<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on April 16, 2019</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Export-Import Bank of Malaysia Bhd (Exim Bank) has named Datuk Feizal Mustapha as its new chairman, succeeding Datuk Mat Noor Nawi who retired on Sept 30 last year. Feizal’s appointment took effect on April 9.</p></div>

<div class=newsTextDataWrapInner><p>In a statement yesterday, Exim Bank said Feizal has over 25 years of experience in the country’s capital market.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Before joining Exim Bank, he was with BDO Malaysia, which he joined in 2012 as executive director, advisory, and became its chairman in 2015, until recently. He is currently a director of the firm.</p></div>

<div class=newsTextDataWrapInner><p>He was also recently appointed to the board of Widad Group Bhd, a Bursa Malaysia-listed firm, as its chairman.</p></div>

<div class=newsTextDataWrapInner><p>Prior to that, he was with the Securities Commission for 19 years in various capacities and capital market areas.</p></div>

<div class=newsTextDataWrapInner><p>“Exim Bank welcomes the appointment of Datuk Feizal Mustapha as the new chairman. With his vast experience in the corporate finance and advisory fields, his appointment is timely to continue and steer Exim Bank to greater heights,” the statement read.</p></div>


KUALA LUMPUR: Export-Import Bank of Malaysia Bhd (Exim Bank) has named Datuk Feizal Mustapha as its new chairman, succeeding Datuk Mat Noor Nawi who retired on Sept 30 last year. Feizal’s appointment took effect on April 9.

In a statement yesterday, Exim Bank said Feizal has over 25 yea...

Ex-BDO Malaysia chairman Feizal Mustapha is now Exim Bank boss

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The US plans to award Micron Technology Inc US$6.1 billion (RM29.14 billion) in grants and as much as US$7.5 billion in loans to help the memory-chip maker build new American factories, rounding out a slew of major federal awards for advanced semiconductor manufacturing.

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The Council of Palm Oil Producing Countries (CPOPC) has called on the European Union to delay the implementation of deforestation rules by at least a year for small businesses, its secretary general said on Thursday.

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Shares of CapitaLand Malaysia Trust (CLMT) surged on Thursday to its highest in nearly four years while analysts remained upbeat following better-than-expected first-quarter (1Q) results.

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<p>KUALA LUMPUR (April 25): Members of the the Employees Provident Fund (EPF) who are below 55 years old will have an Account 3 starting from May 11, from which they can make withdrawals at any time for any purpose —&nbsp;subject to a minimum withdrawal amount of RM50. This is on top of the two existing accounts they currently have for retirement savings.&nbsp;</p>


EPF members under age 55 will have Account 3 starting May 11

<p>Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered US$100 billion (RM478.35 billion) property project that counts the country’s monarch as one of its shareholders.</p>


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<p>Wireless carrier Axiata Group Bhd and conglomerate PT Sinar Mas Group are moving forward with plans to merge their telecommunications operations in Indonesia, people familiar with the matter said.</p>


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<p>KUALA LUMPUR (April 25): Mega First Corp Bhd shares have likely peaked following a recent rally to new all-time highs, and investors should stop buying the stock now, Maybank Investment Bank (Maybank IB) said and downgraded the stock to ‘hold’.</p>

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<p>Prime Minister Datuk Seri Anwar Ibrahim on Thursday denied claims that the government will issue a licence for the operation of a casino in Forest City, Johor.</p>


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<p>Malaysia’s consumer inflation came in lower than expected in March from a year earlier as prices of healthcare and food rose at a slower pace, official data on Thursday showed.</p>

<p>The Consumer Price Index — Malaysia’s main gauge of inflation — rose 1.8% year-on-year, according to the Department of Statistics. The headline figure was a tad lower than the median 2% rise predicted in a Bloomberg survey of economists, and unchanged versus February’s 1.8% gain.</p>


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<p>KUALA LUMPUR (April 25): Agricore CS Holdings Bhd, a food ingredients supplier, has obtained approval from Bursa Malaysia Securities Bhd to list on its ACE Market.</p>


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<p>RHB Retail Research said Naim Holdings Bhd is likely to resume its uptrend after the recent consolidation above the 97.5 sen breakout level.</p>


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<p>The Court of Appeal has allowed a bid by Tan Sri Muhyiddin Yassin to have a bench of five judges to hear his review application to restore his acquittal by the High Court of four of his abuse of power charges last year.</p>

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<p>JOHOR BAHRU (April 25): The Johor branch of the Malaysian Quarantine and Inspection Services Department (Maqis) found parasitic worms Anisakis sp in samples of sardine cans from China that were brought in through the Sultan Iskandar Building (BSI) here, earlier this month.</p>


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<p>RHB Retail Research said NationGate Holdings Bhd is observing a technical breakout after climbing above the RM1.70 immediate resistance on surging trading volume.</p>


NationGate is observing technical breakout, says RHB Retail Research 

<p>Singapore's Keppel said on Thursday its first-quarter net profit excluding the effects of legacy offshore and marine assets was higher, boosted by strong performance in the global asset manager's infrastructure and connectivity segments.</p>
