<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 3): Sime Darby Bhd's potential sale of its entire 30% stake in Tesco Malaysia could result in a 25 sen/share dividend for shareholders, says Maybank IB Research.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>The brokerage estimates Tesco Malaysia, with 74 outlets in the country, could be valued up to US$2 billion; Sime Darby Bhd stands to gain up to RM1.7 billion from its shareholding.&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>Maybank notes that Tesco is keen to sell its Asia operations and has invited prospective bids for its businesses in Thailand and Malaysia.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Maybank IB maintains its buy rating for Sime Darby Bhd with an unchanged target price of RM2.58.</p></div>


Sime Darby Bhd's potential sale of its entire 30% stake in Tesco Malaysia could result in a 25 sen/share dividend for shareholders, says Maybank IB Research.

Sime Darby Bhd holders in for windfall if Tesco Malaysia stake sold

Building on its near 20-year partnership with Lancaster University and in support of its esteemed collaborations with Harvard, Oxford, Cambridge and MIT, Sunway University is now proud to announce its newest partnership with Arizona State University (ASU). This illustrious portfolio of partnerships continues to highlight Sunway’s ongoing commitment to providing students with exceptional educational opportunities.

Sunway’s breakthrough partnership brings the US’ most innovative education to Malaysia

Yang di-Pertuan Agong Sultan Ibrahim Sultan Iskandar and Raja Permaisuri Agong Raja Zarith Sofiah will undertake a state visit to Singapore on May 6 and 7, 2024 at the invitation of the republic's President Tharman Shanmugaratnam.

King, Queen to make first overseas state visit to Singapore 

Prime Minister Benjamin Netanyahu's cabinet decided on Sunday to shut down Al Jazeera's operations in Israel for as long as the war in Gaza continues, on the grounds the Qatari television network threatens national security.

Israeli cabinet votes to shut down Al Jazeera's local operations

Sarawak will consult with Attorney General Datuk Ahmad Terrirudin Mohd Salleh to determine the most appropriate term to replace the word "state" in Sarawak State Legislative Assembly, based on the Federal Constitution.

Abang Johari: Sarawak to consult AG on appropriate term to replace ‘state’

Datuk Seri Anwar Ibrahim has urged all implementing agencies, particularly ministries, to prioritise the training of young people on artificial intelligence (AI) so that the country does not fall behind in this field.

PM wants AI, TVET-related training ramped up for country’s youth

The Ministry of Home Affairs (KDN) is currently formulating a strategy to enhance use of technology, particularly artificial intelligence (AI), for stricter border control measures.

Home Ministry looking to employ AI tech to tighten border control, says Saifuddin

The Perak government has agreed to supply water to Penang through the Kerian Integrated Green Industrial Park to Seberang Perai.

Perak has agreed to supply water to Penang, says Anwar

Prime Minister Datuk Seri Anwar Ibrahim described foreign media reports regarding fuel subsidy cuts as unethical, and said that no final decision had been made at the Cabinet level regarding the issue.

Anwar lambasts foreign media over reports on fuel subsidy cut

The UK’s Labour Party is set to impose value-added tax (VAT) on boarding fees as well as private education in the country if it wins the next election, Financial Times (FT) reported, citing party insiders.

UK’s Labour to impose VAT on boarding fees, private education — FT

Kedah Menteri Besar Datuk Seri Muhammad Sanusi Md Nor apologised to Prime Minister Datuk Seri Anwar Ibrahim and Cabinet ministers who attended the state-level Madani Aidilfitri celebration on Saturday night.

Kedah MB apologises to Anwar, Cabinet over ‘inappropriate remarks’

<p>Sarawak will consult with Attorney General Datuk Ahmad Terrirudin Mohd Salleh to determine the most appropriate term to replace the word "state" in Sarawak State Legislative Assembly, based on the Federal Constitution.</p>


<p>Yang di-Pertuan Agong Sultan Ibrahim Sultan Iskandar and Raja Permaisuri Agong Raja Zarith Sofiah will undertake a state visit to Singapore on May 6 and 7, 2024 at the invitation of the republic's President Tharman Shanmugaratnam.</p>


<p>Prime Minister Benjamin Netanyahu's cabinet decided on Sunday to shut down <i>Al Jazeera</i>'s operations in Israel for as long as the war in Gaza continues, on the grounds the Qatari television network threatens national security.</p>


<p>Building on its near 20-year partnership with Lancaster University and in support of its esteemed collaborations with Harvard, Oxford, Cambridge and MIT, Sunway University is now proud to announce its newest partnership with Arizona State University (ASU). This illustrious portfolio of partnerships continues to highlight Sunway’s ongoing commitment to providing students with exceptional educational opportunities.</p>
