Swift Energy Technology Bhd (KL:SET) ended its first day of listing with a 41.07% gain; it was the first listing for 2025, after the industrial services firm’s initial public offering (IPO) grossed RM84.07 million.

The strong debut reinforces optimism for a boom in the market that last year saw the highest number of IPOs in nearly two decades. This year, Bursa Malaysia is aiming to host 50 IPOs.

Swift Energy gains 41% at close of ACE Market debut in 2025's first listing

Swift Energy Technology Bhd (KL:SET), listed on Wednesday, has already attracted the attention of two analysts projecting sharp earnings growth for the industrial services firm.

Newly-listed Swift Energy attracts analyst coverage projecting sharp earnings growth

KUALA LUMPUR (Dec 19): Aluminium products maker Winstar Capital Bhd (KL:WINSTAR) rose 45.7% on its ACE Market trading debut on Thursday.

Winstar Capital rises over 45% on ACE Market debut

KUALA LUMPUR (Dec 19): Aluminium products maker Winstar Capital Bhd (KL:WINSTAR) is expecting sales to grow in 2025, with the removal of China’s export tax rebates for aluminium products, and the upcoming implementation of the fifth iteration of Malaysia’s large scale solar programme (LSS5).

Winstar eyes sales growth amid China tax shift, LSS5 opportunities

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

Vanzo Holdings Bhd (KL:VANZO) ended its ACE Market debut on Tuesday with a 10% rise from its initial public offering (IPO) price of 15 sen, raising close to RM21 million.

Vanzo closes 10% above IPO price on ACE Market debut

TopVision Eye Specialist Bhd (KL:TOPVISN) ended its first day of listing on the ACE Market on Monday with a 3% rise from its initial public offering (IPO) price of 33 sen.

TopVision closes 3% above IPO price on ACE Market debut

TMK Chemical Bhd (KL:TMK) ended its first day of listing on the Main Market on Thursday with a 9.71% rise from its initial public offering price (IPO) of RM1.75.

TMK Chemical closes 9% above IPO price on Main Market debut

TP TEC Holding Bhd (KL:TPTEC) made its debut on the LEAP Market on Wednesday, opening at 13 sen per share, representing a 30% premium to its reference price of 10 sen.

TP TEC Holding debuts on LEAP Market at 30% premium to reference price

Shares of Cropmate Bhd (KL:CRPMATE) ended its first day of listing on the ACE Market with a 5% gain, after its initial public offering (IPO) raised some RM42 million for the fertiliser company to fund its operations and expansion.

Fertiliser company Cropmate closes 5% above IPO price on ACE Market debut

Supreme Consolidated Resources Bhd (KL:SUPREME) ended its first day of listing with a 22% gain, after the frozen food processor’s initial public offering (IPO) on the ACE Market raised RM17.5 million.

Supreme Consolidated gains 22% at close of ACE Market debut

(Nov 27): Shares of NTPC Green Energy Ltd rallied in their trading debut, driven by investor demand for India’s rapidly expanding renewable power sector, while the country remains among the global hotspots for raising fresh capital.

NTPC Green jumps in Mumbai debut on demand for renewables

SYDNEY (Nov 27): Shares of Chinese courier group SF Holding opened flat on Wednesday in the company's trading debut, after it raised US$749.3 million (RM3.33 billion) in a Hong Kong listing.

China courier group SF Holding's shares open flat in Hong Kong trading debut

KUALA LUMPUR (Nov 15): Shares of Metro Healthcare Bhd (KL:METRO) edged higher on Friday in its trading debut on the ACE Market, after the fertility and maternity specialist raised RM39.16 million from its initial public offering (IPO).

Metro Healthcare ekes out tiny gain on ACE Market debut after RM39 mil IPO

Nvidia Corp chief executive officer Jensen Huang is embarking on a trip to China this week, visiting major cities at a time Beijing is investigating his company’s domestic presence and Washington is slapping new curbs on the sale of its artificial intelligence (AI) chips abroad.

