EVENING 5: Five things you need to know today 

Energy, Science, Technology, Environment and Climate Change (MESTECC) Minister Yeo Bee Yin is one of the busiest women in politics, but she seems more than up to the task. In Part 1 of our interview, we talk to her about major sector reforms and the importance of good enforcement.

Mobil...

TALKING EDGE: Yeo Bee Yin: A woman on a mission

#JUSTSAYING: Prime Minister Tun Dr Mahathir Mohamad has appointed an ex-politician to clean up corruption in Malaysia, and he’s done it without asking anyone. So is Latheefa Koya the right person?

 

Following is a transcript of the video: 

...

#JustSaying: Does Latheefa deserve to be the MACC's new boss? 

#JUSTSAYING: Maszlee Malik is Malaysia Baru’s most controversial Cabinet Minister to date, mostly thanks to his habit of putting his foot in his mouth. His latest remarks have divided the nation, but should we use our anger over the remarks made by one inarticulate Cabinet Minister as an excuse t...

#JUSTSAYING: Get mad at Maslee Malik’s verbal gaffe, but don’t let it divide us

All 156 units of Sunway Maple Residence Phase 1 in Sunway City Iskandar Puteri (SCIP), Johor, were fully taken up within two hours of the launch last weekend, according to Sunway Property, the real estate arm of Sunway Bhd (KL:SUNWAY), in a media statement on Wednesday.

Sunway City Iskandar Puteri's first freehold landed homes snapped up within two hours of launch

KUALA LUMPUR (Sept 11): Malayan Banking Bhd (KL:MAYBANK) said on Wednesday that it has invested in Funding Societies — the fintech company that operates a digital funding and debt investment platform for small businesses.

Maybank announces investment in Funding Societies

THE idea of developing a third port for Port Klang was first mooted in 2010 as part of the Port Klang Master Plan (2010-2013). But the government had put on hold its plans for the proposed terminal, following criticism from some quarters, who had at the time pointed out that Westports and Northpo...

Special Report:  At long last, Port Klang seems likely to get a third port

KUALA TERENGGANU (Sept 11): Terengganu Incorporated (Terengganu Inc), in collaboration with&nbsp;TNB Power Generation Sdn Bhd (TNB Genco), has launched a floating solar farm at Lake Kenyir, expected to generate up to 2,000 megawatts (MW) of electricity.

Terengganu Inc, TNB Genco launch 2,000MW floating solar farm at Lake Kenyir

The world’s advanced economies might just have a new reason to hope for a firmer growth footing in the next year, if some of the most bearish forecasts for oil hit the mark.&nbsp;

Oil’s fall into US$60s widens runway for global economy to make soft landing

KUALA LUMPUR (Sept 11): Energy stocks were the largest losers on Bursa Malaysia, fallen all the way back to early this year, as Brent crude oil dipped below US$70 (RM303.15) a barrel&nbsp;on concerns of slowing economic growth.&nbsp;

Energy stocks erase 2024 gains as Brent dips below US$70

Sabah-based port operator Suria Capital Holdings Bhd (KL:SURIA) said it has signed a new joint development agreement (JDA) to formalise the development of a mixed commercial project within the Kota Kinabalu port area.

Suria Capital signs JV agreement for Jesselton Docklands 2 mixed commercial project in Kota Kinabalu

KUALA LUMPUR (Sept 11): Muhammed Yusoff Rawther, who had previously worked with Datuk Seri Anwar Ibrahim when he was opposition leader, has been remanded by the police since last Friday (Sept 6).

Anwar-accuser Yusoff Rawther remanded since Friday over purported drug and pistols found in car

A company backed by the mother of Asia pop megastar Jay Chou saw its stock tumble by a record 72% Wednesday, with no immediately apparent reason.

The slide took shares of Star Plus Legend Holdings Ltd below their initial public offering price for the first time since their July 2023 listing in Hong Kong. Volume was 49 times the three-month daily average.

Hong Kong stock tied to pop star Jay Chou suddenly plunges 72%

Kerjaya Prospek Group Bhd (KL:KERJAYA) said on Wednesday it had secured a RM292.8 million contract for building works in Kuala Lumpur.

Kerjaya Prospek gets RM292.8m construction contract

The much-anticipated reopening of Stadium Merdeka finally happened on Aug 17 in conjunction with the Sultan of Selangor’s Cup, where Selangor edged out Singapore 2-1. The stadium was closed in 2016 to make way for the construction of the soon-to-be-opened Merdeka 118 tower.

Stadium Merd...

Stadium Merdeka returns to its former glory

(Sept 11):&nbsp;Malaysian home-improvement retailer Mr DIY Group (M) Bhd (KL:MRDIY)&nbsp;is considering listing its Indonesian unit in Jakarta as soon as this year, or early 2025, according to people familiar with the matter.

Mr DIY’s Indonesian unit said to eye IPO in late 2024 — Bloomberg

Malaysia's first luxury airport transit hotel, CapsuleTransit MAX, officially opened on Sept 3, according to a press release on Sept 3.

Malaysia's first luxury airport transit hotel CapsuleTransit MAX opens at KLIA Terminal 2

Financial fraud investigator Richard Templeman told the court here on Wednesday that former&nbsp;1Malaysia Development Bhd (1MDB) CEO Arul Kanda Kandasamy had nothing to do with transactions the company undertook prior to 2015.

1MDB investigator says Arul Kanda had nothing to do with 1MDB deals prior to 2015

theedgemalaysia.com&nbsp;highlighted one stock with negative momentum at Bursa Malaysia’s noon market break on Wednesday.

IGB Commercial REIT

EP Manufacturing Bhd (KL:EPMB) is placing out shares representing 30% of its issued share capital, 15% each to its largest shareholder Mutual Concept Sdn Bhd and a subsidiary of Bermaz Auto Bhd (KL:BAUTO), to raise RM39.65 million to part finance the construction of its manufacturing hub in Melaka.

EPMB places out 30% of its shares, half to largest shareholder and half to Bermaz Auto, to fund new manufacturing plant

KUALA LUMPUR (Sept 11): Former attorney general (AG) Tan Sri Tommy Thomas’ bid to recuse a High Court judge presiding over Tan Sri Shahrir Abdul Samad’s malicious prosecution suit against him will be heard on Nov 6 this year.

Ex-AG Tommy Thomas’ bid to recuse judge in malicious prosecution suit to be heard in November

Southern Steel Bhd (KL:SSTEEL) may see a new controlling shareholder as it has proposed undertake an issuance of new shares, representing not less than 50.1% of its enlarged issued share capital, to Singapore company Green Esteel Pte Ltd.

Singapore's Green Esteel may emerge as new controlling shareholder in Southern Steel

The Kuala Lumpur International Airport (KLIA) is leading&nbsp;the list of the Top 25 Low-Cost Megahubs,&nbsp;offering&nbsp;14,583 possible low-cost&nbsp;connections across 137 destinations, according to OAG Megahubs 2024.

KLIA tops OAG's list of low-cost megahubs

A summary of how key Bursa Malaysia indices and the ringgit performed on Wednesday.

The Edge TV

‌
‌

The Edge TV

‌‌

‌
‌