In today’s episode, we unpack a dynamic mix of corporate headlines, sector moves, and global economic developments. From Gamuda’s RM3.72B contract win to Genting’s US ambitions and Malaysia’s growing digital asset focus, we break down what matters most for investors and businesses.
🇲🇾 Malaysian Company & Market News
🔹 Apex Securities Sees Uneven Recovery
Foreign investors have dumped RM12.2B YTD, but selective buying is recommended—tech, property, infrastructure, and utilities seen as pockets of strength.
🔹 Enproserve IPO Closes July 8
Oil & gas maintenance player targets growth via Pengerang contracts. Priced at 24 sen—below Kenanga’s fair value estimate of 30 sen.
🔹 Foreign Inflows Return—RM33.2M Last Week
After five straight weeks of outflows, cautious optimism re-emerges. A potential sentiment shift to watch.
🔹 Foreign Stakes Rise in AMMB & RHB
Selective foreign interest in banks, but CIMB maintains a neutral sector outlook—underscores the need for granular stock picking.
🔹 Gamuda Secures RM3.72B Taiwan Contract
Massive LNG terminal project boosts order book to RM34.6B. Shares climbed on the news—reinforces international growth story.
🔹 Genting Malaysia Bids for US$5.5B NY Resort
A transformative potential investment—decision expected by Dec 1.
🔹 KWAP Allocates RM6B to Private Markets
12 external fund managers tapped under the Dana Pemacu Initiative—focus on private equity, infra, and real estate.
🔹 Marine & General Posts Mixed Results
Q4 profit down 2.8% despite higher revenue—reflects operational challenges amid steady domestic demand.
🔹 MyEG Rebrands as Zetrix AI
Effective July 3. Signals strategic pivot into AI and blockchain.
🔹 Ni Hsin Acquires Hy-Fresh Group
Diversifies into halal poultry—a resilient F&B sector expansion.
🔹 Reservoir Link Lands RM100M Petronas Work Order
Specialized cement assurance contract adds multi-year revenue visibility.
🔹 Sapura Energy Reports RM478M Loss
PN17 status remains. Restructuring plan on track for Aug 2025 completion.
🔹 Theta Edge Wins RM87.9M Fibre Optic Job
Digital infra project on Petronas pipeline to boost earnings.
🔹 Top Glove Near 2023 Lows
Weak Q3 results. Surging costs and competition still weigh on outlook.
🔹 United Malacca Shares Hit 6-Month High
Strong palm oil output drives earnings beat and surprise special dividend.
🔹 Yinson Holdings Pauses Major Investments
Focus shifts to monetizing existing assets—reflects financial discipline in uncertain times.
🏛️ Domestic Economy & Policy
🔸 SC Seeks Feedback on Digital Asset Rules
RM13.9B in crypto trading value last year—regulators adapting frameworks to keep pace.
🔸 Op Kesan 4.0 Targets Price Gouging
Gov’t clamps down on unfair price hikes during SST transition.
🌍 Global & Market Developments
⚠️ BIS Warns of Global Economic Crossroads
Cites trade disruption and uncertainty—calls central banks vital stabilizers.
🇨🇳 China Maintains Anti-Dumping Duties
Trade tensions persist alongside slow domestic recovery.
🇺🇸 US-Canada Trade Talks Revived
After abrupt halt and tariff threats—volatility remains high.
🪙 Dollar Near 4-Year Low vs Euro
Signals questions over USD dominance and long-term stability.
🇪🇺 ECB Adjusts Strategy
Tolerates inflation around 2%—building flexibility into monetary policy.
🛢️ Oil Prices Slip on Eased Tensions, OPEC+ Output
Geopolitics, demand worries, and supply increases weigh on crude.
📈 World Shares Hover Near Record Highs
Driven by US tech gains and NATO-related European defense spending.
📌 Key Takeaways & Investor Insights
✅ Gamuda and Genting moves show Malaysian firms are pushing global ambitions.
✅ Yinson, Top Glove, Sapura highlight sectoral pressures—discipline and focus matter.
✅ Digital assets and AI are growing regulatory and strategic priorities.
✅ Global uncertainty remains elevated—trade tensions, dollar shifts, and commodity volatility create a complex backdrop.
✅ Selective, diversified strategies are key in this environment.
🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!
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