<div class=newsTextDataWrapInner><p>(June 19): Hewlett Packard Enterprise Co’s (HPE) US$14 billion (RM65.90 billion) deal to buy Juniper Networks Inc, in a move that will expand its presence in networking, will be investigated by the UK’s antitrust watchdog.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The Competition and Markets Authority said on Wednesday it had started a merger inquiry to look at whether the deal raises any competition concerns. The agency set a Aug 14 deadline to make a call on whether to probe the deal in full.</p></div>

<div class=newsTextDataWrapInner><p>Juniper, like its bigger rival Cisco Systems Inc, makes networking devices such as routers and switches. Networking is the technology that directs the flow of information between devices and across the internet.&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>At the time of the deal announcement, HPE said it would pay US$40 a share in cash for Juniper. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


Hewlett Packard Enterprise Co’s (HPE) US$14 billion (RM65.90 billion) deal to buy Juniper Networks Inc, in a move that will expand its presence in networking, will be investigated by the UK’s antitrust watchdog.

Hewlett Packard Enterprise’s US$14b Juniper deal attracts UK antitrust scrutiny

Related party transactions (RPT) between listed companies and their major/controlling shareholders are normally frowned upon for valid reasons. The most obvious is whether the listed company and its minority shareholders will get a fair deal or the short end of the stick. What is a fair price or valuation can be subjective and any financial benchmark can be used to promote one’s view. In RPT transactions, independent advisers are appointed to review and offer their opinion to minority shareholders and the board of directors, which will have independent directors whose role is to look after the interest of minorities.

Frankly Speaking: RPTs and conflicts of interest

JPG Greenergy Ventures Sdn Bhd, a subsidiary of Johor Plantations Group Bhd, has been awarded BioNexus status by the Malaysian Bioeconomy Development Corp under the Ministry of Science, Technology and Innovation (Mosti).

Johor Plantations Group's subsidiary gets BioNexus status

Marine Le Pen’s National Rally scored an emphatic victory in the first round of France’s legislative election and set its sights on an absolute majority as President Emmanuel Macron and her other opponents began manoeuvring to keep the far right from power.

Le Pen's far right wins French first round and chases majority

Asian stocks were subdued on Monday as traders pondered the US rates outlook, while the euro edged higher after the far-right won a smaller share of the vote in the first round of France's shock snap election than some polls had projected.

Asia stocks stutter, euro gains after first round vote in France

Foreign funds continued to exit Bursa Malaysia for the second consecutive week, albeit with a lower outflow of RM357.7 million last week, from RM441.1 million the prior week.

Foreign selling of local equities persisted at slower pace of RM358m last week, says MIDF

Tenaga Nasional Bhd (TNB) (KL:TENAGA) said the decision by the Ministry of Energy Transition and Water Transformation (Petra) to maintain electricity tariffs until Dec 31 this year is neutral on the utility company and will not have any effect on its business operations.

Tenaga sees no impact from unchanged electricity tariffs

The Malaysian stock market is seen maintaining its momentum and breaching the 1,700-point level by end this year, driven mainly by a stronger ringgit and robust domestic economic growth.

Analysts stay sanguine on local stock market, see KLCI breaching 1,700 level by year end

There were two very encouraging pieces of headline news last week. The first was the disclosure by the Malaysian Investment Development Authority (Mida) that its Digital Investment Office had approved a total of RM161.97 billion in digital investments since its establishment in 2021 until March this year. The second was the projection by Digital Minister Gobind Singh Deo that the government is confident Malaysia can surpass its digital economy gross domestic product (GDP) contribution target of 25.5% by 2025 through the expansion of 5G to services beyond telecommunications.

Frankly Speaking: Give due credit to MyDigital plan

The health of the Malaysian manufacturing sector was broadly stable at the end of the second quarter of the year.

In a statement on Monday, S&P Global Market Intelligence said new orders increased for the second month running, in part thanks to a rise in exports, but overall demand remained subdued.

New orders rise amid improving export sales in June — S&P Global

The Ministry of Health recently released the 2023 National Health and Morbidity Survey (NHMS) report, revealing alarming statistics about chronic diseases in Malaysia. High cholesterol impacts about 7.5 million adults (33.3%), diabetes affects 3.6 million (15.6%), and 6.7 million (29.2%) suffer from hypertension. Disturbingly, over 80% are unaware of their conditions.

