🚀 Malaysia Inc. Update: Apollo Soars, UWC Recovers, Chin Hin Pulls Plug, KPJ Awards Big, Yinson Secures Cash
KL:6432.KL:Apollo Food Holdings
KL:6432.KL:Apollo Food Holdings posted record sales and a 50% surge in net profit to RM9.46 million for 4QFY2025, driven by stronger sales and lower costs. Revenue rose 28% to RM73.3 million. The company plans to boost capacity and marketing, and declared a 20 sen dividend payable on July 23.
KL:5292.KL:UWC
KL:5292.KL:UWC nearly doubled its net profit to RM7.96 million in 3QFY2025 from RM4.02 million a year ago. Revenue jumped 44.8% to RM95.56 million on the back of a semiconductor market recovery. Operating profit climbed 49.1% to RM9.91 million.
KL:7152.KL:Jaycorp
KL:7152.KL:Jaycorp reported a net loss of RM2.22 million in 3QFY2025, reversing a RM3.47 million profit last year. Revenue declined 24.2% to RM36.85 million due to weak furniture demand and forex losses. Still, the group declared a 1.5 sen dividend payable July 30.
KL:5273.KL:Chin Hin Group
KL:5273.KL:Chin Hin Group has cancelled its RM51.51 million acquisition of CSS Engineering and Critical System Specialist due to failure in meeting an RM380 million order book condition. The deal, announced in August 2024, was to be funded via cash and shares.
KL:5878.KL:KPJ Healthcare
KL:5878.KL:KPJ Healthcare awarded RM31.97 million in hospital renovation contracts to JLG & BP Design Sdn Bhd, linked to its major shareholder Johor Corporation. The contracts cover premier ward upgrades at Damansara Specialist Hospital 2 and façade works at KPJ Damansara Specialist Hospital.
KL:5186.KL:Malaysia Marine and Heavy Engineering (MHB)
KL:5186.KL:Malaysia Marine and Heavy Engineering (MHB) has secured a final legal win in its long-running dispute with Kebabangan Petroleum Operating Company (KPOC) over defective valves. The Federal Court dismissed KPOC’s appeal, ending a six-year legal battle.
KL:7293.KL:Yinson Holdings
KL:7293.KL:Yinson Holdings has completed the first US$300 million tranche of a planned US$1 billion funding from global investors. The funds were raised through redeemable convertible preference shares and warrants issued by its UK-based unit, Yinson Production Offshore Holdings Ltd.
🔥 Wall Street Wobbles: Fed Watch, Oil Surges & Regencell’s Wild Ride Amid Global Tensions
US:DIA:Dow Jones Industrial Average
US:S27.SI:S&P 500
US:QQQ:Nasdaq Composite
US:UCO:crude oil
U.S. markets closed lower Tuesday as investors await the Fed’s rate decision. The US:DIA:Dow Jones Industrial Average dropped 299 points (-0.7%), US:S27.SI:S&P 500 fell 0.84%, and US:QQQ:Nasdaq Composite lost 0.91%.
Oil surged over 4% with US:UCO:crude oil reacting to Israel-Iran tensions. Brent crude jumped 5%. Energy was the only S&P sector in the green (+1.03%), while healthcare led declines (-1.64%).
US:AAPL:Apple
US:CVX:Chevron
US:AMGN:Amgen
US:CRWD:CrowdStrike
US:TSLA:Tesla
US:AAPL:Apple dragged the S&P 500 most, while US:CVX:Chevron was the biggest gainer in both Dow and S&P. US:TSLA:Tesla fell over 3%, leading losses in the Magnificent Seven.
US:IPO:Renaissance IPO ETF
US:CRWV:CoreWeave
IPO activity is rebounding. US:IPO:Renaissance IPO ETF jumped 17% this quarter. Names like US:CHIME:Chime, US:ETORO:eToro, and US:HINGE:Hinge Health impressed. US:CRWV:CoreWeave was downgraded despite strong post-IPO gains.
US:RGC:Regencell Bioscience Holdings
US:RGC:Regencell Bioscience Holdings exploded over 280% Monday and rose another 25% Tuesday. Despite no revenue, its valuation hit $36B. Fueled by a stock split and social media buzz, it’s now the year’s most speculative stock story.
