<div class=newsTextDataWrapInner>SINGAPORE (March 7): Ng Kai Wa, director and co-founder of Creative Technology, sold a total 200,000 shares in the company in two transactions for S$1,807,949, or an average price of S$9.04 per share.</div>

<div class=newsTextDataWrapInner>On Mar 5, Ng sold 104,350 shares on the open market, for total of S$939,150. A day later, he sold another 95,650 shares, for total of S$868,799.</div>

<div class=newsTextDataWrapInner>After the two transactions, Ng is left with roughly 2.15 million shares in the company, or a stake of 3.055%, down from 3.339%. Ng is still the second largest shareholder in the company after CEO and chairman Sim Wong Hoo who owns about 23.3 million shares or a 31% stake... <a href="https://www.theedgesingapore.com/creative-co-founder-ng-kai-wa-sells-shares-average-price-904-each" target="_blank">(Click here to read the full story.)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (March 7): Ng Kai Wa, director and co-founder of Creative Technology, sold a total 200,000 shares in the company in two transactions for S$1,807,949, or an average price of S$9.04 per share.

On Mar 5, Ng sold 104,350 shares on the open market, for total of S$939,150. A day lat...

Creative co-founder Ng Kai Wa sells shares at average price of US$9.04 each

The Malaysian Communications and Multimedia Commission (MCMC) is conducting a Consumer Satisfaction Survey on its complaint portal, known as the Consumer Redress Portal (CRP).

MCMC conducts survey on its complaint portal

Two Bangladeshi construction workers died after being buried in a landslide in an incident at a concrete drain construction site in Elmina Ridge, Section U15 here on Monday.

In the incident at about 10am, the victims were working on the construction of a 0.3 metre deep drain in the housing area.

Two construction workers die in Elmina Ridge landslide

Property developer Masteron Group has partnered with Malayan Banking Bhd (KL:MAYBANK) and local home renovator The Makeover Guys to offer a complete homeownership solution for the prospective homebuyers of Astra at Aurora Residence in Puchong Prima, Selangor.

Masteron Group collaborates with Maybank, The Makeover Guys to provide home financing, furnishing packages

A three-member Federal Court bench has, on Monday, granted leave to two people representing two non-governmental organisations (NGOs) to challenge the degazettement of Bukit Cherakah as a forest reserve for development.

Apex court grants leave for two NGOs to challenge Bukit Cherakah development

MyEG Services Bhd’s (KL:MyEG) net profit has grown an average 24% in the last two years but its share price has not kept up with positive analyst calls despite heightened trading volume recently.

Over the last two years, the group has spent more than RM1 billion, and counting, on its bl...

MyEG assures investors of progress in lofty blockchain ambition

The government will proceed with the commercialisation of autonomous public buses on Malaysian roads once the necessary guidelines and legal framework are in place, said Transport Minister Anthony Loke Siew Fook.

Transport Ministry to commercialise autonomous buses once guidelines in place — Loke

SUBANG JAYA (Sept 9): Proton Holdings Bhd’s completely-knocked-down (CKD) exports to Egypt is estimated to contribute 16,000 units to its total export volume from the fourth quarter of this year to the end of 2026, generating a revenue of RM570 million, said the Ministry of Investment, Trade and Industry (Miti).

Miti: Proton’s CKD exports to Egypt expected to contribute RM570m by 2026

Economic Security Minister Sanae Takaichi launched a fresh bid to become Japan’s first woman prime minister with a pledge to use public money to boost jobs and growth.

Japan’s Takaichi touts spending as she enters leadership race

Morgan Stanley reduced its Brent crude price forecasts for the second time in a matter of weeks, as demand challenges mount while supplies remain plentiful.

Morgan Stanley cuts oil forecast again as concerns deepen

The implementation of public-private partnership (PPP) projects has spurred economic development in Selangor, contributing an estimated RM71 billion in private investment to the state, said Menteri Besar Datuk Seri Amirudin Shari.

Public-private partnership projects in Selangor contribute RM71b in private investment, says MB

Shares of&nbsp;99 Speed Mart Retail Holdings Bhd (KL:99SMART) opened at RM1.85, 12.1%&nbsp;higher or a 20 sen premium to its initial public offering (IPO) price of RM1.65, on its debut on the Main Market of Bursa Malaysia on Monday.

99 Speed Mart up 12% on debut following Malaysia's largest IPO in seven years

Lee Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia. Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation.

Mini-mart king hits billionaire status in Malaysia’s hot IPO market

Shares of Gamuda Bhd (KL:GAMUDA) fell as much as 4.32% in the morning session on Monday, on news of an embankment collapse at its construction site for the Sungai Rasau Water Supply Scheme (Stage 1) project at Taman Mas, Puchong.

Gamuda shares down 4% on Rasau project embankment collapse

For an airline with the tag line “Malaysian Hospitality”, Malaysia Airlines is struggling to cope with providing its customers with a pleasant travel experience.

The last three months have been particularly difficult for the national carrier, which was on the path to profitability after...

