<div class=newsTextDataWrapInner>SINGAPORE (Sept 20): Poh Tiong Choon Logistics has received a S$1.30 per share takeover offer from its chairman for all the issued and paid-up ordinary shares.</div>

<div class=newsTextDataWrapInner>With 212 million shares on issue, the offer price values the land transport provider at S$276 million.</div>

<div class=newsTextDataWrapInner>Respond Logistics is the takeover vehicle by chairman Poh Choon Ann and... <a href="https://www.theedgesingapore.com/poh-tiong-choon-gets-130-share-offer-chairman" target="_blank">(Click here to read the full story.)</a></div><div class=inPageAd id=div-gpt-ad-inpage></div>

SINGAPORE (Sept 20): Poh Tiong Choon Logistics has received a S$1.30 per share takeover offer from its chairman for all the issued and paid-up ordinary shares.

With 212 million shares on issue, the offer price values the land transport provider at S$276 million.

Respond Logist...

Poh Tiong Choon gets S$1.30 per share offer from chairman

Alibaba Group Holding Ltd agreed to sell its shares in Sun Art Retail Group Ltd to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.

Alibaba to sell hypermart store chain Sun Art to buyout firm DCP for US$1.6b

The tax return form (BN) filing programme for the year of assessment 2025 is available as a reference and guide for taxpayers submitting their BN forms this year, according to the Inland Revenue Board (IRB).

IRB's 2025 tax return form filing programme available as reference for taxpayers

China’s BYD Co enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla Inc as the two vie for the crown of top-selling electric-vehicle (EV) maker of 2024.

BYD chalks up new record as it narrows EV sales gap with Tesla

The government will implement the use of quick-response (QR) code specially for Malaysians on a trial basis beginning this month to ensure smooth immigration checks at 40 special lanes at Terminals 1 and 2 of the Kuala Lumpur International Airport (KLIA) .

KLIA congestion: Locals to use special QR code on trial basis from this month

The price of RON95 petrol will remain unchanged at RM2.05 in Peninsular Malaysia, Sabah, Sarawak and Labuan, while the retail price of RON97 will increase by three sen from RM3.25 per litre to RM3.28 per litre from Jan 2, Thursday, to Jan 8.

Price of RON95 remains unchanged, RON97 and peninsular diesel up by three cents

Prime Minister Keir Starmer said his government would spend the next year “rebuilding” Britain, as he acknowledged the scale of the challenge he faces in turning around the UK’s stagnant economy and high cost of living.

Starmer pledges UK year of rebuilding after Labour’s rocky start

Russia stopped sending gas to Europe via Ukraine, shutting off a route that’s operated for five decades after Kyiv refused to allow any transit that funds Moscow’s war machine.

Russia and Ukraine end five decades of gas transit to Europe

The residential property market in Kuala Lumpur and Selangor displayed contrasting trends in terms of supply and transactions in the third quarter, says Savills Malaysia director of research and consultancy Fong Kean Hwa in presenting The Edge Malaysia | Savills Klang Valley Residential ...

The Edge Malaysia | Savills Klang Valley Residential Property Monitor 3Q2024: A mixed bag in terms of performance

South Korea’s Acting President Choi Sang-mok on Wednesday rejected an attempt by his advisers to resign en masse in the latest twist to the nation’s ongoing political turmoil.

The group of presidential aides, including the chief secretary, the director of national policy, and the national security adviser, have been seeking to step down since Dec 3, when President Yoon Suk Yeol briefly declared martial law and was subsequently impeached.

Second acting president since Yoon's impeachment rejects bids by aides to resign en masse in latest South Korean political twist

The government is considering importing white rice from Pakistan to address ongoing issues with supply and pricing.

National Action Council on Cost of Living (Naccol) Task Force (Food Cluster) chairman Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal said the proposal, submitted to Padiberas Nasional Bhd (Bernas), has the consent of Prime Minister Datuk Seri Anwar Ibrahim, but has yet to be finalised.

Govt mulls rice imports from Pakistan to stabilise supply, prices

The four Malaysia-based airlines continued to experience significant fluctuations in their on-time performance (OTP) in the last few months of 2024, amid ongoing supply chain disruptions that showed no sign of abating in 2025.

Malaysia-based airlines see continued fluctuations in on-time performance

Russia stopped sending gas to Europe via Ukraine, shutting off a route that’s operated for five decades after Kyiv refused to allow any transit that funds Moscow’s war machine.

The&nbsp;Inland Revenue Board (IRB) has provided a tax identification number (TIN) search service for taxation activities provided&nbsp;under the Income Tax Act (ACP) 1967.

According to the IRB, this is in line with the announcement by the government through Budget 2025.

Tax identification number search service accessible from Jan 1, says IRB

The Malaysian Sustainable Palm Oil Standard MS2530:2022 (MSPO 2.0) officially comes into effect on Wednesday, introducing stricter guidelines for sustainability, traceability, and ethical practices in palm oil production.

