<div class=newsTextDataWrapInner>KUALA LUMPUR (Oct 3): Plantation giant Felda Global Ventures Bhd (FGV) today announced its suspended chief financial officer Ahmad Tifli Mohd Talha will be returning to work following his leave since June 6.</div>

<div class=newsTextDataWrapInner>In a Bursa Malaysia filing, FGV said Ahmad Tifli will resume his duty from tomorrow (Oct 4).</div>

<div class=newsTextDataWrapInner>Ahmad Tifli, together with FGV chief executive officer and president Datuk Zakaria Arshad, were told by the company's board of directors to go on leave, pending the completion of an internal investigation into alleged improprieties involving a client, Safitex Trading LLC, and FGV's subsidiary Delima Oil Products Sdn Bhd.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Besides Zakaria and Ahmad Tifli, Delima Oil Products’ senior general manager Kamarzaman Abd Karim and FGV trading CEO Ahmad Salman Omar, who were also investigated, were also told to go on leave. 
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The investigation centred around delayed payments from the Dubai-based Safitex Trading to Delima Oil Products of some US$11.7 million, which had exceeded the allowable credit limit given to a client. 
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FGV shares closed one sen or 0.6% higher at RM1.68 today, giving it a market capitalisation of RM6.13 billion. Year to date, the counter has gained about 8.4%.</div>

KUALA LUMPUR (Oct 3): Plantation giant Felda Global Ventures Bhd (FGV) today announced its suspended chief financial officer Ahmad Tifli Mohd Talha will be returning to work following his leave since June 6.

In a Bursa Malaysia filing, FGV said Ahmad Tifli will resume his duty from tomo...

 FGV CFO Ahmad Tifli to resume duty tomorrow

Matrix Concepts Holdings Bhd unveiled the second phase of Resort Villa in Bandar Sri Sendayan, Seremban last Friday (April 19).

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Thailand's cabinet on Tuesday approved a plan to select a new slate of senators who will no longer be allowed to vote on who becomes prime minister, removing what has effectively served as a veto for the powerful military on who leads the country.

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Topmix Bhd, a surface decorative company listed on Tuesday, expects its expansion in the northern region of Peninsular Malaysia to boost its earnings growth.

The northern region, particularly Penang, has seen an influx of foreign investors, leading to higher income levels and rapid development of housing and commercial projects, which all “bode well for Topmix’s expansion plans", said managing director Teo Quek Siang.

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Spotify on Tuesday reported quarterly monthly active users (MAU) below its own estimates, as the Swedish music streaming company chose to boost profit instead of spending more on marketing activities to draw in more listeners.

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Halal Development Corp (HDC) wants to focus on collaborations to produce more halal-certified ingredients for the food and beverages sector, pharmaceuticals and cosmetics.

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SINGAPORE (April 23): The Bank of Singapore (BOS) has appointed Rickie Chan as chief executive of its Hong Kong branch. The appointment was effective April 17. Chan will still remain as head of private banking, Greater China, of BOS’ Hong Kong branch.

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KUALA LUMPUR (April 23): Gadang Holdings Bhd said it will appeal to the Economic Planning Unit (EPU) for a waiver of the Bumiputera equity requirement to facilitate its acquisition of a 21.08-acre land in Kwasa Damansara.

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When Republican presidential candidate Donald Trump's hush money trial began in a Manhattan courthouse on Monday, cable TV news coverage of the case was as divided as America itself.

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PepsiCo beat Wall Street expectations for first-quarter revenue on Tuesday as demand held steady for the soda and snacks giant's Tropicana juices and Cheetos in its international markets.

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The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

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Ten members of the Royal Malaysian Navy (RMN) were confirmed dead in an incident where two helicopters collided and crashed at the Royal Malaysian Navy (RMN) base in Lumut, Perak on Tuesday morning.

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Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.

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Healthcare stocks still have legs to run following the recent rally and investors should continue to buy hospital operators for their further earnings growth this year, analysts said.

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Malaysia’s construction tender prices are&nbsp;expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner &amp; Townsend.

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Indonesian President Joko Widodo and his son, incoming vice-president Gibran Rakabuming Raka, are no longer members of the country's largest party after they backed rival candidate and election winner Prabowo Subianto, a party official said on Tuesday.

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Swatch Group (M) Sdn Bhd&nbsp;said the seizure of its 172 rainbow-themed watches had caused much grief to its international reputation, as the renowned Swiss watch maker had always been dutiful citizens of any state where the watches were sold.

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Former Umno Supreme Council member Hizatul Isham Abdul Jalil or better known as Isham Jalil has offered to make an unreserved apology to bring an end to his contempt of court proceedings.

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ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka over the next five years for its second-phase business expansion.

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Moomoo Malaysia, an online trading platform, garnered 100,000 clients within six weeks of its launch, making it one of the most downloaded financial mobile applications in Malaysia.&nbsp;

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Chinese universities and research institutes recently obtained high-end Nvidia artificial intelligence (AI) chips through resellers, despite the US widening a ban last year on the sale of such technology to China.

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Capital A Bhd’s unit AirAsia Consulting Sdn Bhd is still in the pre-qualification stage for the acquisition of national carrier SriLankan Airlines.&nbsp;

However, AirAsia Consulting has yet to submit any price bid since due diligence has not been carried out, its chief executive officer Subashini Silvadas told The Edge on Tuesday.

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Hong Leong Investment Bank (HLIB) has a “trading buy” rating on SDS Group Bhd and said with 33 of its F&amp;B outlets situated across Johor state, and a wholesale segment that is focusing in this region, SDS appears strategically positioned to leverage the burgeoning vibrancy in Johor, propelled further by the continuous influx of visitors from Singapore.

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Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.

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CONSTRUCTION firm GDB Holdings Bhd — which has been embroiled in disputes with KSK Group in the last two years over the development of the 8 Conlay project in Kuala Lumpur — appears to be back on investors’ radar, judging by the recent upward trend in its share price.

According to marke...

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Malton Bhd has unveiled the final tower (Block B) of River Park, following the successful launch of its previous Tower A and Tower C blocks with more than 70% take-up rate.

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PETALING JAYA (April 23): Tropicana Corp Bhd is partnering with Maybank Islamic Bhd to provide a home financing solution called Maybank Islamic’s HouzKEY.&nbsp;

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High crude oil prices&nbsp;caused by&nbsp;tension in the Middle East&nbsp;will help to boost Malaysia's oil and gas exports. However, escalated fuel&nbsp;prices will dampen the country’s economic growth, according to the Socio-Economic Research Centre (SERC).

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The two helicopters which collided and crashed at the Royal Malaysian Navy (RMN) Base were undergoing a rehearsal for the third time in conjunction with RMN Fleet Open Day celebration scheduled on Saturday (April 27).