Pekat Group Bhd's (KL:PEKAT) net profit for the quarter ended March 31, 2025 (1QFY2025) was three times higher at RM12.06 million, versus RM3.78 million a year ago, backed by higher revenue.

Pekat's 1Q profit triples as all segments lift

Malaysia's minimum wage policy has narrowed the wage disparity between entry-level workers with different education qualifications over the past decade, according to a recent survey by PNB Research Institute.

Minimum wage growth narrows Malaysia's education-based pay gap — PNB Research

WITH five of Malaysia’s top six banks among its clients, more than 90% of Cloudpoint Technology Bhd’s (KL:CLOUDPT) revenue has come from the financial services industry (FSI) in the past three years.

Cloudpoint executive director and CEO Datuk Wira Choong Wai Hoong acknowledges that the...

Main Market-bound Cloudpoint seeks clients beyond financial sector

Airbus is reinforcing its commitment to aviation safety with the expansion of the Airbus Helicopters Training Academy in Malaysia, and the addition of a third full-flight simulator (FFS) in Subang, Selangor.

Airbus expands helicopter training academy, adding third flight simulator in Subang

Malaysia Aviation Group Bhd (MAG) has extended Airbus’ flight hour services (FHS) to cover the airline's new A330neo fleet.

FHS is reportedly a comprehensive maintenance programme offering integrated services such as component management, on-site stock, pool access, and repair services to support airlines.

Malaysia Aviation Group extends Airbus maintenance programme for A330neo fleet

CGS International Securities Malaysia Sdn Bhd (CGS MY) is targeting to facilitate a total of RM3 billion in foreign direct investment in the region and RM3 billion in assets under management in the establishment of single-family office ventures.

CGS aims to drive growth in Johor-Singapore SEZ with RM6b investment facilitation target

Honda Motor Co scaled back investment plans and lowered sales targets for electric vehicles, as consumer demand remains lacklustre and environmental regulations are weakened in major markets abroad.

Honda walks back EV investment, sales targets on poor demand

KUALA LUMPUR (May 20): The Malaysian Palm Oil Council (MPOC) expects palm oil prices to remain within the RM3,750 to RM4,050 per tonne range in May 2025, before gradually recovering amid weak energy prices and biodiesel margins.

CPO price capped at RM4,050 in May before recovery, says MPOC

Mr DIY Group (M) Bhd

Target price: RM2.09 ADD

Brokers Digest: Local Equities - Mr DIY Group (M) Bhd, CIMB Group Holdings Bhd, Tasco Bhd, Axiata Group Bhd

All local authorities in Selangor have been instructed to take immediate action to seize and confiscate advertisements related to electronic cigarette products in the state.

Selangor orders seizure of all e-cigarette advertisements

XOX Bhd’s (KL:XOX) managing director Datuk Kenneth Vun said on Tuesday that he is committed to good governance and transformation.

MD Kenneth Vun pledges good governance, transformation for XOX

KUALA LUMPUR (May 20): The judge who made the landmark judgement that quashed the unilateral conversion of M Indira Gandhi’s three children in 2013, Datuk Lee Swee Seng, has been elevated from the Court of Appeal to the Federal Court.

Three elevated to Federal Court and Court of Appeal, including judge in Indira Gandhi’s children’s conversion case

Retail traders went on a record dip buying spree on Monday, reversing a 1% decline in the S&amp;P 500 Index triggered by the US&nbsp;credit downgrade&nbsp;from Moody’s Ratings late last week.

Individual investors purchased a net US$4.1 billion in US stocks through 12.30pm&nbsp;in New York, the largest level ever for that time of day — and broke the US$4 billion threshold by noon for the first time ever, according to data compiled by JPMorgan Chase &amp; Co&nbsp;quantitative and derivative strategist Emma Wu.

Retail traders go on record dip buying spree, calming a jumpy stock market

Shares of PEOPLElogy Bhd (KL:PEOPLE) fell slightly on its first-ever trade on Tuesday before rebounding after the consultancy and training firm raised RM26.25 million from a share sale on the ACE Market.

PEOPLElogy rebounds after weak debut on ACE Market

Corporate Malaysia has been disappointing with their first-quarter results announced so far, while&nbsp;cuts to banks' earnings outlook threaten&nbsp;the potential upside for the FBM KLCI, CIMB Securities said on Tuesday.

