Some 23.36 million shares of Cape EMS Bhd (KL:CEB), representing a 2.37% stake, were traded off-market on Thursday and a large bulk of the shares changed hands at below closing price of 47.5 sen.

Another 2.37% stake in Cape EMS change hands off-market

Cape EMS Bhd's (KL:CEB) share price has fallen like a rock, plunging from RM1.01 in mid-July to an all-time low of 40.5 sen on Aug 6.

Some quarters blamed it on the share sales by the company's managing director and chief executive officer (CEO) Christina Tee Kim Chin.

Was CEO's share sales the cause of Cape EMS share price plunge?

American tyre company Goodyear has put its factory in Shah Alam’s Section 15 up for sale, following its March decision to shut down its manufacturing facility in Malaysia as part of its cost restructuring efforts.

Goodyear seeking buyers for its Shah Alam factory

Petroleum Sarawak Bhd, the state-owned oil and gas company also known as Petros, has signed gas sale agreements (GSAs) with Sarawak Petchem Sdn Bhd and Sarawak Energy Bhd to kick off its role as Sarawak's sole gas aggregator to buy and sell all natural gas in the state.

Petros one step closer to controlling Sarawak gas trade

The first half of 2024 (1H2024) was not short of media headlines highlighting stocks hitting their historical highs, as sentiment was propped up by a myriad of drivers, from rate cut expectations, artificial intelligence (AI) or data centre-driven interest to Putrajaya-led efforts to coordinate government-linked entities in repatriating their foreign earnings and higher domestic investments.

Equity bulls propel 144 stocks on Bursa to record highs in 1H2024

Malaysia's government bond supply may slow in the second half and be on track to fall for the full year of 2024 amid smaller deficit financing requirements and strong investor demand, analysts said.

Malaysia govt bonds supply may slow in second half of 2024

Singapore Telecommunications Ltd, commonly known as Singtel, is believed to be the latest international company to be setting up a data centre in Johor, Malaysia.

Singtel in talks to build data centre in Johor — sources

The Ministry of Transport (MOT) is believed to have terminated a 15-year concession agreement for port dredging and reclamation works with Integrated Marine Works Sdn Bhd (IMW) as the company has failed to remedy default in certain payments, according to a source.

MOT terminates 15-year port dredging concession with Integrated Marine Works due to payment defaults — source

Johor Plantations Group Bhd has secured five cornerstone investors for what would be the largest initial public offering (IPO) in more than two years, according to people familiar with the matter.

Johor Plantations signs five cornerstone investors for IPO to raise over RM700 mil, sources say

The move by the government to implement the diesel subsidy rationalisation is a positive step in the right direction towards better fiscal management, despite potential backlash from the public, economists argue.

Diesel subsidy rationalisation a step in the right direction, economists say 

Penang Development Corporation’s (PDC) lawyers are currently reviewing The Edge’s report on the controversial land deal in Batu Kawan, as it considers legal action against the publication.

PDC mulling suit against The Edge over report on controversial Batu Kawan project 

Permodalan Nasional Bhd (PNB) and the Employees Provident Fund will be receiving a total of RM12.55 billion in FY2023 dividends from the top 50 Malaysian public-listed companies with substantial stake held by government-linked investment companies (GLICs), with PNB reaping RM6.6 billion, and the pension fund RM5.95 billion.

PNB, EPF bag RM12.55 bil in FY2023 dividends from top 50 PLCs

Trading volume of small-cap stocks that came under heavy selling pressure soared to record highs. Several of them dominated the most actively traded list on Monday as some share prices reversed their downward trend.

Battered small-cap stocks top active list; trading volumes swell to record 

More counters tanked on Bursa Malaysia on Wednesday, with several hitting limit-down and a couple having their short-selling suspended, as heavy selling pressure that first affected a few stocks last week appear to have spread.

Multiple stocks tank as sell-off spreads

Plenitude Bhd (KL:PLENITU) has unveiled Astera, a two-storey terraced house development worth RM209 million in gross development value, at its Impian Hills township in Ulu Tiram, Johor, according to a press statement on Tuesday (Sept 10).

