WTK’s RM38 Million Penang Disposal Sharpens Its Asset-Light Tapes Strategy
WTK has signed a RM38 million agreement to sell Penang industrial property as it moves its tapes business toward a smaller, asset-light model.
Malaysia Stock Market
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KIP REIT’s RM435 Million Setapak Deal Lifts Portfolio to 20 Properties
KIP REIT’s completed Setapak Central Mall acquisition lifts assets under management to RM2.2 billion, with investors watching the impact on income and distributions.
Two Former Investment Bank Officers Charged Over Alleged US$16 Million SBLC Fraud
Two former investment bank employees have pleaded not guilty to charges linked to an alleged US$16 million standby letter of credit transaction processed without proper approval.
Gamuda’s Record RM1.05 Billion Profit Puts RM61 Billion Order Book to the Test
Gamuda shares rose after record FY2026 attributable profit of RM1.052 billion, bringing its RM61 billion construction order book and cash conversion into focus.
Bursa Malaysia’s Morning Rebound Tests Investor Appetite for Data-Centre Plays
Bursa Malaysia’s early rebound lifted the FBM KLCI, but bond yields, domestic catalysts and execution risk still frame the data-centre trade.
MRCB Explores SAR21 Billion Makkah Transit-Led Development With Saudi Partner
MRCB has entered an exploratory Saudi collaboration around an indicative SAR21 billion transit-led Makkah project, with funding terms still open.
Scientex Proposes RM101.5 Million Deal for Majority Stake in China’s Mintpack
Scientex proposes acquiring 70% of China’s Mintpack for RM101.5 million; investors await fuller financial and completion details.
FBM KLCI’s Nine-Month Low Puts Malaysian Equity Resilience to the Test
A broad Malaysian equity sell-off puts earnings quality, financing costs and sector exposure in focus as oil and global yields unsettle investors.
Powerwell–Socomec Tie-Up Targets Malaysia’s Data-Centre Power Train Market
Powerwell’s Socomec collaboration expands its data-centre power offering, but the emailed announcement contains no contract value or committed orders.
Harvest Miracle’s 10% Share Mandate Gives Board Funding Flexibility
Harvest Miracle won shareholder backing for a 10% share-issuance mandate and recurrent related-party transactions, putting future capital allocation in focus.