Business & CompaniesIndonesia
Adhi Karya plans shareholder vote on divestment and rights issue funds
The proposed sale of shares in PT Jasamarga Jogja Solo would exceed 50% of the company’s net assets, according to its stock exchange disclosure.
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- EconomyMalaysia
Malaysia’s leading index rises 2.2 per cent in August
Real semiconductor imports increased 18.7 per cent, while weaker housing approvals held back overall growth.
- Business & CompaniesVietnam
PVFCCo and Topsoe sign deal to expand chemicals and energy cooperation
The partners will explore projects in Vietnam and assess technologies for low-carbon ammonia, green hydrogen and other energy products.
- MarketsIndonesia
PACK plans rights issue of up to Rp8.19 trillion
The Indonesian company intends to use the proceeds to repay loans, buy shares in Denway Development Limited and fund working capital.
- MarketsMalaysia
Padini proposes share buy-back as stock trades 49.5 per cent below peak
The proposed mandate covers up to 10 per cent of issued shares, with a shareholder vote scheduled for Nov 25.
IFSS Malaysia targets RM104.5 million from new Petaling Jaya plant
The smart card facility has capacity for 40 million cards a year on one shift, with scope to reach about 80 million on two shifts, the company said.
- Business & CompaniesMalaysia
Penang beats 2026 NCER targets with RM36.62 billion invested
Employment creation reached 19,033 jobs by September 30, exceeding the state’s annual target of 9,000.
Malaysia and Thailand central banks join Singapore digital money initiative
The three central banks will work with industry participants on shared approaches to cross-border digital money transactions.
- Business & CompaniesSingapore
SGX begins succession planning as CEO Loh Boon Chye prepares to leave
Loh’s contract expires in mid-July 2027, with the timing and arrangements for a handover still to be determined.
- MarketsIndonesia
Fadli Zon calls for stock exchange reform after Indonesian shares plunge
The IHSG fell 11.57 per cent on 16 October after MSCI opened a consultation on potentially changing Indonesia’s market classification.