Plenitude unveils two-storey landed residential development Astera at Impian Hills in Johor

The world’s advanced economies might just have a new reason to hope for a firmer growth footing in the next year, if some of the most bearish forecasts for oil hit the mark.

Oil’s fall into US$60s widens runway for global economy to make soft landing

Malaysia's first luxury airport transit hotel, CapsuleTransit MAX, officially opened on Sept 3, according to a press release on Sept 3.

Malaysia's first luxury airport transit hotel CapsuleTransit MAX opens at KLIA Terminal 2

The UK economy stagnated for a second month in July, suggesting that a rapid recovery from recession is now losing momentum in a blow for Prime Minister Keir Starmer.

UK economy stagnates for second month in setback for Starmer

Malaysia’s semiconductor industry, a crucial component of the global supply network, now stands at a pivotal moment with an opportunity to redefine its trajectory and strengthen its position in the supply chain.

Securing Malaysia’s position in the global semiconductor supply chain

The much-anticipated reopening of Stadium Merdeka finally happened on Aug 17 in conjunction with the Sultan of Selangor’s Cup, where Selangor edged out Singapore 2-1. The stadium was closed in 2016 to make way for the construction of the soon-to-be-opened Merdeka 118 tower.

Stadium Merd...

Stadium Merdeka returns to its former glory

Malaysia will continue exploring the field of unmanned aerial vehicle (UAV) or drone technology through collaboration with China, focusing on the exchange and sharing of expertise and technology.

Malaysia explores collaboration with China in UAV technology — DPM Ahmad Zahid

(Sept 11): Palm oil fluctuated on its poor production outlook and concerns about the tropical oil’s biofuel appeal, following recent declines in petroleum prices.

Palm oil swings on biofuel demand outlook and output concerns

Bitcoin slid as investors reacted to the US presidential debate between Democratic nominee Kamala Harris and Republican rival Donald Trump, who has embraced the crypto sector.

Bitcoin dips as Harris and pro-crypto Trump clash in debate

ROTTERDAM (Sept 11): The European Union (EU) Commission is still preparing the guidelines on its deforestation-free products regulation (EUDR), which is scheduled to come into effect on December 30 this year.

Henriette Faergemann, first counsellor for environment, climate action, and di...

New FAQs on deforestation-linked goods regulation to be published next week, says EU counsellor

KUALA LUMPUR (Sept 11): Malayan Banking Bhd (KL:MAYBANK) said on Wednesday that it has invested in Funding Societies — the fintech company that operates a digital funding and debt investment platform for small businesses.

Maybank announces investment in Funding Societies

All 156 units of Sunway Maple Residence Phase 1 in Sunway City Iskandar Puteri (SCIP), Johor, were fully taken up within two hours of the launch last weekend, according to Sunway Property, the real estate arm of Sunway Bhd (KL:SUNWAY), in a media statement on Wednesday.

Sunway City Iskandar Puteri's first freehold landed homes snapped up within two hours of launch

Democratic Vice President&nbsp;Kamala Harris&nbsp;put Republican&nbsp;Donald&nbsp;Trump&nbsp;on the defensive at a combative presidential debate on Tuesday with a stream of attacks on abortion limits, his fitness for office and his myriad legal woes, as both candidates sought a campaign-altering moment in their closely fought election.

Taylor Swift-backed Harris puts Trump on defensive in fiery debate

The plantation sector is facing increasing pressure, as crude palm oil (CPO) loses its traditional price edge over soybean oil, raising concerns about palm oil's future competitiveness, analysts said.

Palm oil sector faces headwinds as CPO's edge over soybean oil seen narrowing

Former prime minister Tan Sri Muhyiddin Yassin will continue to stand trial for four abuse of power charges related to the Jana Wibawa programme at the Sessions Court.

Muhyiddin's power abuse trial to continue as appellate court dismisses review bid

Asian stocks slipped on Wednesday on growth concerns, ahead of a US inflation report, and as traders weighed the knock-on effects of the presidential debate. The yen strengthened after a Bank of Japan (BOJ) board member signalled more interest-rate increases.

