<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 8): Vortex Consolidated Bhd has proposed to change its name to Harvest Miracle Capital Bhd.</p></div>

<div class=newsTextDataWrapInner><p>In a Bursa Malaysia filing, the group said the new name was approved by the Companies Commission of Malaysia (CCM) on June 8.</p></div>

<div class=newsTextDataWrapInner><p>"The proposed change of name is subject to the approval of shareholders of the company at a general meeting to be convened, and if approved, will take effect upon the issuance of the Certificate of Incorporation on Change of Name by the CCM."</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Vortex Consolidated is principally involved in information technology and property construction activities.</p></div>

<div class=newsTextDataWrapInner><p>Its shares ended on Wednesday 0.5 sen or 2.7% higher at 19 sen, giving it a market value of RM207.6 million.</p></div>


Vortex Consolidated Bhd has proposed to change its name to Harvest Miracle Capital Bhd.

Vortex Consolidated proposes name change to Harvest Miracle Capital

Singapore started selling a green bond with a maturity of around 30 years, pushing global sales higher and in line with its vow to raise S$35 billion (RM121.88 billion) in environment-focused financing by 2030.

Singapore starts green bond sale, adding to global deals record

Former attorney general (AG) Tan Sri Mohamed Apandi Ali’s special officer Mabel Sheela Mutthiah has filed an appeal at the Court of Appeal against the High Court’s dismissal of her legal suit against Sarawak Report editor Clare Rewcastle-Brown.

Ex-AG’s aide appeals dismissal of lawsuit against Rewcastle-Brown 

There is no effective competition in core credit card services, where Visa and Mastercard are the biggest players, and more transparency for users is needed, Britain's Payment Systems Regulator (PSR) said in an interim report on Tuesday.

Britain proposes obligations for Mastercard and Visa to increase competition

Hibiscus Petroleum Bhd's [KL:HIBISCS] net profit climbed by 42.37% to RM101.81 million in the third quarter ended March 31, 2024 (3QFY2024), from RM71.51 million a year ago, driven by strong oil and condensate prices of over US$90 (RM421.68) per barrel.

Hibiscus' 3Q net profit climbs 42%, driven by strong oil and condensate prices

DUTCH Lady Milk Industries Bhd (Dutch Lady Malaysia) (KL:DLADY), known for its attractive dividend payout, has garnered market interest with the completion of its new plant at Bandar Enstek in Negeri Sembilan. Year to date, the counter has risen 40% and closed at RM32.42 last Friday on expectatio...

Completion of Dutch Lady’s new facility sparks anticipation of higher dividend

Property prices and rental rates in popular gateway cities of the Asia Pacific (Apac) region are on the uptrend due to significant immigration inflows into cities, according to US-based global non-profit research and education organisation Urban Land Institute (ULI).

Urban Land Institute: Property prices and rentals in popular Apac cities on uptrend

AstraZeneca Plc aims to almost double sales to US$80 billion (RM375.29 billion) by 2030 as CEO Pascal Soriot seeks to cement his legacy at the British drugmaker that he helped to save through a bet on cancer treatments.

AstraZeneca aims for US$80 bil in sales by 2030

SoftBank Corp doubled the size of a sale of three-year and five-year bonds to ¥80 billion (US$510 million or RM2.40 billion) on strong demand from investors.

It sold ¥20 billion of three-year notes with a coupon of 0.828% and ¥60 billion of the five-year debt at 1.189%, according to underwriter Mizuho Securities Co. That compares with coupons of 0.32% for the three-year notes and 0.82% for the five-year debt, on the issue of the same maturity bonds in July 2023, before this year’s shift higher in Japanese interest rates.

SoftBank Corp doubles bond sale to ¥80b on strong demand

The Malaysian Employers Federation’s (MEF) recent pronouncements regarding young Malaysians and the job market have ignited a firestorm of criticism. Their comments, riddled with outdated stereotypes and a fundamental disconnect from economic realities, have exposed a chasm between generations. Malaysia’s job market is suffering a widening generational divide that hinders the workforce from achieving its full potential.

MySay: Employers’ mindset a turn-off for young job seekers

Brokers Digest: Local Equities - Auto and auto parts, Fraser & Neave Holdings Bhd, Dayang Enterprise Holdings Bhd, Malakoff Corp Bhd

<p>Northcape Capital Ltd said a bid by major shareholders to take Malaysia Airports Holdings Bhd private may face opposition due to the low valuation offered.</p>


Malaysia Airports shareholder expresses doubt on takeover bid

<p>Malaysia and Japan are set to confirm their cooperation in strengthening semiconductor supply chains at a meeting later this week, according to Japanese daily <i>The Mainachi</i>.</p>


