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<div class=newsTextDataWrapInner><p class="thumb-cap">EVENING 5: Charges dropped against Najib, Irwan in IPIC trial</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>
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<div class=newsTextDataWrapInner><p>Here’s a quick look at some of the stories that made headlines today.</p></div>

<div class=newsTextDataWrapInner><p>Dirty dealings. Corporate battles. Consumer woes. Here are five things you need to know today.</p></div>

<div class=newsTextDataWrapInner><p>1. The High Court has granted former prime minister Datuk Seri Najib Razak and former Treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah a<a href="https://theedgemalaysia.com/node/735604" target="_blank"> discharge not amounting to an acquittal</a> in their criminal trial regarding International Petroleum Investment Co .</p></div>

<div class=newsTextDataWrapInner><p>2. AMMB Holdings Bhd sharply raised its dividend payout after <a href="https://theedgemalaysia.com/node/735624" target="_blank">reporting </a>a 7% rise in second-quarter net profit from a year earlier on interest income growth.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>3. FGV Holdings Bhd nearly tripled its net profit in the third quarter thanks to higher output and prices that may stay <a href="https://theedgemalaysia.com/node/735700" target="_blank">high </a>in the remaining months of 2024.</p></div>

<div class=newsTextDataWrapInner><p>4. Boustead Heavy Industries Corp is <a href="https://theedgemalaysia.com/node/735715" target="_blank">selling </a>its 51% stake in Contraves Advanced Devices Sdn Bhd to its joint venture partner in the firm, German arms maker Rheinmetall AG for RM54 million cash.</p></div>

<div class=newsTextDataWrapInner><p>5. Air fragrance maker Vanzo Holdings Bhd has <a href="https://theedgemalaysia.com/node/735613" target="_blank">launched </a>the prospectus for its ACE Market initial public offering that may raise up to RM21 million.<br />
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EVENING 5: Five things you need to know today

KUALA LUMPUR, (March 16): PKR information chief Datuk Fahmi Fadzil announced his candidacy on Sunday for the party’s vice-president post in the party elections in May.

Fahmi to contest PKR vice-president post

SINGAPORE (March 16): Singapore has established a taskforce to help Singaporeans and local businesses seize opportunities and reap the benefits of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.

Singapore sets up taskforce to seize opportunities from RTS Link

KUALA LUMPUR (March 16): Prime Minister Datuk Seri Anwar Ibrahim has urged the Economy Ministry to prioritise 10 key projects in Negeri Sembilan, particularly those related to flood mitigation.

Anwar urges focus on key projects in Negeri Sembilan, including Tuanku Jaafar Hospital 2

KUCHING (March 16): The interpretation of the law, including the quota of parliamentary seats in Sabah and Sarawak and the continental shelf, is expected to be finalised at the Malaysia Agreement 1963 Implementation Action Council  (MTPMA63) this May.

MA63: Interpretation of parliamentary seat quota, continental shelf to be finalised in May — Fadillah

KUALA LUMPUR (March 16): A civil servant was arrested in Ops Outlander, an operation targeting a syndicate involved in late birth registration, on suspicion of accepting bribes ranging from RM10,000 to RM15,000 for each birth certificate issued.

Ops Outlander: Civil servant held for receiving bribes of up to RM15,000 for birth certificates

PARIS (March 16): The stationing of peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.

Not for Russia to decide on peacekeepers in Ukraine, Macron says

ATLANTA/BENGALURU (March 16): Tornadoes killed at least 33 people across several states in the US Midwest and Southeast on Saturday (March 15) night, CNN reported.

Tornadoes strike US South, killing 33 people amid rising risk, CNN says

3R issues: Police to submit investigation paper to AGC on Monday

3R issue: Police to submit investigation paper to AGC on Monday 

Nestled in the heart of Kuala Lumpur, TRX Residences is setting unprecedented standards for world-class, integrated urban living with a seamless blend of convenience, sustainability and connectivity.

TRX Residences: A masterpiece of integrated urban living in Kuala Lumpur

SHAH ALAM (March 16): DAP hopes that the government would amend the Federal Constitution within the next two years, to limit the tenure of the prime minister to 10 years.

