Shares of EP Manufacturing Bhd (EPMB) climbed on Tuesday and set for its best day in 10 months after the auto parts maker signed a 10-year vehicle assembly deal with a Chinese carmaker.

EP Manufacturing shares set for 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

Shares in MISC Bhd surged to a new record high on Tuesday, as the latest contract wins point to rising demand for liquefied natural gas (LNG) carriers, as Qatar prepares to sharply raise output, analysts said.

MISC surges to new record high as QatarEnergy contract wins boost prospects

China’s rapidly expanding petrochemicals industry is making life increasingly difficult for producers in Asia’s next-biggest exporter of the building blocks for making plastics.
 
Asia’s largest economy used to be the major market for South Korean companies like LG Chem Ltd and Lotte Chemical Corp. But the exporters of the chemicals used to make everything from nylon to disposable bottles and car interiors are now being forced to downsize their operations after a frenzy of petchem-plant building in China over the last few years created a supply glut.

China’s growing plastics dominance is squeezing out Asian rivals

Microsoft Corp will invest US$1.5 billion (RM7.19 billion) in the United Arab Emirates’ top artificial intelligence firm, G42, bolstering the Abu Dhabi-based company’s commitment to scale back its presence in China.

Microsoft invests US$1.5b in UAE’s G42, will get board seat

Datuk Abdul Rahman Ahmad will return to Permodalan Nasional Bhd (PNB) as its president and group chief executive effective July 1, 2024, the government-linked investment company said.

PNB names Abdul Rahman Ahmad as president, group chief executive

Bursa Malaysia ended the morning session lower on Tuesday, in tandem with the weaker regional performance due to a broad sell-off on Wall Street overnight, said an analyst.

Bursa ends morning session lower along with regional peers

CIMB Group Holdings Bhd, Malaysia’s second-biggest banking group by assets, said on Tuesday its chief executive Datuk Abdul Rahman Ahmad will step down on June 30.

CIMB says CEO Abdul Rahman Ahmad stepping down on June 30

[Branded] The palm oil industry, often vilified by Western lobbyists, has made great strides in the environmental, social, and corporate governance (ESG) arena. Malaysian Palm Oil Council (MPOC) chief executive officer Belvinder Kaur Sron explains how sustainability and palm oil are intertwined.For inquiries or to learn more about MPOC’s sustainability initiatives, visit https://www.mpoc.org.my/ or contact MPOC directly by calling 603-7806 4097 or emailing wbmaster@mpoc.org.my

Can sustainability and palm oil go hand in hand?

Former prime minister Tan Sri Muhyiddin Yassin has requested for a bench of five Court of Appeal (CoA) judges to hear his review against the court’s own decision to reinstate abuse of power charges involving RM232.5 million against him.

Muhyiddin seeks five-judge bench to hear criminal charges review

China's economy grew faster-than-expected in the first quarter, data showed on Tuesday, offering some relief to officials as they try to shore up growth in the face of protracted weakness in the property sector and mounting local government debt.

China's 1Q GDP growth solid but March data shows feeble demand

German Chancellor Olaf Scholz said he would raise trade, the war in Ukraine and climate issues as talks with Chinese leader Xi Jinping started in Beijing, underscoring the growing list of topics the two sides have to address.

Scholz says he will raise trade rules, Ukraine in talks with Xi

The collective wealth of tycoons listed on the 2024 Forbes Malaysia Rich List increased by a modest 2% to US$83.4 billion (RM398.8 billion), according to Forbes Asia.

Wealth of Malaysia’s 50 richest individuals on Forbes list rises 2% — Forbes Asia 

Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected US retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to cut interest rates this year.

Asian shares slide on US rate cut rethink; China GDP beats estimates 

China said it believed Iran could "handle the situation well and spare the region further turmoil" while safeguarding its sovereignty and dignity, referring to an attack on Iran's embassy in Syria and its retaliatory strike over the weekend.

Iran able to 'handle situation' and spare Middle East more tension, China's foreign minister says

E-government services providers MyEG Services Bhd and Heitech Padu Bhd have formed a partnership to collaborate on IT projects in Malaysia.

