<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Aug 4): Affin Holdings Bhd is seeking Bank Negara Malaysia’s approval to acquire an additional 7.07% stake stake in AXA Affin General Insurance Bhd for RM99.09 million.</p></div>

<div class=newsTextDataWrapInner><p>Affin currently owns 36.94% of the general insurer.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Affin said it intends to buy the additional stake&nbsp; from Felda Marketing Services Sdn Bhd, an indirect subsidiary of Felda Global Ventures Holdings Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>In March last year, Affin announced that it had obtained approval from the central bank to commence negotiations with Felda Marketing for the acquisition of the stake.</p></div>

<div class=newsTextDataWrapInner><p>Affin’s share price closed unchanged at RM2.56, for a market capitalisation of RM4.97 billion.</p></div>


KUALA LUMPUR (Aug 4): Affin Holdings Bhd is seeking Bank Negara Malaysia’s approval to acquire an additional 7.07% stake stake in AXA Affin General Insurance Bhd for RM99.09 million.

Affin currently owns 36.94% of the general insurer.

In a filing with Bursa Malaysia, Affin sai...

Affin seeks to buy additional 7.07% stake in AXA Affin from Felda for RM99.09m

RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.

Asean-Gulf Cooperation Council should find mechanisms to advance trade, investment — Anwar

KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.

Hibiscus Petroleum looking to leverage the economic boom in Tok Bali

RIYADH (April 28): Agrobank president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.

Agrobank’s Tengku Ahmad Badli Shah re-elected as Islamic bank association’s vice-chairman for 2025-2027

KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).

Zafrul: Trade-related and ESG measures must be fair to developing countries

CAIRO ( April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told Reuters on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.

Hamas delegation to visit Cairo on Monday for Gaza ceasefire talks, Hamas official says

The 6,272-acre Bandar Sri Sendayan, which is part of the upcoming economic growth area of Malaysia Vision Valley 2.0, is a self-sustaining township in Seremban, Negeri Sembilan where residents will find daily conveniences on their doorstep. It is now offering premium living with Resort Villa, an exclusive RM135.9 million development that consists of just 34 two-storey bungalow villas.

Exclusive luxury offerings at Bandar Sri Sendayan

BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.

China confronts Japanese politicians in disputed East China Sea area

KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.

Senior leader under probe for suspected cronyism over supply projects

BANGKOK (April 28): Thai Foreign Minister Parnpree Bahiddha-Nukara has abruptly resigned after losing the role of deputy prime minister in a Cabinet reshuffle, local media reported on Sunday.

Thai foreign minister resigns after losing deputy PM post

RIYADH (April 28): Prime Minister Datuk Seri Anwar Ibrahi held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.

Anwar holds meeting with President of Rwanda

<p>KUCHING (April 28): Sarawak Premier Tan Sri Abang Johari Tun Openg said on Sunday that prospective investors must deposit at least RM2 million or purchase property worth not less than RM1.5 million to obtain permanent residency (PR) in the state.</p>


Abang Johari: Investors must deposit minimum RM2 mil to migrate to Sarawak

<p>KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) has requested information from German authorities concerning the alleged acquisition of luxury vehicles in Germany, financed by 1Malaysia Development Bhd (1MDB) funds, according to MACC chief commissioner Tan Sri Azam Baki.</p>


MACC probes alleged luxury car buys in Germany with 1MDB funds

<p>BANGKOK (April 28): Thai Foreign Minister Parnpree Bahiddha-Nukara has abruptly resigned after losing the role of deputy prime minister in a Cabinet reshuffle, local media reported on Sunday.</p>


<p>SEREMBAN (April 28): Tabung Haji (TH) bore over RM350 million in direct and indirect financial assistance costs for this year's haj operations, its haj&nbsp;management general manager Mohamed Heikal Mohamed Yusuff revealed on Sunday. &nbsp;</p>


Tabung Haji bore more than RM350m in assistance cost for this year's haj ops

<p>KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.</p>


<p>RIYADH (April 28): Malaysia adopts a balanced foreign policy approach between the West and East and stands clear of any sort of position that is deemed provocative, Prime Minister Datuk Seri Anwar Ibrahim said on Sunday.</p>


Anwar: Malaysia adopts a balanced foreign policy, stands clear of provocations

<p>KUCHING (April 28): Water is an important component which acts as a stabiliser and catalyst for sustainable national development, said Deputy Prime Minister Datuk Seri Fadillah Yusof.</p>


Water acts as stabiliser, catalyst for sustainable national development — Fadillah

<p>RIYADH/DUBAI (April 28): Saudi Arabia, the world's top oil exporter, will adjust its Vision 2030 plan to transform its economy as needed, scaling back some projects and accelerating others, its finance minister said on Sunday.</p>


Saudi Arabia's Vision 2030 projects to be adjusted as needed, finmin says

<p>CAIRO (April 28): Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED (US$34.85 billion), he said on Sunday in a post on X.</p>


Dubai ruler approves new US$35 bil airport terminal

<p>KUALA LUMPUR (April 28): Police have verified the arrest of Chegu Bard, also known as Badrul Hisham Shaharin, a member of Parti Pribumi Bersatu Malaysia's Information Committee, on Saturday (April 27), and are launching an investigation into his Facebook post regarding the purported opening of a casino in Forest City.</p>


Police detain Chegu Bard, launch investigation into casino statement

<p>LISBON (April 28): Russia's air defence systems destroyed 17 drones launched by Ukraine over its territory, Russia's defence ministry said on Sunday, with a regional official saying the attack targeted an oil storage facility in the Kaluga region.</p>


Russia says it destroyed 17 drones launched by Ukraine

<p>RIYADH (April 28):&nbsp;Prime Minister Datuk Seri Anwar Ibrahi&nbsp;held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.</p>


<p>RIYADH (April 28): Agrobank&nbsp;president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.</p>


<p>KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).</p>


<p>KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.&nbsp;</p>


<p>BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.</p>


<p>The 6,272-acre Bandar Sri Sendayan, which is part of the upcoming economic growth area of Malaysia Vision Valley 2.0, is a self-sustaining township in Seremban, Negeri Sembilan where residents will find daily conveniences on their doorstep. It is now offering premium living with Resort Villa, an exclusive RM135.9 million development that consists of just 34 two-storey bungalow villas.</p>


<p>CAIRO (&nbsp;April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told <em>Reuters</em> on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.</p>


<p>RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.</p>
