<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 26): Shares in Edaran Bhd rose 47.62% in mid-morning trade today after bagging a contract worth RM149.97 million from the Royal Malaysian Customs Department for the enhancement of the latter's information technology (IT) systems.</p></div>

<div class=newsTextDataWrapInner><p>At 10.58am, the stock rose 25 sen to 77.5 sen with some 10 million shares traded, making it the top gainer on Bursa Malaysia.</p></div>

<div class=newsTextDataWrapInner><p>Yesterday, Edaran's stock climbed 30 sen to 52.5 sen — its highest level in five years — with 10.4 million shares traded. Its market capitalisation stood at RM30.4 million and it was a top gainer on the stock exchange.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>On Tuesday, Edaran announced that the customs department had accepted its wholly-owned subsidiary Edaran IT Services Sdn Bhd's proposal to undertake the service continuity project of "Sistem Maklumat Kastam" for two years starting last month.</p></div>

<div class=newsTextDataWrapInner><p>Edaran IT, a full-fledged IT services and solutions provider, was in 2015 appointed by the customs department as a national single window service provider.</p></div>

<div class=newsTextDataWrapInner><p>Edaran's stock has risen 260.47% year-to-date.</p></div>

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KUALA LUMPUR (Oct 26): Shares in Edaran Bhd rose 47.62% in mid-morning trade today after bagging a contract worth RM149.97 million from the Royal Malaysian Customs Department for the enhancement of the latter's information technology (IT) systems.

At 10.58am, the stock rose 25 sen to 77...

Edaran active, continues to rise after bagging customs job

The federal government has agreed in principle to proposals to convert agricultural land within the Muda Agricultural Development Authority (Mada) area for industrial and commercial development.

Anwar says nod given for conversion of Mada land for industrial, commercial development 

US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.

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Labour wins in the UK’s two biggest cities completed a string of local election successes by opposition leader Keir Starmer that showed his party firmly on course for victory at a general election later this year.

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Paytm appointed new business executives as the troubled fintech firm’s chief operating officer resigned.

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Warren Buffett said he expects the US government to increase taxes to tackle widening fiscal deficits rather than reduce spending.

Warren Buffett says taxes may rise to offset widening US deficits

Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position in the iPhone maker.

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China's Ping An Insurance Group Co, the biggest Asian investor in HSBC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told Reuters on Saturday, as the investor voted against such a move.

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Mathew Ngau Jau is not a fan of hectic city life, though there is certainly something to smile about as he visits Kuala Lumpur this week for a very special recognition at the 19th Boh Cameronian Arts Awards (BCAA).

Treasure of Borneo

In the May 6 issues of City & Country, the cover story features Eastern & Oriental Bhd’s (E&O) Andaman Island in Penang. The reclaimed island project is taking shape and will come in two phases. Phase one covers 253 acres, while phase two will cover 507 acres. Reclamation work for phase one started in 2015 and was completed in December 2019. Work on phase two is ongoing, with the entire reclamation exercise set to be completed by December 2028.

Developing community living sustainably

Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.

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<p>China's Ping An Insurance Group Co, the biggest Asian investor in HSBC did not support reappointing chief executive Noel Quinn as a director to the banks board at the its shareholder meeting, a source familiar with the matter told <i>Reuters</i> on Saturday, as the investor voted against such a move.</p>


<p>In the May 6 issues of <i>City &amp; Country</i>, the cover story features Eastern &amp; Oriental Bhd’s (E&amp;O) Andaman Island in Penang. The reclaimed island project is taking shape and will come in two phases. Phase one covers 253 acres, while phase two will cover 507 acres. Reclamation work for phase one started in 2015 and was completed in December 2019. Work on phase two is ongoing, with the entire reclamation exercise set to be completed by December 2028.</p>


<p>Labour wins in the UK’s two biggest cities completed a string of local election successes by opposition leader Keir Starmer that showed his party firmly on course for victory at a general election later this year.</p>


<p>Mathew Ngau Jau is not a fan of hectic city life, though there is certainly something to smile about as he visits Kuala Lumpur this week for a very special recognition at the 19th Boh Cameronian Arts Awards (BCAA).</p>


<p>Warren Buffett said he expects the US government to increase taxes to tackle widening fiscal deficits rather than reduce spending.</p>


<p>US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.</p>


<p>Paytm appointed new business executives as the troubled fintech firm’s chief operating officer resigned.</p>


<p>The federal government has agreed in principle to proposals to convert agricultural land within the Muda Agricultural Development Authority (Mada) area for industrial and commercial development.</p>


Anwar says nod given to conversion of Mada land for industrial, commercial development 

<p>Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor apologised to Prime Minister Datuk Seri Anwar Ibrahim and Cabinet ministers who attended the state-level Madani Aidilfitri celebration on Saturday night.</p>
