<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 4): Jati Tinggi Group Bhd (KL:<a href="/askedge/klse/0292" class="ce-stock" target="_blank">JTGROUP</a>) has bagged a contract worth RM79.86 million from Tenaga Nasional Bhd (KL:<a href="/askedge/klse/5347" class="ce-stock" target="_blank">TENAGA</a>) to lay 275 kilovolts (kV) double circuit underground cables for connection to a data centre in Pasir Gudang, Johor.</p></div>

<div class=newsTextDataWrapInner><p>The contract will take 270 days to complete from the commencement date, which will be determined at a later stage, said Jati Tinggit in a bourse filing on Wednesday.&nbsp;&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Jati Tinggi said the contract is expected to contribute positively to the group’s future earnings and net assets per share over the duration of the contract.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Jati Tinggi shares closed down one sen or 1.68% at 58.5 sen, giving the group a market capitalisation of RM255 million.</p></div>


Jati Tinggi Group Bhd (KL:JTGROUP) has bagged a contract worth RM79.86 million from Tenaga Nasional Bhd (KL:TENAGA) to lay 275 kilovolts (kV) double circuit underground cables for connection to a data centre in Pasir Gudang, Johor.

Jati Tinggi bags RM80 mil TNB contract to lay cables for data centre connection

HONG KONG/NEW YORK (Oct 2): Global hedge funds delivered mixed results in September after surging bond yields, higher oil prices and swings in AI shares drove selling, while quant strategies posted gains, according to prime brokerage notes and investors.

Hedge funds deliver mixed September results on AI swings

Billionaire Ray Dalio warned that the US Treasury market is vulnerable to a pullback of demand from China and Japan, highlighting a potential pain point for a market that has endured wild swings this year.

Ray Dalio warns China, Japan may pull back from US treasuries

KUALA LUMPUR (Oct 6): Construction firm service SLGC Bhd (KL:SLG) said on Tuesday that it has undertaken value-engineering measures to cushion the impact of rising construction material costs amid geopolitical tensions.

SLGC mitigates rising construction costs through value-engineering

BENGALURU/SINGAPORE (Oct 6): Oil prices made slight gains on Tuesday as security concerns in the Middle East kept a geopolitical risk premium in the market, even as resilient regional crude exports and a G7 emergency stockpile release eased supply concerns.

Oil gains as traders weigh Gulf tensions against strong Mideast exports

SYDNEY (Oct 6): Anthropic does not believe its products have breached Australian government systems but would be open to Australian laws requiring AI companies to disclose data breaches, company executives told an Australian parliamentary inquiry on Tuesday.

Anthropic tells Australia it's open to laws requiring reporting of AI agent hacks

BENGALURU (Oct 6): McDonald's and KFC supplier HyFun Foods plans to raise up to 20 billion rupees (US$207.7 million) in an IPO by late 2028, the frozen-foods maker's CEO said, betting on surging demand from restaurants, retailers and quick-delivery platforms.

McDonald's supplier HyFun plans US$208 mil India IPO

KUALA LUMPUR (Oct 6): Malaysian banks are working towards introducing fraud alert capabilities that can flag potential risks before a transaction is completed.

BNM: Banks working towards fraud alert before transaction is completed

Yes, about the “haze”, too, a euphemism for the smog. The constant reference to “haze” makes it all so hazy, lazy and tolerable, in my experience, for 38 years now.

But, also doing something about what is coming, which we know is coming, the super El Niño of the next six months.

...

My Say: El Niño: What are we doing about it?

Coming back from travelling in the UK and China, I had time to reflect on how AI is transforming the macroeconomy and how small companies or economies like Malaysia can survive in this war of giants.

Artificial intelligence (AI) and robotics are not just new technologies; they are a rev...

Condivergence: The promise and perils of AI on the macroeconomy: Strategy for smaller players

Outstanding repayments for loans issued by the National Higher Education Fund Corporation (PTPTN), the country's main tertiary education loan provider, stood at RM10.7 billion as at Aug 31.

