<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 29): Can-One Bhd has promoted Marc Francis Yeoh Min Chang to managing director (MD) of the company from Oct 1.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia today, Can-One said Yeoh, 32, is currently the chief operating officer of Can-One.</p></div>

<div class=newsTextDataWrapInner><p>He is the son of Yeoh Jin Hoe, who is the non-executive director and major shareholder of Can-One. He is also the nephew of Can-One non-executive director Yeoh Jin Beng.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Prior to Can-One, Marc was working for Axiata Group Bhd serving in various senior positions abroad from 2007 to 2010. He is also an executive director of Aluminium Co of Malaysia Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Can-One shares closed up 3 sen or 1% to RM2.93 today, for a market capitalisation of RM563 million.</p></div>


KUALA LUMPUR (Sept 29): Can-One Bhd has promoted Marc Francis Yeoh Min Chang to managing director (MD) of the company from Oct 1.

In a filing with Bursa Malaysia today, Can-One said Yeoh, 32, is currently the chief operating officer of Can-One.

He is the son of Yeoh Jin Hoe, w...

Marc Francis Yeoh promoted to MD of Can-One

(Nov 19): The value of a downtown Los Angeles tower owned by an affiliate of Brookfield Asset Management Ltd. was slashed 69%, the latest sign of troubles for offices in US central business districts.

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HONG KONG (Nov 19): China’s vice premier He Lifeng said on Tuesday that Beijing will support more “quality enterprises” to list and issue bonds in Hong Kong.

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Super Micro Computer on Monday named BDO USA as its auditor and said it has submitted a plan to the Nasdaq seeking additional time to regain compliance with the listing rules, sending its shares surging 25% in extended trading.

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KUALA LUMPUR (Nov 19): The issue of tertiary-educated workers in Malaysia working in low-skilled jobs, the controversy surrounding the National Farmers Organisation (Nafas) and congestion at Bangunan Sultan Iskandar (BSI), Johor and the Kuala Lumpur International Airport (KLIA) will be the focus of Tuesday’s Dewan Rakyat sitting.

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<p>Here is a brief recap of some corporate announcements that made the news on Monday.</p>


CelcomDigi, Ajinomoto, Master Tec, TMC Life Sciences, Perak Transit, UEM Sunrise, EA Technique, AWC, Johor Plantations, Berjaya Corp, REDtone, Mercury Industries, TCS Group, MMAG, Pecca, and OM Holdings

<p>An estimated 620,000 jobs across 10 key sectors of the Malaysian economy are at risk of convergence of displacement if they do not reskill or pivot to an adjacent role, based on a study on the impact of artificial intelligence (AI), digital technology, and the green economy on the Malaysian workforce.</p>


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<p>The new leadership change in the US is expected to affect the global trade landscape, particularly in trade relations between the US and China.</p>

<p>The Ministry of Investment, Trade and Industry (Miti) said that should the geopolitical issues continue, there is a greater opportunity for other countries such as Malaysia to become alternative destinations for multinational companies to increase or start their investments.</p>


US-China trade war can boost Malaysia's chances to be multinational investment destination — Miti

<p>Pharmaceutical company YSP Southeast Asia Holding Bhd (KL:YSPSAH)’s net profit fell 41.9% to RM3.47 million in the third quarter ended Sept 30, 2024 (3QFY2024), from RM5.98 million a year ago, dragged by foreign exchange (forex) loss and lower sales.</p>


YSP's 3Q profit falls 42% on forex losses, lower sales

<p>Wall Street's main indexes were mixed on Monday, as investors looked ahead to earnings from AI-chip leader Nvidia following a rout the previous week on apprehensions about Donald Trump's cabinet appointments and the central bank's policy path.</p>


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<p>Industrial automation and power systems provider Swift Energy Technology Bhd has entered into an underwriting agreement with M&amp;A Securities Sdn Bhd for its initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.</p>


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<p>Apple Inc has increased its offer to invest in Indonesia by almost tenfold, according to people familiar with the matter, in the US tech giant’s latest bid to persuade the government to lift its sales ban on the iPhone 16.</p>


<p>The government will continue to provide incentives for the development of electric vehicle (EV) charging infrastructure, even though these incentives were not specifically mentioned in Budget 2025.</p>


Miti: Govt provides incentives for EV charging infrastructure development

<p>US&nbsp;President Joe Biden pledged a US$4 billion (RM17.8 billion) US contribution to the World Bank's International Development Association fund for the world's poorest countries, a senior Biden administration official said on Monday.</p>


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<p>Asian equities are poised to track Wall Street stocks higher as treasuries halted a selloff that drove 10-year yields near 4.5%. Traders were also closely watching news around President-elect Donald Trump’s administration.</p>


Asian stocks set to track us higher as US bonds gain

<p>An undersea data cable connecting Finland and Germany was severed in the early hours of Monday by what was likely an external impact, authorities in the Nordic country said.</p>

<p>The 1,200km (750-mile) high-speed fibre optic Helsinki-Rostock link serving data centres is damaged in the Baltic Sea east of southern Sweden, and there’s a high likelihood that it’s completely cut as all of its fibre connections are down, executives of its owner and operator Cinia Oy said at a news conference.</p>


Finland says subsea Germany link serving data centres is cut

<p>Jadi Imaging Holdings Bhd (KL:JADI) has proposed a share capital reduction to wipe out RM63 million of the company’s accumulated losses.</p>


Jadi Imaging proposes RM63 mil share capital reduction

<p>Donald Trump's social media company is in advanced talks to buy crypto trading firm Bakkt, the <i>Financial Times</i> reported on Monday, citing two people with knowledge of the talks.</p>


Trump's social media group in talks to buy Bakkt — FT

<p>Stocks climbed as treasuries halted a selloff that drove 10-year yields near 4.5%, with traders keeping a close eye on news around President-elect Donald Trump’s administration.</p>


Nasdaq 100 halts five-day slide as US treasuries gain

<p>The government has introduced various initiatives and incentives to enhance the capacity of the local automotive industry, aiming to increase exports of vehicles, including spare parts and components, according to the Ministry of Investment, Trade, and Industry (Miti).</p>


Govt offers various initiatives, incentives to drive local automotive industry, says Miti

<p>Exchange-traded funds that buy Chinese stocks continue to see outflows amid rising concerns over the nation’s growth outlook and the risk of new tariffs under a Donald Trump administration.</p>


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<p>Oil prices rose on news on Monday that output at Norway's giant Johan Sverdrup oilfield has been halted, adding to earlier gains stemming from escalation in the Russia-Ukraine war.</p>


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<p>Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the world’s biggest tech companies.</p>


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<p>Singapore police ended their pursuit of 15 people involved in the country’s largest-ever money laundering scandal, after the suspects agreed to surrender a total of S$1.85 billion (US$1.4 billion or RM6.26 billion) worth of assets to authorities.</p>


Singapore ends pursuit of money launderers who forfeited US$1.4b

<p>A German court said on Monday that Facebook users whose data was illegally obtained in 2018 and 2019 were eligible for compensation.</p>
