Lydia Ko came up short at the LPGA Tour golf tournament in Kuala Lumpur, the Aucklander having to settle for a share of second place.
She finished four shots behind the 22-year-old American Jessica Korda, who broke through for her first win this year.
Ko, the world No.2, closed the points gap significantly on the world No.1 Inbee Park, who tied for 15th.
Heading into the final day, only three shots separated Ko and Korda in Malaysia after the American fired an impressive six-under-par 65 to take a two-shot lead.
The 22-year-old daughter of former Australian Open tennis champion Petr Korda carded a bogey-free round to sit two clear of compatriot and world number three Stacy Lewis.
The American made just one cut in six events prior to Malaysia and recorded only one top 10 this year.