<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 29):&nbsp;Tan Sri Syed Zainal Abidin Syed Mohamed Tahir is stepping down as the independent non-executive chairman of loss-making Scanwolf Corp Bhd, effective from Dec 31.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing on Friday, Scanwolf cited "other work commitments" as the reason for Syed Zainal’s resignation.</p></div>

<div class=newsTextDataWrapInner><p>He was appointed to the board of the group, which is involved in designing and manufacturing plastic extrusion&nbsp;products as well as property development, on Nov 5, 2021.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Syed Zainal, 61, is currently the executive chairman of Dagang NeXchange Bhd (DNeX) and DNeX’s strategic investment arm, SilTerra Malaysia Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>For the first financial quarter ended Sept 30, 2023, Scanwolf saw its net loss widen to RM3.6 million, from RM2.66 million in the previous year’s corresponding quarter, as revenue declined 19.9% to RM7.73 million from RM9.65 million.</p></div>

<div class=newsTextDataWrapInner><p>Shares in Scanwolf closed unchanged at 50 sen on Friday, valuing the group at RM100.05 million.</p></div>


Tan Sri Syed Zainal Abidin Syed Mohamed Tahir is stepping down as the independent non-executive chairman of loss-making Scanwolf Corp Bhd, effective from Dec 31.

DNeX’s Syed Zainal Abidin steps down as Scanwolf chairman

Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.

Putrajaya targeting domestic rare earths processing within three years — Rafizi

A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.

Rafizi: Framework for blue economy to be finalised by end-2025

The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.

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Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.

Woo Kah Leong named new DAP Youth chief 

Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.

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Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.

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Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.

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Australia Prime Minister Anthony Albanese said his relationship with US President-elect Donald Trump has had a "very good beginning", elaborating on a phone call between the pair after the Republican's US election win.

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Netflix said on Saturday that 60 million households worldwide had tuned in for the highly anticipated boxing match between Jake Paul and Mike Tyson, and the event peaked at 65 million streams, according to a statement.

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US President Joe Biden and Chinese President Xi Jinping agreed on Saturday that human beings and not artificial intelligence should make decisions over the use of nuclear weapons, according to the White House.

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<p>For the Nov 18 issue of <i>City &amp; Country</i>, our cover story features Berjaya Hartanah Bhd, a wholly-owned subsidiary of Berjaya Land Bhd (KL:BJLAND), as it gets ready to launch Oaka Residences in Bukit Jalil, Kuala Lumpur on Nov 22.</p>


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<p>TikTok's parent company ByteDance is valuing itself at about US$300 billion (RM1.34 trillion), after it recently approached investors about a share buyback programme, according to two people familiar with the matter and a document viewed by <i>Reuters</i>.</p>


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<p>The Hour Glass’ exceptional customer service is a key factor contributing to its reputation as one of the region’s most respected specialist watch retailers. While its extensive range of timepieces and brands is undeniably alluring, it is oftentimes the intimate connections forged through its personnel that cultivate multi-generational loyalty.</p>


All in good time

<p>Brazil's first lady, Janja Lula da Silva, swore at billionaire Elon Musk during a G20 social event on Saturday at which she spoke about the need to regulate social media to rein in misinformation.</p>


<p>US President Joe Biden and Chinese President Xi Jinping agreed on Saturday that human beings and not artificial intelligence should make decisions over the use of nuclear weapons, according to the White House.</p>


<p>President Xi Jinping announced that China will host the Asia Pacific Economic Cooperation summit in 2026, which would bring leaders from the 21-member group — including potentially US President-elect Donald Trump — to the world’s second-biggest economy.</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim has arrived in Brazil, South America’s largest country, from Lima, Peru, for his official visit and to attend the Group of 20 (G20) Summit 2024, where Malaysia is a guest country.</p>


<p>Pasir Bedamar state assemblyman Woo Kah Leong has been elected DAP Socialist Youth (DAPSY) national chief for the 2024–2027 term.</p>


<p>A framework and strategy for blue economy is being developed at the Ministry of Economy and is expected to be completed by the end of 2025, said Economy Minister Rafizi Ramli.</p>


<p>Netflix said on Saturday that 60 million households worldwide had tuned in for the highly anticipated boxing match between Jake Paul and Mike Tyson, and the event peaked at 65 million streams, according to a statement.</p>


<p>UK inflation probably surged back above the Bank of England’s target in October, reinforcing the case for policymakers to act cautiously when cutting interest rates.</p>


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<p>President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.</p>


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<p>Australia Prime Minister Anthony Albanese said his relationship with US President-elect Donald Trump has had a "very good beginning", elaborating on a phone call between the pair after the Republican's US election win.</p>


<p>Kelantan's Gross Domestic Product (GDP) grew by 2.6% to RM27.6 billion in 2023 compared to RM26.9 billion the previous year, said Menteri Besar Datuk Mohd Nassuruddin Daud.</p>


<p>The National Energy Awards (NEA), which aims to recognise the achievements and best practices of sustainable energy industry players in Malaysia, will be open for submission from Monday (Nov 18) until Feb 19 next year.</p>


<p>Iran's Foreign Minister Abbas Araqchi on Saturday strongly denied a reported meeting between Tehran's United Nations envoy and US billionaire Elon Musk, in an interview with state TV.</p>


Iran denies meeting between envoy and Elon Musk

<p>Economy Minister Rafizi Ramli says the government expects rare earth elements (REE) to be processed in Malaysia within the next three years.</p>
