<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 26): The Malaysian Palm Oil Association (MPOA) has appointed Mohd Haris Mohd Arshad as chairman of the MPOA, at its annual general meeting on Friday.</p></div>

<div class=newsTextDataWrapInner><p>Haris will serve MPOA for the term 2026-2028, succeeding Dato’ Lee Yeow Chor, who was chairman for six years previously.</p></div>

<div class=newsTextDataWrapInner><p>In a press release, MPOA says Haris will be “working closely with the executive leadership team to represent and advance the interests of the oil palm industry for a sustainable, competitive and prosperous future.”&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>He will also be overseeing the council’s strategic direction as chairman.</p></div>

<div class=newsTextDataWrapInner><p>“With over 30 years of global experience in the downstream sector, particularly commodity trading, procurement, and strategic transformation, En Haris is known for driving operational excellence with visionary leadership,” the MPOA said.</p></div>

<div class=newsTextDataWrapInner><p>Currently, the president and group chief executive officer of SD Guthrie Berhad, Haris is also chairman of the Malaysian Sustainable Palm Oil and the Palm Oil Refiners Association of Malaysia.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>He is additionally on the board of trustees of the Malaysian Palm Oil Council.</p></div>


The Malaysian Palm Oil Association (MPOA) has appointed Mohd Haris Mohd Arshad as chairman of the MPOA, at its annual general meeting on Friday.

Mohd Haris appointed as chairman of Malaysian Palm Oil Association

KUALA LUMPUR (Oct 1): GB Bond Holdings Bhd (KL:GBBOND) was barely higher in its ACE Market debut on Thursday before the industrial adhesive maker slipped below the listing price.

GB Bond closes below IPO price on debut, second ACE counter to do so in a week

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

MN Holdings, IOI Properties, Yinson, Tien Wah Press, KKB, Hengyuan, Hextar Capital, Globaltec 

IOI Properties Group Bhd (KL:IOIPG) has agreed to acquire Shenton 101 Pte Ltd, which owns Singapore's Shenton House, from its group chief executive officer and major shareholder Datuk Lee Yeow Seng for a nominal S$1.00.

IOI Properties now agrees to buy Shenton House from group CEO for S$1 and settle S$217m advance

Global bond markets are still functioning in an orderly fashion, the International Monetary Fund said on Thursday, following the recent sharp rise in yields that has driven world borrowing costs to their highest levels in decades.

Bond markets functioning in orderly manner, IMF says

IOI Properties Group Bhd (KL:IOIPG) chief executive officer and major shareholder Datuk Lee Yeow Seng has accumulated RM87.99 million the property developer's shares via the open market.

IOI Properties CEO accumulated RM88m in company's shares since late August

Asia's gasoline margin rose to a record high on Thursday as various outages at regional refineries and reports that Chinese refiners have halted fuel exports for October tightened the supply outlook, traders said.

Asia's gasoline margin skyrockets on outages, China export halt, traders say

Wall Street's main indices slipped on Thursday as a deepening bond selloff drove Treasury yields to multi-decade highs, outweighing gains in software stocks.

Wall Street dips as surging Treasury yields outweigh software gains

The cabinet has ordered a study to draft a Charities Bill for the regulation of public fundraising.

Government mulls law to regulate charities

Bank of England interest rate-setter Catherine Mann said the central bank made errors in how it framed its policy response to the shock from the Middle East war, and that has pushed up borrowing costs in the UK in ways that should be of no comfort to officials.

Bank of England official says central bank mishandled its first response to Iran shock

ARTIFICIAL Intelligence (AI) recommends. The board approves. Liability stays human.

Opinion: Directors’ fiduciary duty of care redefined in the age of AI

<p>Global aviation advisory firm Alton Aviation Consultancy has launched a campaign to help low-cost carrier AirAsia Group Bhd (KL:AAGB) raise as much as US$1 billion (RM4.1 billion), according to people familiar with the matter.</p>


MOF backs AirAsia fundraising drive led by Alton, sources say

<p>Malaysian Border Control and Protection Agency (AKPS) director general Datuk Seri Mohd Shuhaily Mohd Zain has left it to the government to decide on any further action against him over a viral video showing him reprimanding an individual at the Kuala Lumpur International Airport (KLIA) Terminal 1.</p>


Viral KLIA reprimand video: Border control director general leaves it to govt to decide action against him

<p>Malayan Banking Bhd (KL:MAYBANK) fell below RM10 for the first time in nearly nine months and banking stocks mostly declined on Thursday amid rising bond yields.</p>


Maybank falls below RM10 for first time in nine months as rising bond yields hurt banking stocks

