KUALA LUMPUR: Bursa Malaysia Bhd is experiencing a resurgence in IPOs as 2024 draws to a close, reflecting renewed investor confidence in the local bourse.

With 44 initial public offerings to date, Bursa Malaysia has outpaced other markets in Southeast Asia, emerging as an attractive IPO destination amid a stable economic and political landscape.

According to Mohd Sedek Jantan, UOB Kay Hian Wealth Advisors’ head of investment research, several factors have contributed to this surge. “The risk of doing business in the fourth quarter has subsided as major economic and political uncertainties have passed, such as the US presidential election while Malaysia’s active role in international forums has bolstered the country’s global standing,” he told Bernama.

He reckons that Malaysia’s stable economic indicators, including positive trade figures, healthy employment rates and steady industrial production have fostered a predictable business environment that encourages IPO activity. “Political stability and a clear government policy framework further enhance investor confidence,” he said.

The surge in IPOs on Bursa Malaysia underscores the local bourse’s resilience compared to other regional markets.

Mohd Sedek noted that Malaysia has recorded 36 IPOs so far this year, raising about US$450 million in the first half alone, which accounts for 33% of Southeast Asia’s total IPO proceeds.

“This stands in contrast to a subdued IPO market across the Asia-Pacific, where proceeds have dropped by 63%, largely due to challenges in China and Hong Kong.

“Malaysia has outperformed both Indonesia and Singapore in IPO activity this year,” he pointed out, highlighting that Indonesia faces political uncertainty following its recent presidential election, while Singapore has seen a slowdown in activity due to high regulatory costs and weak investor demand.

In contrast, he said Malaysia’s IPO market benefits from a stable macroeconomic backdrop, business-friendly regulations, and the supportive Madani Economy Framework.

Mohd Sedek said the growth in IPOs reflects optimism in key Malaysian sectors, with recent listings from the construction, manufacturing, and healthcare industries.

He said in the construction sector, which expanded by 22.9% in the third quarter, private and public investments in residential, non-residential, and large-scale infrastructure projects are expected to drive further growth. “Key government initiatives, such as RM9 billion for private finance initiatives and RM25.5 billion from government-linked investment companies are expected to sustain this momentum,” he added.

In the manufacturing sector, Malaysia’s transformation under the New Industrial Master Plan 2030 aims to drive growth in high-value, technology-driven industries. “The government’s focus on digitalisation, green technology, and advanced manufacturing techniques is expected to attract further investments, solidifying Malaysia’s position as a competitive manufacturing hub in Asean,” he said.

Malaysia’s healthcare sector is also expanding due to demographic shifts and rising health awareness. The integration of technology, such as telemedicine and digital health solutions, is anticipated to boost the sector’s growth by improving care accessibility and efficiency. “This trend, coupled with government support for medical tourism, positions Malaysia as a key player in the healthcare industry in the region,” Mohd Sedek said.

Bursa Malaysia CEO Datuk Muhamad Umar Swift expressed satisfaction with the IPO momentum, noting that three Main Market IPOs were listed this week alone.

“This surge reflects a thriving capital market with strong regulatory support and a diverse investor pool. Malaysia has experienced a bull run, making us the Asean exchange with the highest number of IPOs to date this year,” he said.

Echoing this sentiment, the exchange regulator’s chairman Tan Sri Abdul Wahid Omar highlighted the significance of Monday’s listings, which took place on the auspicious date of 11.11. (Nov 11)

“Both companies chose that date for its auspicious nature, marking a rare occasion of two listings on the same day. The last time Bursa hosted two listings on a single day was in November 2017, following the demerger of Sime Darby Group, which saw both Sime Darby Plantation Bhd and Sime Darby Property Bhd debut together,” he said.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the strong IPO pipeline signals positive prospects for the Malaysian economy, as stable policies and a clear path towards becoming a high-income nation attract investor interest.

“Malaysia’s equities are undervalued, offering upside potential. The economic and policy stability enhances investor confidence, while companies’ growth trajectories inspire optimism for the market’s future,” he said.

Mohd Afzanizam said that as Bursa Malaysia continues to attract IPOs, he expects the exchange’s momentum to inspire small and medium enterprises to pursue similar growth opportunities. “The record-setting IPO activity underscores Malaysia’s resilience and strong capital market position in Asean, providing a positive outlook for 2025,” he added. – Bernama

The Maryland Terrapins are used to hoeing a difficult road during the football season. In 2024, however, the difference is a team that has not only failed to reach rather mild expectations, but one that is severely underperforming.

