<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 9): Berjaya Corp Bhd (KL:<a href="/askedge/klse/3395" class="ce-stock" target="_blank">BJCORP</a>) founder Tan Sri Vincent Tan Chee Yioun sold a 5.25% stake in the lottery-to-automotive conglomerate for RM79.56 million.</p></div>

<div class=newsTextDataWrapInner><p>Tan’s private vehicle, Berjaya True Ascend Sdn Bhd, disposed of 306 million shares through a direct business transaction on March 6, according to a bourse filing on Monday. The block was disposed at 26 sen apiece.</p></div>

<div class=newsTextDataWrapInner><p>The buyer of the block was not disclosed.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Following the disposal, Tan’s total holdings in Berjaya dropped to 1.23 billion shares, or about 21%. He directly holds 8.559%, and another 12.533% via various vehicles.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Berjaya Corp ended unchanged at 27 sen, valuing the group at RM1.61 billion.</p></div>


Berjaya Corp Bhd (KL:BJCORP) founder Tan Sri Vincent Tan Chee Yioun sold a 5.25% stake in the lottery-to-automotive conglomerate for RM79.56 million.

Tycoon Vincent Tan sells Berjaya Corp's shares worth RM80 mil

President Donald Trump said he won’t ban US diesel exports, after Group of Seven nations and their partners agreed to release some of their emergency fuel stockpiles in a bid to bring down soaring prices.

Trump says US to hold off on diesel export ban after G7 release

A software glitch affecting Boeing Co 737 Max aircraft was determined not to pose a safety concern by a Federal Aviation Administration (FAA) panel, a positive outcome for the US planemaker seeking regulatory approval for the largest variant of the popular narrowbody family.

Boeing 737 Max glitch poses no safety concern, US regulator says

Major stock indices rose and the dollar fell on Friday as expectations for a Federal Reserve (Fed) interest rate increase later this month fell after softer-than-forecast US jobs data.

Stocks rise after weak US jobs data but bonds resume selling

US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve (Fed) at its policy meeting this month.

US stocks close higher as softer jobs data quiets rate-hike expectations

Sime Darby Property Bhd (KL:SIMEPROP) is no longer a traditional property developer. Five years after embarking on the group’s SHIFT25 strategy, Sime Darby Property has emerged with a broader business than the one that entered the transformation programme in 2021.

Double cover: Insights into margins calls on Zetrix AI's TS Wong + Sime Darby Property reworks the developer model

A total of 8,000 businesses in Kuala Lumpur renewed their business licences within two months after a new multi-year renewal initiative was introduced in July.

A total of 8,000 businesses renew DBKL licences in two months — Hannah

Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.

The operation, expected to be launched in the coming weeks, will by led by Yemeni forces on the ground, which are overseen by Riyadh, and supported by Saudi air strikes, according to six people with knowledge of the preparations.

Saudis plan assault on Houthis to break Red Sea chokehold

Kuala Lumpur Kepong Bhd (KLK) said its wholly‑owned Indonesian unit, PT Perindustrian Sawit Synergi (PT PSS), has received the arbitral award in a dispute involving the termination of a gas supply agreement.

KLK says arbitral award received in gas supply dispute in Indonesia, won't have material impact on earnings

Malaysia is exploring cooperation with Embraer Defense & Security of Brazil to join the company's regional and global supply chain.

Defence Minister Datuk Seri Mohamed Khaled Nordin said the matter was discussed during a courtesy call by the company’s chief commercial officer, Frederico Lemos, at Wisma Pertahanan on Friday.

Malaysia explores opportunities to join Embraer aerospace supply chain

Construction of the Malaysian Maritime Enforcement Agency’s (MMEA) Multi-Purpose Mission Ship 1 (MPMS 1) is progressing smoothly and ahead of schedule, with the vessel expected to begin its voyage home in late January next year.

Multi-Purpose Mission Ship 1 construction ahead of schedule, voyage home in January

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


Gas Malaysia, PETRONAS Chemicals, TXCD, Berjaya Corp, Zetrix AI, Country Heights, Lim Seong Hai, Mah Sing, Kinergy Advancement 

<p>A total of 8,000 businesses in Kuala Lumpur renewed their business licences within two months after a new multi-year renewal initiative was introduced in July.</p>


<p>SEPANG (Oct 2): The Sepang International Circuit (SIC) has become a showcase of Bahrain's prowess at staging world-class sporting events, as evident in the preparations for the hosting of the Formula 1 Gulf Air Bahrain Grand Prix in Malaysia which took less than 10 weeks to be completed.</p>

<...

