<div class=newsTextDataWrapInner><p>SINGAPORE (Aug 5): Singapore authorities arrested a Malaysian man for allegedly attempting to smuggle drugs, including more than 8.6kg of cannabis and 1.5kg of ‘ice’, in a car at Woodlands Checkpoint, the Immigration &amp; Checkpoints Authority (ICA) said.</p></div>

<div class=newsTextDataWrapInner><p>In a statement, ICA said the 22-year-old was arrested on Aug 1 after officers found a box in the car boot containing two blocks of substances believed to contain controlled drugs, estimated to be worth more than S$361,000.</p></div>

<div class=newsTextDataWrapInner><p>"Central Narcotics Bureau (CNB) officers were immediately alerted to the detection and conducted further checks on the man and the car, which led to more controlled drugs being found in the car boot.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"A total of about 8,646g of cannabis and 1,569g of ‘ice’ were seized, which could potentially feed the addiction of about 2,132 abusers for a week," it said on Wednesday.</p></div>

<div class=newsTextDataWrapInner><p>The agency noted that under Section 7 of the Misuse of Drugs Act 1973, anyone who imports into or exports from Singapore more than 250g of methamphetamine, or more than 500g of cannabis, may face the death penalty.</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Lam Seng Fatt</em></p></div>


Singapore authorities arrested a Malaysian man for allegedly attempting to smuggle drugs, including more than 8.6kg of cannabis and 1.5kg of ‘ice’, in a car at Woodlands Checkpoint, the Immigration & Checkpoints Authority (ICA) said.

In a statement, ICA said the 22-year-old was arrested on Aug 1 after officers found a box in the car boot containing two blocks of substances believed to contain controlled drugs, estimated to be worth more than S$361,000.

Singapore nabs Malaysian man with S$361,000 worth of drugs at Woodlands Checkpoint

IHH Healthcare Bhd (KL:IHH) outperformed on Tuesday as Macquarie flagged an improving earnings trajectory across the hospital operator’s portfolio.

IHH Healthcare rises 5% as Macquarie flags strong earnings outlook

Apple Inc is developing a screenless health and fitness tracker similar to Whoop Inc’s wrist-worn device, part of an effort to rethink its smartwatch lineup and add new wearable technologies.

Apple developing new fitness tracker aimed at rivalling Whoop — Bloomberg

The Nasdaq hit an intraday record high on Tuesday, underpinned by gains in heavyweight technology stocks and potential negotiations over the Iran conflict, while declines in big banks limited broader market gains.

Nasdaq hits intraday record high as tech stocks regain footing

The European Union (EU) preliminarily agreed to remove sanctions on two Russian billionaires following pressure from France and Luxembourg, making the concession in order to preserve other penalties before they expire.

EU to exempt two Russian tycoons in sanctions renewal deal — Bloomberg

The Court of Appeal on Tuesday delivered three unanimous rulings in the ongoing marital dispute between Supermax Corp Bhd (KL:SUPERMX) founders Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan Bee Geok.

Stanley Thai cleared of contempt as wife succeeds in lifting asset freeze, winding-up ban

US President Donald Trump on Tuesday called for complete economic isolation of Iran, showing no intention to resume talks at the United Nations (UN) General Assembly but saying he believed a deal would be done after the US midterm elections in November.

Trump urges complete isolation of Iran, expects deal after election

US President Donald Trump criticised Cuba as a failed state and said freedom will be coming to the Communist-run island in an United Nations (UN) address on Tuesday that touted greater US involvement in the region.

Trump says freedom coming to Cuba in UN speech

The Attorney General's Chambers has stated that the Negeri Sembilan state executive council has no legal authority to suspend the duties of the state secretary and state legal adviser.

No legal authority for Negeri Sembilan exco to suspend state secretary, state legal adviser — AGC

Prime Minister Andy Burnham said he would argue for Britain to be a "trusted partner" to the European Union's (EU) "Made in Europe" scheme, saying they should not be pitted as enemies on a policy that has the potential to hammer the UK's car industry.

UK's Burnham wants to work with EU on 'Made in Europe' plan

Wendy’s Co said it terminated the rights of one of its largest US franchisees to continue operating its 314 locations, which the burger chain said could be taken over by corporate or new operators.