Asian stocks dip as US debate unfolds, yen gains

A proposed new tax on sugary drinks in the upcoming Budget 2025 will affect manufacturers, including Nestlé (Malaysia) Bhd (KL:NESTLE) and Berjaya Food Bhd (KL:BJFOOD), CIMB Securities said.

High-sugar drinks may cost more under proposed Budget 2025 measure

Mapletree Logistics Trust (MLT) has proposed to divest three of its properties in Malaysia for RM157.5 million.

Mapletree Logistics Trust to divest three Malaysian properties for RM157.5m

KUALA LUMPUR (Sept 11): BIMB Securities has maintained an “overweight” rating on the oil and gas (O&amp;G) sector, despite lowering its 2024 average Brent crude oil forecast to US$80 (RM347)/barrel (bbl) from USD85/bbl, and introducing a 2025 forecast of US$75/bbl.&nbsp;

BIMB Securities keeps ‘overweight’ stance on O&G sector despite lowering its average Brent forecast for 2024

Analysts believe Hong Leong Bank Bhd's (KL:HLBANK) 19.76%-owned listed associate Bank of Chengdu's asset quality should remain resilient, due to excellent precautionary and strict measures taken.

Analysts expect Bank of Chengdu's asset resilience, strict policies to benefit Hong Leong Bank

Rental rates for logistics spaces across Southeast Asia rose 2.5% on average in the first half of 2024, driven by increases in Vietnam, Greater Jakarta, Manila and Singapore, according to Knight Frank LLP’s Asia-Pacific Logistics Markets report for 1H2024.

Logistics rental in KL to stay flat next 12 months — Knight Frank

KUALA LUMPUR (Sept 11): Muhammed Yusoff Rawther, who had previously worked with Datuk Seri Anwar Ibrahim when he was opposition leader, has been remanded by the police since last Friday (Sept 4).

Anwar-accuser Yusoff Rawther remanded since Friday over purported drug and pistols found in car

A rally in the world’s biggest technology companies lifted stocks, countering a slew of cautious comments from American bank executives that sent financial shares tumbling.

Wall Street gets tech boost despite ‘big bank gloom'

Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Wednesday it had secured a RM292.8 million contract for building works in Kuala Lumpur.

Kerjaya Prospek gets RM292.8m construction contract

KUALA LUMPUR (Sept 11): Former attorney general (AG) Tan Sri Tommy Thomas’ bid to recuse a High Court judge presiding over Tan Sri Shahrir Abdul Samad’s malicious prosecution suit against him will be heard on Nov 6 this year.

Ex-AG Tommy Thomas’ bid to recuse judge in malicious prosecution suit to be heard in November

KUALA TERENGGANU (Sept 11): Terengganu Incorporated (Terengganu Inc), in collaboration with&nbsp;TNB Power Generation Sdn Bhd (TNB Genco), has launched a floating solar farm at Lake Kenyir, expected to generate up to 2,000 megawatts (MW) of electricity.

Terengganu Inc, TNB Genco launch 2,000MW floating solar farm at Lake Kenyir

The downside risk to the US dollar posed by the Federal Reserve’s (Fed)&nbsp;coming interest-rate cuts is limited because other central banks are easing policy, too, according to an analyst from Goldman Sachs Group Inc.&nbsp;

Goldman says global rate-cutting cycle bodes well for US dollar

US Vice President Kamala Harris slammed her presidential rival Donald Trump for not protecting American interests against China, and lambasted his public praise for Chinese leader Xi Jinping during the global Covid-19 pandemic. &nbsp;

Harris says Trump ‘sold us out’ to China, slams his praise of Xi

Alpha IVF Group Bhd's (KL:ALPHA) subsidiary&nbsp;Alpha International (Shanghai) Medical Consulting Ltd has launched a new operation in Shanghai, China, to capitalise on the country's rapidly growing in-vitro fertilisation (IVF) market, and expand the group's regional presence.

Alpha IVF expands to Shanghai to tap China's growing fertility market

（吉隆坡11日讯）联昌国际证券表示，2025年财政预算案将对含糖饮料征收新税，将影响雀巢（Nestlé (Malaysia) Bhd）（KL:NESTLE）及成功食品（Berjaya Food Bhd）（KL:BJFOOD）等制造商。

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