<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 8): Hovid Bhd has received the manufacturing licence for its pharmaceutical facility in Ipoh, Perak, from Malaysia's Health Ministry after Hovid complied with the ministry's regulations.</p></div>

<div class=newsTextDataWrapInner><p>Hovid said this in a statement to Bursa Malaysia today. The ministry revoked the licence for the facility along Jalan Tunku Abdul Rahman in January this year.</p></div>

<div class=newsTextDataWrapInner><p>Today, Hovid said: "The (re-issued) licence is valid from May 5, 2017, to be renewed three months prior to the expiry date on Dec 31, 2017."</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>On Jan 9 this year, Hovid said the ministry revoked the manufacturing licences of Hovid's two facilities in Perak due to non-compliance with the regulator's good manufacturing practice.</p></div>

<div class=newsTextDataWrapInner><p>Besides the Ipoh facility, Hovid said the ministry also revoked the licence for the facility along Jalan Ipoh/Chemor in Chemor.</p></div>

<div class=newsTextDataWrapInner><p>On March 6, Hovid said the ministry re-issued the licence for the Chemor facility. The company said the licence would be valid from March 6 to Dec 31 this year.</p></div>

<div class=newsTextDataWrapInner><p>Today, Hovid's share trade was suspended between 10:56am and 11:56am in conjunction with the Ipoh facility's licence re-issuance announcement.</p></div>

<div class=newsTextDataWrapInner><p>At 12:30pm, Hovid shares rose 0.5 sen or 1.39% to settle at 36.5 sen for a market value of RM299.49 million. The stock saw 9.71 million shares traded.</p></div>

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KUALA LUMPUR (May 8): Hovid Bhd has received the manufacturing licence for its pharmaceutical facility in Ipoh, Perak, from Malaysia's Health Ministry after Hovid complied with the ministry's regulations.

Hovid said this in a statement to Bursa Malaysia today. The ministry revoked the l...

Malaysia re-issues Hovid's pharmaceutical manufacturing licence

Shares of Bloks Group Ltd, the popular Chinese maker of Ultraman and Transformers figurines, surged 82% in their Hong Kong trading debut after the company’s US$215 million (RM966.68 million) initial public offering (IPO) drew overwhelming demand from individual investors.

Ultraman toymaker Bloks jumps 82% in HK after frenzy over IPO

Outgoing US Vice-President Kamala Harris has decided to cancel her upcoming trip to Singapore, Bahrain and Germany due to wildfires in Los Angeles and around it, the White House said in a statement, reported Sputnik/RIA Novosti.

Harris cancels upcoming trip to Singapore, Bahrain and Germany due to Los Angeles wildfires

Wall Street futures fell in Asia and treasury yields held near eight-month highs on Friday as investors counted down to a US jobs report that could exacerbate or ease the sell-off in the global bond market.

Stocks fall, US yields near eight-month highs ahead of jobs data

Japanese household spending fell at a slower pace than expected in November, government data showed on Friday, but the broader consumption trend remained soft, weighed by higher prices.

Japan November household spending falls as price pressures persist

China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds, triggering a jump in yields across tenors.

China's central bank halts treasury bond buying citing short supply

Japan's Prime Minister Shigeru Ishiba, currently on a two-day official visit to Malaysia, was accorded a formal welcoming ceremony at the Perdana Putra Complex on Friday.

Japanese PM accorded official welcome at Perdana Putra

Airbus SE expects to return to delivery levels last seen before the pandemic in the “foreseeable future” as the planemaker presses its advantage against a weakened rival Boeing Co and benefits from surging aircraft demand.

Airbus says return to pre-Covid delivery highs is within reach

Hong Kong’s residential property market is set to finally turn a corner after a three-year slump as lower interest rates draw more buyers, according to analysts. Just don’t expect prices to grow much.

Hong Kong housing analysts predict a market bottom this year

Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs on the metals as part of a broader escalation of his global trade war.

