29/04/2025

˻ ͓͚ ˜ ͓͓͖͑

ŃØ¨‰ÐÛº j©´ç #>33>a >9 (9OT $K 8 ŃØ Malaysian Paper

BIZ & FINANCE

8 K1 TOħ#K>8 T' K>1 KO

46/#*; QSFTFOUT FYUSBDUT PG B TFMFDUJPO PG DPNNFOUBSJFT BOE SFTFBSDI SFQPSUT SFDFJWFE GSPN TUPDLCSPLFST PO DPVOUFST UIBU DPVME CF PG JOUFSFTU UP JOWFTUPST

%*4$-"*.&3 5IF JOGPSNBUJPO JT FYUSBDUFE GSPN TUPDLCSPLFST DPNNFOUBSJFT BOE SFTFBSDI SFQPSUT BOE EP OPU SFQSFTFOU UIF WJFXT PS PQJOJPOT PG 4VO .FEJB $PSQPSBUJPO 4EO #IE *U JT OPU B TPMJDJUBUJPO SFDPNNFOEBUJPO PS BO PGGFS UP CVZ PS TFMM UIF FRVJUJFT GFBUVSFE 4VO .FEJB $PSQPSBUJPO TIBMM OPU CF MJBCMF PS SFTQPOTJCMF GPS BOZ DPOTFRVFODFT SFTVMUJOH GSPN VTBHF PG UIF JOGPSNBUJPO

1 $PNQJMFE CZ 4VO#J[ 5FBN

K©º¢¢©Ø ̉¿Ûº Ð Ø¿ ‰º jØ ’©ä‰ī¹¿ºØ¨ ¨©¢¨ j¢j©ºÐØ ¿´´jÌ 5)& SJOHHJU SFCPVOEFE BHBJOTU UIF 64 EPMMBS ZFTUFSEBZ UP GJOJTI BU NPSF UIBO B GJWF NPOUI IJHI BNJE SFOFXFE JOUFSFTU GPMMPXJOH FODPVSBHJOH UBSJGG UBMLT CFUXFFO .BMBZTJB BOE UIF 64 HPWFSONFOU "U QN UIF MPDBM DVSSFODZ XBT IJHIFS BU WFSTVT UIF HSFFOCBDL DPNQBSFE XJUI 'SJEBZ T DMPTF PG 41* "TTFU .BOBHFNFOU NBOBHJOH EJSFDUPS 4UFQIFO *OOFT TBJE UIF SJOHHJU XBT CPPTUFE CZ HSPXJOH PQUJNJTN GPMMPXJOH UIF HPPE TUBSU UP 64 .BMBZTJB USBEF UBMLT SFDFOUMZ i5IF .BMBZTJBO DVSSFODZ JT HBJOJOH TVQQPSU BGUFS SFQPSUT UIBU UIF 64 .BMBZTJB USBEF UBMLT IBWF ATUBSUFE XFMM FOPVHI BOE UIJT EFWFMPQNFOU IBT QVU NBSLFU QFSDFQUJPO JO B WFSZ GBWPVSBCMF MJHIU CPPTUJOH TFOUJNFOU UPXBSET UIF SJOHHJU UPEBZw IF UPME #FSOBNB .FBOXIJMF #BOL .VBNBMBU .BMBZTJB #IE DIJFG FDPOPNJTU %S .PIE "G[BOJ[BN "CEVM 3BTIJE PQJOFE UIBU UIF SJOHHJU JT MJLFMZ UP DPOUJOVF BQQSFDJBUJOH BT QPTJUJWF EFWFMPQNFOUT PWFS UIF UBSJGG OFHPUJBUJPOT BQQFBS UP CF GPSUIDPNJOH "U UIF DMPTF UIF SJOHHJU USBEFE NPTUMZ IJHIFS BHBJOTU B CBTLFU PG NBKPS DVSSFODJFT *U SPTF WFSTVT UIF +BQBOFTF ZFO UP GSPN BU 'SJEBZ T DMPTF BOE TUSFOHUIFOFE WJT B WJT UIF FVSP UP GSPN BU UIF FOE PG MBTU XFFL CVU TMJQQFE BHBJOTU UIF #SJUJTI QPVOE UP GSPN QSFWJPVTMZ .FBOXIJMF UIF SJOHHJU QFSGPSNFE TUSPOHFS BHBJOTU JUT "TFBO QFFST *U GJSNFE WFSTVT UIF 4JOHBQPSF EPMMBS UP GSPN BU 'SJEBZ T DMPTF BOE TUSFOHUIFOFE BHBJOTU UIF 5IBJ CBIU UP GSPN 5IF MPDBM OPUF BMTP SPTF WJT B WJT UIF 1IJMJQQJOF QFTP UP GSPN PO 'SJEBZ

