<div class=newsTextDataWrapInner>(Jan 26): Diageo Plc doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, according to a statement Sunday.</div>

<div class=newsTextDataWrapInner>The company was responding to reports that it was considering a sale of Guinness or its 34% stake in Moet Hennessy, LVMH’s drinks division. “We can confirm that we have no intention to sell either,” it said.</div>

<div class=newsTextDataWrapInner>Bloomberg News previously reported that the UK drinks company was reviewing its portfolio in a bid to revive growth, after shares slumped since chief executive officer Debra Crew took over a year and a half ago. Possibilities could include a spinoff or sale of Guinness and either relinquishing its stake in the Moet Hennessy venture or taking greater ownership, according to people familiar with the matter.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Diageo said in the statement it would next update the market with its interim results on Feb 4</div>

<div class=newsTextDataWrapInner>Uploaded by Magessan Varatharaja</div>

Diageo Plc doesn’t plan to sell the Guinness beer brand or its stake in Moet Hennessy, according to a statement Sunday.

Diageo doesn’t intend to sell Guinness, Moet Hennessy stake 

Solarvest Holdings Bhd (KL:SLVEST), which builds solar farms for clients and also owns stakes in solar farms, is acquiring a 30% stake in Kee Ming Electrical Sdn Bhd for RM15.3 million cash.

Solarvest to buy 30% stake in electrical works outfit for RM15 mil cash

Johor-based property developer Crescendo Corp Bhd (KL:CRESNDO) is selling a 22.55-acre piece of land in Pulai, Johor, to Microsoft for RM119.83 million, marking its seventh land disposal deal since end-2023.

Crescendo’s wholly-owned unit Panoramic Industrial Development Sdn Bhd inked a Sale and Purchase Agreement with Microsoft's unit Microsoft Payments (M) Sdn Bhd for the land sale, according to the property developer's bourse filing on Monday.

Crescendo sells 22.55-acre Johor land to Microsoft for RM119.8 mil

Bina Puri Holdings Bhd (KL:BPURI) said the company does not expect “any significant financial and operational impact” from the RM28.17 million lawsuit by Wisma Majujaya Sdn Bhd in relation to a joint venture agreement (JVA) to develop a project in Johor.

No ‘significant financial impact’ expected from Majujaya suit, says Bina Puri

China’s central bank injected a record amount of cash into the financial system via a new tool in January, delaying more high-profile policy easing as it prioritises stabilising the yuan.

China's central bank injects record liquidity using new tool, delays reserve requirement ratio cut

The police will submit the investigation papers regarding the 'ham' joke, which is alleged to have insulted Islam, to the Attorney General's Chambers (AGC) on Tuesday.

Probe papers on 'ham' joke to be submitted to AGC on Tuesday, says IGP

Indonesian President Prabowo Subianto expressed confidence on Monday that Malaysia will be able to resolve long-standing border and labour issues with Indonesia in an orderly and efficient manner.

Prabowo confident Malaysia, Indonesia can resolve border, labour issues effectively

The policies of US President Donald Trump will fail to hold back progress in transitioning away from high-carbon energy sources, according to analysts at Citigroup Inc.

Citi analysts say Trump policies can’t reverse energy transition

Ekovest Bhd (KL:EKOVEST) and Knusford Bhd (KL:KNUSFOR) have agreed to have another six months to discuss a merger deal worth RM450 million.

Ekovest extends unit merger talks with Knusford for six more months

Prolintas Managers Sdn Bhd, the trustee-manager of Prolintas Infra Business Trust (KL:PLINTAS), on Monday clarified that two individuals charged with corruption linked to its sponsor Projek Lintasan Kota Holdings Sdn Bhd (Prolintas) are not related to the operations of the business trust.

Prolintas Infra Business Trust distances itself from graft cases involving sponsor Prolintas' COO, project manager

DXN Holdings Bhd (KL:DXN), which sells health and wellness products, posted a 18.4% increase in net profit for the third quarter on higher revenue from the Latin American and Middle Eastern markets.

DXN's 3Q profit up 18.4% on higher revenue from overseas markets, declares one sen dividend

KUALA LUMPUR (Jan 27): Selling pressure on YTL Corporation Bhd (KL:YTL) and its subsidiary YTL Power International Bhd (KL:YTLPOWR) persists, pulling the two stocks to two-month lows.

Selling persists, YTL Corp and unit YTL Power down over 5%

Chinese artificial intelligence startup DeepSeek rocked global technology stocks Monday, raising questions over the US’ technological dominance.

DeepSeek buzz puts tech stocks on track for US$1 tril wipeout

KUALA LUMPUR (Jan 27): Bursa Malaysia Bhd (KL:BURSA) announced that it has appointed Datuk Fad’l Mohamed as its new chief executive officer, effective March 1, with the retirement of Datuk Muhamad Umar Swift, who has served as CEO since February 2019.

Bursa names RHB wholesale banking MD Fad’l Mohamed as new CEO as Umar Swift retires

Telco firms may need to fork out RM394 million each to buy out U Mobile Sdn Bhd and the Ministry of Finance's equity stakes in Digital Nasional Berhad (DNB) under the rollout of the second 5G network, according to CIMB Securities.

