Digital Minister Gobind Singh Deo said highly classified public-sector data is prohibited from being stored in cloud environments, which allow data to be kept and accessed over the internet.

Gobind: Highly classified public-sector data barred from cloud storage

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

SD Guthrie, MISC, Yinson, Gamuda, Zetrix AI, LYC Healthcare, Computer Forms, Bus Cap, South Malaysia Industries 

Prime Minister Datuk Seri Anwar Ibrahim's answers in Parliament on Tuesday had avoided the key issue of alleged enforcement agency collusion with a purported "corporate mafia", said Bersama leader Datuk Seri Rafizi Ramli.

PM avoided core issue of 'corporate mafia' allegations, says Rafizi

China's commerce ministry on Tuesday criticised a US government order banning Chinese AI model DeepSeek from federal agency IT systems, saying it harmed Chinese firms' interests and disregarded understandings reached by the countries' leaders.

China says US' DeepSeek ban disregards Xi-Trump consensus

The Ministry of Housing and Local Government (KPKT) will allocate RM150 million from 2026 to 2030 to repair and upgrade public toilets managed by local authorities (PBTs).

KPKT to allocate RM150m for public toilet upgrades from 2026 to 2030

Wall Street's main indices climbed on Tuesday as healthcare stocks hit a record high and easing oil prices boosted investor sentiment, while markets continued to stabilise following last week's technology-led sell-off.

Wall Street gains as healthcare stocks rally, oil prices fall

Pending sales of existing US homes fell to a record low in September as high mortgage rates continued to weigh on demand.

US pending home sales plunged in September to a record low

South Malaysia Industries Bhd (KL:SMI) has succeeded in its bid to remove six directors nominated by a substantial shareholder after the High Court quashed the Securities Commission Malaysia’s (SC) approval of their appointment.

South Malaysia Industries wins court battle to remove 6 directors picked by major shareholder and approved by SC

Overnight curfews in violence-hit zones of France's biggest cities helped bring respite from the nation's worst unrest in years, the government said, ahead of more protests planned for the weekend.

Curfews help calm France but more protests planned

General Electric Co raised its full-year outlook amid strong aircraft engine demand, in a sign that air travel has yet to retreat despite resurgent jet fuel prices.  Adjusted earnings will be US$8 to US$8.10 a share this year, up from a prior range of US$7.65 to US$7.85, the company said as it reported third-quarter earnings on Tuesday.

GE lifts outlook as air travel boom shrugs off fuel costs

Serba Dinamik Holdings Bhd founder Datuk Mohd Abdul Karim Abdullah has been placed on an Interpol Red Notice to help locate and arrest him.

Serba Dinamik founder Abdul Karim on Interpol Red Notice, says Anwar

Existing laws governing Malaysia's financial and enforcement agencies are adequate to tackle corporate crime, said Prime Minister Datuk Seri Anwar Ibrahim on Tuesday, stressing that effective enforcement depends on clear leadership direction and political will.

Anwar cites three cases of owners forced to sell their firms over politics post-Asian Financial Crisis

Malaysia Rail Link Sdn Bhd (MRL) will offer a 30% discount on East Coast Rail Link (ECRL) economy-class tickets for one month to mark the launch of the service on Dec 12.

Loke: 30% discount on ECRL economy-class tickets for first month of operations

Attorney General Tan Sri Mohd Dusuki Mokhtar has confirmed that Malaysian Border Control and Protection Agency director general Datuk Seri Mohd Shuhaily Mohd Zain will face charges over the alleged assault of two policemen at Kuala Lumpur International Airport (KLIA).

AG confirms Border Control DG Shuhaily to face charges for voluntarily causing hurt

DURING the Covid-19 lockdown, Datuk Seri Andrew Tan Jun Suan, managing director and 53.86% shareholder of Tanco Holdings Bhd (KL:TANCO), was at his beachside resort in Port Dickson, pondering over a long-standing plan to build an integrated resort city that required a large investment.

...

From beach resort to seaport — is Tanco for real?

SINCE the beginning of the year, Sunway Bhd (KL:SUNWAY) shares have declined more than 20%. From a record high of RM5.98 in February this year, the stock has fallen by almost 30%, coming on the heels of Sunway’s failed bid earlier this year to take over rival IJM Corp Bhd (KL:IJM) for RM3.15 bill...

