<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 30): Metro Kajang Bhd managing director Tan Sri Eddy Chen has been appointed as the new chairman of Perbadanan PR1MA Malaysia, the Prime Minister's Office announced today. His appointment will take effect on Monday (Oct 1).</p></div>

<div class=newsTextDataWrapInner><p>He is replacing Tan Sri Alies Nor Abdul, who has resigned on June 1, the PMO said in a statement.</p></div>

<div class=newsTextDataWrapInner><p>Eddy Chen has wide experience in the real estate industry, in which he has been in for over three decades, the PMO said. Chen was also previously president of the Real Estate and Housing Developers Association (Rehda) between 1998 and 2002.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Together with Chen, three other new PR1MA board of directors have been appointed. They are: Datuk Faris Yahaya, Mohd Ali Abdul Karim, and Ahmad Shahrul Mohamed.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The three appointments will also take effect on Monday.</p></div>


KUALA LUMPUR (Sept 30): Metro Kajang Bhd managing director Tan Sri Eddy Chen has been appointed as the new chairman of Perbadanan PR1MA Malaysia, the Prime Minister's Office announced today. His appointment will take effect on Monday (Oct 1).

He is replacing Tan Sri Alies Nor Abdul, who...

Metro Kajang MD Eddy Chen is new PR1MA chairman

The sentence against Muar Member of Parliament Syed Saddiq Syed Abdul Rahman in his criminal case was not excessive, partly because as a lawmaker and an "idol" for youngsters, he should be held to a "higher standard", said the judge who convicted the young MP for misappropriation of party funds.

High Court: Sentence in Syed Saddiq's criminal case, which includes two strokes of the cane, not excessive

Sapura Energy Bhd (KL:SAPNRG) announced on Friday the impending departures of its chairman Datuk Mohammad Azlan Abdullah and chief executive officer Datuk Mohd Anuar Taib.

Sapura Energy announces departure of chairman and CEO

Casual wear giant Uniqlo is facing calls for a consumer boycott in China, after the chief executive officer of the clothing company's owner said it does not source cotton from the Chinese region of Xinjiang, which has faced allegations of forced labour in recent years.

Uniqlo risks boycott in China after CEO's Xinjiang comment

HONG KONG (Nov 28): A consortium including Starwood Capital Group and Warburg Pincus aims to finalise a deal to take ESR Group Ltd private in the coming weeks, valuing the Hong Kong-listed real estate fund manager at more than US$7 billion (RM31 billion), two sources said.

Consortium aims to seal ESR buyout at more than US$7b — Reuters

Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest bank by assets, said on Friday that its net profit rose 12% in the third quarter from a year earlier, thanks to operating income growth.

Public Bank’s 3Q net profit rises 12% as both interest, non-interest income grow

Britain's Transport Minister Louise Haigh has resigned, after pleading guilty to an offence in connection with misleading police over a work mobile phone she said was stolen in 2013, in another blow to Prime Minister Keir Starmer.

UK transport minister quits in new blow to PM Starmer

Protesters clashed with police in the capital of Georgia after the ruling party announced it was delaying talks with the European Union (EU) on the country’s potential membership in the bloc.

Georgian protesters clash with police after EU talks were frozen

Steel Hawk Bhd (KL:HAWK), an oil and gas services provider listed on the ACE Market on Sept 5, has secured five packages to provide construction and modification works for Petroliam Nasional Bhd (Petronas) and 27 of the national oil company’s downstream operating plant units.

ACE Market-listed Steel Hawk bags five construction and modification jobs from Petronas

KUALA LUMPUR (Nov 29): Mah Sing Group Bhd’s (KL:MAHSING) net profit for the third quarter jumped 20%, as lower costs more than offset declining revenue.

Mah Sing’s 3Q net profit up 20%, on track for RM2.5b sales target

A country’s development progress cannot be measured by economic indicators alone, but should also encompass social justice, human well-being, ecological balance, and peace, according to Sultan of Perak Sultan Nazrin Shah.

