<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 23): Supercomnet Technologies Bhd (KL:<a href="/askedge/klse/0001" class="ce-stock" target="_blank">SCOMNET</a>) announced on Monday that its managing director, James Shiue Jong-Zone, has been redesignated as the company's executive director.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, his son, Kevin Hsueh Chih-Yu, has been redesignated from executive director to managing director. The changes take effect immediately, according to Supercomnet’s bourse filings.</p></div>

<div class=newsTextDataWrapInner><p>Jong-Zone holds a 13.65% direct stake in the wire and cable manufacturer, followed by his wife Hsueh Chih-Yu, with 12.71%, and their son Shiue Jyh-Jeh @ Jerry — Chih-Yu’s brother — who owns an 11.97% stake, according to annual report data compiled by <i>AskEdge</i>.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a separate filing, Supercomnet announced the appointment of Cheah Ho Wee Hock as independent non-executive director.</p></div>

<div class=newsTextDataWrapInner><p>Cheah previously held senior management positions at an international petroleum engineers' society, serving as HR and accounting manager as well as senior business services manager, reporting directly to the managing director.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Supercomnet closed up one sen or 0.74% to RM1.37 on Monday, giving the company a market capitalisation of RM1.17 billion. The counter is up 12.3% this year.</p></div>


Supercomnet Technologies Bhd (KL:SCOMNET) announced on Monday that its managing director, James Shiue Jong-Zone, has been redesignated as the company's executive director.

Supercomnet’s James Shiue redesignated as executive director, son named MD 

Saudi Arabia, one of the largest bond issuers in emerging markets last year, has started 2025 with a borrowing spree to fund its vast economic-transformation plan.

Saudi Arabia starts 2025 with a US$12 bil bond and PIF loan

Nvidia Corp CEO Jensen Huang announced a raft of new chips, software and services, aiming to stay at the forefront of artificial intelligence computing.

Nvidia CEO unveils new graphics cards, software, services at CES

PUTRAJAYA (Jan 7): The dissolution of the government task force investigating 1Malaysia Development Bhd (1MDB) was an “administrative decision”, and not as a result of any directive by then-prime minister Datuk Seri Najib Razak, the court heard on Tuesday.

1MDB-Tanore: Najib says disbandment of taskforce probing wrongdoing was an ‘administrative decision’

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) achieved record-high vehicle sales and production volumes in 2024, marking an 8.4% increase in sales compared to the previous year, along with its highest production output to date.

Perodua achieved record-high vehicle sales, production in 2024

Muhammed Yusoff Rawther, a former aide of Datuk Seri Anwar Ibrahim, has filed a representation requesting the prosecution to drop charges of drug trafficking and fake gun possession charges.

Anwar’s former aide files representation to drop drug trafficking, fake gun charges

WASHINGTON/BERKELEY, California/BENGALURU (Jan 6): Michael Barr, the Federal Reserve's top regulatory cop, said he will step down on Feb 28, in a surprise move that will avert a potentially messy legal fight with President-elect Donald Trump, who is now free to replace him with an official of his choosing.

Fed's Barr to resign early from regulatory job to avoid legal fight with Trump

The leaders of Malaysia and Singapore formalised an agreement establishing a special economic zone linking their two nations’ border region, with the aim of attracting 50 projects in the first five years of its establishment.

Singapore, Malaysia ink deal creating new vast economic zone

The US Defense Department said on Monday it has added Chinese tech giants including gaming and social media leader Tencent Holdings and battery maker CATL to a list of firms it says work with China's military.

US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military

WASHINGTON (Jan 6): The US Congress formally certified Republican President-elect Donald Trump's election victory on Monday during a session presided over by Democratic Vice President Kamala Harris, who lost the November contest.

US Congress certifies Trump election victory with Harris presiding

There are still ample near- to medium-term opportunities for Kerjaya Prospek Group Bhd (KL:KERJAYA) after the construction firm secured its first contract for the year, analysts said.

Plenty of jobs ahead for Kerjaya Prospek after its first contract win in 2025, analysts say

<p>The leaders of Malaysia and Singapore formalised an agreement establishing a special economic zone linking their two nations’ border region, with the aim of attracting 50 projects in the first five years of its establishment.</p>


<p>KUALA LUMPUR (Jan 7): Kumpulan Wang Persaraan (Diperbadankan), or KWAP, and its affiliates have disposed of 119.25 million&nbsp;shares, or a 7.15% stake in Malaysia Airport Holding Bhd (MAHB)(KL:AIRPORT), pursuant to the takeover offer by Gateway Development Alliance Sdn Bhd (GDA).</p>


