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Infomina accelerates AI push to boost recurring income
https://www.thestar.com.my/business/business-news/2025/10/14/infomina-accelerates-ai-push-to-boost-recurring-income

PETALING JAYA: Infomina Bhd is seeking to accelerate the commercialisation of its artificial intelligence (AI) capabilities including data connectors, predictive analytics, AI agents and licensing models to further enhance its recurring managed services income. Read full story (https://www.thestar.com.my/business/business-news/2025/10/14/infomina-accelerates-ai-push-to-boost-recurring-income)
KIP REIT completes second tranche of private placement
https://www.thestar.com.my/business/business-news/2025/10/14/kip-reit-completes-second-tranche-of-private-placement

PETALING JAYA: KIP Real Estate Investment Trust (KIP REIT) has completed the second tranche of its private placement exercise, comprising 37 million new units issued at an issue price of RM0.825 per unit, raising gross proceeds of RM30.5mil. Read full story (https://www.thestar.com.my/business/business-news/2025/10/14/kip-reit-completes-second-tranche-of-private-placement)
Fitch: Downward trend in debt, fiscal reforms can support Malaysia’s sovereign rating
https://www.thestar.com.my/business/business-news/2025/10/14/fitch-downward-trend-in-debt-fiscal-reforms-can-support-malaysias-sovereign-rating

KUALA LUMPUR: The expectation of a downward trend in general government debt and Gross Domestic Product (GDP) that is closer to peer medians, supported by a strong consolidation strategy and improved growth prospects, could put upward pressure on Malaysia's 'BBB+' sovereign rating. Read full story (https://www.thestar.com.my/business/business-news/2025/10/14/fitch-downward-trend-in-debt-fiscal-reforms-can-support-malaysias-sovereign-rating)
Ringgit up against major currencies but eases vs greenback amid US-China trade tensions
https://www.thestar.com.my/business/business-news/2025/10/14/ringgit-up-against-major-currencies-but-eases-vs-greenback-amid-us-china-trade-tensions

KUALA LUMPUR: The ringgit slipped further against the US dollar at the close on Tuesday as investors turned to the greenback to hedge against market volatility amid escalating trade tensions between the United States and China. Read full story (https://www.thestar.com.my/business/business-news/2025/10/14/ringgit-up-against-major-currencies-but-eases-vs-greenback-amid-us-china-trade-tensions)
Southern Cable to raise up to RM259mil for capacity expansion
https://www.thestar.com.my/business/business-news/2025/10/14/southern-cable-to-raise-up-to-rm259mil-for-capacity-expansion

KUALA LUMPUR: Southern Cable Group Bhd has proposed a private placement of up to 10% of its issued shares to fund its multi-year expansion plans and tap growing demand for cables and wires in both domestic and overseas markets. Read full story (https://www.thestar.com.my/business/business-news/2025/10/14/southern-cable-to-raise-up-to-rm259mil-for-capacity-expansion)
Bursa Malaysia ends lower on late selling
https://www.thestar.com.my/business/business-news/2025/10/15/bursa-malaysia-ends-lower-on-late-selling

Bursa Malaysia reversed earlier gains to close lower yesterday, weighed down by late selling in selected heavyweight counters as investors turned cautious amid a regional downtrend. Read full story (https://www.thestar.com.my/business/business-news/2025/10/15/bursa-malaysia-ends-lower-on-late-selling)
Go Innovate seeks to go private
https://www.thestar.com.my/business/business-news/2025/10/15/go-innovate-seeks-to-go-private

Go Innovate Asia Bhd has received a request from two of its shareholders, Fong Pok Yee and Derrick Chia Kah Wai, to undertake a selective capital reduction and repayment exercise at 4.25 sen per share. Read full story (https://www.thestar.com.my/business/business-news/2025/10/15/go-innovate-seeks-to-go-private)
Wall St ends mixed as banks rally on upbeat results
https://www.thestar.com.my/business/2025/10/15/wall-st-ends-mixed-as-banks-rally-on-upbeat-results

Wall Street ended mixed on Tuesday as investors digested mostly positive quarterly results from big US banks, comments from Federal Reserve chair Jerome Powell and an ongoing US-China trade war. Read full story (https://www.thestar.com.my/business/2025/10/15/wall-st-ends-mixed-as-banks-rally-on-upbeat-results)
Oil settles down 1.5% on US-China trade tensions
https://www.thestar.com.my/business/2025/10/15/oil-settles-down-15-on-us-china-trade-tensions

Oil prices fell on Tuesday, settling 1.5% lower as the International Energy Agency warned of a huge supply glut in 2026, and as trade tensions persisted between the US and China, the world's two biggest economies. Read full story (https://www.thestar.com.my/business/2025/10/15/oil-settles-down-15-on-us-china-trade-tensions)
2025/10/21 12:46:39
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