<div class=newsTextDataWrapInner><p>KLUANG (Jan 4): The Johor-Singapore Special Economic Zone (JS-SEZ) agreement is expected to be signed on Monday, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.</p></div>

<div class=newsTextDataWrapInner><p>He said&nbsp;the signing of the agreement is expected to significantly impact Johor's economy, particularly in sectors such as the halal industry and tourism, while also transforming the national economic landscape.</p></div>

<div class=newsTextDataWrapInner><p>The Johor menteri besar&nbsp;said it would create promising economic opportunities and facilitate daily commuting for residents of Johor and Singapore.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“It is not just the people of Johor Bahru who will benefit, it is Johor and even Malaysia as a whole that will receive various benefits…economic, tourism and so on, but the important question is whether we, the people of Johor, are ready for the opportunity that will change the country’s economy.</p></div>

<div class=newsTextDataWrapInner><p>“This is because if we are not ready, others will take advantage,” he said when speaking at an&nbsp;Entrepreneurs’ Meeting in front of the Simpang Renggam District Council site here on Saturday.</p></div>

<div class=newsTextDataWrapInner><p>Previously, Prime Minister Datuk Seri Anwar Ibrahim announced that the agreement on the JS-SEZ that was supposed to be signed with the Singapore government on Dec 9 had been postponed after Singapore Prime Minister Lawrence Wong was infected with Covid-19.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Tham Yek Lee</em></p></div>


The Johor-Singapore Special Economic Zone (JS-SEZ) agreement is expected to be signed on Monday, said Johor Menteri Besar Datuk Onn Hafiz Ghazi.

Johor-Singapore Special Economic Zone agreement to be signed on Monday, says MB

Aizo Group Bhd (KL:AIZO), formerly known as Minetech Resources Bhd, has been selected to develop a 99.99MW large-scale solar photovoltaic plant in Kampar, Perak.

Aizo selected by EC to develop 99.99MW solar plant in Perak

XOX Networks Bhd (KL:XOXNET), an event management and distribution company, has proposed a share capital reduction to wipe out up to RM55 million of its accumulated losses.

XOX Networks proposes share capital reduction to eliminate losses

US President Joe Biden is indefinitely blocking offshore oil and gas development in more than 625 million acres (252.93 million hectares) of US coastal waters, warning that drilling there is simply “not worth the risks” and “unnecessary” to meet the nation’s energy needs.

Biden bars offshore oil drilling in US Atlantic and Pacific

Oil and gas services firm Keyfield International Bhd (KL:KEYFIELD) is acquiring a five-year-old platform supply vessel for US$17.6 million (RM79.2 million).

Keyfield acquires platform supply vessel for US$17.6 mil

Singapore Prime Minister Lawrence Wong arrived in Malaysia on Monday to begin his two-day official visit in conjunction with the 11th Malaysia-Singapore Leaders’ Retreat on Tuesday.

He arrived with his delegation at the Kuala Lumpur International Airport (KLIA) Terminal 1 at 6.15pm on a commercial flight and then was given a guard of honour by the First Battalion Royal Ranger Regiment under the command of Captain Iskandar Dzulkarnein Doa Hassan at the Bunga Raya Complex here.

Singapore PM arrives in Malaysia for two-day official visit

The Centre for Market Education (CME), a think tank, is arguing that Malaysia’s housing market may be mispriced, as homes deemed “affordable” based on conventional metrics might actually be deemed “expensive” when assessed from a social affordability perspective.

Think tank proposes new way to measure housing affordability, saying current method overlooks critical elements

Citaglobal Bhd (KL:CITAGLB) has acquired a 55% equity stake in Germany’s LAWI Engineering GmbH (LAWI Germany), as part of a partnership to provide advanced waste-to-energy (WTE) technology and engineering solutions for waste management projects.

Citaglobal acquires 55% stake in waste-to-energy partner LAWI Germany for undisclosed value

The Malaysian Communications and Multimedia Commission (MCMC) has entered into a strategic partnership with the Melaka government through the Kampung Digital Melaka (KDM) Initiative agreement.

