<div class=newsTextDataWrapInner>KUALA LUMPUR (Oct 16): Former Prasarana Malaysia Bhd managing director Datuk Seri Dr Shahril Mokhtar has been appointed as the managing director of Green Packet Bhd effective immediately.</div>

<div class=newsTextDataWrapInner>Shahril also previously served as the chief executive officer of Mass Rapid Transit Corp Sdn Bhd (MRT Corp), overseeing the development and construction of the MRT Line 1 and Line 2 projects, noted Green Packet in a filing with Bursa Malaysia.</div>

<div class=newsTextDataWrapInner>Shahril, 50, &nbsp;is currently the chairman of UTM Holdings Sdn Bhd, and a director of Siab Holdings Bhd.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Shares in Green Packet closed unchanged at five sen, giving the group a market capitalisation of RM100.13 million.</div>

Former Prasarana Malaysia Bhd managing director Datuk Seri Dr Shahril Mokhtar has been appointed as the managing director of Green Packet Bhd effective immediately.

Green Packet appoints former Prasarana MD Shahril Mokhtar as new MD

The High Court on Friday ruled that S Thirilogachandran, of the Malaysian Institute of Architects, had defamed Asian International Arbitration Centre’s ex-director Datuk N Sundra Rajoo in two articles.

Former arbitration centre director wins RM400,000 damages in defamation suit

Swiss banks have lowered their profit expectations for the coming years due to falling interest rates and despite higher credit demand after Credit Suisse's 2023 collapse, Ernst and Young (EY) said on Thursday.

Swiss banks struggle with lower margins, EY survey finds

President-elect Donald Trump said a meeting with Russian President Vladimir Putin is being set up, raising the prospect that the incoming US leader could push to start negotiations to end the war in Ukraine.

At a meeting with Republican governors at Trump’s Mar-a-Lago club, the incoming president told a reporter that Putin “wants to meet” and added, “we’re gonna — we’re setting it up.” Any such meeting, were it to happen, would come after he’s inaugurated as president, Trump said.

Trump says meeting with Putin is being arranged

A summary of how key Bursa Malaysia indices and the ringgit performed on Friday.

FBM KLCI up 0.10% to 1,602.41 on Jan 10, 2025

Growing demand for cash saw use of the Bank of England’s (BOE) liquidity programme rise to a record this week, in a move that likely reflects the central bank shrinking its balance sheet rather than a recent market sell-off.

Banks borrow record £51.4b in cash from BOE repo programme

A handful of companies have held back on selling high-grade corporate bonds in the US after yields have climbed in the last week close to their highest levels since the middle of last year, boosting potential borrowing costs.

US bond yield surge prompts some companies to delay debt sales

India's federal investigating agency has accused liquor giant Diageo and Sequoia Capital of making suspicious payments to a politician's firm to seek favourable government decisions, it said in a document Reuters reviewed on Friday.

India names Diageo, Sequoia Capital in case alleging suspicious payments

Global stocks were under pressure on Friday ahead of a US jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound headed for a fourth daily drop, after British debt yields soared to 16-year highs.

Stocks wobble ahead of US jobs data; bonds in the spotlight 

The secretariat for the Federal Territories Pardons Board has denied the existence of any additional document or royal addendum in its official files or records that purportedly allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.

No royal addendum for Najib's house arrest in Pardons Board's records, says secretariat

Germany recorded the highest number of company insolvencies since 2009 in the last quarter of last year, a study from the Halle Institute for Economic Research (IWH) showed on Thursday, reflecting high interest rates and increased prices.

Germany records highest company insolvencies since financial crisis

Malaysia’s benchmark FBM KLCI registered a strong 12.58% gain in 2024 — marking its best performance in 14 years — as the country saw a sharp recovery in investor sentiment after a prolonged period of political uncertainties, lifted by strong investment activity and trade activities.

2025 outlook: The key sectors to watch

Former prime minister Datuk Seri Najib Razak was visibly shaken on Friday as the prosecution attacked his defence testimony with an onslaught of questions on the infamous ‘donation’ from Saudi royalty.

Najib visibly shaken as prosecution attacks his inconsistencies over 'donation' details

Berjaya Group is seeking a new partner as it bids for a proposed multibillion-dollar high-speed rail (HSR) line between Kuala Lumpur and Singapore, after Malaysian Resources Corp Bhd (KL:MRCB) withdrew from the consortium, Berjaya Corporation Bhd (KL:BJCORP)&nbsp;founder Tan Sri Vincent Tan Chee Yioun Chiun said.

