<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 9): IOI Corporation Bhd (IOI Corp)'s single largest shareholder, Vertical Capacity Sdn Bhd, has raised its stake in the plantation heavyweight by acquiring another 4.14 million shares on the open market.</p></div>

<div class=newsTextDataWrapInner><p>The acquisition, carried on March 4, raised Vertical Capacity's shareholding in IOI Corp to 2.943 billion shares or 46.72%, according to a filing by IOI Corp with Bursa Malaysia today.</p></div>

<div class=newsTextDataWrapInner><p>The shares were purchased at the price of RM4.757 each.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Vertical Capacity is a company connected to IOI Corp chairman Tan Sri Lee Shin Cheng and his two sons, Datuk Lee Yeow Chor and Lee Yeow Seng.</p></div>

<div class=newsTextDataWrapInner><p>IOI Corp shares closed unchanged today at RM4.77 for a market capitalisation of RM30.82 billion.</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


KUALA LUMPUR (March 9): IOI Corporation Bhd (IOI Corp)'s single largest shareholder, Vertical Capacity Sdn Bhd, has raised its stake in the plantation heavyweight by acquiring another 4.14 million shares on the open market.

The acquisition, carried on March 4, raised Vertical Capacity's...

IOI Corp's major shareholder raises stake

Microsoft has pulled out of a data centre deal with British cloud provider Nscale, Britain's Telegraph newspaper reported on Sunday.

Microsoft pulls out of UK data centre deal with Nscale — report

SEOUL (Oct 18): Samsung Electronics will use TSMC's three-nanometre process to produce base dies for Nvidia's next-generation custom high-bandwidth memory (HBM) chips, the Seoul Economic Daily reported on Sunday.

The move would mark the first time Samsung has worked with the Taiw...

Samsung to use TSMC technology for Nvidia's next-generation memory chips — report

Educational institutions under the Ministry of Education (MOE) in Selangor, Negeri Sembilan, Melaka, Pahang, and Penang will reopen and resume normal operations on Monday.

Schools in Selangor, Negeri Sembilan, Melaka, Pahang, Penang to reopen Monday

IPOH (Oct 18): DAP elected representatives who fail to meet their key performance indicators (KPIs) risk not being renominated in future elections, party secretary general Anthony Loke said.

He said Perak DAP, under the leadership of its chairman Nga Kor Ming, had set strict performance...

DAP reps who fail to hit KPIs risk being dropped, says Loke

The Sabah Cabinet has approved 24-hour operations for the Sepanggar Bay Container Port (SBCP) to address logistics congestion, but implementation depends on the industry ecosystem's overall readiness, as well as the readiness of related government departments and agencies.

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The Malaysian Prisons Department is now in the final phase of drafting regulations and conditions for the implementation of home detention following the conditional pardon decision that allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence through this method.

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Malaysia’s diversified economy, resilient export markets and stronger fiscal buffers will help cushion external shocks and support its growth outlook for 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

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The E-Commerce Bill will be tabled in Parliament at the first meeting next year to strengthen the regulation of online transactions, said Deputy Domestic Trade and Cost of Living Minister Datuk Dr Fuziah Salleh.

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China has proposed export controls on 12 technologies used to make solar equipment, citing national security concerns, as part of a broader revision that also covers AI and biotechnology.

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Norway, Switzerland, Iceland and Liechtenstein have signed a free-trade agreement with Vietnam, the governments of Norway and Vietnam announced on Sunday.

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<p>The MediAsas scheme, set to launch in January 2027, will provide a financial and healthcare safety net for Malaysia's middle-income group (M40), who are currently facing medical inflation.</p>


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<p>The day after waiving sanctions and tariffs related to Russian exports, US President Donald Trump said on Saturday he has yet to announce a final decision on the matter as Secretary of State Marco Rubio said officials want more time to evaluate the situation.</p>


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<p>China has proposed export controls on 12 technologies used to make solar equipment, citing national security concerns, as part of a broader revision that also covers AI and biotechnology.</p>


<p>China's exports of refined oil products in September surged 39.4% year-on-year, data showed on Sunday, with diesel exports reaching their highest in more than three years amid a tight global market as the Iran war and other conflicts curb output from the Middle East and Russia.</p>


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<p>The E-Commerce Bill will be tabled in Parliament at the first meeting next year to strengthen the regulation of online transactions, said Deputy Domestic Trade and Cost of Living Minister Datuk Dr Fuziah Salleh.</p>


<p>Malaysia’s diversified economy, resilient export markets and stronger fiscal buffers will help cushion external shocks and support its growth outlook for 2027, said Finance Minister II Datuk Seri Amir Hamzah Azizan.</p>


<p>Norway, Switzerland, Iceland and Liechtenstein have signed a free-trade agreement with Vietnam, the governments of Norway and Vietnam announced on Sunday.</p>


<p>Parti Keadilan Rakyat (PKR) has restructured its leadership in Sarawak, naming Mahmud Epah as the new state party chairman.</p>


PKR shakes up Sarawak leadership, names Mahmud Epah chairman 

<p>IPOH (Oct 18): DAP elected representatives who fail to meet their key performance indicators (KPIs) risk not being renominated in future elections, party secretary general Anthony Loke said.</p>

<p>He said Perak DAP, under the leadership of its chairman Nga Kor Ming, had set strict performance...

<p>Educational institutions under the Ministry of Education (MOE) in Selangor, Negeri Sembilan, Melaka, Pahang, and Penang will reopen and resume normal operations on Monday.</p>


<p>The Sabah Cabinet has approved 24-hour operations for the Sepanggar Bay Container Port (SBCP) to address logistics congestion, but implementation depends on the industry ecosystem's overall readiness, as well as the readiness of related government departments and agencies.</p>


<p>Microsoft has pulled out of a data centre deal with British cloud provider Nscale, Britain's <i>Telegraph</i> newspaper reported on Sunday.</p>


<p>The Malaysian Prisons Department is now in the final phase of drafting regulations and conditions for the implementation of home detention following the conditional pardon decision that allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence through this method.</p>


<p>SEOUL (Oct 18): Samsung Electronics will use TSMC's three-nanometre process to produce base dies for Nvidia's next-generation custom high-bandwidth memory (HBM) chips, the <i>Seoul Economic Daily</i> reported on Sunday.</p>

<p>The move would mark the first time Samsung has worked with the Taiw...