<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 8): S P Setia Bhd (KL:<a href="/askedge/klse/8664" class="ce-stock" target="_blank">SPSETIA</a>) has announced the completion of its land disposal, involving 500 acres of freehold land in Glengowrie, Semenyih, to three of Mah Sing Group Bhd’s (KL:<a href="/askedge/klse/8583" class="ce-stock" target="_blank">MAHSING</a>) wholly-owned subsidiaries for RM392 million, cash.</p></div>

<div class=newsTextDataWrapInner><p>The subsidiaries are Elite Park Development Sdn Bhd, Grand Prestige Development Sdn Bhd and Mestika Bistari Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Announcing this in&nbsp;a press statement issued Aug 5,&nbsp;S P Setia&nbsp;said the disposal is part of its strategy to boost capital efficiency as it focuses on high-priority projects&nbsp;while steering the company towards a leaner business model.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>S P Setia president and CEO Datuk Choong Kai Wai commented, "The completion of this land sale allows us to reallocate resources towards significant projects, reduce debt and align with our asset-light strategy to enhance competitiveness.</p></div>

<div class=newsTextDataWrapInner><p>"It also enables us for future growth, fostering a more dynamic and innovation-driven approach, allowing us to seize new opportunities, which increases profitability and stakeholder value," he added.</p></div>


S P Setia Bhd (KL:SPSETIA) has announced the completion of its land disposal, involving 500 acres of freehold land in Glengowrie, Semenyih, to three of Mah Sing Group Bhd’s (KL:MAHSING) wholly-owned subsidiaries for RM392 million in cash, in a press statement issued on Aug 5.

S P Setia completes sale of RM392m Semenyih land to Mah Sing subsidiaries

TopVision Eye Specialist Bhd (KL:TOPVISN) shares staged a strong debut on the ACE Market as it looks to raise close to RM18 million from its initial public offering (IPO).

TopVision shares stage strong debut on ACE Market

LONDON (Dec 16): British manufacturers have reported the sharpest loss of confidence since the start of the Covid-19 pandemic, in the face of higher costs including tax increases by the new government, a group representing the sector said on Monday.

UK factories take fright as budget adds to cost pressures, survey shows

Unwavering craftsmanship, visionary innovation and a commitment to excellence — these are the qualities that have solidified The Macallan as the preeminent name in the world of Scotch whisky. As the house celebrates its milestone 200 years, it proudly showcases its well-storied history and legacy as well as its intent to further elevate the world of luxury spirits with more exceptional releases.

A story worth telling

LONDON (Dec 15): Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada on Sunday, as it seeks to deepen ties in the region and build its global trade links after leaving the European Union (EU).

Britain joins trans-Pacific pact in biggest post-Brexit trade deal

A bold new chapter for Carlsberg Malaysia

KUALA LUMPUR (Dec 15): The International Monetary Fund (IMF) has commended Malaysia’s economic reforms, notably the introduction of the Public Finance and Fiscal Responsibility Act (FRA) 2023, and the successful implementation of electricity and diesel subsidy reforms.

IMF credits Malaysia’s economic reforms, calls for further action to strengthen resilience

Asian stocks are set to fall on Monday ahead of a swath of Chinese data and a vow from the nation’s regulators to stabilize markets. South Korean assets will be closely watched after President Yoon Suk Yeol was impeached. 

Australian shares slipped while futures in Hong Kong and mainland China pointed to losses while those in Japan gained.

Asian stocks set to fall ahead of China data dump

MORNING CALL: 16/12/24

A student of mine recently approached me, overwhelmed by the weight of juggling her responsibilities. She spoke about the pressure to meet her parents’ expectations, excel in her studies, maintain friendships and prepare for the demands of an unforgiving workforce. Her story is not unique. Across classrooms and boardrooms, young people face mounting pressures, and mental health challenges have become alarmingly common. This is where the collective responsibility of educators, employers and parents comes into play. Supporting students’ mental health and resilience requires a holistic approach, with all parties working together to help young people navigate these challenges and build the mental strength to thrive.

The resilience partnership: A collective approach to students’ mental health

The employment landscape in Malaysia has undergone a significant transformation. Companies are navigating a talent ecosystem that is influenced by digitalisation, flexible work arrangement (FWA) and a growing emphasis on the diversity, equity and inclusion (DEI) agenda.