Berjaya's Vincent Tan seeks new partner in KL-Singapore HSR bid

Oriental Kopi Holdings Bhd (KL:KOPI) could deliver a strong share price gain with above-peer valuations backed by robust earnings growth, according to two research houses starting coverage of the soon-to-be-listed café operator.

Oriental Kopi may deliver strong share price gain after IPO; Apex, Tradeview start coverage with ‘buy’

Shares of Gamuda Bhd (KL:GAMUDA) could potentially climb as much as 62% from the last price if its market value catches up with the size of its order book, CGS International said on Friday.

Gamuda share price could trade over RM8 if market value catches up with order book — CGS

Tenaga Nasional Bhd or TNB (KL:TENAGA) said its indirectly wholly owned unit TNB Western Energy Bhd (TNB WE) has been slapped with an income tax bill amounting to RM291.55 million for the year of assessment 2018 from the Inland Revenue Board (IRB).

Tenaga Nasional unit gets additional RM292m tax bill

Gamuda Land and Public Bank Bhd (KL:PBBANK) have introduced Malaysia’s first flexible 120% home financing package, the PB SmartLiving scheme, offering new levels of accessibility and affordability for homebuyers.

Gamuda Land, Public Bank unveil Malaysia's first 120% home financing plan

The US restriction of artificial intelligence (AI) chip exports may lead to a sector-wide slowdown, affecting the entire supply chain in the semiconductor industry, according to RHB Investment Bank.

US AI chip export curbs may lead to sector-wide slowdown — analysts

Nvidia Corp criticised new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules.

Nvidia slams Biden for trying to ‘pre-empt’ Trump with policy

U Mobile Sdn Bhd, the nation’s newly selected second 5G network access provider, is set to deploy between 5,000 and 7,000 5G sites across Malaysia, according to industry sources cited by RHB Research.

U Mobile set to deploy up to 7,000 5G sites across Malaysia, RHB says, citing sources

Risks are building up towards an earlier rate hike due to Malaysia's removal of RON95 petrol subsidies, according to BMI, a Fitch Solutions company, though it officially forecasts the rate to remain unchanged this year.

BMI says Malaysia's planned RON95 subsidy removal heightens rate hike risk, but keeps OPR target at 3%

The secretariat for the Federal Territories&nbsp;Pardons Board has denied the existence of any additional document or royal addendum in its official files or records that purportedly allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.

Despite being known as a consummate gentleman, Datuk Seri Najib Razak told the High Court here on Friday that he didn't send thank-you notes or express any gesture of gratitude after receiving donations from the Arab royalty.

1MDB-Tanore: Why no thank-you note to Saudi donors? Prosecution takes aim at consummate gentleman Najib's 'bad manners'

Malaysia’s national oil and gas company Petroliam Nasional Bhd (Petronas) has reached the final investment decision for the development of the Hidayah field offshore East Java, Indonesia.

Petronas reaches final investment decision to develop Hidayah field off Indonesia

Sime Darby Property Bhd (KL:SIMEPROP) said on Friday it has fully acquired two modern double-storey logistics warehouses in Bandar Bukit Raja, Selangor for RM232 million.

Sime Darby Property fully acquires Bandar Bukit Raja warehouses for RM232 mil

Despite the anticipation of incoming personal donations of substantial amounts, former prime minister Datuk Seri Najib Razak told the High Court here on Friday that he did not know how the Saudi royalty had obtained his personal bank account details.

1MDB-Tanore: Najib says unaware how Saudi donors got his account details or knew of account change

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Japan to be involved with REE processing in Malaysia — Anwar

Japan's Prime Minister Shigeru Ishiba, currently on a two-day official visit to Malaysia, was accorded a formal welcoming ceremony at the Perdana Putra Complex on Friday.

Japanese PM accorded official welcome at Perdana Putra

Global stocks were under pressure on Friday ahead of a US jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound headed for a fourth daily drop, after British debt yields soared to 16-year highs.

LBS Bina Group Bhd (KL:LBS) has launched Centrum Iris, the second precinct of Cameron Centrum and the largest mixed development of commercial offerings located in Cameron Highlands, Pahang. It has a projected gross development value of RM472 million.