Shares of PIE Industrial Bhd extended its rally to a new all-time high on Thursday, after Kenanga Investment Bank flagged that the electronic services firm has secured a new client that will take up the entirety of its largest facility.

PIE Industrial extends rally to new all-time high as Kenanga flags new client

EP Manufacturing Bhd's (EPMB) shares climbed on Tuesday and marked their best day in 10 months after the Shah-Alam based auto parts maker signed an assembly deal with a Chinese carmaker.

EP Manufacturing shares chart best day in 10 months after assembly deal

KUALA LUMPUR (April 12): E-government service provider Theta Edge Bhd’s share price hit limit-up on Friday and closed at its highest in nearly 30 months, making it one of the top gainers of the day across Bursa Malaysia.

Theta Edge closes at highest in nearly 30 months after share price hit limit-up

KUALA LUMPUR (April 12): Astro Malaysia Holdings Bhd’s shares rose to the highest in nearly one month as CGS International reiterated its contrarian call and bet that dividend payouts could rise to 20% by January 2025, as the pay-television operator completes its cost-cutting efforts.

Astro near one-month high as CGS International reiterates contrarian call

KUALA LUMPUR (April 9): Shares of Berjaya Food Bhd surged on Tuesday to its highest in nearly four months, following a news report that tycoon Tan Sri Vincent Tan is considering taking the company private.

Berjaya Food rises on news of potential buyout by Vincent Tan 

Aeon Credit Service (M) Bhd’s shares rose to their highest in nearly two years on a better-than-expected dividend, while analysts continue to urge investors to buy into the consumer finance company’s sustained growth.

Aeon Credit rises to near two-year high on dividend surprise

Shares in Inta Bina Group Bhd rose for the third straight day in active trade on Tuesday, following news of the construction company securing a RM348.92 million contract.

Inta Bina rose as much as 6% or two sen to reach its intraday high of 36.5 sen, its highest since April 2. The stock closed at 36 sen, valuing the group at RM194.51 million, with 11.33 million shares changing hands — more than 10 times its 52-week average.

Inta Bina gains nearly 6% after clinching maiden job for 2024

Shares in Velesto Energy Bhd declined on Friday, set for their worst day in 10 months, as CGS International told investors to stop buying the stock, amid concerns of Saudi Aramco's broader suspension of jack-up rigs.

Velesto shares set for worst day in 10 months as CGS flags concerns

Crescendo Corp Bhd's shares surged to a record high on Friday following the announcement of the Johor-based property developer’s latest land disposal plan.

Property developer Crescendo rises to record high on land disposal

Shares in Press Metal Aluminium Holdings Bhd continued to trend higher on Friday, on the back of rising aluminium prices.

At the time of writing, Press Metal had risen 1.37% or seven sen to RM5.19, with 6.19 million shares traded.

Press Metal extends gains as aluminium prices hold firm

Shares of Press Metal Aluminium Holdings Bhd, the largest aluminium smelter in Southeast Asia by capacity, surged 7.8% on Thursday to hit a one-year high of RM5.14, as investors bet on rising aluminium prices boosting the group's earnings.

Press Metal shares hit one-year high amid rising aluminium prices

Shares in construction outfit Gamuda Bhd surged to a new intraday record on Thursday, as CIMB Securities flagged the group’s potential to secure another two data centre projects, including the AIMS Cyberjaya Block 3.

Gamuda shares hit new record high as CIMB flags potential data centre jobs

TDM Bhd's share price rose to its highest in over three years on Thursday amid growing market valuation ascribed to healthcare-related businesses, particularly after the RM5.7 billion disposal of Ramsay Sime Darby Health Care Sdn Bhd (RSDH) to Columbia Asia Healthcare Sdn Bhd.

Sudden spike in buying interest lifts TDM to three-year high in active trade

Shares of UMediC Group Bhd surged on Thursday after the medical device company secured approval for a proposed listing transfer to the Main Market of Bursa Malaysia.

UMediC surges after securing approval for proposed transfer to Main Market

Donald Trump said on Thursday the survival of Ukraine is important to the US, a shift in tone days before the Republican-led US House of Representatives is due to vote on a US$61 billion (RM291.8 billion) aid package.

