<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 24): Boilermech Holdings Bhd has proposed to change its name to BM GreenTech Bhd.</p></div>

<div class=newsTextDataWrapInner><p>In a filing to Bursa Malaysia on Monday (July 24), the company said the proposed name has been reserved with the Companies Commission of Malaysia on July 10 and is valid until Aug 8.</p></div>

<div class=newsTextDataWrapInner><p>“The company will apply for an extension of time on the reservation for the proposed name for another 30 days before the expiry on Aug 8,” said the biomass boiler design and manufacturing company.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a separate filing, Boilertech notified that its joint managing director Leong Yew Cheong had disposed of 6.1 million shares or a 1.18% stake in the company for RM4.36 million.</p></div>

<div class=newsTextDataWrapInner><p>Leong still owns 5.85% stake in the company. He was appointed to the board in October 2010 and was made the joint managing director in March 2021.</p></div>

<div class=newsTextDataWrapInner><p>Boilermech’s largest shareholder is Main Market-listed QL Resources Bhd with a 52.57% stake.</p></div>

<div class=newsTextDataWrapInner><p>The company's shares gained 2.5 sen or 3.45% to 75 sen on Monday, valuing the company at RM384.35 million.<br />
&nbsp;</p></div>


Boilermech Holdings Bhd has proposed to change its name to BM GreenTech Bhd.

In a filing to Bursa Malaysia on Monday (July 24), the company said the proposed name has been reserved with the Companies Commission of Malaysia on July 10 and is valid until Aug 8.

Boilermech proposes name change to BM GreenTech

Barisan Nasional (BN) retained the Mahkota state seat after its candidate Syed Hussien Syed Abdullah secured a 20,648-vote majority win over the Perikatan Nasional (PN) challenger in the by-election on Saturday.

BN retains Mahkota state seat with landslide majority of 20,648 votes

The police are currently investigating claims made via Pusat Kajian Ajaran Sesat's (Pukas) Facebook account regarding the existence of GISB Holdings Sdn Bhd quarantine centres at various locations, both domestically and abroad.

Police probing allegations of indoctrination at GISB quarantine centres in Malaysia and abroad

Hezbollah leader Sayyed Hassan Nasrallah has been killed, the Iran-backed group said on Saturday, confirming his death after the Israeli military said it had eliminated him in an airstrike in Beirut the day before.

Hezbollah confirms leader Nasrallah is killed after Israeli strike

Malaysia welcomes the collaboration of telecommunications companies (telcos) with any local media organisations to develop artificial intelligence (AI) applications to help produce content, as well as report efficiently and effectively.

Fahmi welcomes telco-media collaboration to develop AI applications

The European Union (EU) is planning to vote next Friday, Oct 4, on whether to impose tariffs as high as 45% on imported electric vehicles (EVs) made in China, according to people familiar with the matter.

EU to vote on 45% Chinese EV tariffs next Friday — Bloomberg

An allocation of RM403.7 billion is expected for Budget 2025, comprising operating expenditure of RM305.7 billion and development expenditure of RM97.9 billion, according to TA Securities Holdings Bhd.

TA Securities expects RM403.7b allocation for Budget 2025

The Selangor Zakat Board (LZS) confirmed that it had never received any kind of zakat payment from GISB Holdings Sdn Bhd or its subsidiaries.

LZS head of collection division Mohd Fikri Naim Harun said this is despite the board having held talks on tithe collection at GISBH premises.

Selangor Zakat Board says GISB, subsidiaries never paid tithe

The Penang government on Saturday launched an incentive programme to attract chip design firms and engineers to the Bayan Lepas Industrial Park and designated surrounding area.

Penang launches incentives to attract chip design firms, engineers

The Selangor government aims to build 60,000 affordable housing units under the Rumah Idaman initiative by 2027, said Menteri Besar Datuk Seri Amirudin Shari.

He said the momentum of house construction under the initiative is going well, with 40,000 units currently in the process of awaiting related approval.

Selangor to build 60,000 affordable Rumah Idaman units by 2027, says Amirudin

The Mahkota state by-election results are expected to be known as early as 9pm on Saturday, said Election Commission (EC) chairman Datuk Seri Ramlan Harun.

He said this estimate is based on the proximity of the polling centres and the smooth voting process, which would allow for quicker results.