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New Straits Times
9 hours ago
- Entertainment
- New Straits Times
#SHOWBIZ: 'Ejen Ali The Movie 2' dominates box office with RM50.7mil collection
KUALA LUMPUR: 'Ejen Ali The Movie 2' has solidified its position as Malaysia's top local animated film, now boasting an impressive RM50.7 million at the box office after just 18 days in cinemas. This outstanding achievement follows its record-breaking success last week when it surpassed the RM40 million mark. The film's performance demonstrates the growing recognition and affection for local animation among audiences, paving the way for Malaysian animation to expand and reach new heights. Since its premiere on 22 May, the movie has garnered an overwhelming response from a broad spectrum of viewers, including families, teenagers, and dedicated fans of the franchise. Audiences have consistently lauded its world-class technical production quality, moving storyline, and exhilarating cinematic experience, prompting many to watch it multiple times. According to film director Usamah Zaid Yasin, this remarkable success is a testament to the extraordinary support from fans and their faith in local productions. "Alhamdulillah, I'm grateful that this movie has received such an incredible response from audiences. I'm also deeply thankful to everyone at Primeworks Studios and WAU Animation who have worked tirelessly to promote this film," he said. Beyond its success in Malaysia and Brunei, 'Ejen Ali The Movie 2' also launched in the Singaporean market on June 5 and is set to premiere in Indonesia on June 27. These new market entries represent a significant stride in bringing Malaysian animation to a regional audience. They are also expected to generate new business opportunities in licensing and merchandising, through the sale of branded 'Ejen Ali' products such as clothing, school supplies, and toys. The film is currently still showing in cinemas nationwide.
Free Malaysia Today
05-05-2025
- Business
- Free Malaysia Today
Foreign investors extend Bursa buying streak with RM854mil inflows
The three sectors that have recorded the highest net foreign inflows are financial services, healthcare, and industrial products and services. (AP pic) KUALA LUMPUR : Foreign investors continued their streak of net inflows on Bursa Malaysia, extending their buying trend to two consecutive weeks. They recorded a net inflow of RM853.8 million, marking the first back-to-back weeks of net foreign inflows since Sept 24. According to MIDF Amanah Investment Bank Bhd's fund flow report for the week ended May 2, foreign investors were net buyers on every trading day, ranging between RM50.7 million and RM340.8 million. It said Friday saw the highest net foreign inflow, followed by Thursday, which recorded net inflows of RM340.8 million and RM325.2 million, respectively. 'The three sectors that recorded the highest net foreign inflows were financial services (RM567.4 million), healthcare (RM124.8 million) and industrial products and services (RM107.9 million). 'The only two sectors that recorded net foreign outflows were energy (RM31.9 million) and plantation (RM6 million),' it said. Meanwhile, MIDF stated that the local institutions extended their net selling streak to two consecutive weeks, with outflows amounting to RM692.6 million, marking the second consecutive week of net selling by local institutions since Aug 24. It said the local retail investors extended their net selling trend to three weeks, with an outflow of RM161.2 million, almost 2.5 times more than the previous week's outflow. 'The average daily trading volume saw a broad-based increase last week, with local institutions and local retailers recording an increase of 8.7% and 5.7%, respectively, while foreign investors saw an increase of 26%,' it said. Meanwhile, in Asia, MIDF reported that the foreign investors extended their streak of net buying activity to two weeks, recording a substantial net inflow of US$3.32 billion (RM13.95 billion), led by strong buying sentiment in India and Taiwan once again.
New Straits Times
05-05-2025
- Business
- New Straits Times
Bursa sees RM853.8mil foreign inflows, first streak since Sept 2024
KUALA LUMPUR: Foreign investors continued their buying streak on Bursa Malaysia for a second consecutive week, recording RM853.8 million in net inflows — the first two-week gain since September 2024, according to MIDF Research, foreign investors were net buyers on every trading day, ranging between RM50.7 million and RM340.8 million. "Friday saw the highest net foreign inflow, followed by Thursday, which saw net inflows of RM340.8 million and RM325.2 million, respectively," the firm said in its Fund Flow report for the week ended May 2. According to the report, the financial services sector saw the highest net foreign inflow at RM567.4 million, followed by healthcare at RM124.8 million and industrial products and services at RM107.9 million. In contrast, only two sectors saw net foreign outflows, with energy at RM31.9 million and plantations at RM6.0 million. "Local institutions also extended their streak of net selling to two consecutive weeks, with outflows amounting to –RM692.6 million. "This was the second consecutive week of net selling by local institutions since August 2024," MIDF Research said. The firm added that local retail investors extended their trend of net selling to three weeks, with an outflow of –RM161.2 million, almost 2.5 times more than the previous week's outflow. It said the average daily trading volume (ADTV) rose across the board last week, with local institutions and retailers posting increases of 8.7 per cent and 5.7 per cent respectively, while foreign investor activity surged by 26.0 per cent.