8jçjº² ( ̉¹j©ºÐ É¿Ð©Ø©ä‰ ¿º 8O Љ€Ø¿Ì

怨jº¢‰ Kj؉Ð

"ES +#@ bSS @ t

W 99+@# ]]ŰE bt+@# ]]

bt+@# E

,6"-" -6.163 .BZCBOL *OWFTUNFOU #BOL #IE .BZCBOL *# IBT NBJOUBJOFE JUT iQPTJUJWFw TUBODF PO UIF FMFDUSPOJDT NBOVGBDUVSJOH TFSWJDFT &.4 TFDUPS BNJE QFSTJTUJOH UBSJGG VODFSUBJOUJFT 5IF JOWFTUNFOU CBOL TBJE .BMBZTJBO &.4 QMBZFST SFNBJOFE XFMM QPTJUJPOFE UP CFOFGJU GSPN UIF POHPJOH 64 $IJOB USBEF XBS BOE UIF SFDFOUMZ BOOPVODFE CMBOLFU UBSJGGT PO UIF SFTU PG UIF XPSME SFJOGPSDJOH .BMBZTJB T BUUSBDUJWFOFTT BT B NBOVGBDUVSJOH CBTF DPNQBSFE UP $IJOB i" QPUFOUJBM FBTJOH PG HMPCBM UBSJGGT BOE B MJLFMZ 64 'FEFSBM 'VOET 3BUF DVU JO DPVME DBUBMZTF B SPUBUJPO CBDL JOUP HSPXUI OBNFTw .BZCBOL *# TBJE JO B SFTFBSDI OPUF ZFTUFSEBZ 5IF JOWFTUNFOU CBOL TBJE UIF UPOF PO UIF HSPVOE SFNBJOT MBSHFMZ iCVTJOFTT BT VTVBMw BGUFS NFFUJOH XJUI &.4 BOE NFUBM GBCSJDBUPST JO 1FOBOH .BZCBOL *# TBJE DPODFSOT PWFS UBSJGG BCTPSQUJPO BSF CFMJFWFE UP IBWF MBSHFMZ CFFO BEESFTTFE XJUI NPTU DVTUPNFST FYQFDUFE UP CFBS UIF DPTU BMUIPVHI QBSUJBM DPTU TIBSJOH NBZ TUJMM CF MJLFMZ i5IBU TBJE DPSQPSBUFT GMBHHFE QPUFOUJBM QSPEVDUJPO EFDMJOFT GPS OFXFS QSPEVDUT BOE QBSUJDVMBSMZ QSPEVDUT DBVHIU JO UIF 64 $IJOB UBSJGG DSPTTGJSF PS EFMBZFE EVF UP UIF HMPCBM DBQFY DZDMF i8IJMF OFBS UFSN FBSOJOHT SFNBJO TVQQPSUFE CZ FYJTUJOH PQFSBUJPOT TIPSU UFSN HSPXUI DPVME CF DPOTUSBJOFE CZ B TMPXEPXO JO OFX QSPEVDU MBVODIFT BOE HMPCBM DBQFY JOJUJBUJWFT w JU BEEFE .BZCBOL *# TBJE DPSQPSBUFT PO UIF HSPVOE SFNBJO PQUJNJTUJD PO UIF POHPJOH $IJOB EJWFSTJGJDBUJPO USFOE BOE BSF OPX GMBHHJOH UIF FNFSHFODF PG B 7JFUOBN TUSBUFHZ GPMMPXJOH 7JFUOBN T FYQPTVSF UP TPNF PG UIF IJHIFTU UBSJGG SBUFT BNPOH "TFBO QFFST EVSJOH UIF JOJUJBM QIBTF o #FSOBNB OÛɉ̀¿¹º‰Ø T‰€¨º¿´¿¢©‰Ð ¨ Ûçě TjÌ¢‰Ø ÉÌ©€‰Ě K8ŖěśŘ

