<div class=newsTextDataWrapInner>KUALA LUMPUR (Aug 7): GPRO Technologies Bhd’s market capitalisation was halved in the morning session on Tuesday following the stock tumbling in active trade after it replied to an unusual market activity (UMA) query by Bursa Securities that  it was unaware of the cause of the sharp rise in the price and high volume of the shares.</div>
<div class=newsTextDataWrapInner>At 12.30pm, GPRO fell 15 sen to 15 sen with 67.04 million shares done.</div>
<div class=newsTextDataWrapInner>In reply to the UMA query on Monday, GPRO said after due inquiry with its directors and major shareholders, it was unaware of its cause, adding there was no corporate development relating to its business and affairs that had not been previously announced which could have accounted for it, including those at the stage of negotiations or discussions. It was also unaware of any other possible explanation to account for the UMA, and it was also in full compliance with its Main Market listing requirements, in particular for the disclosure of material information, it said.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

KUALA LUMPUR (Aug 7): GPRO Technologies Bhd’s market capitalisation was halved in the morning session on Tuesday following the stock tumbling in active trade after it replied to an unusual market activity (UMA) query by Bursa Securities that  it was unaware of the cause of the sharp rise in the price and high volume of the shares.
At 12.30pm, GPRO fell 15 sen to 15 sen with 67.04 million shares done.
In reply to the UMA query on Monday, GPRO said after due inquiry with its directors and major shareholders, it was unaware of its cause, adding there was no corporate development relating to its business and affairs that had not been previously announced which could have accounted for it, including those at the stage of negotiations or discussions.  It was also unaware of any other possible explanation to account for the UMA, and it was also in full compliance with its Main Market listing requirements, in particular for the disclosure of material information, it said.

GPRO Technologies market capitalisation tumbles 50% 

MMAG Holdings Bhd (KL:MMAG) on Wednesday cited anticipated maintenance cost of over RM10 million as the reason it is willing to absorb a loss of RM12.69 million with the sale of a cargo plane it acquired less than two years ago.

MMAG cites expected RM10m maintenance bill, tough market conditions for selling cargo plane at a loss

The tech-heavy Nasdaq gained on Wednesday after quarterly results from SpaceX and Super Micro Computer improved appetite for AI-linked stocks, while Netflix slipped as its forecast failed to impress investors.

Nasdaq leads gains as SpaceX, Super Micro results improve AI appetite

Revenue IF Bhd (KL:REVENUE) has partnered with China’s WeSure, an online insurance subsidiary of China's Tencent Holdings, to develop cross-border payment and digital insurance solutions in Malaysia, Singapore, Indonesia and Thailand.

Revenue IF, Tencent’s WeSure partner on cross-border payments, digital insurance in four markets

Shares of Super Micro Computer Inc jumped after the company reported preliminary quarterly results that topped analysts’ estimates.

Super Micro jumps after positive preliminary results top estimates

Malaysia ranked 53rd out of 143 countries globally and seventh among 15 countries in East Asia and the Pacific in the World Justice Project (WJP) Rule of Law Index 2026, placing it among the minority of nations that recorded an improvement amid a global decline in the rule of law.

Malaysia ranks 53rd globally in World Justice Project

Police are awaiting further instructions from the Attorney General’s Chambers (AGC) on a probe into Negeri Sembilan Menteri Besar Datuk Ismail Lasim’s claim that he was forced to sign a proclamation seeking to remove Tuanku Muhriz Tuanku Munawir as the state’s ruler.

Police await AGC instructions on probe into Negeri Sembilan MB’s ‘duress’ claim

President Emmanuel Macron said France will receive liquefied natural gas (LNG) from Qatar during the winter months and will work to lower fuel transport costs from the Persian Gulf as it seeks to curb soaring energy prices.

France to get LNG supplies from Qatar in winter, says Macron 

Government websites in Europe and elsewhere went offline on Wednesday after the disclosure of critical vulnerabilities in a widely used programming language sent website operators scrambling to protect their systems.

Govt websites go dark as vulnerabilities in programming language send shudder across internet

Every year, Malaysia’s federal budget announcement tends to draw the most attention to cash handouts, wage adjustments and personal income tax cuts. Yet beyond these immediate cost-of-living reliefs lie deeper messages on the kind of nation we aspire to build that often go unnoticed. In the recent Budget 2027 announcement, Prime Minister Datuk Seri Anwar Ibrahim invoked several philosophers and thinkers, offering a less conventional lens through which to understand the government’s broader vision.

Opinion: Budget 2027: Values to guide our collective future

Zetrix AI Bhd (KL) managing director Wong Thean Soon's stake in the digital services firm has shrunk further, diminishing the prospect of fixing a breached sukuk condition that he remains the company's largest shareholder.

TS Wong's Zetrix AI stake down to 1.841% ahead of Oct 22 deadline to fix sukuk covenant  

KUALA LUMPUR (Oct 21): Tan Sri Tan Kean Soon, the former deputy chairman of an oil-and-gas services firm, has been charged with fraud of over RM10 million.

Tan Kean Soon, former T7 Global deputy chairman, charged with RM10m fraud

Civil servants have been banned from using the Waze navigation app with immediate effect, following a decision by the National Cyber Security Committee (JKSN) at its meeting on Tuesday.

