<div class=newsTextDataWrapInner>KUALA LUMPUR (May 31): Tan Sri Mokhzani Mahathir has resigned today as the executive chairman of Opcom Holdings Bhd.</div>

<div class=newsTextDataWrapInner>The 58-year-old announced in an exchange filing that his retirement, effective tomorrow, is due to "personal reasons".</div>

<div class=newsTextDataWrapInner>Mokhzani, who is the second son of the Prime Minister Tun Dr Mahathir Mohamad, was appointed to Opcom's board ten years ago.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Separately, Datuk Seri Mukhriz Mahathir, who is brother to Mokhzani and a major shareholder in Opcom, disposed of 2.57 million Opcom shares, trimming his direct stake in the fibre optic cable company to 21.685% as at today.</div>

<div class=newsTextDataWrapInner>Mukhriz is also presently Menteri Besar of Kedah and deputy president of Parti Pribumi Bersatu Malaysia.</div>

<div class=newsTextDataWrapInner>Shares in Opcom closed one sen or 1.67% lower today at 59 sen. At its current price, Opcom is valued at RM95.14 million.</div>

Tan Sri Mokhzani Mahathir has resigned today as the executive chairman of Opcom Holdings Bhd.

The 58-year-old announced in an exchange filing that his retirement, effective tomorrow, is due to "personal reasons".

Mokhzani steps down as Opcom chairman

US consumer confidence increased in November to the highest level in more than a year on optimism about the economy and labour market in the wake of Donald Trump’s election victory.

US consumer confidence rises to highest in more than a year

The benchmark S&P 500 and the Nasdaq extended recent gains on Tuesday, as technology stocks rebounded, while investors parsed Donald Trump's tariff pledges on top trade partners and awaited minutes from the Federal Reserve's latest meeting.

S&P 500, Nasdaq advance ahead of Fed minutes; markets analyse Trump's tariff threats

Key Opec+ nations have begun discussions to delay the oil production restart planned for January, potentially for several months, delegates said.

The nations doubt that they can go ahead with the 180,000 barrel-a-day increase currently scheduled for January, and may also need to postpone further hikes planned for the following months, amid signs of a global oversupply, said the delegates, who asked not to be identified as the talks are private.

Opec+ begins talks on delaying oil production restart again

The Canadian dollar and Mexican peso slumped on Tuesday after President-elect Donald Trump said he would impose tariffs on products from Canada, Mexico and China, sparking volatility as investors braced for trade spats.

Currency markets swing as Trump tariff vow jolts Canada and Mexico

Manchester United on Tuesday reported a smaller adjusted net loss for the first quarter of 2025, helped by cost cuts and benefits from favourable exchange rates.

Manchester United posts smaller first-quarter loss on cost cuts

The Ministry of Communications has urged expediting the completion of mobile service provisioning under Phase 1 of the National Digital Network (Jendela) initiative, especially since it was supposed to be completed in October 2024.

Fahmi calls for building of towers under Jendela Phase 1 to be speeded up

French cognac maker Hennessy has suspended a plan to bottle its brandy in China to avoid import tariffs, staff briefed by management said on Tuesday, after hundreds of workers went on strike last week to protest the move.

Hennessy suspends plan to bottle cognac in China, say staff

MEXICO CITY (Nov 25): Mexican President Claudia Sheinbaum said on Tuesday she would send a letter to U.S. President-elect Donald Trump, urging dialogue and cooperation following his pledge of across-the-board tariffs of 25% on Mexico and Canada.

"To one tariff will come another and so o...

Mexican president tells Trump tariffs will worsen inflation, kill jobs

The government has targeted oil palm replanting on 77,000 hectares of land over the next five years (2025–2029) to ensure the palm sector remains sustainable and competitive through the implementation of an oil palm replanting programme, specifically among smallholders.

Plantation ministry sets sights on oil palm replanting across 77,000 hectares over next five years

(Nov 25): UK-based Vertical Aerospace and Mudrick Capital have signed a non-binding term sheet under which the investor will convert half of its outstanding convertible debt to equity and extend the repayment date on the remainder to December 2028, the air-taxi maker said.

Mud...

Air-taxi maker Vertical signs tentative funding deal with investor, extends cash runway

Penang Development Corporation (PDC) has rejected an RM818 million bid by a tripartite consortium led by IJM Corporation Bhd (KL:IJM) to develop the Batu Kawan Industrial Park 2 in Penang, Free Malaysia Today (FMT) reported.

Penang Development Corp rejects RM818 mil bid by IJM-led consortium to develop Batu Kawan industrial park — report

Malayan Banking Bhd (KL:MAYBANK), the country’s largest bank by assets, on Tuesday reported that its quarterly net profit rose 7.6% from a year earlier, as non-interest income growth offset a decline in net interest income.

Maybank's 3Q net profit edges up 7.6% as non-interest income rise offsets decline in interest revenue

The net profit of YTL Corp Bhd (KL:YTL) fell by more than a third in the first quarter of its financial year, as contributions from its utilities business, represented by its 55.57% stake in YTL Power International Bhd (KL:YTLPOWR) declined.

