<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 23): Engineering solutions provider Serba Dinamik Holdings Bhd’s share trade was suspended between 2.30pm and 5pm today, pending a material announcement of a fundraising exercise, according to its Bursa Malaysia filings.</p></div>

<div class=newsTextDataWrapInner><p>Affin Hwang Investment Bank, which represents Serba Dinamik, said Serba Dinamik today requested for the suspension of trading of its securities from 2.30pm to 5pm.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>"The request for a suspension was made under Paragraph 3.1(b) of Practice Note 2 of the Main Market Listing Requirements of Bursa Malaysia, pending a material announcement in relation to a fundraising exercise to be released by the company,” Affin Hwang said.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Prior to the suspension, Serba Dinamik shares were last traded up three sen or 1.89% at RM1.62, with a market capitalisation of RM4.97 billion.</p></div>

<div class=newsTextDataWrapInner><p><em>See also:<br />
<a href="https://www.theedgemarkets.com/article/serba-dinamik-raise-rm580m-private-placement" target="_blank">Serba Dinamik to raise up to RM580m via private placement</a></em></p></div>


Engineering solutions provider Serba Dinamik Holdings Bhd’s share trade was suspended between 2.30pm and 5pm today, pending a material announcement of a fundraising exercise, according to its Bursa Malaysia filings.

Serba Dinamik to announce fundraising exercise, share trade suspended

L’Occitane International SA’s billionaire owner Reinold Geiger is close to making an offer to take the skin-care company private, according to people familiar with the matter, in a deal that could value the firm at about US$7 billion (RM33.4 billion) including debt.

Billionaire Geiger said to near US$7b L’Occitane buyout

When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.

US ramps up help as countries plan response to China’s bullying

KUALA LUMPUR (April 29): Mercury Securities Sdn Bhd has recommended investors “subscribe” ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value (FV) of 29 sen based on 13x FY24F EPS, translating to 21% upside to IPO price.

In a not...

Mercury Securities advises investors to subscribe ACE Market bound Farm Price with fair value of 29 sen 

An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China's big banks are throttling payments for such transactions out of concern over US sanctions.

China firms go 'underground' on Russia payments as banks pull back

Hong Kong-based insurer AIA Group on Monday posted a 31% rise in its first-quarter value of new business (VONB) on a constant exchange currency basis helped by strong performance across segments, and announced an additional US$2 billion (RM9.5 billion) share buyback.

Insurer AIA's 1Q new business value rises 31%, announces US$2b buyback

A Democratic senator on Sunday questioned whether the Biden administration was properly assessing whether Israel was complying with international law, following a Reuters report that some senior US officials did not find that country's assurances credible.

US senator questions whether State Dept properly assessing Israel conduct

Border Force staff at Britain's busiest airport, Heathrow, will go on strike for four days from Monday, in protest over changes to their working conditions.

UK border force staff to strike at Heathrow from Monday

Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full Self-Driving (FSD) software and permission to transfer data overseas, according to a person with knowledge of the matter.

Elon Musk visits China as Tesla seeks self-driving technology rollout

Malaysia is making significant strides in the drone technology sector, with top drone services companies like Aerodyne Group, Meraque Group and Aonic Group currently ranked among the best in the world based on their size, growth, funding and visibility.

Malaysia’s drone tech landscape set to fly high

Once renowned as avid overseas tourists, the Japanese are staying closer to home these days.

Weaker yen keeps Japanese tourists at home while visitors throng

<p>KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) is investigating a senior leader in the northern region on suspicion of appointing several companies believed to be linked to him for supply projects valued at about RM300,000.</p>


Senior leader under probe for suspected cronyism over supply projects

<p>KUALA LUMPUR (April 28): The Malaysian Anti-Corruption Commission (MACC) has requested information from German authorities concerning the alleged acquisition of luxury vehicles in Germany, financed by 1Malaysia Development Bhd (1MDB) funds, according to MACC chief commissioner Tan Sri Azam Baki.</p>


MACC probes alleged luxury car buys in Germany with 1MDB funds

<p>KOTA BHARU (April 28): Oil and gas exploration and production outfit Hibiscus Petroleum Bhd is looking to leverage the economic boom in the Tok Bali area (in Kelantan), by using it as one of its operating hubs.&nbsp;</p>


Hibiscus Petroleum looking to leverage the economic boom in Tok Bali

<p>CAIRO (April 28): Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum approved a new passenger terminal in Al Maktoum International airport worth 128 billion AED (US$34.85 billion), he said on Sunday in a post on X.</p>