Malaysia implements MSPO 2.0 to boost sustainable palm oil standards

Investors are expecting more gains for the US&nbsp;stock market in 2025 after two straight standout years, fuelled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming President Donald Trump.

Investors hope for US stock market trifecta in 2025 after back-to-back boom years

Malaysia is on its way to becoming a data centre (DC) hub in the region. Between 2021 and &nbsp;June 2024, a total of RM90.2 billion poured in for DC developments. International companies such as US-based Google, Microsoft, Equinix, as well as China-based Yondr Group, Bridge Data Centres and Singapore-based Keppel Data Centres and Singapore Telecommunications Ltd (Singtel) are among the big names in Malaysia's DC market.&nbsp;

Data Centres: Malaysia’s Next Frontier

Tencent, ByteDance, Telegram and Meta are four major Internet messaging and social media service providers that have taken steps to apply for a licence to operate in Malaysia, according to the Malaysian Communications and Multimedia Commission (MCMC).

X and Google yet to apply for social media licence, says MCMC

The ban on covering one's face in public, which was passed in 2021, went into effect in Switzerland on Wednesday,&nbsp;reported Sputnik/RIA Novosti. 

Violators of the ban could face a fine of 1,000 Swiss francs (US$1,100 or RM4,929.74).

Ban on covering face in public goes into force in Switzerland

Alibaba Group Holding Ltd&nbsp;agreed to sell its shares in Sun Art Retail Group Ltd&nbsp;to private equity firm DCP Capital, unloading another high-profile physical commerce asset to focus on its core online business.

China’s BYD Co&nbsp;enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla Inc&nbsp;as the two vie for the crown of top-selling electric-vehicle (EV) maker of 2024.

Abu Dhabi's Mubadala Investment Company accounted for about 20% of the almost US$136.1 billion (RM608.8&nbsp;billion) spent by sovereign wealth funds worldwide last year, overtaking&nbsp;Saudi&nbsp;Arabia's wealth fund amid a surge in spending from Gulf countries.

Abu Dhabi's Mubadala overtakes Saudi Arabia's PIF as world's top wealth fund spender

Indonesia scaled back its planned increase in the value-added tax (VAT) rate just hours before it was set to take effect on Jan 1 amid escalating public outcry.&nbsp;

The VAT rate will be increased to 12% only for goods and services that are already subject to the existing luxury tax, such as private jets, yachts and pricier houses, President Prabowo Subianto said in a speech on Tuesday after unexpectedly attending the year-end meeting of the Finance Ministry.

Indonesia waters down planned value-added tax hike in last-minute move

The tax return form (BN) filing programme for the year of assessment 2025 is available&nbsp;as a reference and guide for taxpayers submitting their BN forms this year, according to the Inland Revenue Board (IRB).

The government will implement the use of quick-response (QR) code specially for Malaysians on a trial basis beginning this month to ensure smooth immigration checks at 40 special lanes at Terminals 1 and 2 of the Kuala Lumpur International Airport (KLIA) .

South Korea’s Acting President Choi Sang-mok on Wednesday rejected an attempt by his advisers to resign en masse in the latest twist to the nation’s ongoing political turmoil.

The group of presidential aides, including the chief secretary, the director of national policy, and the national security adviser, have been seeking to step down since Dec&nbsp;3, when President Yoon Suk Yeol briefly declared martial law and was subsequently impeached.

While bitcoin’s surge above US$100,000 (RM447,300) captivated the headlines in 2024, many financial firms were more focused this year on a different type of cryptocurrency whose price is never meant to rise — or fall for that matter.&nbsp;

Crypto’s US$205b stablecoin market set to go mainstream

The government is considering importing&nbsp;white rice from Pakistan to address ongoing issues with supply and pricing.

National Action Council on Cost of Living (Naccol) Task Force (Food Cluster) chairman Datuk Syed Abu Hussin Hafiz Syed Abdul Fasal&nbsp;said&nbsp;the proposal, submitted to Padiberas Nasional Bhd (Bernas), has the consent of Prime Minister Datuk Seri Anwar Ibrahim, but has yet to be finalised.

The price of RON95 petrol will remain unchanged at RM2.05 in Peninsular Malaysia, Sabah, Sarawak and Labuan, while the retail price of RON97 will increase by three sen from RM3.25&nbsp;per litre to RM3.28&nbsp;per litre from Jan 2, Thursday,&nbsp;to Jan 8.

Tun Musa Aman took the oath of office as the 11th Yang di-Pertua Negeri of Sabah during a ceremony at Istana Seri Kinabalu here on Wednesday.

Musa, accompanied by his wife, Toh Puan Faridah Tussin, arrived at the ceremonial hall at 10.11am before taking the oath at 10.22am.

Musa Aman sworn in as 11th Yang di-Pertua Negeri of Sabah

Nippon Steel Corp&nbsp;offered to give the US government a veto over any reduction in US Steel Corp’s production capacity in a proposal that marks a last-ditch effort to win President Joe Biden’s approval for its takeover of the iconic American company, according to a person familiar with the matter. Shares of US Steel surged by the most in a year.&nbsp;