Convenience store chain operator MyNews Holdings Bhd (KL:MYNEWS) saw its net profit fall 40.5% to RM3.83 million for its third  quarter ended July 31, 2026 (3QFY2026), compared with RM6.43 million a year earlier.

MyNews net profit down 40% in 3Q on higher operating expenses

Malaysia and China have agreed on the proposed extension of the East Coast Rail Link (ECRL) project from Kota Bharu to Rantau Panjang, Kelantan, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia, China agree on proposed ECRL extension to Rantau Panjang, says Anwar

IHH Healthcare Bhd’s (KL:IHH) unit has appealed a Tokyo court decision that dismissed its ¥200 billion (about RM5.3 billion) damages claim against Japanese drugmaker Daiichi Sankyo.

IHH unit appeals Tokyo court ruling over Fortis-related RM5.3 bil claim

Negeri Sembilan Menteri Besar Datuk Ismail Lasim has been urged to explain who allegedly forced him to sign the Instrument of Proclamation regarding the position of Yang di-Pertuan Besar Tuanku Muhriz Tuanku Munawir on Aug 3.

Zafrul urges Negeri Sembilan MB to come clean on who allegedly forced him to sign proclamation on state ruler

Starbucks Corp is closing 250 underperforming locations across North America to focus on stores with higher potential.

Starbucks cuts 250 locations in North America to back higher-potential stores

More than 1,000 workers rallied peacefully in Jakarta on Thursday, pressing lawmakers to include stronger protections in a new labour law ahead of a court-imposed deadline next month.

Indonesian workers rally in Jakarta as labour-law deadline nears

The Sessions Court on Thursday heard that former Petronas manager Mohd Khairul Akmal Mohd Jasni met informally with a senior official of Petroleum Sarawak Berhad (Petros) at the Kuala Lumpur Golf & Country Club (KLGCC), before a formal interview for a position at the company in 2024.

Former Petronas manager met Petros official informally before interview — witness

SLGC Bhd (KL:SLG) said the public portion of its initial public offering (IPO) was oversubscribed by 3.1 times, ahead of its Oct 6 listing on the ACE Market.

SLGC IPO oversubscribed by 3.1 times ahead of Oct 6 listing

China-based titanium dioxide and inorganic chemical materials manufacturer LB Group Co Ltd has expanded its footprint in Malaysia with the launch of a new facility at the Gurun Heavy Industrial Park in Kedah, representing a total investment of RM1 billion.

China's LB Group expands Malaysian footprint with RM1 bil facility in Kedah

A Singapore court appointed KPMG restructuring executives to take control of Radiant World on Thursday, granting an application by creditor Mizuho Bank Ltd, which has accused the trader of an alleged fraud linked to iron ore receivables.

Singapore court appoints KPMG to manage trader Radiant World

Datuk Seri Hamzah Zainudin, the long-time political operator who helped two Malaysian prime ministers to power, could again have a hand in shaping who governs as he pushes the nation’s two biggest parties towards an alliance.

Opposition leader Hamzah pushes parties for bloc against Anwar

AirAsia Group Bhd’s (KL:AAGB) Tan Sri Tony Fernandes is fed up with private credit and the exorbitant interest rate they charge.

AirAsia’s hunt for cheaper debt won’t be easy with US$100 oil

KUALA LUMPUR (Sept 24): Perikatan Nasional (PN) has been ordered to immediately suspend all activities following a complaint by one of its component parties against the main opposition coalition.

Perikatan Nasional faces suspension as internal tensions escalate at Malaysia’s main opposition coalition

Nestlé (Malaysia) Bhd paused its downward slide on Wednesday, following a 22% year-to-date drop that market observers said has run ahead of the company's underlying fundamentals.

Nestlé Malaysia steadies after 22% slide as analysts see worst priced in

Behind Singapore’s success may lie a factor with little to cheer — its unhappiness, according to a former top politician in the city-state.&nbsp;

Singapore’s success may be tied to unhappiness, former politician says

EGH International Bhd is accepting applications for its shares at 16 sen apiece as the interior fit-out services firm seeks a listing on the ACE Market.

EGH International to list on ACE Market at 16 sen per share

DESPITE the terminated deal with Next Lion Ltd on the Philippines venture, Zetrix AI Bhd’s (KL:ZETRIX) ties with the former remain firmly on their interest on the other side of the world — a special purpose acquisition company (SPAC) listed on the Nasdaq in the US.

Incorporated in the B...

Cover Story 1:The role of Next Lion in Zetrix AI’s Nasdaq listing

Zetrix AI Bhd (KL:ZETRIX) is delaying its cash dividend payment to shareholders again, until Sept 28, while dividends linked to nominee accounts claimed by its substantial shareholder will remain on hold until the legal case is fully resolved.

Zetrix AI delays dividend payout again, to Sept 28, as legal dispute over nominee accounts goes to court

KUALA LUMPUR (Sept 24): Malaysia Airlines has inked&nbsp;three memoranda of understanding (MOUs) with Huawei, Weixin Pay, and TravelSky Technology Ltd,&nbsp;strengthening its digital presence in China, while reinforcing Kuala Lumpur’s position as a gateway to Malaysia and the wider region.

Malaysia Airlines inks three MOUs, deepening China market engagement

After a blistering rally, investors of SkyeChip Bhd (KL:SKYECHIP) will have to wait and see if the chip design firm’s growth plan pans out in the longer term, an analyst said.