CIMB Securities sees telcos shelling out nearly RM400m each to buy out U Mobile's stake in DNB

SOME of the big construction names have trained their sights on the balance of the works — estimated to be worth about RM9 billion — left to be done in the Penang light rail transit (LRT) project.

Among those that have attended briefings by MRT Corp are MMC Engineering Sdn Bhd, Malaysia...

Big guns eye another RM9 bil in Penang LRT works

The chief operating officer (COO) of Projek Lintasan Kota Holdings Sdn Bhd (Prolintas), Rostam Sharif Tami, has pleaded not guilty to a bribery charge involving RM70,000.

Prolintas COO faces trial over RM70,000 bribery charge

Bursa Malaysia Bhd's (KL:BURSA) net profit for the fourth quarter ended Dec 31, 2024 (4QFY2024) rose 15.7% on improved performance in its securities and derivatives markets.

Bursa Malaysia's profit jumps 16% in 4Q, declares 26 sen dividend

ES Sunlogy Bhd, a provider of mechanical and electrical (M&amp;E) engineering services as well as renewable energy, has launched its prospectus for an initial public offering (IPO) on the ACE Market, as it seeks to raise up to RM63 million to partly fund its expansion plans.

Engineering firm ES Sunlogy launches ACE Market IPO prospectus, aims to raise RM63m

Last month, eFishery, a darling of Indonesia’s start-up scene, was reported to have suspended its CEO Gibran Huzaifah and chief product officer Chrisna Aditya, pending an investigation into alleged financial irregularities in the company.

Frankly Speaking: KWAP’s investment in eFishery in the spotlight

(Jan 26): US&nbsp;search engine startup Perplexity AI has revised the merger proposal which it had submitted to TikTok's Chinese parent ByteDance to create a new entity combining Perplexity and TikTok US, a person familiar with the proposal told Reuters on Sunday.

Perplexity AI proposes to merge with TikTok, with US government getting half — Reuters

KUALA LUMPUR (Jan 27): Sabah-based steel products manufacturer Colform Group Bhd's initial public offering (IPO) has seen strong investor interest, attracting RM462.46 million worth of retail subscriptions, more than 10 times the RM41.19 million it was looking to raise from the issuance of new shares via its IPO. &nbsp;

Colform's ACE Market IPO attracts over RM462 mil retail interest

Distressed property sales in Hong Kong are beginning to bite banks that used to be well protected against loan losses.

Hong Kong’s property distress is catching up with city’s banks

The US and Colombia pulled back from the brink of a trade war on Sunday after the White House said the South American nation had agreed to accept military aircraft carrying deported migrants.

US, Colombia reach deal on deportations; tariffs, sanctions put on hold

UEM Group Bhd acquired 1.5 million shares in Malaysia Airports Holdings Bhd or MAHB (KL:AIRPORT) at RM10.96 per share on Friday, Jan 24.

In a note on Monday, AmInvestment Bank Bhd, on behalf of Gateway Development Alliance Sdn Bhd, Pantai Panorama Sdn Bhd, Kwasa Aktif Sdn Bhd and GIP Aurea Pte Ltd (joint offerors), said the transaction is part of the ongoing takeover process initiated by the joint offerors to acquire all remaining ordinary shares in MAHB that they have not already held.

UEM acquires 1.5 mil MAHB shares at RM10.96 per share

The deadline for AirAsia X Bhd’s (KL:AAX) proposed RM6.8 billion acquisition of Capital A Bhd’s (KL:CAPITALA) short-haul aviation business — AirAsia Bhd and AirAsia Aviation Group Ltd — has been extended by two months.

Deadline for AAX takeover of Capital A’s aviation biz extended by two months to March 24

Last Thursday, YTL Power International Bhd (KL:YTLPOWR) announced a proposal for a bonus issue of warrants on the basis of one warrant for every five existing shares held. The exercise price of the warrants, which have a three-year tenure, has been fixed at RM2.45 — a 44% discount to its five-day volume-weighted average price.

Frankly Speaking: Multi-billion cash call at YTL group

THE Ace Market-bound café operator Oriental Kopi Holdings Bhd (KL:KOPI) has garnered significant attention within the investing community due to its robust financial performance in the first four years of operation.

Since the opening of its outlet in Johor in 2020, the food and beverage...

IPO Watch: Oriental Kopi’s listing — the talk of the town 

China pledged to accept the return of undocumented Chinese citizens in the US, after President Donald Trump threatened to hit Colombia with tariffs of up to 50% for refusing to take back deported migrants.

China promises to take back illegal migrants after Trump threats

KUALA LUMPUR (Jan 27): YNH Property Bhd (KL:YNHPROP) announced on Monday that the independent review of its joint venture (JV) and turnkey contracts, conducted by Messrs UHY, is expected to be completed and issued by Feb 15, 2025.

YNH Property expects independent review of JV and turnkey contracts to be completed by Feb 15

Kenanga Research said Genting Plantations Bhd's (KL:GENP) proposed disposal of its Melaka land is accretive in nature and outweighs the loss of crude palm oil (CPO) income from the estate.