Day: September 30, 2024

KUALA SELANGOR, A security guard was charged in the Magistrate’s Court here today with the murder of his colleague. Wan Shahrizan Wan Kadir, 26, nodded after the charge was read out to him before Magistrate Siti Hajar Ali. However, no plea was recorded as the murder case is under the jurisdiction of the High Court. Wan ShahrizanTwas charged with killing Raja Azman Raja Abdul Tahir, 43, at a guard house of a school in Sabak Bernam near here between 2.30 am and 4 am last Sept 15. The charge, under Section 302 of the Penal Code, provides death by hanging

KUALA LUMPUR, Bursa Malaysia ended the morning session lower today, in line with the weaker performance in the regional markets due to the geopolitical concerns in the Middle East, said an analyst. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was down 6.06 points, or 0.37 per cent, to 1,654.03, against Friday’s close of 1,660.09. The benchmark index opened 1.80 points higher at 1,661.89. Across the broader market, decliners outnumbered advancers 604 to 399, with 439 counters unchanged, 1,040 untraded and 79 suspended. Turnover stood at 2.32 billion shares worth RM1.25 billion. Rakuten Trade Sdn Bhd equity research

KUALA LUMPUR, The adoption of the refreshed Global Internal Audit Standards, set to take effect on Jan 9, 2025, is poised to bolster Malaysia’s competitiveness, according to the Institute of Internal Auditors Malaysia (IIA Malaysia). Its president, Mohd Khaidzir Shahari noted that the Global Standards, grounded in 15 guiding principles, offer board members, management, and other functions the chance to collaborate closely with internal auditors as transformation partners in addressing emerging threats and seizing opportunities. ‘Internal audit should now work alongside management, keeping the chief executive officer and the board informed about any risks confronting the company. ‘These are the

KUALA LUMPUR, Yinson Holdings Bhd posted a lower net profit of RM203 million during the second quarter (2Q) ended July 31, 2024 (FY 2025), compared with RM230 million in the same quarter last year. Revenue was also down to RM2.14 billion from RM3.11 billion previously, mainly due to lower contributions from engineering, procurement, construction, installation and commissioning (EPCIC) business activities. In a Bursa Malaysia filing, Yinson said this is a result of lower reported progress for the group’s floating production storage and offloading (FPSOs) under construction in the current quarter. For the first half (1H) of FY 2025, the group

TOKYO, On September 30, 2024, Kao Corporation (TOKYO:4452) (President and CEO: Yoshihiro Hasebe) signed a Memorandum of Understanding with Charoen Pokphand (C.P.) Group, Thailand’s leading conglomerate, in order to collaborate on promoting a sustainable future in Thailand. Kao will work with C.P. Group, which operates 7-Eleven convenience stores and supermarkets, to provide environmentally friendly products in the daily goods sector and foster sustainable cooperation in the chemical business. As Kao celebrates its 60th anniversary in Thailand, the company will promote efforts to enrich the lives of Thai people through a global perspective and partnerships. 1. Background Kao’s mid-term plan “K27”