<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Feb 22): IHH Healthcare Bhd said Dr Kelvin Loh Chi-Keon has resigned as its managing director and chief executive officer with effect from Wednesday (Feb 22).</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, IHH Healthcare stated "voluntary resignation" as the reason for the Singaporean's departure from the group.</p></div>

<div class=newsTextDataWrapInner><p>“He has resigned from all offices held in IHH and IHH group of companies as nominee or representative of any IHH Group company,” the group’s spokesperson told <em>The Edge</em> when contacted.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Loh, 49, was appointed as the group’s CEO and executive director in July 2019, replacing Dr Tan See Leng. He then assumed the position of MD and CEO in January 2020.</p></div>

<div class=newsTextDataWrapInner><p>“Loh first joined IHH Group in 2008," the bourse filing read. "Between 2008 and 2017, he held a number of senior management roles before taking over as the CEO for its Singapore operations division (now known as IHH Healthcare Singapore), covering, among other services, the four multi-specialty tertiary hospitals — Mount Elizabeth, Mount Elizabeth Novena, Gleneagles and Parkway East.” &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Shares of IHH Healthcare closed down six sen or 0.99% at RM5.99 on Wednesday, valuing the group at RM52.75 billion.</p></div>


IHH Healthcare Bhd said Dr Kelvin Loh Chi-Keon has resigned as its managing director and chief executive officer with effect from Wednesday (Feb 22).

In a filing with Bursa Malaysia, IHH Healthcare stated "voluntary resignation" as the reason for the Singaporean's departure from the group.

Kelvin Loh steps down as IHH Healthcare MD and CEO

IJM Land Bhd’s Savvy serviced apartment development under the larger 16-acre (6.47-hectare) Riana Dutamas master plan in Segambut, Kuala Lumpur, has achieved a Qlassic score of 85%, according to a press statement on Monday.

IJM Land’s Savvy serviced apartment at Riana Dutamas in Segambut achieves 85% Qlassic score

(Dec 2): Finance Minister Antoine Armand said France won’t accept artificial budget deadlines from Marine Le Pen even as the far-right leader gave her strongest indication yet that she’s prepared to topple the government as soon as this week.

Le Pen’s National Rally has threatened ...

France won’t be blackmailed on budget, finance minister says

Assalamualaikum, may peace be upon all of you.

This Arabic greeting, adopted by all Muslims, is an essential reminder of the importance of peace for human progress, including shared prosperity. Unfortunately, the end of the Cold War in the early 1990s did not end with lasting peace but instead culminated in what was politely termed “unipolar domination”.

MySay: Responding creatively to the new geoeconomics and geopolitics

November 2024 marks the month that Donald Trump won the US election to become the 47th president of the US. President-elect Trump is expected to move back into the White House next January. He was last in the White House from January 2017 to January 2021 as the 45th US president. The US Senate was then controlled by the Republicans.

Pitfalls & Pitch Calls: What to expect with Trump 2.0

The government has decided to maintain the current price of raw water supplied to Singapore, as Malaysia may fall short of achieving the target of "zero dependency" on treated water from the city state by 2030.

Price of raw water sold to S'pore unchanged, as M'sia still needs treated water from city state — deputy minister

KUALA LUMPUR (Dec 2): Analysts continued to be divided towards the prospects of banks, despite better-than-expected third quarter results and improving industry indicators, amid intense competition for deposits which could still hit net interest margin (NIM) in the near term.

Analysts divided on prospects for banks after strong 3Q but lifted 2024 earnings forecast

SYDNEY (Dec 2): Australian retail sales firmed for a third straight month in October, as tax cuts flowed through to wage packets and consumers became more confident that interest rates would not increase again, although policy easing still looked distant.

Australia's retail sales firm for three months as consumer mood brightens

SYDNEY (Dec 2): Chinese beauty brand Mao Geping Cosmetics, led by one of the country's most famous make-up artists, is aiming to raise up to $270 million in a Hong Kong initial public offering, according to its regulatory filings made on Monday.

The company is selling 70.6 million share...

China's Mao Geping Cosmetics aims to raise up to $270 mln in Hong Kong IPO

Public Bank Bhd (KL:PBBANK) rose to its highest in more than a month on Monday, after the release of its third-quarter results last Friday, as analysts expect the country’s third-largest bank by assets to further write-backs of loan loss provisions in the coming quarters.

Public Bank climbs over one-month high as analysts see more write-backs in coming quarters

Local institutions were net buyers of Malaysian equities for the fourth consecutive week, with net buying of RM207.7 million last week.

However, this was lower than the RM250.6 million recorded in the week prior.

