Latest news with #TengkuArifBendahara
The Star
a day ago
- Business
- The Star
Trading ideas: Yinson, 99 Speed Mart, Sealink, Citaglobal, Chin Well
KUALA LUMPUR: Here are some stocks that could see trading interest today following their latest news, including Yinson Holdings Bhd , 99 Speed Mart Retail Holdings Bhd, Sealink International Bhd , Citaglobal Bhd , and Chin Well Holdings Bhd . Yinson has clarified that it is not in discussions with any third parties regarding a buyout exercise. However, the group said its executive chairman, Lim Han Weng, is currently engaged in 'exploratory discussions' with various parties concerning potential corporate proposals related to its shareholding. The Employees Provident Fund (EPF) has acquired a 5.02% stake in 99 Speed Mart through a direct off-market transaction. Citaglobal has appointed 27-year-old Tengku Muhammad Iskandar Ri'ayatuddin Shah (Tengku Arif Bendahara) as an independent and non-executive director. Tengku Arif Bendahara is the son of the Sultan of Pahang, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah. Sealink announced that access to its vessel, which was damaged by a fire in Brazil last month, remains restricted due to the current site conditions. As a result, the company said that a full on-site assessment of the vessel and the extent of the damage has been delayed. Overnight, the S&P 500 climbed 0.09% to end the session at 6,005.88 points. The Nasdaq gained 0.31% to 19,591.24 points, while the Dow Jones Industrial Average ended essentially unchanged at 42,761.76 points.
New Straits Times
2 days ago
- Business
- New Straits Times
Citaglobal appoints Sultan of Pahang's son to board
KUALA LUMPUR: Citaglobal Bhd has appointed Tengku Arif Bendahara Tengku Muhammad Iskandar Ri'ayatuddin Shah as its independent and non-executive director, it said in a bourse filing today. Tengku Arif Bendahara, 27, is the son of Sultan of Pahang, Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah, who is also a significant shareholder in Citaglobal with a 9.5 per cent stake. The largest stake in the company, 30.9 per cent, is held by TIZA Global Sdn Bhd, a private entity fully controlled by Citaglobal's executive chairman and president Tan Sri Mohamad Norza Zakaria. Tengku Arif Bendahara attended the Caldicott Preparatory School in Buckinghamshire, United Kingdom from 2007 to 2010, and continued his A Levels in Harrow School in London. In 2015 to 2018, he pursued his degree in international business management at Oxford Brookes University, and graduated with a Bachelor of Arts in International Studies from University of Buckingham. In 2015, Tengku Arif Bendahara completed a placement at the Institute of Strategic and International Studies Malaysia, focusing on economics, trade, and regional integration, while also gaining exposure to social policy, national integration and foreign policy. Citaglobal's share price closed 0.59 per cent or half a sen lower to 84 sen today, valuing the group at RM359.55 million.
