<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 2): UEM Edgenta Bhd (KL:<a href="/askedge/klse/1368" class="ce-stock" target="_blank">EDGENTA</a>) has announced the resignation of its managing director and chief executive officer, Syahrunizam Samsudin, with effect from Aug 31.</p></div>

<div class=newsTextDataWrapInner><p>Syahrunizam, 51, is stepping down from the role to pursue other opportunities, said the asset management and infrastructure solutions company in a bourse filing on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>UEM Edgenta said that it has commenced the process of identifying a suitable successor.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Syahrunizam was appointed to the role in May 2020, succeeding Datuk Azmir Merican Azmi Merican.</p></div>

<div class=newsTextDataWrapInner><p>UEM Edgenta reported a net loss of RM17.95 million for the three months ended March 31, 2025, a reversal from a net profit of RM9.77 million a year earlier, due to lower revenue and weaker margins.</p></div>

<div class=newsTextDataWrapInner><p>Revenue for the quarter slipped 4.65% to RM646.06 million from RM677.58 million, as contributions from the company's infrastructure solutions and healthcare support segments declined.</p></div>

<div class=newsTextDataWrapInner><p>Sovereign wealth fund Khazanah Nasional’s UEM Group Bhd owns a 69.14% stake in UEM Edgenta.</p></div>

<div class=newsTextDataWrapInner><p>Shares in UEM Edgenta closed unchanged at 71 sen on Wednesday, valuing the group at RM590.5 million. Year to date, the counter has fallen over 12%.</p></div>


UEM Edgenta Bhd (KL:EDGENTA) has announced the resignation of its managing director and chief executive officer, Syahrunizam Samsudin, with effect from Aug 31.

UEM Edgenta CEO Syahrunizam Samsudin resigns

YOUR DAY AHEAD: Oct 14, 2026

The government has effectively firmed up the national grid system access charge (SAC) for third parties at 18 sen per kilowatt-hour (kWh), sources told The Edge, in an about-turn less than a month after announcing a cut in the rate to 14 sen/kWh.

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Here's a heads up on what to look out for today.

YOUR DAY AHEAD: Oct 14, 2026 

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<p>AmanahRaya Investment Management Sdn Bhd announced that it has temporarily suspended dealings in three funds under its management with immediate effect, citing liquidity constraints.</p>


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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday.</p>


Sime Darby, Kelington Group, Critical Holdings, Censof Holdings, Liamson Fleet, Pantech Global, Mentiga Corp, Binasat Communications & CTOS Digital 

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Land 33 buying one-acre George Town land for RM32 mil for future development

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<p>The government is still seeking to recover funds from National Feedlot Corporation Sdn Bhd (NFC), three years after the High Court ordered the company to make payment over an outstanding loan.</p>


Finance Ministry: Govt still pursuing RM33.74m from National Feedlot Corporation three years after court ruling  

<p>The government has effectively firmed up the national grid system access charge (SAC) for third parties at 18 sen per kilowatt-hour (kWh), sources told <em>The Edge</em>, in an about-turn less than a month after announcing a cut in the rate to 14 sen/kWh.</p>


<p>Wall Street's main indices were muted in choppy trading on Tuesday as chip stocks came under selling pressure again while investors parsed a mixed bag of quarterly results, including those from big US banks.</p>


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<p>Apple Inc introduced a new device called the HomeView, a US$299 (RM1,221) display that serves as the centrepiece of its push to challenge Amazon.com Inc and Alphabet Inc’s Google in the smart home market.</p>


<p>Malaysia aims to attract about 250,000 international students by 2030, focusing on a diversity of source countries to strengthen its position as a preferred higher education destination.</p>


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<p>Oil rose as a flare-up in attacks in the Middle East increased uncertainty over a recovery in energy flows from the Persian Gulf.&nbsp;West Texas Intermediate advanced toward US$95 a barrel, after edging higher in the previous session, while Brent declined to close below US$106.</p>


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<p>The government has completed RM17.15 billion in excess tax refunds involving 3.23 million taxpayer cases in the first nine months of 2026, according to the Ministry of Finance (MOF).</p>


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<p>Federal Reserve Governor Lisa Cook says she will be unable to attend a Nov. 5 hearing at the White House that’s part of a new investigation into mortgage fraud allegations by President Donald Trump.</p>
