Business

Genting to be included in three FTSE4Good indices, effective Dec 22

KUALA LUMPUR: Genting Bhd will be included for the first time in three of the FTSE4Good indices, which are the FTSE4Good Bursa Malaysia Index, FTSE4Good ASEAN 5 Index, and FTSE4Good Emerging Index, with the inclusion taking effect on Dec 22, 2025.

Corporate News

Vantris Energy posts RM4.27bil quarterly profit following restructuring

PETALING JAYA: Vantris Energy Bhd, formerly Sapura Energy Bhd, returned to the black in the third quarter ended Oct 31, 2025 (3Q26), posting a net profit of RM4.27bil compared with a net loss of RM293.06mil a year earlier, following the completion of its financial restructuring.

Corporate News

EPMB boosts Melaka plant capacity to 30,000 units with Phase 2 launch

KUALA LUMPUR: EP Manufacturing Bhd (EPMB) has launched Phase 2 of its Melaka plant, lifting annual production capacity to 30,000 units from 6,000 currently and advancing its move from a Tier-1 component supplier to a vertically integrated vehicle assembly partner for global automakers.

Business

Gemas-Johor Bahru double-tracking project proves capability of local workforce

JOHOR BAHRU: The 192-kilometre Gemas-Johor Bahru electrified double-tracking project, inaugurated today, marks a major achievement that demonstrates the ability of local engineers and workers to build world-class infrastructure.

Markets

F4GBM Index expands with 26 constituents, F4GBMS Index adds 24

KUALA LUMPUR: Bursa Malaysia Bhd has announced 26 inclusions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and 24 inclusions to the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index.

Markets

Guan Huat Seng signs IPO underwriting agreement with TA Securities

KUALA LUMPUR: Guan Huat Seng Holdings Bhd (GHS Holdings), a Melaka-based distributor, retailer and flavouring products manufacturer, has signed an underwriting agreement with TA Securities Holdings Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Forex

Ringgit jumps to 4.10 against greenback, highest in four and a half years

KUALA LUMPUR: The ringgit bounced to the 4.10 level against the US dollar at Thursday's close, hitting a new high in four years and six months after the US Federal Reserve (Fed) cut interest rates for the third time this year, which weighed on the greenback.

Corporate News

Oasis Harvest to acquire 80% of Contagious for RM900,000

KUALA LUMPUR: Oasis Harvest Corp Bhd has proposed to acquire an 80% stake in Contagious (Malaysia) Sdn Bhd for RM900,000 cash.

Business

Upgrade of Malaysia's illicit finance rating reflects whole-of-nation effort, says BNM Governor

KUALA LUMPUR: The Financial Action Task Force's move to upgrade Malaysia's status to "Regular Follow-Up" status, the highest category under the mutual evaluation process, reflects a whole-of-nation commitment and efforts, Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour said today.

Corporate News

AGX proposes one-for-four bonus issue of 108 million warrants

KUALA LUMPUR: AGX Group Bhd has proposed a bonus issue of up to 108.22 million warrants on the basis of one warrant for every four existing shares held.

Nation

Malaysia has recovered RM37.63bil in assets, a 15-fold increase, states financial crime report

KUALA LUMPUR: Malaysia has recorded significant asset recovery through clear emphasis at policy and operational levels, resulting in a 15-fold increase since the 2015 mutual evaluation report, totalling RM37.63bil in assets, says global financial crime watchdog Financial Action Task Force and Asia/Pacific Group on Money Laundering.

Corporate News

Critical Holdings wins RM40.8mil contract for data centre project

KUALA LUMPUR: Critical Holdings Bhd's wholly owned subsidiary, Critical M&E Engineering Sdn Bhd, has secured a RM40.8mil contract for mechanical engineering works at a data centre project in Bukit Jalil, Selangor.

Business

Watchdog upgrades Malaysia’s illicit finance rating

KUALA LUMPUR: Global financial crime watchdog, the Financial Action Task Force (FATF) and Asia/Pacific Group on Money Laundering (APG) in a report published today, revealed that Malaysia has further strengthened its defences against illicit finance since 2015, notably by enhancing its legal framework and supervision of financial and non-financial sectors.

Markets

FBM KLCI rallies to intraday high, outperforming regional markets

KUALA LUMPUR: The FBM KLCI rallied to its intraday high on Thursday, outperforming regional peers on improved investor appetite.

Retail

Cold Storage reopens in Perak with launch of Ipoh outlet

IPOH: Upscale supermarket Cold Storage has returned to Perak with the official opening of its new outlet at Sentra Mall Ipoh today, marking a renewed commitment to strengthening its presence within local communities.

Energy

Oil retreats as investor focus returns to Ukraine peace talks

SINGAPORE: Oil prices eased on Thursday as investors shifted focus back to Russia-Ukraine peace talks and monitored potential fallout from a U.S. seizure of a sanctioned tanker off the coast of Venezuela.

Business

Malaysia's 1MDB money laundering probe a significant achievement, says report

KUALA LUMPUR: The complex money laundering investigations related to 1Malaysia Development Bhd (1MDB) are a significant achievement and demonstrate enhanced coordination between various law enforcement agencies (LEAs), Bank Negara Malaysia (BNM), the Financial Intelligence Unit (FIU) and the Attorney General's Chambers (AGC).

Markets

Asian equities see biggest foreign outflows in nearly six years on tech valuation fears

ASIAN equities witnessed their largest monthly foreign outflows in nearly six years in November, driven by a selloff in high-flying technology stocks as concerns over stretched valuations prompted investors to cut exposure.

Markets

Ambest signs underwriting deal with Malacca Securities for ACE Market IPO

KUALA LUMPUR: Ambest Group Bhd, an engineering support services provider specialising in precision machining, has signed an underwriting agreement with Malacca Securities Sdn Bhd for its proposed initial public offering (IPO) on the ACE Market of Bursa Malaysia.

Forex

Asian FX steady after Fed rate cut; Oracle stokes AI profitability scare

EMERGING Asian equity markets traded mixed on Thursday, while currencies held steady as market participants digested less-hawkish-than-feared comments from U.S. Federal Reserve Chair Jerome Powell after a widely expected interest rate cut.