KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
1. Sapura Resources Bhd extended the leave of absence for Managing Director Datuk Shahriman Shamsuddin for another month, marking a continuation of his garden leave, which began on Sept 11.
2. HeiTech Padu Bhd faces possible legal action from Souqa Fintech Sdn Bhd following HeiTech’s aborted deal to acquire a 30% stake in the fintech company for RM16.17 million
3. Guan Chong Bhd is negotiating to acquire a 25% stake in Transcao Côte d'Ivoire, a cocoa manufacturer, to expand its presence in the world's largest cocoa bean origin country.
4. Berjaya Food Bhd signed a master franchise agreement to operate Paris Baguette stores in Brunei and Thailand, aiming to open stores by Q3 2025.
5. Petron Malaysia announced an eight-week maintenance shutdown of its Port Dickson refinery for furnace repairs but assured no supply disruptions.
6. Tropicana Corp Bhd sold 38.5 acres of land in Johor to Computility Technology for RM240 million, marking its second land sale for data center development this year.
7. SkyWorld Development Bhd and PR1MA Malaysia inked a deal to build 491 affordable housing units in Brickfields, Kuala Lumpur, valued at RM191.49 million.
8. Kumpulan Kitacon Bhd secured a RM64.05 million contract from S P Setia’s unit for Phase 3 of Arundina, which involves building 130 double-storey semi-detached houses in Setia Alam.
9. Ecomate Holdings Bhd plans to acquire a factory and machinery from SWS Capital Bhd for RM7 million and RM1.85 million, respectively, to support its business expansion.
10. LBS Bina Group Bhd awarded Solarvest Holdings Bhd a contract worth RM104 million to construct a 43-MWp solar farm in Senawang, Negeri Sembilan.
11. Atlan Holdings Bhd posted a 5.27% rise in net profit for 2QFY2025 and declared a second interim dividend of 3.75 sen per share, despite a higher revenue contribution from all business segments.
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