In today’s episode, we unpack a day of sharp contrasts — from glove sector comebacks and massive AI investments to delayed megaprojects and consumer lending reforms. It’s a moment where financial clean-up meets bold future bets.
Malaysian Corporate & Market Developments
🧤 Hartalega Profit Doubles in 2Q
RM18.3M signals real recovery. Cost discipline and returning demand revive optimism in the glove sector.
📉 Dialog Group Wiped Out RM1B in 2 Days
Further delays to the Pengerang project — now pushed to 2029 — raise major concerns over earnings potential and equity exposure.
🏗️ Kerjaya Prospek Adds RM198M in Contracts
Order book rises to RM3.7B, securing revenue visibility through 2028. Momentum continues in construction.
🏭 Eco Business Park 7 Launched (RM3B Project)
Joint effort by EcoWorld, NS Corp & SD Guthrie under MVV 2.0 — boosting central region’s logistics and advanced manufacturing footprint.
🚢 Aquawalk IPO 6x Oversubscribed
Strong investor demand. PSP Energy also sets IPO price at 16 sen to fund operations including a new bunker vessel.
📦 MTT Shipping Eyes Main Market Listing
Expansion into Indian subcontinent on the cards. Logistics sector momentum continues.
⚠️ Bursa Reprimands Solar District Cooling
Company breached 25% public shareholding rule pre-listing. Integrity in IPO compliance under focus.
💸 Taghill Units Seek Judicial Management
Severe cash flow strain prompts request for court-supervised restructuring.
🧾 Pelangi Prestasi Gets RM85.8M Payment Stay
Linked to Sabah Forest Industries insolvency concerns. Legal complexity deepens.
🕊️ RIP Tiong Hiew King
Sarawak tycoon and Rimbunan Hijau founder passes. A major figure in Malaysia’s timber and media sectors.
Policy, Legal & Political Developments
⛽ Sabah Revenue Standoff Continues
Gov’t will negotiate, but appeals legality of review. Tensions over 40% revenue claim still simmering.
🛢️ Finance Ministry: Petronas Only Nets 10% Margin
Clarifies Borneo oil revenue optics amid political scrutiny.
🌍 Petros Signs CCS Deals with Woodside
Sarawak makes climate-linked energy moves with three new agreements.
💰 1MDB Asset Recovery Nearing Endgame
Another RM1B retrieved. PM calls for full closure and accountability.
🔋 Khazanah Urged to Accelerate Rare Earth Push
China-linked ventures prioritized despite long-term strategic and ESG risks.
🚗 Perodua to Launch First All-Malaysian EV
Signals the start of a local EV shift at scale.
📚 BNM Bans Rule of 78, Mandates Loan Education
Flat-rate and Rule of 78 loan structures banned from 2027. New 15-minute education module required for big personal loans.
👴 RM1.97B Allocated for Pension Revisions (2026)
Nearly a million beneficiaries to receive adjusted payouts.
⚖️ Landowner Seeks Stay Over West Coast Expressway
Legal challenge delays key infrastructure project.
💼 GISB CEO Faces 230 Money Laundering Charges
Joint trial ordered. One of Malaysia’s largest financial crime cases.
⚖️ Chief Judge Shortlist Stirs Controversy
Public scrutiny grows over judicial nominations.
Global & Geopolitical Outlook
📈 Global CEOs Least Worried Since 2007
Strong risk appetite. S&P 500 earnings projected to rise 14.5% — AI optimism leads the charge.
🤖 SoftBank Exits Nvidia, Doubles Down on AI
Sells US$5.83B stake to reinvest in OpenAI, fueling its pivot into AI infrastructure.
🏗️ JPMorgan: AI Data Centers Need $7T
Microsoft plans $10B hub in Portugal. Meta signs $3B deal with Nebius. Capital flowing into hyperscale buildouts.
🇺🇸 US Senate Nears Shutdown Resolution
Compromise improves risk sentiment globally.
🇮🇳 Trump Hints at India Trade Deal
Also: Switzerland closing in on reduced US tariffs — better 15% rate.
🌏 Geopolitical Tensions Flare
China protests Taiwan VP speech. Thailand halts peace talks with Cambodia.
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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