Paramount Skydance Corp has reached a settlement with California and other states suing to block its proposed acquisition of Warner Bros Discovery Inc, according to a person familiar with the matter.

Paramount said to settle lawsuits, paving way for Warner Bros merger

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

Pekat, Gamuda, Southern Score Builders, Powerwell, Straits Energy, CTOS Digital, Dialog, Excel Force, M&A Equity, Winstar Capital & Inspace Creation

The 22nd Malaysia International Halal Showcase (Mihas), opening at the Malaysia International Trade and Exhibition Centre (Mitec) this Wednesday, is expected to attract 50,000 visitors from 45 countries.

Mihas 2026 expected to attract 50,000 visitors from 45 countries — Matrade

US Treasury Secretary Scott Bessent said the responsibility for the recent hacking incident involving OpenAI’s advanced artificial intelligence (AI) models was with that firm’s managers, while stopping short of suggesting any consequences.

Bessent holds OpenAI managers responsible for Hugging Face incident

US and Chinese officials offered upbeat assessments of their talks on artificial intelligence (AI), trade and investment, signalling a mutual desire to steady ties ahead of this week’s summit between leaders Donald Trump and Xi Jinping.

US and China hail talks as positive ahead of Trump-Xi summit

Excel Force MSC Bhd (KL:EFORCE), one of the companies linked to businessman Wong Thean Soon, has proposed a private placement to raise up to RM10.98 million for working capital and free up funds for a software project.

Excel Force proposes RM11 mil placement for working capital after TS Wong sell-off   

Gains in artificial intelligence (AI) stocks boosted the main US stock indices on Monday, as Treasury yields retreated and crude prices tumbled more than 2% to hit an 11-day low on indications of progress in Middle East negotiations.

Wall St opens higher as AI stocks advance, oil slides

US Trade Representative Jamieson Greer indicated that the country and China remain divided on the terms of a trade truce extension, suggesting that three to six months is a range that Washington could support.

Greer says US, China to continue talks on trade truce extension

Alphabet Inc’s Google announced pricing and hardware specifications for the first so-called Googlebooks, marking a push into a high-end laptop market where built-in artificial intelligence (AI) features have become the norm.

Google rolls out US$899-plus ‘Googlebook’ AI laptops with hardware partners

A minimum of 30% Bumiputera equity ownership is no longer a requirement for private limited companies operating private educational institutions (IPS) under the Ministry of Education (MOE).

Education Ministry relaxes Bumiputera equity requirement for private educational institutions

Last Friday (Sept 18), Zetrix AI Bhd (KL:ZETRIX) made an unusual and shocking announcement. The company was unable to proceed to pay to shareholders a cash dividend which was due on that day.

The Edge Says: Bursa must get Zetrix to disclose name of substantial shareholder who blocked cash dividend payment

Bank Pertanian Malaysia (Agrobank) suffered losses of RM203.8 million from close to 3,000 unauthorised transactions carried out between Oct 28 and Nov 3, 2025, according to an affidavit filed in court.

How Agrobank lost RM203.8m from its settlement account through unauthorised payment instructions

Negeri Sembilan Menteri Besar (MB) Datuk Seri Ismail Lasim said on Monday he was not consulted or advised on the termination of the state’s ten executive council (exco) members.

Negeri Sembilan MB says exco removal unconstitutional, will not submit new lineup

The Sessions Court has ordered the return of RM1.505 million to Bank Pertanian Malaysia (Agrobank) from 60 mule accounts, marking the first recovery in a much larger online fraud case in which the bank lost more than RM200 million last year.

Court orders return of RM1.5m in first recovery from Agrobank’s RM203.8m fraud case

AirAsia Group Bhd’s (KL:AAGB) pursuit of US$1 billion (RM4.08 billion) in financing from international debt markets has inevitably raised questions about whether its balance sheet can support borrowings of that magnitude and whether the government may ultimately have to step in.

Frankly Speaking: Isn’t AirAsia too big to fail?

THE four-star Cititel Penang, a 19-storey hotel along Penang Road at George Town, is up for sale at RM163 million via an expression of interest (EOI) exercise. The hotel sits on three freehold parcels (Lots 832, 833 and 834), totalling nearly one acre.

Owned by Cahaya Utara Sdn Bhd, whi...

