<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on May 16, 2019</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) chief executive officer (CEO), Amir Hamzah Azizan, 52, has exited UEM Edgenta Bhd’s board of directors.</p></div>

<div class=newsTextDataWrapInner><p>In a bourse filing, UEM Edgenta said Amir, who was appointed TNB CEO on April 2, has retired as its non-executive and non-independent chairman, effective yesterday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>According to UEM Edgenta’s 2018 Annual Report, Amir was first appointed to its board on July 1, 2016, as an independent and non-executive director.</p></div>

<div class=newsTextDataWrapInner><p>Formerly the managing director of Icon Offshore Bhd, Amir is the son of the late former Petronas president Tun Azizan Zainul Abidin.</p></div>

<div class=newsTextDataWrapInner><p>UEM Edgenta shares closed one sen or 0.37% lower at RM2.72 yesterday.</p></div>


KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) chief executive officer (CEO), Amir Hamzah Azizan, 52, has exited UEM Edgenta Bhd’s board of directors.

In a bourse filing, UEM Edgenta said Amir, who was appointed TNB CEO on April 2, has retired as its non-executive and non-independent chairma...

TNB CEO Amir Hamzah exits UEM Edgenta’s board

Bursa

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The People’s Bank of China (PBOC) ramped up its verbal pushback against the rally in long-term government bonds, warning of a reversal and hinting that a mismatch between market prices and the economic outlook will be corrected.

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More than a year since China reopened its borders, some 63% of its residents say they’re ready to return to exploring the world, according to a survey published on Wednesday, which Bloomberg previewed. They plan to venture farther afield than previously, with just 10% spurning international travel altogether— a significant shift from a year ago, when more than half of China’s consumers said they had no plans to go abroad and 31% said they weren’t even interested.

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Heineken sold more beer than expected in the first quarter, reporting its first quarterly year-on-year growth in volumes in a year as it stuck to its forecast for profit growth in 2024.

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<p>Farm Price Holdings Bhd on Wednesday began taking orders from investors for its initial public offering (IPO) on the ACE Market to raise up to RM32.4 million.</p>

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<p>Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.&nbsp;</p>


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<p>One of the world’s busiest land checkpoints is set to become less congested as Malaysians travelling to Singapore on factory buses will be able to clear immigration through QR code.</p>


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<p>Rakuten Trade said NationGate Holdings Bhd may extend its upward trajectory after breaking out from its one-month rectangular pattern on Tuesday.</p>


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<p>Shares of DXN Holdings Bhd surged on Wednesday to its highest in more than a month as analysts continued to urge investors to buy the stock after the health supplement company’s fourth-quarter (4Q) results.</p>


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<p>Global shares rose on Tuesday, with investors on Wall Street focused on earnings reports from the US megacaps, and the yen tumbled to multi-year lows against the dollar and the euro.</p>


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<p>Haily Group Bhd shares continued their uptrend on Wednesday to a near all-time high, after the construction outfit won a RM109.5 million contract for terrace houses in Pontian, Johor.</p>


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<p>Tesla Inc is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.</p>


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<p>Gold’s record-setting rally this year has puzzled market watchers, as bullion has roared higher, despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.</p>


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<p>Bursa Malaysia opened higher on Wednesday, tracking Wall Street's upbeat overnight performance, as confidence was buoyed by a spate of solid corporate earnings that many see as a precursor of those from the mega caps which will be reported over the next few days, said an analyst.</p>


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<p>This was supposed to be the year that Vietnam reaped the benefits from one of its largest natural gas discoveries.</p>


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<p>Meta Bright Group Bhd said its wholly owned subsidiary FBO Land (Serendah) Sdn Bhd and Doople Tech Sdn Bhd have entered a solar supply agreement with Cherengin Hills Sdn Bhd, following its recent collaboration with Doople to form a joint venture (JV) company to bid for renewable energy (RE) projects with a Bumiputera equity requirement.</p>


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<p>Sunway Putra Hotel Kuala Lumpur marked the commencement of its lobby area refurbishment with a ground-breaking ceremony.</p>
