<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 22): Inix Technologies Holdings Bhd said its suspended director Mohd Anuar Mohd Hanadzlah (pix) is suing the company for defamation.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing today, the company said Mohd Anuar is claiming for general damages of RM1 million, as well as other damages to be determined by the court.</p></div>

<div class=newsTextDataWrapInner><p>He is also seeking an injunction against Inix Technologies and its agents from disseminating, speaking, writing or publishing any injurious words against him.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Mohd Anuar is also demanding a written apology from the company to be published in <em>The Edge</em> and <em>The Star</em> newspapers within seven days from the court order.</p></div>

<div class=newsTextDataWrapInner><p>He is also demanding that the company be prevented from publishing in any form, accusations that would defame his reputation.</p></div>

<div class=newsTextDataWrapInner><p>On July 18, Inix Technologies said it has suspended Mohd Anuar Mohd Hanadzlah as its non-independent and non-executive director to carry out an independent investigation. He had served as the company’s group managing director previously.</p></div>

<div class=newsTextDataWrapInner><p>Inix Technologies’ shares closed one sen or 8% lower at 11.5 sen today, giving it a total market capitalisation of RM37 million.</p></div>


Inix Technologies Holdings Bhd said its suspended director Mohd Anuar Mohd Hanadzlah (pix) is suing the company for defamation.

Suspended director sues Inix Technologies for defamation

Bacteria Free Water Engineering (M) Sdn. Bhd., also known as BACFREE®, a leader in Malaysia’s water solutions industry, became one of the first companies to achieve the SIRIM 55:2023 ESG certification at the Majlis SIRIM Industri 2024 event on 7 November, which was graced by the Deputy Secretary General (Investment & Management) of the Ministry of Investment, Trade and Industry (MITI), Datuk Bahria Mohd Tamil.

BACFREE® Among The First To Achieve SIRIM 55:2023 Certification As Part Of New ESG Holistic Ecosystem To Drive Sustainability Goals

The top 20 Bursa Malaysia companies donated RM381.81 million in cash in 2023, according to Wiki Impact’s 'Bursa Top 20: Who’s The Most Charitable?' report.

In a statement on Wednesday, Wiki Impact, which is an online platform dedicated to the impact industry, said that Tenaga Nasional Bhd (KL:TENAGA), Sime Darby Plantation Bhd, which is now known as SD Guthrie Bhd (KL:SDG), and Telekom Malaysia Bhd (KL:TM) were among the top givers in 2023.

Wiki Impact: Bursa's top 20 companies donated RM381.81 mil in 2023

Individuals seeking to report an offence must go through proper agency channels to qualify for protection under the Whistleblowers Protection Act 2010.

Go through proper agency channels for protection, Azalina tells whistleblowers

INFRASTRUCTURE utilities engineering solutions provider Jati Tinggi Group Bhd (KL:JTGROUP) is exploring new business segments such as electricity generation through renewable energy, to achieve a stable financial performance.

Acknowledging the volatility of its current business model, w...

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Malaysia’s cross-border renewable energy (RE) auction for Singapore’s energy importer, under the Energy Exchange Malaysia (Enegem), will begin by year end, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Renewable energy auction for Singapore via Enegem by year end, says Fadillah

CATL, the world's top battery maker, will consider building a US plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle (EV) supply chain, the company's founder and chairman, Robin Zeng, told Reuters.

Chinese battery giant CATL would build US plant if Trump allows it

ELK-Desa Resources Bhd (KL:ELKDESA) reported a net profit of RM8.26 million for the third quarter ended Sept 30, 2024, down from RM8.84 million as higher revenue more than offset increased costs, expenses and impairment allowances.

Earnings per share dropped to 1.82 sen from 1.94 sen.

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Korea Zinc said on Wednesday it had decided to withdraw its plan to issue new shares worth US$1.80 billion (RM8.02 billion) after the proposal sparked an investigation by the financial watchdog and a sell-off in the company's stock.

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KUALA LUMPUR (Nov 13): Hartanah Kenyalang Bhd, a Sarawak-based construction services firm, has filed for an initial public offering (IPO) on the ACE Market of Bursa Malaysia to raise funds for expansion and to finance existing operations.

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Malaysia Marine and Heavy Engineering Holdings Bhd (KL:MHB) said on Wednesday it has returned to the black in the third quarter thanks to project close-out and hedging as well as more jobs.