🚀 Hong Kong & China Beat: Pop Mart Crackdown, Regencell Rocket, Xiaomi’s Auto Hurdle, YADEA’s Profit Jump, and Wang Xing’s Share Sale Stir Investor Action
and More
HK:01585.HK:YADEA
HK:01585.HK:YADEA issued a positive profit alert, expecting interim net profit to rise at least 55% year-on-year to RMB1.6 billion for the six months ending June 30, 2025, up from RMB1.03 billion in the same period last year.
HK:09992.HK:POP MART
HK:09992.HK:POP MART’s IP “Labubu The Monsters Flower Elves” was at the center of a seizure by Ningbo Customs, which confiscated over 20,000 counterfeit plush dolls suspected of copyright infringement.
HK:02015.HK:Li Auto
HK:02015.HK:Li Auto confirmed that HK:03690.HK:Meituan co-founder Wang Xing has reduced his stake in the EV maker for four consecutive days. Li Auto clarified the sales were personal actions during an open trading window and unrelated to Meituan’s holdings.
HK:00016.HK:Sun Hung Kai Properties (SHKP)
HK:00016.HK:Sun Hung Kai Properties (SHKP) secured its first June sale at “Cullinan Harbor” in Kai Tak. A four-bedroom duplex spanning 1,408 sq. ft. was sold via tender for HKD66.63 million, or HKD47,300 per square foot.
US:RGC:Regencell Bioscience Holdings
Hong Kong-based herbal play Regencell has soared 460× in 2025 to a US$30 billion market cap despite zero revenue, stoking bubble worries.
HK:00884.HK:CIFI Holdings Group
CIFI unveiled a RMB10 billion bond-restructuring plan that would push maturities out 9.5 years as China’s cash-strapped developers scramble for breathing room.
HK:01810.HK:Xiaomi
Founder Lei Jun warned Xiaomi’s EV plant can cap production at 30,000 cars a month, calling auto manufacturing “extremely challenging” amid fierce competition.
US:HXSCF:SK Hynix
SK Hynix shares hit a 20-year high after parent SK Group reportedly teamed with Amazon Web Services to build South Korea’s largest AI data centre.
🚨 Big Moves from Rex, Wilmar, Thakral & OpenAI: IPOs, Court Fights, and AI Defense Push
SGX:5WH.SI:Rex International Holdings
SGX:5WH.SI:Rex International Holdings reported a decline in oil production to 10,874 boepd in May 2025 from 11,438 boepd in April. Subsidiary SGX:TI6.SI:Lime Petroleum produced 9,159 boepd from the Brage and Yme Fields in Norway, while SGX:NA.SI:Masirah Oil recorded 1,715 stb/d from the Yumna Field in Oman.
SGX:O5RU.SI:AIMS APAC REIT
SGX:O5RU.SI:AIMS APAC REIT completed the $24.388 million divestment of 3 Toh Tuck Link at a 32.5% premium to valuation. This brings its portfolio to 27 properties across Singapore and Australia.
SGX:AWI.SI:Thakral Corporation
SGX:AWI.SI:Thakral Corporation expects a 5-fold EPS boost for FY2024 after GemLife Communities Group lists on the ASX in July. Thakral will hold a 16.8% stake post-IPO, which raised A$750 million at a post-money valuation of A$1.58 billion. The company’s NAV and assets are also projected to rise significantly following the reclassification of GemLife from associate to fair value investment.
SGX:F03.SI:Food Empire Holdings
SGX:F03.SI:Food Empire Holdings made its debut on the Fortune Southeast Asia 500 list, joining SGX:F34.SI:Wilmar International, SGX:VC2.SI:Olam Group, SGX:D05.SI:DBS Group Holdings, and SGX:8AZ.SI:Aztech Global. Food Empire reported a 14.9% CAGR revenue growth from 2020–2024 and is expanding facilities in Kazakhstan and its snack business.
SGX:T82U.SI:Suntec REIT
SGX:T82U.SI:Suntec REIT issued $250 million in perpetual securities under its US$2 billion program to refinance borrowings. The issuance was jointly managed by SGX:D05.SI:DBS Group Holdings and SGX:O39.SI:OCBC.
SGX:F34.SI:Wilmar International
SGX:F34.SI:Wilmar International placed an 11.9 trillion rupiah ($930 million) security deposit related to charges of corruption during Indonesia’s 2021 cooking oil shortage. Five subsidiaries—Multimas Nabati Asahan, Multi Nabati Sulawesi, Sinar Alam Permai, Wilmar Bioenergi Indonesia, and Wilmar Nabati Indonesia—face allegations. The Indonesian Supreme Court is reviewing an appeal by the AGO; Wilmar denies wrongdoing.
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