In-depth reporting on Malaysia and the region.
GTA Holdings, an aircraft engine maintenance specialist, is raising RM71.75 million through an ACE Market IPO scheduled for September 8, 2026. The proceeds will finance facility expansion, Middle East helicopter operations, and enhanced technical capabilities.
Pioneer Heat Holdings plans to list on Bursa Malaysia's ACE Market in September 2026, raising RM21.68 million to fund regional expansion, new offices, and machinery purchases across Sarawak and Negeri Sembilan.
Allrich Corp and Richard Holdings, controlling nearly 75% of Tong Herr, have proposed taking the fasteners manufacturer private at RM2.55 per share, a substantial premium to recent trading prices.
Bursa Malaysia's FBM KLCI climbed 16.18 points to 1,748.84 in midday trading as technology stocks surged on the back of strong overnight Nasdaq gains and major corporate earnings surprises from companies including Caterpillar and Palantir.
Oriental Interest Bhd is pursuing a RM280 million acquisition of Chin Hin (Jitra) Sdn Bhd and CHJ Motor Holdings Sdn Bhd, marking a significant strategic expansion beyond its property development roots into new business segments.
Bursa Malaysia Securities has publicly reprimanded Meridian and penalised its executive director for repeatedly missing deadlines in filing annual reports containing audited financial statements, depriving investors of critical information for extended periods.
Malaysia's benchmark index edged up modestly as oil prices jumped past $95 a barrel, though investor anxiety over technology spending and geopolitical tensions capped gains on Bursa Malaysia.