We respectfully appreciate and thank DYMM Tuanku Sultan Sharafuddin Idris Shah for your observations on the completion of the LRT3 project, now named the LRT Shah Alam Line. We wish to respectfully and humbly clarify several matters which can be verified with Prasarana and MRCB Bhd.

LRT3: Letter to editor

First of all, I would like to express my sincere appreciation to all delegates who have attended the DAP National Congress today (Sunday, March 20) and cast their votes for me.  I am extremely grateful for the support.

Statement by Tony Pua on DAP National Congress 2022

Media Statement by Tony Pua, DAP National Publicity Secretary and Member of Parliament for Damansara in Kuala Lumpur on Sunday, Dec 12, 2021:

Clarification with regards to negative aspersions cast by former Pakatan Harapan Prime Minister, Tun Dr Mahathir Mohamad ag...

Statement by Tony Pua on Tun Mahathir's upcoming book (Part III)

Perhaps under the old Barisan Nasional crony-friendly regime, such a campaign would have immediately caused capitulation and ultimately a U-turn on the decision.

Statement by Tony Pua on Tun Mahathir's upcoming book (Part II)

Media Statement by Tony Pua, DAP National Publicity Secretary and Member of Parliament for Damansara in Kuala Lumpur on Tuesday, 7 December 2021:

Clarification with regards to negative aspersions cast by former Pakatan Harapan Prime Minister, Tun Dr Mahathir Mohammad against me in his ...

Statement by Tony Pua on Tun Mahathir's upcoming book

Media Statement by Tony Pua, DAP National Publicity Secretary and Member of Parliament for Damansara in Kuala Lumpur on Wednesday, 22 September 2021.

It is time for MyTravelPass to be phased out entirely

We missed the boat with Muhyiddin. And as a consequence, allowed UMNO to take over PM-ship.

Second bite of the cherry, less sweet but still good — Tony Pua

Media Statement by Tony Pua, DAP National Publicity Secretary and Member of Parliament for Damansara in Kuala Lumpur on Wednesday, 21 July 2021:

Based on rising positivity rate of around 10% today, we are severely under-testing for COVID-19 to detect cases and outbreaks in the community.

Tony Pua: We are severely under-testing for Covid-19 to detect cases and outbreaks in community

Media Statement by Tony Pua, DAP's national publicity secretary and the Member of Parliament for Damansara in Kuala Lumpur on Monday, May 10, 2021:

Unless the Government intends to paralyse or permanent shut down retail malls and supermarkets, it must suspend the use of the deeply flawed Hotspot Identification system (HIDE) with immediate effect.

Tony Pua: HIDE poorly designed and assumptions behind data misguided

Ministry of Finance responds to critics of proposed takeover of tolled highways

Five fallacies about the highway takeover offer

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’

Datuk Lee Yeow Seng has stepped down from the board of IOI Corp Bhd (KL:IOICORP) to focus on the conglomerate’s property arm, IOI Properties Group Bhd (KL:IOIPG), which is in the midst of listing IOIPG Malaysia Real Estate Investment Trust on Bursa Malaysia.

Lee Yeow Seng steps down from IOI Corp board to focus on leading IOI Properties

Datuk Seri Najib Razak should remain in prison until the conditional pardon order on his house arrest is clarified, the Attorney General's Chambers said on Friday.

Attorney General: Najib should remain in jail until house arrest order clarified

A consortium comprising MISC Bhd (KL:MISC), Yinson Holdings Bhd's (KL:YINSON) founding Lim family and the Employees Provident Fund (EPF) has submitted a formal proposal to privatise Yinson at RM2.50 per share, valuing the energy infrastructure group at RM7.31 billion. 
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MISC, Lim family, EPF make RM4 bil offer to take Yinson private at RM2.50 a share

Former prime minister Datuk Seri Najib Razak's house arrest has yet to start despite paying the RM50 million fine required by the Federal Territories Pardons Board, Transport Minister Anthony Loke Siew Fook said on Friday.

