A total of 1,689 candidates from 12 parties will contest 222 seats nationwide in the Malaysia Youth Parliament (PBMy) elections on Nov 1 and 2.

Malaysia Youth Parliament elections set for Nov 1-2

Israel’s election monitor called for an investigation into possible meddling by foreign entities, after Prime Minister Benjamin Netanyahu and some far-right allies decried the high turnout among Arab citizens.

Israel probes votes after Netanyahu alleges Arab sector rigging

Two local companies licensed to extract rare earth elements (REE) in Kelantan are expected to begin mining next year.

Rare earth elements: Two Kelantan companies expected to begin mining next year

KUALA LUMPUR (Oct 29): Pharmacy chains operator Big Caring Group Bhd is looking to raise RM2.03 billion in Malaysia's second-largest listing this year.

Big Caring sets Main Market IPO at RM1.08 apiece, shareholders to pocket RM1.4 bil

One of the three Court of Appeal (COA) judges hearing the federal government’s appeal over the Sabah revenue issue on Thursday quizzed parties as to what had transpired between the federal and Sabah governments between 1969 to 2021 that had resulted in them not agreeing to a review between them to increase the state’s revenue.

What happened during 'the lost years', asks COA judge on decades-delayed Sabah-federal revenue review

The government will from next year disclose more details of its projects, including the contractors undertaking them and their contract values, Finance Minister II Datuk Seri Amir Hamzah Azizan said on Thursday.

Govt to disclose contractors, contract value of its projects under new law in 2027 — Amir Hamzah

Zetrix AI Bhd's (KL:ZETRIX) wholly owned unit MyEG Sdn Bhd has received an additional income tax assessment of RM353.13 million from the Inland Revenue Board (IRB) over transfer pricing matters for the years of assessment 2021 to 2023.

Zetrix AI’s MyEG unit hit with RM353.13 mil tax bill, govt files suit

Zetrix AI Bhd (KL:ZETRIX) told Bursa Malaysia in response to its queries that a dissolution event for its RM2 billion sukuk was triggered after it breached a covenant requiring managing director Wong Thean Soon to remain its largest shareholder.

Zetrix AI tells Bursa dissolution event for RM2 bil sukuk triggered but no immediate repayment of RM2.16 bil required

SD Guthrie Bhd (KL:SDG) has partnered with YTL Power International Bhd (KL:YTLPOWR) and Bumi Assets Sdn Bhd to develop a 1,623-acre industrial park in Bukit Kerayong, Selangor.

SD Guthrie to join hands with YTL Power, Bumi Assets to develop 1,623-acre Klang industrial park

Ahmad Syahazan Yaacob has been elected as the new president of the Malaysian Institute of Accountants (MIA) and Datuk Muhamad Umar Swift as its vice president, with both positions effective Thursday, said MIA.

Ahmad Syahazan elected MIA president, Muhamad Umar as vice president

KUALA LUMPUR (Oct 29): Pharmacy chains operator Big Caring Group Bhd is looking to raise RM2.03 billion in Malaysia's second-largest listing this year.

Datin Seri Rosmah Mansor has been warned that resisting the enforcement of RM67.5 million in damages awarded to a Lebanese jeweller is tantamount to contempt of court.

Dodging RM67.5 mil payout to jeweller amounts to contempt of court, Rosmah told

KUALA LUMPUR (Oct 29): The federal government paid RM155 million in compensation to Borneo Highway PDP Sdn Bhd (BHPSB) following the termination of its project delivery partner (PDP) agreement for the Sabah Pan Borneo Highway project seven years ago.

Govt compensates former Sabah Pan Borneo project partner RM155m over terminated agreement — Nanta

The Court of Appeal (COA) has reversed a High Court decision and granted leave (permission) for lawyer Rosli Dahlan to challenge the Police and the Public Prosecutor's move to seize his four Amanah Saham Nasional Bhd (ASNB) accounts under the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds from Unlawful Activities Act (AMLA).&nbsp;

Court of Appeal gives green light for lawyer Rosli Dahlan to challenge Public Prosecutor's move to seize his ASNB accounts

GENTING Bhd (KL:GENTING) made a cash call on Oct 9 to raise RM1.25 billion — 53 years after its first one.

