<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 12): AmanahRaya Investment Management Sdn Bhd (ARIM) has valued the Zetrix Al Bhd (KL:<a href="/askedge/klse/0138" class="ce-stock" target="_blank">ZETRIX</a>) sukuk held by four of its funds at nil, effective Nov 10, according to an investor update.</p></div>

<div class=newsTextDataWrapInner><p>The fund manager described it as a 100% write-down of the sukuk's previously recognised value, and the write-down is reflected in each affected fund's net asset value (NAV) per unit from that date.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>"We know this is difficult news," ARIM told investors of the funds managed by ARIM.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The affected funds are the AmanahRaya Unit Trust Fund (ARUTF), AmanahRaya Syariah Trust Fund (ARSTF), AmanahRaya Mixed Asset Syariah Conservative Income Fund (ARMASCIF) and AmanahRaya Syariah Income Fund (ARSIF). On Nov 10, NAV per unit fell to RM0.6686 for ARUTF, RM0.6611 for ARSTF, RM0.7263 for ARSIF and RM0.9408 for ARMASCIF.</p></div>

<div class=newsTextDataWrapInner><p><em><strong>More to come</strong></em></p></div>


KUALA LUMPUR (Nov 12): AmanahRaya Investment Management Sdn Bhd (ARIM) has valued the Zetrix Al Bhd (KL:ZETRIX) sukuk held by four of its funds at nil, effective Nov 10, according to an investor update.

AmanahRaya Investment writes down Zetrix Al sukuk to nil across four funds

Property developer Avaland Bhd (KL:AVALAND) has secured Mydin Mohamed Holdings Bhd, Maplewood International School and San Francisco Coffee as new commercial partners for its Meria Commercial Hub in Cybersouth, Selangor.

Avaland brings in Mydin, Maplewood International School, San Francisco Coffee to Cybersouth’s Meria hub

KUALA LUMPUR (Nov 12): Home Minister Datuk Seri Saifuddin Nasution Ismail has reminded foreign nationals in the country to always respect Malaysian laws and provide their full cooperation to the authorities.

No compromise on violence, foreigners must respect the law — Saifuddin Nasution

BENGALURU/MEXICO CITY/SINGAPORE (Nov 11): Nvidia's board is meeting late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI chips grapples with reports of two extramarital affairs involving its longtime leader.

Nvidia board meets to decide CEO Huang's future as leadership crisis deepens

Property developer and construction service provider Rivertree STF Synergies Bhd (KL:RSSB) has entered into a heads of agreement (HOA) to acquire up to 100% equity interest in centralised labour quarters (CLQ) operator Q Centre Management Sdn Bhd (QCMSB), according to a press statement on Wednesday.

Rivertree STF Synergies proposes to acquire CLQ operator Q Centre Management

(Nov 12): Alphabet Inc began marketing its inaugural Hong Kong and Singapore dollar bond sale, testing investor interest at a time of increasing volatility for companies focused on artificial intelligence.

Alphabet kicks off Asia bond sale as AI firms face scrutiny

KUALA LUMPUR (Nov 12): Mr DIY Group (M) Bhd (KL:MRDIY) extended its slide on Thursday, falling to its lowest since 2020 in early trade on Bursa Malaysia, as investor sentiment remained weighed down by intensified competition from new entrants, including Chinese-based e-commerce giant Pinduoduo (PDD).

MR DIY falls to its lowest since 2020 amid mounting competition

TOKYO (Nov 12): Oil prices dropped more than US$1 on Thursday as hopes for progress in peace talks over the Middle East and the Russia-Ukraine wars pressured the market.

Oil prices drop more than US$1 as hopes for Iran, Ukraine peace talks pressure markets

HSBC Holdings plc has been exploring ways to ease its reliance on China including Hong Kong and give more independence to its Singapore operations, as the bank seeks to diversify risk across its Asia business, according to people familiar with the matter.

HSBC explores bolstering Singapore to balance China reliance — Bloomberg

SINGAPORE (Nov 12): Global stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.

Asian stocks fragile, Nvidia plummets as board to decide CEO's fate

<p>The government, through the Employees Provident Fund (EPF), will continue to study a proposal to expand the scope and coverage of the EPF i-Sayang scheme to allow Malaysian husbands to make voluntary contributions for their non-citizen wives.</p>


Govt studies proposal to extend EPF's i-Sayang scheme to non-citizen wives 

<p>MSCI maintained the constituents of its main country index for Malaysia while deleting seven stocks from its small-cap index following its latest review.</p>


MSCI maintains Malaysia index constituents, deletes seven stocks from small-cap index

<p>The expansion of electricity bill protection to cover households consuming up to 800kWh a month is expected to cost RM248 million over four months, Deputy Prime Minister Datuk Seri Fadillah Yusof said.</p>