German Chancellor Olaf Scholz has announced that he will ask for a vote of confidence on Dec. 16, paving the way forward for an early parliamentary election in February.

Associated Builders and Contractors reported Sept. 10 that its Construction Backlog Indicator fell to 8.2 months in August, according to an ABC member survey conducted from Aug. 20 to Sept. 5. The reading is down one month from August 2023.

The latest survey was conducted before the Federal Reserve announced that it would reduce interest rates by a half-point.

Shane McEwen, Blackline Safety, explains how organizations incorporating "connected safety" into their worker safety programs can minimize the risk of hazardous tasks performed in confined spaces.

The Certified Organic Keto Broth is gluten- and grain-free and made with Bonafide Provisions' best-selling pasture-raised, organic bone broth, MCT oil, and quality fats.

Builder sentiment for new single-family homes increased in October, despite ongoing affordability challenges. The National Association of Home Builders reports optimism for 2025 market conditions, with builders anticipating easing inflation and moderating mortgage rates. The upcoming election remains a key factor in housing policy outlook.

Builders are getting increasingly concerned about affordability hurdles ahead for most buyers.

The post MSc Social Work: gaining confidence as a Social Worker was curated by information for practice.

Recounts are expected in two Minnesota House races. The election results could determine control of that legislative body. The upcoming recounts are expected soon and come after initial ballot totals changed when election officials discovered technical glitches.

Low-molecular-weight (LMW) thiols are involved in many processes in all organisms, playing a protective role against reactive species, heavy metals, toxins and antibiotics. Actinobacteria, such as Mycobacterium tuberculosis, use the LMW thiol mycothiol (MSH) to buffer the intracellular redox environment. The NADPH-dependent FAD-containing oxidoreductase mycothiol disulfide reductase (Mtr) is known to reduce oxidized mycothiol disulfide (MSSM) to MSH, which is crucial to maintain the cellular redox balance. In this work, the first crystal structures of Mtr are presented, expanding the structural knowledge and understanding of LMW thiol reductases. The structural analyses and docking calculations provide insight into the nature of Mtrs, with regard to the binding and reduction of the MSSM substrate, in the context of related oxidoreductases. The putative binding site for MSSM suggests a similar binding to that described for the homologous glutathione reductase and its respective substrate glutathione disulfide, but with distinct structural differences shaped to fit the bulkier MSSM substrate, assigning Mtrs as uniquely functioning reductases. As MSH has been acknowledged as an attractive antitubercular target, the structural findings presented in this work may contribute towards future antituberculosis drug development.

Fragment-based drug design using X-ray crystallography is a powerful technique to enable the development of new lead compounds, or probe molecules, against biological targets. This study addresses the need to determine fragment binding orientations for low-occupancy fragments with incomplete electron density, an essential step before further development of the molecule. Halogen atoms play multiple roles in drug discovery due to their unique combination of electronegativity, steric effects and hydrophobic properties. Fragments incorporating halogen atoms serve as promising starting points in hit-to-lead development as they often establish halogen bonds with target proteins, potentially enhancing binding affinity and selectivity, as well as counteracting drug resistance. Here, the aim was to unambiguously identify the binding orientations of fragment hits for SARS-CoV-2 nonstructural protein 1 (nsp1) which contain a combination of sulfur and/or chlorine, bromine and iodine substituents. The binding orientations of carefully selected nsp1 analogue hits were focused on by employing their anomalous scattering combined with Pan-Dataset Density Analysis (PanDDA). Anomalous difference Fourier maps derived from the diffraction data collected at both standard and long-wavelength X-rays were compared. The discrepancies observed in the maps of iodine-containing fragments collected at different energies were attributed to site-specific radiation-damage stemming from the strong X-ray absorption of I atoms, which is likely to cause cleavage of the C—I bond. A reliable and effective data-collection strategy to unambiguously determine the binding orientations of low-occupancy fragments containing sulfur and/or halogen atoms while mitigating radiation damage is presented.

