<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 9): Inari Amertron Bhd (KL:<a href="/askedge/klse/0166" class="ce-stock" target="_blank">INARI</a>) has appointed its independent director Datuk Phang Ah Tong as the group's new chairman effective Tuesday.</p></div>

<div class=newsTextDataWrapInner><p>Phang, 69, succeeds Tengku Puteri Seri Kemala Tengku Aishah, who has been redesignated as a non-independent director, according to an exchange filing.</p></div>

<div class=newsTextDataWrapInner><p>Inari said Phang had served as an independent director since February 2018. The semiconductor manufacturer noted that Phang also serves as a board member of the Malaysian Investment Development Authority (Mida) since January 2026.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Tengku Puteri Seri Kemala, 69, is the sister of the Sultan of Pahang, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah. Her tenure in Inari spans almost 16 years since she joined the group in September 2010.</p></div>

<div class=newsTextDataWrapInner><p>Inari on Tuesday also&nbsp;announced that Chong Poh Leng has been designated as an executive director of the group on top of her role as the group chief financial officer.</p></div>

<div class=newsTextDataWrapInner><p>On Monday, Inari said independent and non-executive director Dr Tunku Alina Raja Muhd Alias had tendered her resignation due to time commitment.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Inari Amertron were up by four sen or 1.8% to settle at RM2.27 ahead of the announcements on Tuesday, valuing the group at RM8.65 billion.</p></div>


Inari Amertron Bhd (KL:INARI) has appointed its independent director Datuk Phang Ah Tong as the group's new chairman effective Tuesday.

Inari Amertron appoints Phang Ah Tong as chairman

Home confinement granted under a royal conditional pardon cannot be equated with a statutory house arrest order as it operates under its own set of rules, according to Home Minister Datuk Seri Saifuddin Nasution Ismail.

Home confinement under royal pardon differs from house arrest, has own SOPs — Saifuddin

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

CIMB, Zetrix AI, Top Glove, Samaiden, Mesiniaga, Scientex, Dialog, Elridge Energy, Insights Analytics, SLGC

Chin Hin Group Property Bhd (KL:CHGP) said on Tuesday that its proposed disposal of four loss-making commercial vehicle and bodyworks subsidiaries and the earlier aborted sale of the same businesses were negotiated under different commercial terms and transaction structures.

Chin Hin Group Property says fresh commercial vehicle business deal negotiated under different terms

Gold ticked up on Tuesday, supported by a pause in the US Treasury yield's rally and a weaker dollar, while investors awaited the minutes of the US Federal Reserve's (Fed) September meeting for fresh clues on its monetary policy outlook.

Gold edges up as dollar, Treasury yields slip

The crew of a merchant ship was missing on Tuesday after the vessel sank in the Black Sea off Nato member Bulgaria following a drone strike that Prime Minister Rumen Radev described as a gross violation of international law.

Drone sinks ship off Bulgaria as fears grow about hybrid attacks by Russia

Tens of thousands of demonstrators took to the streets across France on Tuesday, as unions and teachers joined high school students who for days have been demanding better learning conditions in protests punctuated by violent confrontations.

'No future': Thousands mass in France for high school protests

A survey of 1,000 people by the Malaysia Retail Chain Association found that 59% of them were unable to use the one-off RM100 government aid at their preferred shops to buy essentials, while 72% switched stores to do so.

Retailers call for wider access to Sara as 59% of those surveyed unable to use aid at preferred stores

Former Treasury secretary Janet Yellen criticised President Donald Trump’s treatment of US allies, and backed the idea of retaliation for protectionist moves.

Yellen says Trump ‘appalling’ on US allies, backs retaliation

All schools, kindergartens and childcare centres across the Batu Pahat district have been ordered to close from Wednesday, Oct 7, after the air pollutant index (API) reading exceeded 200, reaching the “very unhealthy” level.

Haze: Batu Pahat schools, kindergartens and childcare centres to close as API exceeds 200

Berjaya Corp Bhd (KL:BJCORP) said its main businesses at Berjaya Hills remain fully operational despite enforcement action by the Pahang authorities, and expects no material financial or operational impact from the issue.

Berjaya says core Berjaya Hills businesses unaffected by Pahang enforcement action

<p>Zetrix AI Bhd (KL:ZETRIX) said the exact amount it owes the Road Transport Department (JPJ) is still being finalised between the two parties, a day after Transport Minister Anthony Loke Siew Fook said the company had accumulated RM314 million in unpaid remittances.</p>


Zetrix says still finalising amount owed to JPJ after Loke reveals RM314m arrears

<p>CIMB Group Holdings Bhd (KL:CIMB) is exploring a sale of its business in the Philippines as part of efforts to streamline and focus on bigger markets for growth, according to people with knowledge of the matter.</p>


CIMB considers selling Philippine business — Bloomberg

<p>The Federal Land Development Authority (Felda) and its investment arm, Felda Investment Corporation Sdn Bhd (FIC), claim that 21 individual had conspired to defraud them of over RM1 billion in land and exposed them to RM1.7 billion in potential liabilities through&nbsp;the Kuala Lumpur Vertical City (KLVC) project.</p>


