Malaysia’s corporate landscape saw a mix of fundraising activities, renewable energy expansion, IPO enthusiasm and balance sheet restructuring dominate headlines, reflecting continued investor appetite for growth and defensive sectors despite broader market caution. Tenaga Advances Renewable Energy Push KL: TENAGA strengthened its renewable energy ambitions after its subsidiary issued RM1.05 billion in Asean Green SRI Sukuk to finance a 500MW solar photovoltaic project in Kedah . The issuance highlights increasing institutional support for green financing and reinforces Tenaga’s long-term transition towards cleaner energy infrastructure. Investors may view the move positively as ESG-linked investments continue gaining traction across regional markets. Mr DIY Expands Funding Flexibility KL: MRDIY raised RM540 million via its maiden bond issuance , with proceeds earmarked for refinancing, working capital and expansion plans. The ...
Yesterday, the Kuala Lumpur High Court today dismissed the Home Ministry's application to stop The Edge Weekly and The Edge Financial Daily from resuming publication, pending the outcome of its appeal.
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| The Edge publication can resume pending outcome from appeal |
Among other things, Asmabi had said that Zahid was himself "in doubt" on whether The Edge had published its articles by relying on allegedly unverified information on online news portals, especially Sarawak Report.
In the legal challenge filed by The Edge, the home minister and the Home Ministry’s secretary-general are named as respondents.
A hearing date has yet to be fixed at the Court of Appeal for the government's appeal against the September 21 ruling, Loke said.
She also disagreed that the High Court's decision today would render the government's appeal academic.
"It is not academic because we are still going to argue that the decision of minister is right. If we are successful in that, of course the Court of Appeal would dismiss the damages assessment as well," she said.
She said no date has been fixed for the assessment of damages to be awarded to The Edge for its September court victory, adding that the publisher's lawyers did not object to the government's application for stay of that matter.
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