<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 4): Malakoff Corp Bhd said today that its chief operating officer Habib Husin has retired at age 60, effective Feb 1.</p></div>

<div class=newsTextDataWrapInner><p>This marks the end to Habib’s second stint as COO in Malakoff, which commenced on Dec 1, 2017. In total, Habib has served the group for over 21 years.</p></div>

<div class=newsTextDataWrapInner><p>Prior to that, Habib has held the COO position back in 2010, before he was redesignated as executive vice president of operations in 2015.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Malakoff shares gained 2.5 sen or 3.05% to close at 84.5 sen today, giving it a market capitalisation of RM4.23 billion.</p></div>


KUALA LUMPUR (Feb 4): Malakoff Corp Bhd said today that its chief operating officer Habib Husin has retired at age 60, effective Feb 1.

This marks the end to Habib’s second stint as COO in Malakoff, which commenced on Dec 1, 2017. In total, Habib has served the group for over 21 years.

Malakoff COO Habib Husin retires

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As court payment counters closed for the day, imprisoned former prime minister Datuk Seri Najib Razak has yet to pay the RM50 million fine which would pave the way for him to start serving the remainder of his prison sentence at home.

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The Malaysian Anti-Corruption Commission (MACC) has arrested three individuals, including a Datuk, for allegedly offering about RM1 million in bribes to police personnel.

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THE Lees of IOI Corporation (KL:IOICORP), with its sprawling plantation and property interests, are a high-profile family in Malaysia. Until recently, IOI Properties Group (IOIPG), the conglomerate’s Bursa-listed property arm, had remained relatively unknown in Singapore. 

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<p>Tan Sri Muhammad Shafee Abdullah, the lead defence counsel for imprisoned Datuk Seri Najib Razak, said that he has no knowledge of rumours that the former prime minister is expected to pay the RM50 million fine on Wednesday, which would pave the way for Najib to start serving his house arrest.</p>


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<p>Global stocks swung between gains and losses on Wednesday as investors weighed the prospects of tougher regulation, higher taxes and oversight of areas such as artificial intelligence (AI)&nbsp;and cryptocurrencies, after the Democratic Party swept the US midterm elections.</p>


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<p>Local independent palm oil millers could face a hard time selling their crude palm oil (CPO) over the next two months as refineries move to halt deliveries amid record-high inventories, according to industry sources.</p>


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<p>Princeton Digital Group (PDG) has secured US$1.3 billion (RM5.3 billion) in green financing for its JH1 campus in Johor.</p>


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<p>The Youth and Sports Ministry will not approve the Hyrox Kuala Lumpur 2026 event, scheduled to take place from Dec 10 to 13, unless the sponsorship from an alcoholic beverage company is withdrawn entirely.</p>


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<p>Rakuten Trade has resumed online buy and sell order placement for Bursa Malaysia stocks through its iSPEED.my app.</p>


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<p>IOI Corp Bhd (KL:IOICORP) is looking to lease out more of its plantation land for solar projects as it seeks to diversify its income streams beyond palm oil, said group managing director and CEO Datuk Lee Yeow Chor.</p>
