<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 25): Kossan Rubber Industries Bhd's shareholders have approved the glove maker's one-for-one bonus issue.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Kossan said 99.99% of the shareholders present at the company's extraordinary general meeting today voted in favour of the bonus issue.</p></div>

<div class=newsTextDataWrapInner><p>In a separate filing, the group announced that the ex-date for the bonus issue is Oct 9 while the entitlement date is Oct 12.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The bonus issue was announced by the group on Aug 25, in conjunction with the release of its second-quarter results. It entails the issuance of 1.28 billion shares, which will enlarge the group's issued share capital to 2.56 billion shares.</p></div>

<div class=newsTextDataWrapInner><p>Kossan was the second-largest gainer on Bursa today, closing 80 sen or 6.15% higher at RM13.80 on a volume of 6.77 million shares. At the current price, the group is valued at RM17.7 billion.</p></div>


Kossan Rubber Industries Bhd's shareholders have approved the glove maker's one-for-one bonus issue.

Kossan shareholders approve one-for-one bonus issue

Malaysia must accelerate the modernisation of its agricultural sector and improve production efficiency to strengthen food security amid growing challenges, said Agriculture and Food Security Minister Datuk Seri Mohamad Sabu.

Agricultural modernisation key to strengthening food security — Mohamad Sabu

Anthropic PBC’s initial public offering (IPO) plans ran into a punishing post-election selloff, prompting a rethink among prospective investors of the company’s expected valuation.

Anthropic IPO buyers see valuation as low as US$1.1 tril

A seafarer on a Greek-owned oil tanker was killed in an apparent missile attack in the Gulf, its owner said on Friday.

Company says sailor killed in Gulf tanker attack

Monster Beverage Corp shares fell as much as 8.2% on Friday, the biggest decline in over two years, after the energy drink giant’s weaker-than-expected margins underscored the impact of soaring costs in the beverage industry.

Monster shares fall as weaker margins highlight cost burden

Pakatan Harapan's (PH) track record as a key component of the federal government should serve as a yardstick for Melaka voters to assess the coalition's capabilities ahead of the 16th Melaka state election on Nov 14, said Pasir Gudang Member of Parliament Hassan Abdul Karim.

Melaka voters urged to judge PH by federal govt's performance — Hassan Karim

Collaboration between plantation companies and oil palm smallholders to increase both parties’ yields and income will be raised at the Cabinet meeting next week, said Prime Minister Datuk Seri Anwar Ibrahim.

Plantation companies-oil palm smallholders collaboration to be raised in Cabinet next week — Anwar

US consumer sentiment rose in November to a three-month high, bolstered by modest improvements in Americans' views of their personal finances and the economic outlook.

US consumer sentiment unexpectedly rises, fuelled by independents

The tech-heavy Nasdaq rose on Friday as chip stocks bounced off heavy losses posted in the previous session on fears that a Democratic-led Congress could result in tougher artificial intelligence (AI) regulation, even as the jobs report raised interest-rate hike concerns.

Nasdaq pares losses as chips recover, rate-hike fears linger

Treasuries dipped after an unexpected surge in US job growth led traders to add to wagers that the Federal Reserve (Fed) will raise interest rates when officials next meet in December.

US Treasuries stumble as strong jobs data backs Fed-hike bets

TikTok moved one step closer to a new European Union fine after regulators found its video-recommendation algorithm pushes users down “rabbit holes” of potentially harmful content, escalating an almost three-year probe into the video-sharing app.

EU escalates TikTok probe over algorithmic ‘rabbit holes’

<p>The implementation of the conditional pardon granted to Datuk Seri Najib Razak, allowing the former prime minister to serve the remainder of his prison sentence under house arrest, must be respected in keeping with the principles of constitutional monarchy and the rule of law.</p>


King: Najib’s conditional pardon order must be respected

<p>The country's online banking system and financial transactions remain secure despite attempted cyberattacks by non-state actors, including a recent hacking incident involving Bank Rakyat's website, Communications Minister and government spokesperson Datuk Seri Fahmi Fadzil said.</p>


Online banking secure in Malaysia despite Bank Rakyat hacking incident — Fahmi

<p>The Attorney General's Chambers (AGC) has denied challenging the validity of the conditional royal pardon granted to former prime minister Datuk Seri Najib Razak, stressing that it is merely seeking legal clarity on the implementation of the pardon alongside existing court orders.</p>


AGC denies defying King in clarifying Najib's conditional pardon

<p>The Royal Malaysian Police (PDRM) on Saturday announced the transfer of 19 senior officers to several strategic positions at the state, departmental, and force levels.</p>


