<div class=newsTextDataWrapInner><p>SINGAPORE (May 20): The subsidiary of Fullerton Health which is seeking a listing on the Singapore Exchange, on Friday announced it has acquired PT JLT GESA, also known as Medilum.</p></div>

<div class=newsTextDataWrapInner><p><em><strong>See "<a href="http://www.theedgemarkets.com/sg/article/fullerton-health-track-mid-year-ipoS" target="_blank">Fullerton Health on track for mid-year IPO</a>"</strong></em></p></div>

<div class=newsTextDataWrapInner><p>Medilum is the Indonesia-based provider of managed healthcare and third-party administration services.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The acquisition was made through Fullerton Health's subsidiary Global Assistance &amp; Healthcare (GAH) although the purchase price was not revealed.</p></div>

<div class=newsTextDataWrapInner><p>“We’re delighted to welcome Medilum into the Fullerton Health family. With Medilum’s expertise in managed healthcare and third-party administration, it is a natural fit for Fullerton Health and we look forward to integrating the company with our existing portfolio in Indonesia,” said Dr Michael Tan, co-founder and group CEO of Fullerton Health in a joint press release by the two companies.</p></div>

<div class=newsTextDataWrapInner><p>Fullerton Health is reportedly looking to raise $300 million from the Singapore listing.</p></div>


SINGAPORE (May 20): The subsidiary of Fullerton Health which is seeking a listing on the Singapore Exchange, on Friday announced it has acquired PT JLT GESA, also known as Medilum.

See "

Fullerton Health acquires Indonesia-based provider of managed healthcare services

SHAH ALAM (Nov 13): His Majesty Sultan Ibrahim, King of Malaysia, was proclaimed as the seventh Chancellor of Universiti Teknologi MARA (UiTM) on Wednesday.

King proclaimed as UiTM’s seventh Chancellor

Since its soft launch in March 2023, CDB Arcadia Residences has achieved a 65% take-up rate. The serviced apartment with a gross development value (GDV) of RM245 million is developed by CDB Group Holdings Sdn Bhd through its wholly-owned subsidiary Saujana Permai Development Sdn Bhd.

CD...

CDB Arcadia Residences is 65% taken up

KHAZANAH Nasional Bhd has amassed an estimated RM5.48 billion from the dividend payouts of eight public listed companies (PLCs) and proceeds from stake disposals in three PLCs so far this year.

A back-of-the-envelope calculation shows that the sovereign wealth fund received RM2.8 billio...

Khazanah reaps over RM5 bil from dividends, share sale this year 

Newly minted Attorney General Datuk Mohd Dusuki Mokhtar said he would review the ongoing prosecution of former finance minister Tun Daim Zainuddin following Daim’s sudden death on Wednesday morning.

AG: I will review Daim’s prosecution after getting the death certificate

KUALA LUMPUR (Nov 13): Former prime minister Tun Dr Mahathir Mohamad expressed his deep sadness following the death of his close friend, Tun Daim Zainuddin, who passed away on Wednesday morning.

Tun Mahathir mourns Daim Zainuddin

Transport Minister Anthony Loke Siew Fook said on Wednesday that the Cabinet had approved a RM442.3 million upgrade for the country’s second busiest airport, the Kota Kinabalu International Airport.

Cabinet approves RM442m upgrade for Kota Kinabalu International Airport

KUALA LUMPUR (Nov 13): Lawyers for MyAirline co-founder Datuk Allan Goh Hwan Hua and three other companies, who are defendants in a suit filed two years ago by 15 investors who are suing Goh and the three companies for RM8 million, told the High Court on Wednesday that the defendants have no case to answer for in deciding not to call any witnesses for the defence.

MyAirline co-founder and three companies say they have no case to answer for in RM8m investors’ suit

Bacteria Free Water Engineering (M) Sdn. Bhd., also known as BACFREE®, a leader in Malaysia’s water solutions industry, became one of the first companies to achieve the SIRIM 55:2023 ESG certification at the Majlis SIRIM Industri 2024 event on 7 November, which was graced by the Deputy Secretary General (Investment & Management) of the Ministry of Investment, Trade and Industry (MITI), Datuk Bahria Mohd Tamil.

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The top 20 Bursa Malaysia companies donated RM381.81 million in cash in 2023, according to Wiki Impact’s 'Bursa Top 20: Who’s The Most Charitable?' report.

In a statement on Wednesday, Wiki Impact, which is an online platform dedicated to the impact industry, said that Tenaga Nasional Bhd (KL:TENAGA), Sime Darby Plantation Bhd, which is now known as SD Guthrie Bhd (KL:SDG), and Telekom Malaysia Bhd (KL:TM) were among the top givers in 2023.

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Individuals seeking to report an offence must go through proper agency channels to qualify for protection under the Whistleblowers Protection Act 2010.