Nvidia CEO to tour China amid Beijing antitrust probe, US chip sale curbs, Bloomberg reports

Loo’s belated return and Najib’s apology take public by surprise

2024 Newsmakers: Better late than never

DOHA/CAIRO (Jan 14): Negotiators will meet in Doha on Tuesday, seeking to finalise details of a plan to end the war in Gaza, after US President Joe Biden said a ceasefire and hostage release deal he has championed was on "the brink" of coming to fruition.

Gaza ceasefire deal close after 'breakthrough' in Doha

The Malaysian Palm Oil Board (MPOB) is expecting tight global supply, partly due to Indonesia's upcoming B40 biodiesel mandate, to keep crude palm oil (CPO) prices firm in 2025.

Tight supply, biodiesel mandate to support CPO prices in 2025 — MPOB

What is the common denominator between Transport Minister Anthony Loke Siew Fook, IJM Corp Bhd boss Datuk Lee Chun Fai and Pestech International Bhd group CEO Paul Lim Pay Chuan? They have signed up for a ride to fix the 25-year-old aerotrain service at Kuala Lumpur International Airport, which i...

2024 Newsmakers: The country’s longest train journey

Juggling political ‘hot potatoes’ left some burn marks

2024 Newsmakers: Taking on unpopular issues

South Korea's Constitutional Court adjourned the opening session of the impeachment trial of suspended President Yoon Suk Yeol within minutes on Tuesday after the embattled leader did not attend court.

Impeachment trial of South Korea's Yoon adjourned after he does not attend

PUTRAJAYA (Jan 14): Former prime minister Datuk Seri Najib Razak told the court on Tuesday that none of the purported 1Malaysia Development Bhd (1MDB) funds spent on corporate social responsibility (CSR) projects benefitted him, or boosted his personal image.

1MDB-Tanore: CSR projects not to boost personal image, nor for personal benefit, says Najib

In early 2024, the unity government was still just slightly over a year old, with a reshuffled cabinet to boot, but the show had to go on.

2024 Newsmakers: Running the show

The year 2024 marks the second year of the unity government, formed after the 15th general election (GE15) was held in late 2022, where no single coalition won enough seats to form a government. It must have taken some deft negotiating skills on the part of the leader of the unity gover...

2024 Newsmakers: Maintaining the balance of power

KUALA LUMPUR (Jan 14): Shares of Yinson Holdings Bhd (KL:YINSON) were suspended from trading on Tuesday, pending an announcement from the oil and gas services firm.

Yinson shares suspended from trading pending announcement

Gamuda Bhd (KL:GAMUDA) is in the running to secure the remaining two packages of the Penang Light Rail Transit project, analysts said, after its consortium secured the main contract as expected.

Gamuda in the running for second, third Penang LRT work packages, say analysts

KUALA LUMPUR (Jan 14): Nomura Global Markets Research expects Malaysia will tighten its monetary policy this year, due to rising inflation driven by the rationalisation of fuel subsidies.

Nomura predicts rate hike for Malaysia as strong growth leads to pickup in inflation

(Jan 14):&nbsp;Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok, if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

China discusses sale of TikTok US to Musk as one possible option — Bloomberg

(Jan 14):&nbsp;Asian stocks look set for a bumpy ride after renewed dip buying on Wall Street fueled a rebound in some shares, reversing a selloff triggered by a recalibration of Federal Reserve wagers.

Asian shares look shaky as fed rate-cut hopes dim

Mah Sing Group Bhd (KL:MAHSING) said it is confident that its data centre projects will pass through the proposed US restrictions on the export of artificial intelligence (AI) chips.

Mah Sing confident data centre projects will pass through potential US chip export restrictions

COMING off a lacklustre 2023 in which the equity market struggled to get back on its feet amid harsh economic circumstances, Bursa Malaysia roared back to life in the first eight months of the year, mainly on the back of foreign investor buying, before easing in the last four months to trail Sing...

