<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 17): Iris Corp Bhd rose as much as 1.5 sen or 9% after <em>The Edge Financial Daily</em> (<em>Edge FD</em>) reported today the electronic-identification specialist was roping in a new strategic investor as part of Iris' restructuring.</p></div>

<div class=newsTextDataWrapInner><p>Iris shares rose to their highest so far today at 17.5 sen. At 11:40am, the counter was transacted at 17 sen with 26.24 million units traded.</p></div>

<div class=newsTextDataWrapInner><p>It was the tenth most-actively traded counter on Bursa Malaysia.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><em>Edge FD</em>, quoting Iris and a source, reported that Iris was still in the midst of finalising discussions and reiterated that it is actively searching for new investors as per its corporate restructuring plan.</p></div>

<div class=newsTextDataWrapInner><p>It was reported that the company also intends to place out up to 10% of its issued and paid-up share capital to potential investors.</p></div>

<div class=newsTextDataWrapInner><p>According to the report, Iris' board has approved the entry of a new investor to act as a joint-anchor alongside Felda Investment Corp Sdn Bhd (FIC). FIC has a 21.33% stake in Iris.</p></div>

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KUALA LUMPUR (April 17): Iris Corp Bhd rose as much as 1.5 sen or 9% after The Edge Financial Daily (Edge FD) reported today the electronic-identification specialist was roping in a new strategic investor as part of Iris' restructuring.

Iris shares rose to their highes...

Iris up on imminent strategic investor

The recent raids on premises linked to Global Ikhwan Service and Business Holdings Sdn Bhd (GISBH) across several states uncovered hundreds of books and pamphlets associated with the teachings of al-Arqam, further underscoring concerns that the organisation continues to embrace to doctrines declared deviant since 1994.

Cops intensify crackdown on GISBH, seizing books, pamphlets linked to deviant movement 

President Joe Biden was caught on a hot mic saying China is “testing” the US and its allies in the Indo-Pacific region during a Quad leaders’ summit — even as the bloc’s members in their public remarks sidestepped the idea that they are a counterweight to Chinese influence.

China ‘testing us all,’ Biden says at Indo-Pacific summit

The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong.

US Fed is about to get validation for its jumbo rate cut

The US Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters.

US to propose ban on Chinese software, hardware in connected vehicles — Reuters

General Motors will lay off 1,695 workers at its Fairfax Assembly plant in Kansas, the company said in a Worker Adjustment and Retraining Notification notice earlier this week.

GM to lay off about 1,700 workers at Kansas plant

Elon Musk backed down and decided to comply with court orders in Brazil, an attempt to end a monthslong clash that culminated in million-dollar fines and the banning of his social network X in Latin America’s largest economy.

Elon Musk capitulates, complies with legal orders in Brazil

The condition of higher education is instrumental to the strengthening and development of a nation, but as new generations of aspiring scientists are faced with increasingly complex global issues from the pandemic to climate change, how can universities adapt their curricula to prepare their students?

Of nature and systems

Boutique developer Mitraland Group is launching its second landed residential development — 22 Quartz in Setia Alam, Selangor — on Oct 5.

Elevating green and sustainable living

Donald Trump on Saturday rejected another debate with Vice President Kamala Harris before the US presidential election, hours after the Democratic candidate's campaign said she had agreed to an Oct 23 matchup with her Republican rival on CNN.

Trump rejects Harris' challenge to debate again on CNN

His Majesty Sultan Ibrahim, King of Malaysia, on Saturday visited the COMAC Beijing Aircraft Technology Research Institute to observe the latest developments in aviation technology in China.

King visits COMAC Beijing Aircraft Technology Research Institute

<p>President Joe Biden was caught on a hot mic saying China is “testing” the US and its allies in the Indo-Pacific region during a Quad leaders’ summit — even as the bloc’s members in their public remarks sidestepped the idea that they are a counterweight to Chinese influence.</p>


<p>The US Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told <em>Reuters</em>.</p>


<p>The Federal Reserve’s preferred price metric and a snapshot of consumer demand are seen corroborating both the central bank’s aggressive interest-rate cut and Chair Jerome Powell’s view that the economy remains strong.</p>


<p>Elon Musk backed down and decided to comply with court orders in Brazil, an attempt to end a monthslong clash that culminated in million-dollar fines and the banning of his social network X in Latin America’s largest economy.</p>


<p>General Motors will lay off 1,695 workers at its Fairfax Assembly plant in Kansas, the company said in a Worker Adjustment and Retraining Notification notice earlier this week.</p>


<p>Boutique developer Mitraland Group is launching its second landed residential development — 22 Quartz in Setia Alam, Selangor — on Oct 5.</p>


<p>Donald Trump on Saturday rejected another debate with Vice President Kamala Harris before the US presidential election, hours after the Democratic candidate's campaign said she had agreed to an Oct 23 matchup with her Republican rival on <i>CNN</i>.</p>


<p>The condition of higher education is instrumental to the strengthening and development of a nation, but as new generations of aspiring scientists are faced with increasingly complex global issues from the pandemic to climate change, how can universities adapt their curricula to prepare their students?</p>
