<div class=newsTextDataWrapInner>SINGAPORE (Dec 7): Japfa announced on Dec 6 that it has entered into a conditional share purchase agreement (SPA) with Freshness Holdings and Freshness Limited to dispose its shares in Greenfields Dairy Singapore.</div>

<div class=newsTextDataWrapInner>Greenfields Dairy Singapore is the holding company of Japfa’s “Greenfields” dairy business, which is a vertically integrated business that includes dairy farming to branded dairy products in Southeast Asia.</div>

<div class=newsTextDataWrapInner>Greenfields Dairy’s wholly-owned subsidiaries are PT Greenfields Indonesia, Greenfields Dairy Malaysia and Greenfields Dairy Hong Kong Limited.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Freshness Holdings is owned by affiliates of leading<a href="https://www.theedgesingapore.com/news/ma/japfa-disposes-80-stake-greenfields-dairy-3939-mil" target="_blank">...(click on link for full story on theedgesingapore.com)</a></div>

Japfa announced on Dec 6 that it has entered into a conditional share purchase agreement (SPA) with Freshness Holdings and Freshness Limited to dispose its shares in Greenfields Dairy Singapore.

Greenfields Dairy Singapore is the holding company of Japfa’s “Greenfields” dairy business, which is a vertically integrated business that includes dairy farming to branded dairy products in Southeast Asia.

Japfa disposes 80% stake in Greenfields Dairy for S$393.9 mil

For some years now, China’s annual gathering of its national legislature has been an increasingly disciplined and choreographed affair — its muted vibes practically an echo of deepening concern about domestic stagnation.

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NEW YORK (March 11): Bank of America eliminated some investment banking roles on Monday, including in New York, according to three sources familiar with the situation who declined to be identified discussing personnel matters.

The cuts affected junior bankers, including analysts and ass...

Bank of America eliminates some investment banking roles, sources say

Crude palm oil’s (CPO) continued premium over rival oils, such as soybean, is turning away its key buyers — India, the European Union and China — according to Gleanuk Economics.

CPO price premium over rivals is turning its key buyers to competing oils — analysts

A Chinese aluminium trader involved in a metal inventory scam that caused more than US$1 billion (RM4.43 billion) in losses has been sentenced to life in prison by a court in the eastern province of Zhejiang.

Rogue aluminium trader gets life in jail after US$1 bil fraud

(March 11): The tariff throwdown between Donald Trump and Justin Trudeau has slowed Canadian corporate bond sales to a trickle over the past week as investors demand a higher premium to hold loonie debt.

The US president’s looming 25% tariff on Canadian goods — which briefly took effect...

Trump’s trade threats are starting to hit Canadian credit market

PUTRAJAYA (March 11): The Court of Appeal on Tuesday has upheld the High Court decision made three years ago, which found the government liable for the unlawful detention of 1Malaysia Development Bhd (1MDB) critic Datuk Seri Khairuddin Abu Hassan, and for Khairuddin to be paid RM300,000 in general damages.

Unlawful detention case: Govt must pay 1MDB critic Khairuddin RM300,000 in general damages, says appellate court

Malaysian stocks fell on Tuesday as the country’s benchmark index plunged to its lowest in one year within minutes of trading, amid fallout from the overnight meltdown on Wall Street.

Malaysian stocks broadly lower, KLCI plunges to one-year low after Wall Street's sharp drop

Loop Capital founder Jim Reynolds​​​​ expects municipalities to sell as much as US$600 billion (RM2.66 trillion) of bonds this year. The market has already seen the biggest start to a year since at least a decade.

Loop’s Reynolds sees 2025 muni sales rising up to US$600 bil

The adoption of the 2025 System of National Accounts (2025 SNA) is expected to refine Malaysia's economic growth projections by enhancing the accuracy and comprehensiveness of its statistical framework, according to the Department of Statistics Malaysia (DOSM).

Malaysia to refine economic growth projections with adoption of 2025 System of National Accounts — DOSM

Cryptocurrencies slid as fears over a selloff in US equities eclipsed President Donald Trump’s recent efforts to buttress the industry.

Bitcoin, Ether teeter as US stock selloff weighs on crypto

Malaysian stocks fell on Tuesday as the country’s benchmark index plunged to its lowest in one year within minutes of trading, amid fallout from the overnight meltdown on Wall Street.

