<div class=newsTextDataWrapInner><p>(Dec 23): Xerox Holdings said on Monday it would buy Lexmark International, the maker of printers and printing software, in a US$1.5 billion (RM6.7 billion) deal.</p></div>

<div class=newsTextDataWrapInner><p>The Lexington, Kentucky-based Lexmark was formed as a spin-off of IBM in March 1991, according to the company's website. It caters to customers in more than 170 countries in markets, including manufacturing, retail and financial services.</p></div>

<div class=newsTextDataWrapInner><p>In October, Xerox had said it would buy ITsavvy, an Illinois-based IT products firm, for US$400 million, as the office equipment maker looks to expand its IT services business.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p><i>Uploaded by Magessan Varatharaja</i></p></div>


Xerox Holdings said on Monday it would buy Lexmark International, the maker of printers and printing software, in a US$1.5 billion (RM6.7 billion) deal.

Xerox to buy printer maker Lexmark from Chinese owners in US$1.5b deal

Nestcon Bhd’s (KL:NESTCON) wholly owned subsidiary Nestcon Infra Sdn Bhd is set to develop a large-scale solar photovoltaic plant (LSSPV) with 14.99 megawatts of alternating current (MWac) in Bongawan, Kimanis, Sabah.

Nestcon wins bids to develop 18.99 MWac LSS power plant projects in Sabah

The Road Transport Department (JPJ) has initiated a comprehensive investigation and safety audit on the vehicle companies involved in the fatal accident at KM204 of the North-South Expressway (PLUS) northbound in Melaka on Monday night.

JPJ launches investigation, safety audit over KM204 fatal crash

KKB Engineering Bhd (KL:KKB) has initiated adjudication proceedings under the Construction Industry Payment and Adjudication Act against a contractor over outstanding claims amounting to RM10.1 million.

KKB Engineering sues glove factory project contractor over unpaid claims

Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).

PNB remains optimistic about Malaysian economy, KLCI next year

Registered paddy farmers nationwide are encouraged to join the Paddy Crop Takaful Scheme (STTP) as protection against unforeseen disasters.

In a statement on Tuesday, Agrobank highlighted that the STTP is crucial for farmers, especially when facing natural disaster risks such as floods or drought and pest and disease infestations.

Agrobank urges paddy farmers to join takaful scheme

The Madani government will continue to fully support efforts to safeguard the safety and well-being of children and will not tolerate any crimes that threaten their future, said Communications Minister Fahmi Fadzil.

Madani govt stays committed to protecting child safety — Fahmi

Despite the popularity of online shopping platforms, malls were nevertheless crowded with locals and foreigners alike making last-minute preparations for Christmas on Wednesday.

Malls overflowing as shoppers grab last-minute deals for Christmas 

Loss-making Parlo Bhd (KL:PARLO) has proposed a cash call and capital reduction to revive its financials.

Parlo proposes rights issue and capital reduction

Prime Minister Datuk Seri Anwar Ibrahim has extended his condolences to the families of the victims of a five-vehicle crash at KM204 of the North-South Expressway (PLUS) in Melaka on Monday night.

Anwar extends condolences to families of KM204 crash victims

Datasonic Group Bhd (KL:DSONIC) said Azlan Abdul Kadir’s status as a substantial shareholder of the company has ceased following a 20 million share disposal.

Azlan Abdul Kadir ceases to be Datasonic's substantial shareholder

<p>Amanah Saham Nasional Bhd (ASNB), a wholly owned unit trust company of Permodalan Nasional Bhd (PNB), has declared a total income distribution of 5.75 sen per unit, amounting to a total income payout of RM10.1 billion for Amanah Saham Bumiputera (ASB) for the financial year ending Dec 31, 2024 (FY2024).</p>


ASB's FY2024 distribution at RM10.1b or 5.75 sen per unit, highest since 2018

<p>Rain and thunderstorms are expected to hit Selangor, Negeri Sembilan, Sabah, and Sarawak on Christmas morning.</p>


Rain, thunderstorms expected to hit four states on Christmas morning — MetMalaysia

<p>The government has removed the 85% demand capacity cap for non-domestic users under its self-consumption (SelCo) programme, and to allow the installation of solar panels on the ground and over bodies of water.</p>


Quota abolished for solar panel installation under self-consumption mechanism — energy ministry

<p>Malaysia’s utilities stocks still have room to run as electricity demand surges from the proliferation of data centres and electric vehicles, Apex Securities said and told investors to "overweight" the sector.</p>


Utilities stocks still have room to run as electricity demand surges, Apex joins coverage with 'overweight' call

<p>FBM KLCI’s upside in 2025 could be limited by a slowdown in foreign inflow and the strengthening US dollar, Phillip Capital warned and recommended that investors look at small- to mid-cap stocks.</p>


