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Bursa Malaysia's FBM KLCI fell 1% in early Friday trading as Wall Street's AI-led sell-off spread to Asian markets, triggering heavy losses among Malaysian semiconductor and technology stocks.
The Securities Commission detailed historical false disclosures and upheld sanctions at HB Global, while separate management changes and audit delays require careful distinction.
M+Global values Big Caring at RM1.40, above MBSB’s RM1.20 assessment despite a lower headline FY2028 profit forecast. The Ledger Asia examines the valuation assumptions, growth prospects and financial commitments behind the difference.
DXN will assess raw material sourcing, processing and halal cooperation with Venezuela’s La Guaira Special Economic Zone, without an investment commitment.
Bursa Malaysia and Phillip Nova launched a Singapore programme to broaden retail access to Malaysian shares, issuer information and investor engagement.
Malaysia Aviation Group says it has not discussed taking over AirAsia’s domestic routes with the government. Its call for a level playing field concerned airport charges.
Bursa Malaysia’s benchmark opened lower at 1,585.49, but gainers outnumbered decliners at 9.15am and selected technology shares rose.
Hartalega reported stronger profit and revenue as higher selling prices and better efficiency helped offset costs, while competition remained intense.
MainStreet Advisers recommended rejecting the RM6.10 conditional offer after comparing it with market prices and United Malacca’s asset valuations.
Bursa again restricted intraday short selling in Mega Fortris after a morning price breach. The notice did not halt ordinary trading.
IJM Land plans an official November launch for the 96-home Sovana phase in Bandar Puncak Alam. Its stated gross development value is RM70.9 million.
Rivertree STF is in exclusive talks to acquire an operator that manages more than 3,000 workers’ accommodation beds in the Klang Valley.
Mr D.I.Y. Group shares fell to RM1.07 in early Bursa trading as investors weighed competition before its 17 November results.
