<div class=newsTextDataWrapInner>BENGALURU (Dec 30): Chinese lender Yibin City Commercial Bank is aiming to raise up to HK$1.87 billion (US$240.92 million, or RM1.07 billion) in a Hong Kong initial public offering (IPO), according to its regulatory filing on Monday.</div>

<div class=newsTextDataWrapInner>The company will offer 688.4 million shares as part of its global offering, in a price range of HK$2.59 to HK$2.72 per share, according to the filing.</div>

<div class=newsTextDataWrapInner>Yibin City Commercial Bank provides a range of banking services, including deposits, loans, domestic settlement, bill discounting, government bond underwriting, insurance, wealth management, and other financial services.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Citic Securities, Industrial and Commercial Bank of China, and others served as joint bookrunners for the global offering.</div>

<div class=newsTextDataWrapInner>Uploaded by Liza Shireen Koshy</div>

BENGALURU (Dec 30): Chinese lender Yibin City Commercial Bank is aiming to raise up to HK$1.87 billion (US$240.92 million, or RM1.07 billion) in a Hong Kong initial public offering (IPO), according to its regulatory filing on Monday.

Yibin City Commercial Bank seeks up to US$240m in Hong Kong IPO

Greenland's leader will meet the Danish king in Copenhagen on Wednesday, after US President-elect Donald Trump said he wanted to take control of the Arctic island, an autonomous territory of Denmark.

Trump, who takes office on Jan 20, said on Tuesday he would not rule out using military or economic action to make Greenland part of the United States. The same day, Trump's eldest son, Donald Trump Jr, made a private visit to Greenland.

Greenland leader to meet Danish king amid Trump bid to take over territory

Heineken-owned United Breweries on Wednesday stopped supplying beer to Telangana in southern India, following the state's refusal to allow price rises, which the company said have caused it huge losses.

Heineken's United Breweries halts beer sales in Indian state over pricing

Indonesia plans to require exporters of natural resources retain their export proceeds in the country for at least one year, up from the current three months, its chief economic minister said on Wednesday.

Indonesia to make resources exporters keep earnings at home for a year

Panama's government has flatly rejected US President-elect Donald Trump's claims to the Panama Canal, reported German news agency (dpa).

"The sovereignty of our canal is non-negotiable," Foreign Minister Javier Martínez-Acha said at a press conference on Tuesday.

Sovereignty is 'non-negotiable': Panama rejects Trump's canal claims

CJ Century Logistics Holdings Bhd (KL:CJCEN) has appointed Kim HyunChul as its new deputy chief executive officer (CEO), succeeding Kim JinMok, who resigned after nearly two years of service with the company.

CJ Century Logistics names Kim HyunChul as new deputy CEO

South Korea's impeached President Yoon Suk Yeol faces a new and potentially more robust attempt to arrest him for insurrection after a top investigator vowed to do whatever it takes to break a security blockade and take in the embattled leader.

South Korea's Yoon faces new arrest attempt in fortified compound

Gold prices edged higher on Wednesday due to the risks stemming from the tariff plans proposed by President-elect Donald Trump, with investors waiting for US economic data for guidance on the US Federal Reserve's interest rate stance in 2025.

Gold firms on risks posed by Trump's imminent policies

Roche on Wednesday said it plans to complete its purchase of US biopharmaceutical company Poseida Therapeutics, a specialist in complex immune cell therapies to treat several types of blood cancer.

Roche to complete US$1.5b acquisition of US biopharma company Poseida

Swift Energy Technology Bhd (KL:SET) ended its first day of listing with a 41.07% gain; it was the first listing for 2025, after the industrial services firm’s initial public offering (IPO) grossed RM84.07 million.

The strong debut reinforces optimism for a boom in the market that last year saw the highest number of IPOs in nearly two decades. This year, Bursa Malaysia is aiming to host 50 IPOs.

Swift Energy gains 41% at close of ACE Market debut in 2025's first listing

Swift Energy Technology Bhd (KL:SET), which made its debut on the ACE Market on Wednesday, is expecting mid-teen earnings growth in the current financial year, leveraging new opportunities in the renewable energy (RE) industry within the oil and gas (O&G) sector.

Newly-listed Swift Energy sees mid-teen earnings growth for FY2025

Investors in the Johor-Singapore Special Economic Zone (JS-SEZ) are eligible for a suite of incentives, including a special corporate tax rate that takes effect on Jan 1, the Finance Ministry said on Wednesday.

Malaysia announces tax incentives for Johor-Singapore Special Economic Zone

Immediate-past attorney general Tan Sri Ahmad Terrirudin Mohd Salleh and his successor, Datuk Mohd Dusuki Mokhtar, are choosing to stay silent over the controversial purported ‘house arrest addendum’ related to imprisoned former prime minister Datuk Seri Najib Razak.

Present and former AGs keeping mum on purported house arrest addendum for Najib

In what is possibly her final speech at the Opening of the Legal Year, Chief Justice Tun Tengku Maimun Tuan Mat said that her time as the top judicial officer of the country has been filled with tests — being criticised, vilified, labelled as un-Islamic or an enemy of Islam, and even having her husband (unfairly so) being used against her in some applications to not only have her recused&nbsp;but, more generally, to embarrass her and the bench.

