Both the Employees Provident Fund and Lembaga Tabung Haji are no longer substantial shareholders of Globetronics Technology Bhd (KL:GTRONIC) following the company's recent announcement that its external auditor KPMG PLT has voluntarily resigned.

EPF and Tabung Haji no longer substantial shareholders of Globetronics

Chinese appliance giant Midea Group Co raised US$4 billion (RM17.26 billion) in its Hong Kong listing, in an enlarged deal that was priced at the top of the marketed range, in a show of demand for the city’s biggest share sale in over three years.

Midea raises US$4b in upsized Hong Kong listing

KUALA LUMPUR (Sept 13): Genting Bhd’s (KL:GENTING) new floating liquefied natural gas (FLNG) facility could potentially add RM613 million per annum to its net profit from FY2027 onwards, and RM1.27 per share to fair value.

Genting’s new FLNG facility to boost annual earnings by RM613m from FY2027 — CIMB

Sales of Mazda and Kia vehicles are expected to pick up in the months ahead as analysts shrugged off Bermaz Auto Bhd’s (KL:BAUTO) weaker-than-expected quarter.

Volume-heavy Mazda cars, 10% dividend yield set to prop up Bermaz Auto after weak quarter

Analysts believe Hong Leong Bank Bhd's (KL:HLBANK) 19.76%-owned listed associate Bank of Chengdu's asset quality should remain resilient, due to excellent precautionary and strict measures taken.

Analysts expect Bank of Chengdu's asset resilience, strict policies to benefit Hong Leong Bank

Lee Thiam Wah’s first retail venture was selling snacks from a roadside stall in Malaysia. Several decades later, the entrepreneur has transformed that humble beginning into a sprawling retail empire of more than 2,600 convenience stores across the nation.

Mini-mart king hits billionaire status in Malaysia’s hot IPO market

Hong Leong Investment Bank (HLIB) has trimmed the valuation, and in turn its target price (TP), of Notion VTec Bhd (KL:NOTION), despite a decent set of earnings figures for the third quarter ended June 30, 2024 (3QFY2024).

Strong ringgit to weigh on Notion VTec earnings, says HLIB

Kenanga Research has raised its earnings forecasts for Bintulu Port Holdings Bhd (KL:BIPORT) by 10% for both the financial year ending Dec 31, 2024 (FY2024) and FY2025, citing a more positive outlook driven by expected stability in liquefied natural gas (LNG) gas supply and promising developments in port tariffs.

Kenanga raises Bintulu Port earnings forecasts by 10% for FY2024-25 on strong LNG supply

Mega First Corporation Bhd (KL:MFCB) is gearing up for a robust second half ending Dec 31, 2024 (2HFY2024), bolstered by increased energy availability and a turnaround of its oleochemical business.

Mega First poised for stronger 2H on energy gains, strategic expansion — PublicInvest Research

KUALA LUMPUR (Sept 3): CIMB Securities has increased Tenaga Nasional Bhd’s (TNB) (KL:TENAGA) earnings forecast, after TNB reported a robust performance for its first half of FY2024 (1HFY2024), partly driven by a notable turnaround in its local power generation business, GenCo.

CIMB raises TNB’s core EPS forecast on power-generation biz turnaround, rising data centre-led demand

Alliance Bank Malaysia Bhd (KL:ABMB) is on track to achieve record profit for the financial year ending March 31, 2025 (FY2025), as loans and non-interest income continue to expand steadily, analysts said.

Alliance Bank treading steadily towards record-high earnings — analysts

Visits to Genting Bhd's (KL:GENTING) Resorts World Genting (RWG) were still below pre-pandemic levels, despite a stronger second-quarter revenue boosted by higher tourist visitations on the back of visa-free travel.

Visits to Resorts World Genting still below pre-pandemic levels — Phillip Capital

Malayan Banking Bhd (KL:MAYBANK) is on track for record profits, and will make close to RM10 billion this year, even as the country’s largest bank by assets turns its attention to protect margins, analysts said.

Maybank on track for record profits, to make close to RM10b this year — analysts

KUALA LUMPUR (Aug 28): A stronger ringgit may drag on Malaysian Pacific Industries Bhd’s (KL:MPI) even as overall earnings growth outlook remains robust following latest better-than-expected results, CIMB Securities said.

