<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 11): IOI Properties Group Bhd CEO Lee Yeow Seng and Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin registered their marriage today.</p></div>

<div class=newsTextDataWrapInner><p>According to Sin Chew Daily, Yeow Seng and Yeo signed the marriage certificate witnessed by the groom’s parents, IOI Corp Bhd executive chairman Tan Sri Lee Shin Cheng and Puan Sri Hoong May Kuan as well as Yeo’s parents. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The Chinese daily reported that the wedding reception will be held on March 29 at Le Meridien Hotel, Putrajaya.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>News that Yeo and Yeow Seng were dating first broke end of last year after one of the couple's friends posted a picture of the duo on social media. Both did not deny nor comment on the news at that time. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Yeow Seng, 40, was appointed to the IOI Properties’ board on February 2013 as CEO. Meanwhile Yeo, 35, is a two-term lawmaker who is currently Bakri MP and was sworn in as a Minister in the new Pakatan Harapan Government on July 2, 2018.&nbsp;&nbsp;&nbsp; &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Interestingly, Yeo mentioned on her website www.yeobeeyin.com that before her family moved to Batu Anam, Segamat, Johor, the family had stayed at a palm oil estate called Gomali Estate where her mother was a clerk for Dunlop and later IOI when it bought over Dunlop later.</p></div>

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IOI Properties Group Bhd CEO Lee Yeow Seng and Energy, Science, Technology, Environment and Climate Change Minister Yeo Bee Yin registered their marriage today.

According to Sin Chew Daily, Yeow Seng and Yeo signed the marriage certificate witnessed by the groom’s parents, IOI Corp Bhd executive chairman Tan Sri Lee Shin Cheng and Puan Sri Hoong May Kuan as well as Yeo’s parents

Yeo Bee Yin and IOI Properties CEO got hitched today

Asian equities were set to climb early Friday even as traders scaled back expectations for a Federal Reserve rate cut next month which weighed on US stocks and strengthened the dollar.

Japanese, Australian and Hong Kong equity futures all rose. Contracts for Tokyo benchmarks were supported by further weakness in the yen as an index of greenback strength advanced for a fifth day on Thursday.

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Nissan Motor Co. will have a year of breathing space in 2025 before hitting a record bond maturity wall as concerns mount about its ability to generate cash.

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Stocks fell after Jerome Powell signaled there’s no need for the Federal Reserve to rush with rate cuts as the economy is holding up.

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Here is a brief recap of some corporate announcements that made the news on Thursday.

Bumi Armada, MISC, Berjaya Food, Mr DIY, Prolintas, Lysaght, Keyfield, Teo Seng, YTL Power, Ranhill Utilities, Seal and LBS Bina

US regulators led by the Federal Reserve have refused to endorse a plan that would have seen the Basel Committee on Banking Supervision push lenders to disclose their climate risk, according to people familiar with the matter.

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Ford Motor Co agreed to a US$165 million (RM733.5 million) civil penalty to settle allegations the company failed to recall cars with defective rearview cameras in a timely manner, the second largest fine ever levied by the National Highway Traffic Safety Administration (NHTSA).

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The government will draft the Government Procurement Bill (GP Bill) in taking specific steps to increase transparency in the government procurement process, according to the Ministry of Finance.

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Bina Puri Holdings Bhd (KL:BPURI) said on Thursday that its associate company KL-Kuala Selangor Expressway Bhd (Latar) has won an arbitration case against Prolintas Expressway Sdn Bhd and was awarded RM46.13 million.

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Walt Disney Co posted fiscal fourth-quarter (4Q) sales and profit that beat Wall Street estimates and forecast earnings growth for the next three years, a rare event for a company that historically hasn’t made long-range profit projections.

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<p>Gold miner Niche Capital Emas Holdings Bhd (KL:NICE) has commenced gold mining operations at the Sokor North Gold Mine in Kelantan, with the successful commissioning of its heap leaching plant there.</p>


Niche Capital Emas begins gold mining ops in Kelantan

<p>Cash-rich Lysaght Galvanized Steel Bhd (KL:LYSAGHT) has declared a special dividend of 35 sen per share as its quarterly earnings rose to an eight-year high.</p>

<p>This brings the total dividend declared to 43 sen per share in the current financial year ending Dec 31, 2024 (FY2024) so far — the highest since FY2018 when it paid out 50 sen dividend per share.</p>


Lysaght pays special dividend of 35 sen as earnings rise to eight-year high

<p>Here is a brief recap of some corporate announcements that made the news on Thursday.</p>


<p>Scomi Energy Services Bhd (KL:SCOMIES), a Practice Note 17 (PN17) company, said it is "in a preliminary discussion with a white knight to formulate a regularisation plan to be submitted before Jan 31, 2025". It did not elaborate.</p>


