SAMENTA Urges ASEAN To Deepen Intra-Regional Trade Through Collaboration

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 23 (Bernama) -- The Small and Medium Enterprises Association Malaysia (SAMENTA) has urged ASEAN leaders to deepen intra-ASEAN trade through collaboration rather than competition, noting that trade within the bloc remained around 20 per cent for more than a decade.

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.

Perak Transit Unaware Of Any Development Behind Sharp Share Decline

KUALA LUMPUR, Oct 23 (Bernama) -- Perak Transit Bhd said it is unaware of any corporate development related to its business or operations following a sharp 47.2 per cent drop in its share price to 34 sen yesterday -- the lowest level in more than three years.

ATIGA To Hasten Region’s Emergence As Unified Growth Engine, Raise ASEAN's Bargaining Power - Economist

By Danni Haizal Danial Donald

KUALA LUMPUR, Oct 23 (Bernama) -- The upgraded ASEAN Trade in Goods Agreement (ATIGA) will further accelerate Southeast Asia’s emergence as a self-reliant and unified growth engine able to stave off headwinds from economic superpower rivalry, an economist said.

Bursa Malaysia Opens Lower But Gains Momentum Thereafter

KUALA LUMPUR, Oct 23 (Bernama) -- Bursa Malaysia opened lower in early trading today but rose slightly thereafter, led by buying interest, mainly in the plantation and construction counters.

Olympian Mohd Azizulhasni Becomes Substantial Shareholder In Systech

KUALA LUMPUR, Oct 22 (Bernama) -- Digital technology company Systech Bhd today announced that Datuk Mohd Azizulhasni Awang has emerged as a substantial shareholder in the company.

Bursa Malaysia Ends Lower On Profit-Taking In Line Regional Weakness

By Siti Noor Afera Abu

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia’s key index reversed yesterday’s gains to close lower on Wednesday, tracking most regional peers, as profit-taking took centre stage.

Digital Policy Alignment Crucial To Unlock Next Phase Of ASEAN-S. Korea Growth 

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Oct 22 (Bernama) -- Closer policy alignment between ASEAN and South Korea is key to unlocking the next phase of digital-driven growth in Southeast Asia and foster mutually beneficial economic linkages, a technology research expert said.

Malaysia Open To Downstream REE Joint Ventures - Tengku Zafrul

By Harizah Hanim Mohamed

KUALA LUMPUR, Oct 22 (Bernama) -- Malaysia is open to foreign companies establishing joint ventures with local firms to develop rare earth minerals in Malaysia.

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)

Bursa Malaysia Opens Marginally Higher, Retreats Thereafter

KUALA LUMPUR, Oct 22 (Bernama) -- Bursa Malaysia opened marginally higher but retreated thereafter despite the positive overnight performance on Wall Street as investors assessed that there was little progress towards de-escalating the trade war and concerns about the United States (US) government shutdown.

Petronas Partners With Oman's OQEP To Advance Upstream Collaboration

KUALA LUMPUR, Oct 21 (Bernama) -- Petroliam Nasional Bhd (Petronas), through its subsidiary Petronas Carigali Sdn Bhd (Petronas Carigali), has collaborated with OQ Exploration and Production New Ventures LLC (OQEP) to jointly pursue oil and gas exploration and production across the Middle East and Southeast Asia.