In this episode, we unpack a landmark court ruling for Petronas, the rollout of Malaysia’s new targeted fuel subsidy scheme, major infrastructure and energy wins, and international trade tensions reshaping Southeast Asia’s economy.
🏢 Malaysian Corporate & Market Headlines
⚖️ Petronas Wins Big Against Shell MDSThe Court of Appeal orders Shell to pay Petronas up to RM80 million/month in overdue gas payments — dating back to August 2024.
📉 Eurospan: Offer Deemed 'Not Fair or Reasonable'An independent adviser recommends shareholders reject the RM2.30/share MGO by Samuel.
🔍 Auditor Shake-Up at HeiTech PaduAuditor Al Jafree Salihin Kuzaimi resigns following an SC audit board sanction — not tied to HeiTech’s books but reflects regulatory pressure.
💼 Contract Wins & Strategic Deals
* Kelington (KGB) bags RM108 mil Singapore project in advanced chip packaging
* Solarvest & Brookfield to co-develop 1.5GW of renewable energy assets
* Gamuda tipped for 40% earnings growth in FY2026 driven by strong pipeline
* ITMAX secures RM51 mil smart city contract in Batu Pahat
* CIMB x PingPong: New cross-border payment partnership
* TM joins Meta, SoftBank in CANDLE submarine cable system (launching 2028)
⛽ Government & Policy Updates
💸 Fuel Subsidy Reform: Budi95 Launches Sept 30Targeted subsidy of up to 300 litres/month at RM1.99/litre for eligible Malaysians (16+ w/ valid licence).
🚄 ECRL Update: 87% Complete, Challenges Remain
* Cable theft in Pahang and the complex Bentong-Gombak section pose hurdles
* Full completion still on track
📈 Budget 2026: Semiconductors in FocusFinance Minister II signals major support for the chip sector:
🌏 Regional & Global Watch
🤝 RCEP Summit in Malaysia Next MonthAims to expand membership and upgrade the trade pact, reinforcing Asia’s multilateral cooperation amid rising protectionism.
💥 Vietnam: $25B at Risk from US TariffsUN data shows Vietnam could lose up to 20% of its US exports
📉 Diverging Markets: Gold Up, Crypto Down
* Gold hits new record: US$3,700/oz on Fed rate cut bets
* Crypto crashes: US$1.5 billion in bullish bets wiped out
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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