Petronas Dagangan Bhd (PetDag) reported a 16% increase in its net profit for the second quarter ended June 30, 2023 (2QFY2023) to RM275.71 million or 27.80 sen per share, from RM237.68 million or 23.90 sen per share a year ago.

PetDag 2Q net profit rises 16%, declares 18 sen dividend

Gets Global Bhd, whose share price spiked 167% within a month, said its largest shareholder Datuk Che Azizuddin Che Ismail disposed of a 24% stake in the express bus service company today. 

The stake, comprising 30.24 million shares, was held by him through Arca Company Sdn Bhd.

Che Azizuddin sells 24% stake in Gets Global; Teong Lian Aik emerges as largest shareholder

KUALA LUMPUR (April 23): Businessman Tan Chean Suan has emerged as a substantial shareholder of Censof Holdings Bhd, after acquiring a 5.35% stake in the tech company. 

A filing by the company with Bursa Malaysia said Tan bought the stake, comprising 26.82 million shares, in the open market yesterday.

Businessman Tan Chean Suan buys 5.35% stake in Censof

KUALA LUMPUR (March 23): Fitters Diversified Bhd saw Datuk Ho Shu Keong, its independent non-executive director appointed in July 2019, emerge as substantial shareholder in the fire-fighting systems specialist, after he acquired 10 million shares representing a 2.3% stake on March 20.

Fitters Diversified, PRG

KUALA LUMPUR (May 17): The Employees Provident Fund (EPF) has ceased to be a substantial shareholder of Sapura Energy Bhd, a Bursa Malaysia filing showed today.

In the filing, it said EPF had ceased to be a substantial shareholder on May 8, after it disposed of 10 million shares at RM1 ...

EPF ceases to be Sapura Energy's substantial shareholder

KUALA LUMPUR (May 16): Berjaya Corp Bhd founder and executive chairman Tan Sri Vincent Tan Chee Yioun has emerged as a substantial shareholder of T7 Global Bhd with the acquisition of 21 million shares or a 5.04% stake.

In a filing with Bursa Malaysia today, T7 Global said the tycoon ha...

Vincent Tan emerges as T7 Global's substantial shareholder

KUALA LUMPUR (Feb 6): Canadian institutional investor British Columbia Investment Management Corp has emerged as a substantial shareholder of Red Sena Bhd, a special purpose acquisition company or SPAC looking to buy assets in the processed food and beverage industry.

According to Bursa...

British Columbia Investment Management now a substantial shareholder in Red Sena

KUALA LUMPUR (Dec 28): Penang property magnate Tan Sri Ooi Kee Liang has emerged as the third largest shareholder in steelmaker Tatt Giap Group Bhd after acquiring a 7.62% stake from its founder and executive chairman, Datuk Siah Kok Poay.

Ooi, who is executive chairman of Ideal Propert...

Ideal Property chairman emerges substantial shareholder in Tatt Giap

KUALA LUMPUR (Nov 29): Loss-making Sterling Progress Bhd saw 12.29 million shares cross off-market today, representing a 4.4% stake in the company.

According to Bloomberg data, the shares were transacted in one block and worth a total of RM2.21 million. The transaction was carried out a...

Sterling Progress sees 4.4% stake traded off-market

KUALA LUMPUR (Dec 12): Kenanga Investment Bank Bhd (Kenanga IB) saw some 53.76 million shares, representing a 7.44% stake, cross off-market today.

According to Bloomberg data, the shares crossed in two blocks at 52 sen apiece — a 4.59% discount to the last traded price of the s...

Kenanga Investment Bank sees 7.44% stake traded off-market

KUALA LUMPUR (Dec 12): Loss-making China-based shoes and garments manufacturer Maxwell International Holdings Bhd saw some 17 million shares, representing a 4.26% stake, traded off market today. 

Bloomberg data showed the shares were crossed in a single trade at two sen ap...

4.26% stake in Maxwell traded off-market

KUALA LUMPUR (Dec 11): Ceramic tiles maker Johan Holdings Bhd, which is controlled by its chairman and chief executive Tan Sri Tan Kay Hock — who also controls George Kent (M) Bhd — saw 144.51 million shares cross off-market today, representing a 23.2% stake of its overall outstanding shares of 6...

Johan Holdings saw 23% shares cross off-market

KUALA LUMPUR (Dec 11): Boon Koon Group Bhd saw 25.04 million shares, representing 8.74% stake in the company, crossed off-market today.

Bloomberg data showed the shares were traded in a single block at 33.5 sen per share – a 31.6% discount to its closing price of 49 sen on the open...

