<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 13): Halex Holdings Bhd managing director Yeoh Cheng Poh has ceased to be a substantial shareholder in the company after disposing 12.84 million shares that represents a 12.12% stake in the agrochemicals agency for RM12.59 million.</p></div>

<div class=newsTextDataWrapInner><p>According to fillings with Bursa Malaysia today, Yeoh has ceased to be a substantial shareholder on Oct 10 after disposing the 12.12% stake at 98 sen apiece.</p></div>

<div class=newsTextDataWrapInner><p>Following the disposal, Yeoh is left with 2 million shares or 1.89% direct interest, and 593,125 shares or 0.56% indirect interest in Halex.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Halex ended the day 1 sen or 1.16% lower at 85 sen, giving it a market capitalisation of RM90.08 million.</p></div>


KUALA LUMPUR (Oct 13): Halex Holdings Bhd managing director Yeoh Cheng Poh has ceased to be a substantial shareholder in the company after disposing 12.84 million shares that represents a 12.12% stake in the agrochemicals agency for RM12.59 million.

According to fillings with Bursa Mala...

Halex's Yeoh ceases to be substantial shareholder after disposing 12.12% stake

LONDON (April 26): One fixture lurking like a troll in Arsenal's Premier League title run-in has probably consumed the thoughts of the club's fans more than any other -- Sunday's short trip to arch-rivals Tottenham Hotspur.

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(April 26): The Tesla Inc. shareholder who won a court order in Delaware killing co-founder Elon Musk’s US$56 billion pay package is premature in asking the judge to bar the billionaire from moving the executive-compensation dispute to Texas, the car company’s lawyers argue.

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NEW YORK/LONDON (April 26): Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990.

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WASHINGTON (April 26): The Federal Communications Commission said on Thursday it is ordering the U.S. units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the United States.

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NEW YORK (April 26): Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms META.O.

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BRIGHTON, England (April 26): Phil Foden struck twice as Manchester City stepped up their bid for a fourth Premier League crown in a row with a ruthless 4-0 victory at Brighton & Hove Albion on Thursday.

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<p>AirAsia X Bhd (AAX), which will be taking over Capital A Bhd's aviation business, has announced the mechanics of its plan via a bourse filing on Thursday.</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>


AirAsia X, Capital A, ViTrox, PavREIT, Luxchem, Chin Teck, MKHOP, TAS Offshore, Inta Bina, Heineken, Pantech and Infoline Tec 

<p>Practice Note 17 (PN17) company Khee San Bhd will increase the allotment underwritten in its proposed rights issue after Ng Meng Kee ceased to be a substantial shareholder and requested to discharge his undertaking.&nbsp;</p>


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<p>Pavilion Real Estate Investment Trust (PavREIT) reported that its first quarter net property income (NPI) jumped 33.2% year-on-year, thanks largely to contribution from its newly acquired mall, Pavilion Bukit Jalil. The increase was also attributed to higher occupancy rates and higher revenue rent from its other retail malls.</p>


PavREIT’s 1Q NPI jumps 33%, pays 2.48 sen distribution per unit

<p>US economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September.</p>


US economic growth slows more than expected in first quarter

<p>The Malaysian Anti-Corruption Commission (MACC) has served a senior police officer arrested on suspicion of protecting an illegal syndicate in the country's capital a notice to declare his assets before April 28.</p>


Senior police officer arrested for alleged corruption given until April 28 to declare assets to MACC

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<p>US economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, Treasury Secretary Janet Yellen told <em>Reuters </em>on Thursday after a clutch of "peculiar" factors held the economy to its weakest showing in nearly two years.</p>


US growth may get revised up, inflation will ebb

<p>Prime Minister Datuk Seri Anwar Ibrahim on Thursday gave assurance that the revised Public Service Remuneration System (SSPA), which will be announced soon, will be the best ever introduced in the country.</p>


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<p>As part of its continuing quest to add long-haul destinations to its routes over the long term, AirAsia X is exploring possible destinations in Eastern European countries such as Poland and Hungary, and the airline is not ruling out revisiting London and exercising its landing rights to Orlando in the United States.</p>


AirAsia X mulls flying to Poland, Hungary, London and Orlando

<p>Hulu Selangor Bersatu action division head has been named as Perikatan Nasional's (PN) candidate for the Kuala Kubu Baharu (KKB) state by-election on May 11.</p>


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<p>The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives hit a two-month low on Thursday, due to weaker soybean oil futures on the Chicago Board of Trade (CBOT), said a dealer.</p>

<p>Mumbai-based Sunvin Group commodity research head Anilkumar Bagani said the market sentiment was also weighed down by the Dalian Commodity Exchange’s refined, bleached, and deodorised palm olein during Asian trading hours.</p>


CPO futures hit two-month low at the close, in line with weaker rival oils

<p>Infoline Tec Group Bhd has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia as it has met the profit requirements for the transfer.</p>


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<p>Heineken Malaysia Bhd announced on Thursday that it has nominated Martijn Rene van Keulen as its new managing director (MD).</p>


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<p>Al-’Aqar Healthcare Real Estate Investment Trust (Al-’Aqar REIT) is actively targeting to acquire yield-accretive properties from KPJ Healthcare Bhd as part of its asset expansion plan.</p>

<p>The proposed exercise will be funded through a combination of unit issuance and cash via bank borrowings, it said in a filing with Bursa Malaysia on Thursday.</p>


Al-`Aqar Healthcare REIT aims to acquire yield-accretive properties from KPJ Healthcare

<p>Harvey Weinstein's 2020 conviction for sexual assault and rape was overturned by New York's highest court, reopening the landmark case that fuelled the #MeToo movement and highlighting the challenges of holding powerful men accountable.</p>


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<p>MOSCOW (April 25): The head of the Belarusian security service said on Thursday it had thwarted an attack on the capital Minsk by drones launched from Lithuania, Russian state news agencies said.</p>

<p>There was no immediate comment from NATO-member Lithuania.</p>

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<p>NEW YORK (April 26): Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks triggered by disappointing results from Meta Platforms META.O.</p>

<p>Data on...