Donald Trump says Ukraine's survival is important to US

The Indonesian government is working with central bank governor Perry Warjiyo to cushion the country’s economy from the rise in the US dollar, according to its finance minister.

Indonesian finance chief aims to shield economy from dollar rise

A trader accused of exploiting Mango Markets rules to steal US$110 million (RM526.2 million) from the exchange was convicted of fraud in the first US trial involving criminal charges tied to cryptocurrency manipulation.

Crypto trader convicted in US$110m Mango Markets fraud

The US on Thursday effectively stopped the United Nations from recognising a Palestinian state by casting a veto in the Security Council to deny the Palestinian Authority full membershipof the world body.

US stops UN from recognising a Palestinian state through membership

NEW YORK (April 19): US stocks vacillated on Thursday, swinging from red to green and back as investors contended with the push-pull of a strong economy and restrictive Federal Reserve policy.

Benchmark Treasury yields resumed their climb and gold added strength as ongoing turmoil in th...

Wall Street closes lower; gold climbs amid economic, geopolitical crosswinds

Chinese government-linked hackers have burrowed into US critical infrastructure and are waiting "for just the right moment to deal a devastating blow," FBI director Christopher Wray said on Thursday.

FBI says Chinese hackers preparing to attack US infrastructure

US stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from Federal Reserve officials suggested the central bank was unlikely to cut interest rates in the near future.

Stocks end near flat as investors assess earnings, data

Atalanta progressed to the Europa League semi-finals despite losing 1-0 to Liverpool on Thursday as they triumphed 3-1 on aggregate to move one step closer to a first ever European final for the Serie A side.

Liverpool eliminated as Atalanta book Europa League semi-final place

LILLE (April 19): Aston Villa goalkeeper Emiliano Martinez saved two spot kicks and survived a bizarre red card incident as his side beat French club Lille on penalties to reach the Europa Conference League semi-finals on Thursday.

A chaotic match ended 3-3 on aggregate after Lille's 2-...

Martinez avoids red card, saves penalties to send Villa into semis

A Florida jury on Thursday concluded that Johnson & Johnson's baby powder talc product did not cause the ovarian cancer of a Florida woman who died in 2019.

J&J wins trial over Florida woman who claimed its baby powder caused her cancer

Malaysia’s current tallest building, the Merdeka 118 tower, has been awarded the Leadership in Energy and Environmental Design (LEED) Platinum certification in the LEED v2009 Core and Shell rating system, marking it as the first megatall building in the country to achieve it, according to a press statement on Thursday.&nbsp;

Merdeka 118 first megatall building in Malaysia to get LEED Platinum certification

KUALA LUMPUR (April 18): Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:

Datuk Farhash Wafa Salvador, former political aide to Prime Minister Datuk Seri Anwar Ibrahim, has ceased to be a substantial shareholder of HeiT...

HeiTech Padu, Axiata, AmanahRaya REIT, AmFirst REIT, RHB Bank, 7-Eleven Malaysia, MBSB, Awantec, MAA Group, UMediC, Systech, Pansar, Auro, Kimlun and AWC

KUALA LUMPUR (April 18): AwanBiru Technology Bhd (Awantec) said trading in its shares will be suspended from April 26, after the group failed to submit its regularisation plan to the regulators for approval within the stipulated timeframe.

Awantec faces trading suspension from April 26 after failing to submit regularisation plan

After spending over two years in court due to a suit from Empire Holdings Ltd, MAA Group Bhd, its major shareholder Tunku Datuk Yaacob Khyra and Turiya Bhd have been dropped as parties in the suit over MAA’s purchase of Turiya shares from a Bahrain-based bank. &nbsp;

MAA Group exits legal bout over 2021 Turiya share acquisition under settlement deal

High-impact projects such as the Johor-Singapore Special Economic Zone (JS-SEZ) and&nbsp;Special Financial Zone&nbsp;(SFZ) in Forest City can spur Johor’s economy to outpace that&nbsp;of other states in the next one to two years, said Prime Minister Datuk Seri Anwar Ibrahim.

Special economic, financial zones can help Johor surpass other states economically, says Anwar

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EVENING 5: Five things you need to know today

Bursa Malaysia Securities Bhd has approved the transfer of UMediC Group Bhd’s listing status from the ACE Market to the Main Market, under the 'health care'&nbsp;sector.

