<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 9): Shares in Gamuda Bhd extended losses in active trade this morning following news reports the federal government will retender all the unfinished underground work of the Mass Rapid Transit Line 2 (MRT2) project.</p></div>

<div class=newsTextDataWrapInner><p>At 9.15am, Gamuda was the most actively traded stock and fell 1.24% or 3 sen to RM2.40 with 16.67 million shares done.</p></div>

<div class=newsTextDataWrapInner><p>Yesterday, Gamuda slumped after the cabinet decided to terminate the underground work contract of the MRT2 with MMC Gamuda KVMRT Sdn Bhd, a joint venture (JV) between Gamuda and MMC Corp Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At 5pm, Gamuda shares were down 78 sen to settle at RM2.43 while MMC dropped 22 sen to close at RM1.13.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, Bursa said in a special announcement yesterday proprietary day trading (PDT) and intraday short selling (IDSS) of Gamuda and MMC shares have been suspended for the rest of the day.</p></div>

<div class=newsTextDataWrapInner><p>This was because the last done price of the approved securities dropped more than 15 sen or 15% from the reference price.</p></div>

<div class=newsTextDataWrapInner><p>MMC Corp, meanwhile, rose 1.77% or 2 sen to RM1.15 with 374,000 shares traded.</p></div>


KUALA LUMPUR (Oct 9): Shares in Gamuda Bhd extended losses in active trade this morning following news reports the federal government will retender all the unfinished underground work of the Mass Rapid Transit Line 2 (MRT2) project.

At 9.15am, Gamuda was the most actively traded stock a...

Gamuda most active, extends loss 

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German police have arrested an assistant to a European Parliament member on suspicion of "an especially severe case" of espionage for China, prosecutors said on Tuesday, appearing to refer to a staffer for the far-right Alternative for Germany.

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Global shares rose on Tuesday, driven by a recovery on Wall Street, where investor focus is pinned on earnings reports from the US megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from Japanese officials.

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Millennial and Generation Z (Gen Z) Muslims in Southeast Asia are increasingly embracing Islamic banking, with 77% of Malaysians and 65% of Indonesians surveyed using it alongside traditional banking, compared with only 31% globally, according to a report.

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Chinese bubble tea maker Sichuan Baicha Baidao Industrial Co plunged more than 38% in its trading debut in Hong Kong, the latest setback for the city as it attempts to revive its moribund financial markets.

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ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.

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<p>The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.</p>




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<p>Ten members of the Royal Malaysian Navy (RMN) were confirmed dead in an incident where two helicopters collided and crashed at the Royal Malaysian Navy (RMN) base in Lumut, Perak on Tuesday morning.</p>


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<p>Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.</p>


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<p>Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.</p>


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<p>Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.</p>


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<p>Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.</p>


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<p>Global shares rose on Tuesday, driven by a recovery on Wall Street, where investor focus is pinned on earnings reports from the US megacaps, while the yen hit a new 34-year low against the dollar, prompting a warning from Japanese officials.</p>


<p>Swatch Group (M) Sdn Bhd&nbsp;said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches were sold.</p>


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<p>ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.</p>


<p>Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.</p>


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<p>Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;</p>

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<p>Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.</p>


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<p>Moomoo Malaysia, an online trading platform, garnered 100,000 clients within six weeks of its launch, making it one of the most downloaded financial mobile applications in Malaysia.&nbsp;</p>


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<p>Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.</p>


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<p>The two helicopters which collided and crashed at the Royal Malaysian Navy (RMN) Base were undergoing a rehearsal for the third time in conjunction with RMN Fleet Open Day celebration scheduled on Saturday (April 27).</p>