Sunway shares slide as investors await fresh rerating catalysts

Big Caring Group Bhd plans to launch its share sale this month in a bid to raise some RM2.45 billion, the Wall Street Journal reported.

Big Caring to launch Main Market IPO by end-October to raise some RM2.45b — report

The Court of Appeal has upheld a Kuala Lumpur High Court summary judgment that had been entered against Indonesian businessman Datuk Jovian Mandagie over a friendly loan of about RM5 million each given by two companies.

COA upholds summary judgment on Ismail Sabri’s former son-in-law Jovian Mandagie

Gamuda Bhd (KL:GAMUDA) has signed an agreement with the Perak government to develop and operate the Northern Perak Water Supply Scheme, which will transfer up to 1,500 million litres per day (MLD) of raw water from Sungai Perak to Bukit Merah Dam.

Gamuda signs agreement with Perak government for 1,500 million litres per day water supply scheme

<h2>Notable filings</h2>

Over the week of Sept 28 to Oct 2, notable filings on shareholding changes among Bursa Malaysia-listed companies included those at Avangaad Bhd (KL:AVANGAAD).

Sindora Bhd and Kulim (M) Bhd, both controlled by Johor Corp Bhd, the investment ar...

Insider Moves: Avangaad Bhd, Greatech Technology Bhd, Inari Amertron Bhd, Johor Plantations Group Bhd, Southern Cable Group Bhd, IJM Corp Bhd

At a meeting on Sunday afternoon involving officials from Indonesia’s Financial Services Authority and the country’s stock exchange, some attendees were surprised to see several prominent Instagrammers present.

Indonesia’s influencer strategy jars investors facing MSCI risk

Prime Minister Datuk Seri Anwar Ibrahim on Tuesday denied that prosecutions over questionable transactions in the Federal Land Development Authority (Felda) were selective, saying that investigations needed time but were never blocked.

Anwar rejects selective prosecution claims in Felda probe, says investigations take time

A waiver of export tax on palm oil reportedly under consideration could help Malaysia claw back some market share from Indonesia, an analyst said on Tuesday.

Palm oil export tax waiver could help Malaysia regain market share, says analyst

Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon (TS Wong) has offloaded another 3.13 million shares, bringing his stake down to 1.85%.&nbsp; 
&nbsp;

Zetrix AI MD TS Wong's stake down to 1.85% 

Sultan of Selangor Sultan Sharafuddin Idris Shah has warned members of the Selangor royal family against exploiting their royal status to deceive others for personal gain.

Selangor sultan warns royal family against abusing status for personal gain

The Securities Commission Malaysia has extended the deadline to Nov 30 for major shareholders MISC Bhd (KL:MISC) and the Employees Provident Fund (EPF) to announce whether they intend to take Yinson Holdings Bhd (KL:YINSON) private. 
&nbsp;

SC extends deadline to Nov 30 for MISC, EPF to declare intention on Yinson privatisation

CIMB Group Holdings Bhd (KL:CIMB) has announced that Tan Sri Dr Wee Hoe Soon @ Gooi Hoe Soon, 66, will be joining its board as an independent and non-executive director on Jan 1, 2027.&nbsp;

Corporate figure Wee Hoe Soon to join CIMB Group's board at start of 2027

Data centre-related projects account for nearly half of ACE Market-bound SKA Capital Bhd's RM313.4 million outstanding order book, as the group eyes more contracts from the fast-growing sector.

ACE Market-bound SKA Capital eyes another RM500m in data centre-linked jobs to swell RM313m order book

<h3>Negeri Sembilan</h3>

RHB RESEARCH (Oct 7): Negeri Sembilan is emerging as Malaysia’s next industrial growth frontier, supported by its proximity to Greater Kuala Lumpur, competitive industrial land prices, improving infrastructure and ex...

Brokers Digest: Local Equities - Negeri Sembilan, Top Glove Corp Bhd, Mi Technovation Bhd, Empire Premium Food Bhd

ByteDance, Alibaba and Tencent have ordered more than three million of Nvidia's new RTX PRO 5500 graphics cards with a collective sticker price of over US$35 billion (RM142.9 billion), two people familiar with the matter said, in a rush for a less powerful but export-compliant chip amid US restrictions on trade with China.

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