Earnings season in Malaysia underwhelming so far, CIMB Securities says

China&nbsp;cut benchmark lending rates for the first time since October on Tuesday, while major state&nbsp;banks&nbsp;lowered deposit rates as authorities worked to ease monetary policy to help buffer the economy from the impact of the Sino-US&nbsp;trade war.

China cuts key rates to aid economy as trade war simmers

KUALA LUMPUR (May 20): Affin Bank Bhd (KL:AFFIN) is seen to have strong growth potential in Sarawak, following the Sarawak government’s emergence as its largest shareholder, analysts said.

Analysts see strong growth potential for Affin Bank following Sarawak govt’s rise as largest shareholder

GOOD things come to those who wait. Will this eventually be the case for Genting Malaysia Bhd’s (KL:GENM) investment in Empire Resorts Inc, a New York-based casino operator that was on the brink of filing for bankruptcy in 2019?

Empire Resorts is still bleeding red ink, six years after ...

Genting Malaysia raises eyebrows with RPT again

Haitian Group, an industrial equipment manufacturer from China, has broken ground on Phase 1 of its RM3 billion regional manufacturing hub at Eco Business Park II (EBP II) in Iskandar Malaysia, Johor. The 92-acre site was acquired in 2022 by its subsidiary Haitian Machinery (Malaysia) Sdn Bhd from Eco Business Park 2 Sdn Bhd, a wholly owned subsidiary of Eco World Development Group Bhd (KL:ECOWLD).

Haitian Group breaks ground on RM3b manufacturing hub in EcoWorld's Eco Business Park II in Iskandar Malaysia, Johor

Petronas Chemicals Group Bhd (KL:PCHEM) reported a net loss of RM18 million for the first quarter ended March 31, 2025 (1QFY2025) on lower sales margins, supply problems at Pengerang Petrochemicals Company Sdn Bhd (PPC), foreign exchange losses and rising costs.

Petronas Chemicals reports RM18m net loss in 1Q on weaker margins, supply issues and forex losses

KUALA LUMPUR (May 20): Malaysia’s trade surplus shrank in April this year, as sharp gain in imports from inbound capital goods outpaced the surge in exports, official data released on Tuesday showed.

Malaysia’s trade surplus shrinks in April as imports outpace exports

Eversendai Corp Bhd (KL:SENDAI) has won RM1.3 billion in new contracts for projects in the United Arab Emirates, India and Singapore, including a major renewable energy infrastructure job in Germany through a subcontract.

Eversendai bags RM1.3b global projects, including German offshore wind job

HONG KONG/SYDNEY (May 20): Shares of China battery giant CATL opened 12.5% higher than the subscription price on Tuesday, after the company raised US$4.6 billion (RM19.73 billion) in its Hong Kong listing, the largest of its kind in the world this year.

Shares of China's CATL open 12.5% higher in Hong Kong trading debut

Foreign investors in the Johor-Singapore Special Economic Zone (JS-SEZ) have agreed to offer premium salaries starting from RM3,500 to local workers.

Investors in Johor-Singapore SEZ agree to offer premium salaries starting at RM3,500 for diploma and RM4,000 for degree holders — MB

LANGKAWI (May 20): An aerial display by three F/A-18D Hornet aircraft and three Sukhoi SU-30MKM fighter jets, belonging to the Royal Malaysian Air Force (RMAF), kick-started the&nbsp;Langkawi International Maritime and Aerospace Exhibition 2025 (Lima’25) on Tuesday.

Lima’25 kicks off with spectacular aerial display by RMAF  

Astaka Holdings Ltd, along with its joint-venture partner&nbsp;Kimlun Corp Bhd (KL:KIMLUN), has commenced construction of Arden, a 68-storey serviced residence with a gross development value of RM800 million, with the ground-breaking ceremony held on Monday.

Astaka and Kimlun break ground on RM800m Arden tower in Johor-Singapore SEZ

An amendment to the Audit Act 1957 (Act 62), which came into force last year, empowers the National Audit Department&nbsp;to conduct thorough audits of 1,856 government-linked companies (GLCs), said Auditor General Datuk Seri Wan Suraya Wan Mohd Radzi.