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<p>Berjaya Food Bhd (KL:BJFOOD) on Thursday posted its fourth consecutive quarter in the red as the anti-Israel boycott movement continued to affect the group, which operates the Starbucks coffee chain in Malaysia.</p>


Berjaya Food logs fourth quarter in the red due to anti-Israel boycott

<p>CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), the manager of CapitaLand Malaysia Trust (KL:CLMT), has appointed Yong Su-Lin as chief executive officer, designate (CEO designate) of the company effective Jan 2, 2025.</p>


CapitaLand Malaysia Trust names Yong Su-Lin as CEO-designate from Jan 2

<p>Prolintas Infra Business Trust (KL:PLINTAS), which owns highways, nearly tripled its net profit for the third quarter thanks to a jump in toll collection and tax credit.</p>


Prolintas Infra's 3Q net profit nearly triples as toll collection jumps, on track to meet distribution target

<p>ACE Market-listed Farm Price Holdings Bhd (KL:FPHB), a Johor-based wholesaler and distributor of fresh vegetables, food and beverage (F&amp;B) products, is expanding its distribution reach to Sabah.</p>


Farm Price ventures into Sabah's fruit business via stake purchase in KK firm

<p>UOA REIT (KL:UOAREIT) saw its net rental income fall 12.6% to RM18.66 million in its third quarter ended Sept 30, 2024 (3QFY2024), from RM21.34 million a year ago, as gross rental dropped on the departure of an anchor tenant, while operating expenses climbed.</p>


UOA REIT's 3Q rental income falls on loss of anchor tenant, higher expenses

<p>Here’s a quick look at some of the stories that made headlines today.</p>


EVENING 5: Five things you need to know today

<p>Petroliam Nasional Bhd (Petronas) has made new investments totalling RM7.5 billion at the Pengerang Integrated Complex (PIC) near Kota Tinggi.</p>


Petronas invests another RM7.5b in Pengerang Integrated Complex — Onn Hafiz

<p>LBS Bina Group Bhd (KL:LBS) said it it looking into developing a 10-gigawatt (GW) green hydrogen plant in Kota Marudu, Sabah jointly with the Sabah Forestry Development Authority (Safoda) and two other companies.</p>


LBS Bina inks MOU to develop green hydrogen plant in Sabah

<p>The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labour market continued to chug along and that the abrupt slowdown in job growth in October was an aberration.</p>


US weekly jobless claims fall; unemployment rolls shrink

<p>Oil and gas services firm Keyfield International Bhd (KL:KEYFIELD) on Thursday reported record quarterly earnings and revenue, driven by higher vessels utilisation rates and increased vessel numbers.</p>


Keyfield books record earnings for 3Q, pays four sen dividend

<p>Hume Cement Industries Bhd (KL:HUMEIND) posted a net profit of RM47.42 million for its first quarter ended Sept 30, 2024 (1QFY2025), down slightly from RM48.33 million a year ago, as lower market demand weighed on cement sales.</p>


Hume Cement sees slight fall in 1Q profit, declares higher dividend

<p>Engineering outfit Pestech International Bhd (KL:PESTECH) said Shandong Power Equipment Co Ltd (Speco) has initiated arbitration proceedings against its wholly owned PESTECH Sdn Bhd (PSB) over what Speco claimed were unpaid dues related to the supply of transformers.</p>


Pestech hit by arbitration claim over RM7.7m worth of alleged unpaid dues

<p>Minister of Natural Resources and Environmental Sustainability Nik Nazmi Nik Ahmad assured that the introduction of Euro 5 petrol in September next year will not lead to an increase in fuel prices.</p>

<p>He said that its implementation requires investment from oil companies, as it is a continuous step to upgrade fuel specifications, in addition to maintaining the country's air quality.</p>


Euro 5 petrol introduction will not burden consumers — Nik Nazmi

<p>Property developer Seal Incorporated Bhd (KL:SEAL) is seeking its shareholders' approval at an extraordinary general meeting to be convened to provide corporate guarantee to a RM293 million banking facility that its 20%-owned associate MSR Green Energy Sdn Bhd (MSRGE) is obtaining from a licensed financial institution based in Malaysia.</p>


Seal Inc seeks shareholder nod to guarantee associate's RM293m loan facility

<p>Bina Puri Holdings Bhd (KL:BPURI) said on Thursday that its associate company KL-Kuala Selangor Expressway Bhd (Latar) has won an arbitration case against Prolintas Expressway Sdn Bhd and was awarded RM46.13 million.</p>


<p>Electrical and mechanical engineering firm LFE Corp Bhd (KL:LFECORP) has secured a subcontract worth RM18.95 million to undertake electrical system installation works from GDP Architects Sdn Bhd.</p>
