The ASEAN Exchanges trading link, which connects Malaysia's local bourse with Singapore Exchange (SGX), will benefit retail investors and brokers, said Bursa Malaysia Chief Executive Officer Tajuddin Atan.

Malaysian palm oil giant Sime Darby said Wednesday its net profit sank 16.2 percent in the fourth quarter due to a decline in its plantation business earnings.

Malaysia's economy grew a faster than expected 5.4 percent in the second quarter as robust domestic demand helped offset the impact of the global economic woes, the government said Wednesday.

Malaysia's June export growth slowed to 5.4 percent but rising demand from regional heavyweights China and Japan helped offset shrinking shipments to struggling Europe, the government said Wednesday.

Malaysia expects more stock market debuts this year as it bids to remain Asia's top IPO market for 2012 after hosting two of the world's biggest listings in the past month alone.

Compact carmaker Perodua says it is on track to sell 188,000 vehicles in Malaysia this year to retain its leadership of the domestic auto market for the seventh-straight year.

Malaysian exports rebounded in May with 6.7 percent growth year-on-year as strong orders from Asia offset a decline in shipments to ailing Europe, official data showed Wednesday.

Malaysia's IHH Healthcare said Tuesday it plans to raise more than US$2 billion from an IPO in Kuala Lumpur and Singapore this month, in the world's third-biggest stock market flotation this year.

Shares of Malaysian palm oil giant Felda soared as much as 20 percent in their first day of trading Thursday, overcoming weakness in global stock markets after the company completed the world's biggest IPO this year after Facebook.

Malaysia's first green shopping complex was opened Saturday to much fanfare and looks set to be a hit with big name retailers.