In today’s fast-moving briefing, we examine how Malaysian companies are working to create internal clarity — from Petronas Gas’ structural revamp to court decisions that shield directors — all while global instability ramps up, including a partial US government shutdown and fresh trade recalibrations.
🏢 Malaysian Corporate Moves & Legal Developments
🏗️ Petronas Gas Reorganizes: Split into Regulated vs. Non-Regulated
* Launch of PG Energia to house utility and energy ventures
⚖️ Petronas vs. Petros (Sarawak) Dispute Back in Court
* Ongoing conflict over gas licensing authority
🔍 Iris Case: Court Reaffirms ‘Business Judgment Rule’
* Directors shielded from liability if acting in good faith and due care, even if business decisions fail
📈 Custom Food Holding Eyes Main Market IPO
* Backed by Creador
🥇 Westports Wins ESG Gold
* Best of the Best award at The Edge ESG Awards
💰 Banks Go Big on Fundraising
* Public Bank launches RM10B commercial paper programme
* RHB Bank rolls out RM5B multicurrency sustainable financing programme
🌍 Global Uncertainty, Local Opportunity
🇺🇸 US Partial Government Shutdown Begins
* Gridlock over funding
* ~750,000 workers potentially furloughed
* Gold prices spike to record highs amid flight to safety
📊 Malaysia Named ASEAN’s Top Trade Performer – Standard Chartered
* 1 in 3 global firms plan to increase trade with Malaysia
* Driven by supply chain realignment and confidence in stability
🛢️ Policy & Regulatory Updates
⛽ Expanded RON95 Subsidies
* E-hailing drivers and registered boat owners to receive additional fuel aid
* Rollout expected mid-October
🚭 Perak Joins Vape Ban from Jan 1, 2026
* Follows national health policy trends
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple Podcasts
Malaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me!