PTPTN loan arrears hit RM10.7b as at Aug 31 — minister

<p>Zetrix AI Bhd (KL:ZETRIX) faces uncertainty over its revenue collection business after the Ministry of Transport (MOT) suspended its services as a collection agent for the Road Transport Department (JPJ) over unremitted government funds totalling RM314 million.</p>


Zetrix AI's business continuity uncertain after JPJ suspension — MBSB Research

<p>KUALA LUMPUR (Oct 6): Seven years after Malaysians were made aware of the problems confronting the Federal Land Development Authority (Felda), the institution is once again at a crossroads.</p>


Felda’s road ahead in the spotlight

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


YOUR DAY AHEAD: Oct 6, 2026 

<p>KUALA LUMPUR (Oct 6): SLGC Bhd (KL:SLG) opened flat before dipping on the construction firm’s first day of listing on the ACE Market.</p>


Construction firm SLGC opens flat then dips in ACE Market debut

<p>SYDNEY (Oct 6): Asian stocks rose on Tuesday after a tech-fuelled rally lifted the Nasdaq to a record close, with a retreat in oil prices offering further support even as longer-dated Treasury yields hovered near multi-decade highs.</p>


Asian shares track Wall Street higher, Treasury yields near multi-decade highs

<p>KUALA LUMPUR (Oct 6): Rapidus Corporation has roped in Malaysian firms — GreatAsic Technology Sdn Bhd, Infinecs Systems Sdn Bhd, Oppstar Bhd's (KL:OPPSTAR) Oppstar Technology Sdn Bhd&nbsp;and SkyeChip Bhd (KL:SKYECHIP) — as design solution associates to support the development of its global chip ecosystem framework.</p>


Rapidus taps four Malaysian firms as design solution associates for CORE ecosystem

<p>BENGALURU/SINGAPORE (Oct 6): Oil prices made slight gains on Tuesday as security concerns in the Middle East kept a geopolitical risk premium in the market, even as resilient regional crude exports and a G7 emergency stockpile release eased supply concerns.</p>


<p>The World Bank has raised Malaysia’s 2026 growth outlook to 5.1%, from 4.4% previously, driven by the surge in global artificial intelligence (AI)-related spending.</p>


World Bank lifts Malaysia’s growth outlook to 5.1% on AI-driven export growth

<p>BENGALURU (Oct 5): Data centre operator DayOne Data Centers filed for an initial public offering (IPO) in the United States on Monday, testing investor appetite for data-centre listings amid challenging market conditions.</p>


Data centre operator DayOne reveals revenue surge in US IPO filing

<p>KUALA LUMPUR (Oct 6): Five of the nine technology drivers identified under the National Technology Sovereignty Framework (NTSF) have been deemed critical to national sovereignty and possess strong commercial potential.</p>


Mosti: Five technology drivers identified as critical to Malaysia's sovereignty

<p>A rally in giant technology companies drove stocks higher, overshadowing concerns about still-elevated oil prices and bond yields.&nbsp;The S&amp;P 500 rose to a striking distance of a record while the Nasdaq 100 reached a fresh peak. Political upheaval in Europe and fiscal worries drove the euro to its weakest since May 202</p>


S&P 500 closes in on record high as tech rallies

<p>Germany and France are urging the European Union (EU) to adopt new powers that would enable the bloc to cut off access to its single market if China or other nations destabilise trade relations.&nbsp;</p>


Germany and France push trade weapon to deny access to China 

<p>KUALA LUMPUR (Oct 6): Malaysian banks are working towards introducing fraud alert capabilities that can flag potential risks before a transaction is completed.</p>


<p>The Commodity Futures Trading Commission (CFTC) unveiled a proposal on Monday to regulate digital asset transactions and markets.</p>


CFTC proposes registering crypto exchanges offering leverage

<p>Mi Material Holding Ltd&nbsp;has filed its draft prospectus for an SGX Mainboard listing.</p>


Mi Material files draft prospectus for SGX Mainboard listing

<p>Outstanding repayments for loans issued by the National Higher Education Fund Corporation (PTPTN), the country's main tertiary education loan provider, stood at RM10.7 billion as at Aug 31.</p>


<p>BENGALURU (Oct 6): New World Development launched a debt exchange offer on Tuesday that would allow bondholders to swap some notes due in 2027 and 2028 for new secured debt maturing in 2032, as the Hong Kong property developer seeks to ease near-term repayment pressure and strengthen liquidity.</p>


Property developer New World seeks to extend debt maturities with bond exchange offer

<p>KUALA LUMPUR (Oct 6): Longer-term financing secured much earlier is now providing Axis REIT (KL:AXREIT) cushion against rising interest rates as the real estate investment trust pursues deals, an analyst said.</p>


Axis REIT ‘well positioned’ against rate risks amid RM250 mil deal pipeline — analyst

<p>Elon Musk is a trillionaire again.&nbsp;</p>


Musk is a trillionaire again as SpaceX claws back post-IPO slump

<p>Billionaire Ray Dalio warned that the US Treasury market is vulnerable to a pullback of demand from China and Japan, highlighting a potential pain point for a market that has endured wild swings this year.</p>
