In today’s episode, we explore the mounting tension between Malaysia’s growth ambitions and the need for real governance. From boardroom pushback and public tender loopholes to billion-ringgit infrastructure fraud and regional policy shifts, we unpack the stories that show: capital is moving fast — but scrutiny is moving faster.
Malaysian Corporate & Market Developments
🌱 Jentayu Shareholders Reject Insider Deal, Greenlight Hydro Expansion
* Related-party acquisition blocked at EGM
* RM45.26M private placement approved for Project Oriole, a Sabah hydropower push
* Clear message: green energy growth is welcome, but only with clean governance
⚙️ APB Resources Goes to Arbitration with BASF Petronas
* RM1.85M claim + RM439K for extra work
* Already fully impaired — so any win = pure upside
🚗 Sumitomo Locks Down Dunlop Brand in Malaysia, Singapore, Brunei
* Strategic move to unify global Dunlop branding
* Boosts marketing cohesion and regional control
📈 Mixed IPO Signals
* Orkim posts RM13M profit ahead of Main Market debut
* PSP Energy opens flat, closes down on ACE Market
📊 FBM KLCI Unchanged, Mid 70 Reshuffle Signals Green Tilt
* Eco-Shop Marketing and Kelington Group in
* Bumi Armada and Dayang Enterprise out
* Tells a broader story of rotation into retail and green tech
Policy & Political Headlines
🧾 E-Invoicing May Be Deferred for Small Biz
* MOF studying exemptions for businesses earning under RM1M
* Balancing fiscal transparency vs compliance burden
📑 New Procurement System Debuts – But Concerns Linger
* Two-stage open tenders to replace selective bidding
* PAC flags concern over Proof-of-Concept being used as a loophole to skip competition
💼 Progressive Wage Pilot Brings 16% Boost for 32K Workers
* But Malaysia’s digital workforce still underpaid globally
* Country ranks 18th in digital salaries, raising brain drain risks
⚖️ PM’s Former Aide Charged in Graft Probe
* Datuk Seri Shamsul Iskandar accused of taking RM177K in bribes
* Tied to broader crackdown on illegal Bitcoin mining
⚡ TNB Loses US$1.1B to Crypto Power Theft
* Over 5 years, linked to unauthorised mining ops
* New task force (MOF, BNM, TNB) formed to address national infrastructure threats
Global & Geopolitical Outlook
🤝 Malaysia-Singapore Retreat Shows Constructive Tone
* PM Anwar & PM Wong address key frictions: airspace, water, maritime claims
* Both sides emphasize no hostility
💹 BOJ Rate Hike on the Horizon?
* Japan signals possible end to ultra-low interest era
* Major implications for regional capital flows
💱 China Intervenes to Cool Yuan Surge
* State banks buying USD to manage currency appreciation
* Effort to avoid hurting export competitiveness
🇪🇺 Meta Faces New EU Antitrust Probe
* Focused on integrating AI into WhatsApp
* EU fears it will distort competition — scrutiny on Big Tech tightens again
