Five key initiatives were unveiled at the recent JC3 Journey to Net Zero Conference designed to help ease the transition for businesses and farmers towards a more sustainable economy. </div><div class=inPageAd id=div-gpt-ad-inpage>

NEWS: JC3 announces initiatives to ease the transition to a greener economy

Proton Holdings Bhd, in which DRB-Hicom Bhd (KL:DRBHCOM) owns a 51% stake, concluded 2024 with 152,352 cars sold, retaining its second-place position in the local market for the sixth year running.

Proton's annual sales up less than 1% in 2024, defends second spot for sixth year

Gateway Development Alliance (GDA), the consortium proposing to privatise Malaysia Airports Holdings Bhd (MAHB) (KL:AIRPORT), has extended the closing time and date for the acceptance of its takeover offer to 5pm on Jan 17, 2025, from 5pm on Jan 8, 2025, previously.

Khazanah-EPF consortium gives MAHB shareholders seven more working days to accept takeover bid

French President Emmanuel Macron said on Monday that new Prime Minister Francois Bayrou will travel to China to try to make progress on a trade dispute that threatens cognac sales.

Macron, who was speaking at an annual conference to French ambassadors, did not say when the trip would take place.

French PM Bayrou will go to China to seek progress on cognac trade dispute, Macron says

Austria’s far-right leader Herbert Kickl received a mandate from President Alexander Van der Bellen to form a government, putting the Freedom Party chief one step closer to becoming chancellor.

Austria far-right close to historic rule with path to form cabinet

Walt Disney Co and streaming provider FuboTV Inc, are nearing a deal to combine their online live TV businesses, according to people familiar with the matter.

As part of the transaction, Disney will fold its Hulu + Live TV business into Fubo, creating a new venture that will be 70% owned by Disney and the rest by Fubo, the people said, asking not to be identified discussing confidential information.

Disney nears deal to merge Hulu + Live into Fubo

US Steel and Nippon Steel have filed a lawsuit against US President Joe Biden's order that blocked the US$14.9 billion buyout of the American steelmaker by the Japanese company, they said on Monday.

The lawsuit asked the court to set aside the review process of the Committee on Foreign Investment in the US and Biden's order, citing "violation of the Constitutional guarantee of due process and statutory procedural requirements, as well as unlawful political influence".

US Steel, Nippon allege Biden violated constitution in lawsuit over blocked deal

China's WuXi Biologics said on Monday it will sell its vaccine facility in Ireland to Merck for about US$500 million.

WuXi had previously said it was planning to sell some of its operations as the company, along with other Chinese firms, has been at the center of new US laws aimed at restricting their businesses in the United States due to national security concerns.

China's WuXi Biologics to sell Ireland vaccine facility to Merck for US$500 million

Finland's Elisa said on Monday that it had finished the repair of its two undersea telecommunications cables that were damaged in the Baltic Sea on Dec 25.

Finland's Elisa says Baltic Sea telecoms cables have been repaired

The Ministry of Communications, through the Malaysian Communications and Multimedia Commission (MCMC), is conducting a study on the implementation of the National Address System (NAS) for a more authoritative, standardised, and integrated address network, said Minister Fahmi Fadzil.

MCMC studying implementation of more authoritative, standardised address system, says Fahmi

Norwegian Prime Minister Jonas Gahr Stoere said on Monday that he found it worrying that billionaire Elon Musk was involving himself in the political issues of countries outside of the United States.

Musk, a close ally of US President-elect Donald Trump, last month endorsed a German anti-immigration party ahead of a parliamentary election in February, and has repeatedly commented on British politics, demanding Prime Minister Keir Starmer resign.

Norway PM worried by Musk involvement in politics outside US

A three-member Court of Appeal bench on Monday ruled to allow former prime minister Datuk Seri Najib Razak’s appeal, to have the merits of his challenge over the existence of an addendum, purportedly issued by the 16th Yang di-Pertuan Agong for him to serve the remainder of his jail sentence under house arrest, to be heard at the High Court.

Najib's addendum appeal allowed via majority decision, case reverted to High Court

Cafe chain operator Oriental Kopi Holdings Bhd set its initial public offering (IPO) price at 44 sen apiece in a share sale that would raise RM183.96 million ahead of its listing on the ACE Market.

ACE Market-bound Oriental Kopi to raise RM184 mil, sets IPO price at 44 sen

Pahang exco member Datuk Nizar Najib has produced a letter from the Royal Pahang Household, purportedly verifying the existence of the Jan 29, 2024, addendum that allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.

Nizar Najib produces letter purportedly from Pahang comptroller, allegedly verifying addendum

KUALA LUMPUR (Jan 6): Shares of glove manufacturers rallied on Monday in active trade amid reports of new virus infections in China, though authorities have downplayed the infections as&nbsp;seasonal winter peak.

Glove stocks rally amid reports of new virus infections in China, MIDF shrugs off potential demand spike

KUALA LUMPUR (Jan 6): Shares of NationGate Holdings Bhd (KL:NATGATE) hit a fresh high on Monday, after gaining 23 sen or 9.1% at RM2.75, becoming the fifth biggest gainer on Bursa Malaysia.