Market Recap: Bursa Malaysia’s biggest winners and losers in 2024

(Jan 14): A renewed wave of dip buying fuelled a rebound in stocks, following a selloff triggered by a recalibration of Federal Reserve wagers.

US stocks stage rebound as dip buyers wade back in 

The High Court has dismissed former attorney general Tan Sri Tommy Thomas' attempt to remove judge Roz Mawar Rozain from presiding over the malicious prosecution suit filed against him (Thomas), the Malaysian Anti-Corruption Commission, and the government by former Federal Land Development Authority chairman Tan Sri Shahrir Samad.

Tommy Thomas fails to recuse judge in Shahrir's malicious prosecution suit

(Jan 14):&nbsp;Oil held near a five-month high, on threats to global supplies posed by harsher US sanctions against Russian flows and potential trade tariffs from the incoming Trump administration.

Oil holds near five-month high on rising risks to crude supplies

(Jan&nbsp;13): A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world's biggest investor, left amid a political backlash in the United States.

Investor climate group suspends activities after BlackRock exit

THE 19th edition of The Edge Best Call Awards received an overwhelming number of submissions, with 135 nominations coming in for 96 stocks covered by analysts with 17 research outfits.

This is 93% of the total submissions we received for 2022 and 2023 put together. We received 73 nomina...

The Edge Best Call Awards 2024 

THE Kuala Lumpur Construction Index (KLCON) had shot up 59% to 305.27 points as at Dec 20. This was the index’s biggest annual increase in its 31-year history.

KLCON’s valuation had risen from a 10-year average of 13 times to 17.8 times. The keen interest in construction stocks, driven ...

Sector Of The Year: Positive momentum in construction sector expected to continue in 2025 

THE year 2024 was a turning point for the Malaysian equity market. After three consecutive years of negative returns, the benchmark FBM KLCI finally delivered its first annual gain in 2024, emerging as one of the best-performing markets in the region.

The 30-stock index closed at 1,591....

FBM KLCI to post first annual gain in three years amid rise of data centres, FDIs

DATA centres (DCs) have been sprouting in Malaysia, particularly in Selangor, over the years or decades even, but DCs as an investment play is quite a new development on the Malaysian stock market.

Interestingly, at the start of 2024, a sudden rise in foreign direct investment (FDI) in ...

Thematic Play: Data centre a new theme that gathers steam

Consumer spending in Malaysia appears resilient and may be sustained in the near term with policy measures, economists said, shrugging off the latest data showing slower retail and wholesale trade.

Consumer spending sustained in near term but downside risks are rising, say economists

MALAYSIA’s number of initial public offerings (IPOs) reached its highest level in 2024 since 2005, leading regionally in terms of the number of deals. In 2005, Malaysia’s IPO count stood at 79.

This resurgence was largely driven by the listings of 99 Speed Mart Retail Holdings Bhd (KL:9...

IPOs - Malaysia’s IPO market reaches new high in nearly two decades, leads Southeast Asia

A pair of Chinese-made social apps, Xiaohongshu and Lemon8, have taken over the top two positions on Apple Inc’s iPhone download charts in the US as users seek out alternatives to TikTok ahead of an imminent ban.

Risk of TikTok ban has users rushing to download two other Chinese-made apps

WASHINGTON (Jan 13): Traffic in Manhattan's central business district fell by 7.5% last week and 273,000 fewer cars entered the borough's central business district after the first congestion pricing fee in the US took effect on Jan&nbsp;5, New York City transit officials said on Monday.

Traffic falls in New York City after US$9 congestion fee introduced

WASHINGTON (Jan 13): Two Democratic lawmakers on Monday urged Congress and President Joe Biden to extend a Jan&nbsp;19 deadline for China-based ByteDance to sell the US assets of TikTok, or face a US ban.

The&nbsp;Supreme Court held arguments&nbsp;Friday on Tiktok and ByteDance's challe...

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