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<p>Former finance minister&nbsp;Tun Daim Zainuddin has passed away at the age of 86, marking the end of an era for a figure who left a significant imprint on Malaysia's political and economic landscape.</p>

<p>One of his lawyers, Datuk Dr Gurdial Singh Nijar, confirmed the matter when contacted by<em> The Edge.</em></p>


Former finance minister Daim passes away

<p>Shares of Life Water Bhd (KL:LWSABAH) surged 18% in their trading debut on Wednesday, after the beverage manufacturer’s initial public offering (IPO) raised over RM82 million on the back of strong investor demand.</p>


Life Water surges 18% on Main Market debut

<p>Tan Sri Wan Zaki Wan Muda, the founder of Ahmad Zaki Sdn Bhd (AZSB) and group adviser to Ahmad Zaki Resources Bhd (KL:AZRB), passed away on Tuesday evening&nbsp;at the age of 75.</p>


Ahmad Zaki founder Wan Zaki passes on

<p>Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies”, US President-elect Donald Trump announced on Tuesday.</p>


Trump picks Musk, entrepreneur Ramaswamy for govt efficiency effort

<p>BOSTON (Nov 12): The US Senate's Democratic majority began a crusade on Tuesday to confirm as many new federal judges nominated by President&nbsp;Joe Biden&nbsp;as possible, to avoid leaving vacancies that Republican&nbsp;Donald Trump&nbsp;could fill after taking office on Jan&nbsp;20, 2025.</p>


US Senate Democrats rush to confirm judges nominated by Biden before Trump takes office

<p>KUALA LUMPUR (Nov 13): BIMB Securities has downgraded Hartalega Holdings Bhd (KL:HARTA) to a “sell” call, from a “hold”, after a share price rally.</p>


BIMB Securities downgrades Hartalega to ‘sell’ after price rally

<p>Nissan Motor Co’s rapid decline has drawn the attention of one of the most influential activist investors in Japan, adding a fresh dose of uncertainty to the automaker’s turnaround plans.</p>


Nissan enters new era of turmoil as Effissimo takes stake

<p>A breakneck rally in stocks ran out of steam, with&nbsp;Treasury yields&nbsp;soaring and the dollar hitting the highest level in two years ahead of a key inflation report.</p>

<p>Equities edged lower after the S&amp;P 500’s biggest five-day run in a year. Following sizeable post-election gains, small caps and banks lost ground. Tesla Inc&nbsp;dropped after an almost 45% surge.&nbsp;</p>


S&P 500 rally hits a wall as treasury yields spike

<p>KUALA LUMPUR (Nov 13): Tun Dr Mahathir Mohamad said that he had lost a true comrade, who was there with him in fighting for the nation, race and religion, with the&nbsp;passing of former finance minister Tun Daim Zainuddin on Wednesday&nbsp;morning.</p>


Tun M: I lost a true comrade with Daim’s passing

<p>Transport Minister Anthony Loke Siew Fook said on Wednesday that the Cabinet had approved a RM442.3 million upgrade for the country’s second busiest airport, the Kota Kinabalu International Airport.</p>


Cabinet approves RM442m upgrade for Kota Kinabalu International Airport

<p>After a rapid cooling in Chinese tech stocks on cloudy domestic macro prospects and rising geopolitical risk, investors are looking to major earnings reports due this week for a second wind.</p>


Chinese tech stocks need earnings boost amid Trump, macro threats

<p>Seven &amp; i Holdings Co&nbsp;is considering a management buyout to take itself private with funding from banks, Itochu Corp, and the founding Ito family in a transaction that could be worth ¥9 trillion (US$58 billion or RM258.63 billion), people with knowledge of the matter said.</p>


Seven & I mulling US$58b management buyout, Bloomberg reports

<p>Asian stocks fell to the lowest level in almost two months on Wednesday, before US inflation data that may further sap confidence in the pace of Federal Reserve (Fed) interest-rate cuts.&nbsp;</p>


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<p>Public-listed companies (PLCs) showed progress in the adoption of the Malaysian Code on Corporate Governance (MCGG), according to the Securities Commission Malaysia’s Corporate Governance Monitor (CG Monitor) 2024, which was published last Monday. However, the report highlighted three critical areas in need of improvement. The CG Monitor pointed to (i) the need to refresh board composition; (ii) enhancing shareholder participation through physical or hybrid annual general meetings (AGMs); and &nbsp;(iii) a deeper integration of sustainability governance practices.</p>


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<p>（吉隆坡13日讯）前财政部长敦达因逝世，享年86岁，标志着这位在大马政治和经济领域留下重要印记的人物时代落幕。</p>


前财长敦达因逝世

<p>KUALA LUMPUR (Nov 13): Hartanah Kenyalang Bhd, a Sarawak-based construction services firm, has filed for an initial public offering (IPO) on the ACE Market of Bursa Malaysia to raise funds for expansion and to finance existing operations.</p>


<p>Elon Musk surfaced once more in a round of phone calls US President-elect Donald Trump is making with world leaders, driving home the billionaire’s outsized influence in the next administration. &nbsp;</p>


Musk is making a habit of joining Trump’s calls with leaders

<p>BANDAR SRI BEGAWAN (Nov 13): The Asian aviation industry is still grappling with ongoing supply chain disruptions, even as demand remains resilient, according to a regional airlines association.</p>


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<p>The ringgit was the major loser on Wednesday among broadly muted emerging Asian peers, as Malaysia's third-quarter economic growth appeared set to have lost pace, reflecting a fall in mining output.</p>


Ringgit at three-month low as GDP growth forecast to slow; forex tepid

<p>The proposed amendments to the Communications and Multimedia Act 1998, including Section 233, are expected to be tabled in the current session of Parliament, said Deputy Communications Minister Teo Nie Ching.</p>
