<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Nov 26): M3 Technologies (Asia) Bhd said Friday it had changed its name to XOX Technology Bhd.</p></div>

<div class=newsTextDataWrapInner><p>The mobile services provider said in a bourse filing the company’s shares will be traded and quoted under the new name with effect from next Wednesday (Dec 1).</p></div>

<div class=newsTextDataWrapInner><p>According to the bourse filing, its major shareholder XOX Bhd is currently holding 3.59% direct interest and 22.36% indirect interest in the company.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At the time of writing, M3 Technologies shares were unchanged at five sen apiece, giving it a market capitalisation of RM44.81 million.</p></div>

<div class=newsTextDataWrapInner><p>Year-to-date, the counter has fallen 16.67%.</p></div>


M3 Technologies (Asia) Bhd said Friday it had changed its name to XOX Technology Bhd.

The mobile services provider said in a bourse filing the company’s shares will be traded and quoted under the new name with effect from next Wednesday (Dec 1).

M3 Technologies changes name to XOX Technology

European leaders congratulated Donald Trump on Wednesday on his US presidential election victory, saying they were ready to work with him but would defend Europe's interests, amid worries about the impact of a Trump return to the White House.

Europe's leaders congratulate Trump, amid worries over trade, Ukraine

U Mobile Sdn Bhd was chosen as Malaysia's second 5G network provider based on factors like business and technical plans, complaint records, customer satisfaction and its track record in infrastructure projects, according to the Malaysian Communications and Multimedia Commission (MCMC).

MCMC cites U Mobile’s track record in naming it to lead second 5G network

KUALA LUMPUR (Nov 6): Kuala Lumpur plays an important role in the country’s economic growth, recording an export value of RM49.54 billion, an increase of 4.9% in the first nine months of 2024 (9M2024), compared to the same period last year, according to the Malaysia External Trade Development Corporation (Matrade).

Matrade: KL records RM49.54b in export value in 9M2024

Korea Zinc's new share sale plan, which was announced on Oct 30 and worth around US$1.8 billion (RM7.9 billion), has been suspended due to a revision order by the South Korean financial regulator, a regulatory filing said on Wednesday.

Korea Zinc's US$1.8b share sale plan suspended due to regulator's revision order

AMMB Holdings Bhd's (KL:AMBANK) wholly-owned subsidiaries, AmBank (M) Bhd and AmBank Islamic Bhd, have set up debt programmes to raise up to RM7 billion to finance their working capital, among others.

AMMB units set up RM7b debt programmes to raise funds for working capital

Lotte Chemical Titan Holding Bhd (KL:LCTITAN) on Wednesday reported larger third quarter losses, dragged by inventory write-downs, higher losses from its 40%-owned associate Lotte Chemical USA Corp due to a maintenance shutdown, and increased foreign exchange losses.

Lotte Chemical Titan warns of more uncertainties as 3Q losses swell

CHUKAI (Nov 6): Another suspect, believed to be involved in submitting a fraudulent zakat recipient list to a private welfare body in April, has been remanded for six days from Wednesday.

Another suspect remanded in zakat fraud case — Bernama

Thailand may see foreign tourist arrivals surpassing a pre-pandemic record next year as a recovery in the global travel industry gathers momentum, according to online travel platform Agoda Holdings Co.

Thailand may see record tourist arrivals in 2025, Agoda CEO says

Donald Trump’s return to the White House in January 2025, combined with a Republican-led US Senate and House of Representatives was widely feared among international allies and will be cheered by some of America’s foes. While the former put on a brave face, the latter are finding it hard to hide their glee.

What Trump’s victory means for Ukraine, the Middle East, China and the rest of the world

The Ministry of Tourism, Arts, and Culture (Motac) will conduct a review of the Tourism Industry Act (AIP) 1992 (Act 482), said Deputy Minister Khairul Firdaus Akbar Khan.

He said the ministry will hold discussions with industry stakeholders to gather feedback before making any final decisions.

Motac to review Tourism Industry Act, engage stakeholders

<p>Donald Trump was elected president, capping a remarkable comeback four years after he was voted out of the White House and ushering in a new American leadership likely to test democratic institutions at home and relations abroad.</p>


Donald Trump elected US president in stunning comeback

<p>KUALA LUMPUR (Nov 16): The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm.</p>


MOF: EPF books RM24m in provision for London’s Battersea project following IFRS treatment

<p>The Federal Court dismissed the appeal by a businesswoman, who was challenging the Court of Appeal decision&nbsp;which had overturned a High Court decision that she was entitled to RM200,000 damages from CTOS Data Systems Sdn Bhd (CDS), a subsidiary of CTOS Digital Bhd (KL:CTOS).</p>


Businesswoman’s challenge against CTOS ends as apex court refuses to grant leave

<p>3REN Bhd (KL:3REN) made an impressive debut on the ACE Market of Bursa Malaysia on Wednesday, with a closing price of 39.5 sen, a 41.07% rise or 11.5 sen higher than its initial public offering price (IPO) of 28 sen.</p>


3REN Bhd gains 41% on ACE Market debut

<p>Technology and semiconductor-related stocks on Bursa Malaysia surged on Wednesday afternoon, amid anticipation that Republican candidate Donald Trump could claim victory in the 2024 US presidential election, defeating Democrat Kamala Harris.</p>