Tariff fears spark disconnect in silver and copper markets

MORNING CALL: 10/1/25

<p>Malaysia’s benchmark FBM KLCI registered a strong 12.58% gain in 2024 — marking its best performance in 14 years — as the country saw a sharp recovery in investor sentiment after a prolonged period of political uncertainties, lifted by strong investment activity and trade activities.</p>


2025 outlook: The key sectors to watch

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EVENING 5: Five things you need to know today

<p>Carzo Holdings Bhd, a fruit supplier listed on the LEAP Market, said its wholly-owned subsidiary Carzo Import (M) Sdn Bhd and its director have been sued by a China-based supplier over an outstanding payment of US$117,470.50 for fruits supplied to Carzo Import.</p>


Fruit supplier Carzo sued by China-based supplier over unsettled debt

<p>Senior political secretary to the Prime Minister Datuk Seri Shamsul Iskandar Mohd Akin has urged all parties to stop politicising the issue of an additional document regarding Datuk Seri Najib Razak’s purported house arrest.</p>


Shamsul Iskandar urges all parties not to politicise issue of additional document

<p>Wall Street futures fell in Asia and treasury yields held near eight-month highs on Friday as investors counted down to a US jobs report that could exacerbate or ease the sell-off in the global bond market.</p>


<p>Health Minister Datuk Seri Dr Dzulkefly Ahmad on Thursday stressed the need for the government to invest more in preventive measures and focus on social determinants of health (SDH) to create a healthier population in Malaysia.</p>


Govt need to invest more in preventive measures, social determinants of health — Dzulkefly

<p>Money manager Mario Gabelli is asking a judge to make the film and TV company Paramount Global hand over files about its merger with Skydance Media so investors can tell what controlling stockholder Shari Redstone is getting in the deal and whether it’s fair.</p>


Gabelli pushes Paramount for files in fight over Skydance deal

<p>Japan's Prime Minister Shigeru Ishiba, currently on a two-day official visit to Malaysia, was accorded a formal welcoming ceremony at the Perdana Putra Complex on Friday.</p>


<p>Several Federal Reserve officials confirmed Thursday the US central bank will likely hold interest rates at current levels for an extended period, only cutting again when inflation meaningfully cools.&nbsp;</p>

<p>Boston Fed President Susan Collins said Thursday a slower approach to adjusting interest rates is merited now as officials confront “considerable uncertainty” over the US economic outlook.</p>


Fed officials signal interest rates likely on hold for a while

<p>India’s Tata Consultancy Services Ltd (TCS) reported earnings that missed analysts’ estimates, signalling overseas clients are still cautious in betting big on information technology (IT) projects.</p>


Tata Consultancy Services misses estimates in sign IT spending yet to pick up

<p>Global air cargo markets saw robust growth in demand in November 2024, with cargo tonne-kilometres surging by 8.2% compared to a year earlier, according to the International Air Transport Association (IATA).</p>

<p>This marked the 16th consecutive month of growth, it said in a statement on Thursday.</p>


Global air cargo and passenger demand up by over 8% in November — IATA

<p>The world’s biggest bond market halted a selloff that roiled trading around the globe, with investors gearing up for jobs data that will help shape the outlook for Federal Reserve rates.</p>

<p>Treasuries stabilized after a rout that drove 30-year yields to the highest since 2023.</p>


Bond traders see jobs testing hawkish Fed pricing

<p>UBS is set to pay a minimum of hundreds of millions of dollars to settle Credit Suisse's violations of an earlier agreement with the US Department of Justice over customers in the US who evaded tax, the <i>Wall Street Journal</i> reported on Thursday.</p>


UBS nears settlement over Credit Suisse tax evasion case — report

<p>Airbus SE expects to return to delivery levels last seen before the pandemic in the “foreseeable future” as the planemaker presses its advantage against a weakened rival Boeing Co and benefits from surging aircraft demand.</p>


<p>Hong Kong’s residential property market is set to finally turn a corner after a three-year slump as lower interest rates draw more buyers, according to analysts. Just don’t expect prices to grow much.</p>


<p>Japanese household spending fell at a slower pace than expected in November, government data showed on Friday, but the broader consumption trend remained soft, weighed by higher prices.</p>


<p>China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds, triggering a jump in yields across tenors.</p>


<p>Copper and silver futures in New York are surging above rival international price benchmarks as traders ramp up bets that Donald Trump will impose hefty import tariffs on the metals as part of a broader escalation of his global trade war.</p>
