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Bursa Malaysia Securities Reprimands, Fines Dealer RM59,000 Over Share Manipulation

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia Securities Bhd has reprimanded and imposed a fine of RM59,000 on Nurendran a/l Parathan, for engaging in manipulative trading activities in the securities of numerous counters. 

RHB Gets BNM Approval To Start Tokio Marine Talks

KUALA LUMPUR, May 11 (Bernama) -- RHB Bank Bhd said its unit, RHB Investment Bank Bhd, has received no objection from Bank Negara Malaysia to begin talks with Tokio Marine Asia Pte Ltd on the proposed disposal of up to a 100 per cent stake in RHB Insurance Bhd.

Late Selling Pushes Bursa Malaysia Into Negative Territory At Close

By Siti Noor Afera Abu

KUALA LUMPUR, May 11 (Bernama) -- Late selling pressure dragged Bursa Malaysia into negative territory at the close, reversing earlier gains as profit-taking in heavyweight banking and transportation counters dampen overall market sentiment.

Esentia Prices US$2 Bln Senior Notes Offering

KUALA LUMPUR, May 11 (Bernama) -- Esentia Energy Development S.A.B. de C.V. (Esentia) announced the pricing of US$2 billion in senior notes through a private offering to qualified institutional buyers and non-United States (US) investors. (US$1 = RM3.91)

Malaysia's Wholesale And Retail Trade Climbs 9.8 Pct To RM169 Bln In March 2026 -- DOSM

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s wholesale and retail trade climbed 9.8 per cent year-on-year in March 2026, with sales worth RM169 billion, supported by strong seasonal consumer demand, according to the Department of Statistics Malaysia (DOSM).

Malaysia Targets Stronger EV Ecosystem Via OEM-Local Vendor Ties -- Sim

KUALA LUMPUR, May 11 (Bernama) -- Malaysia wants original equipment manufacturers (OEMs) to collaborate with local vendors to level up the entire value chain and ecosystem via the new electric vehicle (EV) policy, said Deputy Investment, Trade and Industry Minister Sim Tze Tzin. 

Malaysia's Volume Index Of Services Up By 5.8 Pct In 1Q 2026 -- DOSM

KUALA LUMPUR, May 11 (Bernama) -- Malaysia’s volume index of services recorded a year-on-year growth of 5.8 per cent in the first quarter (1Q) of 2026, reaching 168.0 points, according to the Department of Statistics Malaysia (DOSM).

TSplus Showcases Global Strategy At Annual International Meeting In Greece

KUALA LUMPUR, May 11 (Bernama) -- TSplus, a French software company, centred its annual International Meeting on collaboration and shared purpose during a six-day event held in Greece.

Stoneshield Capital Becomes Meliá’s Second-Largest Shareholder 

KUALA LUMPUR, May 11 (Bernama) -- Stoneshield Capital has become the second-largest shareholder in Meliá Hotels International (Meliá) with a 9.5 per cent stake, while Stoneshield co-founder, Juan Pepa has been appointed to Meliá’s Board of Directors.

Bursa Malaysia Ends Morning Session Higher On Gains In Plantation, Healthcare

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia’s benchmark index remained above the 1,700-point level at the end of the morning trading session, supported by buying interest, particularly in plantation and healthcare counters.

Govt Refining Appropriate Threshold For Petrol Subsidy Recipients-- Akmal

PUTRAJAYA, May 11 (Bernama) -- The government is refining the appropriate threshold between those who should receive petrol subsidies and those who can be excluded as part of the effort to implement a more targeted subsidy mechanism, said Economy Minister Akmal Nasrullah Mohd Nasir.

Three Local Companies Approved For Access To Arm Ltd's Technology - Akmal

PUTRAJAYA, May 11 (Bernama) -- The government has extended offers under the strategic collaboration between the Malaysian government and Arm Ltd to three local companies as part of efforts to strengthen the nation’s capabilities in integrated circuit (IC) design.