Cititel Penang on the market for RM163 mil

Two Fridays ago, MyEG Capital Sdn Bhd, a subsidiary of Zetrix AI Bhd, disposed of its 16.9% stake in Heitech Padu Bhd (KL:HTPADU).

Frankly Speaking: Hazy shareholding structure at Heitech Padu

SOUTHEAST Asia’s (SEA) fintech space appears to be heating up.

TNG Digital Sdn Bhd, the operator of Malaysia’s most widely used e-wallet, TNG eWallet, recently sounded out several investment banks for a potential listing on Bursa Malaysia, sources say.

“[TNG Digital] invited a...

TNG Digital sounds out banks as GCash operator nears listing

WE are a country of laws. Yet several events of the past few days have wrought chaos upon the sanctity of the rule of law and the institutions established under the Federal Constitution. 
&nbsp; 
On Sept 16, 2026, Malaysians were shocked by the news that His Royal Highness the Yang di...

Opinion: An assault on the constitutional sovereignty of the Negeri Sembilan monarchy and the rule of law

KOTA BHARU (Sept 21):&nbsp;A former TH Properties deputy general manager of construction projects pleaded not guilty in the Sessions Court here on Monday to abetting a criminal breach of trust involving RM14,000 in penalty funds collected from a contractor for a commercial building project owned by Tabung Haji (TH).

Ex-TH Properties deputy GM charged again with abetting in CBT

Singapore's retrenchment rate in the second quarter of 2026 hit its highest level since the height of the Covid pandemic in late 2020, driven by business reorganisation and restructuring, the manpower ministry said on Monday.

Singapore's retrenchment rate at highest level since 2020 in 2Q this year, ministry says

KUALA LUMPUR (Sept 21): Unisem (M) Bhd (KL:UNISEM) is approaching an earnings inflection point that could see its profit after tax growth outpace revenue growth, according to CIMB Securities.

Unisem nears point where profit growth outpaces revenue, says CIMB Securities

The average monthly salary and wage of Malaysians increased by 4.1% to RM3,803 in 2025, compared with RM3,652 the previous year, according to the Salaries and Wages Survey Report 2025 published by the Department of Statistics Malaysia (DOSM) on Monday.

Malaysians’ average monthly salary up 4% to RM3,803 in 2025 — DOSM

KUALA LUMPUR (Sept 21): Gamuda Bhd (KL:GAMUDA) and Australian construction group BMD Constructions Pty Ltd have secured a A$624 million (RM1.8 billion) contract to upgrade two roads in Western Sydney.

Gamuda JV secures RM1.8 bil Western Sydney road upgrade contract

KUALA LUMPUR (Sept 21): The Sessions Court judge who had presided over former Youth and Sports Ministry personnel Otman Arsahd’s criminal case, and found him guilty of 96 counts of corruption and money laundering, had failed to appreciate all the evidence before him.

Convicted ex-sports official appeals 15-year jail term, argues evidence wasn't fairly evaluated

PINDUODUO’s growing presence in Malaysia has yet to leave a big dent in the earnings of major bricks-and-mortar retailers, but signs that consumers are becoming increasingly price-conscious as the cost of living rises could point to a more subtle challenge ahead.

The Chinese e-commerce ...

Will Pinduoduo eat listed retailers’ lunch?

Prime Minister Datuk Seri Anwar Ibrahim left the Negeri Sembilan Palace in Changkat Persekutuan here on Monday after an audience of nearly an hour with the Yang di-Pertuan Besar of Negeri Sembilan, Tuanku Muhriz Tuanku Munawir.

Anwar leaves Negeri Sembilan Palace after hour-long audience with Tuanku Muhriz

Proton Holdings Bhd on Monday launched its own automotive financing arm in a move that will provide the national carmaker a powerful tool to drive vehicle sales.

Proton sets up its own automotive financing arm

Nearly two-thirds of Malaysia’s wage earners were in semi- and low-skilled jobs in 2025, with median monthly wages of RM2,223 or less, according to the Department of Statistics Malaysia (DOSM).

Nearly two-thirds of Malaysians make RM2,200 or less a month in 2025 — official data

Hengyuan Refining Company Bhd (KL:HENGYUAN) hit a four-year high on Monday in a sudden spike in its share price, which came amid a slew of positive developments, including the renewal of a 10-year product supply deal with Shell Malaysia two weeks ago.

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