Indicators of development progress must go beyond economic growth, says Sultan Nazrin

<p>Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest bank by assets, said on Friday that its net profit rose 12% in the third quarter from a year earlier, thanks to operating income growth.</p>


<p>Capital A Bhd (KL:CAPITALA) slid in early trade on Friday after the aviation group's third-quarter results, which were mainly boosted by forex gains, came in below most analysts' expectations.</p>


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<p>Hextar Industries Bhd (KL:HEXIND) said on Friday it has signed an agreement to bring in Chinese coffee house chain Luckin Coffee to Malaysian shores.</p>


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<p>The sentence against Muar Member of Parliament Syed Saddiq Syed Abdul Rahman in his criminal case was not excessive, partly because as a lawmaker and an "idol" for youngsters, he should be held to a "higher standard", said the judge who convicted the young MP for misappropriation of party funds.</p>


<p>RHB Bank Bhd (KL:RHBBANK), the country’s fourth-largest lender by assets, announced that its third-quarter net profit grew 28% from a year earlier, as sharp currency gains of RM659.86 million boosted non-interest income.</p>


RHB Bank's 3Q earnings grow 28% 

<p>Shares of Supreme Consolidated Resources Bhd (KL:SUPREME) gained 48% in its trading debut on Friday after the frozen food processor’s initial public offering (IPO) on the ACE Market raised RM17.50 million.</p>


Supreme Consolidated surges 48% on ACE Market debut

<p>A port, a theme park and maybe even a Formula 1 race — those are just some of the things that one of Indonesia’s richest men believes can be hosted at his ambitious real estate project in North Jakarta.</p>


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<p>CelcomDigi Bhd (KL:CDB) on Friday named Dennis Chia as chief financial officer effective Jan 2, 2025 at the country’s largest mobile network operator by subscribers.</p>


CelcomDigi names ex-StarHub CFO Dennis Chia as new finance chief

<p>Shares of Tenaga Nasional Bhd (KL:TENAGA) fell on Friday to their lowest in nearly four months, after the national electric utility reported weaker-than-expected third-quarter earnings.</p>


TNB falls to near four-month low on weaker-than-expected 3Q

<p>KUALA LUMPUR (Nov 29): Maybank Asset Management Sdn Bhd (Maybank AM)&nbsp;has launched the&nbsp;MAMG Alpha Capital &amp; Income Opportunities Fund&nbsp;to enhance diversification, and deliver both income and capital growth.&nbsp;</p>


Maybank Asset Mgmt partners Fidelity Int’l to launch multi-asset fund

<p>KUALA LUMPUR (Nov 29): Shares of Axiata Group Bhd (KL:AXIATA) rose to a one-month high on Thursday, as investors welcomed a better-than-expected third quarter, while&nbsp;analysts stayed divided amid earnings uncertainties ahead.</p>


Axiata shares rise to one-month high after better-than-expected 3Q, analysts still divided

<p>KUALA LUMPUR (Nov 29): CIMB Group Holdings Bhd (KL:CIMB) is expected to achieve its return on equity (ROE) target for 2024, after its 3QFY2024 results exceeded expectations, analysts said on Friday.</p>


CIMB on track to meet ROE target after 3Q results beat estimates

<p>Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan (BOJ).</p>


Asian shares slip, yen aims for best week in four months on BOJ hike bets

<p>(Nov 29):&nbsp;A return to profitability in e-commerce for Sea Ltd&nbsp;has analysts turning even more bullish on its stock, after a rally that has added US$43 billion (RM190.9 billion) to its market value so far this year.</p>


Sea’s profit draws bullish analyst calls after US$43b rally

<p>Australia’s controversial new law barring under-16s from social media is one of the toughest crackdowns yet on platforms including Facebook and TikTok as governments worldwide grasp for ways to protect children from harmful content.</p>


TikTok, Meta brace for Australian social media ban fallout

<p>The yen extended gains through the key psychological level of 150 against the dollar as the market priced in a greater chance of the yield gap between the US and Japan narrowing next month.</p>


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<p>France’s benchmark bond yield matched Greece’s for the first time on record, the latest milestone in a week marked by mounting anxiety over the fate of Prime Minister Michel Barnier’s government.</p>


French 10-year borrowing costs match Greece’s for first time

<p>International coffee traders are on tenterhooks after Brazil-based traders Atlantica and Cafebras sought to negotiate with creditors in court, having been hit by a surge in global arabica prices.</p>


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<p>European bond issuance has reached a record-breaking €1.705 trillion (US$1.8 trillion or RM8.02 trillion) this year, passing the high-water mark previously set in 2020.&nbsp;</p>


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<p>K-pop superstars NewJeans pulled the plug on their partnership with Hybe Co, escalating an unprecedented uprising that’s transfixed South Korea, wiping out as much as 7% of the studio’s value on Friday.</p>