TalentCorp champions diversity and sustainability as a beacon for Malaysia 

<p>&nbsp;Wall Street is starting to sour on the dollar as President-elect Donald Trump’s policies and the Federal Reserve’s interest-rate cuts will likely put pressure on the greenback in the latter portion of 2025.</p>

<p>From Morgan Stanley to JPMorgan Chase, roughly a half dozen sell-side strategists, are now forecasting the world’s reserve currency will peak as early as mid next year before starting to decline, with Societe Generale seeing the ICE US Dollar Index falling 6% at the end of next year.&nbsp;</p>


Dollar’s trump-fuelled gains face a reality check late next year

<p>(Dec&nbsp;16) :&nbsp;Australia’s markets watchdog sued HSBC Bank of Australia Ltd&nbsp;for failing to protect customers who lost millions of dollars in scams.&nbsp;</p>


HSBC sued by Australian regulator for scam loss failures

<p>KUALA LUMPUR (Dec 15): The International Monetary Fund (IMF) has commended Malaysia’s economic reforms, notably the introduction of the Public Finance and Fiscal Responsibility Act (FRA) 2023, and the successful implementation of electricity and diesel subsidy reforms.&nbsp;</p>


<p>Asian stocks are set to fall on Monday ahead of a swath of Chinese data and a vow from the nation’s regulators to stabilize markets. South Korean assets will be closely watched after President Yoon Suk Yeol was&nbsp;impeached.&nbsp;</p>

<p>Australian shares slipped while futures in Hong Kong and mainland China pointed to losses while those in Japan gained.</p>


<p>South Korea’s currency and its stock market will take center stage on Monday, as investors respond to a weekend vote to impeach President Yoon Suk Yeol following his attempt to impose martial law.</p>

<p>The Korean won will be the main focus for traders, after its heavy losses during the country’s&nbsp;recent political chaos.</p>


Korean won, stocks take spotlight after impeachment vote

<p>(Dec&nbsp;16) :&nbsp;What was supposed to be a comeback year for Boeing Co. has turned into its worst stock-market plunge since 2008, and if Wall Street is right, the plane-maker’s shares may have only a modest recovery in store in 2025.&nbsp;</p>


Boeing’s year of crisis leaves investors wary of beaten-up stock

<p>TopVision Eye Specialist Bhd (KL:TOPVISN) shares staged a strong debut on the ACE Market as it looks to raise close to RM18 million from its initial public offering (IPO).</p>


<p>LONDON (Dec 15): Britain officially became the 12th member of a trans-Pacific trade pact which includes Japan, Australia and Canada on Sunday, as it seeks to deepen ties in the region and build its global trade links after leaving the European Union (EU).</p>


<p>LONDON (Dec 16): British manufacturers have reported the sharpest loss of confidence since the start of the Covid-19 pandemic, in the face of higher costs including tax increases by the new government, a group representing the sector said on Monday.</p>


<p>The employment landscape in Malaysia has undergone a significant transformation. Companies are navigating a talent ecosystem that is influenced by digitalisation, flexible work arrangement (FWA) and a growing emphasis on the diversity, equity and inclusion (DEI) agenda.</p>


<p>Unwavering craftsmanship, visionary innovation and a commitment to excellence — these are the qualities that have solidified The Macallan as the preeminent name in the world of Scotch whisky. As the house celebrates its milestone 200 years, it proudly showcases its well-storied history and legacy as well as its intent to further elevate the world of luxury spirits with more exceptional releases.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>


In pursuit of ESG excellence through green practices and workplace wellness

<p>A student of mine recently approached me, overwhelmed by the weight of juggling her responsibilities. She spoke about the pressure to meet her parents’ expectations, excel in her studies, maintain friendships and prepare for the demands of an unforgiving workforce. Her story is not unique. Across classrooms and boardrooms, young people face mounting pressures, and mental health challenges have become alarmingly common. This is where the collective responsibility of educators, employers and parents comes into play. Supporting students’ mental health and resilience requires a holistic approach, with all parties working together to help young people navigate these challenges and build the mental strength to thrive.</p>