Several proteins from plant pathogenesis-related family 10 (PR10) are highly abundant in the latex of opium poppy and have recently been shown to play diverse and important roles in the biosynthesis of benzylisoquinoline alkaloids (BIAs). The recent determination of the first crystal structures of PR10-10 showed how large conformational changes in a surface loop and adjacent β-strand are coupled to the binding of BIA compounds to the central hydrophobic binding pocket. A more detailed analysis of these conformational changes is now reported to further clarify how ligand binding is coupled to the formation and cleavage of an intermolecular disulfide bond that is only sterically allowed when the BIA binding pocket is empty. To decouple ligand binding from disulfide-bond formation, each of the two highly conserved cysteine residues (Cys59 and Cys155) in PR10-10 was replaced with serine using site-directed mutagenesis. Crystal structures of the Cys59Ser mutant were determined in the presence of papaverine and in the absence of exogenous BIA compounds. A crystal structure of the Cys155Ser mutant was also determined in the absence of exogenous BIA compounds. All three of these crystal structures reveal conformations similar to that of wild-type PR10-10 with bound BIA compounds. In the absence of exogenous BIA compounds, the Cys59Ser and Cys155Ser mutants appear to bind an unidentified ligand or mixture of ligands that was presumably introduced during expression of the proteins in Escherichia coli. The analysis of conformational changes triggered by the binding of BIA compounds suggests a molecular mechanism coupling ligand binding to the disruption of an intermolecular disulfide bond. This mechanism may be involved in the regulation of biosynthetic reactions in plants and possibly other organisms.

The title compound, [Mo3(C9H18NS2)3(S2)3S]2S, crystallizes on a general position in the monoclinic space group P21/n (No. 14). The cationic [Mo3S7(S2CNiBu2)3]+ fragments are joined by a mono­sulfide dianion that forms close S⋯S contacts to each of the di­sulfide ligands on the side of the Mo3 plane opposite the μ32− ligand. The two Mo3 planes are inclined at an angle of 40.637 (15)°, which gives the assembly an open clamshell-like appearance. One μ6-S2−⋯S22− contact, at 2.4849 (14) Å, is appreciably shorter than the remaining five, which are in the range 2.7252 (13)–2.8077 (14) Å.

The title compound, C8H11PS, which melts below room temperature, was crystallized at low temperature. The P—S bond length is 1.9623 (5) Å and the major contributors to the Hirshfeld surface are H⋯H (58.1%), S⋯H/H⋯S (13.4%) and C⋯H/H⋯C contacts (11.7%).

There is sufficient evidence from tree rings, boreholes, retreating glaciers, and other proxies of past surface temperatures to say with a high level of confidence that the last few decades of the 20th century were warmer than any comparable period in the last 400 years, according to a new report from the National Research Council.

Decision-makers leading COVID-19 vaccine rollouts need to begin communicating with the public immediately if they have not already — emphasizing public support for vaccinations, leveraging celebrity and community champion endorsements, and focusing on those who are skeptical or hesitant of the vaccines rather than firmly opposed — to ensure demand and promote uptake, says a new rapid expert consultation from the National Academies of Sciences, Engineering, and Medicine.

Grey succesfully travelled, Myke is very excited about his new iPad mini, and they both have their eyes on a new professional computer.

Though the baking industry has a very safe record for the production of shelf-stable food products, Salmonella continues to be a pathogen of concern.

Businesses are facing major changes in the way they operate and the way they interact with clients, partners and suppliers. These changes, which are rooted in uncertainty, often challenge our business confidence as leaders at the highest level.

Here are a few insights I'd like to share on how to lead our businesses with confidence, regardless of what's happening in the broader world.

Crown Equipment Corp. announced the availability of the Crown SP 1500 Series order picker.

Introducing 3DPrinterOS' TinkerCAD integration to help students submit all their print jobs directly through the browser.

Jeffrey Burch, Managing Director Bonafide Logistics, is a dedicated team builder with 16 years of experience in fostering successful and cohesive teams

Unlocking the Potential of Hair Regrowth with Nordic Biolabs' Innovative Approach to Men's Hair Care, Revolutionizing the Industry with Solutions That Combat Hair Loss and Boost Confidence.

As a major importer and supplier of natural and engineered stone, Carmel Stone Imports has built a reputation for delivering exceptional quality and customer satisfaction.

