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Trading ideas: CIMB, Sunway, Glomac, Apex Healthcare, Ingenieur, Infoline, MMAG, MSB, Pan Malaysia, Zetrix, Saliran, GHS...
06/01/2026

Trading ideas: CIMB, Sunway, Glomac, Apex Healthcare, Ingenieur, Infoline, MMAG, MSB, Pan Malaysia, Zetrix, Saliran, GHS

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

CIMB Group Holdings Bhd said its investment banking arm, CIMB Investment Bank Bhd, along with 11 other parties, has been served with a RM1.38bn lawsuit by sukuk holders of MEX II Sdn Bhd.

Sunway Bhd said it has acquired three parcels of land in Selangor and Penang for a total consideration of RM179.8mn to strengthen its presence in key urban growth corridors.

Glomac Bhd said its subsidiary, Glomac Al Batha Sdn Bhd, is disposing of two parcels of leasehold land in Puchong, Selangor, to Sunway Kiara Sdn Bhd for RM97.3mn.

Trading ideas: NuEnergy, Nexgram, PLB Engineering, Sapura Industrial, Borneo OilKUALA LUMPUR: Nexgram Holdings Bhd, NuEn...
26/12/2025

Trading ideas: NuEnergy, Nexgram, PLB Engineering, Sapura Industrial, Borneo Oil

KUALA LUMPUR: Nexgram Holdings Bhd, NuEnergy Holdings Bhd, PLB Engineering Bhd, Sapura Industrial Bhd (SIB) and Borneo Oil Bhd are among the stocks to watch on Friday.

Nexgram reported a net profit of RM882,000 on revenue of RM17.24mil for its first quarter ended Oct 31, 2025.

Due to the change in the previous financial year-end from Jan 31 to July 31, there are no comparative results for the previous corresponding quarter.

NuEnergy is selling its 50% stake in Integrated Mits Sdn Bhd for RM24.5 mil as it exits non-core assets to refocus on renewable energy investments.

Ringgit opens slightly higher vs greenback on softer US policy outlookKUALA LUMPUR: The ringgit opened slightly higher a...
19/12/2025

Ringgit opens slightly higher vs greenback on softer US policy outlook

KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on Friday, holding at the 4.08 level, supported by growing expectations of a softer US monetary policy outlook and recent global central bank developments.

At 8 am, the ringgit strengthened to 4.0820/0940 against the US dollar from 4.0840/0880 at Thursday’s close.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said expectations of an interest rate cut in 2026 have been gaining traction following softer-than-expected US inflation data.

It was reported that US inflation in November came in below expectations at 2.7 per cent, compared with consensus estimates of 3.1 per cent. Similarly, core inflation moderated to 2.6 per cent from 3.0 per cent in September.

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