Today’s episode tracks a market split down the middle: Malaysia’s “old economy” sectors like property and infrastructure are surging, while tech — especially AI — is under serious pressure thanks to global sentiment shifts.
📉 Tech Selloff Hits Malaysia
* Awanbiru Technology: down 18%
* Zetrix AI: down 13%
Global AI valuations are being questioned, and local players are feeling the heat.
🏢 Corporate Moves & Signals
* Berjaya Food: RM11.98M loss, but signs of recovery after 9 straight quarters in the red
* Berjaya Corp: New CEO Nerine Tan, plus Vincent Tan ups stake by 6.2%
* Timberwell: Takeover bid at 90 sen; stock already up 167% over 3 months
* F&N: Profit drops 34%, blamed on USD weakness — but analysts stay bullish
* IOI Properties: Hits all-time high (RM3.26) on strong data center land play
⚡ Rapid Fire
* ICT Zone Asia: Initiated with a buy call (42% upside target)
* Keyfield: Secures RM70.7M shipbuilding contract
* Haily Group: Wins RM48M Skudai housing project
* Farm Price: Prepping to transfer to Main Market
* Sunview: Diversifies into solar power generation
* KJTS–Malakoff deal: Cancelled
* Bursa Malaysia: Focus on larger IPOs to boost vibrancy
🏛️ Policy, Tax & Domestic Economy
* REIT Tax Concession under review👉 If the 10% concession lapses, yields could fall, hurting investor sentiment
* Ringgit trading at RM3.94/USD; Finance Minister sees more upside
* GDP forecast upgrades likely
* Sara Program: RM100 cash aid (MyKad) starts Feb 9
* Rare Earths: Push for downstream processing to retain more value
* RM30M Media Fund: For digitisation, with concerns about press freedom
⚖️ Legal & Regulatory
* Agrobank fraud: RM203.8M loss, 47 arrests
* Isa Samad appeal ruling set for Feb 10
* Altantuya family returns damages to gov’t
* Shell vs Petronas: Shell ordered to pay in gas dispute — a major win for Petronas
* MCMC settles suit with Murray Hunter
🌍 Global Snapshot
* Indonesia: Moody’s cuts outlook to “negative” — rupiah & bonds slip
* Bitcoin: Drops below USD70K amid rate fears
* “Software-mageddon”: Investors flee traditional software stocks
* ECB & BoE: Hold rates; BoE hints at future cuts
* TSMC: 3nm chips coming to Japan
* Nvidia: ByteDance deal stalls due to US export controls
* US Jobs: January layoffs highest since 2009 — signs of labor market cracking
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2026!
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