EPF Bets on 99 Speedmart, SST Expands & 2.9B Bond Inflow| Malaysia Daily Financial News 10th Jun 25

In today’s episode of Malaysia Money Matters, we unpack a wide range of developments—from EPF’s strategic buy-in at 99 Speedmart to government tax reforms and foreign investors pouring into Malaysian bonds.

We also explore why global deflation risks, China’s fragile recovery, and renewed US-China trade talks are shaping markets from Kuala Lumpur to London.

🇲🇾 Malaysian Company & Market News

🔹 EPF Acquires 5% in 99 Speedmart
Alongside longer store hours expected to nudge up revenue, EPF’s 5.02% stake adds institutional weight to the homegrown retailer.

🔹 Ancom Nylex Consolidates Control
Plans full takeover of delisted Nylex via capital reduction, offering 5 sen per share—streamlining its corporate structure.

🔹 Chin Well Expands Landbank
Spends RM48.5M acquiring industrial land in Seberang Perai, pointing to long-term manufacturing and logistics growth plans.

🔹 Ecomate Diversifies into ICT
Buying 50% of PCS to enter the tech space—diversification alongside a bonus issue. A strategic pivot amid furniture sector challenges.

🔹 Scientex Packaging Exits Myanmar
Weak profit performance and instability in the region drive its withdrawal—highlighting geopolitical risk in expansion strategies.

🔹 KNM & Omesti Push Restructuring
KNM seeks RM182M interest waiver in debt plan, sells German unit. Omesti announces capital reduction to manage losses.

🏛 Policy, Economy & Market Outlook

🔹 Expanded SST Rolls Out
As of July 1, 5–10% tax applies to more goods and services, including luxury rentals, high-end healthcare, and foreigner-targeted education. Essentials remain exempt.

🔹 Mobile Data Collection Proceeds
MCMC-DOSM plan from 2023 rolls out nationwide—aggregated, anonymised, but no opt-out—raising privacy and transparency questions.

🔹 Bonds Up, Stocks Down
Q1 earnings season disappoints; Maybank IB and CIMB lower FBM KLCI targets. Banking sector downgraded. Yet, foreign investors poured US$2.9B into Malaysian gov bonds in May—the highest since Oct 2013.

🔹 ECRL Spurs Sector Interest
Speculation on a new spur line boosts sentiment around construction players like IJM and Muhibbah Engineering.

🌍 Global Trends & Their Impact on Malaysia

🌐 China: Deflation Deepens, Lending Rebounds
Consumer and factory prices fall again in May, but new yuan loans triple—offering a mixed signal as Beijing walks the stimulus tightrope.

🌐 US-China Talks Resume
Fresh negotiations kick off in London post-Geneva pact. Rare earths high on the agenda. Trade tensions persist, despite minor breakthroughs.

🏦 Europe Holds Steady on Rates
BOE sees disinflation continuing; ECB stays near 2% inflation target. Both remain cautious amid global uncertainty.

📈 Emerging Market Bonds Attract Capital
Global investors continue to chase yield. US$331B in EM bonds sold this year—rising demand fueled by weaker USD and looming rate cuts.

📌 Key Takeaways & Investor Insights

✅ Malaysia’s domestic sentiment is split—stock outlook cautious, bond flows surging with US$2.9B inflow in May.
✅ Retail, manufacturing, and ICT sectors show agility, while others like construction and oil & gas await policy clarity.
✅ Expanded SST aims to raise revenue with minimal consumer disruption—watch for long-term consumption shifts.
✅ China’s economic turbulence, rare earth leverage, and US trade friction remain key global headwinds.
✅ Foreign investor appetite signals confidence in Malaysian macro stability despite mixed Q1 earnings.

If you would like a deeper dive into all the investment opportunities from today’s news, subscribe to my newsletter at https://MMoneyMatters.substack.com. I will be sharing a deeper analysis of the key investment opportunities from today’s news, including what makes these opportunities stand out and how they fit into the broader market trends.

Видео EPF Bets on 99 Speedmart, SST Expands & 2.9B Bond Inflow| Malaysia Daily Financial News 10th Jun 25 канала Malaysia Money Matters