<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 30): Fraser &amp; Neave Holdings Bhd (KL:<a href="/askedge/klse/3689" class="ce-stock" target="_blank">F&AMP;N</a>) announced on Wednesday that its chief executive officer Lim Yew Hoe, 60, will retire effective Wednesday, after more than 11 years at the helm.</p></div>

<div class=newsTextDataWrapInner><p>Lim, a Singaporean national, was appointed CEO of the group on Dec 1, 2014. Currently, he holds 100,000 shares, representing a 0.027% stake in the company.</p></div>

<div class=newsTextDataWrapInner><p>According to the group’s 2025 annual report, Lim received more than RM5 million in remuneration including salary, allowances, bonuses and other benefits for the financial year ended Sept 30, 2025 (FY2025).</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In a separate filing, F&amp;N said Tarang Gupta, 49, an Indian national, has been appointed chief executive officer effective Oct 1. Gupta was formerly managing director of Dutch Lady Milk Industries Bhd (KL:<a href="/askedge/klse/3026" class="ce-stock" target="_blank">DLADY</a>) from 2018 to 2021.</p></div>

<div class="mt-3 imgw-200 embed-right"><a class="mobx embedimg-icon" data-desc="Lim Yew Hoe" data-rel="ceolightbox" href="https://myassets.theedgemalaysia.com/pics/2026/Mr_Lim_Yew_Hoe_20260324184902_4ib0pb_20260930185932_5v27iq.jpg"><img alt="" src="https://myassets.theedgemalaysia.com/pics/2026/Mr_Lim_Yew_Hoe_20260324184902_4ib0pb_20260930185932_5v27iq.jpg" /></a>

<div class="thumb-cap">Lim Yew Hoe</div>
</div>

<div class=newsTextDataWrapInner><p>Gupta most recently led Dutch multi-national dairy cooperative Royal FrieslandCampina’s business in the Philippines through its subsidiary, Alaska Milk Corporation</p></div>

<div class=newsTextDataWrapInner><p>F&amp;N shares closed six sen or 0.28% lower at RM21.74 on Wednesday, valuing the company at RM7.97 billion.</p></div>


Fraser & Neave Holdings Bhd (KL:F&N) announced on Wednesday that its chief executive officer Lim Yew Hoe, 60, will retire effective Wednesday, after more than 11 years at the helm.

F&N announces CEO's retirement, ex‑Dutch Lady MD Tarang Gupta to succeed

SAN FRANCISCO/BENGALURU (Sept 30): Micron Technology forecast quarterly revenue above estimates on Wednesday and said customers had increased commitments under its long-term supply agreements to US$32 billion, signaling unabated demand for AI memory chips.

Micron's AI-fuelled revenue forecast blows past estimates, backlog swells

Gold prices were flat on Thursday, as markets awaited key US jobs data to gauge the Federal Reserve's (Fed) next policy move.

Gold holds steady with US jobs data on radar

Singapore will add to already rising costs of air travel as it introduces a world-first green levy on flights departing the city-state.

World-first green flight levy in Singapore adds to rising costs of air travel

SHAH ALAM (Oct 1) : A former chief executive officer of UiTM Holdings Sdn Bhd (UHSB) has been charged with criminal breach of trust (CBT) for misappropriating RM37.4 million earmarked for solar power development.

Azlizan Fadzil, who was in court in a wheelchair due to his stroke, pleade...

Ex UiTM Holdings CEO charged with CBT of misappropriating RM37 mil

TOKYO (Oct 1): Factory activity across Asia expanded in September thanks to the global AI boom, private surveys showed on Thursday, offering some relief to policymakers who are concerned about nagging cost pressures attributable to the US-Israeli war on Iran.

Asian factory activity expands thanks to global AI boom

PETRONAS said on Thursday the Songkhla export pipeline has been shut down temporarily after finding an issue during a routine inspection.

PETRONAS shuts down Songkhla pipeline temporarily

SINGAPORE (Oct 1): Asian stocks were subdued on Thursday and global bonds remained under pressure after a brutal September as investors weighed a slower-than-expected rise in US inflation in August that lessens the probability of a rate hike later this month.

Asian stocks dip, bonds in focus after torrid September 

PT AirAsia Indonesia is considering restructuring some liabilities and selling shares as the low-cost carrier seeks to repair a balance sheet that has kept its shares suspended since July.

AirAsia Indonesia mulls share sales, liability restructuring

TOKYO (Oct 1): Oil prices were nearly flat in early Asia trade on Thursday, following the previous day's gains and steep monthly rises, as investors assessed the outcome of US-Iran peace talks and the outlook for Middle East crude exports.

Oil prices barely changed as investors assess US-Iran peace talks and Gulf exports

KUALA LUMPUR (Oct 1): The three co-founders and executive directors of Main Market-listed MN Holdings Bhd (KL:MNHLDG) have made a combined net gain of nearly RM45 million after converting company warrants into shares at just 20 sen apiece and offloading a chunk of those shares to institutional investors at RM3.91 per share.