<p>IOI Properties Group Bhd (KL:IOIPG) has agreed to acquire Shenton 101 Pte Ltd, which owns Singapore's Shenton House, from its group chief executive officer and major shareholder Datuk Lee Yeow Seng for a nominal S$1.00.</p>


<p>Two corporate figures, who are brothers, are being remanded for five days over an alleged abuse of position involving an investment of about RM10 million.</p>


MACC remands corporate brothers in RM10m investment probe, seizes 15 luxury cars among others

<p>A Federal Court judge has decided that only a full bench can decide on a preliminary issue raised by the Sarawak government in the dispute with PETRONAS over who has control over the oil in the state.</p>


PETRONAS to submit first in Sarawak oil rights dispute, but only full FC bench can decide on preliminary issues hearing

<p>The Trump administration has told Germany and France to draw down emergency diesel inventories to help to ease global fuel prices or face a potential US diesel export ban, said three people close to the discussions.</p>


US tells France and Germany to release diesel stocks or face export ban — Reuters

<p>Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon on Thursday sold more of his shares in the company, bringing his combined direct and indirect stakes to 10.602%, down from last week's 10.97%.</p>


 TS Wong pares down Zetrix AI stake to 10.6%

<p>Digital Nasional Bhd (DNB) has completed a RM5.2 billion syndicated Islamic term financing exercise, which it said will strengthen its financial position and support its next phase of growth.</p>


DNB completes RM5.2 bil syndicated Islamic financing ahead of ownership transition

<p>The High Court has allowed former health minister Khairy Jamaluddin's application to compel local domain registry MYNIC Bhd to disclose the registered owner of the focusmalaysia.my domain.</p>


MYNIC must reveal Focus Malaysia domain owner to KJ, court orders

<p>Hengyuan Refining Company Bhd (KL:HENGYUAN) has brought back former chief executive officer (CEO) Erkki Tapio Ranta to lead the company, with immediate effect.<br />
&nbsp;</p>


Former CEO Erkki Tapio Ranta returns to helm Hengyuan  

<p>Malaysian palm oil prices are likely to remain between RM4,500 and RM5,000 a tonne through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, a top analyst said on Thursday.</p>


Palm oil prices capped by Malaysian stocks despite El Niño outlook, top analyst says

<p>The Court of Appeal on Thursday dismissed the appeal by former Universiti Malaya Association of New Youth (UMANY) president Wong Yan Ke against his conviction and RM10,000 fine for insulting the university's former vice-chancellor.<br />
&nbsp;</p>


Court of Appeal dismisses Wong Yan Ke's appeal in VC insult case

<p>Yinson Holdings Bhd (KL:YINSON) said discussions over its potential privatisation remain ongoing, with no firm decision on whether a deal will proceed, according to group chief executive officer Lim Chern Yuan.</p>


Yinson privatisation talks: Still no firm decision, says CEO

<p>The public portion of EcoSys (Malaysia) Bhd's initial public offering (IPO) has been oversubscribed by 206.70 times ahead of its Oct 14 debut on the ACE Market of Bursa Malaysia.</p>


EcoSys IPO oversubscribed by 206.7 times ahead of Oct 14 ACE Market debut

<p>Tien Wah Press Holdings Bhd (KL:TIENWAH) said its unit plans to buy a factory in Malang, Indonesia, which it currently leases, for 150 billion rupiah (RM34.07 million) from British American Tobacco (BAT) Group’s PT Bentoel Prima.</p>


Tien Wah Press unit to buy Indonesian factory from BAT for RM34m, secures three supply deals

<p>The Philippines' coast guard said on Thursday that it has deployed its largest vessel and an aircraft to challenge a Chinese research ship operating off northern Batanes province near Taiwan, adding that a Chinese coast guard vessel had also moved in.</p>


Philippines sends largest ship, aircraft to drive away Chinese vessel in waters near Taiwan

<p>Malaysia's pension system needs to evolve as people live longer and patterns of work change, with reforms needed to strengthen coverage, adequacy, equity and the sustainability of retirement income over a longer lifespan.</p>


EPF urges pension system reforms, pivot to lifelong retirement income

<p>AIRASIA’S recent financial struggles have been covered on an almost daily basis, but a deeper look suggests that, unlike the narrative being offered today, it is not simply about liquidity. The group can still generate substantial revenues and Ebitda; where it has struggled is turning that operational scale into a sufficiently resilient cash flow.&nbsp;</p>


Opinion: What Islamic finance can do for AirAsia’s restructuring

<p>Haze from Indonesian wildfires has blanketed neighbouring Malaysia and Singapore for more than a month, closing schools and sending respiratory complaints skyrocketing.</p>