Minister: Expanded electricity bill protection to cost RM248 mil, Tenaga to bear automatic fuel adjustment costs

<p>SINGAPORE (Nov 12): Global stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang.</p>


<p>KUALA LUMPUR (Nov 12): Mr DIY Group (M) Bhd (KL:MRDIY) extended its slide on Thursday, falling to its lowest since 2020 in early trade on Bursa Malaysia, as investor sentiment remained weighed down by intensified competition from new entrants, including Chinese-based e-commerce giant Pinduoduo (PDD).</p>


<p>Barisan Nasional (BN) chairman Datuk Seri Dr Ahmad Zahid Hamidi is confident that the political crisis in Negeri Sembilan will be resolved soon.&nbsp;</p>


Ahmad Zahid confident Negeri Sembilan political crisis nearing resolution

<p>We refer to the return of Datuk Seri Najib Razak to his house on Tuesday night to serve the sentence of house arrest, following the conditional pardon granted on Sept 18, 2026.&nbsp;</p>


Opinion: Govt must accept responsibility for Najib’s house arrest and review cases of all other ordinary prisoners suitable for house arrest

<p>Mercedes-Benz Group AG’s struggles with shrinking demand in China mean it’s being forced into a complete overhaul of its business in the world’s biggest auto market, according to chief executive officer Ola Källenius.</p>


Mercedes CEO flags pivot to strategy of ‘100% China for China’

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


YOUR DAY AHEAD: Nov 12, 2026 

<p>Indonesia's Vice President Gibran Rakabuming Raka has resigned, an aide said on Wednesday, a move that threatens to split a key political alliance and risks further political uncertainty in Southeast Asia's largest economy.</p>


Indonesia's vice president has resigned, aide says, stoking political uncertainty

<p>BENGALURU/MEXICO CITY/SINGAPORE (Nov 11):&nbsp;Nvidia's board is meeting late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told <em>Reuters</em>, as the world's dominant supplier of AI chips grapples with reports of two extramarital affairs involving its longtime leader.</p>


<p>Nvidia Corp’s investigation of chief executive officer Jensen Huang’s affair with an alleged Chinese spy is raising questions about the company’s future and sending its stock into a tailspin.</p>


Nvidia’s bull case hinges on CEO Huang surviving China spy probe

<p>(Nov 12):&nbsp;The suspected Chinese spy at the heart of a scandal that threatens to take down Nvidia Corp&nbsp;chief executive officer Jensen Huang has returned to her home country, people familiar with the matter said.</p>


Alleged Chinese spy at centre of Nvidia firestorm is in Beijing — Bloomberg

<p>&nbsp;A rally in tech giants lifted stocks on bets the artificial-intelligence trade that has powered the bull market has more room to run.</p>


US stocks climb as Wall Street gets fresh AI fuel

<p>KUALA LUMPUR (Nov 11): The government, through the Employees Provident Fund (EPF) will continue to study a proposal to expand the scope and coverage of the i-Sayang scheme to allow Malaysian husbands to make voluntary contributions for their non-citizen wives.</p>


Proposal to extend EPF's i-Sayang scheme to non-citizen wives being studied, Parliament hears

<p>KUALA LUMPUR (Nov 12): AmanahRaya Investment Management Sdn Bhd (ARIM) has valued the Zetrix Al Bhd (KL:ZETRIX) sukuk held by four of its funds at nil, effective Nov 10, according to an investor update.</p>


<p>SYDNEY (Nov 12): Australia's blue-chip companies are increasingly invoking artificial intelligence as they cut jobs and move work offshore, unions and experts say, complicating the government's efforts to support employment in a slowing economy.</p>

<p>On ​Tuesday, Qantas, Australia's flag car...

Australian companies face 'AI washing' claims after wave of job cuts, offshoring

<p>EasyJet shareholders on Wednesday overwhelmingly backed a takeover by US private equity firm Apollo, as the British airline's boss insisted its fares would remain "affordable" amid soaring fuel costs.</p>


EasyJet shareholders back £5.7 bil takeover by US firm Apollo

<p>(Nov 11): Polymarket has cut jobs and terminated several contractor agreements in a reorganization as the prediction market startup seeks to compete ​with rapidly growing rival Kalshi.</p>

<p>An internal email from the company, ending a ‌contractor agreement, has been doing the rounds on socia...

Polymarket cuts jobs, contracts as prediction market competition heats up

<p>YOKOHAMA, Japan (Nov 11):&nbsp;Nissan&nbsp;said on Wednesday its second-quarter operating profit dropped nearly 100% from a year earlier, underscoring the ‌scale of the challenge that CEO Ivan Espinosa faces as he tries to revive the struggling Japanese automaker.</p>

<p>The result highlighted...