64 %PMMBS

"VTUSBMJBO %PMMBS #SVOFJ %PMMBS $BOBEJBO %PMMBS /FX ;FBMBOE %PMMBS 4JOHBQPSF %PMMBS 4UFSMJOH 1PVOE 4XJTT 'SBOD 6"& %JSIBN #BOHMBEFTI 5BLB %BOJTI ,SPOF )POHLPOH %PMMBS *OEJBO 3VQFF *OEPOFTJBO 3VQJBI +BQBOFTF :FO /PSXFHJBO ,SPOF 1BLJTUBO 3VQFF 1IJMJQQJOF 1FTP &VSP

/ "

/ " / "

$IJOFTF 3FONJOCJ

/FX 5BJXBO %PMMBS

2BUBS 3JZBM 4BVEJ 3JZBM

4PVUI "GSJDB 3BOE

4SJ -BOLB 3VQFF 4XFEJTI ,SPOB

5IBJ #BIU

WÊ騐šŤ ?„½„û„Ä „ĺĥ ª–Ű šØÄ„Ä

T>O ©¢©Øj´ ¨ Ûçě TjÌ¢‰Ø ÉÌ©€‰Ě K8ŖěŘŕ

ÛØ¿¹¿Ø©ä‰ 9‰ÛØÌj´

"QSJM 3.

"QSJM 3.

