<div class=newsTextDataWrapInner><p>SINGAPORE (April 7): CES Horizon Sdn Bhd, the wholly-owned subsidiary of Chip Eng Seng, has entered into a collaboration with Horizon Hills Development and Nusajaya Greens.</p></div>

<div class=newsTextDataWrapInner><p>CES Horizon is wholly-owned by Sing-Ed Global Schoolhouse, Chip Eng Seng’s holding company for its education business segment. Through the agreement, Horizon Hills will develop a built-to-suit campus within its development known as “Horizon Hills” in Iskandar Puteri, Johor Bahru, Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>On delivery of the premises, CES Horizon will<a href="https://www.theedgesingapore.com/news/deals-joint-ventures-alliances/chip-eng-seng-collaborate-k-12-international-school-campus-johor" target="_blank"><em>...(click on link for full story on theedgesingapore.com)</em></a></p></div><div class=inPageAd id=div-gpt-ad-inpage></div>


SINGAPORE (April 7): CES Horizon Sdn Bhd, the wholly-owned subsidiary of Chip Eng Seng, has entered into a collaboration with Horizon Hills Development and Nusajaya Greens.

CES Horizon is wholly-owned by Sing-Ed Global Schoolhouse, Chip Eng Seng’s holding company for its education business segment. Through the agreement, Horizon Hills will develop a built-to-suit campus within its development known as “Horizon Hills” in Iskandar Puteri, Johor Bahru, Malaysia.

Chip Eng Seng to collaborate on K-12 international school campus in Johor

Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the US Federal Reserve cautioned it would ease the pace of rate cuts in the coming year and investors braced for a Bank of Japan (BOJ) policy decision.

Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited

KUALA LUMPUR (Dec 19): Datin Seri Rosmah Mansor has been granted a full acquittal in her RM7.1 million money laundering and tax evasion case.

Rosmah acquitted in anti-money laundering and tax evasion case

Shares of Malaysian Resources Corporation Bhd (KL:MRCB) slipped to a four-month low in early trade after the group was said to have had withdrawn from the Berjaya Group-led consortium bidding for the Kuala Lumpur-Singapore high-speed rail (HSR) project.

MRCB slips to four-month low after group was said to have withdrawn from HSR-bidding consortium

KUALA LUMPUR (Dec 19): Aluminproducts maker Winstar Capital Bhd (KL:WINSTAR) rose 40% on its ACE Market trading debut on Thursday.

Winstar Capital rises 40% on ACE Market debut

Shares of YTL Corporation Bhd (KL:YTL) and its associate YTL Power International Bhd (KL:YTLPOWR) soared in early trade on Thursday, a day after YTL Power said the Malaysian Anti-Corruption Commission (MACC) has cleared the group of any wrongdoing in the 1BestariNet project.

YTL Corp, YTL Power soar in early trade after MACC clears subsidiary of wrongdoing in 1BestariNet project

AS we embark on a transformative era defined by technological progress, artificial intelligence (AI) is set to reshape industries and catalyse innovation on an unprecedented scale. This evolution presents remarkable opportunities for economic and societal growth. However, unlocking this potential goes beyond merely adopting new technologies; it requires visionary leadership that recognises AI’s broader implications.

Collaborative C-suite leadership in cyber can unlock AI-driven innovation for growth

MORNING CALL: 19/12/24

The Federal Reserve has spoken, and as far as investors are concerned, the message was clear - clearly hawkish. Now it's over to the Bank of Japan and Bank of England, the two biggest and most important of the clutch of central bank policy decisions on Thursday.

Fed's 'hawkish cut' slams markets, BOJ up next

Federal Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin.

"We're not allowed to own bitcoin," Powell said at a press conference following the Fed's latest two-day policy meeting, in which policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead.

Powell says Fed cannot hold bitcoin, not seeking to change that

The U.S. central bank lowered interest rates on Wednesday, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers are beginning to reckon with the prospects for sweeping economic change under an incoming Trump administration.

Fed lowers rates but sees fewer cuts in 2025 due to stubbornly high inflation

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Wednesday.</p>


MRCB, Berjaya Corp, YTL Power, SD Guthrie, EcoWorld, Supermax, Scientex, YNH Property, T7 Global, PTT Synergy, RHB Bank, Ge-Shen, Aeon, Pestech, Quality Concrete, Advancecon

<p>Asian stocks slid, bond yields rose and the dollar was perched near a two-year high on Thursday after the US Federal Reserve cautioned it would ease the pace of rate cuts in the coming year and investors braced for a Bank of Japan (BOJ) policy decision.</p>


<p>The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended lower on Wednesday, said palm oil trader David Ng.</p>

<p>He said that CPO prices hit their lowest in a month due to mounting concerns over the implementation of the biodiesel B40 programme starting next month.</p>


CPO futures close lower amid concerns over B40 biodiesel implementation

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EVENING 5: Five things you need to know today

<p>Federal&nbsp;Reserve Chair Jerome Powell said on Wednesday the U.S. central bank has no desire to be involved in any government effort to&nbsp;stockpile&nbsp;large amounts of bitcoin.</p>

