<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 20): Panasonic Manufacturing Malaysia Bhd announced that its plant in Seksyen 23, Shah Alam (SA2) was affected by the flood over the weekend.</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing on Monday (Dec 20), the group said the production of fan and vacuum cleaners is disrupted for the time being and the company will need a week to assess the conditions of the machines and equipment that were affected by the flood waters.</p></div>

<div class=newsTextDataWrapInner><p>“The company has been informed that some of its suppliers were also affected by the flooding.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“The company is unable to immediately assess the exact impact of this recent event to the financial results for the third quarter ending Dec 31, 2021 (3QFY21). &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>“The assets at SA2 Plant are adequately covered by insurance. The operations of the other plant at Seksyen 15, Shah Alam has not been affected,” it said.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Panasonic settled 40 sen or 1.37% higher at RM29.50, valuing the company at RM1.79 billion.</p></div>


Panasonic Manufacturing Malaysia Bhd announced that its plant in Seksyen 23, Shah Alam (SA2) was affected by the flood over the weekend.

In a Bursa Malaysia filing on Monday (Dec 20), the group said the production of fan and vacuum cleaners is disrupted for the time being and the company will need a week to assess the conditions of the machines and equipment that were affected by the flood waters.

Panasonic says Shah Alam Seksyen 23 plant affected by flood

The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a release on Sunday from the country’s Department for Business and Trade.

UK joins CPTPP trade pact as fully-fledged member

The founder and owner of fashion empire Mango, Isak Andic, died on Saturday in a mountain accident, police said. He was 71.

Mango fashion tycoon Andic dies in mountain accident

Selangor Menteri Besar Datuk Seri Amirudin Shari stressed that he will remain in the state until the end of this term to ensure the stability of the economy and the unity government.

Amirudin says will remain Selangor MB until end of term 

A US appeals court judge has taken the rare step of revoking his decision to retire from active service on the bench, depriving Republican President-elect Donald Trump of the ability to fill a judicial vacancy.

US appeals court judge rescinds retirement after Trump's win

US President-elect Donald Trump has in recent weeks expressed a keen interest in privatising the US Postal Service, the Washington Post reported on Saturday, citing three people with knowledge of the matter.

Trump considers privatising US Postal Service — report

Russia has begun using North Korean troops in significant numbers for the first time to conduct assaults on Ukrainian forces battling to hold an enclave in Russia's Kursk region, President Volodymyr Zelenskiy said on Saturday.

North Korean troops join Russian assaults in significant numbers, Kyiv says

President-elect Donald Trump said he’s appointing Devin Nunes, the chief executive officer of his Truth Social platform, to head a presidential advisory board that he said will keep tabs on the US intelligence community.

Trump names Nunes to head intelligence board, Grenell as special envoy

A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve.

The 24 hours of rate cuts that end year of global central-bank easing

Subang Parade, the iconic shopping centre of the 1980s and 90s will be undergoing asset enhancement to meet the growing demands of its customers and stay relevant to the community. Real estate investment trust Hektar REIT acquired the property in 2006 and has upgraded the mall over time. The latest exercise sees it setting aside RM41 million to upgrade the mall while retaining its charm.

Revitalising a Subang Jaya icon

KUALA LUMPUR (Dec 15): In the heart of Paris’ 1st arrondissement, along rue Cambon, a young Gabrielle “Coco” Chanel fell in love with Hangzhou — albeit from a distance. It was the 1910s when the designer first chanced upon antique coromandel lacquer screens with her inamorato, Arthur “Boy” Capel....

Eastern evocation

<p>Subang Parade, the iconic shopping centre of the 1980s and 90s will be undergoing asset enhancement to meet the growing demands of its customers and stay relevant to the community. Real estate investment trust Hektar REIT acquired the property in 2006 and has upgraded the mall over time. The latest exercise sees it setting aside RM41 million to upgrade the mall while retaining its charm.</p>


<p>A year when inflation subsided enough for monetary policy easing to start in most advanced economies is about to conclude with a 24-hour flurry of decisions led by the Federal Reserve.</p>


<p>US President-elect Donald Trump has in recent weeks expressed a keen interest in privatising the US Postal Service, the <em>Washington Post</em> reported on Saturday, citing three people with knowledge of the matter.</p>


<p>The founder and owner of fashion empire Mango, Isak Andic, died on Saturday in a mountain accident, police said. He was 71.</p>


<p>Russia has begun using North Korean troops in significant numbers for the first time to conduct assaults on Ukrainian forces battling to hold an enclave in Russia's Kursk region, President Volodymyr Zelenskiy said on Saturday.</p>


<p>KUALA LUMPUR (Dec 15): In the heart of Paris’ 1st arrondissement, along rue Cambon, a young Gabrielle “Coco” Chanel fell in love with Hangzhou — albeit from a distance. It was the 1910s when the designer first chanced upon antique coromandel lacquer screens with her inamorato, Arthur “Boy” Capel....

<p>Selangor Menteri Besar Datuk Seri Amirudin Shari stressed that he will remain in the state until the end of this term to ensure the stability of the economy and the unity government.</p>


<p>A US appeals court judge has taken the rare step of revoking his decision to retire from active service on the bench, depriving Republican President-elect Donald Trump of the ability to fill a judicial vacancy.</p>


<p>President-elect Donald Trump said he’s appointing Devin Nunes, the chief executive officer of his Truth Social platform, to head a presidential advisory board that he said will keep tabs on the US intelligence community.</p>


<p>The UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, according to a release on Sunday from the country’s Department for Business and Trade.</p>
