<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 8): Iqzan Holding Bhd said it plans to submit an appeal to Bursa Securities on the bourse regulator’s decision to delist the company on Sept 19.</p></div>

<div class=newsTextDataWrapInner><p>The wooden crate and pallet maker said that upon submission of the appeal and pending Bursa Securities’ decision, the company’s delisting&nbsp;will be deferred.</p></div>

<div class=newsTextDataWrapInner><p>“However, Bursa Securities shall proceed to suspend the trading of the company’s securities on Sept 15,” the group added in a bourse filing on Friday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Iqzan will have to submit an appeal by Sept 14 for it to be considered by Bursa Securities.</p></div>

<div class=newsTextDataWrapInner><p>Its slated share suspension on Sept 15 and delisting on Sept 19 came after Bursa Securities rejected the Practice Note 17 company’s application for a further six-month extension of time to submit its regularisation plan.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Iqzan ended 1.5 sen or 50% lower at 1.5 sen on Friday, giving the company a market capitalisation of RM3.33 million.</p></div>

<div class=newsTextDataWrapInner><p><em>Read also:<br />
<a href="https://theedgemalaysia.com/node/681702" target="_blank">Iqzan shares to be suspended on Sept 15; delisted on Sept 19</a></em></p></div>


KUALA LUMPUR (Sept 8): Iqzan Holding Bhd said it plans to submit an appeal to Bursa Securities on the bourse regulator’s decision to delist the company on Sept 19.

Iqzan to appeal Sept 19 delisting, but suspension on Sept 15 to proceed

Govt to raise excise duty on sugary drinks in phases up to 40 sen per litre from Jan 1, 2025

Taiwan President Lai Ching-te thanked the air force on Friday for their "outstanding" work during Chinese war games around the island earlier this week, telling them to keep up the good work.

Taiwan president thanks air force for 'outstanding' work during China war games

HeiTech Padu Bhd (KL:HTPADU) announced that it has won RM892.2 million from the National Integrated Immigration System (NIISe) project.

HeiTech wins bid for RM892.2 mil NIISe project

The federal government is expanding the scope of the sales and service tax (SST) again to raise tax revenue. 

Starting May 1, 2025, sales tax will be imposed on non-essential items, including imported premium items, such as salmon and avocado, Prime Minister Datuk Seri Anwar Ibrahim announced in his Budget 2025 speech on Friday.

Govt to expand scope of SST, to include fee-based financial services

The government plans to implement targeted subsidies for education and healthcare, so that the hefty rich will not be subsidised, said Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim in his Budget 2025 speech on Friday.

Targeted subsidies for education and healthcare to exclude high-income groups — PM

Prime Minister Benjamin Netanyahu's promises to press on with Israel's wars in Gaza and Lebanon dashed hopes on Friday that the killing of Hamas leader Yahya Sinwar might help end more than a year of escalating conflict in the Middle East.

Netanyahu promises more war, dashing peace hopes after Hamas leader killed 

Malaysia raises monthly minimum wage to RM1,700 beginning Feb 1, 2025

Global shares edged higher on Friday, spurred by a rally in Chinese stocks on latest policy steps to boost demand and as robust US economic data this week continued to bolster investor sentiment.

Global stocks up after China shares rally, gold at all-time high 

A koi pond, parking space for more than 10 cars, and a dining hall for 20 people with a chandelier aren’t enough to attract buyers in Singapore’s luxury property market.

Singapore retail scion’s mansion price slashed by US$5 mil

In a bid to raise tax revenue, the government will introduce a 2% tax on dividend income, as well as expand the scope of the sales and service tax (SST), said Prime Minister Datuk Seri Anwar Ibrahim.

Govt to introduce 2% tax on dividend income exceeding RM100,000

<p><strong>Click <a href="https://theedgemalaysia.com/budget/2025/" target="_blank">here</a> for all you need to know about Malaysia's Budget 2025. </strong></p>

<p><em>Follow our live coverage of Budget 2025 as Prime Minister Datuk Seri Anwar Ibrahim tables it. Refresh for updates.</em></p>

<...