<p>"We're&nbsp;not allowed to own bitcoin," Powell said at a press conference following the&nbsp;Fed's latest&nbsp;two-day policy meeting, in which&nbsp;policymakers cut rates as expected while signaling a less certain path for monetary policy in the months ahead.</p>


<p>Shares of YTL Corporation Bhd (KL:YTL) and its associate YTL Power International Bhd (KL:YTLPOWR) soared in early trade on Thursday, a day after YTL Power said the Malaysian Anti-Corruption Commission (MACC) has cleared the group of any wrongdoing in the 1BestariNet project.</p>


<p>The&nbsp;Federal Reserve&nbsp;has spoken, and as far as investors are concerned, the message was clear - clearly hawkish. Now it's over to the&nbsp;Bank of Japan&nbsp;and&nbsp;Bank of England, the two biggest and most important of the clutch of central bank policy decisions on Thursday.</p>


<p>The Federal Reserve’s waning enthusiasm for rate cuts jarred US markets Wednesday, sending stocks lower and pushing Treasury yields and the dollar sharply higher. It was the worst loss for the S&amp;P 500 on the day of a rate decision since 2001.</p>


S&P 500 sees worst Fed day since 2001; yields up

<p>The Malaysian Anti-Corruption Commission (MACC) in Penang has arrested an enforcement officer for allegedly soliciting a bribe of around RM80,000 from a woman.</p>

<p>According to an MACC source, the 40-something male suspect contacted the woman on Nov 30 following the arrest of her husband and demanded a bribe, claiming it was to help release her husband, who was detained under the Security Offences (Special Measures) Act (SOSMA 2012).</p>


Penang MACC arrests enforcement officer for soliciting RM80,000 bribe

<p>Aeon Co (M) Bhd (KL:AEON) plans to appeal the High Court's ruling that the department store and mall operator had breached a tenancy agreement it had entered into with Betanaz Properties Sdn Bhd, a 51%-owned subsidiary of Ahmad Zaki Resources Bhd (KL:AZRB).</p>


Aeon to appeal High Court's ruling in tenancy dispute with Ahmad Zaki's unit

<p>The U.S. central bank lowered interest rates on Wednesday, but&nbsp;Federal Reserve Chair Jerome Powell said more reductions in borrowing costs hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers are beginning to reckon with the prospects for sweeping economic change under an incoming Trump administration.</p>


<p>SD Guthrie will issue an official notice directing cattle farmers unlawfully occupying its land to relocate their livestock from the company’s plantation in Sabak Bernam by Jan 31.</p>

<p>Selangor Rural Development, Unity, and Consumer Affairs Committee chairman Datuk Rizam Ismail said the decision was made during a meeting with SD Guthrie representatives on Tuesday.</p>


SD Guthrie to issue official notice to farmers to relocate livestock — Exco

<p>South Malaysia Industries (KL:SMI) insisted again on Wednesday that no extraordinary general meeting (EGM) of the company will take place on Jan 9,&nbsp; amid ongoing clashes between two shareholder groups vying for control of SMI.</p>


No EGM will be held until notice is issued and court rules on suits, says SMI

<p>The police have issued a stern warning to the public to avoid approaching the site of the Sungai Kelantan riverbank collapse near a condominium and hotel on Jalan Post Office Lama here.</p>


Public warned to stay away from collapsed Sungai Kelantan riverbank 

<p>Wall Street's main indexes were subdued in choppy trading on Wednesday, as investors anticipated an interest rate cut from the Federal Reserve in its final meeting of the year and awaited clues on what policymakers could do in 2025.</p>


Wall Street muted as caution prevails ahead of Fed decision

<p>The Federal Reserve did what markets expected Wednesday. But that didn’t stop investors from dumping risk assets in droves.</p>

<p>Stock sold off violently at the end of the session after the Fed cut interest rates by a quarter of a percentage point, its third straight reduction, and Chair Jerome Powell indicated that the central bank will likely put further reductions on hold while inflation stays above its 2% target.&nbsp;</p>


Wall Street pros say fears of fewer Fed cuts sparking selloff

<p>KUALA LUMPUR (Dec 19): Datin Seri Rosmah Mansor has been granted a full acquittal in her RM7.1 million money laundering and tax evasion case.&nbsp;</p>


<p>KUALA LUMPUR (Dec 19): Aluminproducts maker Winstar Capital Bhd (KL:WINSTAR) rose 40% on its ACE Market trading debut on Thursday.</p>


<p>The Malaysia External Trade Development Corporation (Matrade) and Dunia Melayu Dunia Islam (DMDI) have signed a Memorandum of Understanding (MoU) to bolster trade and export promotion cooperation.</p>


Matrade and Dunia Melayu Dunia Islam collaborate to boost export promotion

<p>China and India took a further step towards easing their long-running border dispute on Wednesday, with senior officials holding formal talks for the first time in five years and committing to finding mutually acceptable solutions.</p>