Anxiety that tariffs and government firings will torpedo growth in the world’s largest economy extended a three-week stretch of volatility across global markets. American stocks got hammered as Wall Street tempered bullish views while demand for recession havens boosted sovereign bonds.

US stocks tumble, Nasdaq has its worst day since 2022

Aluminium smelters in China, the world’s biggest producer, are set to enjoy a sharp rebound in profits this year as the cost of their key raw material, alumina, plunges.

China’s aluminium firms set to enjoy sharp rebound in profits on stunning drop in raw material costs

Asian stocks took their cue from the Wall Street and fell sharply on Tuesday, as worries mounted that a wide-ranging trade war could dent US economic growth and result in a recession, leading skittish investors to&nbsp;the safe-haven&nbsp;Japanese yen.

Asian stocks slide as market sell-off deepens on US growth worries

CoreWeave, an artificial intelligence (AI) startup backed by Nvidia, has signed a five-year contract worth US$11.9 billion (RM52.6&nbsp;billion) with OpenAI ahead of its hotly anticipated stock market launch.

Nvidia-backed CoreWeave inks US$11.9b contract with OpenAI ahead of IPO

KUALA LUMPUR (March 11): Malaysia’s upstream services firms in the oil and gas sector are expected to deliver strong earnings this year&nbsp;that belie their recent decline in valuations, said Kenanga Investment Bank.

Upstream oil and gas services stocks unduly punished amid strong earnings outlook, Kenanga says

Eurozone finance ministers are worried that the change of policy under the new US&nbsp;administration to embrace cryptocurrencies could affect eurozone monetary sovereignty and financial stability, top officials said on Monday.

EU worries US embrace of crypto assets could impact Europe's financial stability

Japan's trade minister fails to win tariff exemption assurance from US

Japan's trade minister fails to win tariff exemption assurance from US

Citigroup Inc&nbsp;downgraded US equities to 'neutral' from 'overweight' while upgrading China to 'overweight', saying that US exceptionalism is at least on pause.

Citi cuts US stocks, raises China on pause in US exceptionalism

Tesla Inc&nbsp;shares plunged to their worst day in more than four years, extending a slide in 2025 amid growing concerns on Wall Street about demand for the company’s electric cars.

Tesla tumbles most since 2020 on pullback in sales estimates

WASHINGTON (March 10): The Republican-controlled US House of Representatives set up a Tuesday vote on legislation that would keep the government funded and avert a partial shutdown, as Washington is rocked by President Donald Trump's rapid moves to slash federal agencies.

House Republicans set up Tuesday vote to avert govt shutdown

Local consumer 'buy now, pay later' (BNPL) transactions surged in the second half of 2024 (2H2024), reaching RM7.1 billion, up from RM4.9 billion in 1H2024, said Finance Minister II&nbsp;Datuk Seri Amir Hamzah Azizan.

'Buy now, pay later' transactions hit RM7.1b in 2H2024, says Amir Hamzah

Executives from some of the world’s top oil and gas producers offered full-throated support for US President Donald Trump’s “energy dominance” on Monday, even as financial markets slumped on broader concerns about his economic agenda.

Oil CEOs back Trump’s energy agenda as crude hits six-month low

Apple Inc&nbsp;is preparing one of the most dramatic software overhauls in the company’s history, aiming to transform the interface of the iPhone, iPad and Mac for a new generation of users.

Apple preparing dramatic software overhaul for iPhone, iPad and Mac, Bloomberg reports

GuocoLand (Malaysia) Bhd (KL:GUOCO) has lodged its proposed RM500 million medium-term notes (MTN) programme with the Securities Commission Malaysia (SC) under the lodge and launch framework.

GuocoLand lodges RM500m medium-term notes programme with SC

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NEW YORK (March 10): Hedge funds unwound positions in single stocks on Friday at the largest amount in over two years, with some activity comparable to March 2020, when portfolio managers cut market exposure during the pandemic, Goldman Sachs said in a note on Monday.

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JEDDAH (March 10): Ukrainian President Volodymyr Zelenskiy met with Saudi Crown Prince Mohammed bin Salman ahead of talks between Ukrainian and US&nbsp;officials that Washington hopes will deliver substantial progress towards ending Russia's war with Ukraine.

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