YTL Corp’s net profit falls 36% in 1Q as YTL Power’s earnings decline

The Public Accounts Committee (PAC) has found that Mara Incorporated Sdn Bhd (Mara Inc) purchased&nbsp;overvalued properties in London and Australia&nbsp;in&nbsp;2013 and 2014.

Mara Inc bought overvalued properties in London and Melbourne — PAC

PLAGUED by an oversupply glut, Lotte Chemical Titan Holding Bhd (LC Titan) (KL:LCTITAN) is facing its toughest challenge since relisting on Bursa Malaysia in July 2017. Analysts are of the view that “noting much can be done for the time being, except to wait for polymer prices to rebound”.
...

Lotte Chemical Titan’s tough time to continue as no signs of petrochemical supply-demand dynamics improving, say analysts

Shares of MBM Resources Bhd (KL:MBMR) broke another new record high on Tuesday, as the company declared a special dividend following better-than-expected results.

MBM Resources' shares touch new highs on special dividend; analysts wary of further upside

Malaysia's national electricity utility Tenaga Nasional Bhd (KL:TENAGA) is owed more than RM1 billion in arrears from over 600,000 accounts at the end of September which have been disconnected.

Tenaga is owed more than RM1 bil from over 600,000 accounts in arrears

Youth and Sports Minister Hannah Yeoh Tseow Suan disagreed with the notion that her autobiography titled&nbsp;Becoming Hannah: A Personal Journey&nbsp;had caused uneasiness among Muslims, as the book had been read by Muslims and non-Muslims alike, and added that the Home Ministry had not banned her book.

Hannah Yeoh: My autobiography did not cause uneasiness among Muslims

The Ministry of Finance (MOF) announced on Tuesday that it has decided to register MyData Informatica Sdn Bhd and One Future Solutions Sdn Bhd as new credit reporting agencies.

MOF announces MyData Informatica and One Future Solutions as credit reporting agencies

Pharmaniaga Bhd (KL:PHARMA) on Tuesday reported that it has turned around in the third quarter thanks to higher sales and the reversal of penalty charges from the government.

Pharmaniaga turns around in 3Q, expects strong close to 2024

Huawei Technologies Co will from next year strip its smartphones and tablets of Google’s open-source Android and move devices to homegrown software, broadcasting its ambitions to pivot away from US technology.

Huawei drops Android from gadgets next year in China tech pivot

China's electric vehicle giant BYD said it will launch a new generation of blade batteries in 2025, Chinese state media CGTN reported on Saturday.

BYD says it will launch new generation of blade batteries next year

Malayan Cement Bhd (KL:MCEMENT), a unit of conglomerate YTL Corp Bhd (KL:YTL), saw its net profit rise 45% to a record high of RM139.44 million for the first quarter ended Sept 30, 2024 (1QFY2025) against RM96.10 million a year earlier, despite marginal revenue growth.

Malayan Cement kicks off FY2025 with record profit in 1Q

Eastern &amp; Oriental Bhd (KL:E&amp;O) on Tuesday declared a special dividend, even as the property developer’s net profit only edged up slightly in the second financial quarter from a year earlier.

E&O declares special dividend of one sen, 2Q net profit up 2.2%

Malaysia's digital economy is poised to reach US$31 billion (RM138.4 billion) in gross merchandise value (GMV) in 2024, an increase of 16% from 2023.

According to the latest e-Conomy Southeast Asia (SEA) 2024 by Google, Temasek and Bain &amp; Company, the country's digital economy has progressed towards profitability while maintaining double-digit growth for GMV.

Malaysia's digital economy to reach US$31 bil in 2024 — report

Kuala Lumpur Kepong Bhd (KL:KLK) reported a record low net profit for its fourth quarter, dragged by non-cash losses and an inventory write-down related to its investment in UK-listed speciality chemicals company, Synthomer Plc.

The losses and impairment at Synthomer, coupled with lower manufacturing and property development profits, pulled Batu Kawan Bhd (KL:BKAWAN), which owns 47% in KLK, into the red in the same quarter.

Batu Kawan falls into the red as KLK reports record low profit on one-off losses, impairments

Analysts are positive on IJM Corporation Bhd’s (KL:IJM) investment in JRL Group Holdings Ltd, as the move is expected to strengthen its presence in the UK construction sector. &nbsp;

Analysts positive on IJM Corp's investment in JRL as it paves way to UK construction jobs

SDS Group Bhd (KL:SDS), a Johor-based manufacturer and retailer of bakery products, is on a roll with its financial performance.

Buoyed by a steady expansion of its retail outlets and wholesale distribution network, the homegrown confectionary specialist’s net profit has grown steadily ...

SDS Group rolls out record profits

President-elect Donald Trump on Monday pledged&nbsp;tariffs&nbsp;on the US' three largest trading partners — Canada, Mexico and China — detailing how he will implement campaign promises that could trigger trade wars.

Trump's tariff pledge spells trouble for auto and tech companies

Sunway Bhd (KL:SUNWAY) posted a net profit of RM376.08 million for the third quarter ended Sept 30, 2024 (3QFY2024), more than doubled than a year ago when it registered RM180.3 million, on stronger operating performance across its core businesses.