Highlights of Budget 2025

<p>Shares of HeiTech Padu Bhd (KL:HTPADU) were suspended with effect from 9am to 5pm on Friday, pending an announcement relating to a material contract.</p>


HeiTech Padu shares suspended ahead of Budget 2025 announcement

<p>KUALA LUMPUR (Oct 18): Main market-bound Azam Jaya Bhd, a Sabah-based construction firm, aims to raise RM61.5 million from its initial public offering (IPO), and set its IPO price at 78 sen per share. &nbsp;</p>


Main market-bound Azam Jaya to raise RM61.5m from IPO

<p>Malaysia's trade surplus nearly halved in September from a year ago amid a decline in exports, said the Ministry of Investment, Trade and Industry (Miti).</p>


Malaysia’s trade surplus nearly halved from a year ago — Miti

<p>(Oct 18):&nbsp;Thailand’s 38-year-old prime minister is working on a plan to alleviate the economic drag from a household debt bill topping US$500 billion (RM2.15 trillion) — a figure that has ballooned since her father first took office in 2001.</p>


A US$500b pile of household debt weighs on new Thai leader

<p>In a bid to raise tax revenue, the government will introduce a 2% tax on dividend income, as well as expand the scope of the sales and service&nbsp;tax (SST), said Prime Minister Datuk Seri Anwar Ibrahim.&nbsp;&nbsp;</p>


<p>Imprisoned former prime minister Datuk Seri Najib Razak said in the Kuala Lumpur High Court on Friday that he had some regrets regarding the SRC International Sdn Bhd's (SRC) debacle, where billions of Retirement Fund Inc (KWAP) funds meant to seek alternative power source, ended up being misappropriated and squandered.&nbsp;</p>


Najib on SRC: 'I have certain regrets', but claims had no knowledge of what was taking place 

<p>KUALA LUMPUR (Oct 18): Former 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi told the High Court on Friday that he was not comfortable in calling or labelling fugitive businessman Low Taek Jho (Jho Low) “as a crook”.</p>


I am not comfortable calling Jho Low a crook, says Shahrol in Riza Aziz’s hearing

<p>The government will start implementing targeted subsidies for RON95 petrol in mid-2025, Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim unveiled in his Budget 2025 speech.</p>

<p>Anwar said that the government remains committed to providing subsidies for 85% of the population.</p>


Targeted RON95 subsidies to start in mid-2025, 85% of population will still be subsidised — Anwar

<p>China's economy grew at the slowest pace since early 2023 in the third quarter, and though consumption and factory output figures beat forecasts last month a tumbling property sector remains a major challenge for Beijing as it races to revitalise growth.</p>


China's 3Q GDP hits weakest pace since early 2023, backs calls for more stimulus

<p>BMI, a Fitch Solutions company, holds a positive outlook for consumer spending in Malaysia for 2025, supported by an ongoing economic recovery that fuels stable real consumer spending growth, according to its note on Friday.</p>

<p>The research firm said easing inflationary pressures and a stable labour market will sustain consistent consumer spending.&nbsp;</p>


Positive 2025 consumer spending outlook for Malaysia, but high household debt poses risk — BMI

<p>The federal government is expanding the scope of the sales and service tax (SST) again to raise tax revenue.&nbsp;</p>

<p>Starting May 1, 2025, sales tax will be imposed on non-essential items, including imported premium items, such as salmon and avocado, Prime Minister Datuk Seri Anwar Ibrahim announced in his Budget 2025 speech on Friday. &nbsp;</p>


<p>首相拿督斯里安华提呈2025年财政预算案的重点摘要</p>


2025年财政预算案重点摘要

<p>(Oct&nbsp;18) :&nbsp;The world’s biggest bond market got hit as a solid retail sales report had traders trimming their bets on Federal Reserve rate cuts this year.</p>


Wall Street dials back Fed-cut bets on solid data

<p>The High Court here has denied Toh Puan Na’imah Abdul Khalid, the wife of former finance minister Tun Daim Zainuddin, an interim stay against an order by the Inland Revenue Board (IRB) for the imposition of RM313.82 million in additional tax assessment for the year 2018.</p>


Daim’s wife denied stay on paying of RM314m tax assessment; ‘law applies equally to all’, says judge

<p>Global shares edged higher on Friday, spurred by a rally in Chinese stocks on latest policy steps to boost demand and as robust US economic data this week continued to bolster investor sentiment.</p>


<p>The Malaysian Anti-Corruption Commission (MACC) has frozen assets worth millions of ringgit as part of its ongoing investigation into the Selangor Menteri Besar Incorporated (MBI) over allegations of corruption involving sand mining concessions.</p>


MACC freezes assets worth millions in MBI sand mining concession probe 

<p>Prime Minister Benjamin Netanyahu's promises to press on with Israel's wars in Gaza and Lebanon dashed hopes on Friday that the killing of Hamas leader Yahya Sinwar might help end more than a year of escalating conflict in the Middle East.</p>


<p>Johor-Singapore Special Economic Zone (JS-SEZ) will cover an area governed by six local authorities in Iskandar Malaysia and Pengerang, according to the Ministry of Finance.</p>

<p>The sites in southern Johor proposed by the state government would span an area about five times larger than Singapore, the ministry said in the 2025 Economic Outlook report.</p>


Johor-Singapore Special Economic Zone to cover Iskandar Malaysia, Pengerang

<p><em><strong>More to come</strong></em></p>
...