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ACE Market-bound Ambest Aims To Raise RM27.50 Mln From IPO

PETALING JAYA, Jan 21 (Bernama) -- Ambest Group Bhd, an engineering support services provider specialising in precision machining, aims to raise approximately RM27.50 million through its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd on Feb 6, 2026.

CPO Prices To Stay Range-bound At RM4,000-RM4,300 per Tonne In February -- MPOC

KUALA LUMPUR, Jan 21 (Bernama) -- Crude palm oil prices (CPO) are expected to remain range-bound between RM4,000 per tonne and RM4,300 per tonne in February due to seasonal declines in production and stocks, according to the Malaysian Palm Oil Council (MPOC).

MMC Ports Targets Digital Consolidation And Operational Resilience In Pivotal 2026

KUALA LUMPUR, Jan 21 (Bernama) – MMC Ports Holdings Bhd, Malaysia’s largest port operator and manager of key transshipment hubs, will focus on executing targeted infrastructure upgrades and equipment enhancement programmes in 2026.

Bursa Malaysia Starts Lower Amid Geopolitical Tensions

KUALA LUMPUR, Jan 21 (Bernama) -- Bursa Malaysia opened lower on Wednesday, tracking weaker overnight cues from Wall Street as escalating geopolitical tensions over the Greenland takeover dampened investor sentiment.

Strong Corporate Governance Key To Investor Confidence, Capital Market Stability -- Fadillah

KUALA LUMPUR, Jan 20 (Bernama) -- Strong corporate governance anchored in trust and accountability is essential for sustaining investor confidence and strengthening Malaysia’s capital markets amid rising global uncertainty, said Deputy Prime Minister Datuk Seri Fadillah Yusof. 

PJBumi Unit Enters Contract To Buy Drilling Rigs For RM161.64 Mln

KUALA LUMPUR, Jan 20 (Bernama) -- PJBumi Bhd’s indirect wholly-owned subsidiary, Rig Capital Pte Ltd, has signed a contract to purchase five sets of drilling rig from Gaoyou Hao Xiang Petroleum Machinery Co Ltd for RM161.64 million.

ACE Market-bound ISF Group’s IPO Oversubscribed By 31.13 Times

KUALA LUMPUR, Jan 20 (Bernama) -- ISF Group Bhd’s initial public offering (IPO) has been oversubscribed by 31.14 times, with 11,446 applications for 1.61 billion shares, valued at around RM530 million, ahead of its listing on Malaysia Securities Bhd’s ACE Market on Jan 28, 2026.

Finland Offers High-Tech, Cybersecurity Expertise To Deepen Ties With Malaysia

KUALA LUMPUR, Jan 20 (Bernama) – Finland is offering its expertise in high technology, information and communication technology (ICT), connectivity and cybersecurity, among other sectors, to further deepen collaboration with Malaysia amid surging demand from the data centre economy.

Bursa Malaysia Ends Lower, CI Falls Below 1,700 Mark

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, Jan 20 (Bernama) -- Bursa Malaysia’s benchmark index ended lower on Tuesday, slipping below the key 1,700 level, as continued profit-taking and weak regional market performance, amid heightened geopolitical tensions, dampened investor risk appetite.

Malaysia’s Auto Market Maintains Momentum With 820,752 Units Sold In 2025

KUALA LUMPUR, Jan 20 (Bernama) -- The Malaysian automotive market maintained its strong momentum in 2025, surpassing the 800,000-unit threshold for the second consecutive year, with total industry volume (TIV) rising to 820,752 units from 816,747 units last year, representing an increase of 0.5 per cent.

SBS Nexus Opens Flat At 25 Sen On ACE Market Debut

KUALA LUMPUR, Jan 20 (Bernama) -- Branding and marketing firm SBS Nexus Bhd made a flat debut on the ACE Market of Bursa Malaysia today at its initial public offering (IPO) price of 25 sen per share.

JcbNext Disposes Of 9.45 Pct Remaining Stake In Nova Pharma For RM5.21 Mln

KUALA LUMPUR, Jan 19 (Bernama) -- JcbNext Bhd has disposed of its entire 9.45 per cent equity interest in Nova Pharma Solutions Bhd for RM5.21 million after accepting an unconditional mandatory takeover offer from Southern Score Builders Bhd.