Alternative Views: Malaysia Airlines flies into a perfect storm

Japanese companies are increasingly abandoning an approach to business in China that once seemed immune to politics, a stark shift after years when they were the biggest single investors in their neighbour’s economy. &nbsp;

Japan’s companies sour on China after years of brushing off risk

The High Court here has allowed Messrs Chellam Wong to set aside a restraining order obtained by public-listed Country Heights Holdings Bhd (KL:CHHB) for filing a winding-up petition against it (Country Heights) over RM425,060 in unpaid debt since September 2023, over legal services the law firm had provided in relation to the company’s corporate exercise.

Law firm succeeds in setting aside restraining order for filing winding-up petition against Country Heights over legal fees owed

For the fourth consecutive week, foreign investors have purchased equities in Malaysia, with net purchases recorded every day last week, according to MIDF Research.

Foreign investors continue to buy Malaysian equities for fourth consecutive week

RHB Research has upgraded the basic construction materials sector to 'overweight'&nbsp;from 'neutral', amid a positive outlook on aluminium and cement companies under its coverage.

RHB upgrades basic construction materials to 'overweight', Cahya Mata Sarawak the top pick

Asian share&nbsp;markets&nbsp;slid on Monday after worries about a possible US&nbsp;economic downturn slugged&nbsp;Wall Street, though US&nbsp;stock futures did rally from an early dip and bond yields came off their lows.

Asian shares slip, China inflation surprisingly soft

KAJANG (Sept 9): Malaysia’s property transaction value soared to RM105.65 billion in the first half of 2024 (1H2024), marking a 23.8% year-on-year (y-o-y) increase — the highest in five years — according to the National Property Information Centre (Napic).

Malaysia’s property sales surge 23.8% y-o-y to RM105b in 1H2024, says Napic

Newly listed on Bursa Malaysia's Main Market, 99 Speed Mart Retail Holdings Bhd (KL:99SMART) has not ruled out expanding into Southeast Asia if suitable opportunities arise.

99 Speed Mart weighs Southeast Asian expansion plans

Marriott International Inc officially opened the Penang Marriott Complex along Gurney Drive in George Town, Penang, on Sunday.

The 55-storey tower comprises three components, the 223-room Penang Marriott Hotel, the 90-suite Marriott Executive Apartments, Penang, and the 302-unit Marriott Residences Penang, according to a press release on Monday. Following the opening of Penang Marriott Complex, Marriott International now has 50 properties in Malaysia.&nbsp;

Marriott International officially opens Penang Marriott Complex at Gurney Drive

New zero-emission electric vehicles (ZEVs) will now be required to have standardised&nbsp;number plates called “JPJePlate”, according to Transport Minister Anthony Loke Siew Fook.

Standardised number plates now required for new zero-emission EVs; e-bidding for special numbers begins

Prime Minister Datuk Seri Anwar Ibrahim said on Monday that he had received an "appreciation" letter from US Secretary of Commerce&nbsp;Gina Raimondo, following the government's cooperation in investment by US airplane manufacturer Boeing in Malaysia.

Anwar says received 'appreciation' letter from US secretary of commerce for supporting Boeing's investment in Malaysia

Tenaga Nasional Bhd or TNB (KL:TENAGA) has obtained an interim stay from the High Court over it having to pay RM1.39 billion in additional tax to the Inland Revenue Board (IRB).

TNB obtains interim stay over IRB seeking RM1.39b tax bill

TOKYO (Sept 9): Japan's Nikkei share average fell more than 2% on Monday, with technology stocks among the biggest decliners, tracking heavy losses among Wall Street peers in the previous session.

Japan’s Nikkei sinks 2% as tech stocks track Wall Street slide

UOB Global Economics &amp; Markets Research said expectations for imminent loosening of US Federal Reserve monetary policy will encourage reallocation of global flows towards emerging markets in Asia, including Malaysia, given the macro resilience of the region.

UOB sees further capital inflows into Malaysia, positive interest rate differentials to support stronger ringgit

（吉隆坡9日讯）99 Speed Mart Retail Holdings Bhd（KL:99SMART）今早在大马交易所主板粉墨登场，首宗交易以1.85令吉亮丽报开，比首次公开募股（IPO）发售价1.65令吉，溢价12.1%或20仙。

99 Speed Mart首开涨12% 7年来最大宗IPO

Eversendai Corporation Bhd (KL:SENDAI) said on Monday that it has won contracts worth RM1.1 billion worth in India, Singapore and Saudi Arabia.

In a filing, Eversendai said its unit in Chennai, India secured composite structural steel and civil works projects for the DLF Downtown Taramani Block 4 &amp; 5, which involves 27-floor and 32-floor building developments.

Eversendai bags RM1.1b contracts in India, Singapore and Saudi Arabia

KUALA LUMPUR (Sept 9): MISC Bhd’s (KL:MISC) full takeover of the FPSO Kikeh, located offshore Sabah, as part of an equity swap exercise has marginal impact to earnings and valuations, analysts said.