<div class=newsTextDataWrapInner><p>（吉隆坡23日讯）Boustead Holdings Bhd将于6月28日从大马交易所主板除牌。</p></div>

<div class=newsTextDataWrapInner><p>根据早前的文告，武装部队基金局（LTAT）通过大华继显（UOB Kay Hian Securities (M) Sdn Bhd）于6月16日向持反对意见的股东发布强制收购通知，称将以现金从他们手中强制购买股份。</p></div>

<div class=newsTextDataWrapInner><p>LTAT将在通知之日起1个月届满后，或在公布所有其他持反对意见的股东姓名和地址后14天后，收购Boustead Holdings的剩余股份。</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>上个月，LTAT收购了Boustead Holdings超过90%股份，达到了将该公司私有化的门槛。</p></div>

<div class=newsTextDataWrapInner><p>截稿时，Boustead Holdings企于85.5仙，市值达17亿3000万令吉。</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>（编译：魏素雯）</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>English version</em>：<a href="https://theedgemalaysia.com/node/672306">Boustead sets for June 28 delisting from Bursa Malaysia</a></p></div>


（吉隆坡23日讯）Boustead Holdings Bhd将于6月28日从大马交易所主板除牌。

Boustead将于6月28日除牌

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Apollo’s Slok sees rising chance Fed holding rates in November

Venezuela detained former oil minister Pedro Tellechea over the weekend as part of an internal purge at the state oil company after President Nicolás Maduro’s disputed reelection.

Tellechea, a technocrat from the petrochemical sector, served as oil minister until Aug 27, when he was replaced by Vice President Delcy Rodríguez.

Venezuela arrests former oil minister Tellechea in latest government purge

Thames Water Utilities Ltd has officially started a process to raise at least £3.3 billion (RM18.52 billion) in equity that it needs to stay afloat.

The process started in the past week, meaning potential investors now have access to a data room that provides sensitive information about the company, according to a person familiar with the plans.

Thames Water is said to start process to raise fresh equity — Bloomberg

The government will continue to provide various incentives to developers who are committed to the construction of affordable housing, including tax relief and access to more strategic properties, Deputy Prime Minister Datuk Seri Fadillah Yusof said.

Govt to continue incentives for developers committed to affordable housing — Fadillah

Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.

DNeX, PTT Synergy, MyEG, HeiTech Padu, AWC, Khee San, KIP REIT, CIMB, Alpha IVF

US insurer MetLife Inc is in advanced talks to buy PineBridge Investments’ assets outside of China, people familiar with the matter said, in a deal that could be valued at US$1 billion (RM4.3 billion) to US$1.5 billion.

MetLife said to be in talks to buy tycoon Li’s PineBridge assets outside of China — Bloomberg

Master Builders Association Malaysia (MBAM) said it is opposed to the government's plan to introduce mandatory Employees Provident Fund (EPF) coverage for non-citizen workers.

While acknowledging the rationale behind safeguarding the retirement savings of foreign workers, the association said the proposal will have significant cost implications, especially for the construction sector.

Reconsider mandatory EPF coverage for foreign workers, contractors tell govt

Wall Street's main indexes were subdued on Monday as investors took a breather after the previous week's rally, awaiting results from major companies that could influence whether markets would sustain their record highs or decline.

Wall Street muted as investors pause ahead of big corporate earnings

After more than four months of waging a public battle with activist investor Elliott Investment Management, low-cost pioneer Southwest Airlines Co may finally be headed towards a truce

Southwest seeks truce with Elliott after major policy tweaks

China is on track to become the largest market for Russia’s pipeline gas this year, overtaking Europe after the Kremlin’s war against Ukraine capped flows of the fuel to the region.

China is overtaking Europe as top market for Russia’s pipeline gas

<p>AFTER decades of organic growth in Malaysia, Public Bank Bhd (KL:PBBANK) pulled a surprise last week by announcing its first big merger and acquisition (M&amp;A) since acquiring Hock Hua Bank Bhd in early 2001.</p>

<p>In a packed press conference last Thursday (Oct 10), managing director and C...

Teh family’s restricted offering of Public Bank shares seen as move to deter mergers 

<p>NATIONAL oil company Petroliam Nasional Bhd (Petronas) is close to awarding RM8 billion to RM10 billion worth of contracts as part of its maintenance, construction and modification (MCM) initiatives, sources familiar with the matter tell The Edge.</p>

<p>It is understood that a number of compa...

Petronas to dish out up to RM10b worth of jobs

<p>A sub-editor with national news agency Bernama told the High Court on Monday that she stopped receiving returns on her RM50,000 investment in Trillion Cove Holdings Sdn Bhd, one of three companies that was raided by Bank Negara Malaysia (BNM) in November 2021.</p>


Investor seeks return of RM50,000 investment in Trillion Cove

<p>A carbon capture and storage (CCS) venture by Petroliam Nasional Bhd (Petronas) and its foreign partners is advancing, with a Japanese consortium awarded the engineering design work for the project located in southern offshore Malaysia.</p>

<p>The eight-company consortium led by Mitsui &amp; C...