After blistering rally, long-term test for SkyeChip begins — analyst

Treasury Secretary Scott Bessent announced the US and China have sealed a two-month extension to their trade truce, as President Xi Jinping landed in America for his first state visit in 11 years.

US unveils two-month truce extension as Xi lands for summit

ON paper, everything appeared to be finally falling into place for Zetrix AI Bhd (KL:ZETRIX). It had even booked a RM3.7 billion expenditure as development cost to build out its blockchain platform for use beyond the cryptocurrency world.

The development cost stood at RM2.8 billion at t...

Cover Story 1: Questions abound about Zetrix AI

Islamic bank Kuwait Finance House (Malaysia) Bhd (KFH) has won its legal battle against railway construction firm Emrail Sdn Bhd, former chief justice Tun Zaki Azmi, and two others, with the High Court dismissing Emrail's suit and awarding the bank RM39.09 million on its counterclaim for outstanding financing.&nbsp;

Kuwait Finance House wins RM39m counterclaim against Emrail, former CJ Tun Zaki in LRT3 financing dispute

Sabah Development Bank Bhd (SDB) said it and the private liquidator overseeing the stalled PacifiCity development have received a fresh proposal from an interested party, as efforts to revive the project remain ongoing.

Sabah Development Bank receives fresh proposal to revive stalled PacifiCity development

The Industrial Court earlier this week ordered radio station BFM Media Sdn Bhd to pay former producer and presenter Umapagan Ampikaipakan RM358,400 in compensation and back wages after finding that his 2019 dismissal for purported misconduct was without just cause.

Industrial Court finds BFM dismissal of ex-producer Umapagan without just cause, orders RM358k payout

The Negeri Sembilan government denies that it or Menteri Besar Datuk Ismail Lasim is trying to depose the Yang di-Pertuan Besar, claiming it inherited a problem caused the previous state government's mishandling of the matter.

Negeri Sembilan MB blames previous state govt for crisis, denies trying to dethrone ruler

The Sarawak government and national oil company Petroliam Nasional Bhd (PETRONAS) want their petitions concerning state oil rights to be heard separately.

Sarawak, PETRONAS seek separate hearings on oil and gas petitions; January tentatively set

SHAH ALAM (Sept 24 ): Tabung Haji's former chief operating officer Datuk Adi Azuan Abdul Ghani has claimed trial to three charges of accepting over RM300,000 in renovation cost for three properties.&nbsp;

TH ex-COO claims trial to accepting over RM300,000 in home renovation costs

KUALA LUMPUR (Sept 24): Midstream oil and gas players are expected to continue enjoying earnings tailwinds from firm crude trade flows and tight vessel supply after their second-quarter results beat expectations on stronger operating performance, said an analyst.&nbsp;

Midstream O&G players set to ride firm crude flows, tanker rates and storage demand — RHB IB

THE back-to-back termination and rehash of Zetrix AI Bhd’s (KL:ZETRIX) deal to increase its effective stake in its Philippines business, MyEG Philippines Inc, raises questions about the rationale for the abrupt change.

Components of the deal remain largely the same. The digital services...

Cover Story 1: Puzzling off-then-on Philippines deal

Here are some of the key takeaways from the revised Budget 2023.

EVENING 5: Five things you need to know today

For Bonia’s Creative Director Pepe Torres, the brand always meant one thing. Quality. 

“When I started working in Bonia, I got surprised by the quality behind it,” said Torres in a recent interview. He was speaking to The Edge, as Bonia prepares to launch its Spring/Summer collecti...

Bonia Spring/Summer 2017 Collection

To view larger image: right-click --> Open image in new tab

KUALA LUMPUR (Feb 20): Middlle Eastern-bas...

Asian Finance Bank, Kuwait Finance House 'committed' to Malaysian biz growth

KUALA LUMPUR (Oct 10): Malaysia's Budget 2016, which will be unveiled this Oct 23, wi...

Malaysia's Budget 2016 - fiscal discipline vs pump-priming

FROM March 11 to 17, a total of 385.38 million shares valued at RM570.95 million were traded off market in blocks of at least 500,000 shares.

Among the companies that saw notable trades was REDtone International Bhd (fundamental: 2.30; valuation: 0.30). On March 16, an 11.21% stake in t...

Off-Market Trades

DRUG-MAKER Hovid Bhd recently saw its share price rise alongside local pharmaceutical peers on speculation that it is a potential beneficiary of a proposal for doctors to leave the dispensing of drugs to pharmacists. 

With half of its sales coming from US-dollar-denominated exports...

Warrants Update: Hovid-WB may ride pharmaceutical M&A wave

Notable filings
Notable shareholding changes from March 9 to 13 included that in Kumpulan Powernet Bhd (fundamental: 1.65; valuation: 1.2), a warp-knitted fabrics manufacturer.

On March 9, Advance Synergy Capital Sdn Bhd disposed of a 20% stake in Powernet throug...

Insider Moves

SOME 404.53 million shares valued at about RM577.75 million were traded off market from March 4 to 10 in blocks of at least 500,000 shares.

Among the more notable transactions were those at Mulpha Land Bhd,  which saw 85.96 million shares, or a 37.65% stake, move off market on Marc...

The Edge Markets

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