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<p>A top executive at ASML Holding NV, Europe’s most valuable company, said it isn’t selling any of its chipmaking machines on the continent and that the region risks getting left behind as the US, China and India invest heavily in developing their domestic semiconductor industries.</p>


ASML executive says no chipmaking machines sold in Europe, region risks getting left behind

<p>Hengyuan Refining Company Bhd (KL:HENGYUAN) surged to a fresh high on Tuesday, rising as much as 27 sen or 6.2% to RM4.61 during intraday trade.</p>


Hengyuan reverses intraday gains to finish lower after touching new high; gains RM1.4b in market cap since August

<p>Land &amp; General Bhd (KL:L&amp;G) plans to launch the first phase of its Lembah Beringin industrial park in Selangor in the first quarter of next year, with an estimated gross development value of RM1.5 billion.</p>


Land & General upbeat on prospects, targets RM1.5b industrial launch in 1Q 2027

<p>KUALA LUMPUR (Sept 22): A forced auction of Country Heights Holdings Bhd’s (KL:CHHB) land in Kajang, Selangor was cancelled due to absence of bidders.</p>


Forced auction of Country Heights land cancelled due to lack of bidders

<p>KUALA LUMPUR (Sept 22): Shares in ViTrox Corporation Bhd (KL:VITROX) hit their highest level since the company’s listing on the ACE Market in 2005 on Tuesday, driven by its strong growth prospects amid the AI infrastructure boom.</p>


ViTrox hits new record high as AI-driven growth boosts outlook

<p>Cuscapi Bhd (KL:CUSCAPI) has proposed a private placement of up to 94.49 million new shares to raise up to RM4.55 million for working capital, making it the second company linked to businessman Wong Thean Soon, better known as TS Wong, to announce a share placement this week.</p>


Cuscapi seeks RM4.55m via private placement, second TS Wong-linked firm to tap equity market this week

<p>Zetrix AI Bhd (KL:ZETRIX) managing director Wong Thean Soon's stake in the company has now dropped to 11.06% from 11.97% last Friday, as Wong continued to pare his direct and indirect stakes in the company.</p>


TS Wong further trims Zetrix AI stake; investment vehicle exits substantial shareholder list

<p>Mr Chan is part of a company’s senior management. In the course of his role, he came upon information and a lucrative commercial opportunity that the company could exploit. He neither disclosed this nor obtained the company’s consent. Instead, armed with that information, he resigned, set up his own company and exploited that opportunity.</p>


Opinion: The director as a fiduciary: The ‘no-profit’, ‘no-conflict’ and ‘misuse of trust and knowledge’ rules

<p>IHH Healthcare Bhd (KL:IHH) outperformed on Tuesday as Macquarie flagged an improving earnings trajectory across the hospital operator’s portfolio.</p>


<p>Loss-making MMAG Holdings Bhd (KL:MMAG),&nbsp;a company which counts NexG Bhd (KL:NEXG) as a substantial shareholder, has proposed a RM130 million share capital reduction to wipe out part of the company’s accumulated losses.</p>


MMAG proposes RM130 mil capital reduction to pare accumulated losses

<p>The Negeri Sembilan executive council on Tuesday unanimously decided to suspend the state secretary and state legal adviser, said Menteri Besar Datuk Ismail Lasim.</p>


Negeri Sembilan exco suspends state secretary and state legal adviser 

<p>THE semiconductor industry in Penang is facing shortages in several areas, including engineering talent, factory floor space and production capacity. However, a lack of client orders is not one of them.</p>

<p>In fact, global customers are working closely with local manufacturers to ensure the...

Penang E&E players face capacity crunch amid influx of orders

<p>BlackRock, Capital Group and Schroders are among investors poised to buy into the initial public offering of the company behind the Philippines’ top mobile wallet, GCash, which is telling investors it’s on track to price the deal below the maximum, according to people familiar with the matter.</p>


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<p>WHEN the semiconductor cycle turned sharply lower after its 2022 peak, UWC Bhd (KL:UWC) could have taken the conventional route: preserve cash, defer investment and wait for demand to recover.</p>

<p>Instead, the Penang-based integrated engineering solutions provider did the opposite. It inves...

UWC’s downturn bet puts it in pole position for semiconductor front-end boom

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


Cuscapi, Zetrix AI, Sunway Healthcare, Eco World, SD Guthrie, MMAG, NexG, Country Heights, OGX, Maybulk & Oriental Interest

<p>The Court of Appeal on Tuesday delivered three unanimous rulings in the ongoing marital dispute between Supermax Corp Bhd (KL:SUPERMX) founders Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan Bee Geok.</p>


<p>Tremors from a weak magnitude 4.4 earthquake that struck the waters off Batu Pahat, Johor, at 4.55pm on Tuesday were felt across four states, as well as Putrajaya and Kuala Lumpur.</p>


Quake off Batu Pahat: Tremors felt across Johor, Melaka, Negeri Sembilan and Klang Valley

<p>KUALA LUMPUR (Sept 22): OGX Group Bhd (KL:OGX) has ventured into the renewable energy (RE) industry, targeting opportunities in Malaysia’s growing data centre market through battery energy storage systems (BESS).&nbsp;</p>


OGX Group ventures into renewable energy, targets data centre market

<p>Property developer Oriental Interest Bhd (KL:OIB) has applied to withdraw its draft circular and listing application filed more than a month ago for its proposed RM280 million share‑based related party acquisition that would have marked its entry into the motorcycle financing and retail business.</p>


Oriental Interest applies to withdraw draft circular, listing application for RM280m related party deal to make ‘essential updates’

<p>Several Asian refiners have been told informally by Saudi Aramco they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders familiar with the matter.</p>
