CPO Futures Close Higher On Stronger Crude Oil Prices

Ni Hsin Unaware Of Reports Or Rumours Causing Share Price Fall

KUALA LUMPUR, Oct 30 (Bernama) -- Ni Hsin Group Bhd said it has no knowledge of any rumour or report concerning the group’s business and affairs that may account for the sharp price fall and high trading volume of its shares after Bursa Malaysia Securities Bhd issued an unusual market activity (UMA) earlier today.

Silicon Island: 202 Hectares Reclaimed, Green Tech Park To Be Developed In 2027 – Chow

GEORGE TOWN, Oct 30 (Bernama) -- The development of Silicon Island in Penang will focus on the construction of a 283.28-hectare (ha) Green Tech Park in 2027, after 202.34 ha of the total 513.95 ha Phase 1 area had been reclaimed by October this year.

MAA Group Faces Going Concern Uncertainty Amid RM106.9 Mln Loss

KUALA LUMPUR, Oct 30 (Bernama) -- MAA Group Bhd’s external auditors, KPMG PLT, have issued an unqualified audit opinion on its financial statements for the financial year ended June 30, 2026 (FY2026), while highlighting a material uncertainty related to the group’s ability to continue as a going concern.

YTL Construction Clinches Three Major Industry Awards

KUALA LUMPUR, Oct 30 (Bernama) -- YTL Construction has won three major industry awards, including two at the Malaysian Construction Industry Excellence Awards (MCIEA) 2026, organised by the Construction Industry Development Board (CIDB) Malaysia.

Penang Tables RM1.074 Bln Budget For 2027 With Lowest Deficit Of RM5.62 Mln

GEORGE TOWN, Oct 30 (Bernama) -- The Penang state government today tabled its budget for 2027 amounting to RM1.074 billion, comprising RM1.042 billion for operating expenditure and RM280.17 million for development expenditure.

IGB REIT's 3Q Net Profit Rises To RM144.15 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- IGB Real Estate Investment Trust (IGB REIT) posted a higher net profit of RM144.15 million for the third quarter ended Sept 30, 2026 (3Q 2026), from RM95.62 million in the corresponding quarter last year.

Mi Technovation Unit To Acquire KHL Building In Singapore For SG$103.88 Mln

KUALA LUMPUR, Oct 30 (Bernama) -- Mi Technovation Bhd's wholly owned subsidiary, Ohima  International Pte Ltd, has entered into a conditional sale and purchase agreement to acquire a seven-storey light industrial development located at New Industrial Road, KHL Building, in Singapore, for S$103.88 million (RM331.80 million) in cash.

Suria Component-Suzhou CEPP JV To Invest RM20 Mln In Auto Pedal Technology

CYBERJAYA, Oct 30 (Bernama) -- Suria Component Manufacturing and Suzhou CEPP Electronics plan to invest about RM20 million in stages to develop next-generation automotive pedal technology, starting with an initial investment of RM5 million for the first phase.

Ringgit Extends Rally Against US Dollar As Traders Reassess Fed Rate Hike Prospects

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Oct 30 (Bernama) -- The ringgit extended its gains to close higher against the US dollar on Friday as traders reassessed the possibility of an interest rate hike by the US Federal Reserve (Fed), an analyst said.

Cuscapi Proposes RM190 Mln Capital Reduction, 15 Pct Share Scheme

KUALA LUMPUR, Oct 30 (Bernama) -- Cuscapi Bhd has proposed a share capital reduction (SCR) of up to RM190 million pursuant to Section 117 of the Companies Act 2016.

Suria Component Manufacturing, Suzhou CEPP Electronics In JV To Strengthen Automotive Sector

CYBERJAYA, Oct 30 (Bernama) -- Suria Component Manufacturing (M) Sdn Bhd (Suria) has signed a memorandum of understanding (MoU) with China's Suzhou CEPP Electronics to establish a joint venture aimed at strengthening Malaysia's capabilities in automotive research, development and advanced manufacturing.