Stronger ringgit may drag on MPI’s robust growth outlook — CIMB

PORT-AU-PRINCE, Haiti (Sept 14): A fuel truck exploded on a road in Haiti's southern peninsula on Saturday, killing at least 25 people, according to local media, and leaving dozens of survivors with serious burns.

Haitian PM visits 'horrible scene' of gas truck blast; death toll now put at 25

CAIRO (Sept 14): At least three people were killed and 49 others wounded in a collision between two passenger trains in Zagazig city northeast of Cairo, Egypt's health ministry said on Saturday.

At least three killed, 49 injured in Egypt train collision

KUALA LUMPUR (Sept 15): Inspired by the ongoing “Naomi: In Fashion” exhibition at the Victoria & Albert museum in London, we take a look at some of the most unforgettable moments in the groundbreaking model, cultural icon and activist’s 40-year (and counting) career history, starring Suganya Bala Subramaniam.

Super trouper

KUALA LUMPUR (Sept 15): Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation-building. In conjunction with Malaysia Day this year, some of the country’s top property developers and key real estate associations share their thoughts on what being Malaysian means to them and their organisations, as well as their hopes for the country.

Building together

PAS' 70th muktamar on Saturday unanimously approved seven proposed amendments to the party's constitution, including the creation of clear and strict anti-party-hopping provisions.

PAS amends constitution; those joining, supporting another party automatically lose membership

The Selangor Islamic Religious Department (JAIS) has been ordered to conduct an immediate investigation into all welfare homes and Islamic schools in the state associated with Global Ikhwan Services and Business (GISB) Holdings and its network, according to the Selangor Islamic Religious Council (MAIS).

JAIS to probe welfare homes, religious schools linked to GISB over purported teachings that deviate from Islam

Permanent and pensionable civil servants who opt for the Public Service Remuneration System (SSPA) will not only have a permanent and unaffected pension, but will also receive salary adjustments.

Permanent civil servants opting for new remuneration system to keep pension, get salary adjustments

The chief executive officer of the Malaysian Palm Oil Council (MPOC), Belvinder Kaur Sron, on Saturday called on the European Union to delay the implementation of its Deforestation Regulation (EUDR), in order to address flaws of the policy.

MPOC calls on EU to delay implementation of its deforestation regulation

Wars, disease, famine, pestilence and weather disturbances have marked 6,000 years of man’s recorded history. Yet mankind survived. The dropping of atomic bombs in 1945, followed by the proliferation of nuclear weapons have ironically not made the world less safe in the 80 years after the Second World War. The ravaging impact of climate change, on the other hand, has so far not spared any country or continent. Hence, unlike earlier threats to civilisation which were localised within a country or continent — even the Second World War was essentially a European and Asian conflict — global warming and climate change affect the entire world. It is a global crisis requiring global response. In consequence, climate crisis has emerged as the greatest existential threat, not just to mankind, but to our very Earth.

Practitioners of the law must be fully immersed in climate governance

The police carried out six months of intelligence and investigations before raiding 20 care homes linked to Global Ikhwan Services and Business (GISB) Holdings over allegations of child exploitation and abuse.

Care homes raided following six months of intelligence, probe — IGP

PAS' 70th muktamar on Saturday unanimously approved seven proposed amendments to the party's constitution, including the creation of clear and strict anti-party-hopping provisions.

KUALA LUMPUR (Sept 15): Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation-building. In conjunction with Malaysia Day this year, some of the country’s top property developers and key real estate associations share their thoughts on what being Malaysian means to them and their organisations, as well as their hopes for the country.

KUALA LUMPUR (Sept 15): Inspired by the ongoing “Naomi: In Fashion” exhibition at the Victoria &amp; Albert museum in London, we take a look at some of the most unforgettable moments in the groundbreaking model, cultural icon and activist’s 40-year (and counting) career history, starring Suganya Bala Subramaniam.&nbsp;

CAIRO (Sept 14): At least three people were killed and 49 others wounded in a collision between two passenger trains in Zagazig city northeast of Cairo, Egypt's health ministry said on Saturday.

PORT-AU-PRINCE, Haiti (Sept 14): A fuel truck exploded on a road in Haiti's southern peninsula on Saturday, killing at least 25 people, according to local media, and leaving dozens of survivors with serious burns.

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