Malaysia’s RM3B Sukuk & China’s Surprise Rate Cut | Malaysia Daily Financial News Digest 26th Mar 25

In today’s episode of Malaysia Money Matters, we explore key developments across Malaysia’s corporate sector, major shifts in global monetary policy, and the ripple effects of international trade tensions. From Eversendai’s billion-ringgit wins to China and Australia slashing rates, we break down what it all means for you.

🇲🇾 Malaysian Company & Market News

🔹 Axis REIT Launches RM3B Sukuk Programme
Solid AA2/A1-rated Islamic debt facility to fund capital needs, expansions, and refinancing. Market reacted positively; units closed higher at RM1.90.

🔹 Eversendai Secures RM1.3B in Contracts
Wins across UAE, India, Singapore, and Germany. Notably part of a German offshore wind energy project. Order book now at RM6.6B.

🔹 Gas Malaysia Taps Biomethane
Launches centralized injection facility in Johor, targeting premium green energy sales to ESG-conscious clients. Break-even estimated in 7–9 years.

🔹 IHH Ups Fortis Deal Legal Claim
Singapore unit now seeking RM5.7B in damages from Daiichi Sankyo over blocked Fortis acquisition. Court hearing set for July.

🔹 Inari Profits Drop, Cautiously Optimistic
Q3 net profit down 24.7% on lower volume and China startup losses. Dividend declared; shares held at RM2.02.

🔹 Duopharma’s Insulin Deal Extended Again
Six-month contract extension with Malaysia’s Ministry of Health boosts stability. Third extension since 2021.

🔹 MyEG Profits Up on Blockchain Growth
Q1 net profit rises 16.5% on gains from Zetrix platform. Eyes further growth from Malaysia’s national blockchain rollout.

🔹 Petronas Chemicals Posts Rare Net Loss
RM18M Q1 loss due to weaker margins, FX hits, and Pengerang supply issues. Fertilizer & methanol segment offered some relief.

🔹 Sapura Industrial Moves Into Battery JV
Partners with China’s Zhejiang Zhongze to manufacture battery components locally. Sapura holds a 51% stake.

🔹 Sports Toto Hits 12-Year Profit High
Q3 net profit more than doubles, boosted by demand for jackpot draws. Declares 2 sen dividend.

🔹 Sunway Construction Adds RM260M Data Centre Job
Secures final phase of Johor data centre build; total contract value now RM393M. Q1 net profit more than doubled.

🔹 TSH Resources Profit Jumps 140%
Higher palm prices, better segmental contributions, and lower costs drove strong Q1. No dividend this round.

🔹 Velesto Wins Vietnam Rig Contract
Deploying NAGA 4 rig for 40+ wells starting 1H 2026. Expected to boost 2026–27 earnings.

🔹 Petronas-ENI Eye Indonesian Gas JV
Talks to jointly develop Indonesia’s Kutai Basin gas assets. Asset swap could be in play.

🌍 Global Trends & Their Impact on Malaysia

🌐 China & Australia Cut Interest Rates
Coordinated monetary easing reflects concerns over global trade and domestic headwinds. Regional markets react cautiously.

💱 Japan’s Bond Market Hit by Weak Auction
20-year yields hit highest level since 2000. Signals anxiety over fiscal policy and BOJ support.

🛢 Kazakhstan Defies OPEC+ with Output Hike
2% increase in May oil production adds pressure to supply management efforts within the bloc.

⚠️ ECB & BIS Warn of Trade & FX Risks
ECB flags tariff-driven financial instability. BIS highlights $113T FX swap market risk tied to potential “dollar scramble.”

📉 Moody’s Downgrades US Credit Rating
Cuts sovereign rating to Aa1, citing rising debt and fiscal strain. Markets react with selloff and rising yields.

🧾 Exporters Feel Tariff Pain
Allianz survey shows 42% of global exporters expect revenue drops. German firms especially worried.

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 Malaysia’s RM3B Sukuk & China’s Surprise Rate Cut | Malaysia Daily Financial News Digest 26th Mar 25 канала Malaysia Money Matters