National Audit Department's powers expanded to cover 1,856 GLCs, says auditor general

Asian shares rose for the first time in four days, mirroring gains in the US that placed the S&amp;P 500 index on the brink of a bull market.

Asian stocks advance after rebound on Wall Street

Samaiden Group Bhd (KL:SAMAIDEN), through its&nbsp;wholly owned subsidiary&nbsp;Samaiden Sdn&nbsp;Bhd, has secured a RM45 million job from&nbsp;PAXS Renewable Sdn&nbsp;Bhd&nbsp;for&nbsp;works at a large-scale solar photovoltaic power plant of 9.99MWac in Kedah.

Samaiden unit secures RM45m job for solar PV plant in Kedah

TAIPEI, Taiwan (May 20): US computer data storage giant Kingston Technology Corp is sharpening its focus on high-growth sectors, such as artificial intelligence (AI) and aerospace, as demand for high-performance computing infrastructure accelerates globally.

Kingston to bank on AI, aerospace tech

SINGAPORE (Aug 31): Singapore Myanmar Investo is placing out more than 15.4 million new shares at 48 cents each with the help of CLSA Singapore
to raise S$7 million in net proceeds.

The placement price represents a discount of about 8.5% to the volume weighted average price of 52...

Singapore Myanmar Investco to raise S$7 mil in private placement

SINGAPORE (Aug 31): CIMB is maintaining its “add” on Cityneon with target price of S$1.27 after the group announced the acquisition of JP Exhibition which holds global rights to the Jurassic World travelling
exhibition.

In 2016, /Jurassic World: The Exhibition/ made a six-month s...

Cityneon set to roar with Jurassic World acquisition, says CIMB

SINGAPORE (Aug 31): IPCO International says its auditors had been unable to obtain sufficient appropriate evidence regarding "the nature and veracity" of a transaction related to Xiaogan He Shun Investment Management Centre.

This was because IPCO’s auditors were unable to obtain suffici...

IPCO says auditors unable to verify dubious transactions as they had occurred recently

SINGAPORE (Aug 31): Ride-hailing firm Grab has signalled its intention to move beyond transportation.

The private hire car service operator on Wednesday launched its peer-to-peer fund transfer feature, allowing users to transfer credits
to others via its in-app mobile wallet....

This ride-hailing app now wants to grab a share of the e-payments pie

SINGAPORE (Aug 3): Maybank KimEng likes Manufacturing Integration Tech (MIT) for issuing a positive guidance for 1H17 and is expecting the group to return to profitability on resumption in orders.

In a unrated report for retail investors, analyst Teh Kwong Yew says, “The turnaround is s...

Manufacturing Integration Tech to gain from iPhone 8 launch

SINGAPORE (Aug 3): Michael Wong Pakshong, the Monetary Authority of Singapore’s (MAS) first managing director who served at the post from 1971 to 1981, passed away on Wednesday morning at the age of 86.

In a statement yesterday, MAS conveyed its condolences to Wong’s family, and remembe...

MAS first managing director Michael Wong Pakshong dies at 86

SINGAPORE (July 21): A Singapore Telecommunications (Singtel) spokesperson says its credit ratings “continue to be strong among [its] peers,” after rating agency Moody’s Investors Service on Friday cut Singtel’s senior unsecured ratings to A1, from Aa3.

Despite the downgrade, Moody’s sa...

Singtel says credit ratings still strong following Moody’s downgrade to A1

SINGAPORE (July 21): Regal International Group, the former Hisaka Holdings, is acquiring land in Sarawak to build a residential cum retail development.

Regal International's Malaysian subsidiary Temasek Regal Capital signed a conditional sale and purchase agreement to acquire Wisma Maju...

Regal International to acquire Sarawak land for residential cum retail development

SINGAPORE (July 21): An economic recovery in the US and a surge in the country’s equity markets following the US election have hogged the headlines over the past 12 months.

Still, the best-performing Singapore-registered equity funds have been those holding Chinese and European stocks. ...

Special Fund Focus: Chinese and European equity funds have performed well this year

SINGAPORE (July 21): Religare is staying positive on Singapore office REITs as the sector has posted an average YTD return of 16.9%.

This is despite soft office fundamentals and a slowing GDP.

In a Friday report, analyst Ti Wee Pang says office vacancy has to rebound...

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