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Ringgit Rises As Risk Appetite Returns On Strait Of Hormuz Assurances

By Danni Haizal Danial Donald

KUALA LUMPUR, May 4 (Bernama) -- The ringgit strengthened against regional peers at the close as investors’ risk appetite improved, underpinned by growing confidence in safe passage through the Strait of Hormuz.

AGC Biologics Expands Deal With Novelty Nobility For Antibody Production

KUALA LUMPUR, May 4 (Bernama) -- AGC Biologics, a global biopharmaceutical contract development and manufacturing organisation (CDMO), has expanded its manufacturing agreement with South Korea-based biotech company Novelty Nobility to advance a bispecific antibody drug candidate.

KLCI Futures Close Higher

KUALA LUMPUR, May 4 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures on Bursa Malaysia Derivatives closed higher in line with the steady performance of the cash market.

Malaysia's Near-term Manufacturing Outlook Remains Firm -- Kenanga Investment

KUALA LUMPUR, May 4 (Bernama) -- Malaysia’s manufacturing purchasing managers’ index (PMI), which rose to 51.6 in April 2026, signals a firm near-term outlook driven mainly by precautionary stockpiling rather than strong end-demand, said Kenanga Investment Bank Bhd.

Company Secretary Fined RM50,000 For AMLA Breaches, Submitting False Information

KUALA LUMPUR, May 4 (Bernama) -- A company secretary has been fined RM50,000 for anti-money laundering violations and for providing false information to the Registrar of Companies.

Modon Sells Out Tara Park Project, Nears 2 Bln Emirati Dirham In Sales

KUALA LUMPUR, May 4 (Bernama) -- Modon, an Abu Dhabi-headquartered international holding company, has announced the sell-out of Tara Park on Reem Island, with the project generating nearly two billion Emirati dirham in sales. (100 Emirati dirham = RM107.65)

LyondellBasell Completes Sale Of European Assets To AEQUITA

KUALA LUMPUR, May 4 (Bernama) -- LyondellBasell (LYB) announced it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA, marking a key milestone in its strategic review of operations in the region.

Pepper Industry Continues To Grow With RM2.27 Bln Contribution In 2025

KUCHING, May 4 (Bernama) -- The country’s pepper industry has recorded positive growth with revenue contribution rising to about RM2.27 billion last year from RM2.24 billion in 2024, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.

Rubber Closes Mixed Amid Ringgit Gains, Higher Crude Oil

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, May 4 (Bernama) -- The rubber market closed mixed on Monday amid a stronger ringgit against the US dollar and higher crude oil prices, a dealer said. 

Bursa Malaysia Closes At Intraday High On Broad-based Buying, Improved Sentiment

By Siti Noor Afera Abu

KUALA LUMPUR, May 4 (Bernama) -- Bursa Malaysia ended at an intraday high on broad-based buying, reflecting improving sentiment on the local front, analysts said.

OTC Markets Taps JP Chan To Lead APAC Operations Amid Regional Growth

KUALA LUMPUR, May 4 (Bernama) -- OTC Markets Group, an operator of regulated markets for more than 12,000 United States (US) and international securities, has appointed JP Chan as Senior Vice President and Regional Head for Asia-Pacific (APAC) as it expands its presence in the region.

Xenco Medical Named To TIME100, Wins 2026 Health Impact Award

KUALA LUMPUR, May 4 (Bernama) -- Xenco Medical has been named to the TIME100 Most Influential Companies in the World and the Winner of the 2026 TIME100 Impact Award in Health by Time Magazine.