<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 10): Trading of Hong Leong Capital Bhd's (HLCAP) shares will finally resume this Friday, after being suspended for over five years due to the group not meeting the required public shareholding spread.</p></div>

<div class=newsTextDataWrapInner><p>HLCAP said its major shareholder, Hong Leong Financial Group Bhd, has completed a private placement of 27 million shares (equivalent to a 10.94% stake) in HLCAP, which has increased its public shareholding spread to 29.6%, thus meeting the 25% minimum requirement.</p></div>

<div class=newsTextDataWrapInner><p>"As such, HLCAP has complied with the public shareholding spread requirements as set out in Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"Accordingly, the trading in HLCAP's shares will resume with effect from 9am, Friday, Nov 13, 2020," HLCAP said in a bourse filing.</p></div>

<div class=newsTextDataWrapInner><p>HLCAP was suspended on March 26, 2015 due to its public shareholding spread falling below 25%. As at end-2014, its public shareholding spread was 18.67%.</p></div>

<div class=newsTextDataWrapInner><p>HLCAP was last traded at RM9.38, giving a market capitalisation of RM2.26 billion.</p></div>


Trading of Hong Leong Capital Bhd's shares will finally resume this Friday, after being suspended for over five years due to the group not meeting the required public shareholding spread.

Hong Leong Capital to resume trading on Nov 13 after five-year suspension

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(Dec 22): Indonesia claimed victory after Apple Inc offered to increase its investment in the country to US$1 billion (RM4.50 billion) to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived.

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KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Anwar Ibrahim stated that the Madani government has implemented strategic initiatives throughout 2024, to drive long-term prosperity for the people and the nation.

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BEIJING (Dec 22): China's Nio on Sunday said it would launch its new Firefly electric-vehicle (EV) brand in Europe early in the first half of 2025 (1H2025), betting that it would help the company overcome European Union (EU) tariffs.

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(Dec 22): The European Central Bank (ECB) will go on lowering borrowing costs in 2025, according to Governing Council member Boris Vujcic.

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<p>Among all precious gems, diamonds are one of the most sought after and prominent —&nbsp;for good reason. It is their rarity, durability and beauty that inspire&nbsp;the managing director of jewellery company Tomei, Datuk Ng Yih Pyng, to keep them as the focus of his star label, Le Lumiere. With over 30 years of experience under his belt, he has witnessed his fair share of industry evolutions. As technology progresses and diamond reserves begin to run dry, a new competitor — lab-grown stones — has entered the market. What does this mean for the stability of the natural gemstone trade, and what can consumers expect to see in the coming year? Ng gives us his thoughts.</p>


Light fantastic

<p>KUALA LUMPUR (Dec 22): Malaysia is intensifying efforts to deepen economic and cultural ties with Iran, identifying Gilan province as another key hub for collaboration.</p>


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<p>JAKARTA (Dec 22): Indonesian police have detained 18 personnel suspected of extorting Malaysian nationals who attended the Djakarta Warehouse Project (DWP) concert in Kemayoran, North Jakarta.</p>


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<p>KUALA LUMPUR (Dec 22): Prime Minister Datuk Seri Anwar Ibrahim stated that the Madani&nbsp;government has implemented strategic initiatives throughout 2024, to drive long-term prosperity for the people and the nation.</p>


<p>(Dec 22):&nbsp;Indonesia claimed victory after Apple Inc offered to increase its investment in the country to US$1 billion (RM4.50 billion) to get President Prabowo Subianto’s government to lift a ban on the sale of iPhone 16s. The win may be short-lived.</p>


<p>BEIJING (Dec 22): China's Nio on Sunday said it would launch its new Firefly electric-vehicle (EV) brand in Europe early in the first half of 2025 (1H2025), betting that it would help the company overcome European Union (EU) tariffs.</p>


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Türkiye will do 'whatever it takes' if Syria government cannot address Kurd militia issue, minister says

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<p>(Dec 22):&nbsp;President-elect Donald Trump selected billionaire Tilman Fertitta as his ambassador to Italy, enlisting a prominent businessman and one-time reality television star for a prime diplomatic post.</p>


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<p>PUTRAJAYA (Dec 22): The&nbsp;Early Schooling Aid (BAP) will extended to Form 6 students starting from the 2025/2026 schooling session, with each receiving RM150, said Education Minister Fadhlina Sidek.</p>


<p>KUALA LUMPUR (Dec 22): The Malaysia International Trade and Exhibition Centre (Mitec), owned by Malaysia External Trade Development Corporation (Matrade), has announced the signing of a memorandum of understanding (MOU) between Qube Integrated Malaysia Sdn Bhd and the Asia CEO Community.</p>


<p>(Dec 21):&nbsp;Lara Trump, daughter-in-law of President-elect Donald Trump, said on Saturday that&nbsp; she has removed her name from consideration to replace outgoing US&nbsp;Senator Marco Rubio.</p>
