The zero-tax incentive for single-family offices (SFOs) in Forest City could be gazetted by the Ministry of Finance as early as this Thursday, according to the Securities Commission of Malaysia (SC).

Asian shares rose for the first time in four days, mirroring gains in the US that placed the S&P 500 index on the brink of a bull market.

KUALA LUMPUR: Datuk Seri Rafizi Ramli has resigned as Economy Minister.

KUALA LUMPUR (May 28): Oasis Home Holding Bhd (KL:OHM), Malaysia’s first listed live commerce company, managed to eke out a tiny gain on its first day after a volatile session on the ACE Market.

Theta Edge Bhd (KL:THETA) is forming a joint venture company (JVCo) with Agmo Holdings Bhd (KL:AGMO) to accelerate the commercialisation of artificial intelligence (AI), blockchain, and platform-based services, with an initial emphasis on public sector transformation.

Here is a brief recap of Thursday’s top local business news and corporate announcements.

Flexidynamic Holdings Bhd (KL:FLEXI) said on Thursday it is acquiring a loss-making manufacturer of glove formers, Formtech Engineering (M) Sdn Bhd, for RM10.39 million.

Petroliam Nasional Bhd (Petronas) is ready to play a role in resolving energy supply issues while simultaneously addressing sustainability challenges. Its president and group chief executive officer, Tan Sri Tengku Muhammad Taufik Tengku Aziz, said the three…

Ajinomoto (Malaysia) Bhd (KL:AJI) has declared a first and final dividend of 40.85 sen per share for the financial year ended March 31, 2025 (FY2025).

SNS Network Technology Bhd (KL:SNS) reported a more than doubling of its first quarter net profit as revenue soared to record high, thanks to robust sales of information and communication technology (ICT) products through its commercial and online channels.

Loss-making Green Ocean Corporation Bhd received an unusual market activity (UMA) query from Bursa Malaysia on Wednesday after its shares hit a record low and trading volume rose sharply.

KUALA LUMPUR (June 30): Reservoir Link Energy Bhd (KL:RL) said on Monday that its unit has secured a work order from Petronas Carigali Sdn Bhd for the provision of annulus wash and cement assurance (AWCA) services.

Shin Yang Group Bhd (KL: SYGROUP) has proposed the acquisition of 1.95 hectares of leasehold land together with a warehouse building in Kuching to support its expansion in logistics services.

A summary of how key Bursa Malaysia indices and the ringgit performed on Monday.

An uneven recovery may be on the horizon for Malaysian stocks in the next six months, though investors should now begin to buy selectively, says Apex Securities.

SkyWorld Development Bhd (KL:SKYWLD) is acquiring a 25.9-acre parcel of land in Batu Kawan, Penang, for RM48.51 million as part of a previously announced joint development to build affordable housing units in the state.

Alliance Bank Bhd (KL:ABMB) said its rights issue of two new shares for every 17 shares held has been oversubscribed by 55.1% The bank received 282.47 million acceptances and excess rights shares applications for the 182.12 million rights shares available…

AirAsia is actively exploring the possibility of increasing flight connectivity to and from Penang as part of its ongoing regional growth strategy, reaffirming its commitment to strengthening regional accessibility.

theedgemalaysia.com highlighted two stocks with negative momentum at Bursa Malaysia’s afternoon close on Tuesday.