<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 27): Starting Thursday (May 28) until June 3, RON97 petrol price will fall by a 20 sen quantum or from RM4.85 to RM4.65 per litre, while unsubsidised RON95 slips 15 sen to RM3.92 per litre, with diesel in Peninsular Malaysia dipping by 10 sen from RM4.97&nbsp; to RM4.87 per litre.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, RON95 sold under the Budi95 scheme will remain at RM1.99 per litre while diesel in East Malaysia maintains at RM2.15 a litre, and the Subsidised Petrol Control System remains at RM2.05 per litre.</p></div>

<div class=newsTextDataWrapInner><p>“This reduction does not indicate that pressure on global petroleum markets has eased,” the Ministry of Finance said in a statement,&nbsp;highlighting the uncertainty brought about by the conflict in the Middle East, which is now in its 12th week.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Brent crude prices are still maintaining at about US$100 per barrel, more than 50% above levels of US$60 to US$70 in end-February, when the conflict started.</p></div>

<div class=newsTextDataWrapInner><p>The government urged the public to use fuel sensibly in order to safeguard supply, and advised Malaysians to reduce travel to maintain the country's fuel reserves.</p></div>


Starting Thursday (May 28) until June 3, RON97 petrol price will fall by a 20 sen quantum or from RM4.85 to RM4.65 per litre, while unsubsidised RON95 slips 15 sen to RM3.92 per litre, with diesel in Peninsular Malaysia dipping by 10 sen from RM4.97  to RM4.87 per litre.

RON95, RON97, diesel prices dip till June 3

US President Donald Trump used his United Nations (UN) General Assembly speech on Tuesday to argue that the war with Iran prevented Tehran from obtaining a nuclear weapon and warn that he could "annihilate the Islamic Republic" if no deal is reached to end the conflict.

Trump warns in UN speech he could 'annihilate' Iran without peace deal

Nvidia Corp’s sinking stock valuation is sending a warning signal about the chipmaker’s prospects for maintaining its booming profit growth.

Nvidia’s stock is flashing a warning sign as valuation falls

No legal authority for Negeri Sembilan exco to suspend state secretary, state legal adviser — AGC

KUALA LUMPUR (Sept 22): Carimin Petroleum Bhd (KL:CARIMIN) has made Sealink International Bhd (KL:SEALINK) an associate company after increasing its Sealink stake to 25.3%.

This development comes about three months after Carimin's proposal to take Sealink private lapsed.

 Carimin makes Sealink an associate by upping stake to 25.3%  

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

Cuscapi, Zetrix AI, Sunway Healthcare, Eco World, SD Guthrie, MMAG, NexG, Country Heights, OGX, Maybulk & Oriental Interest

Gold prices edged lower on Tuesday as markets factored in more restrictive monetary policy from the US Federal Reserve (Fed) this year, while traders also kept close tabs on the Middle East conflict.

Gold eases as traders cement bets for higher for longer interest rates

Federal Reserve Bank of New York president John Williams said the shift to central clearing for US Treasuries and Treasury-collateralised repurchase agreements was ahead of schedule.

Fed’s Williams says Treasuries clearing moving ahead of schedule

Tremors from a weak magnitude 4.4 earthquake that struck the waters off Batu Pahat, Johor, at 4.55pm on Tuesday were felt across four states, as well as Putrajaya and Kuala Lumpur.

Quake off Batu Pahat: Tremors felt across Johor, Melaka, Negeri Sembilan and Klang Valley

Wall Street has turned bullish on Meta Platforms, betting that its new artificial intelligence (AI) agent Muse could open a new revenue stream for the social media giant and reshape the company's AI monetisation prospects.

Wall Street expects Meta's AI agent Muse to shape into a new revenue engine

A weak 4.4-magnitude earthquake that struck the waters off Batu Pahat, Johor, on Tuesday afternoon startled residents in several areas, with some initially mistaking the brief tremors for vibrations caused by heavy vehicles passing nearby.

Earthquake off Batu Pahat: Residents thought tremors caused by lorries

<p>Bon Estates Sdn Bhd has opened a new two-way road connecting Jalan Kiara 3 and Jalan Duta Kiara in Mont'Kiara, Kuala Lumpur, providing an additional route towards Solaris Dutamas and the surrounding areas.</p>


Bon Estates opens new road link in Mont'Kiara

<p>The developer of Eco Business Park 7 in Negeri Sembilan is selling two plots of industrial land for RM1 billion to a data centre operator.</p>


Eco World-SD Guthrie JV sells 222 acres in Negeri Sembilan for over RM1b

<h2>Notable filings</h2>

<p>Between Sept 1 and 4, notable filings with Bursa Malaysia on changes in shareholding included those of ACE Market-listed <strong>Ambest Group Bhd</strong> (KL:AMBEST), where co-founder and managing director Tan Beng Beng and co-founder and executive director Lim Eng Gu...