Felda claims over RM1 bil fraud in Semarak land suit as hearing begins after nearly seven years

<p>KUALA LUMPUR (Oct 6): Investors in an agarwood scheme promoted by Asian Plantation Capital (APC) not only failed to receive any returns on their investment but also didn't see purchase money returned to them, the court heard on Tuesday.</p>


Another dispute over agarwood scheme begins trial, investors say no ROI, purchase sum not returned

<p>Top Glove Corp Bhd (KL:TOPGLOV) expects an even better FY2027 after its net profit tripled in the financial year ended Aug 31, 2026 (FY2026).</p>


Top Glove expects an even better FY2027 after strong FY2026

<p>CHINA’s National Food Safety Standard, which includes the Code for the Control of 3-MCPD Esters and Glycidyl Esters in Foods, came into effect on Sept 2, a year after it was issued. According to the Malaysian Palm Oil Council (MPOC), the standard is not expected to have an immediate impact on Mal...

China’s food safety code throws a curveball at palm oil industry

<p>United Overseas Bank (Malaysia) Bhd (UOB Malaysia) chief executive officer Datuk Ng Wei Wei&nbsp;climbed 10 rungs to 85th place in this year's Fortune’s Most Powerful Women Asia ranking. &nbsp;&nbsp;</p>


UOB Malaysia CEO Ng Wei Wei climbs 10 rungs in Fortune’s Most Powerful Women Asia ranking

<p>U Mobile Sdn Bhd has achieved 90% coverage of populated areas (CoPA) nationwide, nine months ahead of schedule, said Communications Minister Datuk Seri Fahmi Fadzil.</p>


Fahmi: U Mobile 5G coverage hits 90%, nine months ahead of schedule

<p>The monsoon transition phase is expected to begin on Friday, Oct 9, and continue until late October, marking the end of the Southwest Monsoon, which began on May 14.</p>


Monsoon transition phase starting Friday expected to bring heavy rain, gradually diminish haze

<p>Sunway Malls has leased 80% of Sunway Ipoh Mall and confirmed 25 brands for the mall, including seven anchor tenants and nine brands making their Perak debut.</p>


Sunway Ipoh Mall 80% leased, 25 tenants confirmed ahead of 4Q2027 opening

<p>Greenpeace has identified more than 20 palm, pulp and sugar companies, including several with links to Malaysia and Singapore, whose land concessions contained sources of smoke from fires that have ravaged Indonesia in recent months.</p>


Greenpeace links 20 agricultural firms to Indonesian fires

<p>The Dewan Rakyat on Tuesday approved amendments to legislation that would empower the youth and sports minister to revoke the registration of sports bodies deemed harmful to national security, public order or morality.</p>


Dewan Rakyat approves bill giving minister authority to revoke sports bodies amid concerns about 'absolute power'

<p>Berjaya Corp Bhd (KL:BJCORP) said its main businesses at Berjaya Hills remain fully operational despite enforcement action by the Pahang authorities, and expects no material financial or operational impact from the issue.</p>


<p>US bond yields fell from their highest levels since 2002 as oil prices retreated below US$100 a barrel and Treasury Secretary Scott Bessent insisted the government’s debt load can be tamed.</p>


US yields fall from 2002 high as oil dips, Bessent vows on debt

<p>Renewable energy solutions provider Samaiden Group Bhd (KL:SAMAIDEN) said its contracts to undertake works for a 99.99-megawatt (MW) Large Scale Solar 5+ (LSS5+) project are worth RM238 million.</p>


Samaiden reveals RM238 mil contract value for LSS5+ solar project

<p>Former Treasury secretary Janet Yellen criticised President Donald Trump’s treatment of US allies, and backed the idea of retaliation for protectionist moves.</p>


<p>KUALA LUMPUR (Oct 6): Khazanah Nasional Bhd’s Dana Impak had mobilised RM2.6 billion in investments as at Dec 31, 2025, supporting around 130 Malaysian and Malaysian-linked companies and more than 4,200 talents.</p>


Khazanah’s Dana Impak mobilises RM2.6 bil in investments to boost local firms

<p>Bank Negara Malaysia (BNM) and the financial industry are developing industry-wide fraud alert capabilities that could warn banks and customers of potential risks before transactions are completed, said BNM governor Datuk Seri Abdul Rasheed Ghaffour.</p>


Malaysia’s financial sector prevents RM1.9 bil in attempted fraud transactions in 1H2026

<p>Top Glove Corporation Bhd (KL:TOPGLOV) said labour shortage remains a primary constraint in scaling up production as it seeks to capture rising global demand following its best year since 2021.</p>


Top Glove eyes higher output but says manpower remains key hurdle

<p>Jio Platforms Ltd is likely to seek a valuation of about 11 trillion rupees (RM466.27 billion) in its planned initial public offering, according to people familiar with the matter, falling short of earlier expectations for what may still be the country’s largest-ever listing.</p>
