The Ministry of Home Affairs (KDN) held an engagement session with Islamic scholars and religious teachers in Parliament on Thursday in its effort to prepare a proposal to improve the administrative directive on the use of the word ‘Allah’.

'Allah' issue: Home Affairs Ministry holds engagement session with Islamic scholars, religious teachers

Journalists and the media fraternity have a duty not only to report authentic news but also to become guides and initiators of ideas in building the nation, said Prime Minister Datuk Seri Anwar Ibrahim.

He said media practitioners should feel free to share their views and give constructive criticism to the country’s leadership towards better governance.

Journalists have duty to report, spark ideas for nation-building — PM

The Association of Banks in Malaysia (ABM) has welcomed Datuk Shaik Abdul Rasheed Abdul Ghaffour's appointment as Bank Negara Malaysia’s (BNM) new governor, saying the banking industry will benefit from his experience "as we continue to progress and navigate through the winds".

Banking industry will continue to thrive under Abdul Rasheed’s leadership at BNM, says ABM

Here is a brief recap of some corporate announcements that made the news on Friday (June 9), involving Malaysia Building Society Bhd (MBSB), Power Root Bhd, Cypark Resources Bhd, Pos Malaysia Bhd, Bioalpha Holdings Bhd, Serba Dinamik Holdings Bhd, Kimlun Bhd, Radium Development Bhd and Top Builders Capital Bhd.

MBSB, Power Root, Cypark, Pos Malaysia, Bioalpha, Serba Dinamik, Kimlun, Radium and Top Builders

Westports Holdings Bhd has appointed Shaline Gnanalingam as its non-independent and non-executive director, effective Friday (June 9).

Shaline, 41, is the daughter of the group’s founder and executive chairman Tan Sri Gnanalingam Gunanath Lingam and the sister of managing director Datuk Ruben Emir Gnanalingam Abdullah.

Westports founding chairman's daughter joins board as new director

Serba Dinamik Holdings Bhd said it has engaged Baker Tilly Insolvency PLT as a restructuring consultant, and Dennis Nik & Wong as its restructuring lawyers.

Serba Dinamik appoints new restructuring consultant, lawyers in bid to address financial condition

Bioalpha Holdings Bhd has proposed a rights issue of warrants to raise up to RM19.19 million, mainly for the expansion of its pharmacy business as well as repayment of bank borrowings.

The rights issue of up to 639.5 million warrants will be on the basis of three warrants for every eight existing shares held on an entitlement date to be determined later, the  health supplement group said in  a bourse filing.

Bioalpha plans 3-for-8 rights issue of warrants

Zantat Holdings Bhd, a producer of calcium carbonate, is seeking a listing on Bursa Malaysia's ACE Market via an initial public offering (IPO) of 72.8 million shares, to raise funds for its business expansion and operations upgrade.

Calcium carbonate maker Zantat Holdings eyes ACE Market listing via 73 mil share-IPO

Top Builders Capital Bhd, which previously delayed the release of its annual report for the financial year ended June 30, 2022 (FY2022) to complete a forensic audit on irregularities found in the group's scheme of arrangement, now says it did not appoint any forensic auditors to look into the matter due to budgetary constraints.

"The board of directors wishes to announce that no forensic auditors have been appointed due to budgetary constraints and financial limitations that may restrict the organization’s ability to engage the services of forensic auditors during this period. In addition, the complexity and sensitivity of the matter under investigation may necessitate additional (sic) for thorough deliberation before engaging forensic auditors to ensure their involvement aligns with the organisation's specific needs and priorities," it said in a bourse filing on Friday.

Top Builders says forensic auditors not appointed due to financial constraints; submits 1QFY2023 report but still owes two other reports

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

EVENING 5: Five things you need to know today

Malaysia Building Society Bhd (MBSB) will acquire the entire equity interest in Malaysian Industrial Development Finance (MIDF) from Permodalan Nasional Bhd (PNB) via a RM1.01 billion share deal.

MBSB to acquire MIDF via RM1.01 bil share deal

Kimlun Bhd said it has secured two construction contracts in Johor Bahru from Bandar Nusajaya Development Sdn Bhd worth a total of RM95.41 million.

Kimlun bags two construction contracts worth RM95.4 mil in Johor Bahru

Komarkcorp Bhd said its wholly-owned unit has teamed up with AntChain Technology Pte Ltd to combine its printing and labeling expertise with AntChain’s blockchain-powered traceability technology.

The group said Komark International Sdn Bhd signed a Memorandum of Understanding (MOU) with AntChain for both companies to explore a business collaboration and integrating traceability technologies provided by AntChain to secure labels, packaging and hologram stickers.

Komarkcorp inks MOU with AntChain to tap into blockchain technology

Radium Development Bhd’s wholly owned subsidiary Radium Global Sdn Bhd has proposed to acquire two pieces of land in Kuala Lumpur from several vendors for RM71.79 million.

Malaysia

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