4PVSDF ."" 5" 3FTFBSDI

4PVSDF 4VQFSDPNOFU 5" 3FTFBSDI

4PVSDF .BZCBOL *OWFTUNFOU #BOL

8& CFMJFWF UIBU UIF JNQBDU PG 64 $IJOB USBEF XBS BOE 64 SFDJQSPDBM UBSJGG PO 4VQFSDPNOFU 4DPNOFU JT NBOBHFBCMF 5P SFDBQ JO ': .BMBZTJB XBT UIF MBSHFTU NBSLFU GPS UIF HSPVQ DPOUSJCVUJOH UP PG UIF UPUBM SFWFOVF GPMMPXFE CZ UIF %PNJOJDBO 3FQVCMJD XJUI BOE UIF 64 XJUI PG SFWFOVF FYQPTVSF 8F VOEFSTUBOE UIBU PSEFST GSPN LFZ DVTUPNFST TVDI BT $VTUPNFS " PG TBMFT BOE $VTUPNFS # PG TBMFT SFNBJO TUSPOH BOE JOUBDU 'PS $VTUPNFS " NBOBHFNFOU TIBSFE UIBU UIFSF IBT CFFO OP JNQBDU UP UIF DPNQBOZ BT UIF HPPET BSF EFMJWFSFE UP $VTUPNFS " T GBDJMJUZ JO 1FOBOH "T GPS $VTUPNFS # NPTU PG JUT PSEFST BSF EFMJWFSFE UP JUT GBDJMJUZ JO UIF %PNJOJDBO 3FQVCMJD )PXFWFS BSPVOE PG JUT TBMFT BSF EFMJWFSFE UP UIF 64 XIFSF $VTUPNFS # XPVME BCTPSC UIF UBSJGG BT 4DPNOFU JT UIF TPMF TVQQMJFS GPS UIF NFEJDBM TFHNFOU XIJDI SFRVJSFT '%" BQQSPWBMT 3FDFOUMZ $VTUPNFS * IBE CFFO BU 4DPNOFU T QMBOU JO ,FEBI GPS BCPVU B XFFL 8F TFF UIJT BT B TUSPOH DPNNJUNFOU GPS CPUI QBSUJFT XPSLJOH UPXBSE GJOF UVOJOH JTTVFT SFMBUFE UP UIF GJSTU ESPQ PG MJRVJE "T TVDI XF BSF DPOGJEFOU PG 4DPNOFU T UBSHFUT UP CFHJO NBTT QSPEVDUJPOT JO ) 5IF DVSSFOU QVSDIBTF PSEFS JT FTUJNBUFE BU NJMMJPO VOJUT 0O UIF BVUPNPUJWF GSPOU UIF HSPVQ T SFWFOVF QMVOHFE UP 3. NJMMJPO JO ': EVF UP MPX PSEFST GPS XJSF IBSOFTT GSPN 4UFMMBOUJT BT JU SFWBNQFE JUT 1FVHFPU PQFSBUJPOT JO .BMBZTJB -PPLJOH GPSXBSE XF FYQFDU UIF TBMFT UP 4UFMMBOUJT UP CF GMBU BT UIF EFNBOE GPS 1FVHFPU DBST JO UIF "TJB 1BDJGJD SFHJPO JT FYQFDUFE UP SFNBJO TPGU #6: XJUI 3. 51 o 5" 3FTFBSDI "QSJM

&9 0/& PGGT 3. NJMMJPO JO VOSFBMJTFE '9 MPTT $504 SFHJTUFSFE 2 DPSF FBSOJOHT PG 3. N :P: 2P2 "MUIPVHI B XFBL ) XBT XFMM HVJEFE GPS CZ NBOBHFNFOU SFTVMUT TUJMM DBNF JO CFMPX BU KVTU PG PVST TUSFFU T ': FBSOJOHT " GJSTU JOUFSJN %14 PG TFO XBT EFDMBSFE USBOTMBUJOH UP B . QBZPVU SBUJP PG WT 2 T TFO %13 ! %FTQJUF IJHIFS HSPVQ UVSOPWFS :P: GSPN JODSFBTFE DVTUPNFS USBDUJPO JO UIF % $ :P: BOE *OU M :P: TFHNFOUT $504 &#*5%" NBSHJOT DPOUSBDUFE QQUT :P: GSPN POHPJOH DPTU SBUJPOBMJTBUJPO 5IF XPSLGPSDF SJHIUTJ[JOH BOE TBMFT EFWFMPQNFOU FYFSDJTF JODVSSFE 3. NJMMJPO JO iPOF PGGw DPTUT o IPXFWFS XF USFBU UIJT BT PQFSBUJPOBM BT JU QFSUBJOT UP GVUVSF QSPPGJOH $504 CJ[ $504 BTTPDJBUF QSPGJU XBT IJHIFS :P: QSJNBSJMZ ESJWFO CZ B JODSFBTF JO +VSJT5FDI T DPOUSJCVUJPO 8F FYQFDU HSPXUI NPNFOUVN JO UIF % $ *OU M TFHNFOU BOE +VSJT PSEFSCPPLT UP DPOUJOVF BDDFMFSBUJOH JO TVCTFRVFOU RVBSUFST *O WJFX PG $504 XFBL 2 XF USJN ': FBSOJOHT CZ Q B 8F BMTP NJHSBUF PVS WBMVBUJPO CBTJT UP Y ': 1&3 BU 4% UP : .FBO GSPN Y 1&( UP CFUUFS BDDPVOU GPS $504 NPEFSBUF : ': FBSOJOHT $"(3 PG ': $"(3 /POFUIFMFTT XJUI $504 DVSSFOUMZ USBEJOH BU Y ': 1&3 JU PGGFST BO BUUSBDUJWF FOUSZ GPS BDDVNVMBUJOH B SFHJPOBM DSFEJU BOBMZUJDT MFBEFS XJUI B EJWFSTF QSPEVDU QPSUGPMJP BOE TUSPOH NBOBHFNFOU UFBN XJUI B DSFEJCMF USBDL SFDPSE o .BZCBOL *OWFTUNFOU #BOL "QSJM

