Bursa Malaysia Ends Higher Amid Optimism Over US-China Trade Talks, ASEAN Summit

By Abdul Hamid A Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia closed higher today, tracking regional gains, as investor sentiment was lifted by optimism over a potential United States (US)–China trade deal and positive vibes from the ongoing ASEAN meeting, which boosted confidence in regional economic cooperation.

KNM To Be Delisted From Bursa Malaysia On Nov 5

KUALA LUMPUR, Oct 27 (Bernama) -- Practice Note 17 (PN17) company KNM Group Bhd will be delisted from the official list of Bursa Malaysia Securities Bhd on Nov 5, following the rejection of its regularisation plan by the stock exchange.

Foreign Investors Extend Net Selling With US$1.74 Bln Outflow From Asian Markets

KUALA LUMPUR, Oct 27 (Bernama) -- Foreign investors extended their net selling streak to two consecutive weeks across Asian markets last week, recording US$1.74 billion of net foreign outflows.

THMY Holdings Soars 158 Pct Above IPO Price On ACE Market Debut

KUALA LUMPUR, Oct 23 (Bernama) -- THMY Holdings Bhd, a test solutions engineering provider, made its debut on the ACE Market of Bursa Malaysia with a strong 158 per cent premium over its initial public offering (IPO) price of 31 sen.

Hologic To Be Acquired By Blackstone, TPG In US$18.3 Bln Deal

KUALA LUMPUR, Oct 22 (Bernama) -- Hologic Inc announced it has entered into a definitive agreement to be acquired by funds managed by Blackstone and TPG in a transaction valued at up to US$79 per share, representing an enterprise value of up to US$18.3 billion. (US$1=RM4.22)

CUSTA Doubles To 4,000 Products, Offers Unlimited Customisation

KUALA LUMPUR, Oct 22 (Bernama) -- Homegrown customisation e-commerce platform CUSTA Sdn Bhd has unveiled a full-scale renewal of its service, doubling its catalogue to 4,000 products and introducing unlimited customisation combinations with instant pricing and lead-time visibility.

Foreign Investors End Two-week Buying Streak, Pull US$1.71 Bln From Asian Markets

KUALA LUMPUR, Oct 21 (Bernama) -- Foreign investors turned net sellers, ending their two-week consecutive streak of net buying activity across Asian markets last week, recording US$1.71 billion of net foreign outflows. 

Shipbuilding & Ship Repair Sector Draws Over RM1 Bln Investments From 2021 To Mid-2025 - MITI

KUALA LUMPUR, Oct 16 (Bernama) -- The shipbuilding and ship repair (SBSR) sector has attracted investments worth over RM1 billion in shipbuilding projects and maintenance, repair and overhaul (MRO) services from 2021 to mid-2025.

Rubber Market Extends Mixed Performance, Tracking Regional Futures

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 16 (Bernama) -- The Malaysian rubber market closed mixed again today, reflecting softer regional rubber futures and fluctuating crude oil prices, said a dealer.

ASEAN’s Aim For Fully Integrated Power Grid By 2045 Ambitious But Achievable -- World Bank

KUALA LUMPUR, Oct 15 (Bernama) -- ASEAN’s goal to build a fully integrated regional power grid by 2045 is ambitious but achievable, said World Bank lead energy specialist Yussuf Uwamahoro.

ASEAN's Energy Transition No Longer Aspirational But Competitive Necessity - UEM Group

KUALA LUMPUR, Oct 15 (Bernama) -- The road to energy transition and renewable energy (RE) in the ASEAN region is no longer aspirational but a competitive necessity, said UEM Group Bhd managing director Datuk Amran Hafiz Affifudin.

Southern Cable To Raise Up To RM259 Mln To Fund Capacity Expansion

KUALA LUMPUR, Oct 14 (Bernama) -- Southern Cable Group Bhd has proposed a private placement of up to 10 per cent of its total issued shares to raise as much as RM259 million to finance a multi-year expansion plan aimed at boosting its production capacity.