GDA ups holding after KWAP disposes of 7.15% stake amid takeover

<p>(Jan 6):&nbsp;A rally in the world’s largest tech companies lifted stocks at the start of the first full trading week in 2025. The dollar trimmed losses as President-elect Donald Trump said his tariff plan won’t be scaled back.</p>


US stocks advance as Nvidia closes at all-time high

<p>Toyota Motor Corp plans to move in the first 100 residents of a futuristic city at the base of Mount Fuji in Japan by as soon as this fall, but declined to specify how much the ambitious project is costing the company.</p>


Toyota aims to open its futuristic city in Japan this year

<p>Malaysia’s green industrialisation efforts face significant hurdles, including a decline of its manufacturing base, requiring urgent actions by the government, according to a new study.</p>


Study: Malaysia’s manufacturing decline hinders green industrialisation, urgent action needed

<p>SINGAPORE (Jan 7): Asia shares rose on Tuesday, tracking Wall Street's positive lead and as some investors hoped incoming US President-elect Donald Trump could adopt a less aggressive tariff stance than promised when he takes office.</p>


Asia shares rise on prospect of softer Trump tariffs

<p>The King, Sultan Ibrahim Sultan Iskandar, on Tuesday granted an audience to Singapore Prime Minister Lawrence Wong at Istana Negara here.</p>


King grants audience to Singapore PM at Istana Negara

<p>NEW YORK (Jan 6): Medical-device maker Stryker is in advanced talks to acquire Inari Medical, which makes devices that treat patients with venous diseases, people familiar with the matter told <em>Reuters</em> on Monday.</p>


Medical device maker Stryker nearing a deal to buy Inari Medical — Reuters

<p>There are still ample near- to medium-term opportunities for Kerjaya Prospek Group Bhd (KL:KERJAYA) after the construction firm secured its first contract for the year, analysts said.</p>


<p>Asian chip-related shares extended gains on expectations that Nvidia Corp chief Jensen Huang would spark renewed optimism over AI demand during his speech at the CES trade show in Las Vegas.</p>


Asia chip shares surge ahead of Nvidia CEO’s Vegas appearance

<p>PUTRAJAYA (Jan 7): The dissolution of the government task force investigating 1Malaysia Development Bhd (1MDB) was an “administrative decision”, and not as a result of any directive by then-prime minister Datuk Seri Najib Razak, the court heard on Tuesday.</p>


<p>(Jan 7): Samsung Electronics Co&nbsp;is ramping up investment in artificial intelligence (AI) for consumer electronics, betting on its ubiquitous presence in gadgets from smartphones to TVs to help it stake out a spot in the AI arena.</p>


Samsung CEO touts AI fridges and washers after year to forget

<p>Perusahaan Otomobil Kedua Sdn Bhd (Perodua) achieved record-high vehicle sales and production volumes in 2024, marking an 8.4% increase in sales compared to the previous year, along with its highest production output to date.</p>


<p>BEIJING/KATHMANDU, Nepal/BHUBANESWAR, India (Jan 7): A magnitude 6.8 earthquake struck near one of Tibet's holiest cities on Tuesday morning, the China Earthquake Networks Centre said, damaging buildings around Shigatse and sending people running to the streets in neighbouring Nepal and India.</p>


Powerful earthquake hits holy city in China's Tibet

<p>Bridgewater Associates dismissed 7% of its workforce Monday as the world’s biggest hedge fund seeks to remain lean and maintain the flexibility to hire top talent, according to a person familiar with the matter.</p>


Bridgewater cuts 7% of staff in effort to remain ‘nimble’ — Bloomberg

<p>(Jan&nbsp;7):&nbsp;Oil snapped a five-session rally, as key technical markers show gains driven by tightness in global physical crude markets may have gone too far.</p>


Oil falls as technicals signal five-session rally is overdone

<p>Muhammed Yusoff Rawther, a former aide of Datuk Seri Anwar Ibrahim, has filed a representation requesting the prosecution to drop charges of drug trafficking and fake gun possession charges.</p>


<p>A 33-year-old piece of legislation in Australia is helping to spark fresh interest from private equity firms including KKR &amp; Co and Bain Capital as they seek to tap into one of the world’s fastest-growing money management industries.</p>


Buyout firms chase slice of Australia’s US$2.5 tril pensions

<p>Toyota Motor Corp is investing in a Japanese startup that aims to mass produce lightweight rockets and someday vie with big players for a slice of the growing commercial space industry.</p>


Toyota invests in Japanese rocket startup as SpaceX races ahead

<p>JUBA/DUBAI/LONDON (Jan 6): Sudan has lifted a nearly year-long force majeure on the transport of crude oil from its neighbour South Sudan to a port on the Red Sea, after security conditions improved, according to a letter seen by <em>Reuters</em> on Monday.</p>
