<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 19): OCK Group Bhd (KL:<a href="/askedge/klse/0172" class="ce-stock" target="_blank">OCK</a>) announced on Wednesday that its deputy chairman Abdul Halim Abdul Hamid and executive director Chang Tan Chin have resigned, with immediate effect, as part of the board's internal restructuring efforts.</p></div>

<div class=newsTextDataWrapInner><p>Abdul Halim and Chang have been serving on OCK's board since their appointments in October 2011. Neither of them holds any shares in the telecommunications tower company, according to OCK’s filing.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>OCK’s largest shareholder is managing director Datuk Wira Ooi Chin Koon, who holds a 0.04% direct stake and a 34.93% indirect stake through Aliran Armada Sdn Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Last month, OCK signed a 15-year tower leasing agreement with Best Telecom Co Ltd, marking its entry into Laos. Best Telecom plans to launch its 5G network there by the end of the year.</p></div>

<div class=newsTextDataWrapInner><p>In October 2022, OCK and the Laos Ministry of Finance (MOF) signed a shareholder agreement to establish a joint venture, OCK Laos TowerCo Co Ltd. OCK holds a 70% majority stake in the venture, while the ministry holds the remaining 30%.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Following the agreement, OCK Laos TowerCo was expected to apply for a tower licence in Laos.</p></div>

<div class=newsTextDataWrapInner><p>Shares of OCK closed up half a sen or 0.84% at 60 sen on Wednesday, translating into a market capitalisation of RM636.98 million.&nbsp;<br />
&nbsp;</p></div>


OCK Group Bhd (KL:OCK) announced on Wednesday that its deputy chairman Abdul Halim Abdul Hamid and executive director Chang Tan Chin have resigned, with immediate effect, as part of the board's internal restructuring efforts.

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Rising insurance premiums could strain businesses’ financial health, particularly micro, small and medium enterprises (MSMEs), according to the Malaysian Employers Federation (MEF).

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TopVision Eye Specialist Bhd (KL:TOPVISN) shares staged a strong debut on the ACE Market of Bursa Malaysia on Monday, as it raised close to RM18 million from its initial public offering (IPO).

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<p>YTL Power International Bhd's (KL:YTLPOWR) data centres are well on track, with the second phase of 8MW under Johor Data Centre 1 (JDC1) expected to come online by end-2024, according to MIDF Research.</p>


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<p>The Malaysian Iron and Steel Industry Federation (Misif) has called for the Independent Steel Committee (ISC) to release the findings of its study conducted, including recommendations and proposals, to the public.</p>


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<p>(Dec 16):&nbsp;Chinese President Xi Jinping dismissed internal divisions within the ruling Communist Party as unavoidable, while calling for greater efforts to instil&nbsp;discipline, according to newly disclosed remarks he made at an anti-graft meeting in January.</p>