The Conference Board Consumer Confidence Index, which measures American opinions of current economic conditions and their outlook for the next six months, rose in August to 103.3, from an upwardly revised 101.9 in July, while the Present Situation Index—based on consumers’ assessment of current business and labor market conditions—improved to 134.4 from 133.1.  The Expectations…

The post Consumer Confidence Up Slightly in August Due to Economy and Inflation appeared first on RISMedia.

In October, the US consumer price index for garments rose by 1.1 per cent month-over-month, reversing prior declines in 2023. Current clothing prices are 7.6 per cent higher than 2019 averages. Import prices for cotton-heavy apparel stabilised at $3.70/SME, still above pre-pandemic levels. Consumer confidence rose to its highest since January 2024, with spending on apparel up 1.7 per cent YoY.

Major Ian Thomas of The Torchbearers is a powerful preacher but a very humble man. A friend of mine once approached him after he preached...

Sophia Antipolis, 21 February 2024

ETSI’s first LTA Signature Augmentation and Validation Plugtests™ has seen international participants exchange over 35 000 digital signature validation reports.

Held from 23 October - 22 December 2023, the remote interoperability event was organized by the ETSI Centre for Testing and Interoperability (CTI), on behalf of ETSI’s Technical Committee for Electronic Signatures and Trust Infrastructures (TC ESI). This Plugtests™ event was facilitated with the support and co-funding of the European Commission (EC) and the European Free Trade Association (EFTA).

Conducted using a dedicated web portal, sessions over the month-long Plugtests™ attracted the involvement of 190 participants from 121 organizations across 38 countries.

Read More...

In this hour, stories about puffing yourself up. This episode is hosted by Catherine Burns. The Moth Radio Hour is produced by The Moth and Jay Allison of Atlantic Public Media.

Hosted by: Catherine Burns

Storytellers:

Aleeza Kazmi

Dante Jackson

David Crabb

Sam Shepard

Sarah Lee Nakintu

Hold on to your wallets, SSNs, and test papers. This episode is all about scams, schemes, and con artists. Student hijinx, famous grifts, monkey business, and the word of God. This episode is hosted by Jay Allison, producer of this radio show.

Storytellers:

Abigail Ladd runs a con in elementary school.

Tonya Camille and her sister use their physical similarities to their advantage.

Pete Goldfinger experiences a famous scandal firsthand.

Gayliene Omary has a run in with a scammer of the heart.

Maria Corrales confronts a con in the animal kingdom.

Chiwoza Bandawe receives the word of God, courtesy of a shady acquaintance. 

Podcast: 879

In the medical device industry, reliability is critical. Manufacturers conduct extensive testing to ensure devices meet required standards, such as 95/95 or 95/99 confidence and reliability, assessed using Minitab Statistical Software.

Just 3% of commercial contractors were pessimistic about the upcoming year in 2024, compared to 22% in 2023.

Before you can fix a leak, you need to find it. That’s where leak detectors come in.

Healthy buildings build confidence. That’s the message Carrier Corp. representatives delivered at this year’s AHR Expo.

The community panel closes out the discussion with a conversation about some of the security concerns that can leave some organizations wary of cloud adoption.

VIENNA, 13 April 2016 – As Poland takes over the rotating Chairmanship of the OSCE Forum for Security Co-operation (FSC), Under-Secretary of State with the Foreign Ministry Marek Ziółkowski said that one of the main tasks of his country will be to strengthen confidence- and security-building measures by revitalizing the Vienna Document 2011. Moving this process forward and including regional perspectives into the security dialogue with the focus on some areas including the Baltic Sea region, Central and Eastern Europe are the priorities of Poland’s Chairmanship of the FSC.

Opening the 815th meeting of the Forum for Security Co-operation Ziółkowski said: “Poland believes that risk reduction is one of the pillars of the Vienna Document-based co-operation. And nowadays the relevance and usefulness of risk reduction mechanisms are growing.”

He noted in particular the proposal made jointly by Poland and other OSCE participating States to improve co-operation regarding hazardous incidents of a military nature.

Poland’s Chairmanship will put an emphasis on regional perspectives in the security dialogue in the OSCE area. Political-military aspects of security in Georgia and Tajikistan as well as Montenegro’s Demilitarization Programme (MONDEM) will also be topics of discussion.

