<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Sept 3): Apex Healthcare Bhd said it has inked an agreement with Innova Bio-Medical Pte Ltd to supply the Sinopharm Covid-19 vaccine to private healthcare practitioners in Singapore.</p></div>

<div class=newsTextDataWrapInner><p>Innova is part of the Innova Medical Group, a global company specializing in innovative screening, testing and diagnostics for cancer, heart disease, arterial calcification, stroke, and virus detection focused on infectious diseases.</p></div>

<div class=newsTextDataWrapInner><p>Under the deal, Innova will supply the Chinese-made vaccine to Apex’s wholly-owned unit in Singapore, Apex Pharma Marketing Pte Ltd, for onward sale and distribution to hospitals and private clinics within the city state, said Apex Healthcare.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>&nbsp;“Based on confirmed orders, the initial quantity to be supplied is 31,600 doses and is scheduled for arrival in mid-September. Planning is ongoing for future supplies,” the pharmaceutical group added in a bourse filing.</p></div>

<div class=newsTextDataWrapInner><p>Apex Heathcare said the agreement is not expected to have any material effect on its financial performance.</p></div>

<div class=newsTextDataWrapInner><p>But it said the initial supply of the Sinopharm vaccine to private healthcare practitioners in Singapore marks the group’s commitment in supporting national vaccination efforts.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Apex Healthcare closed unchanged at RM3.01 today, valuing the group at RM1.43 billion.</p></div>


KUALA LUMPUR (Sept 3): Apex Healthcare Bhd said it has inked an agreement with Innova Bio-Medical Pte Ltd to supply the Sinopharm Covid-19 vaccine to private healthcare practitioners in Singapore.

Apex Healthcare to distribute Sinopharm vaccine in Singapore

Malaysia’s construction tender price inflation is expected to grow by 3% in 2024, compared to the previous year, driven by various factors such as project type, industry procurement strategy and currency fluctuations, according to a report by global professional services company Turner & Townsend.

Malaysia’s construction tender price inflation expected to grow by 3% in 2024, says Turner & Townsend

The ringgit lost ground slightly against the US dollar as the market awaits more macro data releases this week, including the US advance gross domestic product (GDP) for the first quarter and March personal consumption expenditures (PCE) data to gauge the future interest rate outlook.

Ringgit opens slightly easier against US dollar

Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.

October hearing for Rosmah's appeal in solar project graft trial

Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.

Bursa up in early trade, tracking Wall Street overnight

(April 22): Geopolitical risk topped the list of concerns among U.S. corporate credit investors, according to a new survey by BofA Global Research.

The finding coincides with an escalation in the conflict in the Middle East. Israel has been fighting the Hamas and Hezbollah militant...

Geopolitical tensions are US credit investors' top concern, BofA survey says

Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.

Topmix surges 32% on ACE Market debut

(April 22): U.S. companies borrowed 7% less to finance equipment investments in March compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Monday.

Companies signed up for new loans, leases and lines of credit worth $9.3 billion in March, up...

US business equipment borrowings fell 7% in March, ELFA says

NEW YORK (April 23): A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating more funds to the asset class to lock in higher yields ahead of interest rate cuts by the Federal Reserve, a prospect that remains investors’ base case despite U.S. economic resil...

US bond bulls lean into latest selloff despite inflation scare

BENGALURU/CHENNAI (April 23): Most Indian consumer goods makers are unlikely to see a recovery in volumes in the fourth quarter, analysts said on Monday, indicating that any improvement can only be expected by the December-quarter.

Firms such as Godrej Consumer Products, which owns the ...

India's consumer goods makers to see more delays in recovery

The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.

Najib's 1MDB-Tanore trial live reporting (April 23)

<p>The Edge covers former Malaysian Prime Minister Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial live.</p>




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


Sapura Energy, Keyfield, Awantec, CPE Technology, Axis REIT, Unitrade, Sunview, Iris Corp, ITMAX, Gadang, Ancom Nylex, Ornapaper, Powerwell, HHRG

<p>Shares of Topmix Bhd surged 32% in its trading debut on Tuesday after the surface decorative products company’s initial public offering (IPO) on the ACE Market raised RM31.7 million.</p>


<p>Malaysia is poised to become a powerhouse in clean and renewable energy in the Southeast Asian region, especially with the emergence of high-tech industries ramping up electricity demand, said industry players.</p>


Malaysia poised to become powerhouse in clean, renewable energy, industry players say

<p>Brazil's government said on Monday that four additional poultry plants have been cleared to sell halal products to Malaysia, a move it hopes will allow exports to the Asian country to double when compared to last year's levels.</p>


