<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 3): Businessman Datuk Seri Tee Yam @ Koo Tee Yam continued to expand his shareholdings in Caely Holdings Bhd, increasing his stake to 15.25% from 13.12% last week.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Caely said Koo bought another 5.5 million shares off market on Aug 1, bringing his total shareholdings to 39.38 million shares or 15.25%.</p></div>

<div class=newsTextDataWrapInner><p>The group also disclosed that former executive chairman Datuk Wira Ng Chun Hau disposed of the same number of shares on the same day via off-market transaction.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Subsequent to his disposal, Ng was left with a 10.02% direct shareholding and a 0.83% indirect stake.</p></div>

<div class=newsTextDataWrapInner><p>Caely’s shares closed unchanged at 30.5 sen per share on Wednesday, giving it a market capitalisation of RM78.76 million.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://www.theedgemarkets.com/article/tee-yam-now-caelys-second-largest-shareholder-he-again-raises-stake" target="_blank">Tee Yam now Caely's second largest shareholder as he again raises stake</a><br />
<a href="https://www.theedgemarkets.com/article/tee-yam-raises-stake-caely-114" target="_blank">Tee Yam raises stake in Caely to 11.4%</a></em></p></div>


Businessman Datuk Seri Tee Yam @ Koo Tee Yam continued to expand his shareholdings in Caely Holdings Bhd, increasing his stake to 15.25% from 13.12% last week.

Tee Yam continues to increase stake in Caely

Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an "inhuman" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.

Russia launches 'inhuman' Christmas Day attacks, Ukraine says

Talks between China and Japan's foreign ministers in Beijing have paved way for Japan to host China's foreign affairs chief next year, and mutual agreement to hold a security dialogue as soon as possible, Japan said on Wednesday.

China, Japan foreign ministers agree visit, security dialogue

Japan's Nippon Steel is seeing support for its proposal to acquire US Steel in the regions of the US where steel mills are located, Nippon Steel's President Tadashi Imai told reporters on Wednesday.

Nippon Steel's US Steel takeover plan has support in steelmaking areas, executive says

China refrained from cutting the interest rate and drained the most cash since 2014 with a one-year policy tool, keeping its powder dry ahead of possible escalation in trade tensions with the US next year.

China avoids rate cut to keep ammunition for future pressure

South Korea's suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

South Korea's Yoon defies second agency summons over martial law

An Embraer passenger plane flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying that 32 people had survived.

Azerbaijan Airlines plane crashes in Kazakhstan, many feared dead

The price of a litre of RON95 petrol will remain unchanged at RM2.05, while the retail price of RON97 will increase by three sen from RM3.22 per litre to RM3.25 per litre from Thursday to Jan 1, 2025.

RON95, diesel prices unchanged, RON97 up three sen

China stocks closed roughly flat on Wednesday, as gains in energy shares offset losses in small-cap shares, while the Hong Kong market was closed for a public holiday.

China stocks close flat, energy gains offset small-cap losses

Japan's Nikkei share average reversed early losses to end higher on Wednesday, driven by gains in the auto sector although trade was dominated by retail investors, who bought back cheap stocks in muted trade with many global markets closed for the holidays.

Japan's Nikkei reverses course, ends higher as autos rise

Prime Minister Datuk Seri Anwar Ibrahim has assured that the Madani government will provide full cooperation if efforts to locate Malaysia Airlines flight MH370 yield results.

Anwar: Govt will fully cooperate if MH370 search yields results

<p>Private equity firms KKR and Bain Capital each offered more than US$5 billion (RM22.44 billion) in first-round bids for the non-core assets of Japan's Seven &amp; i Holdings, according to people familiar with the matter.</p>


KKR and Bain each bid more than US$5b for Seven & i assets — Reuters

<p>ON Dec 7, Notre-Dame de Paris, the iconic 12th-century medieval cathedral in the French capital, reopened its doors five years after a devastating fire destroyed its roof and spire. US president-elect Donald Trump, current First Lady Jill Biden, England’s Prince William, Ukraine President Volodym...

Tech: LVMH, Kering, Hermès and the luxury sector consolidation

<p>An Embraer passenger plane flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 62 passengers and five crew on board, Kazakh authorities announced, saying that 32 people had survived.</p>


<p>Prime Minister Datuk Seri Anwar Ibrahim has assured that the Madani government will provide full cooperation if efforts to locate Malaysia Airlines flight MH370 yield results.</p>


<p>Talks between China and Japan's foreign ministers in Beijing have paved way for Japan to host China's foreign affairs chief next year, and mutual agreement to hold a security dialogue as soon as possible, Japan said on Wednesday.</p>


<p>Johor Bahru’s property market has been on an upward trend owing to spillover effects from positive initiatives and announcements over the past few quarters, says Olive Tree Property Consultants Sdn Bhd CEO Samuel Tan when presenting <em>The Edge Malaysia</em> | Olive Tree Property Consultants Joh...

The Edge Malaysia | Olive Tree Property Consultants Johor Bahru Housing Property Monitor 2Q2024: Property market on upward trend

<p>Japan's Nikkei share average reversed early losses to end higher on Wednesday, driven by gains in the auto sector although trade was dominated by retail investors, who bought back cheap stocks in muted trade with many global markets closed for the holidays.</p>


<p>China stocks closed roughly flat on Wednesday, as gains in energy shares offset losses in small-cap shares, while the Hong Kong market was closed for a public holiday.</p>


<p>Russia attacked Ukraine's energy system and some cities with cruise and ballistic missiles plus drones on Wednesday in an "inhuman" Christmas Day assault, Ukraine's President Volodymyr Zelenskiy said.</p>


<p>The price of a litre of RON95 petrol will remain unchanged at RM2.05, while the retail price of RON97 will increase by three sen from RM3.22 per litre to RM3.25 per litre from Thursday to Jan 1, 2025.</p>


<p>Japan's Nippon Steel is seeing support for its proposal to acquire US Steel in the regions of the US where steel mills are located, Nippon Steel's President Tadashi Imai told reporters on Wednesday.</p>
