<div class=newsTextDataWrapInner>KUALA LUMPUR (Nov 17): Chin Hin Group Bhd’s founder Datuk Seri Chiau Beng Teik has emerged as a substantial shareholder in frozen food manufacturer Saudee Group Bhd after acquiring 8.1 million shares or a 5.02% stake in the company in the open market yesterday.</div>

<div class=newsTextDataWrapInner>The transacted price, however, was not disclosed in the filing. Saudee's shares closed 2.5 sen or 5.26% higher at 50 sen yesterday. Year to date, the counter has gained 61% from when it was trading at 31 sen on Jan 3.</div>

<div class=newsTextDataWrapInner>According to Saudee's website, the company specializes in manufacturing frozen processed food products such as burger patties, nuggets, sausages, meatballs and many others, which retail under the brand name Saudi Gold and Farm’s Gold.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Chiau is the deputy group executive chairman of Chin Hin and non-executive chairman of Chin Hin Group Property Bhd (CHGP). Chin Hin provides building material and services to the construction and building industries, while CHGP is its property arm.</div>

<div class=newsTextDataWrapInner>Besides major equity stakes in Chin Hin and CHGP, Chiau, 59, also holds stakes in Solarvest Holdings Bhd and Green Ocean Corp Bhd.</div>

Chin Hin Group Bhd’s founder Datuk Seri Chiau Beng Teik has emerged as a substantial shareholder in frozen food manufacturer Saudee Group Bhd after acquiring 8.1 million shares or a 5.02% stake in the company in the open market yesterday.

The transacted price, however, was not disclosed in the filing. Saudee's shares closed 2.5 sen or 5.26% higher at 50 sen yesterday. Year to date, the counter has gained 61% from when it was trading at 31 sen on Jan 3

Chin Hin founder Chiau Beng Teik now a substantial shareholder in Saudee Group

His Majesty Sultan Ibrahim, King of Malaysia, on Saturday visited the COMAC Beijing Aircraft Technology Research Institute to observe the latest developments in aviation technology in China.

King visits COMAC Beijing Aircraft Technology Research Institute

The Women, Family and Community Development Ministry (KPWKM) is seeking an allocation of about RM3 billion under Budget 2025, said its minister Datuk Seri Nancy Shukri.

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The Ministry of Health (MOH) has stepped up health screenings at all border entry points to prevent the spread of monkey pox (mpox).

Deputy Health Minister Datuk Lukanisman Awang Sauni said the effort was intensified following a case involving a man who was confirmed to have contracted mpox.

MOH steps up mpox screening at all entry points

Overseas funds are piling money into Indian stocks, marking a strong return to the US$5 trillion (RM21.02 trillion) market after election-related uncertainty earlier this year triggered a brief hiatus.

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On a film set that resembles the medieval castle of a Chinese lord, Zhu Jian is busy disrupting the world's second-largest movie industry.

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Bank Negara Malaysia (BNM) has given the nod for the Sarawak government's acquisition of a majority stake in Affin Bank Bhd (KL:AFFIN), according to several media reports, quoting Premier Tan Sri Abang Johari Tun Openg.

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The Sultan of Selangor Sultan Sharafuddin Idris Shah expressed his sadness at the news related to police's investigation into criminal activities by GISB Holdings Sdn Bhd (GISBH) and its network.

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Inspector-General of Police Tan Sri Razarudin Husain announced that the raids on GISB Holdings Sdn Bhd (GISBH) since last Wednesday have led to 200 arrests so far.

He said 31 suspects are GISBH members and have been remanded for seven days to assist with investigations under Section 12 of the Anti-Trafficking in Persons and Anti-Smuggling of Migrants (ATIPSOM) Act 2007.

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A Johnson & Johnson (J&J) subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately US$10 billion (RM42.03 billion) proposed settlement that would end tens of thousands of lawsuits alleging that the company's baby powder and other talc products caused cancer.

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The amendments to the Water Services Industry Act 2006 (Act 655) which has been approved by the Cabinet is expected to be tabled in Parliament this November.