Go through proper agency channels for protection, Azalina tells whistleblowers

<p>Former finance minister&nbsp;Tun Daim Zainuddin has passed away at the age of 86, marking the end of an era for a figure who left a significant imprint on Malaysia's political and economic landscape.</p>

<p>One of his lawyers, Datuk Dr Gurdial Singh Nijar, confirmed the matter when contacted by<em> The Edge.</em></p>


Former finance minister Daim passes away

<p>Tan Sri Wan Zaki Wan Muda, the founder of Ahmad Zaki Sdn Bhd (AZSB) and group adviser to Ahmad Zaki Resources Bhd (KL:AZRB), passed away on Tuesday evening&nbsp;at the age of 75.</p>


Ahmad Zaki founder Wan Zaki passes on

<p>Shares of Life Water Bhd (KL:LWSABAH) surged 18% in their trading debut on Wednesday, after the beverage manufacturer’s initial public offering (IPO) raised over RM82 million on the back of strong investor demand.</p>


Life Water surges 18% on Main Market debut

<p>Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies”, US President-elect Donald Trump announced on Tuesday.</p>


Trump picks Musk, entrepreneur Ramaswamy for govt efficiency effort

<p>KUALA LUMPUR (Nov 13): BIMB Securities has downgraded Hartalega Holdings Bhd (KL:HARTA) to a “sell” call, from a “hold”, after a share price rally.</p>


BIMB Securities downgrades Hartalega to ‘sell’ after price rally

<p>BOSTON (Nov 12): The US Senate's Democratic majority began a crusade on Tuesday to confirm as many new federal judges nominated by President&nbsp;Joe Biden&nbsp;as possible, to avoid leaving vacancies that Republican&nbsp;Donald Trump&nbsp;could fill after taking office on Jan&nbsp;20, 2025.</p>


US Senate Democrats rush to confirm judges nominated by Biden before Trump takes office

<p>Nissan Motor Co’s rapid decline has drawn the attention of one of the most influential activist investors in Japan, adding a fresh dose of uncertainty to the automaker’s turnaround plans.</p>


Nissan enters new era of turmoil as Effissimo takes stake

<p>KUALA LUMPUR (Nov 13): Former prime minister Tun Dr Mahathir Mohamad expressed his deep sadness following the death of his close friend, Tun Daim Zainuddin, who passed away on Wednesday morning.</p>


<p>Transport Minister Anthony Loke Siew Fook said on Wednesday that the Cabinet had approved a RM442.3 million upgrade for the country’s second busiest airport, the Kota Kinabalu International Airport.</p>


<p>KUALA LUMPUR (Nov 13): Lawyers for MyAirline co-founder Datuk Allan Goh Hwan Hua and three other companies, who are defendants in a suit filed two years ago by 15 investors who are suing Goh and the three companies for RM8 million, told the High Court on Wednesday that the defendants have no case to answer for in deciding not to call any witnesses for the defence.</p>


<p>A breakneck rally in stocks ran out of steam, with&nbsp;Treasury yields&nbsp;soaring and the dollar hitting the highest level in two years ahead of a key inflation report.</p>

<p>Equities edged lower after the S&amp;P 500’s biggest five-day run in a year. Following sizeable post-election gains, small caps and banks lost ground. Tesla Inc&nbsp;dropped after an almost 45% surge.&nbsp;</p>


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<p>KUALA LUMPUR (Nov 13): Hartanah Kenyalang Bhd, a Sarawak-based construction services firm, has filed for an initial public offering (IPO) on the ACE Market of Bursa Malaysia to raise funds for expansion and to finance existing operations.</p>


Sarawak builder Hartanah Kenyalang files for ACE Market IPO

<p>The ringgit was the major loser on Wednesday among broadly muted emerging Asian peers, as Malaysia's third-quarter economic growth appeared set to have lost pace, reflecting a fall in mining output.</p>


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<p>After a rapid cooling in Chinese tech stocks on cloudy domestic macro prospects and rising geopolitical risk, investors are looking to major earnings reports due this week for a second wind.</p>


Chinese tech stocks need earnings boost amid Trump, macro threats

<p>Seven &amp; i Holdings Co&nbsp;is considering a management buyout to take itself private with funding from banks, Itochu Corp, and the founding Ito family in a transaction that could be worth ¥9 trillion (US$58 billion or RM258.63 billion), people with knowledge of the matter said.</p>


Seven & I mulling US$58b management buyout, Bloomberg reports

<p>Asian stocks fell to the lowest level in almost two months on Wednesday, before US inflation data that may further sap confidence in the pace of Federal Reserve (Fed) interest-rate cuts.&nbsp;</p>


Asian stocks drop to two-month low before US CPI

<p>Public-listed companies (PLCs) showed progress in the adoption of the Malaysian Code on Corporate Governance (MCGG), according to the Securities Commission Malaysia’s Corporate Governance Monitor (CG Monitor) 2024, which was published last Monday. However, the report highlighted three critical areas in need of improvement. The CG Monitor pointed to (i) the need to refresh board composition; (ii) enhancing shareholder participation through physical or hybrid annual general meetings (AGMs); and &nbsp;(iii) a deeper integration of sustainability governance practices.</p>


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<p>（吉隆坡13日讯）前财政部长敦达因逝世，享年86岁，标志着这位在大马政治和经济领域留下重要印记的人物时代落幕。</p>


前财长敦达因逝世

<p>Elon Musk surfaced once more in a round of phone calls US President-elect Donald Trump is making with world leaders, driving home the billionaire’s outsized influence in the next administration. &nbsp;</p>


Musk is making a habit of joining Trump’s calls with leaders

<p>BANDAR SRI BEGAWAN (Nov 13): The Asian aviation industry is still grappling with ongoing supply chain disruptions, even as demand remains resilient, according to a regional airlines association.</p>
