025, will impact less than 1.5% of the group’s annual net profit.

IOI Corp sees less than 1.5% impact on profit from mandatory foreign worker contribution to EPF, new minimum wage

ON Tuesday, Nov 5, Americans will go to the polls to elect their 47th president. Incumbent Joe Biden’s four-year term of office ends at noon on Jan 20 next year, when a new president will be sworn in. Since mid-July when Biden, 82, announced that he would not seek re-election, the race has litera...

Who will win the US election and should you care?

KUALA LUMPUR (Nov 5): Shares of Dayang Enterprise Holdings Bhd (KL:DAYANG) rose on Tuesday after bagging a contract, and analysts say the win reinforced their view that the oil-and-gas services firm would be in line for more jobs.

Dayang Enterprise’s shares rally on contract win, analysts upbeat on more jobs ahead

IOI Corp Bhd (KL:IOICORP) said on Tuesday it has allocated part of its aged plantation landbank in Johor to build a solar power plant, in a move to venture into the renewable energy sector.

IOI Corp allocates land in Johor for solar power plant

When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation US$25,000 (RM108,937) electric vehicle, the automaker’s stock plunged. Chief executive Elon Musk rushed to respond on X, his social-media network.

Musk now says it's 'pointless' to build a US$25,000 Tesla for human drivers

Construction firm Aneka Jaringan Holdings Bhd (KL:ANEKA) has secured a RM39 million contract to undertake earthwork, piling, pile caps and contiguous bored piling works in Jalan Pantai Sentral, Kuala Lumpur.