<div class=newsTextDataWrapInner><p>KUALA LUMPUR: Supermax Corp Bhd, whose shares surged nearly 9% to a record high today, announced that its 70%-owned Japanese unit Aime Supermax KK has been granted the product licence for its contact lenses by the Pharmaceutical and Medical Device Authority of Japan.</p></div>

<div class=newsTextDataWrapInner><p>A formal notification was received by Aime KK, which is 100% owned by Aime Supermax, it said in a statement today.</p></div>

<div class=newsTextDataWrapInner><p>"The product licence effectively enables the Supermax Group via SuperVision Optimax Sdn Bhd to export the first Malaysian brand contact lens to Japan, one of the world’s largest markets for contact lenses.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"This is a major breakthrough for both SuperVision Optimax and Malaysia, to be the first Malaysian contact lens to export to Japan. PMDA conducts one of the most stringent clinical evaluations in the world. Supermax Group is pleased that the product by its subsidiary company SuperVision Optimax Sdn Bhd (98% owned by Supermax International Sdn Bhd, which is a wholly-owned subsidiary of Supermax Corporation Bhd) has undergone an extensive clinical evaluation process," said Supermax.</p></div>

<div class=newsTextDataWrapInner><p>Supermax shares jumped 25 sen to settle at RM3.91 today, the highest since the stock was listed, giving it a market capitalisation of RM2.56 billion. The stock has grown near 102% since a year ago.</p></div>


KUALA LUMPUR: Supermax Corp Bhd, whose shares surged nearly 9% to a record high today, announced that its 70%-owned Japanese unit Aime Supermax KK has been granted the product licence for its contact lenses by the Pharmaceutical and Medical Device Authority of Japan.

A formal notificati...

Supermax secures Japanese licence for contact lens business

Escalating tensions in the Middle East and risk of a delayed easing in global interest rates could threaten Singapore’s economic rebound this year, according to the central bank’s latest review.

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The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250 billion (RM1.28 trillion) a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.

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<p>Maxis Bhd could work with another consortium partner to lower the cost of deploying the second 5G network, even after the recapitalisation of Digital Nasional Bhd (DNB), said RHB Research in a note on Friday.</p>


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<p>The Tesla Inc shareholder who won a court order in Delaware killing co-founder Elon Musk’s US$56 billion (RM267.54 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.</p>


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<p>Analysts are positive that Capital A Bhd's proposed restructuring plan to streamline its aviation segments will help it exit the Practice Note 17 (PN17) status and enhance its competitive stance against established full-service carriers.</p>


<p>Former president Donald Trump’s economic advisers are considering ways to actively stop nations from shifting away from using the dollar — an effort to counter budding moves among key emerging markets to reduce exposure to the US currency, according to people familiar with the matter.</p>


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<p>European and American investors showed converse interest in sustainable funds during the first quarter, research firm Morningstar said on Thursday, with a record US$8.8 billion (RM42.03 billion) in net withdrawals from the products in the US.</p>


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<p>Alphabet announced its first-ever dividend on Thursday and a US$70 billion (RM334.43 billion) stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.</p>


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<p>Foreign states are using UK universities to “steal advantage” by covertly acquiring British intellectual property, the government warned, saying it would explore proposals to protect cutting-edge research and technology.</p>


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<p>The Federal Communications Commission (FCC) said on Thursday it is ordering the US units of China Telecom, China Unicom and China Mobile to discontinue fixed or mobile broadband internet operations in the US.</p>


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<p>The Malaysian Research Accelerator for Technology and Innovation (MRANTI) has signed a memorandum of understanding (MOU) with Beijing Zhongguancun Science City Innovation Development Co Ltd to collaborate on several strategic initiatives aimed at fostering significant advancements in technology and innovation.</p>