Malaysian civil servants banned from using Waze with immediate effect

The government is open to considering a proposal to establish a royal commission of inquiry (RCI) into Retirement Fund Inc&nbsp;(KWAP) and the Employees Provident Fund (EPF)&nbsp;should the need arise.

Azalina: Govt to consider commission to probe KWAP, EPF if needed

Temasek Holdings Pte Ltd and GIC Pte Ltd denied claims by a former Indonesian trade minister that Singapore’s two biggest state-owned investors helped instigate Indonesia’s recent stock market collapse.

Singapore’s Temasek and GIC deny instigating Indonesian stock rout

The Attorney General’s Chambers (AGC) and Datuk Seri Dr Ahmad Zahid Hamidi have obtained a stay on the Malaysian Bar’s judicial review&nbsp;challenging&nbsp;the discharge not amounting to an acquittal (DNAA) that had been given to Zahid for 47 charges of abuse of power, criminal breach of trust, and corruption related to Yayasan Akalbudi.

AGC, Zahid obtain stay of Malaysian Bar judicial review challenge over DNAA

CIMB Group Holdings Bhd (KL:CIMB) is exploring taking its Indonesian arm private as tough market conditions dim prospects for a potential secondary offering, analysts said.

CIMB weighs taking Indonesian unit private as potential secondary offering loses appeal — analysts

One of the strongest storms of the current season is set to bring heavy rain and roaring winds to parts of East Asia in the next week, with major cities in Taiwan and China bracing for impact within days.

Super Typhoon Champi poised to hit China, Taiwan within days

The smog blanketing parts of Southeast Asia is threatening an army of tiny-but-crucial workers in the region’s palm industry — beetles that pollinate the trees and help keep the world supplied with the most-consumed vegetable oil. &nbsp;

Indonesian haze threatens tiny bugs that power palm oil output

ASML Holding NV and other key providers of chipmaking machines have expedited supplies for Tesla Inc&nbsp;and SpaceX’s Terafab, Elon Musk said, signalling that the billionaire is making fast progress on an ambitious semiconductor project.

Musk says ASML, others expediting chipmaking gear for Terafab

Tourism operators are experiencing fewer bookings for this time of year — and even cancellations — as smog disrupts flights, obscures some of the country’s best-known attractions and threatens a key driver of the Southeast Asian economy.

Malaysia set for tourism fallout from Indonesian haze

Taiwan's Fair Trade Commission said on Wednesday it had blocked Grab's purchase of Delivery Hero's Foodpanda delivery business in Taiwan, citing competition concerns.

Taiwan regulator blocks Grab's purchase of Foodpanda delivery business

Westports Holdings Bhd (KL:WPRTS) reported a record-high revenue from tariff increases and higher income from value-added services, boosting its earnings in the third quarter.

Tariff increase, extra services lift Westports revenue to new record, boost earnings

Boeing Co&nbsp;won US regulator approval for its 737 Max 10 jet, capping off a lengthy certification saga for the plane-maker’s family of narrowbody aircraft that was disrupted by two fatal crashes and a series of quality lapses.&nbsp;

Boeing wins US approval for largest variant of 737 Max jet

High capital requirements remain a major hurdle for Malaysian semiconductor design firms despite being granted subsidised access to UK-headquartered ARM Holdings plc's blueprints for chip components. &nbsp;

High capital requirements still hamper Malaysian semiconductor design firms, Johari tells Parliament 

Iskandar Regional Development Authority on Wednesday named career civil servant Datuk Ashari Kasnan as its chief executive officer.

Iskandar Malaysia development authority names Ashari Kasnan as CEO

CIMB Group Holdings Bhd (KL:CIMB) is expected to report softer earnings for the third quarter ended Sept 30, 2026, as higher funding costs and weaker trading income weigh on profitability, although its loan growth remains resilient, according to analysts.

CIMB's 3Q earnings expected to soften on weaker trading income, higher funding costs

ACE Market-listed Ramssol Group Bhd (KL:RAMSSOL) sees a business opportunity in allowing employees to draw part of their salaries before payday in exchange for a small fee multiplied across a sizeable workforce.

The human resources (HR) management solutions company charges RM5 each time...

Pay Day Now to offer Ramssol a pathway to recurring income

DayOne Data Centers Ltd&nbsp;is weighing options for its US initial public offering (IPO), including a potential delay or size cut, as volatility around data centres increases, according to people familiar with the matter.

Singapore's DayOne said to weigh options for US IPO after data centre rout

MALAYSIAN real estate investment trusts (M-REITs) have long been prized for their income-generating qualities. Listed REITs that distribute at least 90% of their total income qualify for a full tax exemption at the trust level, helping make regular distributions a central part of the asset class’...

Rougher waters for REITs amid surge in government bond yields

Police are awaiting further instructions from the Attorney General’s Chambers (AGC) on a probe into Negeri Sembilan Menteri Besar Datuk Ismail Lasim’s claim that he was forced to sign a proclamation seeking to remove Tuanku Muhriz Tuanku Munawir as the state’s ruler.