In a statement on Monday, MCMC said that the initiative was a strategic move aimed at ensuring all premises in Melaka were equipped with a complete and systematic address.

MCMC partners with Melaka government on Kampung Digital Initiative

The eurozone jobs market will start conforming to historic norms as the effects of a startling post-pandemic boom dissipate, according to the European Central Bank (ECB).

ECB sees labour market normalising after puzzling post-Covid boom

The High Court on Monday dismissed a judicial review application filed by the director and producer of the film 'Mentega Terbang' against the ban on its screening and publicity.

Judge Datuk Amarjeet Singh delivered the ruling during proceedings attended by Federal Counsel Mohammad Sallehuddin Md Ali, representing the Home Ministry and the government as respondents, and lawyer N Surendran, appearing for the film’s director Mohd Khairi Anwar Jailani and its producer Tan Meng Kheng.

Court rejects judicial review bid against 'Mentega Terbang' ban

<p>A three-member Court of Appeal bench on Monday ruled to allow former prime minister Datuk Seri Najib Razak’s appeal, to have the merits of his challenge over the existence of an addendum, purportedly issued by the 16th Yang di-Pertuan Agong for him to serve the remainder of his jail sentence under house arrest, to be heard at the High Court.</p>


Najib's addendum appeal allowed via majority decision, case reverted to High Court

<p>Cafe chain operator Oriental Kopi Holdings Bhd set its initial public offering (IPO) price at 44 sen apiece in a share sale that would raise RM183.96 million ahead of its listing on the ACE Market.</p>


ACE Market-bound Oriental Kopi to raise RM184 mil, sets IPO price at 44 sen

<p>Pahang exco member Datuk Nizar Najib has produced a letter from the Royal Pahang Household, purportedly verifying the existence of the Jan 29, 2024, addendum that allows former prime minister Datuk Seri Najib Razak to serve the remainder of his prison sentence under house arrest.</p>


Nizar Najib produces letter purportedly from Pahang comptroller, allegedly verifying addendum

<p>A crowd rallied outside the Palace of Justice on Monday to support former prime minister Datuk Seri Najib Razak in his renewed bid to serve out his prison term under house arrest.</p>


Supporters turn up to Najib solidarity rally

<p>KUALA LUMPUR (Jan 6): Shares of glove manufacturers rallied on Monday in active trade amid reports of new virus infections in China, though authorities have downplayed the infections as&nbsp;seasonal winter peak.</p>


Glove stocks rally amid reports of new virus infections in China, MIDF shrugs off potential demand spike

<p>KUALA LUMPUR (Jan 6): Shares of NationGate Holdings Bhd (KL:NATGATE) hit a fresh high on Monday, after gaining 23 sen or 9.1% at RM2.75, becoming the fifth biggest gainer on Bursa Malaysia.</p>


NationGate hits new record high on first mover advantage, deliveries of AI GPU servers

<p>KUALA LUMPUR (Jan 6): Binastra Corporation Bhd (KL:BNASTRA) may be the preferred contractor for property projects worth RM10 billion in gross development value over the next three years, Mercury Securities said.</p>


Binastra may be preferred contractor for property projects worth RM10b, Mercury starts coverage on 'buy'

<p>Oriental Kopi Holdings Bhd, a cafe chain operator en route to the ACE Market, said it would cap menu price increases at 5%-10% to manage the impact from rising costs.</p>


Oriental Kopi to raise menu prices amid rising raw material costs

<p>Senior federal counsel Shamsul Bolhassan, representing the government and other respondents in Datuk Seri Najib Razak’s appeal over a purported addendum, told the Court of Appeal on Monday that the addendum was never discussed or brought up during the Federal Territory Pardons Board’s 61st meeting on Jan 29 last year.</p>


AGC claims no due diligence on Najib’s part to produce additional evidence on purported addendum, maintains February release as main order