Malaysia, Japan set to confirm semicon supply chain tie-up — report

<p>RHB Banking Group has launched Apple Pay for its customers in Malaysia.</p>


RHB brings Apple Pay to customers in Malaysia

<p>Public Bank Bhd (KL:PBBANK), Malaysia’s third-largest bank by assets, is on course to achieve an earnings forecast of RM6.96 billion for the financial year ending Dec 31, 2024 (FY2024), with its first-quarter results aligning with analysts’ expectations.</p>


Public Bank on course to hit FY2024 earnings target on better outlook, say analysts

<p>Shares of Menang Corp (M) Bhd (KL:MENANG) rose to its highest in nearly nine months after the property development and management company declared a special dividend amid six-year high quarterly earnings.</p>


Menang shares close in on nine-month high on special dividend, earnings

<p>The Federation of Investment Managers Malaysia (FIMM) recently reprimanded eight former unit trust scheme (UTS) and/or private retirement scheme (PRS) consultants for their misconducts/breaches of the FIMM’s Consolidated Rules (FCR), Code of Ethics and Rules of Professional Conduct (Second Edition), or&nbsp;Code of Ethics (Third Edition).</p>


FIMM reprimands eight former unit trust and private retirement scheme consultants

<p>Hartalega Holdings Bhd (KL:HARTA) notched a turnaround in its final quarter thanks partly to a provision reversal that also helped to bring the world’s second-largest glovemaker by volume back into the black for the year.</p>


Hartalega returns to the black for 4QFY2024

<p>Automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH) made a strong debut on Bursa Malaysia’s Main Market at RM1.10, a premium of 30 sen or 37.5% over its initial public offering (IPO) price of 80 sen, with an opening volume of 25.15 million.</p>


Feytech makes strong Main Market debut with 30 sen premium 

<p>The proposed fuel subsidy rationalisation by the government could impact the local automotive market, which houses its major customers, primarily consisting of automotive vehicle original equipment manufacturers (OEMs), according to automotive seat manufacturer Feytech Holdings Bhd (KL:FEYTECH).</p>


Feytech expects proposed subsidy rationalisation to impact automotive market

<p>Rakuten Trade said Bahvest Resources Bhd (KL:BAHVEST) is poised for a potential bullish breakout from the U-shape pattern, targeting to surpass the neckline of 61 sen.</p>


Bahvest poised for potential bullish breakout, says Rakuten Trade 

<p>Crypto prices have surged on signs of momentum toward US approval of exchange-traded funds investing directly in second-largest token Ether, a shift from a more downbeat outlook as recently as last week.</p>


Crypto lifted by ether’s biggest jump since 2022 on ETF outlook

<p>Shares of Pintaras Jaya Bhd (KL:PTARAS) rose to its highest in 11 months after the construction company’s third-quarter earnings announcement.</p>


Pintaras Jaya rises to 11-month high after announcing 3Q results

<p>KTI Landmark Bhd expects to raise RM48&nbsp;million under its listing exercise on the ACE Market of Bursa Malaysia.</p>

<p>In a statement on Tuesday, the Sabah-based integrated property developer said it plans to use RM20.7 million (43.1%) of the proceeds raised from the initial public offering (IPO) to supplement its general working capital requirements for The Logg&nbsp;project, which include construction cost (building and infrastructure cost), consultants’ and professional fees, and local authority fees for the ongoing projects.</p>


KTI Landmark to raise RM48m from ACE Market IPO

<p>Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.</p>


Stocks slide, dollar holds firm as Fed focus intensifies; crypto soars

<p>The types of business which are most likely to use artificial intelligence are seeing growth in workers' productivity that is almost five times faster than elsewhere, raising hopes for a boost to the broader economy, accountancy firm PwC said.</p>


AI-intensive sectors are showing a productivity surge, PwC says

<p>Traders are pricing in a big move for Nvidia’s shares after the chipmaker reports earnings on Wednesday, though expectations for volatility are more muted than in the past, US options markets show.</p>


Nvidia earnings could spark US$200b swing in shares, options show

<p>Shares of Supercomnet Technologies Bhd (KL:SCOMNET) fell on Tuesday and may be on course for its worst day in 15 months after the medical device manufacturer reported a weaker-than-expected first quarter.</p>


Supercomnet shares on course for worst day in 15 months after below-view 1Q

<p>Tencent Holdings Ltd suspended the highly anticipated Dungeon &amp; Fighter Mobile within an hour of its Chinese debut Tuesday, suggesting strong initial demand for a blockbuster title that investors hope will drive revenue growth in 2024.</p>


Tencent suspends blockbuster game within an hour of China debut

<p>Affin Bank Bhd (KL:AFFIN), the financial services arm of the Armed Forces Fund&nbsp;Board (LTAT), said on Tuesday its net profit down was 26% lower year-on-year (y-o-y) in the first quarter, on lower net interest income and other income.</p>