8.7% stake in Boon Koon traded off-market

KUALA LUMPUR (Dec 6): The sultan of Johor, Sultan Ibrahim ibni Almarhum Sultan Iskandar, has further raised his stake in 7-Eleven Malaysia Holdings Bhd to 15.52% on Nov 16, from 9.84%.

A filing with Bursa Malaysia today showed Sultan Ibrahim acquired 63.08 million shares, bringing his t...

Johor ruler further raises stake in 7-Eleven to 15.52%

(Nov 8): The European Union and the UK are in the final stages of a deal to link their emissions markets, a move that would boost liquidity and eventually save companies millions of euros in carbon border taxes.

EU close to deal to link UK carbon market after Brexit split

DOHA (Nov 8): Malaysia sees significant opportunities to leverage satellite connectivity and artificial intelligence (AI) to strengthen disaster preparedness and communications resilience, said Communications Minister Datuk Seri Fahmi Fadzil.

Malaysia eyes satellite connectivity to strengthen disaster communications — Fahmi

CAIRO/BENGALURU (Nov 8): Egyptian fertiliser producers have been notified of a new 33% reduction in their natural gas supplies, a company statement and industry officials said on Sunday, as the country seeks to curb the need for expensive liquefied natural gas imports.

Egypt deepens gas cuts to fertiliser makers as energy squeeze tightens

MELAKA (Nov 8): Kota Laksamana has the potential to become the new state capital of Melaka due to rapid development that can catalyse economic growth and transform the state's landscape, says Melaka Chief Minister Datuk Seri Ab Rauf Yusoh.

Kota Laksamana has potential to become Melaka's new state capital — Ab Rauf

RIYADH (Nov 8): An administrative building belonging to state oil giant Saudi Aramco in Riyadh was damaged by falling debris following an attempted attack on Sunday, with no injuries or fatalities reported, the kingdom's Energy Ministry said.

Saudi Aramco building in Riyadh damaged by falling debris after attempted attack, ministry says

ISTANBUL (Nov 8): Malaysia will deliberate on the Developing Eight (D-8) Organisation for Economic Cooperation’s target to raise intra-member trade to over US$500 billion by 2030 before the matter is brought to the Cabinet.

Ahmad Zahid: Malaysia to propose US$500 bil D-8 trade target to Cabinet

KUALA LUMPUR (Nov 8): Alliance for a Safe Community has called for a comprehensive overhaul of Kuala Lumpur’s drainage and flood mitigation systems to address recurring flash floods after just an hour or slightly more of heavy rain.

Overhaul KL drainage to tackle flash floods — Lee Lam Thye

MOSCOW (Nov 8): Symptoms of the new Covid-19 strain PJ.2.1 may be similar to those of a cold or flu, and testing is necessary, the World Health Organization (WHO) said, reported Sputnik/RIA Novosti.

New Covid-19 strain PJ.2.1 may mimic cold or flu symptoms — WHO

(Nov 8): Stockland Corp has abandoned plans for a Sydney data centre following community backlash, in another sign of growing opposition to artificial intelligence infrastructure.

Stockland scraps Sydney data centre plans after local backlash

SEREMBAN (Nov 8): The Negeri Sembilan State Legislative Assembly will not be allowed to dissolve, and efforts will be made to ensure that its sitting takes place as scheduled, said Menteri Besar Datuk Ismail Lasim.

No question of Negeri Sembilan state assembly being dissolved, says MB

PUTRAJAYA (Nov 8): The Ministry of Health (MOH) is awaiting laboratory analysis results and will conduct follow-up inspections at the Gardenia Bakeries (KL) Sdn Bhd factory to verify compliance with the Food Act 1983 following complaints of alleged food poisoning involving the company's products.

MOH awaits lab analysis results of Gardenia products

As HNG Capital observes its 50th anniversary, siblings Datuk Sean H’ng Chun Hsiang and Datin Seri Jessica H’ng Hsieh Ling — group CEO and group CFO&nbsp;respectively — represent&nbsp;a new generation of Malaysian leaders who see legacy as something to continuously reinvent rather than merely protect.

Power move

(Nov 8): Kaiser Ng, the chief financial officer at Binance Holdings Ltd, the world’s largest crypto exchange, is leaving, the company announced just days after hackers stole more than US$6 billion in cryptocurrency from the platform.

