<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jan 20): Hartanah Kenyalang Bhd (KL:<a href="/askedge/klse/0359" class="ce-stock" target="_blank">HKB</a>) has bagged a RM184.3 million contract to undertake the upgrading&nbsp;and repair works for the Sarawak stadium.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, the Sarawak-based construction group said the job was awarded to its wholly-owned subsidiary, Hartanah Construction Sdn Bhd, by the Public Works Department Sarawak.</p></div>

<div class=newsTextDataWrapInner><p>The 12-month contract is slated to begin this month and run until Jan 29, 2027, and is expected to contribute positively to the group’s earnings and net assets for the financial year.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Shares in Hartanah Kenyalang closed 1.5 sen or 9.09% higher at 18 sen on Friday, giving the company a market capitalisation of RM112 million. The counter is up 12.5% from its listing price of 16 sen on June 9, 2025.</p></div>

<div class=newsTextDataWrapInner><p>The initial public offering raised RM19.34 million for the company and another RM12.40 million for its selling shareholders.</p></div>


Hartanah Kenyalang Bhd (KL:HKB) has bagged a RM184.3 million contract to undertake the upgrading and repair works for the Sarawak stadium.

Hartanah Kenyalang bags RM184 mil job to upgrade Sarawak stadium

Singapore bank shares extended declines for a second day after JPMorgan Chase & Co warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian lenders.

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Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce website.

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(Oct 8): David Ellison and his family invested approximately US$17 billion to complete Paramount Skydance Corp’s acquisition of Warner Bros Discovery Inc, according to public filings.

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SEOUL (Oct 8): Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.

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KUALA LUMPUR (Oct 8): A total of 38 areas recorded Air Pollutant Index (API) readings at an unhealthy level as of 9am on Thursday.

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Malaysian semiconductor firm SQ Advanced Interconnect Bhd is considering raising about RM300 million in an initial public offering (IPO) in the first quarter of 2027, people familiar with the matter said.

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KUALA LUMPUR (Oct 8): Limited water supply headroom in Selangor could affect the timing of new data centre investments and temporarily moderate construction awards in 2027, according to BIMB Securities Research.

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SEOUL (Oct 8): The suspect behind recent cyberattacks targeting South Korea's financial sector may be a 26-year-old based in China's Guangdong province who used a Chinese-developed AI agent toolcalled ARTEX and Anthropic's ClaudeCode, US cybersecurity firm CrowdStrike said.

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<p>Zetrix AI Bhd (KL:ZETRIX) has confirmed that it owes the Road Transport Department (JPJ) RM314 million in unremitted collections between May and September 2026, and said the liability has been recognised as a payable on its balance sheet.</p>


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<p>No bidders turned up at an auction for a six-acre land that the Penang state government intends to sell to raise funds for the long-delayed Ayer Itam road bypass project.</p>


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<p>In recent times, it is not politicians, but bond vigilantes, who hold the most power over the global economy. In 2022, then-newly minted UK Prime Minister Liz Truss presided over a meltdown in the UK government bond market after her government announced sweeping tax cuts without any corresponding spending adjustments.</p>


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<p>Just south of Penang, the historic trading island off Malaysia’s northwest coast, excavators are turning a stretch of blue-green sea into a new, man-made island. Dump trucks crisscross freshly reclaimed sand as orange pipes snake across the emerging land mass, carrying fill pumped from dredgers offshore.</p>


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<p>SYDNEY (Oct 8): Asian shares slipped on Thursday as strains in sovereign bond markets were aggravated by reports some major tech companies were seeking to raise billions in debt in direct competition for limited funding.</p>


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<p>Analysts see the recent weakness in crude palm oil (CPO) prices as a buying opportunity for plantation stocks ahead of a potential supply tightening in 2027.</p>


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<p>NEW YORK (Oct 8): Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz.</p>


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<p>The government is reviewing a formal agreement with Dapat Vista Sdn Bhd, the company that operates the eJamin system for online payment of court bail, before submitting it to the Cabinet soon.</p>


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<p>SEOUL (Oct 8): Samsung Electronics on Thursday projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.</p>


<p>A record-breaking run in stocks hit a wall as still-elevated oil prices stoked concerns that potential inflationary pressures could trigger Federal Reserve interest-rate hikes.</p>


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<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Oct 8, 2026 

<p>Malaysian semiconductor firm SQ Advanced Interconnect Bhd is considering raising about RM300 million in an initial public offering (IPO) in the first quarter of 2027, people familiar with the matter said.&nbsp;</p>


<p>India’s central bank raised interest rates for the first time in nearly four years and signaled further hikes may be on the table as accelerating inflation and a weakening currency drive a policy pivot.&nbsp;</p>


RBI signals further rate hikes as price pressures intensify

<p>KUALA LUMPUR (Oct 8): Limited water supply headroom in Selangor could affect the timing of new data centre investments and temporarily moderate construction awards in 2027, according to BIMB Securities Research.</p>


<p>The International Energy Agency's (IEA) member countries stand ready to release additional oil from their strategic reserves if necessary and will prioritise diesel due to tight supplies of the fuel, the head of the IEA said on Wednesday.</p>


IEA says member countries ready to release more oil reserves if necessary

<p>KUALA LUMPUR (Oct 8): A total of 38 areas recorded Air Pollutant Index (API) readings at an unhealthy level as of 9am on Thursday.</p>


<p>Singapore bank shares extended declines for a second day after JPMorgan Chase &amp; Co warned that surging long bond yields will hurt third-quarter earnings for Southeast Asian lenders.&nbsp;</p>


<p>PUTRAJAYA (Oct 8): Prime Minister Datuk Seri Anwar Ibrahim held a four-eyed meeting with Myanmar President Min Aung Hlaing at Perdana Putra Complex here on Thursday.</p>


<p>Gold prices edged higher on Thursday as the dollar eased from an 18-month peak, helping bullion recover from a two-month low, while traders weighed the prospect of another US Federal Reserve (Fed) rate hike this year.</p>