According to separate bourse filings from both companies on Tuesday, MyEG and Heitech Padu have inked a teaming agreement for the collaboration.&nbsp;

MyEG, Heitech Padu form partnership to collaborate on IT projects

Singapore’s Prime Minister Lee Hsien Loong is stepping down on May 15 after two decades in office. Lee, 72, will hand the reins over to his deputy Lawrence Wong, 51, in a widely-telegraphed transition.

What observers are saying as Singapore’s Lee paves way for next PM Wong

RHB Retail Research said Cosmos Technology International Bhd has confirmed a bullish setup after breaking past a key resistance on strong volume.

Cosmos Technology has confirmed bullish setup, says RHB Retail Research 

Alliance Bank Malaysia Bhd’s (ABMB) net profit is expected to jump by 37.3% year-on-year (y-o-y) to RM179 million for the fourth quarter ended March 31, 2024 (4QFY2024), according to AmInvestment Bank Research.

AmInvestment sees Alliance Bank’s 4Q earnings jump by 37% y-o-y

The automotive industry is not exactly the place one would want to be in the next few years.

Competition among manufacturers of internal combustion engine vehicles, battery electric vehicles (EVs) and hybrid cars has been ongoing for more than a decade now. Last year, some certainty fin...

Alternative Views: Automotive industry feels heat from intensifying EV price war

RHB Retail Research said Notion VTec Bhd is looking to extend upside movement after staging a bullish breakout.

Notion VTec aiming to extend upside movement — RHB Retail Research 

There is "no urgency" to cut US interest rates, Mary Daly, the president of the San Francisco Federal Reserve Bank, said on Monday, with the economy and labour market strong, and inflation still above the Fed's target of 2%.

US Fed should not act urgently to cut rates unless required, Daly says

The recent attack by Iran on Israel represents a dangerous expansion of the Israel–Hamas war and raises the risk of a sharp escalation of the conflict, according to S&amp;P Global Ratings.

S&P: Medium-term trajectory remains fraught with risk after recent attack by Iran on Israel

CIMB Group Holdings Bhd, Malaysia’s second-biggest banking group by assets, said on Tuesday its chief executive Datuk Abdul Rahman Ahmad will step down on June 30.

US stocks closed sharply lower on Monday, as an early lift from a strong retail sales report succumbed to a jump in Treasury yields and concerns about rising geopolitical tensions between Iran and Israel.

Stocks close lower as Middle East tensions, Treasury yields weigh

Bursa Malaysia opened lower on Tuesday, taking a cue from the negative developments on Wall Street overnight due to escalating tensions in the Middle East, coupled with persistent inflation in the US as indicated by stronger-than-expected March retail sales.

Bursa tracks weaker Wall Street showing to open lower 

The ringgit opened lower against the US dollar for the second consecutive day on Tuesday as the greenback strengthened following robust US retail sales data for March, said an analyst.

Ringgit opens lower against dollar on strong US retail sales data 

Carlo Rino Group Bhd has filed for an initial public offering (IPO) that would raise more funds for the apparel company as part of its listing transfer to the ACE Market from the LEAP Market.

Carlo Rino files draft prospectus for listing transfer to ACE Market

Mark Zuckerberg won his bid to avoid personal liability in about two dozen lawsuits accusing Meta Platforms Inc and other social media companies of addicting children to their products.

Zuckerberg avoids personal liability in Meta addiction suits

JPMorgan Chase &amp; Co chief executive officer Jamie Dimon, who announced plans last year to sell one million shares in the lender, sold almost US$33 million (RM157.8 million) of stock on Monday, bringing his total sales to that level.

Jamie Dimon finishes million-share sale announced last year

Oil prices rose on Tuesday amid heightened tensions in the Middle East after Israel's military chief said his country would respond to Iran's weekend missile and drone attack amid calls for restraint by allies.

Oil prices rise as Israel weighs response to Iran attack

KTI Landmark Bhd (KTI) has signed an underwriting agreement with M&amp;A Securities Sdn Bhd for its listing on the ACE Market of Bursa Malaysia Securities Bhd.

In a statement on Tuesday, the Sabah-based integrated property developer said the initial public offering (IPO) comprises a public issue of 160 million new shares and an offer for sale of 45 million existing shares, representing 20% and 5.6% of the enlarged share capital of KTI respectively.

Hot-stock

‌
‌

Hot-stock

‌‌

‌
‌