Brazil says Malaysia clears four more halal poultry plants for export

<p>About 100 staff of Tasek Corporation Berhad staff, one of the oldest integrated cement plant in Malaysia, picketed in front of their factory at the Tasek Industrial Park, near here on Monday, after management refused to accept a proposed impartial collective agreement (CA) that contains 44 articles.</p>


Tasek Corp staff picket for better wages, terms in Ipoh

<p>Investors scaled back safe-haven bets on Monday as worries over a wider Middle East conflict eased, boosting world equities and pressuring gold, oil and bond prices.</p>


Equities gain, gold drops as fears of wider Middle East conflict ease

<p>Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health.</p>


Wall Street stocks end higher with major corporate earnings in view

<p>(April 23): South Korea is emerging as a closely watched weak link in the US$63 trillion world of shadow banking.</p>

<p>Real estate exposure has been showing cracks at home and abroad after interest rates rose, prompting financial firms including T. Rowe Price Group Inc. and Nomura Holdings I...

Shadow banking stress in South Korea sends warning to global investors

<p>Rakuten Trade has a “buy” rating on ACE Market-bound surface decorative products company Topmix Bhd at an initial public offering (IPO) price of 31 sen, with a fair value of 40 sen based on financial year 2024 (FY2024) forecast price-earnings (PE) of 15x, in line with industry peers.</p>


Rakuten Trade values Topmix at 40 sen, expects FY2023-FY2026 earnings to grow at CAGR of 25%

<p>Hong Leong Investment Bank (HLIB) has a “trading buy” rating on SDS Group Bhd and said with 33 of its F&amp;B outlets situated across Johor state, and a wholesale segment that is focusing in this region, SDS appears strategically positioned to leverage the burgeoning vibrancy in Johor, propelled further by the continuous influx of visitors from Singapore.</p>


SDS strategically positioned to leverage burgeoning vibrancy in Johor, says HLIB 

<p>In Part 1, I outlined three possible scenarios for voter turnout and support for the DAP/PH/unity government candidate in the upcoming by-election in Kuala Kubu Baharu (KKB), out of which there is only one scenario where the incumbent manages to defend the seat. In this concluding part of this article, I will outline some of the likely and desired parameters of contestation during the campaign.</p>


Kuala Kubu Baharu by-election: The challenges for DAP, PH, unity government — Part 2

<p>SYDNEY (April 23): An Australian court has ordered X to hide some posts commenting on the stabbing of a bishop in Sydney, deepening a war of words between the social media platform's owner Elon Musk and Australian Prime Minister Anthony Albanese.</p>

<p>Australia's federal court late on Monday...

Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts

<p>Bursa Malaysia opened higher on Tuesday, taking its cue from Wall Street’s better performance overnight, as sentiment improves after Iran said it will not escalate the conflict with Israel, said an analyst.</p>


<p>KUALA LUMPUR (April 23): RHB Retail Research said Cloudpoint Technology Bhd is eyeing an uptrend movement after rebounding from the immediate support, testing the 64 sen immediate resistance level.</p>

<p>In a trading stocks note on Tuesday, the research house said that if the stock surpasses ...

Cloudpoint Technology eyeing an uptrend movement, says RHB Retail Research 

<p>NEW YORK (April 22):&nbsp;U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, prompting banks to become more cautious about dishing out credit cards and car loans.</p>

<p>A growing number of Americans ha...

US consumers on lower incomes face loan stress while banks pull back

<p>Bitcoin's so-called halving event has had little impact on its price so far, with industry insiders on Monday saying the cryptocurrency's fortunes were more closely tied to broader financial market sentiment and geopolitics.</p>

<p>Bitcoin enthusiasts had eagerly waited for the "halving" — a change to the cryptocurrency's underlying technology that happened around 0014 GMT on Saturday and is designed to cut the rate at which new bitcoins are created.</p>


Bitcoin traders shrug off 'halving' to focus on broader market risks

<p>The ringgit lost ground slightly against the US dollar as the market awaits more macro data releases this week, including the US advance gross domestic product (GDP) for the first quarter and March personal consumption expenditures (PCE) data to gauge the future interest rate outlook. &nbsp;</p>


<p>Datin Seri Rosmah Mansor's appeal against her guilty conviction and sentence over all three counts of graft pertaining to the RM1.25 billion solar hybrid project for 369 rural schools in Sarawak will be heard in October.</p>


<p>(April 23): The former Goldman Sachs executive who’s taking over as board chair at Gildan Activewear Inc. called for an end to the shareholder rebellion that has left the clothing company’s future in limbo.</p>

<p>“We need the egos and the drama-seekers to get away so we can get on with creati...