Today’s episode dives into a fast-changing landscape: Malaysia’s booming digital infrastructure, regulatory showdowns, strategic energy moves, and the global tech surge led by Nvidia’s US$5 trillion moment.We break down what’s unfolding locally — and why it matters globally.
Corporate & Capital Markets
🚧 IJM’s RM873.9M Win at Elmina
* New contract for M&E and Fit-Out works at Elmina Business Park.
* Follows last week’s RM1.26B data centre contract.
🇬🇧 PNB & EPF Reaffirm Battersea Commitment
* No plans to sell London’s Battersea Power Station.
* Acquired in 2019 for RM8.86B, it’s a long-term strategic asset.
⚖️ KNM Seeks to Delay Asset Sale Vote
* Requesting to move vote on DKNM sale until after its Nov 5 delisting.
* Bursa Malaysia continues legal action to safeguard listing integrity.
🌍 Lynas Invests RM500M in Rare Earth Expansion
* Heavy rare earth separation facility to start Samarium production by Apr 2026.
🧠 Zetrix Reviews Worldcoin Tie-Up
* Scrutinising partnership amid regional regulatory crackdowns.
✈️ Capital A Clears Final Hurdle for Consolidation
* Set to consolidate AirAsia under AirAsia X, part of PN17 exit plan.
🏢 KIP REIT Q1 Net Property Income +51%
* Gains driven by new acquisitions.
* Yield at 8.1% — strong performance in current market.
🏗️ Meridian Gets PN17 Plan Extension
* Third extension granted, now has until March 2026 to submit regularisation plan.
Policy, Reform & Governance
⚖️ Proposed AG–Public Prosecutor Split
* Gov’t considers separating roles to reduce conflict of interest.
* Public Prosecutor could be appointed by the King, advised by Judicial & Legal Service Commission.
🤝 Minister Zafrul on US–MY Trade Pact
* “Six months of night-owl negotiations”
* Describes pact as fast-tracked economic safeguard amid global uncertainty.
🔌 ASEAN Power Grid Works in Real Time
* During Oct 15 outage: Singapore sent 500MW, Thailand sent 300MW.
🕵️ MACC Open to Investigating KLIA Aerotrain Issues
* Will look into potential corruption behind repeated disruptions.
📚 1MDB Update
* Prosecution calls Najib’s defence evasive and fabricated as legal battle continues.
Global & Tech Front
💻 Nvidia Hits US$5 Trillion Market Cap
* First company ever to do so — driven by global AI chip demand.
🚀 Elon Musk’s $1 Trillion Pay Package Faces Pushback
* Unions and investors raise concerns about governance and executive power.
📉 Telenor Writes Down US$50M on Malaysia 5G Costs
* Related to increased infrastructure costs at CelcomDigi.
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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