In today’s episode, we unpack a dense slate of headlines spanning energy transformation, shifting leadership, investor plays, and legal developments. From grid-scale battery bidding wars to AI-fueled IPO valuations, we dig into what matters most for markets, policy, and the people.
🏢 Malaysian Corporate & Market News
🔋 Over 20 Firms Bid for Malaysia’s First Grid-Scale Battery ProjectsHeavy hitters like Tenaga, YTL & Malakoff-linked firms lead the charge. It’s not just about green energy — grid stability is the big prize.
🔌 SD Guthrie & Gamuda Team Up for 1.2GW Solar BuildoutStrategic pivot into renewables + recurring income for Guthrie, while Gamuda leverages its infra know-how in a high-growth sector.
📶 CelcomDigi CEO Steps DownLeadership change at a pivotal moment. As 5G expands, the incoming CEO’s vision could redefine the telco race.
🏢 Eurospan Sees New Major Shareholder at RM2.30/ShareA mandatory takeover offer from Samuel Ng emerges. Slight premium over prior bid, but a discount to market — shareholder tension looms.
🌍 E&O Selling London Land for RM515.8MA strategic move to reduce debt, free up capital — realigning priorities to strengthen their balance sheet.
🏗️ Penang’s Silicon Island Progresses80 hectares reclaimed, laying groundwork for a tech-focused economic hub targeting semiconductors and data centers.
🚆 Gov’t Takes 51% Stake in Train Assembly JVA local unit of China’s CRRC will build 62 train sets for KTM, with plans for tech transfer + future open tenders.
🏦 AMMB Targets Record RM2B Profit by FY2026Despite margin pressure from OPR cuts, it’s banking on loan growth & cost discipline to beat its own record.
💼 MB World’s RM2B Industrial Township in JohorLaunched in the Forest City SFZ with support from TM One — a bold bet on southern Malaysia’s investment appeal.
🏭 S P Setia & Taiwan’s ALP Launch RM4B Smart Warehouse ProjectStrategic move into industrial logistics, tapping into demand for automated supply chain solutions near Klang.
📉 Apex Healthcare Q2 Profit Falls 20%Hit by associate losses, but declares dividend — core demand remains resilient.
💹 Manulife Malaysia Q2 Profit More Than DoublesStrong life insurance and investment performance, signaling long-term growth momentum.
💰 Dialog Group Q4 Profit UpDriven by JV contributions despite revenue dip; declares dividend.
☀️ Solarvest Q1 Profit DoublesSurging from utility-scale solar projects supported by government policy.
⚠️ Amway Issues Profit WarningAfter a steep Q2 drop, FY2025 profit expected to fall — hit by lower sales and rising costs.
🏘️ Paramount Cuts Sales Target to RM1.2BResponding to soft economic outlook & property headwinds.
🛢️ Petron Malaysia Q2 Profit SoarsDespite lower oil prices, refinery optimisation delivered strong gains.
🪙 EcoWorld Launches RM2B Perpetual SukukAims to support working capital and investments with flexible funding.
📈 Express Powerr Sets ACE Market IPO at 20 SenRaising RM49.08M for fleet expansion — growth via generator rentals.
🏙️ Titijaya & Mines Heights JV for RM554.3M ProjectTransit-oriented development in Cheras, riding on MRT proximity.
🚢 Lianson Fleet Buys Vessel for US$13.25MDiversifies into recurring maritime income beyond oil & gas.
⚡ MN Holdings Plans RM95.88M Cash CallPrivate placement for working capital & new equipment.
🏞️ KTI Landmark Gets 65 Acres for Building Cultural ComplexLand swap in Sabah allows future residential development — a creative financing model.
📊 Berjaya Assets Trims Q4 LossHelped by fair value gains and segmental growth.
🏛️ Malaysian Policy, Legal & Political Updates
⚖️ Court Ruling: Offensive Online Remarks Not CriminalGov’t to appeal decision overturning key section of the CMA — intensifying online speech regulation debate.
📢 Tightening Focus on High-Profile Violence CasesNGO flags 10 unresolved cases — raising questions on enforcement and institutional accountability.
🛃 KLIA Immigration Officers Arrested for RM400K BriberyFresh corruption charges add to scrutiny on border controls.
🎒 Early Childhood Education Act in the WorksNew legislation aims to strengthen governance in pre-school and early learning.
💥 Five Teens Charged in Zara Qairina CaseTragic case sees legal movement. Inquest pending.
🚬 MACC Busts RM250M Tobacco Smuggling SyndicateMassive crackdown. Licenses suspended. Assets frozen.
🔍 Four MACC Officers Questioned Over Pamela Ling ProbePart of ongoing investigation into alleged abduction case.
📜 Peter Anthony’s Appeal FailsStays imprisoned — potential state assembly disqualification ahead.
💸 IRB Refunds RM9.35B in Excess TaxCorporate refunds prioritized based on delay length.
🏛️ Bersatu’s Adam Radlan Acquitted After Compound PaymentJana Wibawa case dropped. Legal maneuvering continues.
🌐 Global & Regional Developments
🇺🇸 US Eyes Equity Stakes in ChipmakersA shift in industrial policy: Chips Act grants could become ownership — blurring private-public boundaries.
🏭 Trump Pushes US Copper ProductionMeets with CEOs on critical supply chain expansion.
💬 US Maintains Status Quo on China TariffsNo immediate changes — stability preferred amid ongoing tensions.
🪙 China Mulls Yuan-Backed StablecoinsEffort to boost global currency usage through digital assets.
📉 China Ramps Up Budget SpendingStimulus aimed at weak demand & trade headwinds — fastest pace since 2022.
☢️ US Flags China’s Expanding Nuclear ArsenalGrowing concerns amid geopolitical recalibrations.
💼 Temasek Considers Breaking into 3 UnitsLooking to improve returns and streamline governance.
🌐 JPMorgan & MUFG Near US$22B Data Center DealFinancing in Texas shows soaring global demand for digital infrastructure.
🤖 OpenAI Rival Manus Projects US$90M in SalesSingapore-based firm scales fast with autonomous AI agents.
📉 Musk Pauses Political Party PlansReportedly refocusing on corporate political alignment.
📈 Trump’s US$14M Bond Purchases While in OfficeRaises conflict-of-interest concerns.
🎨 Canva Hits US$42B Valuation Ahead of IPOFueled by AI features and user growth.
🎁 Pop Mart Targets US$4B RevenueDriven by booming demand for Labubu and collectible toys.
🎬 Netflix Invests US$200M in Thai ContentSignals Asia’s rising role as a production powerhouse.
🍬 White Sugar Premium Hits 13-Month HighTight supply + strong demand (Pakistan) drive up prices.
🛍️ Guess Goes Private in US$1.4B DealPremium paid by Authentic Brands Group.
🌱 Renewables Insuring Against... Climate ItselfIrony alert: parametric insurance being used to hedge against low wind/sun output.
🧠 Key Takeaway
Today’s stories highlight an ecosystem in flux — from green energy buildouts and digital infrastructure bets, to judicial scrutiny and tech nationalism. The push for resilience, transparency, and speed defines the current moment.
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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