Malaysian tech stocks surge amid anticipation of Trump victory in US election

<p>Stocks extended gains, Treasury yields jumped, while the dollar climbed the most since February 2023, as early returns bolstered trades that have for months risen with Donald Trump’s election prospects.</p>


Stocks, dollar and yields rise on early Trump lead

<p>Bank Negara Malaysia (BNM) has kept the overnight policy rate (OPR) unchanged at 3% as widely expected as it noted the continued expansion of the global economy and the sustained strength of domestic economic activities with inflation remaining "modest".</p>

<p>The benchmark interest rate decision was made&nbsp;by the Monetary Policy Committee (MPC) at its&nbsp;meeting on Wednesday, it said in a statement.</p>


Bank Negara leaves OPR unchanged at 3%

<p>Pharmaniaga Bhd (KL:PHARMA) has revised its regularisation plan, which aims to lift it out of Practice Note 17 (PN17) status, by adjusting the capital reduction and excluding warrants from its rights issue.</p>

<p>The proposed plan now includes a RM520 million capital reduction, as well as a rights issue set to raise up to RM353.516 million. Meanwhile, a RM300 million private placement proposed by the company remained unchanged.</p>


Pharmaniaga axes free warrants in RM654 mil fundraising plan, Boustead, LTAT may pump in RM194 mil

<p>Fraser &amp; Neave Holdings Bhd (KL:F&amp;N) has flagged that its cash flow will be affected by the delayed start of milk production at its integrated dairy farm in Gemas, Negeri Sembilan, due to the sudden suspension of imports of dairy cows from the US due to concerns over an avian flu outbreak. &nbsp;</p>


F&N flags cash flow impact from delayed milk production at Gemas farm due to suspension of heifer imports

<p>RHB Research anticipates Gamuda Bhd's (KL:GAMUDA) inclusion in the FBM KLCI, while Genting Malaysia Bhd (KL:GENM) and Genting Bhd (KL:GENTING) risk exclusion, ahead of the&nbsp;semi-annual review of the index's component stocks on Dec 5.</p>


RHB expects Gamuda's KLCI inclusion ahead of semi-annual review

<p>The government's decision to introduce mandatory Employees Provident Fund (EPF) contributions for foreign workers is meant to address the country's heavy dependence on foreign labour, while promoting fairness in the domestic labour market, said Finance Minister II Datuk Seri Amir Hamzah Azizan.&nbsp;</p>


Mandatory EPF contribution meant to reduce reliance on foreign workers, says Amir Hamzah

<p>SHANGHAI (Nov 5): Prime Minister Datuk Seri Anwar Ibrahim has extended an invitation to Jiangsu Longda Superalloy Co Ltd to expand its business into Malaysia.</p>


Anwar invites China’s Jiangsu Longda to expand biz into Malaysia

<p>KUALA LUMPUR (Nov 6): Plantation companies are projected to post higher quarter-on-quarter (q-o-q) earnings in their upcoming quarterly results, thanks to stronger output and improved performance within the oleochemical segment, said Hong Leong Investment Bank (HLIB).</p>


Planters set for higher quarterly earnings boosted by stronger output, oleochemical gains — HLIB

<p>Investors bought dollars, bitcoin and stocks, and sold bonds as Donald Trump claimed victory in the US presidential election and Republicans took control of at least one chamber of Congress.</p>

<p>US stock futures hit record highs, the dollar surged and Treasury yields jumped, while bitcoin broke US$75,000 for the first time — all moves flagged by investors as likely should Trump win over Democrat Kamala Harris.</p>


'Trump trade' surges as he claims victory

<p>Chinese investors and companies are showing&nbsp;greater interest in Malaysia, according to&nbsp;Prime Minister Datuk&nbsp;Seri Anwar Ibrahim.</p>

<p>“This is a very positive development,” he told the Malaysian&nbsp;media after holding a round-table session with over 20&nbsp;industry leaders here on Wednesday.</p>


Anwar sees rising interest in Malaysia among Chinese investors, companies

<p>Increased market volatility is expected in the near term due to the US presidential election, but the Federal Reserve's (Fed) decision&nbsp;following the Federal Open Market Committee meeting this Wednesday and Thursday is likely to have a more significant impact, said MIDF Research.</p>


Market volatility looms with US election, but Fed decision's impact more significant — MIDF

<p>KUALA LUMPUR (Nov 6): TMC Life Sciences Bhd (KL:TMCLIFE) said on Wednesday that it will begin construction of its integrated medical hub, Thomson Iskandar in Johor Bahru, by late 2025, with completion targeted for 2030.</p>


TMC revives Thomson Iskandar medical hub in JB, targets 2030 completion

<p>KUALA LUMPUR (Nov 6): Malaysia is set to launch a new investment incentive scheme by mid-2025, that aims to introduce stricter regulations for foreign investors to meet localisation requirements.</p>


Liew: Malaysia to introduce stricter localisation requirement for foreign investments

<p>Former attorney general Tan Sri Tommy Thomas has contended that there was no malice in prosecutions&nbsp;during&nbsp;his time as the AG, and that he was merely discharging his constitutional duties when preferring criminal charges, regardless of the accused's political standing.</p>


Tommy Thomas says no political prosecution when he was AG, only constitutional duties being discharged

<p>Malaysian military contractor Leonard Francis, also known as 'Fat Leonard', one of the main defendants in the US Navy's worst-ever corruption scandal, has been sentenced to 15 years of imprisonment, the US Attorney's Office in Southern District of California said on Wednesday.&nbsp;</p>
