<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 31): KPJ Healthcare Bhd has named Datuk Md Arif Mahmood as its new chairman and Datuk Mohd Shukrie Mohd Salleh as its new managing director.</p></div>

<div class=newsTextDataWrapInner><p>Md Ariff, the former Petronas executive vice-president and CEO of downstream business, is replacing Tan Sri Dr Ali Hamsa, who resigned as the chairman due to health reasons after having served since June 2021.</p></div>

<div class=newsTextDataWrapInner><p>Shukrie, the former Malaysia Airports Holdings Bhd CEO,&nbsp; is replacing Ahmad Shahizam Mohd Shariff who had<br />
served as managing director since July 2020.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>KPJ also announced the redesignation of Datuk Mohd Redza Shah Abd Wahid as independent and non-executive director.</p></div>

<div class=newsTextDataWrapInner><p>The changes are effective April 1, according to the group’s stock exchange filings.</p></div>

<div class=newsTextDataWrapInner><p>KPJ’s share price ended unchanged at RM1.01 on Thursday (March 31), valuing the healthcare group at RM4.55 billion.</p></div>


KPJ Healthcare Bhd has named Datuk Md Arif Mahmood as its new chairman and Datuk Mohd Shukrie Mohd Salleh as its new managing director.

Md Ariff, the former Petronas executive vice-president and CEO of downstream business, is replacing Tan Sri Dr Ali Hamsa, who resigned as the chairman due to health reasons after having served since June 2021.

KPJ names former Petronas vice-president Md Ariff as chairman, ex-MAHB CEO Shukrie as MD

SOCIAL activist Kuan Chee Heng, better known as “Uncle Kentang (Malay for potato)” among the people he serves, probably had most people taking mental notes of two things he said at the International Social Well­being Conference 2024 (ISWC 2024) in Kuala Lumpur last week.

First being how...

The State Of The Nation: Heart-wrenching old-age reality bites from lack of planning, social safety nets

Boutique developer Ancubic Group has announced a 90% take-up for the first phase of its first industrial development called A-Park Batu Kawan since its official launch on March 11. The launch was officiated by Penang Chief Minister Chow Kon Yeow.

Spanning 20.5 acres and located eas...

A-Park Batu Kawan Phase 1 achieves 90% take-up

PUTRAJAYA needs to take the “realistic approach” in tackling issues that are cropping up as a result of population ageing, Prime Minister Datuk Seri Anwar Ibrahim said in his opening speech at the International Social Wellbeing Conference 2024 (ISWC2024) in Kuala Lumpur on June 4, noting that Mal...

The State Of The Nation: Race against time to find funds for universal pension, retirement reforms 

Australia and China will take steps to improve military communication to avoid incidents, Prime Minister Anthony Albanese said after meeting Premier Li Qiang on Monday, in the first visit to the country by a Chinese premier in seven years.

Australia's Albanese, China's Li hold 'candid' talks on trade, rights

China’s housing slump deepened in May and triggered new calls for the government to pump cash and credit into the economy, while industrial output — which has kept growth on track — fell short of forecasts.

China's property drag worsens, factory output disappoints

Plans for what may be one of India’s largest-ever initial public offerings (IPOs) boosted Hyundai Motor Co’s stock to a record high.

The South Korean automaker is selling a 17.5% stake in Hyundai Motor India Ltd, according to its draft red herring prospectus. Shares in Hyundai — which will collect all of the proceeds from the IPO of its local unit — rose 3.9% on Monday in Seoul. Related stocks also got a lift.

Blockbuster Indian IPO plan sparks rally in Hyundai Motor shares

Adidas AG is investigating allegations of corruption in China, after receiving an anonymous letter exposing potential compliance violations by some employees.

Adidas launches China investigation after anonymous letter alleging corruption

KUWAIT Finance House (M) Bhd (KFH Malaysia) CEO Mohd Hazran Abd Hadi is leaving the bank after almost five years at the helm, raising questions about what’s next for one of the country’s smallest Islamic banks.

Hazran is departing to pursue “personal endeavours”, according to an email K...

Kuwait Finance House Malaysia CEO steps down 

France’s political upheaval has led the country to lose its spot as Europe’s biggest equity market, less than two years after stealing that title from the UK.

Paris loses crown as Europe’s biggest stock market to London

CHANGES are afoot at a high level at Petroliam Nasional Bhd (Petronas), and most likely will materialise by early next month, sources familiar with the national oil company tell The Edge.

It is understood that Datuk Adif Zulkifli, executive vice-president and CEO of the company’s upstre...