Bursa approves UMediC’s transfer to Main Market

A former technician was brought before the Sessions Court again here on Thursday on a charge of posting offensive messages insulting Islam on his Facebook account in&nbsp;March, regarding the sale of stockings bearing the word 'Allah'.

'Allah' socks insults: Former technician brought before Sessions Court again

The developer of the&nbsp;Petaling Jaya Dispersal Link (PJD Link) expressway will receive an official letter soon, notifying it of the cancellation of the construction project.

PJD Link developer to get official letter soon on cancellation, says Nanta

Swiss state prosecutors are seeking long prison terms for two men accused of embezzling US$1.8 billion from 1Malaysia Development Bhd (1MDB) — Saudi-Swiss businessman Tarek Obaid and his Swiss-British business partner Patrick Mahony, the AFP reported.

Swiss prosecutors seek long jail terms for duo in US$1.8bil 1MDB fraud — report

The allocations that the government has agreed to consider extending to elected representatives from the opposition are subject to terms and conditions, said DAP Parliament chief whip Nga Kor Ming.

Nga: Proposed allocations for opposition reps conditional

KUALA LUMPUR (April 18): 7-Eleven Malaysia Holdings Bhd, known for its extensive network of convenience stores, declared on Thursday an interim dividend of 2.7 sen per share for its financial year ended Dec 31, 2023 (FY2023), after posting a record high net profit.

7-Eleven declares 2.7 sen dividend for FY2023

FE Green Pet (M) Sdn Bhd’s new high-tech recycling factory is expected to make Melaka a green investment destination and complement the economic growth strategy in the state, said Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.

He said with an investment totalling approximately RM958 million, the plant on 14 hectares of land is projected to be completed by 2Q 2025, creating almost 500 jobs.

RM958 mil high-tech recycling factory puts Melaka on green investors map — Ab Rauf

(April 18):&nbsp;The world of chocolate is facing such immense cocoa shortages that the wild trading lured an unlikely player&nbsp;—&nbsp;Pierre Andurand, a hedge-fund manager best known for his bets on oil.&nbsp;

Why the world of chocolate is in crisis

Kimlun Corporation Bhd has bagged a construction contract worth RM150 million for a serviced apartment development project in Johor Bahru.

In a bourse filing on Thursday, Kimlun said its wholly-owned subsidiary Kimlun Sdn Bhd received the award as the main contractor for the Aliva Mount Austin residential project from Astaka Development Sdn Bhd, a subsidiary of Singapore-listed Astaka Holdings Limited.

Kimlun bags RM150 mil contract for residential construction project in Johor

More than a year after it diversified into the sand dredging business, timber products manufacturer Auro Holdings Bhd (formerly known as NWP Holdings Bhd) is proposing to venture into the food and beverage (F&amp;B) business.

The proposed diversification is aimed at expanding its revenue stream and reducing its reliance on the wood-based and sand mining industries, said the loss-making company in a bourse filing on Thursday. &nbsp;

Auro forays into F&B business to cut dependence on wood-based and sand mining industries

The Penang government will wait&nbsp;for&nbsp;recommendations from the&nbsp;undersea tunnel project&nbsp;steering committee before making any decision&nbsp;regarding the implementation of the project, said&nbsp;Chief Minister&nbsp;Chow Kon Yeow.

Undersea tunnel: Penang to wait for steering committee's recommendations, says Chow

（吉隆坡18日讯）马建屋（Malaysia Building Society Bhd）建议在截至2023年12月31日财年（2023财年）派发每股3.5仙终期股息，总值2亿8778万令吉。

马建屋建议2023财年派息3.5仙

With 94% of Malaysian companies gearing up for an artificial intelligence (AI) driven future, National Technology and Innovation Sandbox (NTIS) together with NVIDIA has launched an AI pilot sandbox programme.

MOHE estimates 13,000 new AI talents by 2026

Indonesia discouraged its state-owned enterprises from making huge dollar purchases, showing the all-hands-on-deck approach that the nation has taken to support the rupiah.

State-run firms with large import requirements or foreign currency-denominated debt must avoid buying large amounts of US dollars while the rupiah is under pressure, Coordinating Minister for Economic Affairs Airlangga Hartarto said in a briefing on Thursday.

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