Dubai ruler approves new US$35 bil airport terminal

<p>KUALA LUMPUR (April 28): Police have verified the arrest of Chegu Bard, also known as Badrul Hisham Shaharin, a member of Parti Pribumi Bersatu Malaysia's Information Committee, on Saturday (April 27), and are launching an investigation into his Facebook post regarding the purported opening of a casino in Forest City.</p>


Police detain Chegu Bard, launch investigation into casino statement

<p>RIYADH (April 28): Agrobank&nbsp;president and chief executive officer Tengku Ahmad Badli Shah Raja Hussin has been re-elected as vice-chairman of the Association of National Development Finance Institutions in Member Countries of the Islamic Development Bank (Adfimi) from 2025-2027.</p>


Agrobank’s Tengku Ahmad Badli Shah re-elected as Islamic bank association’s vice-chairman for 2025-2027

<p>KUALA LUMPUR (April 28): Malaysia believes there is a need to revisit commitments to sustainable development, efficient global resources and fair and balanced trade among countries, said the Ministry of Investment, Trade and Industry (Miti).</p>


Zafrul: Trade-related and ESG measures must be fair to developing countries

<p>RIYADH (April 28): The Asean-Gulf Cooperation Council (Asean-GCC) should find mechanisms to advance trade, investments, collaboration and research, said Malaysian Prime Minister Datuk Seri Anwar Ibrahim.</p>


Asean-Gulf Cooperation Council should find mechanisms to advance trade, investment — Anwar

<p>RIYADH (April 28):&nbsp;Prime Minister Datuk Seri Anwar Ibrahi&nbsp;held a bilateral meeting with President Paul Kagame of Rwanda on the sidelines of the World Economic Forum (WEF) Special Meeting here on Sunday.</p>


Anwar holds meeting with President of Rwanda

<p>Once renowned as avid overseas tourists, the Japanese are staying closer to home these days.</p>


<p>CAIRO (&nbsp;April 28): A Hamas delegation will visit Cairo on Monday for talks aimed at securing a ceasefire, a Hamas official told <em>Reuters</em> on Sunday, as mediators stepped up efforts to reach a deal ahead of an Israeli assault on the southern city of Rafah.</p>


Hamas delegation to visit Cairo on Monday for Gaza ceasefire talks, Hamas official says

<p>When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.</p>


<p>KUALA LUMPUR (April 29): Mercury Securities Sdn Bhd has recommended investors “subscribe” ACE Market-bound Farm Price Holdings Bhd at an initial public offering (IPO) price of 24 sen and a fair value (FV) of 29 sen based on 13x FY24F EPS, translating to 21% upside to IPO price.</p>

<p>In a not...

<p>BEIJING/TOKYO (April 28): China's coast guard confronted Japanese lawmakers in waters claimed by both countries in the East China Sea, China's embassy in Tokyo and Japanese media said on Sunday, the latest in a series of maritime disputes involving China and its neighbours.</p>


China confronts Japanese politicians in disputed East China Sea area

<p>The 6,272-acre Bandar Sri Sendayan, which is part of the upcoming economic growth area of Malaysia Vision Valley 2.0, is a self-sustaining township in Seremban, Negeri Sembilan where residents will find daily conveniences on their doorstep. It is now offering premium living with Resort Villa, an exclusive RM135.9 million development that consists of just 34 two-storey bungalow villas.</p>


Exclusive luxury offerings at Bandar Sri Sendayan

<p>Ukraine’s government said two servicemen on leave in Germany were fatally stabbed and a Russian suspect was arrested on murder charges.</p>


Russian arrested in Germany in fatal stabbing of two Ukrainians

<p>An appliance maker in southern China is finding it hard to ship its products to Russia, not because of any problems with the gadgets but because China's big banks are throttling payments for such transactions out of concern over US sanctions.</p>


<p>Arsenal held on to beat battling local rivals Tottenham Hotspur 3-2 away and remain a point clear at the top of the Premier League after an emphatic first-half display and a nervous second period in an electric derby atmosphere on Sunday.</p>


Arsenal hang on to beat Spurs, maintain lead at top

<p>Malaysia&nbsp;is making significant strides in the drone technology sector, with top drone services companies like Aerodyne Group, Meraque Group and Aonic Group currently ranked among the best in the world based on their size, growth, funding and visibility.</p>