<p>PUTRAJAYA (Jan 6): Former 1Malaysia Development Bhd (1MDB) chairman Tan Sri Dr Mohd Irwan Serigar Abdullah, who is former treasury secretary general, will bring in two former 1MDB board members as third parties in a US$6.59 billion suit filed by the strategic development company against him and former 1MDB president Arul Kanda Kandasamy. This follows the Federal Court’s ruling to dismiss their application for leave to reverse an earlier Court of Appeal’s (COA) decision that had allowed Irwan to bring in the two former board members as third parties.</p>


Two ex-directors to be included as third parties in US$6.59b 1MDB suit after apex court denies them leave to appeal

<p>Demand for Malaysia’s palm oil could rise if Indonesia goes through with its plan to raise export levy to support the higher biodiesel mandate, TA Securities said on Monday.</p>

<p>Raising the export levy to 10% would add US$26.49 per tonne, making Indonesian crude palm oil (CPO) even more expensive than Malaysia’s product, the research house said. The price of Indonesia’s palm oil is already at a premium of US$146.30 per tonne above that of Malaysia, it noted.</p>


Demand for Malaysian palm oil could rise if Indonesia raises exports levy — TA Securities

<p>Umno president Datuk Seri Dr Ahmad&nbsp;Zahid&nbsp;Hamidi has appealed to the Yang di-Pertuan Agong to grant a full pardon to the jailed former prime minister Datuk Seri Najib Razak.</p>


Zahid pleads with King for full pardon of Najib following court's decision allowing addendum appeal

<p>PIE Industrial Bhd (KL:PIE) is seen as a major beneficiary of global supply chain shifts and technological trends, according to Maybank Investment Bank.</p>

<p>The house noted that as an EMS provider, PIE is poised to benefit from new sources of earnings growth.</p>


Maybank initiates a 'buy' on PIE on trade diversion, data centre boom

<p>CBH Engineering Holdings Bhd (KL:CBHB) saw its initial public offering (IPO) of 94.05 million shares — available to the public at 28 sen apiece — oversubscribed by 34.21 times.</p>


CBH Engineering’s IPO shares for public oversubscribed by 34 times

<p>KUALA LUMPUR (Jan 6): U Mobile has signed an agreement with the Federal Land Development Authority (Felda), in which&nbsp;the telco will play a critical role in supporting the group in its digital transformation drive.&nbsp;</p>


U Mobile, Felda ink agreement to support digital transformation

<p>Justin Trudeau is expected to announce his resignation as leader of Canada’s Liberal Party this week, the<em> Globe and Mail </em>reported, a move that would trigger a race to replace him as prime minister.</p>


Canada’s Trudeau is likely to resign this week — report

<p>theedgemalaysia.com highlighted 14 stocks with momentum at Bursa Malaysia’s afternoon close on Monday. 13 stocks showed negative momentum, while only one stock showed positive momentum.</p>


Stocks with momentum on Jan 6, 2025: Kumpulan Fima, Eurospan, Velocity Capital, Inta Bina, Radiant Globaltech, Ramssol, Evergreen Max Cash, Minox, Carlsberg, Lien Hoe, Southern Steel, Aeon Co, Xin Synergy and Wong Engineering

<p>Local institutions supported Bursa Malaysia for the 11th consecutive week, with net purchases of RM304.0 million in domestic equities, according to MIDF Amanah Investment Bank Bhd. &nbsp;</p>


MIDF: Local institutions back Bursa Malaysia for 11th straight week

<p>（吉隆坡6日讯）华阳（Oriental Kopi Holdings Bhd）将在创业板上市，首次公开募股（IPO）发售价定为每股44仙，预计可筹集1亿8396万令吉。</p>


华阳创业板上市 IPO发售价44仙筹1.84亿

<p>Despite being 1Malaysia Development Bhd's (1MDB)&nbsp;then chairman of the board of advisors (BOA), its sole shareholder&nbsp;and the then prime minister, Datuk Seri Najib Razak said that he never hired or fired anyone at the company.</p>