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Bank Negara Malaysia (BNM) has given the nod for the Sarawak government's acquisition of a majority stake in Affin Bank Bhd (KL:AFFIN), according to several media reports, quoting Premier Tan Sri Abang Johari Tun Openg.

A Johnson &amp; Johnson (J&amp;J) subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately US$10 billion (RM42.03 billion) proposed settlement that would end tens of thousands of lawsuits alleging that the company's baby powder and other talc products caused cancer.

Intel Corp shares climbed after the Wall Street Journal reported that Qualcomm Inc approached the company about a takeover, a potential record-setting deal for the chip industry.

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JPMorgan Chase &amp; Co chief executive officer Jamie Dimon said he remains sceptical about a soft landing in the US following the Federal Reserve’s first rate cut in more than four years — and said he wouldn’t “count my eggs” on that outcome.

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This week kicks off with the release of Malaysia‘s inflation figures for August on Monday. Economists expect the country’s inflation, as measured by the Consumer Price Index (CPI), to remain subdued, thanks to government incentive support.

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(Sept 21): Around Boeing Co’s vast aircraft manufacturing hub in Seattle, the great belt tightening has begun as the planemaker and its factory workers settle in for a labour dispute that will test the resolve of both sides.

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The Sultan of Selangor Sultan Sharafuddin Idris Shah expressed his sadness at the news related to police's investigation into criminal activities by GISB Holdings Sdn Bhd (GISBH) and its network.

Inspector-General of Police Tan Sri Razarudin Husain announced that the raids on GISB Holdings Sdn Bhd (GISBH) since last Wednesday have led to 200 arrests so far.

He said 31 suspects are GISBH members and have been remanded for seven days to assist with investigations under Section 12 of the Anti-Trafficking in Persons and Anti-Smuggling of Migrants (ATIPSOM) Act 2007.

His Majesty Sultan Ibrahim, King of Malaysia, on Saturday visited the COMAC Beijing Aircraft Technology Research Institute to observe the latest developments in aviation technology in China.

Tera VA Sdn Bhd, a wholly owned subsidiary of BM Greentech Bhd (KL:BMGREEN), has urged the government to extend the Net Energy Metering (NEM) and Solar for Rakyat Incentive Scheme (SolaRIS) programmes by an additional two years in the upcoming Budget 2025.

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In any high-stakes military conflict with China, the US Navy will be critical to winning. But America’s shipbuilding industry is far from able to support what the Navy needs.

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The amendments to the Water Services Industry Act 2006 (Act 655) which has been approved by the Cabinet is expected to be tabled in Parliament this November.

The state government, through the Johor Religious Council (MAINJ), is investigating the activities and movements of GISB Holdings Sdn Bhd (GISBH).

Johor Islamic Affairs Committee chairman Mohd Fared Mohd Khalid said the state government takes the various allegations against GISBH very seriously.

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Millions of Sri Lankans were casting their votes on Saturday to select a president who will face the task of bolstering the South Asian country's fragile economic recovery following its worst financial crisis in decades.

Heavily indebted Sri Lanka votes in election to decide economic future

The US Securities and Exchange Commission (SEC) has approved Nasdaq Inc’s application to list options on the iShares Bitcoin Trust ETF, marking the clearing of an important hurdle before derivatives tied to the product can begin trading. &nbsp;

SEC approves Nasdaq to list options on iShares Bitcoin Trust ETF

On a film set that resembles the medieval castle of a Chinese lord, Zhu Jian is busy disrupting the world's second-largest movie industry.

Overseas funds are piling money into Indian stocks, marking a strong return to the US$5 trillion (RM21.02 trillion) market after election-related uncertainty earlier this year triggered a brief hiatus.

The Ministry of Health (MOH) has stepped up health screenings at all border entry points to prevent the spread of monkey pox (mpox).

Deputy Health Minister Datuk Lukanisman Awang Sauni said the effort was intensified following a case involving a man who was confirmed to have contracted mpox.

The Women, Family and Community Development Ministry (KPWKM) is seeking an allocation of about RM3 billion under Budget 2025, said its minister Datuk Seri Nancy Shukri.