<div class=newsTextDataWrapInner><p>MELAKA (Oct 30): Perikatan Nasional (PN) has announced five candidates for the 16th Melaka state election next month.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The names of the candidates were announced by PN chairman Datuk Seri Dr Ahmad Samsuri Mokhtar at Dewan Muallim Haji Abdul Wahid in Bukit Katil here on Thursday night.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>PN’s candidates for the Melaka state election are as follows:&nbsp;</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>N.13 Paya Rumput — Rafie Ahmad<br />
N.16 Ayer Keroh — Datuk Seri Michael Gan&nbsp;<br />
N.17 Bukit Katil — Ridzuan Sarif&nbsp;<br />
N.19 Kesidang — Albert Kok<br />
N.24 Bemban — Dr Mohd Yadzil Yaakub&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The Melaka state legislative assembly was dissolved on Sept 23, and the Election Commission (EC) has set Nov 14 as polling day, with nomination day on Oct 31 and early voting on Nov 10.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p><em>Uploaded by Felyx Teoh</em><br />
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Perikatan Nasional (PN) has announced five candidates for the 16th Melaka state election next month.

Perikatan names five candidates for Melaka polls

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Perikatan Nasional (PN) has postponed announcing its candidate for one remaining state seat allocated to the coalition under an understanding with Barisan Nasional (BN) for the 16th Melaka state election.

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Parti Pribumi Bersatu Malaysia (Bersatu) announced eight candidates who will contest in the 16th Melaka state election on Nov 14.

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Parti Pribumi Bersatu Malaysia (Bersatu) will use its official party logo in the 16th Melaka state election on Nov 14, said its secretary general Datuk Seri Mohamed Azmin Ali.

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Cuscapi Bhd (KL:CUSCAPI) saw boardroom changes on Thursday, including the resignation of businessman Datuk Jayakumar Panneer Selvam.

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

Big Caring, Zetrix AI, Heitech Padu, SD Guthrie, YTL Power, Mega Fortris, GIIB, JF Technology, TSH Resources, BAT Malaysia, Mi Technovation, Axis REIT, Chin Teck Plantations, Taghill &SLGC 

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Mi Technovation Bhd (KL:MI) posted record earnings in the third quarter ended Sept 30, 2026 (3QFY2026), driven by higher sales volume, improved average selling prices and optimised product mix.

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SD Guthrie Bhd (KL:SDG) has partnered with YTL Power International Bhd (KL:YTLPOWR) and Bumi Assets Sdn Bhd to develop a 1,623-acre industrial park in Bukit Kerayong, Selangor.

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<p>Zetrix AI Bhd (KL:ZETRIX) told Bursa Malaysia in response to its queries that a dissolution event for its RM2 billion sukuk was triggered after it breached a covenant requiring managing director Wong Thean Soon to remain its largest shareholder.</p>


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<p>SD Guthrie Bhd (KL:SDG) has partnered with YTL Power International Bhd (KL:YTLPOWR) and Bumi Assets Sdn Bhd to develop a 1,623-acre industrial park in Bukit Kerayong, Selangor.</p>


<p>Zetrix AI Bhd's (KL:ZETRIX) wholly owned unit MyEG Sdn Bhd has received a RM353.13 million tax bill from the Inland Revenue Board (IRB) over transfer pricing matters for the years of assessment 2021 to 2023.</p>


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<p>A total of 13 members of Parliament, including former prime minister and Bersatu president Tan Sri Muhyiddin Yassin and Muda’s Syed Saddiq Syed Abdul Rahman, signed a confidence-and-supply agreement (CSA) with the federal government on Thursday, strengthening Prime Minister Datuk Seri Anwar Ibrahim’s position in Parliament.</p>


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<p>Investors flocked to SKA Capital Bhd’s initial public offering (IPO) ahead of its ACE Market listing, with demand exceeding the shares available to the Malaysian public by 80.42 times.</p>


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<p>Big Caring Group Bhd, Malaysia’s biggest pharmacy chain operator en route to the Main Market, said it is aiming to add up to 50 stores annually over the next five years.</p>


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<p>Property developer Parkland Bhd has secured approval from the Securities Commission Malaysia for its proposed listing on the Main Market.</p>


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<p>British American Tobacco (Malaysia) Bhd (KL:BAT) reported a 66.54% decline in net profit for the third quarter amid higher restructuring expenses.</p>


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<p>HeiTech Padu Bhd (KL:HTPADU) said it is no longer collaborating with Zetrix AI Bhd (KL:ZETRIX) on the RM1.05 billion National Integrated Immigration System (NIISe) project, after both parties mutually agreed not to extend their teaming agreement.</p>


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<p>The government is gathering industry feedback on a proposal to temporarily suspend crude palm oil (CPO) export duties to ease stock pressure and boost exports, Plantation and Commodities Minister Datuk Seri Dr Noraini Ahmad said.</p>


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<p>Two companies linked to businessman Datuk Ng Meng Kee saw sharp declines in their share prices on Thursday, prompting Bursa Malaysia to query one of them.</p>


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<p>This year is an exciting year for investors, with the initial public offerings (IPOs) of some of the world’s most exciting technology companies, including Space Exploration Technologies Corp (SpaceX) and the upcoming artificial intelligence (AI) firm Anthropic.</p>


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<p>One of the three Court of Appeal (COA) judges hearing the federal government’s appeal over the Sabah revenue issue on Thursday quizzed parties as to what had transpired between the federal and Sabah governments between 1969 to 2021 that had resulted in them not agreeing to a review between them to increase the state’s revenue.</p>


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


<p>Australian mining and materials company, Lynas Rare Earths Ltd is planning a month-long &nbsp; shutdown of its Malaysian processing plant in the quarter ending in December, but is confident it has enough stockpiles to meet customer demand.</p>


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<p>The federal government will continue to implement the sales and service tax (SST), as the goods and services tax (GST) will not be considered due to the ongoing burden of the cost of living.</p>


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<p>Indonesian police are investigating 97 corporations, including 22 foreign-linked companies, over forest and land fire cases across the country, with 20 companies already named as suspects.</p>


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<p>The Sultan of Perak, Sultan Nazrin Shah, has warned members of the Dewan Negara Perak and dignitaries of the Royal Court against misusing the Ruler’s name, royal influence and their titles for personal gain, financial profit or business opportunities.</p>


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<p>Malayan Banking Bhd (KL:MAYBANK) said on Thursday that its Singapore operations now allow eligible corporate clients to receive, hold and transact in ringgit, enabling businesses to buy the currency ahead of payments for their Malaysian activities.</p>


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<p>The Malaysian Chinese Association (MCA) will contest one more seat, Bandar Hilir, at the upcoming Melaka state election following talks between Barisan Nasional and Perikatan Nasional.</p>
