Malaysia Money Matters Daily News Digest 30th Oct 2025

Today’s episode dives into a fast-changing landscape: Malaysia’s booming digital infrastructure, regulatory showdowns, strategic energy moves, and the global tech surge led by Nvidia’s US$5 trillion moment.We break down what’s unfolding locally — and why it matters globally.Corporate & Capital Markets🚧 IJM’s RM873.9M Win at Elmina* New contract for M&E and Fit-Out works at Elmina Business Park.* Follows last week’s RM1.26B data centre contract.🇬🇧 PNB & EPF Reaffirm Battersea Commitment* No plans to sell London’s Battersea Power Station.* Acquired in 2019 for RM8.86B, it’s a long-term strategic asset.⚖️ KNM Seeks to Delay Asset Sale Vote* Requesting to move vote on DKNM sale until after its Nov 5 delisting.* Bursa Malaysia continues legal action to safeguard listing integrity.🌍 Lynas Invests RM500M in Rare Earth Expansion* Heavy rare earth separation facility to start Samarium production by Apr 2026.🧠 Zetrix Reviews Worldcoin Tie-Up* Scrutinising partnership amid regional regulatory crackdowns.✈️ Capital A Clears Final Hurdle for Consolidation* Set to consolidate AirAsia under AirAsia X, part of PN17 exit plan.🏢 KIP REIT Q1 Net Property Income +51%* Gains driven by new acquisitions.* Yield at 8.1% — strong performance in current market.🏗️ Meridian Gets PN17 Plan Extension* Third extension granted, now has until March 2026 to submit regularisation plan.Policy, Reform & Governance⚖️ Proposed AG–Public Prosecutor Split* Gov’t considers separating roles to reduce conflict of interest.* Public Prosecutor could be appointed by the King, advised by Judicial & Legal Service Commission.🤝 Minister Zafrul on US–MY Trade Pact* “Six months of night-owl negotiations”* Describes pact as fast-tracked economic safeguard amid global uncertainty.🔌 ASEAN Power Grid Works in Real Time* During Oct 15 outage: Singapore sent 500MW, Thailand sent 300MW.🕵️ MACC Open to Investigating KLIA Aerotrain Issues* Will look into potential corruption behind repeated disruptions.📚 1MDB Update* Prosecution calls Najib’s defence evasive and fabricated as legal battle continues.Global & Tech Front💻 Nvidia Hits US$5 Trillion Market Cap* First company ever to do so — driven by global AI chip demand.🚀 Elon Musk’s $1 Trillion Pay Package Faces Pushback* Unions and investors raise concerns about governance and executive power.📉 Telenor Writes Down US$50M on Malaysia 5G Costs* Related to increased infrastructure costs at CelcomDigi.🎧 Listen Now for a deep dive into Malaysia’s financial gems and global trends shaping 2025!🔗 Subscribe & Share the Malaysia Money Matters podcast on Substack, Spotify, or Apple PodcastsMalaysia Money Matters is a one-person passion project. Subscribe for free or support me as a paid subscriber—it means the world to me! This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit mmoneymatters.substack.com