 The economics of eating well: Why Malaysians struggle with healthy diets

<p>The Malaysian stock market is seen maintaining its momentum and breaching the 1,700-point level by end this year, driven mainly by a stronger ringgit and robust domestic economic growth.</p>


<p>When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including dearth of venture capital. This March, they did what scores of other Chinese AI firms have done and moved their company, Tabcut, 2,500 miles southwest to Singapore.</p>


China’s AI startups head to Singapore in a bid for global growth

<p>The Ministry of Health recently released the 2023 National Health and Morbidity Survey (NHMS) report, revealing alarming statistics about chronic diseases in Malaysia. High cholesterol impacts about 7.5 million adults (33.3%), diabetes affects 3.6 million (15.6%), and 6.7 million (29.2%) suffer from hypertension. Disturbingly, over 80% are unaware of their conditions.</p>


<p>The health of the Malaysian manufacturing sector was broadly stable at the end of the second quarter of the year.</p>

<p>In a statement on Monday, S&amp;P Global Market Intelligence said new orders increased for the second month running, in part thanks to a rise in exports, but overall demand remained subdued.</p>


<p>(July 1): President Joe Biden’s campaign is going on the attack against a chorus of donors, consultants, officials and media voices calling on him to drop out of the 2024 race after his devastating debate performance.</p>

<p>The strategy will be remembered as a display of either remarkable for...

Biden loyalists dismiss calls to quit in frenetic weekend blitz

<p>England manager Gareth Southgate is prepared for a negative reaction after another display of frustrating mediocrity as his side came back from the brink of elimination against Slovakia on Sunday to book a quarter-final berth at Euro 2024.</p>


Southgate admits plenty of questions exist for England despite last-gasp win

<p>Tenaga Nasional Bhd (TNB) (KL:TENAGA) said the decision by the Ministry of Energy Transition and Water Transformation (Petra) to maintain electricity tariffs until Dec 31 this year is neutral on the utility company and will not have any effect on its business operations.</p>


<p>Foreign funds continued to exit Bursa Malaysia for the second consecutive week, albeit with a lower outflow of RM357.7 million last week, from RM441.1 million the prior week.</p>


<p>Three-times champions Spain survived the early scare of an own goal to beat a spirited Georgia 4-1 on Sunday and reach the last eight of Euro 2024, dominating in an exhilarating encounter that brought an end to the minnows' fairytale run.</p>


Supreme Spain reach Euros last eight to shatter Georgia dreams

<p>A cross cultures, the dragonfly symbolises change, happiness, growth, and transformation. At Sime Darby Property, the presence of dragonflies and damselflies, collectively known as Odonates also signifies healthy urban biodiversity.&nbsp;</p>


Sime Darby Property’s Nature-based Solutions Enhance Urban Biodiversity at Bandar Bukit Raja 

<p>Much of the reporting last month about the “non-renewal” of a decades-old “petrodollar agreement” between Saudi Arabia and the United States was riddled with inaccuracies and half-truths. Some outlets even went so far as to allege that Saudi Arabia would “stop using the US dollar for oil sales.” ...

The Eclipse of the Petrodollar — The New Global Economy

<p>The importance of family and protecting the needs of its members is a crucial aspect of any culture. Building a solid quality of life for your family for generations to come is key in this equation.</p>


Building a solid quality of life for your family

<p>Marine Le Pen’s National Rally scored an emphatic victory in the first round of France’s legislative election and set its sights on an absolute majority as President Emmanuel Macron and her other opponents began manoeuvring to keep the far right from power.</p>


<p>Asian stocks were subdued on Monday as traders pondered the US rates outlook, while the euro edged higher after the far-right won a smaller share of the vote in the first round of France's shock snap election than some polls had projected.</p>


<p>There were two very encouraging pieces of headline news last week. The first was the disclosure by the Malaysian Investment Development Authority (Mida) that its Digital Investment Office had approved a total of RM161.97 billion in digital investments since its establishment in 2021 until March this year. The second was the projection by Digital Minister Gobind Singh Deo that the government is confident Malaysia can surpass its digital economy gross domestic product (GDP) contribution target of 25.5% by 2025 through the expansion of 5G to services beyond telecommunications.</p>


<p>It seems an almost cliched view to take, especially in a world that appears to be growing increasingly partisan, but education can very much be a panacea for the world’s ills and issues.</p>


Taylor’s University aims high for global excellence

<p>JPG Greenergy Ventures Sdn Bhd, a subsidiary of Johor Plantations Group Bhd, has been awarded BioNexus status by the Malaysian Bioeconomy Development Corp under the Ministry of Science, Technology and Innovation (Mosti).</p>


<p>Established in 1824, The Macallan has maintained its position as one of the world's foremost Scotch whisky makers. The uncompromising excellence, revered quality and distinctive character of its whiskies have never wavered since Alexander Reid founded the company 200 years ago.</p>