Chief justice: My conscience is clear

The Penang Water Supply Corporation (PBAPP) said on Wednesday that it will roll out six water supply related projects worth over RM1.8 billion, as part of its efforts to address rising water consumption.

Penang to kick off six water projects worth over RM1.8 bil

Local technology stocks are expected to see a double-digit compounded earnings growth till 2026, amid increased investments in artificial intelligence (AI), said CIMB Securities.

The technology sector's revenue is projected to grow at an average annual rate of 13% from 2025 to 2026, compared with 1% in 2024, driven by a rebound in semiconductor industry demand, supply chain diversification to Asean, and inventory replenishment, the research house said.

Local tech stocks poised for double-digit earnings growth as semiconductor market recovers — CIMB Securities

Swift Energy Technology Bhd (KL:SET) ended its first day of listing with a 41.07% gain; it was the first listing for 2025, after the industrial services firm’s initial public offering (IPO) grossed RM84.07 million.

The strong debut reinforces optimism for a boom in the market that last year saw the highest number of IPOs in nearly two decades. This year, Bursa Malaysia is aiming to host 50 IPOs.

Construction and property firms would be the first beneficiaries of the Johor-Singapore Special Economic Zone (JS-SEZ) that will require everything from utilities to warehouses, and from houses to offices.

Builders, developers first beneficiaries of Johor-Singapore Special Economic Zone, analysts say

US President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of the Panama Canal and Greenland, part of a broader expansionist agenda he has promoted since winning the Nov 5 election.

Trump will not rule out force to take Panama Canal, Greenland

MRT Corp has proposed part of the Sungai Nibong Festival Site here for use to build a depot for the Mutiara Line Light Rail Transit (LRT) project, said Penang Chief Minister Chow Kon Yeow.

MRT Corp proposes LRT depot at Sungai Nibong Festival Site — Chow

The new Monthly Tax Deduction (PCB) service system, e-PCB Plus, will be introduced to replace the existing systems e-PCB, e-Data PCB and eCP39, under one platform through the MyTax portal.

The Inland Revenue Board (IRB), in a statement on Wednesday, said that this is in line with the implementation of the transition plan towards the e-PCB Plus Phase 1 system on Sept 24 last year.

IRB introducing new monthly tax deduction system called e-PCB Plus

Following is the full text of the speech given by the Chief Justice of Malaysia, Tun Tengku Maimun Tuan Mat on the occasion of the Opening of the Legal Year (OLY) 2025 on Wednesday (Jan 8) at the Putrajaya International Convention Centre.

I would like to begin by thanki...

Speech by Chief Justice of Malaysia Tun Tengku Maimun Tuan Mat at the Opening of Legal Year 2025

Competitive pressures within the data centre sector may pose a threat to smaller players with limited resources from gaining a foothold, especially in more saturated key markets such as Johor, said BMI.

Smaller data centre players to face competitive pressures, especially in Johor — BMI

South Korea's impeached President Yoon Suk Yeol faces a new and potentially more robust attempt to arrest him for insurrection after a top investigator vowed to do whatever it takes to break a security blockade and take in the embattled leader.

Chief Justice Tun Tengku Maimun Tuan Mat hopes the present and future governments will uphold the cause of judicial independence to ensure the country's economic growth.

Chief justice hopes Anwar and future govt remain committed to upholding judicial independence

Welded pipe manufacturer Pantech Global Bhd entered into an underwriting agreement with Alliance Islamic Bank in conjunction with its initial public offering (IPO) on the Main Market of Bursa Malaysia.

Pantech Global inks underwriting agreement with Alliance Islamic Bank for Main Market IPO

Outgoing Chief Justice Tun Tengku Maimun Tuan Mat said that she had never coveted the country’s top judicial post, and while it was an intimidating position to hold, upon accepting it six years ago, she was fully committed to serving the position properly and would not “bend or bow” to any person.&nbsp;

Chief justice: I never coveted top judicial post 

Malaysia and Singapore reaffirmed their commitment to revamp the Joint Ministerial Committee for Iskandar Malaysia (JMCIM) to better support the Johor-Singapore Special Economic Zone (JS-SEZ).

Malaysia, Singapore reaffirm plan to revamp joint ministerial committee after special economic zone agreement

Swift Energy Technology Bhd (KL:SET), listed on Wednesday, has already attracted the attention of two analysts projecting sharp earnings growth for the industrial services firm.

Newly-listed Swift Energy attracts analyst coverage projecting sharp earnings growth

Construction firm Lim Seong Hai Capital Bhd (KL:LSH) and soil erosion control company Fibromat (M) Bhd (KL:FBBHD) have received approval to transfer their listings to the ACE Market from the LEAP Market.

Lim Seong Hai, Fibromat get Bursa nod for transfer to ACE Market

Tencent Holdings Ltd repurchased the most shares in nearly two decades after a sell-off sparked by the tech firm’s addition to a US blacklist for alleged links to the Chinese military.