Petronas’ CCS project takes another step forward as Japanese firms win engineering design bid

<p>Compulsory coverage for non-Malaysian workers under the Employees&nbsp;Provident Fund&nbsp;(EPF) is in line with the fund's efforts to ensure that all workers have access to social protection, according to chief executive officer&nbsp;Ahmad Zulqarnain Onn.</p>


Mandatory EPF coverage for non-M'sians can lead to greater fairness in labour market — CEO

<p>The Ministry of Investment, Trade and Industry (Miti) will help&nbsp;Perusahaan&nbsp;Otomobil Kedua&nbsp;Sdn Bhd&nbsp;(Perodua) produce Malaysia's first electric vehicle (EV)&nbsp;priced&nbsp;under&nbsp;RM100,000.&nbsp;</p>


Miti to help Perodua produce Malaysia's first EV under RM100k by end-2025, says Zafrul

<p>A new iPad lineup wasn’t the only thing on Tim Cook’s mind when he introduced the tablets from Apple Inc’s California headquarters in May. The hint was on his feet: a pair of one-of-a-kind sneakers designed on an iPad just for Cook, by Nike Inc.</p>


Apple CEO Tim Cook’s other job: Helping Nike turn things around

<p>Employers have been cautioned against using the new minimum wage rate as the starting salary for all employees, including graduates, said Human Resources Minister&nbsp;Steven Sim Chee Keong.</p>


New minimum wage not benchmark for employees' starting salaries, says HR minister

<p>MyEG Services Bhd (KL:MYEG) and HeiTech Padu Bhd (KL:HTPADU) said they have commenced a partnership for current and future e-government projects in Malaysia in which either one party is involved.</p>


MyEG, HeiTech affirm collaboration in current and future e-government projects

<p>Malaysia’s plantation sector companies will be negatively impacted by Budget 2025 announcements, including rise in minimum wage, multi-tier system on foreign worker levies, as well as the increase in crude palm oil (CPO) export duty rate, analysts said.</p>


Budget 2025 measures net negative to plantation sector but minimum wage impact priced in, say analysts

<p>Hata Digital Sdn Bhd, the fifth licensed digital asset exchange (DAX), raised US$4.2 million (RM18.07 million) in seed fundraise to expand into new products and acquire users in the Asia region.<br />
&nbsp;<br />
The lead investors are US-based venture capital firm Castle Island Ventures (Castle Island) and Cadenza Venture (Cadenza).&nbsp;</p>


Hata raises US$4.2 mil from US institutional investors 

<p>Imprisoned former prime minister Datuk Seri Najib Razak said that he would never act against the interest of the country or companies under his purview, as he is beholden to his oath of office.</p>


Najib says took an oath, would not do anything against country's interest

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Monday.</p>


<p>The federal government is working on restructuring its incentive packages for data centre investments in the country to ensure they bring broader economic benefits to the people, said Treasury secretary general Datuk Johan Mahmood Merican.</p>


Govt to restructure data centre incentives with ‘scorecard’ approach — Treasury sec gen

<p>Dagang NeXchange Bhd (KL:DNEX) said it has appointed Faizal Sham Abu Mansor as its group chief executive officer effective Nov 1, succeeding executive chairman Tan Sri Syed Zainal Abidin Syed Mohamed Tahir Jamalullail in leading the company's management team.</p>


DNeX appoints Faizal Sham Abu Mansor as group CEO

<p>3REN Bhd (KL:3REN), an automation solutions and engineering services provider, is poised for a potential 14.3% rise above its initial public offering (IPO) price of 28 sen per share, according to TA Securities.</p>


TA Securities sees 14% upside for 3REN IPO

<p>（吉隆坡21日讯）由新加坡华侨银行（OCBC）部分持股的美佳富特斯（Mega Fortris Bhd），计划上市大马交易所主板筹集逾1亿9800万令吉。</p>


每股67仙 美佳富特斯上市主板筹1.98亿

<p>US stocks are unlikely to sustain their above-average performance of the past decade as investors turn to other assets including bonds for better returns, Goldman Sachs Group Inc strategists said.</p>


Decade of big S&P 500 gains is over, Goldman strategists say

<p>A summary of how key Bursa Malaysia indices and the ringgit performed on Monday.</p>


FBM KLCI down 0.02% to 1,645.68 on Oct 21, 2024

<p>Members of Parliament are allowed to debate the full content of Budget 2025, including parts that Prime Minister Datuk Seri Anwar Ibrahim did not read out during the presentation of the document last Friday, said Deputy Speaker&nbsp;Datuk Dr Ramli Mohd Nor.</p>

<p>Ramli said this before the debate session on the Supply Bill (Budget) 2025 began in the Dewan Rakyat on Monday.</p>