MN Holdings founders pocket nearly RM45m selling 20 sen warrant-converted shares at RM3.91

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


UWC, F&N, Astro, Divfex, Zetrix AI, Batu Kawan, MKH, Chin Hin Group Property, ES Sunlogy, Solid Automotive

<p>THIS commentary attempts to answer this question.</p>


Opinion: Can the Yang di-Pertuan Besar of Negeri Sembilan revoke the appointments of the members of the State Executive Council?

<p>The EY Entrepreneur of the Year 2026 Malaysia awards has shortlisted 12 top nominees across four entrepreneur categories — Emerging, Technology, Woman and Master.</p>


EY Entrepreneur of the Year 2026 Malaysia names its 12 top nominees

<p>SHAH ALAM (Oct 1) : A former chief executive officer of UiTM Holdings Sdn Bhd (UHSB) has been charged with criminal breach of trust (CBT) for misappropriating RM37.4 million earmarked for solar power development.</p>

<p>Azlizan Fadzil, who was in court in a wheelchair due to his stroke, pleade...

<p>SINGAPORE (Oct 1): Asian stocks were subdued on Thursday and global bonds remained under pressure after a brutal September as investors weighed a slower-than-expected rise in US inflation in August that lessens the probability of a rate hike later this month.</p>


<p>KUALA LUMPUR (Oct 1): The three co-founders and executive directors of Main Market-listed MN Holdings Bhd (KL:MNHLDG) have made a combined net gain of nearly RM45 million after converting company warrants into shares at just 20 sen apiece and offloading a chunk of those shares to institutional investors at RM3.91 per share.</p>


<p>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 its listing price.</p>


GB Bond opens barely higher, slips immediately in ACE Market debut

<p>PT AirAsia Indonesia is considering restructuring some liabilities and selling shares as the low-cost carrier seeks to repair a balance sheet that has kept its shares suspended since July.</p>


<p>KUALA LUMPUR (Oct 1): Malaysia’s manufacturing sector ended the third quarter broadly stable, with softer new orders and output offset by rising employment and easing inflation.</p>


Malaysia’s manufacturing ends 3Q broadly stable; orders soften, hiring rises, inflation eases — PMI data

<p>Here's a heads up on what to look out for today.</p>


YOUR DAY AHEAD: Oct 1, 2026 

<p>Moody’s Ratings has assigned a first-time A3 issuer rating to PETRONAS International Corporation Ltd (PICL), with a stable outlook, citing its strategic importance to parent Petroliam Nasional Bhd (PETRONAS).</p>


PETRONAS’ international arm gets first 'A3' rating from Moody’s

<p>A&nbsp;fresh bout of volatility gripped Wall Street in the last hour of trading, with stocks erasing gains that were earlier fueled by slower-than-anticipated inflation data.&nbsp;e S&amp;P 500 saw its worst month since June.</p>


S&P 500 falls at end of worst month since June

<p>TOKYO (Oct 1): Oil prices were nearly flat in early Asia trade on Thursday, following the previous day's gains and steep monthly rises, as investors assessed the outcome of US-Iran peace talks and the outlook for Middle East crude exports.</p>


<p>WASHINGTON (Sept 30): US President Donald Trump unveiled plans on Wednesday for South Korea to invest some US$200 billion in US projects, but Seoul quickly suggested one key element, a US$54 billion pipeline for an LNG project in Alaska, was not yet set in stone.</p>


Trump unveils US$200 bil South Korean investment in US; Seoul hedges on Alaska pipeline

<p>PETRONAS said on Thursday the Songkhla export pipeline has been shut down temporarily after finding an issue during a routine inspection.</p>


<p>European Central Bank chief Christine Lagarde said it would "not be a good idea" to run in France's 2027 presidential race, telling newspaper <i>La Croix</i> on Wednesday that if she were to step down early from the bank in 2027, it would only be by a few months.</p>


ECB's Lagarde says it 'would not be a good idea' to run for French president

<p>Singapore private home prices rose at the fastest pace since 2024 even as sales slowed, in a sign that the property boom in the city-state has yet to abate.</p>


Singapore home prices accelerate despite slowdown in sales

<p>TOKYO (Oct 1): Factory activity across Asia expanded in September thanks to the global AI boom, private surveys showed on Thursday, offering some relief to policymakers who are concerned about nagging cost pressures attributable to the US-Israeli war on Iran.</p>


<p>SAN FRANCISCO/BENGALURU (Sept 30): Micron Technology forecast quarterly revenue above estimates on Wednesday and said customers had increased commitments under its long-term supply agreements to US$32 billion, signaling unabated demand for AI memory chips.</p>


<p>Singapore will add to already rising costs of air travel as it introduces a world-first green levy on flights departing the city-state.</p>
