<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Jul 4): Seacera Group Bhd was served with a winding up statutory notice for RM15.53 million, it announced on Bursa Malaysia today.</p></div>

<div class=newsTextDataWrapInner><p>The group was served the notice by Messrs A.S. Gill, Thong &amp; Agnes on behalf of Suong Sdn Bh demanding payment for outstanding rental, goods and services tax and agreed liquidated damages over breaches to its tenancy agreement dated Aug 4, 2016 for its factory in Selayang, Selangor.</p></div>

<div class=newsTextDataWrapInner><p>If the RM15.53 million is not settled within 21 days of the date of receipt, Seacera will be deemed unable to pay, and winding up proceedings may be initiated against the company.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Seacera said except for the alleged claim on the liquidated ascertained damages, the rental amount has been fully paid for.</p></div>

<div class=newsTextDataWrapInner><p>The company is seeking the necessary legal advice to deal with the matter and further material development on the matter will be announced accordingly.</p></div>

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KUALA LUMPUR (Jul 4): Seacera Group Bhd was served with a winding up statutory notice for RM15.53 million, it announced on Bursa Malaysia today.

The group was served the notice by Messrs A.S. Gill, Thong & Agnes on behalf of Suong Sdn Bh demanding payment for outstanding rental, goo...

Seacera served winding up statutory notice for RM15.53m

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Top Amazon.com Inc executives including founder Jeff Bezos and chief executive officer Andy Jassy destroyed text messages discussing business, the Federal Trade Commission (FTC) alleged, erasing evidence the agency could have used in its antitrust case against the retail giant.

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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.

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:</p>


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<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>Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.</p>


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<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


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<p>EUPE Corp Bhd's net profit surged by 28.9% to RM14.54 million in the fourth quarter ended Feb 29, 2024 (4QFY2024) from RM11.28 million a year ago, underpinned by a higher contribution from the property development division.</p>


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<p>RHB Retail Research said YTL Corp Bhd is eyeing to extend the upside movement after it staged a bullish breakout.</p>


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<p>Shares of ViTrox Corp Bhd are headed for its worst day in 18 months as first-quarter (1Q) results disappointed investors while analysts turned increasingly cautious on the semiconductor company’s near-term prospects.</p>


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<p>RHB Retail Research said VS Industry Bhd is poised to continue the bullish trajectory after it broke past the key resistance on high volume.</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>


<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>Asian shares rose cautiously on Friday as markets sobered up to the idea that US rate cuts were most likely some time away, while the yen and Japanese government bonds struggled ahead of a closely watched policy decision by the Bank of Japan (BOJ).</p>


<p>China is preparing a United Nations General Assembly resolution that it says is intended to help close gaps between rich and developing countries in the advance of artificial intelligence (AI), an initiative that follows an extensive and ambitious campaign by the US, its biggest AI competitor.</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>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.</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>
