In today’s episode, we unpack a pivotal mix of corporate showdowns, billion‑ringgit financings, and global tech‑energy shifts shaping Malaysia’s economy. From Bursa’s courtroom move to Monash’s RM2.8 billion AI campus, it’s a snapshot of transformation — and tension.
Corporate & Market Highlights
⚖️ Bursa Takes MAA Group to Court
* Bursa Malaysia seeks an injunction to block KNM’s Oct 30 EGM.
* The meeting would vote on selling Deutsche KNM for RM1.34 billion.
* KNM, a PN17‑listed firm, views the sale as vital to settle RM1.3 billion debt.
💰 SP Setia Lines Up RM4 Billion Sukuk Programmes
* Two Islamic note issues: RM3.5 B Sukuk Wakalah + RM500 M ICP.
* Provides flexible capital for expansion and green‑financing issuance.
🌴 Plantation Privatisation Targets
* Sarawak Oil Palms & Hap Seng Plantations tipped by Maybank IB.
* Trading at 37–50% discounts to land value; both have net‑cash balance sheets.
🌬️ Yinson Renewables Gets NZ Approval
* Cleared by New Zealand’s Overseas Investment Office.
* Unlocks new wind‑energy projects — key step in its regional pipeline.
🥫 Nestlé Malaysia Q3 Net Profit +34% YoY
* RM414 M profit on stronger sales & cost discipline.
* Declares 60 sen dividend, signalling sustained consumption recovery.
🎓 Monash University Malaysia Announces RM2.8 B TRX Campus
* Opening by 2032 | Capacity: 22,500 students.
* Focus: AI, cybersecurity, advanced manufacturing.
Policy, Politics & Governance
🇲🇾 Anwar Defends US Trade Deal Sovereignty
* PM insists the pact protects national interests.
* Parliament’s Special Select Committee to review on Nov 12,focusing on Article 5.1, which critics fear could force alignment with US trade sanctions.
🏦 BNM to Share FX Data with US Treasury
* Semi‑annual, 6‑month aggregated reporting on FX flows.
* Follows Malaysia’s removal from the US currency‑manipulation watchlist.
Global & Tech Front
🧠 Amazon Cuts Up to 18,000 Jobs Amid AI Adoption
* Automation replacing white‑collar tasks; clear sign of AI’s labour impact.
⚛️ China Doubles Global Spend on Next‑Gen Nuclear
* Bill Gates: Beijing investing 2× the rest of the world in fusion & fission.
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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