PDRM shuffles 19 senior officers in major leadership changes

<p>Datuk Seri Anwar Ibrahim has instructed Attorney General Tan Sri Mohd Dusuki Mokhtar to seek an audience with the King, Sultan Ibrahim Sultan Iskandar,&nbsp;immediately to clarify issues surrounding the implementation of the conditional pardon order involving former prime minister Datuk Seri Najib Razak.</p>


Anwar directs AG to seek King’s audience over Najib’s conditional pardon order

<p>Schroders plc is planning to sell off some of its real estate assets in Singapore, having appointed a pair of brokers to raise around S$220 million (US$172 million or RM697 million) from the sale of a mall, according to people familiar with the matter.</p>


Schroders said to seek mall sale in bid to offload Singapore properties

<p>Bank Rakyat assures customers that its banking systems and operations continue to function as usual, with personal data, banking information, and deposits remaining safe and unaffected despite temporary access disruptions.</p>


Access disruptions: Bank Rakyat assures customer information and savings safe

<p>The Investment, Trade and Industry Ministry (Miti) has imposed provisional anti-dumping duties ranging from 4.41% to 35.06% on imports of flat-rolled products&nbsp;from China, Taiwan and Vietnam, effective Saturday.</p>


Miti imposes anti-dumping duties on flat-rolled imports from China, Taiwan, Vietnam

<p dir="ltr">Attorney General Tan Sri Mohd Dusuki Mokhtar has sought an audience with the King, Sultan Ibrahim Sultan Iskandar, to seek forgiveness and affirm his commitment to complying with the royal decree on the conditional pardon order involving former prime minister Datuk Seri Najib Razak in the SRC International Sdn Bhd case.</p>


Najib's conditional pardon: AG seeks audience with King

<p>The Gig Workers Tribunal (TPG) has ruled on three disputes involving e-hailing drivers and GrabCar Sdn Bhd, including awarding RM2,000 in compensation to one driver while upholding the deactivation of another driver's account over misconduct involving passengers.</p>


HR Ministry: Gig Workers Tribunal has ruled on three disputes involving GrabCar

<p>US Secretary of State Marco Rubio is weighing whether to leave the Trump administration, people familiar with the matter said, as he considers his next moves following Republicans’ midterm elections wipeout this week.</p>


Rubio said to weigh leaving administration after Republicans' midterm loss

<p>The flood situation in Selangor and Perak continued to worsen, with the number of evacuees at temporary relief centres (PPS) rising to 4,068 on Saturday afternoon from 1,404 in the morning.</p>


Over 4,000 evacuees at relief centres in Selangor and Perak as flood situation worsens

<p>The East Coast Rail Link (ECRL) has commenced its trial operations, marking the final phase of operational readiness for commercial passenger services, which are targeted to begin on Dec 12, 2026.</p>


ECRL begins trial operations, passenger services targeted to begin on Dec 12

<p>Much of the world has been bemused by US President Donald Trump’s expectation of the Nobel Peace Prize. While aggressive towards most of the world, friend and foe alike, he has treated hostile nuclear powers more respectfully.</p>

<h3>War is peace!</h3>

<p>One needs more than George Orwell ...

My Say: Why Trump expects the Nobel Peace Prize

<p>OpenAI has closed on new funding of roughly US$11 billion (RM44.7 billion), the initial part of a round that values the company at US$1.25 trillion, according to people familiar with the matter.</p>


OpenAI completes US$11 bil portion of funding at US$1.25 tril value

<p>US President Donald Trump named long-time aide Stephen Miller as his chief of staff on Friday, giving the architect of some of his toughest domestic policies one of the most powerful jobs in Washington after Republicans lost control of Congress.</p>


Trump makes hard-liner Stephen Miller his chief of staff after midterm defeat

<p>A stronger-than-expected US jobs report bolstered the case for further Federal Reserve (Fed) interest rate hikes, which had lost some momentum amid a post-election stock market sell-off and growing fears that weaker artificial intelligence (AI)-driven demand could undercut the economy.</p>


Fed policymakers consider rate hike after strong jobs report

<p>There’s something rotten in the state of Denmark. For Manchester United fans, the scale and all-encompassing nature of the club’s decline is becoming Shakespearean. For the rest of football, it may be a welcome diversion from the very different demise of neighbours, Manchester City, but for ABUs ...

Business Of Sports: Even Fergie cannot escape blame for United’s doom loop

<p>New Zealand's ruling centre-right National Party and main opposition Labour were running neck and neck as counting began in the nationwide general election, but early projections showed the incumbent coalition would win enough seats to retain power.</p>


New Zealand polls: Early count shows tight race but ruling centre-right National Party ahead in projections

<p>The Negeri Sembilan Umno liaison committee meeting on Saturday did not discuss a no-confidence motion against Menteri Besar Datuk Ismail Lasim, said Datuk Seri Jalaluddin Alias.</p>