Loke: DAP wants Federal Constitution to be amended to limit PM’s tenure to 10 years

<p>SHAH ALAM (March 16): Bagan member of Parliament (MP) Lim Guan Eng has been named the Democratic Action Party’s (DAP) adviser after securing a seat in the party’s Central Executive Committee (CEC) in what was widely regarded as one of the fiercest contests in the party’s history.</p>


Guan Eng named DAP adviser, Gobind Singh appointed party’s national chairman

<p>SHAH ALAM (March 16): DAP will relax the conditions on its elected representatives to receive awards or honours from sultans or state governors.</p>


DAP to ease conditions on accepting awards, titles for elected reps, says Loke

<p>SINGAPORE (March 16): With the legal fight within the board of City Developments Ltd (CDL) put behind, the company will give shareholders a proper account, according to group chief executive officer Sherman Kwek.</p>


CDL will give shareholders a proper account, says group CEO Sherman Kwek

<p>HONGKONG/BEIJING/BENGALURU (March 16): Chinese President Xi Jinping has declined an invitation to visit Brussels for a summit to mark the 50th anniversary of EU-China diplomatic ties, the <em>Financial Times </em>(<em>FT</em>) reported on Sunday.</p>


China's Xi declines EU invitation to anniversary summit, FT reports

<p>WASHINGTON/ADEN, Yemen (March 15): US&nbsp;President Donald Trump launched large-scale military strikes against Yemen's Iran-aligned Houthis on Saturday over the group's attacks against Red Sea shipping, killing at least 31 people at the start of a campaign expected to last many days.</p>


Trump launches large-scale strikes on Yemen's Houthis, at least 31 killed

<p>KUALA LUMPUR (March 16): The "major reshuffle" of the Democratic Action Party (DAP) Central Executive Committee (CEC) was aimed at giving more leaders the opportunity to showcase their abilities, said party secretary general Anthony Loke Siew Fook.</p>


DAP leadership’s 'major reshuffle' aims to showcase more party leaders, says Loke

<p>KUALA LUMPUR (March 16): The government remains committed to implementing the institutional reform agenda, including a proposed amendment to the Federal Constitution to cap the prime minister's term at 10 years.</p>


Anwar: Reform agenda to be implemented carefully, to avoid failure due to haste

<p>SHAH ALAM (March 16): DAP&nbsp;hopes that the government would amend the Federal Constitution within the next two years, to limit the tenure of the prime minister to 10 years.</p>


<p>TAPAH (March 16): Perikatan Nasional (PN) will announce its candidate contesting in the Ayer Kuning state by-election after a special meeting on Thursday (March 20).</p>


Ayer Kuning polls: Perikatan Nasional to announce candidate after March 20 meeting

<p>CHENNAI (March 16): India's Zetwerk is considering a stock market listing within 24 months, at a time when the contract manufacturer is ramping up electronics production, its chief executive officer and co-founder said on Saturday (March 15).</p>


India's Zetwerk mulls public listing within two years, co-founder says

<p>FRANKFURT (March 16): The pay package of UBS chief executive officer&nbsp;Sergio Ermotti came in just above 15 million Swiss francs (US$17 million, or RM75.56 million) in 2024, Swiss daily <em>Blick</em> reported, not citing where it obtained the information.</p>


UBS CEO Ermotti to receive US$17 mil paycheque for 2024, Swiss daily Blick reports

<p>ATLANTA/BENGALURU (March 16): Tornadoes killed at least 33 people across several states in the US&nbsp;Midwest and Southeast on Saturday (March 15) night, <em>CNN</em> reported.</p>


<p>PARIS (March 16): The stationing of peacekeeping troops in Ukraine, as proposed by Britain and France as part of a ceasefire agreement with Russia, is a question for Kyiv to decide and not Moscow, French President Emmanuel Macron said in an interview.</p>


<p>3R issues: Police to submit investigation paper to AGC on Monday&nbsp;</p>


<p>KUALA LUMPUR (March 16): A civil servant was arrested in Ops Outlander, an operation targeting a syndicate involved in late birth registration, on suspicion of accepting bribes ranging from RM10,000 to RM15,000 for each birth certificate issued.</p>


<p>KUALA LUMPUR, (March 16): PKR information chief Datuk Fahmi Fadzil announced his candidacy on Sunday for the party’s vice-president post in the party elections in May. &nbsp;</p>


<p>SINGAPORE (March 16): Singapore has established a taskforce to help Singaporeans and local businesses seize opportunities and reap the benefits of the upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link.</p>


<p>KUALA LUMPUR (March 16): Prime Minister Datuk Seri Anwar Ibrahim has urged the Economy Ministry to prioritise 10 key projects in Negeri Sembilan, particularly those related to flood mitigation.</p>


<p>KUCHING (March 16): The interpretation of the law, including the quota of parliamentary seats in Sabah and Sarawak and the continental shelf, is expected to be finalised at the Malaysia Agreement 1963 Implementation Action Council &nbsp;(MTPMA63) this May.</p>