Foreign investors continue to sell on Bursa for fourth straight week at RM259.8m

<p>KUALA LUMPUR (Dec 2): Sime Darby Property Bhd (KL:SIMEPROP) said it has signed an agreement for a 20-year lease of data-centre facilities to Pearl Computing Malaysia Sdn Bhd for up to RM5.6 billion, beginning as early as 2027.</p>


SimeProp inks data-centre lease agreement worth up to RM5.6b

<p>Press Metal Aluminium Holdings Bhd (KL:PMETAL) jumped on Monday to its highest in more than one month, after the group's third-quarter results beat analysts' expectations last Friday, boosted by higher aluminium prices.</p>


Press Metal shares top one-month high after 3Q surprise, boosted by aluminium prices

<p>KUALA LUMPUR (Dec 2): The High Court on Monday has deferred in delivering its decision on a class action suit by pensioner Aminah Ahmad against the Public Services Department and the government, to compel them to enforce the Court of Appeal’s (COA) mandamus order, which mandates the government to pay them pre-2013 pension adjustment arrears prospectively from January 2022.</p>


Pension arrears decision: Court postpones judgement on Aminah Ahmad’s case to Jan 16, 2025

<p>CGS International views the recent lacklustre market performance as an excellent buying opportunity, as it&nbsp;sees potential price-earnings (P/E) expansion going into 2025.&nbsp;</p>


CGS sees market dip as prime buying opportunity, predicts P/E growth by 2025

<p>Public Bank Bhd (KL:PBBANK) rose to its highest in more than a month on Monday, after the release of its third-quarter results last Friday, as analysts expect the country’s third-largest bank by assets to further write-backs of loan loss provisions in the coming quarters.&nbsp;</p>


<p>KUALA LUMPUR (Dec 2): LBS Bina Bhd (KL:LBS) surged in early trade on Monday, after the group declared special dividends, subsequent to&nbsp;posting quarterly earnings which were boosted by a one-off disposal gain.</p>


LBS surges in early trade after disposal gain boosts earnings and special dividends

<p>KUALA LUMPUR (Dec 2): In November, the Malaysian manufacturing sector experienced a slowdown as demand conditions remained subdued, according to a statement by S&amp;P Global on Monday.</p>


Malaysian manufacturing saw eased production and new orders in November, while exports rose — S&P Global PMI

<p>Asian stocks rose for a second day, following gains on Wall Street last Friday. The dollar strengthened after US President-elect Donald Trump told BRICS nations not to&nbsp;create a currency&nbsp;to rival the greenback.</p>


Asian stocks follow US gains; Treasuries drop

<p>Fresh from having charges dropped in one criminal case, former prime minister Datuk Seri Najib Razak is back again in court, this time defending himself in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial.</p>


1MDB-Tanore: Najib takes stand in his defence

<p>JPMorgan Chase &amp; Co&nbsp;is turning its back on a trend that’s been embraced by many of its Wall Street peers.</p>


JPMorgan rejects transition-finance trend gripping Wall Street

<p>The foreign labour market is a lucrative business in Malaysia. Every year, up to 2.7 million foreign workers come into the country seeking employment legally</p>


Alternative Views: How a lucrative immigration IT system survived five prime ministers and is poised to rake in billions

<p>Investors are scrambling to decide if Donald Trump’s impending return to the White House will sustain or derail the rally in emerging-market (EM) bonds witnessed under Joe Biden.</p>


Stocks versus bonds dilemma hits EM investors as Trump returns

<p>Bangladesh wants to sharply lower prices under a power purchase deal with India's embattled&nbsp;Adani&nbsp;Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal, its de facto energy minister told <em>Reuters </em>on Sunday.</p>


Bangladesh wants to renegotiate Adani power deal unless court cancels

<p>Macau’s gaming revenue rose 14.9% in November, exceeding analysts’ expectations in a month that’s typically slow due to a lack of holidays.&nbsp;</p>


Macau's gaming revenue up 14.9% in November, above estimates

<p>KUALA LUMPUR (Dec 2): The Madani Government’s determination and efforts to combat cybercrime in ensuring online safety take a significant step forward with the tabling of two related bills in the Dewan Rakyat on Monday.</p>


Combating cybercrime, Madani Govt to table two bills in Parliament on Monday 

<p>KUALA LUMPUR (Dec 2): The dropout issue, the achievements of the Malaysian Education Blueprint 2015-2025 (Higher Education), and the services of automatic passport scanning machines at all national entry points will be topics to be discussed in the Dewan Rakyat on Monday.</p>


Dropout issue, autogates at national entry points focus of Dewan Rakyat on Monday

<p>WASHINGTON (Dec 1): US&nbsp;President Joe Biden said on Sunday that he had pardoned his son, Hunter Biden, who had been convicted of making false statements on a gun background check and illegally possessing a firearm and pled guilty to federal tax charges.</p>


Biden says he has pardoned his son Hunter

<p>Local institutions were net&nbsp;buyers of Malaysian equities for the fourth consecutive week, with net buying of RM207.7 million last week.</p>

<p>However, this was&nbsp;lower than the RM250.6 million recorded in the week prior.</p>


<p>MILAN/DETROIT (Dec 2): Stellantis Chief Executive Carlos Tavares resigned abruptly on Sunday, two months after a profit warning at the maker of Jeep, Fiat and Peugeot cars that has lost around 40% of its value this year.</p>

<p>The company said it would seek to find a replacement CEO in the fi...

Stellantis CEO Carlos Tavares abruptly quits as US Jeep, Ram sales falter

<p>TOKYO (Dec 2): Japanese corporate spending on plant and equipment rose 8.1% year-on-year in the third quarter, the country's Ministry of Finance data showed on Monday, signalling that solid domestic demand was underpinning the country's fragile economic recovery.</p>