NationGate hits new record high on first mover advantage, deliveries of AI GPU servers

Oriental Kopi Holdings Bhd, a cafe chain operator en route to the ACE Market, said it would cap menu price increases at 5%-10% to manage the impact from rising costs.

Oriental Kopi to raise menu prices amid rising raw material costs

Senior federal counsel Shamsul Bolhassan, representing the government and other respondents in Datuk Seri Najib Razak’s appeal over a purported addendum, told the Court of Appeal on Monday that the addendum was never discussed or brought up during the Federal Territory Pardons Board’s 61st meeting on Jan 29 last year.

AGC claims no due diligence on Najib’s part to produce additional evidence on purported addendum, maintains February release as main order

Demand for Malaysia’s palm oil could rise if Indonesia goes through with its plan to raise export levy to support the higher biodiesel mandate, TA Securities said on Monday.

Raising the export levy to 10% would add US$26.49 per tonne, making Indonesian crude palm oil (CPO) even more expensive than Malaysia’s product, the research house said. The price of Indonesia’s palm oil is already at a premium of US$146.30 per tonne above that of Malaysia, it noted.

Demand for Malaysian palm oil could rise if Indonesia raises exports levy — TA Securities

PUTRAJAYA (Jan 6): Former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Dr Mohd Irwan Serigar Abdullah, who is former treasury secretary general, will bring in two former 1MDB board members as third parties in a US$6.59 billion suit filed by the strategic development company against him and former 1MDB president Arul Kanda Kandasamy. This follows the Federal Court’s ruling to dismiss their application for leave to reverse an earlier Court of Appeal’s (COA) decision that had allowed Irwan to bring in the two former board members as third parties.

Two ex-directors to be included as third parties in US$6.59b 1MDB suit after apex court denies them leave to appeal

Umno president Datuk Seri Dr Ahmad&nbsp;Zahid&nbsp;Hamidi has appealed to the Yang di-Pertuan Agong to grant a full pardon to the jailed former prime minister Datuk Seri Najib Razak.

Zahid pleads with King for full pardon of Najib following court's decision allowing addendum appeal

CBH Engineering Holdings Bhd (KL:CBHB) saw its initial public offering (IPO) of 94.05 million shares — available to the public at 28 sen apiece — oversubscribed by 34.21 times.

CBH Engineering’s IPO shares for public oversubscribed by 34 times

PIE Industrial Bhd (KL:PIE) is seen as a major beneficiary of global supply chain shifts and technological trends, according to Maybank Investment Bank.

The house noted that as an EMS provider, PIE is poised to benefit from new sources of earnings growth.

Maybank initiates a 'buy' on PIE on trade diversion, data centre boom

KUALA LUMPUR (Jan 6): U Mobile has signed an agreement with the Federal Land Development Authority (Felda), in which&nbsp;the telco will play a critical role in supporting the group in its digital transformation drive.&nbsp;

U Mobile, Felda ink agreement to support digital transformation

theedgemalaysia.com highlighted 14 stocks with momentum at Bursa Malaysia’s afternoon close on Monday. 13 stocks showed negative momentum, while only one stock showed positive momentum.

Stocks with momentum on Jan 6, 2025: Kumpulan Fima, Eurospan, Velocity Capital, Inta Bina, Radiant Globaltech, Ramssol, Evergreen Max Cash, Minox, Carlsberg, Lien Hoe, Southern Steel, Aeon Co, Xin Synergy and Wong Engineering

Justin Trudeau is expected to announce his resignation as leader of Canada’s Liberal Party this week, the Globe and Mail reported, a move that would trigger a race to replace him as prime minister.

Canada’s Trudeau is likely to resign this week — report

（吉隆坡6日讯）华阳（Oriental Kopi Holdings Bhd）将在创业板上市，首次公开募股（IPO）发售价定为每股44仙，预计可筹集1亿8396万令吉。

华阳创业板上市 IPO发售价44仙筹1.84亿

Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd. &nbsp;

MIDF: Local institutions back Bursa Malaysia for 11th straight week

Despite being 1Malaysia Development Bhd's (1MDB)&nbsp;then chairman of the board of advisors (BOA), its sole shareholder&nbsp;and the then prime minister, Datuk Seri Najib Razak said that he never hired or fired anyone at the company.

1MDB-Tanore: Najib says merely 'formalised' board appointments, management had autonomy

KUALA LUMPUR (Jan 6): Construction outfit Kerjaya Prospek Group Bhd (KL:KERJAYA) has bagged a RM256.4 million contract from Eastern &amp; Oriental Express Sdn Bhd (E&amp;OE) to undertake construction works in Elmina West, Shah Alam, Selangor.

Kerjaya Prospek wins first job in 2025 — RM256m contract in Shah Alam for E&O’s unit

SINGAPORE (Jan 6): Singapore-headquartered data-centre company Digital Edge said on Monday that it had raised over US$1.6 billion (RM7.21 billion) in new capital via a combination of equity and debt financing, to fund its next phase of growth.