Loke says Najib at hospital for checks, to quit as soon as ex-PM's house arrest starts

Bursa Securities has directed Zetrix AI Bhd (KL:ZETRIX) to pay its delayed final dividend for the &nbsp;year ended Dec 31, 2025 (FY2025) by Nov 23. The bourse regulator also asked the company to disclose material information on its financial condition and several other developments which it views with serious concern. 
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Bursa directs Zetrix to pay FY2025 final dividend by Nov 23, disclose info on financial condition

The Attorney General's Chambers has no basis to delay Datuk Seri Najib Razak's house arrest as the former prime minister has met all the condition set by the king, said lead defense counsel Tan Sri Muhammad Shafee Abdullah.

Shafee: AGC has no legal basis to delay Najib's house arrest

Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.

Unisem, Frontken, Public Bank, Maxis, Zetrix AI, TRC Synergy, IOI Corp, IOI Property, MISC,  Yinson, Microlink, APB Resources & Nestcon

MARC Ratings has downgraded Zetrix AI Bhd's (KL:ZETRIX) RM2 billion sukuk programme to a default rating of D-IS after the tech company failed to settle a RM25 million obligation due on Friday.

MARC Ratings downgrades Zetrix AI sukuk to default over unpaid RM25m

Datuk Zaiton Mohd Hassan, an experienced Malaysian finance professional, has been elected as the new president of the Association of Chartered Certified Accountants (ACCA).

Malaysia's Zaiton Mohd Hassan elected as new ACCA president

Bursa Malaysia’s 20 largest technology stocks shed over RM4.46 billion in market value on Friday as a global sell-off in artificial intelligence (AI)-related counters spread to the country’s chipmakers and equipment suppliers.

Global AI sell-off wipes RM4.46 bil off Bursa’s 20 largest tech stocks

TRC Synergy Bhd (KL:TRC) on Friday confirmed that it holds a 30% stake in the joint venture (JV) that was awarded a RM2.69 billion contract to build the Penang LRT Mutiara Line's cross-sea extension linking Penang Island to the mainland.

TRC Synergy confirms 30% stake in JV awarded RM2.69b Penang LRT contract

A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI slips 1.18% to 1,616.58 on Nov 6, 2026

Nvidia Corp is stepping up monitoring of artificial intelligence (AI) accelerators sold in Southeast Asia, a strategic step to curtail semiconductor smuggling after criticism it hasn’t done enough to stop shipments from illegally reaching Chinese companies.

Nvidia boosts chip tracking in Southeast Asia to fight smuggling — Bloomberg

YNH Property Bhd’s (KL:YNHPROP) sukuk reserve account shortfall has triggered a technical default, prompting MARC Ratings to downgrade its RM700 million Sukuk Wakalah programme to B-IS, from BB-IS. 
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YNH Property's sukuk reserve shortfall triggers technical default, MARC Ratings downgrades

Software company Microlink Solutions Bhd (KL:MICROLN) has secured a 12-month extension worth RM59.58 million for its contract to provide the advance passenger screening system (APS) for the Immigration Department.

Microlink secures nearly RM60 mil extension for Immigration Dept's passenger screening system contract

Hedge fund managers, brokers and wealthy investors in Asia had a hectic Friday as the sharp selloff in equities reignited fears that the unwinding of artificial intelligence (AI) bets is far from over.

Asia hedge funds, rich investors face big losses in AI rout

Taiwan rolled out fresh curbs on short selling to rein in market volatility after a deepening selloff in artificial intelligence-related shares drove the island’s benchmark equity gauge into bear-market territory.

Taiwan imposes short-selling limit after stock market rout

Electrical engineering firm SKA Capital Bhd on Friday reported a net profit of RM14.37 million on revenue of RM127.94 million for the third quarter, ahead of its listing on the ACE Market on Nov 11.

ACE Market-bound SKA Capital posts RM14.4 mil quarterly net profit

North Korea rewards its top hackers, tasked with heists like the Binance crypto hack that netted a cool US$6.3 billion (RM25.49 billion), with perks such as a spacious apartment in the capital of Pyongyang and huge hard currency awards.

North Korea's army of world-class hackers is secret weapon that took down Binance

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.

Tony Pua

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