<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 12): Perikatan Nasional (PN) won all 32 state seats in Terengganu in the state election on Saturday (Aug 12), after the coalition won all eight federal seats nine months ago.</p></div>

<div class="mt-4 embed-right"><a class="mobx embedimg-icon imgw-400" data-desc="" data-rel="ceolightbox" data-title="" href="//assets.theedgemarkets.com/pics/2023/state-election-terengganu-13082023.jpg"><img alt="" src="https://assets.theedgemarkets.com/pics/2023/state-election-terengganu-13082023.jpg" /></a></div>

<div class=newsTextDataWrapInner><p>Terengganu, whose Malay voters make up 96.7% of the state's electorate, were happy to hand PN full control of its state legislative assembly.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Almost all the state seats were won by a margin of over two thousand votes, except for Telemung which saw a 295 majority.</p></div>

<div class=newsTextDataWrapInner><p>PAS took home 27 seats — more than a two-thirds majority — while Bersatu won the other five.</p></div>

<div class=newsTextDataWrapInner><p>Terengganu's caretaker menteri besar Datuk Seri Dr Ahmad Samsuri Mokhtar (PN-PAS) retained his Ru Rendang seat with a majority of 17,286 votes, defeating Suhaimi Sulaiman (PH-Amanah).</p></div>

<div class=newsTextDataWrapInner><p>Ru Rendang was a seat held by PAS president Datuk Seri Abdul Hadi Awang for 36 years before he relinquished it to his political secretary Ahmad Samsuri in 2018.</p></div>

<div class=newsTextDataWrapInner><p><strong>Visit this <a href="https://statepolls2023.theedgemalaysia.com/" target="_blank">link</a> for everything about the State Polls 2023.</strong></p></div>


Perikatan Nasional (PN) won all 32 state seats in Terengganu in the state election on Saturday (Aug 12), after the coalition won all eight federal seats nine months ago.

After clean sweep, PN now fully controls Terengganu at state and federal levels

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theedgemalaysia.com highlighted eight stocks with momentum at Bursa Malaysia’s afternoon close on Wednesday. Seven stocks showed negative momentum, while only one stock showed positive momentum.

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Swift Energy Technology Bhd (KL:SET), listed on Wednesday, has already attracted the attention of two analysts projecting sharp earnings growth for the industrial services firm.

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TWO years after the Ministry of Transport (MoT) terminated a RM301.4 million contract awarded to Emrail Sdn Bhd for the rehabilitation of a 209km railway track from Gua Musang to Tumpat in Kelantan, the ministry is reconsidering its decision. The contract was terminated as Emrail had failed to de...

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Immediate-past attorney general Tan Sri Ahmad Terrirudin Mohd Salleh and his successor, Datuk Mohd Dusuki Mokhtar, are choosing to stay silent over the controversial purported ‘house arrest addendum’ related to imprisoned former prime minister Datuk Seri Najib Razak.

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The Penang Water Supply Corporation (PBAPP) said on Wednesday that it will roll out six water supply related projects worth over RM1.8 billion, as part of its efforts to address rising water consumption.

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<p>Investors in the Johor-Singapore Special Economic Zone (JS-SEZ) are eligible for a suite of incentives, including a special corporate tax rate that takes effect on Jan 1, the Finance Ministry said on Wednesday.</p>


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<p>Local technology stocks are expected to see a double-digit compounded earnings growth till 2026, amid increased investments in artificial intelligence (AI), said CIMB Securities.</p>

<p>The technology sector's revenue is projected to grow at an average annual rate of 13% from 2025 to 2026, compared with 1% in 2024, driven by a rebound in semiconductor industry demand, supply chain diversification to Asean, and inventory replenishment, the research house said.</p>


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<p>In what is possibly her final speech at the Opening of the Legal Year, Chief Justice Tun Tengku Maimun Tuan Mat said that her time as the top judicial officer of the country has been filled with tests — being criticised, vilified, labelled as un-Islamic or an enemy of Islam, and even having her husband (unfairly so) being used against her in some applications to not only have her recused&nbsp;but, more generally, to embarrass her and the bench.</p>


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<p>Construction and property firms would be the first beneficiaries of the Johor-Singapore Special Economic Zone (JS-SEZ) that will require everything from utilities to warehouses, and from houses to offices.</p>


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<p>The Penang Water Supply Corporation (PBAPP) said on Wednesday that it will roll out six water supply related projects worth over RM1.8 billion, as part of its efforts to address rising water consumption.</p>


<p>Exxon Mobil Corp said earnings took a hit from lower crude prices and narrowing refining margins during the final three months of 2024.&nbsp;</p>


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<p>Asian stocks drifted lower on Wednesday, with a robust dollar keeping the yen pinned near six-month lows as traders wagered the Federal Reserve will likely be slow in cutting rates after data showed the US economy and labour market remained stable.</p>


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<p>The new Monthly Tax Deduction (PCB) service system, e-PCB Plus, will be introduced to replace the existing systems e-PCB, e-Data PCB and eCP39, under one platform through the MyTax portal.</p>

<p>The Inland Revenue Board (IRB), in a statement on Wednesday, said that this is in line with the implementation of the transition plan towards the e-PCB Plus Phase 1 system on Sept 24 last year.</p>


<p>MRT Corp has proposed part of the Sungai Nibong Festival Site here for use to build a depot for the Mutiara Line Light Rail Transit (LRT) project, said Penang Chief Minister Chow Kon Yeow.</p>


MRT Corp proposes LRT depot at Sungai Nibong Festival Site — Chow

<p>Malaysia and Singapore reaffirmed their commitment to revamp the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) to better support the Johor-Singapore Special Economic Zone (JS-SEZ).</p>


Malaysia, Singapore reaffirm plan to revamp joint ministerial committee after special economic zone agreement

<p>South Korea’s impeached leader is barricaded in his Seoul residence, protected by a blockade of buses, barbed wire, crowds of supporters and his own armed security guards. The question now is whether investigators can arrest him without a violent confrontation.</p>


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<p>Stocks got hammered as a selloff in the world’s biggest bond market deepened on speculation the Federal Reserve won’t cut interest rates before July amid inflation risks.</p>

<p>Following a recent rally, equities lost traction on Tuesday as a report on US service providers showed a price gauge hitting the highest since early 2023.</p>


US stocks roiled by bond rout amid inflation jitters

<p>Immediate-past attorney general Tan Sri Ahmad Terrirudin Mohd Salleh and his successor, Datuk Mohd Dusuki Mokhtar, are choosing to stay silent over the controversial purported ‘house arrest addendum’ related to imprisoned former prime minister Datuk Seri Najib Razak.</p>


<p>A technology industry group on Tuesday urged President Joe Biden's administration to refrain from issuing a last-minute rule that would control global access to artificial intelligence (AI) chips, warning the restrictions would jeopardise US leadership in AI.</p>


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<p>Nvidia Corp’s Jensen Huang, the CEO at the centre of the artificial intelligence boom, said he’s ready to meet US President-elect Donald Trump and offer his help to the coming administration.</p>


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<p>Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia.</p>


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<p>Tencent Holdings Ltd repurchased the most shares in nearly two decades after a sell-off sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.</p>


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<p>Malaysia’s economy is poised for steady growth this year, driven by strong domestic demand, robust investment activities and growth in exports and tourism despite potential global uncertainties, according to the Federation of Malaysian Manufacturers (FMM).</p>