Regarding the crisis in and around Ukraine, the Under-Secretary of State drew attention to the lack of progress in the implementation of the Minsk agreements and further deterioration of the security situation in Donbas. “The OSCE must retain its focus and resolve to facilitate a peaceful and lasting resolution of the conflict in eastern Ukraine. We see room for the FSC to play a more prominent role here. For example, the applicability of the existing set of confidence- and security-building measures could be re-examined and further explored,” Ziółkowski said.

Poland is taking over the Chairmanship of the Forum for Security Co-operation from the Netherlands and preceding Portugal. Ambassador Adam Bugajski of Poland will chair the FSC till the end of the summer recess.

Related Stories

• OSCE confidence- and security-building measures must be adapted to current security challenges, says Polish Foreign Ministry Under-Secretary of State
• Dialogue for enhanced European security in focus at joint session of OSCE Forum for Security Co-operation and Permanent Council
• Greater international efforts needed to address challenges to stable security in Georgia, say participants of OSCE Forum for Security Co-operation

CHISINAU / TIRASPOL, 26 July 2016 – OSCE Chairperson-in-Office, German Foreign Minister Frank-Walter Steinmeier, in Moldova today had talks with high-level Moldovan officials as well as with representatives from the Transdniestrian leadership. Steinmeier also visited the offices of the OSCE Mission in Moldova on both sides of the Dniester/Nistru River, in Chisinau and Tiraspol, and acknowledged their valuable work towards the Transdniestrian conflict settlement process. 

In Chisinau, Steinmeier met with Speaker of Parliament Andrian Candu, Prime Minister Pavel Filip, Deputy Prime Minister and Minister of Foreign Affairs and European Integration Andrei Galbur, and Deputy Prime Minister for Reintegration and Moldovan Political Representative Gheorghe Balan. During these talks Steinmeier was joined by his Special Representative for the Transdniestrian Settlement Process Ambassador Cord Meier-Klodt and the Acting Head of the OSCE Mission in Moldova Stephen Young.

Speaking to the media at a joint press conference with Prime Minister Filip, Steinmeier stressed the importance of the role of the OSCE and the unified approach of all international partners, while calling on the sides to remain fully committed to the settlement of this long-standing conflict. “The success in the settlement process fundamentally depends on the resolve of the sides to achieve progress to the benefit of the people. But it is also a result of the remarkable unity of international partners.” Besides the OSCE, the international partners are the Russian Federation, Ukraine, the European Union and the United States of America.

“With a view to the Transdniestrian conflict we have recently made considerable efforts to inject new momentum to the negotiation process between the sides which had come to a standstill for quite some time,” Steinmeier said. He continued that it was a priority now to ensure a sustainable effect of the 5+2 talks which resumed in Berlin on 2 and 3 June 2016.

“We must now, as a first step, tackle those problems that can be solved pragmatically in order to enhance the trust between the sides that is necessary for more far-reaching measures.” As examples of such confidence-building measures, Steinmeier referred to the re-connection of telecommunication networks, the apostilisation of Transdniestrian university diplomas and progress on the car license plate issue.

At his talks in Tiraspol with representatives of the Transdniestrian leadership, Pavel Prokudin and Vitaly Ignatiev as well as with the speaker of the Supreme Soviet Vadim Krasnoselsky, Steinmeier called on the sides to implement the Berlin Protocol from June 2016 in a swift and comprehensive manner. Steinmeier, during his visit, also re-affirmed the parameters of the settlement process, which is the territorial integrity and sovereignty of Moldova with a special status for Transdniestria. 

Related Stories

• OSCE Chairperson-in-Office Frank-Walter Steinmeier to visit Moldova on Tuesday
• Urgent steps needed towards full respect for ceasefire in eastern Ukraine, says OSCE Chairmanship Special Representative and Chief Monitor
• Bavaria conference reinforces German OSCE Chairmanship’s emphasis on an outcomes-based Transdniestrian settlement process

UF athletic director Scott Stricklin publicly backed his embattled coach — once again— before his vastly undermanned team entered a difficult closing stretch that could further amplify calls to replace the Gators' third-year coach. Even so, Napier's Gators were overwhelmed by the Longhorns.

Economic conditions continue to provide roofing contractors with opportunities in coatings.

“We're going to be in great shape for the election. I'm pretty confident about everything that were doing,” DeJoy said.

The post Postmaster general is confident about ability to process mail-in ballots first appeared on Federal News Network.