<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Oct 8): CapitaMalls Malaysia REIT Management Sdn Bhd (CMMRM), the manager of CapitaMalls Malaysia Trust (CMMT), announced the appointment of Low Peck Chen as its chief executive officer (CEO) and non-independent executive director with effect from Nov 1.</p></div>

<div class=newsTextDataWrapInner><p>In a media statement today, CMMRM said Low will take over from Sharon Lim, who is resigning as CEO to pursue personal interest.</p></div>

<div class=newsTextDataWrapInner><p>Low is currently CMMRM Deputy CEO, and previously helmed the position of head of finance since October 2011.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>According to CMMRM, she has more than 14 years of experience in finance and accounting, and has actively participated in corporate fund raising in the capital and debt markets, and successfully brokered numerous financing and refinancing deals.</p></div>

<div class=newsTextDataWrapInner><p>Low was also part of the core team that spearheaded the listing of CMMT on the Main Market of Bursa Malaysia in July 2010.</p></div>

<div class=newsTextDataWrapInner><p>Low holds a Bachelor of Accounting (First Class Honours) degree from the University of Malaya, Malaysia, and is a member of the Malaysian Institute of Accountants.</p></div>

<div class=newsTextDataWrapInner><p>CMMT’s property portfolio covers a total net lettable area of over 2.4 million sq ft and as at June 30, the total asset size stands at about RM3.3 billion.</p></div>

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KUALA LUMPUR (Oct 8): CapitaMalls Malaysia REIT Management Sdn Bhd (CMMRM), the manager of CapitaMalls Malaysia Trust (CMMT), announced the appointment of Low Peck Chen as its chief executive officer (CEO) and non-independent executive director with effect from Nov 1.

In a media stateme...

CapitaMalls Malaysia appoints Low Peck Chan as new CEO

WASHINGTON (April 16): US Treasury Secretary Janet Yellen on Tuesday warned that the US intends to hit Iran with new sanctions in coming days over its unprecedented attack on Israel, and these actions could seek to reduce Iran’s capacity to export oil.

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KUALA LUMPUR (April 16): The Unity Secretariat meeting, held on Tuesday night, discussed preparations to strengthen machinery and the working mechanism of parties within the Unity Government, in preparation for next month’s Kuala Kubu Baharu by-election.

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KUALA LUMPUR (April 16): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:

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KUALA LUMPUR (April 16): The 14-year-old daughter of Lahad Datu police chief ACP Dzulbaharin Ismail was found dead in a pool of blood, in a room at her home in Taman Tabanak, Lahad Datu on Tuesday.

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KUALA LUMPUR (April 16): The Malaysian Investment Development Authority (Mida) plays an instrumental investment facilitator role in removing obstacles for prospective investors, said Investment, Trade and Industry (Miti) Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

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NEW YORK/BENGALURU (April 16): The Dow Jones Industrial Average outshone its peers on Tuesday, following upbeat results from health insurer UnitedHealth, while higher Treasury yields and conflict in the Middle East kept investors on edge.

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KUALA LUMPUR (April 16): Comfort Gloves Bhd said two subsidiaries of the group have commenced legal action over an additional tax demand totalling RM99.3 million by the Inland Revenue Board (IRB).

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Tesla Inc shares extended their decline for 2024, pushing the electric-vehicle (EV) maker’s market valuation below US$500 billion (RM2.40 trillion), as a round of job cuts this week further soured sentiment around the company.

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Federal Reserve (Fed) vice chair Philip Jefferson said he expects inflation to continue to moderate, with interest rates at their current level, but persistent price pressures would warrant holding borrowing costs high for longer.

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<p>Outsourced semiconductor assembly and testing (OSAT) player Globetronics Technology Bhd is in the final stages of discussion with two prospective clients interested in leveraging advanced packaging technology.</p>


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<p>Practice Note 17 (PN17) company Serba Dinamik Holdings Bhd said it had been granted an extension of time until May 15 by Bursa Malaysia to submit its regularisation plan.</p>


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<p>ISKANDAR PUTERI (April 16): The Johor government wants to develop a multi-tiered Automated Rapid Transit (ART) system in Johor Bahru to address traffic congestion in the city.</p>


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<p>The Ministry of Investment, Trade and Industry (Miti) will draw up a comprehensive semiconductor strategic plan to ensure that Malaysia continues to be the chosen investment destination for this strategic industry, said Prime Minister Datuk Seri Anwar Ibrahim.</p>


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<p>Bursa Malaysia ended lower for the second consecutive day on Tuesday, tracking the weak global sentiment due to the Middle East conflict, said an analyst. &nbsp;</p>


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<p>Here’s a quick look at some of the stories that made headlines today.</p>


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<p>KUALA LUMPUR (April 16): Malaysian airlines will be hurt by higher fuel costs, even as escalating geopolitical tensions in the Middle East are not expected to dent ticket sales, analysts said.</p>


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<p>1Malaysia Development Bhd (1MDB) on Tuesday failed to transfer its case concerning its US$6.59 billion (RM31.58 billion) suit against its former president Arul Kanda Kandasamy and former Treasury secretary general Tan Sri Dr Mohd Irwan Serigar Abdullah from the Civil High Court to the Commercial High Court.</p>


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<p>The Ministry of Finance (MOF) has registered the proposed construction of a new highway alignment that will connect Tanjung Malim to Lumut.</p>

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Perak proposes new highway between Tanjung Malim and Lumut

<p>Kossan Rubber Industries Bhd has proposed a final dividend of two sen per share for the financial year ended Dec 31, 2023 (FY2023).</p>

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Kossan proposes final dividend of two sen for FY2023

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<p>The Sarawak government has welcomed the appointment of Lawrence Wong as Singapore's next&nbsp;prime minister, while also expressing interest in studying further the republic's approach to assisting its low-income sector.</p>


Abang Johari sees more Sarawak-Singapore collaborations under PM Wong

<p>KUALA LUMPUR (April 16): Bursa Malaysia Bhd is collaborating with the UK government’s Mobilising Institutional Capital Through Listed Product Structures (Mobilist) programme to help address the funding gap needed in Malaysia to achieve the United Nations’ (UN) Sustainable Development Goals (SDGs) by 2030.</p>


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<p>KUALA LUMPUR (April 16): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday:</p>


<p>Former prime minister Tun Dr Mahathir Mohamad said on Tuesday that the Malaysian Anti-Corruption Commission (MACC) has accused him of abusing power for personal gain.</p>


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<p>The suspect who opened fire at the Kuala Lumpur International Airport (KLIA) Terminal 1 Arrival&nbsp;Hall&nbsp;on early&nbsp;Sunday morning, before being arrested in Kota Bharu on Monday, is believed to have been trying to escape to a neighbouring country.</p>


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<p>KUALA LUMPUR (April 16): The 14-year-old daughter of Lahad Datu police chief ACP Dzulbaharin Ismail was found dead in a pool of blood, in a room at her home in Taman Tabanak, Lahad Datu on Tuesday.</p>


<p>KUALA LUMPUR (April 16): Express carrier GDEX Bhd, which has been in the red for the last two financial years, is planning to diversify into the provision of information technology (IT) services and solutions to enhance its revenue stream.</p>
