<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 28): AmanahRaya Real Estate Investment Trusts (KL:<a href="/askedge/klse/5127" class="ce-stock" target="_blank">ARREIT</a>) said its managing director Datuk Mohd Iskandar Dzulkarnain Ramli will step down from the role on Sept 1.</p></div>

<div class=newsTextDataWrapInner><p>Iskandar will remain with AmanahRaya REIT as a non-independent and non-executive director, according to an exchange filing on Friday.</p></div>

<div class=newsTextDataWrapInner><p>The resignation is to facilitate Iskandar's move to Amanah Raya Bhd — the government-owned trustee company involved in estate planning, wills, trusts and corporate trustee services — as group managing director.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>AmanahRaya REIT said Ahmad Jefri Abdul Rashid will be appointed active chief executive officer from Sept 1 to Dec 31, 2026. Ahmad Jefri's previous role is chief financial officer at Amanahraya-Kenedix Reit Manager Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Meanwhile, Low Swee Lim has been appointed acting assistant general manager of finance at Amanahraya-Kenedix Reit Manager for the same period.</p></div>

<div class=newsTextDataWrapInner><p>The price of AmanahRaya REIT units rose half a sen or 1.4% to 37 sen on Friday, valuing the trust at RM212.1 million.</p></div>


AmanahRaya Real Estate Investment Trusts (KL:ARREIT) said its managing director Datuk Mohd Iskandar Dzulkarnain Ramli will step down from the role on Sept 1.

AmanahRaya REIT MD Iskandar Dzulkarnain resigns, to head Amanah Raya

Wall Street traders drove stocks to all-time highs on growing bets that Corporate America will be able to weather the threats from still-elevated energy costs and interest rates.

S&P 500 climbs to record high on earnings optimism

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

<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>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>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>


Berjaya says core Berjaya Hills businesses unaffected by Pahang enforcement action

<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>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.</p>


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


<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>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>Asteel Group Bhd (KL:ASTEEL) has appointed former Inspector-General of Police Tan Sri Razarudin Husain @ Abd Rasid as independent non-executive chairman and new controlling shareholder Datuk Clifford Hii Toh Leong as executive deputy chairman.</p>


Asteel names ex-IGP Razarudin chairman, Clifford Hii executive deputy chairman in board revamp

<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>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>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.</p>


<p>A survey of 1,000 people by the Malaysia&nbsp;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.</p>


<p>Insights Analytics Bhd (KL:IAB), which mainly provides asset management systems to water utilities, has secured a RM14.44 million subcontract to construct a water treatment plant in Sarawak's Miri division.</p>


Insights Analytics secures contract for Suai water treatment plant in Miri

<p>Dialog Group Bhd (KL:DIALOG) said its 50.01%-owned joint venture company has been awarded concession rights and operatorship for the L8/66 exploration block onshore Thailand.</p>


Dialog JV bags onshore O&G concession in Thailand

<p>Mesiniaga Bhd (KL:MSNIAGA) has won a RM32.3 million contract from the Royal Malaysian Customs Department (RMDC) for the maintenance and licence renewal of its MyGST System.</p>


Mesiniaga wins two-year RM32.3m contract extension from Customs Dept

<p>Below is a summary of how key Bursa Malaysia indices and the ringgit performed on Tuesday.</p>


FBM KLCI up 0.1% to 1,633.35 on Oct 6, 2026  

<p>Elridge Energy Holdings Bhd (KL:ELRIDGE) is investing RM45 million to venture into the manufacturing and the sale of activated carbon business for&nbsp;use across water treatment, industrial purification and related filtration.</p>


Elridge Energy invests RM45m to venture into activated carbon business

<p>Malaysia and France are expected to sign a memorandum of understanding (MOU) on energy transition soon to accelerate efforts towards a cleaner and more sustainable future, Deputy Prime Minister Datuk Seri Fadillah Yusof said on Tuesday.</p>
