<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 26): Hextar Industries Bhd (KL:HEXIND) will begin trading on Bursa Malaysia's Main Market instead of the ACE Market come Friday (June 28).</p></div>

<div class=newsTextDataWrapInner><p>According to a statement by Bursa Malaysia, the stock short name and stock number of the agrochemicals producer will remain unchanged.</p></div>

<div class=newsTextDataWrapInner><p>Hextar Industries was listed on the ACE Market in February 2014.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>It first proposed the listing transfer in November 2023 to provide the group with greater recognition and acceptance among investors, as well as to elevate its corporate image among clients, contractors, business partners and bankers.</p></div>

<div class=newsTextDataWrapInner><p>Hextar shares rose half a sen to close at 39.5 sen on Wednesday, valuing the group at RM1.07 billion. The stock has changed little year to date.<br />
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Hextar Industries Bhd (KL:HEXIND) will begin trading on Bursa Malaysia's Main Market instead of the ACE Market come Friday (June 28).

According to a statement by Bursa Malaysia, the stock short name and stock number of the agrochemicals producer will remain unchanged.

Hextar Industries to complete transfer to Main Market on June 28

An eight-day winning streak for Tesla Inc shares sent the world’s most valuable automaker into positive territory for the first time this year.

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Türkiye will soon unveil an agreement with BYD Co to construct a US$1 billion (RM4.71 billion) plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.

China’s BYD to build US$1b EV plant in Türkiye, Bloomberg reports

House Minority Leader Hakeem Jeffries on Friday night abruptly scheduled an unusual weekend meeting with top Democratic colleagues as party anxiety festers over whether Joe Biden should remain in the US presidential race.

Top House Democrat to hold weekend meeting amid Biden anxieties

Lawmakers will debate the latest Auditor-General’s (AG) Report 2/2024 when parliament resumes session this week following a one-day break for Awal Muharram on Monday.

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Equities in China and India are being touted as potential outperformers in Asia in the second half of the year (2H2024), as investors flock to emerging-market (EM) themes.

Chinese, Indian stocks favoured over Japan in Asia’s 2H

Global stocks rose while US Treasury yields dipped on Friday after highly anticipated jobs data boosted market expectations of a Federal Reserve (Fed) interest-rate cut.

World stocks rise, US yields dip amid jobs data, UK labour landslide

Nine polling centres with 65 voting streams opened simultaneously at 8am on Saturday for the Sungai Bakap state by-election.

Sungai Bakap state by-election: Nine polling stations open at 8am

The Public Accounts Committee’s (PAC) inquiry into the affairs of the Human Resource Development Corporation (HRD Corp), particularly its investments and governance structure, has opened a can of worms.

Shenanigans at HRD Corp

Integrated power infrastructure group Pestech International Bhd (KL:PESTECH) and state utility firm Syarikat Sesco Bhd have scrapped plans to undertake the Entinggan–B 275/(33)kV substation project worth RM109.98 million after taking into consideration the economic factors of the job.

Pestech, Sesco nix RM109.98m substation project in Sarawak

South Malaysia Industries Bhd (KL:SMI) has sought a court order to compel local stockbrokers Kenanga Investment Bank Bhd to provide details of shareholders who sold their shares that led to Francis Leong Seng Wui becoming its major shareholder with a 30.67% stake.

Leong, the executive director of property developer Hong Seng Consolidated Bhd (KL:HONGSENG), emerged as a substantial shareholder of the company after he acquired 32.58 million shares or a 15.52% stake through his private vehicle Target 1 Sdn Bhd on June 4.

SMI seeks court order to identify sellers of shares acquired by new major shareholder

<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Friday.</p>


Maybank, Southern Cable, TNB, GHL Systems, Eurospan Holdings, Salutica, Tex Cycle, Pestech, Computer Forms

<p>The Public Accounts Committee’s (PAC) inquiry into the affairs of the Human Resource&nbsp;Development Corporation (HRD Corp), particularly its investments and governance structure, has opened a can of worms.</p>


<p>South Malaysia Industries Bhd (KL:SMI) has sought a court order to compel local stockbrokers Kenanga Investment Bank Bhd to provide details of shareholders who sold their shares that led to Francis Leong Seng Wui becoming its major shareholder with a 30.67% stake.</p>

<p>Leong, the executive director of property developer Hong Seng Consolidated Bhd (KL:HONGSENG), emerged as a substantial shareholder of the company after he acquired 32.58 million shares or a 15.52% stake through his private vehicle Target 1 Sdn Bhd on June 4.</p>


<p>Appropriate action, including legal measures, has been initiated to address the RM286.3 million accumulated losses reported by Mara Incorporated Sdn Bhd (Mara Inc), as highlighted in the Auditor-General's Report (LKAN) released Thursday.</p>

<p>Mara director-general Datuk Seri Azhar Abdul Manaf said the accumulated losses between 2012 and 2022 were partly attributed to asset acquisitions abroad, particularly in Australia and the United Kingdom from 2012 to 2014.</p>


Appropriate action taken to resolve Mara Inc's losses — Mara DG

<p>Elon Musk wants to dismiss a lawsuit by former Twitter shareholders who said he waited too long in early 2022 to reveal his large ownership stake in the social media company, saying "all indications" show his delay was a mistake.</p>


Musk suggests late Twitter disclosure was a mistake, seeks to end lawsuit

<p>Nine polling centres with&nbsp;65 voting streams opened simultaneously at 8am on Saturday for the Sungai&nbsp;Bakap state by-election.</p>


<p>Global&nbsp;stocks rose while US&nbsp;Treasury yields dipped on Friday after highly anticipated jobs data boosted market expectations of a Federal Reserve (Fed) interest-rate cut.</p>


<p>Equities in China and India are being touted as potential outperformers in Asia in the second half of the year (2H2024), as investors flock to emerging-market (EM) themes.</p>


<p>Lawmakers will debate the latest <b>Auditor-General’s (AG) Report 2/2024</b> when parliament resumes session this week following a one-day break for Awal Muharram on Monday.</p>


<p>House Minority Leader Hakeem Jeffries on Friday night abruptly scheduled an unusual weekend meeting with top Democratic colleagues as party anxiety festers over whether Joe Biden should remain in the US presidential race.</p>


<p>Türkiye will soon unveil an agreement with BYD Co&nbsp;to construct a US$1 billion (RM4.71 billion) plant in the west of the country, Turkish officials said, boosting the Chinese carmaker’s presence in Europe at a time of escalating trade tensions.</p>


<p>An eight-day winning streak for Tesla Inc&nbsp;shares sent the world’s most valuable automaker into positive territory for the first time this year.</p>