The conglomerate, which was listed in 1971, called for a rights issue in 1973.

At that time, Genting’s call for more cash from shareholders was acceptable. It was a perio...

Cover Story: No further fundraising planned for now, says Genting 

Joint management bodies (JMBs) and management corporations (MCs) cannot completely block owners who default on maintenance fees from accessing their own units, Housing and Local Government Minister Nga Kor Ming said.

Strata managers cannot completely deny defaulters access to their units, says Nga

Pandu Sjahrir, the prominent Indonesian wealth fund executive who has publicly supported MSCI Inc’s scrutiny of the nation’s stock market, is the co-owner of a brokerage sanctioned in connection with a stock-market manipulation probe.

Indonesia’s wealth fund chief investment officer owns stake in sanctioned brokerage

<div class="content-side-bar-box" style="background-color: lightblue; color: black;">
Summary

<ul>
	<li>Long considered a safe- haven stock by retail investors, Genting Bhd’s status as a cash cow diminished after the company called for...

Cover Story: Debt repayment looms for Genting

A total of 13 members of Parliament, including former prime minister and Bersatu president Tan Sri Muhyiddin Yassin and Muda’s Syed Saddiq Syed Abdul Rahman, signed a confidence-and-supply agreement (CSA) with the federal government on Thursday, strengthening Prime Minister Datuk Seri Anwar Ibrahim’s position in Parliament.

Govt signs confidence-and-supply deal with 13 MPs, including Muhyiddin and Syed Saddiq, strengthening support for Anwar 

The Home Ministry has decided to redeploy Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain to the Royal Malaysian Police (PDRM), where he previously served.

Mohd Shuhaily to return to police force, says Saifuddin Nasution

BENGALURU (Oct 29): Australia's Lynas Rare Earths posted a 55% jump in first-quarter revenue on Thursday, helped by record realised prices, while warning that planned shutdowns at its Malaysia and Kalgoorlie facilities would weigh on current-quarter production.

Lynas posts 55% revenue jump on record prices, flags plant shutdowns

CTOS Digital Bhd (KL:CTOS) rose on Thursday, extending a rebound from record lows, after the credit reporting firm’s latest results&nbsp;even as analysts warned of a weaker quarter ahead.

CTOS rises after results, analysts warn of weaker quarter ahead

Property developer Parkland Bhd has secured approval from the Securities Commission Malaysia for its proposed listing on the Main Market.

Parkland: Regulator green-lights Main Market IPO

FROM a single casino in Genting Highlands, established by the late Tan Sri Lim Goh Tong in the 1960s, the Genting group has grown into a diversified conglomerate with interests spanning gaming, hospitality, leisure and property. It now has gaming operations in multiple markets worldwide.

<...

Cover Story: As the group expanded, so too did its debt burden 

Investors flocked to SKA Capital Bhd’s initial public offering (IPO) ahead of its ACE Market listing, with demand exceeding the shares available to the Malaysian public by 80.42 times.

SKA Capital’s ACE Market IPO oversubscribed by 80.42 times

Big Caring Group Bhd, Malaysia’s biggest pharmacy chain operator en route to the Main Market, said it is aiming to add up to 50 stores annually over the next five years.

Big Caring aims to add up to 50 stores a year in next phase of growth

Alphabet Inc’s search and advertising sales disappointed in the most recent quarter, reinforcing investors’ fears that Google is losing ground to artificial intelligence (AI) rivals despite pouring hundreds of billions of dollars into the technology.

Alphabet’s revenue miss reignites fears over AI spending binge

Zetrix AI Bhd (KL:ZETRIX) told Bursa Malaysia in response to its queries that a dissolution event for its RM2 billion sukuk was triggered after it breached a covenant requiring managing director Wong Thean Soon to remain its largest shareholder.

SD Guthrie Bhd (KL:SDG) has partnered with YTL Power International Bhd (KL:YTLPOWR) and Bumi Assets Sdn Bhd to develop a 1,623-acre industrial park in Bukit Kerayong, Selangor.

SEOUL (Oct 29): Samsung Electronics&nbsp;posted a 15-fold jump in quarterly chip profit on Thursday, powered by the AI boom, but its shares tumbled as investors balked at a lack of fresh shareholder-return plans and an outlook that lagged rival SK Hynix's.

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