<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 28): Suria Capital Holdings Bhd has appointed Tan Sri Ibrahim Menudin as its independent and non-executive chairman, effective today, following the resignation of Datuk Faisyal Yusof Hamdain Diego.</p></div>

<div class=newsTextDataWrapInner><p>Ibrahim, 70, was formerly chairman of the company from 2002 to 2012, Suria Capital said in a stock exchange filing today. He has also previously been a director of SapuraCrest Petroleum Bhd and special adviser to the Chief Minister of Sabah.</p></div>

<div class=newsTextDataWrapInner><p>On top of that, Ibrahim was group chief executive officer of Malaysia Mining Corp Bhd (MMC) between 1986 and 2001, throughout which he was also chairman of Malaysia Smelting Corp Bhd.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Meanwhile, Faisyal, 55, had resigned to pursue other interests, Suria Capital said. He currently sits on the board of KUB Malaysia Bhd and has been a board member of Bursa Malaysia Bhd as well as the Association Concrete Products (Sabah) Sdn Bhd.</p></div>

<div class=newsTextDataWrapInner><p>Faisyal has a direct interest of 20,000 shares in the group while Ibrahim has none, according to Suria Capital.</p></div>

<div class=newsTextDataWrapInner><p>Shares in the property developer closed down 2 sen or 1.2% at RM1.65 today, leaving the group with a market capitalisation of RM475.5 million.</p></div>

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KUALA LUMPUR (May 28): Suria Capital Holdings Bhd has appointed Tan Sri Ibrahim Menudin as its independent and non-executive chairman, effective today, following the resignation of Datuk Faisyal Yusof Hamdain Diego.

Ibrahim, 70, was formerly chairman of the company from 2002 to 2012, Su...

Ibrahim Menudin is once again chairman of Suria Capital

The Malaysian Anti-Corruption Commission (MACC) has confirmed that former prime minister Tun Dr Mahathir Mohamad is among individuals under investigation by the commission.

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KUALA LUMPUR (April 25): Economy Minister Rafizi Ramli said the government will share details on the subsidy rationalisation plan, including its criteria and implications soon.

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Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower income from trading and a drought of M&A fees showed the difficulties it will face in delivering its first strategic revamp in a decade.

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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.

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Former prime minister Tun Abdullah Ahmad Badawi was admitted to the National Heart Institute (IJN) at 3pm on Wednesday to undergo his weekly physiotherapy session and is in good and stable condition.

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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>


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<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>Binance co-founder Changpeng Zhao is facing up to three years in prison if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.</p>


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<p>Shares of YTL Corp Bhd rallied to a new all-time high on Thursday after Hong Leong Investment Bank (HLIB) flagged more upside even after a 42% year-to-date surge.</p>


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<p>Digital Nasional Bhd (DNB), the state-owned company in charge of the 5G network infrastructure rollout, on Thursday named five new board members, comprising senior leaders from the telecom and technology industries.</p>


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<p>A made-in-China electric vehicle (EV) will hit US dealers this summer offering power and efficiency similar to the Tesla Model Y, the world's best-selling EV, but for about US$8,000 (RM38,228) less.</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>A disappointing earnings report from Meta Platforms Inc has technology investors on edge with results from some of the stock market’s biggest and most important companies due in the coming days.</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>

<p>Maybank IB is the first from a total of fi...

Mega First shares likely peaked; Maybank IB the first to downgrade stock

<p>Housing and Local Government Minister Nga Kor Ming’s press secretary Pang Sock Tao was announced as the unity government’s candidate for the Kuala Kubu Baharu by-election on May 11.</p>


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<p>Sports retailer Al-Ikhsan Sports Sdn Bhd, in which state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) owns a 35% stake, has appointed Datuk Hishammudin Hasan as its new chief executive officer effective April 17.</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>

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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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NationGate is observing technical breakout, says RHB Retail Research 

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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>

<p>His lawyer Chetan Jethwani said that Court of Appeal deputy registrar Muhammad Noor Firdaus Rosli informed the parties of the matter on Thursday morning during case management.</p>


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<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>


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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>


<p>Benchmark S&amp;P 500 closed higher in choppy trading on Wednesday, as investors weighed an uptick in Treasury yields amid positive corporate results particularly from technology giants.</p>