Sepang a showcase of Bahrain's prowess at staging world-class events

<p>Sime Darby Property Bhd (KL:SIMEPROP) is no longer a traditional property developer. Five years after embarking on the group’s SHIFT25 strategy, Sime Darby Property has emerged with a broader business than the one that entered the transformation programme in 2021.</p>


<p>Malaysia is exploring cooperation with Embraer Defense &amp; Security of Brazil to join the company's regional and global supply chain.</p>

<p>Defence Minister Datuk Seri Mohamed Khaled Nordin said the matter was discussed during a courtesy call by the company’s chief commercial officer, Frederico Lemos, at Wisma Pertahanan on Friday.</p>


<p>Kuala Lumpur Kepong Bhd (KLK) said its wholly<span style="font-family:&quot;Cambria Math&quot;,serif">‑</span>owned Indonesian unit, PT Perindustrian Sawit Synergi (PT PSS), has received the arbitral award in a dispute involving the termination of a gas supply agreement.</p>


<p>US stocks advanced on Friday to close out the trading week after weaker-than-expected jobs data dampened expectations for a rate hike from the Federal Reserve (Fed) at its policy meeting this month.</p>


<p>KUALA LUMPUR (Oct 2): PMCK Bhd (KL:PMCK) has proposed to diversify into the import and supply of medical consumable products by acquiring Derberg Sdn Bhd and Marpoliq Sdn Bhd for RM52.77 million in cash.</p>

<p>In a Bursa filing on Friday, the healthcare services provider said it had entered i...

PMCK to diversify into import and supply of medical consumables with RM53m acquisitions 

<p>Builder Inta Bina Bhd (KL:INTA) has launched its second property development project — a 499-unit serviced apartment project — in Bukit Jelutong, Shah Alam, with a projected gross development value of RM290.96 million.</p>


Inta Bina undertakes RM291m serviced apartment project in Bukit Jelutong

<p>Paramount Skydance CEO David Ellison on Friday said upon closing the company's merger with Warner Bros Discovery, the combined entity will be called Skydance.</p>


David Ellison says combined Paramount and Warner Bros Discovery will be named Skydance

<p>The prime minister’s pre-Budget 2027 remarks have put practical support for smallholders and agro-commodity businesses in the spotlight. The government is considering RM425.65 million for agro-commodity initiatives, including RM280.03 million for oil palm smallholder replanting, RM100 million for farm roads, RM28.57 million for disaster and disease control, and RM17.05 million for downstream agro-commodity entrepreneurs. These are proposals under consideration, not confirmed Budget allocations.</p>


Opinion: Budgeting beyond the harvest

<p>Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.</p>

<p>The operation, expected to be launched in the coming weeks, will by led by Yemeni forces on the ground, which are overseen by Riyadh, and supported by Saudi air strikes, according to six people with knowledge of the preparations.</p>


<p>Construction of the Malaysian Maritime Enforcement Agency’s (MMEA) Multi-Purpose Mission Ship 1 (MPMS 1) is progressing smoothly and ahead of schedule, with the vessel expected to begin its voyage home in late January next year.</p>


<p>Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has expressed his appreciation to outgoing Chinese Ambassador to Malaysia Ouyang Yujing for his commitment to strengthening bilateral ties during his tenure.</p>

<p>Ahmad Zahid, who is also Rural and Regional Development Minister, said Ouyang's commitment included continuous efforts to enhance cooperation between the governments, business sectors and people of both countries.</p>


Ahmad Zahid thanks outgoing Chinese envoy Ouyang Yujing for strengthening bilateral ties

<p>New orders for US factory goods barely rose in August as strong demand for electrical equipment, appliances and components was offset by weakness in commercial aircraft orders.</p>


US factory orders increase slightly in August

<p>A software glitch affecting Boeing Co 737 Max aircraft was determined not to pose a safety concern by a Federal Aviation Administration (FAA) panel, a positive outcome for the US planemaker seeking regulatory approval for the largest variant of the popular narrowbody family.</p>