Binance’s CFO leaves company in wake of US$6 bil crypto heist

In City &amp; Country's Nov 9 cover story, we look into the progress of Warisan KL, an ambitious national initiative. Launched in May last year by Prime Minister Datuk Seri Anwar Ibrahim, the initiative aims to rejuvenate and revitalise some of the most historically significant landmarks in Kuala Lumpur.&nbsp;

Keeping KL’s story alive

WASHINGTON (Nov 7):&nbsp; US President Donald Trump on Saturday said he had asked mixed martial arts promoter Dana White to serve as White House press secretary and called on him to bring some fighters along as assistants "even though some are not from our country."

Trump says he wants UFC chief Dana White for White House press secretary

(Nov 8): Selling billions of dollars of corporate bonds on Election Day seemed like a real gamble.&nbsp;

But to Meta Platforms Inc, waiting seemed like an even bigger one.&nbsp;

The Facebook parent aimed to sell US$25 billion of bonds this quarter, and took the unusual step of...

Meta’s bond sale shows new reality for tech debt

ISTANBUL (Nov 8): Malaysia will deliberate on the Developing Eight (D-8)&nbsp;Organisation for Economic Cooperation’s&nbsp;target to raise intra-member trade to over US$500 billion by 2030&nbsp;before the matter is brought to the Cabinet.

TOKYO (Nov 8): An earthquake with a preliminary magnitude of 5.7 struck central Japan early Sunday, injuring at least 20 people in Aichi Prefecture, Kyodo News reported, citing authorities.

Magnitude 5.7 quake strikes central Japan, leaving at least 20 injured

KULAI (Nov 8): The public must improve their digital literacy as the first line of defence against increasingly complex cyber threats, including online scams, the spread of malware and the misuse of artificial intelligence technology, said Deputy Communications Minister Teo Nie Ching.

Better digital literacy needed to combat cyber threats — Teo

RIYADH (Nov 8): An administrative building belonging to state oil giant Saudi Aramco in Riyadh was damaged by falling debris following an attempted attack on Sunday, with no injuries or fatalities reported, the kingdom's Energy Ministry said.

SEREMBAN (Nov 8): The Negeri Sembilan State Legislative Assembly&nbsp;will not be allowed to dissolve, and efforts will be made to ensure that its sitting takes place as scheduled, said Menteri Besar Datuk Ismail Lasim.

KUALA LUMPUR (Nov 8):&nbsp;A festive mood filled towns and cities across the country as Hindus ushered in Deepavali on Sunday with prayers, temple visits, family reunions and gatherings with friends and neighbours.

Hindus across Malaysia celebrate Deepavali with prayers, family reunions

KRAKOW (Nov 7): A Polish gunman likely influenced by far-right ideology killed six people in the main square of the southern city of Krakow before police shot and arrested him, officials said on Saturday, adding that three more bodies were found in his home.

Poland in shock after six die in Krakow mass shooting

KUALA LUMPUR (Nov 7): The Deepavali celebration&nbsp;should serve as a platform to strengthen unity, bridge gaps between communities and foster values of compassion and concern for those in need.

Anwar extends Deepavali greetings, calls for stronger national unity

(Nov 8): China is expected to invest US$940 billion in energy in 2026, the most by any country, according to the Global Energy Transition Report 2026 released by the China Enterprise Reform and Development Society, China Central Television reported Sunday.

China set to lead world in energy investment in 2026, CCTV says

KUALA LUMPUR (Nov 8): Alliance for a Safe Community has called for a comprehensive overhaul of Kuala Lumpur’s drainage and flood mitigation systems to address recurring flash floods after just an hour or slightly more of heavy rain.

Brazil has an unfortunate habit of disappointing. Despite the country’s exceptional natural-resource endowment, its growth trajectory resembles what Brazilians call the flight of a chicken (voo de galinha): a brief flutter followed by an inevitable fall back down to Earth. President Luiz Inácio L...

The New Global Economy: Another Crash Landing for Brazil’s Economy?

Large, growing budget deficits and rising public debt-to-GDP ratios in advanced economies are rattling markets. With interest rates on government debt having gone from near zero (and even negative, in some cases) to much higher levels, rising short- and long-term bond yields have cast doubt on th...

After the Storm: Can Bond Vigilantes Prevent the Next Debt Crisis?

(Nov 8): Stockland Corp&nbsp;has abandoned plans for a Sydney data centre&nbsp;following community backlash, in another sign of growing opposition to artificial intelligence infrastructure.

MOSCOW (Nov&nbsp;8): Symptoms of the new Covid-19 strain PJ.2.1 may be similar to those of a cold or flu, and testing is necessary, the World Health Organization (WHO) said, reported Sputnik/RIA Novosti.

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