KUALA LUMPUR: Bursa Malaysia dibuka rendah pada Selasa susulan aktiviti pengambilan untung daripada sesi dagangan sebelum ini, mencerminkan kemungkinan momentum kenaikan baru-baru ini semakin sederhana, namun belum menunjukkan pembalikan arah sepenuhnya.

KUALA LUMPUR: Bursa Malaysia opened lower on Tuesday, extending the profit-taking trend from the previous session, signalling that the recent upcycle may be losing momentum rather than reversing outright.

theedgemalaysia.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Monday. One showed positive momentum, while another seven showed negative momentum.

NexG Bhd saw volatile trading amid new contracts and acquisitions, while Tan Sri Tan Kean Soon's resignation at T7 Global triggered significant share price drops. Other executives also faced leadership changes or share disposals, highlighting market uncertainty and investor concerns over company performance and governance.

Notable filings During the week of Dec 1 to 5, notable shareholding changes at Bursa Malaysia-listed companies included those at Penang-based Chin Well Holdings Bhd (KL:CHINWEL), a manufacturer of fasteners and wire products, which saw Samarang UCITS-Samarang Asian Pr...

KUALA LUMPUR: The Sustainable Energy Development Authority (SEDA) Malaysia has approved the feed-in tariff commencement date (FiTCD) for Tex Cycle (P2) Sdn Bhd's (TCP2) two-megawatt (MW) gasification gas engine power plant in Port Klang, Selangor.

（吉隆坡18日讯）TEX循环科艺(TEXCYCL,0089,创业板工业产品服务组)宣布，其位于雪兰莪巴生的2兆瓦气化燃气发电厂，已顺利获得马来西亚永续能源发展机构（SEDA）的官方批准，确认其上网电价生效日期（FiTCD）。该项目已于2025年7月28日成功完成初始运行日（IOD）的测试工作，并通过后续的验收测试与性能评估（ATPA），如今再达成新的里程碑。SEDA正式确认该项目的上网电价生效日期（FiTCD）为2025年9月30日，并核准每千瓦时42.66仙的上网电价（FiT）。这让TEX...

KUALA LUMPUR: Tex Cycle Technology (M) Bhd’s power plant in Selangor has received confirmation from the Sustainable Energy Development Authority (Seda) regarding its feed-in tariff commencement date.

Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.

Tex Cycle Technology (M) Bhd (KL:TEXCYCL) reported a 6% decline in its third quarter net profit due to higher resource allocation for its waste treatment operations, even as revenue surged from its newly acquired subsidiary.

KUALA LUMPUR: Tex Cycle Technology (M) Bhd saw its net profit dip six per cent to RM2.3 million in the third quarter, down from RM2.4 million in the same period last year, mainly due to higher cost of sales.

Businessman Datuk Keh Chuan Seng, a promoter and substantial shareholder of ES Sunlogy Bhd (KL:SUNLOGY), has trimmed his stake in the electrical and solar engineering company.

GE-Shen Corp Bhd (KL:GESHEN) is working to restore investor confidence and advance its transformation strategy after the sudden resignation of its executive chairman earlier this year rattled markets. Under new management, the precision engineering and manufacturing services firm remain...

（吉隆坡2日讯）TEX环保科技（TEXCYCL，0089，创业板工业）宣布，达成先决条件后，收购Safety & Environmental Laboratory私人有限公司（SEL）60%股权的交易已无条件生效。该公司在文告指出，SEL将全面并入公司的运营体系，双方将结合各自的专业优势与资源，为客户提供更广泛的解决方案。该公司透露，SEL在认证实验室服务与环境合规能力上具备优势，与公司在列管废料管理方面的专长形成互补。TEX环保科技正式收购Safety & Envir...

KUALA LUMPUR: Tex Cycle Technology (M) Bhd (Tex Cycle), penyedia penyelesaian pengurusan sisa dan kitar semula, mengumumkan telah melengkapkan semua syarat perjanjian jualan saham bagi pemerolehan 60 peratus ekuiti dalam Safety & Environmental Laboratory Sdn Bhd (SEL), sekali gus menjadikan transaksi itu tidak bersyarat.

KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.

Tex Cycle Technology (M) Bhd has announced that all conditions precedent under the share sale agreement for the acquisition of a 60% equity stake in Safety & Environmental Laboratory Sdn Bhd (SEL) have been successfully fulfilled, rendering the transaction unconditional.

PETALING JAYA: Tex Cycle Technology (M) Bhd has announced that all conditions precedent under the share sale agreement for the acquisition of a 60% equity stake in Safety & Environmental Laboratory Sdn Bhd (SEL) have been successfully fulfilled, rendering the transaction unconditional.

Tex Cycle Technology (M) Bhd (KL:TEXCYCL) is expanding its scheduled waste management capabilities to focus on specialised waste stream through a collaboration with Melaka-based waste treatment and recycling solutions provider, Victory Recovery Resources Sdn Bhd.

KUALA LUMPUR: Tex Cycle Technology (M) Bhd is expanding its waste management capabilities via a collaboration with Victory Recovery Resources Sdn Bhd to focus on specialised waste streams, such as e-waste.