"$$03%*/( UP UIF .BMBZTJBO "VUPNPUJWF "TTPDJBUJPO ."" UIF UPUBM JOEVTUSZ WPMVNF 5*7 JO .BSDI JODSFBTFE CZ .P. BOE :P: UP L VOJUT TVQQPSUFE CZ B TPMJE SFCPVOE JO CPUI QBTTFOHFS WFIJDMFT .P. :P: BOE DPNNFSDJBM WFIJDMFT .P. %FTQJUF UIF QPTJUJWF NPNFOUVN JO .BSDI UIF UPUBM 5*7 GPS 2 EFDMJOFE CZ :P: UP L VOJUT XJUI QBTTFOHFS WFIJDMF TBMFT GBMMJOH CZ BOE DPNNFSDJBM WFIJDMF TBMFT CZ IJHIMJHIUJOH QFSTJTUFOU XFBLOFTT JO UIF PWFSBMM EFNBOE 5IF ."" BUUSJCVUFE .BSDI T TUSPOHFS TBMFT UP GFTUJWF TQFOEJOH BIFBE PG )BSJ 3BZB BOE BUUSBDUJWF QSPNPUJPOBM DBNQBJHOT CZ BVUPNBLFST *O .BSDI OBUJPOBM QBTTFOHFS WFIJDMF TBMFT SPTF CZ .P. BOE :P: SFBDIJOH B UPUBM PG L VOJUT 1FSPEVB TBX B TMJHIU EFDMJOF GSPN 'FCSVBSZ CVU JUT TBMFT HSFX CZ DPNQBSFE UP .BSDI NBJOUBJOJOH PWFSBMM TUBCJMJUZ XJUI B :P: ESPQ JO UIF GJSTU RVBSUFS 1SPUPO PO UIF PUIFS IBOE QPTUFE B TUSPOH .P. SFDPWFSZ UIPVHI JUT 2 TBMFT ESPQQFE CZ :P: $PNCJOFE TBMFT PG CPUI OBUJPOBM DBS CSBOET GFMM CZ :P: JO 2 IJHIMJHIUJOH POHPJOH DIBMMFOHFT JO NBJOUBJOJOH HSPXUI /PO OBUJPOBM QBTTFOHFS WFIJDMF TBMFT TBX B .P. JODSFBTF BOE B :P: SJTF JO .BSDI UPUBMMJOH L VOJUT )POEB MFE XJUI B TUSPOH .P. JODSFBTF SFBDIJOH L VOJUT UIPVHI JU TBX B EFDMJOF JO JUT 2 TBMFT :P: /JTTBO IBE B DPNNFOEBCMF .P. SFDPWFSZ CVU FYQFSJFODFE B TMJHIU :P: ESPQ XIJMF JUT 2 TBMFT GFMM CZ :P: 5PZPUB TBX B .P. JODSFBTF CVU GBDFE B TJHOJGJDBOU :P: EFDMJOF SFGMFDUJOH POHPJOH DIBMMFOHFT XJUI 2 TBMFT EPXO CZ :P: .B[EB GBDFE UIF MBSHFTU :P: ESPQ JO .BSDI BOE B TFWFSF :P: EFDMJOF JO JUT 2 TBMFT o 5" 3FTFBSDI "QSJM

Made with FlippingBook - Online catalogs