Phillip Capital says KLCI has limited upside in 2025, recommends small-mid cap stocks

<p>The High Court has dismissed Muar Member of Parliament Syed Saddiq Syed Abdul Rahman's leave (permission) application to commence legal action against Prime Minister Datuk Seri Anwar Ibrahim and the government over RM730,300 in allocations for his constituency.</p>


Court dismisses Syed Saddiq's bid to challenge unpaid MP allocations as application deadline missed

<p>Taiwan Semiconductor Manufacturing Co (TSMC) shares touched a record high, as the world’s largest contract chipmaker is poised to cap its best annual stock performance in 25 years.</p>


TSMC shares touch record high, eyeing best year since 1999 on AI

<p>Permodalan Nasional Bhd (PNB) remains optimistic about the outlook for Malaysia's economy and the local bourse next year, underpinned, among others, by clear economic policies and steady inflows of foreign direct investments (FDIs).</p>


<p>theedgemalaysia.com&nbsp;highlighted three stocks with positive momentum and two stocks with negative momentum at Bursa Malaysia's afternoon close on Tuesday.</p>


Stocks with momentum on Dec 24, 2024: Genetec, Sarawak Cable, Tuju Setia, MNC Wireless, AME Elite

<h3><span style="color:#d35400;">Banks</span></h3>

<p><span style="color:#27ae60;"><strong>Overweight (maintain)</strong></span></p>

<p><strong>RHB RESEARCH (DEC 10):</strong> We think market volatility will likely persist amid uncertainties with respect to US policies and the US federal funds...

Brokers Digest: Local Equities - Banks, Inari Amertron Bhd, SkyWorld Development Bhd, Dialog Group Bhd

<p>Donald Trump hinted he still wants to buy Greenland, a self-ruling territory of Denmark, saying that US ownership and control of the island is an “absolute necessity” for national security.</p>


Trump reiterates he wants to buy Greenland for US security

<h2>Notable filings</h2>

<p>Over the week of Dec 2 to 6, among the notable changes in shareholding for companies listed on Bursa Malaysia were those at auto parts manufacturer and distributor <strong>EP Manufacturing Bhd</strong> (KL:EPMB).</p>

<p>Bermaz Capital Sdn Bhd (formerly Bermaz Anshin...

Insider Moves: EP Manufacturing Bhd, Eastern & Oriental Bhd, Aurelius Technologies Bhd, Central Global Bhd, Yinson Holdings Bhd, RHB Bank Bhd 

<p>British confectionery giant Cadbury has lost its status as supplier to the British Royal Family after 170 years and six monarchs, reported <em>Sputnik/RIA Novosti</em>, citing the <em>Daily Mail</em>.</p>


Candy maker Cadbury loses royal supplier status after 170 years — reports

<p>MMAG Holdings Bhd (KL:MMAG), which is involved in the sales of digital devices and logistic services, said on Tuesday it has acquired a Boeing B737-400SF aircraft from Japan-based JPA No 161 Co Ltd for US$4.61 million (RM20.76 million) cash.</p>


MMAG buys aircraft for RM20 mil to expand air cargo capacity

<p>BYD Co has severed ties with a construction firm after Brazilian authorities halted construction of a new electric vehicle (EV) plant where workers were found working and living in “slavery”-like conditions.</p>


Brazil halts BYD site after workers found in ‘slave’ conditions

<p>IN a bid to accelerate the adoption of renewable energy (RE) and ahead of the upcoming fifth large-scale solar (LSS5) programme, the government has opened up the installation of battery energy storage systems (BESS) to third parties, under concession agreements, according to documents sighted by ...

BESS programme: A game changer for the Malaysian energy landscape?

<p>Coastal Contracts Bhd’s (KL:COASTAL) maiden foray into the renewable energy (RE) sector is timely while providing long-term income visibility for the oil-and-gas services firm, said RHB Investment Bank (RHB IB).</p>


Coastal Contracts' foray into renewable energy timely, helps cut reliance on Pemex — RHB IB

<p>Malaysia’s economy sustained strong growth in the first three quarters of 2024 (9M2024), expanding by 5.2% from January to September, said the Department of Statistics Malaysia.</p>


Malaysia's economy up 5.2% in 9M2024, official data show

<p>Donald Trump's surprise threat to retake control of the Panama&nbsp;Canal&nbsp;and his expansionist declaration that the US should own Greenland signals that the incoming US&nbsp;president will pursue a foreign policy&nbsp;unbound&nbsp;by diplomatic niceties.</p>


Trump previews combative foreign policy with threats to Panama, Greenland

<p>Boustead Heavy Industries Corp Bhd (KL:BHIC) shareholders have given the nod for the fabrication and engineering company to dispose of its 51% equity stake in Contraves Advanced Devices Sdn Bhd (CAD) to German defence firm Rheinmetall AG for RM54 million.</p>
