In today’s episode of Malaysia Money Matters, we break down 99 Speed Mart’s solid earnings, major infrastructure wins for local firms, and Sapura Energy’s high-stakes rescue plan. Plus, what falling oil prices and gold’s safe-haven rally signal about global uncertainty—and how it all connects to your money.
🇲🇾 Malaysian Company & Market News
🔹 99 Speed Mart Delivers Strong Q1Q1 net profit jumps 7.5% to RM143M; revenue up 7.6%. Declares 2.25 sen dividend. RM780M cash in hand and plans for a new Cyberjaya distribution centre signal confidence and expansion. Shares up 1.8%.
🔹 Aneka Jaringan Bags RM50.5M KL ContractWins 18-month earthworks job for 62-storey development on Jalan Sultan Ismail. Adds visibility to order book; shares dipped 4%.
🔹 Bintai Kinden Contracts Reinstated by TNBThree power station contracts reinstated after earlier termination due to financial woes. Signals recovery post-regularisation plan. Shares flat.
🔹 Dialog Group Swings Back to ProfitQ1 profit down 13.6% y/y, but rebounds from previous loss. Declares 1.3 sen dividend. Focus shifting to Malaysia and Pengerang. Shares up 3%.
🔹 Duopharma Posts Record Q1 ProfitNet profit surges 68% to RM25.6M on strong insulin sales and API price normalisation. Revenue up 36%; shares climb 2%.
🔹 Fibromat Wins RM283.5M Infrastructure ContractAwarded subcontract for Central Spine Road project in Kelantan. 24-month duration. Boosts order book. Shares steady.
🔹 LBS Bina & Oriental Holdings JVRM7B mixed-use GDV in Klebang, Melaka over 561 acres and 15 years. Strategic expansion for LBS; long-term bet. Shares slightly down.
🔹 MN Holdings Secures RM37.9M WTE ProjectWins contract to build waste-to-energy interconnection facility. Maybank IB starts coverage with 'Buy'. Shares jump 6.5%.
🔹 PJBumi Signs MoU for Onshore RigsSubsidiary eyes rig supply deal with China’s Intlef Oil and Gas. Potential pivot toward onshore drilling.
🔹 Samchem Q1 Profit Falls 34%Soft margins and lower selling prices hit results. Outlook cautious on global headwinds. Shares down 1.3%.
🔹 Sapura Energy Unveils PN17 Exit PlanMassive regularisation plan includes 99.99% capital reduction and debt cut to RM5.2B. MOF may become 33% shareholder. Shares unchanged at 4.5 sen.
🔹 Sunway REIT Hits Record HighQ1 NPI up 20.4%, revenue up 23%. Strong retail segment, positive rental reversions. AEON Mall Seri Manjung acquisition on track for Q3. Units up 3.6%.
🔹 YNH Property Extends Mall Sale TimelineExtends AEON Mall Seri Manjung sale to Sunway REIT by 4 months. Expects RM12M gain to repay debt. Shares dip 1.1%.
🌍 Global Trends & Their Impact on Malaysia
🌐 Apec Warns of Sharp Trade Growth Slowdown2025 regional trade forecast slashed to 4% (from 5.7%) due to weak demand and US tariffs. Regional GDP also cut to 2.6%.
🇪🇺 EU Eyes US Tariff Deal but Monitors China Export SurgeEU hopeful for US tariff resolution but wary of record Chinese trade surplus. Dumping concerns rise.
🇨🇳 Tech Tensions Remain Despite Trade TruceChina slams US for Huawei chip ban enforcement. Truce hasn't softened tech export curbs.
🇺🇸 US Economic Outlook MixedFed holds rates. Producer prices dip; consumer inflation softer but still above target. Retail sales flat. Possible easing in bank capital rules ahead.
🛢 Oil Prices Fall on Iran Nuclear TalksTrump signals nuclear deal is close; more Iranian supply could pressure oil further. IEA warns of oil oversupply in H2 2025.
📈 Gold Rally Incoming?UBS projects gold to retest record highs, reaching US$3,500/oz by end-2025 on global uncertainty and rate cut hopes.
🇯🇵 Malaysia-Japan Bioeconomy BoostRM1.34B in green energy and biotech MoUs signed at Expo 2025 in Osaka. Strengthens bilateral green tech ties.
📌 Key Takeaways & Investor Insights
✅ 99 Speed Mart’s growth, cash pile, and dividend make it a retail sector standout.✅ Sapura’s massive restructuring could reshape its future—watch MOF’s role closely.✅ Big infrastructure wins (Fibromat, MN Holdings) show stimulus effects filtering into construction.✅ Duopharma’s API-driven margin rebound underscores healthcare resilience.✅ Global trade tensions and oil oversupply risk continue to weigh on broader outlook—hedge accordingly.
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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