Changes slated to take place at Petronas 

<p>The government has decided to reduce the retail prices of Grade A, B, and C eggs by three&nbsp;sen each across the country, in line with efforts to pass on the savings from targeted subsidies to the people.</p>


PM announces three sen reduction in Grade A, B and C egg prices

<p>Melaka Friendship Tourism Ambassador 2024&nbsp;Fan Bingbing&nbsp;described the role as a heavy responsibility to bear and also a&nbsp;stroke of luck.</p>

<p>Fan stated that Melaka is a unique tourist destination, unlike most famous tourist spots.</p>


Melaka tourism ambassador role a heavy responsibility and stroke of luck, says Fan Bingbing

<p>The long-favoured arbitrage strategy of buying Taiwan Semiconductor Manufacturing Co’s (TSMC) Taipei shares while shorting its US listing is starting to become painful.</p>


Popular arbitrage trade backfires as TSMC frenzy grows in US

<p>The government still bears around RM7 billion in subsidies related to diesel in Peninsular Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


Anwar: Govt still bears RM7b as diesel subsidy not abolished

<p>Asian share markets were in the red on Monday, as mixed Chinese&nbsp;economic&nbsp;news underlined the country's bumpy recovery, while&nbsp;political uncertainty&nbsp;in Europe soured risk appetites, and kept the euro on the defensive.</p>


Asian shares muted on China data, euro on defensive

<p>In August last year, former Thai leader Thaksin Shinawatra returned to his homeland after 15 years in exile, following a deal with royalists who once ousted him in a coup. That marriage of convenience is now at risk of falling apart, potentially unleashing more political turmoil.</p>


Thai royalists make risky bet in fresh showdown with ex-PM Thaksin

<p>Regional finance hubs Hong Kong and Singapore have topped a new&nbsp;global list of the world’s most expensive cities for expatriates, keeping&nbsp;Swiss destinations&nbsp;from the top spots for the second year in a row.</p>


Hong Kong and Singapore top world's most expensive city list for expats in 2024

<p>The German business chamber said the European Union (EU) should invest to become more competitive instead of hiking tariffs on China-made electric vehicles (EVs), adding to Berlin’s efforts to avert or soften the trade curbs.&nbsp;</p>


German chamber in China says tariffs won’t protect European automakers

<p>More companies from China have expressed their intention to learn about the halal industry in Malaysia, said One Belt One Road Chamber of Commerce president Datuk Seri Tan Thian Lai.</p>


Chinese companies eyeing to learn about Malaysia's halal industry, Bernama told

<p>China’s&nbsp;housing slump&nbsp;deepened in May and triggered new calls for the government to pump cash and credit into the economy, while industrial output — which has kept growth on track — fell short of forecasts.&nbsp;</p>


<p>China’s central bank left a key interest rate steady for the 10th straight month, displaying caution on monetary easing given abundant liquidity and pressure to prevent the yuan from weakening further.&nbsp;</p>


China leaves key rate unchanged on currency pressure, liquidity

<p>FASTER and bigger returns could be in store for land rich planters that are capitalising on the current data centre boom by using agricultural land for solar farms, say analysts. Their observation comes amid tepid growth in the plantation sector but rising interest in data centres in Malaysia.</p...

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<p>Bill Gates said he is prepared to plough billions of dollars into a next-generation nuclear power plant project in Wyoming to meet growing US electricity needs.</p>


Bill Gates says he’s ready to put billions into nuclear power

<p>Australia&nbsp;and China will take steps to improve military communication to avoid incidents, Prime Minister Anthony Albanese said after meeting Premier Li Qiang on Monday, in the first visit to the country by a Chinese premier in seven years.</p>


<p>Britain’s wealthy homeowners are holding off on listing property for sale, after UK Prime Minister Rishi Sunak’s surprise move to call a general election made them hesitant about big decisions.</p>


Britain’s wealthy home sellers hold off listings before election

<p>Japan has been one of the fastest countries to embrace the use of new artificial intelligence (AI) tools, and has the potential to accelerate its economy and tech sector by going further, according to Microsoft Japan president Miki Tsusaka.</p>


Microsoft’s Japan chief sees country accelerating use of AI

<p>CHANGES are afoot at a high level at Petroliam Nasional Bhd (Petronas), and most likely will materialise by early next month, sources familiar with the national oil company tell The Edge.</p>

<p>It is understood that Datuk Adif Zulkifli, executive vice-president and CEO of the company’s upstre...

<p>Danone, the French yogurt maker in the midst of a turnaround, is stepping up investment in nutritional drinks for cancer patients and the elderly, betting an ageing population will boost long-term growth.</p>


Danone bets ageing populace will drive medical nutrition demand

<p>Plans for what may be one of India’s largest-ever initial public offerings (IPOs) boosted Hyundai Motor Co’s stock to a record high.</p>

<p>The South Korean automaker is selling a 17.5% stake in Hyundai Motor India Ltd, according to its draft red herring&nbsp;prospectus. Shares in Hyundai — which will collect all of the proceeds from the IPO of its local unit — rose 3.9% on Monday in Seoul. Related stocks also got a lift.</p>


<p>TWO key US indices, the S&amp;P 500 and Nasdaq, hit record closing highs again last week, as investors believe that the recent market data could support a start to the US Federal Reserve’s (Fed) policy easing cycle.</p>

<p>For Stephen Tong, senior &nbsp;institutional &nbsp;portfolio manager at...