Insider Moves: Ambest Group Bhd, Salutica Bhd, LFE Corp Bhd, Sersol Bhd, Zetrix AI Bhd, Heitech Padu Bhd, Excel Force MSC Bhd

<p>The Melaka State Legislative Assembly will be dissolved on Wednesday to pave&nbsp;the way for the 16th state election.</p>


Melaka assembly to dissolve on Wednesday, paving way for state election

<p>KUALA LUMPUR (Sept 22): The High Court here has ordered Tenaga Nasional Bhd (TNB)(KL:TENAGA) to pay RM10.52 million in special damages to Penang Bridge concessionaire Projek Lebuhraya Usahasama Bhd (PLUS) over a major fire incident in a cable tunnel beneath the bridge in February 2021.</p>


Court orders Tenaga to pay Projek Lebuhraya Usahasama RM10.5 mil for Penang bridge fire

<p>Hengyuan Refining Company Bhd (KL:HENGYUAN) surged to a fresh high on Tuesday, rising as much as 27 sen or 6.2% to RM4.61 during intraday trade.</p>


Hengyuan reverses intraday gains to finish lower after touching new high; gains RM1.4b in market cap since August

<p>Land &amp; General Bhd (KL:L&amp;G) plans to launch the first phase of its Lembah Beringin industrial park in Selangor in the first quarter of next year, with an estimated gross development value of RM1.5 billion.</p>


Land & General upbeat on prospects, targets RM1.5b industrial launch in 1Q 2027

<p>KUALA LUMPUR (Sept 22): A forced auction of Country Heights Holdings Bhd’s (KL:CHHB) land in Kajang, Selangor was cancelled due to absence of bidders.</p>


Forced auction of Country Heights land cancelled due to lack of bidders

<p>KUALA LUMPUR (Sept 22): Shares in ViTrox Corporation Bhd (KL:VITROX) hit their highest level since the company’s listing on the ACE Market in 2005 on Tuesday, driven by its strong growth prospects amid the AI infrastructure boom.</p>


ViTrox hits new record high as AI-driven growth boosts outlook

<p>Cuscapi Bhd (KL:CUSCAPI) has proposed a private placement of up to 94.49 million new shares to raise up to RM4.55 million for working capital, making it the second company linked to businessman Wong Thean Soon, better known as TS Wong, to announce a share placement this week.</p>


Cuscapi seeks RM4.55m via private placement, second TS Wong-linked firm to tap equity market this week

<p>A top executive at ASML Holding NV, Europe’s most valuable company, said it isn’t selling any of its chipmaking machines on the continent and that the region risks getting left behind as the US, China and India invest heavily in developing their domestic semiconductor industries.</p>


ASML executive says no chipmaking machines sold in Europe, region risks getting left behind

<p>Mr Chan is part of a company’s senior management. In the course of his role, he came upon information and a lucrative commercial opportunity that the company could exploit. He neither disclosed this nor obtained the company’s consent. Instead, armed with that information, he resigned, set up his own company and exploited that opportunity.</p>


Opinion: The director as a fiduciary: The ‘no-profit’, ‘no-conflict’ and ‘misuse of trust and knowledge’ rules

<p>Sabah Development Bank Bhd said on Tuesday it is willing to consider a substantial reduction in exposure in PacifiCity to support efforts to revive the long-abandoned project.</p>


Sabah Development Bank ready to cut exposure to help revive abandoned PacifiCity

<p>IHH Healthcare Bhd (KL:IHH) outperformed on Tuesday as Macquarie flagged an improving earnings trajectory across the hospital operator’s portfolio.</p>


IHH Healthcare rises over 5% as Macquarie flags strong earnings outlook

<p>The Negeri Sembilan executive council on Tuesday unanimously decided to suspend the state secretary and state legal adviser, said Menteri Besar Datuk Ismail Lasim.</p>


Negeri Sembilan exco suspends state secretary and state legal adviser 

<p>KUALA LUMPUR (Sept 22): theedgemalaysia.com highlighted no stocks with positive momentum and eight stocks with negative momentum at Bursa Malaysia's afternoon close on Monday.</p>

<h3>The stocks with negative momentum were:</h3>

<p>Inta Bina Group Bhd (KL:INTA) — up two sen or 5.13% to 41 s...

Stocks with momentum on Sept 22, 2026: Inta Bina Group, Powerwell Holdings, Jati Tinggi Group, Northern Solar Holdings, Verdant Solar Holdings, Ewi Capital, D&O Green Technologies, Superlon Holdings

<p>Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon's stake in the company has now dropped to 11.06% from 11.97% last Friday, as Wong continued to pare his direct and indirect stakes in the company.</p>


TS Wong further trims Zetrix AI stake; investment vehicle exits substantial shareholder list

<p>THE semiconductor industry in Penang is facing shortages in several areas, including engineering talent, factory floor space and production capacity. However, a lack of client orders is not one of them.</p>

<p>In fact, global customers are working closely with local manufacturers to ensure the...

Penang E&E players face capacity crunch amid influx of orders

<p>Loss-making MMAG Holdings Bhd (KL:MMAG),&nbsp;a company which counts NexG Bhd (KL:NEXG) as a substantial shareholder, has proposed a RM130 million share capital reduction to wipe out part of the company’s accumulated losses.</p>


MMAG proposes RM130 mil capital reduction to pare accumulated losses

<p>BlackRock, Capital Group and Schroders are among investors poised to buy into the initial public offering of the company behind the Philippines’ top mobile wallet, GCash, which is telling investors it’s on track to price the deal below the maximum, according to people familiar with the matter.</p>
