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TMR

BP Plastics MD on buy mode as shares hit five-year low

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BP Plastics Holding Bhd MD Lim Chun Yow has picked up shares in the Johor-based company which is trading at a five-year low.

Lim paid about RM450,000 to acquire a total of 680,700 on two occasions — on Nov 5 and Sept 11 — pushing his direct shareholding to 26.87 million shares, representing 9.54% of the company, and his indirect stake to 43.25%, or 121.75 million shares, through LG Capital Sdn Bhd.

Lim scooped up 530,700 shares on the open market on Nov 5 at an average price of 65.12 sen per share, according to the company’s exchange filing today.

Towards the end of 2021, Lim held a direct stake of 9.30% and an indirect stake of 43.25% in the plastic packaging manufacturer.

BP Plastics’ shares closed at 66.5 sen today, giving it a market capitalisation of RM187 million. Its lowest ebb for the last five years was at 65 sen on Oct 21.

For the first six months ended June 30, 2025 (1H25), BP Plastics’s net profit dropped 67% year-on-year (YoY) to RM5.4 million mainly due to margin compression arising from competitive market, on a turnover of RM214.3 million, which was 13% lower than 1H24, due to lower demand amidst challenging global economies and the strengthening of the Ringgit.

Moving forward, BP Plastics told the exchange that its outlook remains challenging due to global policy uncertainties, foreign exchange volatility, increasing operating costs and competitive market environment.

However, it said it remains committed to delivering a profitable performance for the financial year ending Dec 31, 2025 (Fy25) by leveraging on its strong fundamentals, adaptability and prudent planning. –TMR

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Egypt unveils US$1b grand museum as a ‘gift to the world’

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An entrance to the newly opened Grand Egyptian Museum (GEM) in Giza, Egypt (Pic: Islam Safwat/Bloomberg)

EGYPT inaugurated a long-anticipated $1 billion museum that showcases the wonders of its ancient past and is poised to supercharge the North African nation’s crucial tourism sector.

Fireworks illuminated the Cairo night skies and the nearby Pyramids of Giza glowed with crimson lights as the Grand Egyptian Museum was formally declared open on Saturday evening after two decades of work.

Officials have described the vast facility that houses over 100,000 artifacts from across seven millenia of history as “a gift from Egypt to the world.” The lineup at Saturday’s ceremony counted members of royalty and governments from Europe, Africa, the Middle East and beyond in attendance.

The GEM “writes a new chapter in the history of the present and the future,” President Abdel-Fattah El-Sisi said in a speech, describing the museum as a “living testament to the genius of the Egyptian” individual.

He placed a final stone that lit up the halls of the futuristic 500,000 square-meter (123-acre) complex, whose exhibits include the famed mask of boy King Tutankhamun and the complete collection of his treasures.

The glitzy opening — which included live orchestral music and songs, actors in ancient Egyptian garb and filmed interludes from Paris, New York and Rio de Janeiro as well as pyrotechnics in the sky — is being heralded by officials as a watershed moment for Egypt’s tourism industry.

The Middle East’s most populous nation is overcoming an economic crisis and the knock-on effects of two years of conflict between Israel and Hamas and other Iranian-backed groups. Tourism, a major source of foreign currency, has proved resilient, with the government forecasting a record 18 million arrivals this year.

Cairo played a significant role in mediating last month’s deal to end the Israel-Hamas war. Flying banners and illuminations at Saturday’s ceremony drummed home the message of Egypt as “the land of peace.”

Construction on the GEM museum began in 2005, but work was repeatedly delayed by issues including the Arab Spring uprising and the Covid-19 pandemic. Many halls have been accessible to the public for more than a year in a so-called soft opening that’s brought about 5,000 to 6,000 daily visitors.

That’s expected to now triple to about 15,000 per day — or more than 5 million annually — making the GEM “one of the most visited cultural institutions in the world,” according to Tourism Minister Sherif Fathy.

“The museum’s impact will extend far beyond its own gates” and “serve as a catalyst for Egypt’s broader tourism ecosystem,” he said in an interview.

The country, already popular for its Red Sea beach resorts and Nile River cruises, is seeking to attract 30 million annual arrivals by 2031. It’s building flashy new hotels and revamping historic Cairo while attracting more international flights and developing its less-visited Mediterranean coastline.

Saturday’s event was tightly secured, with several major roads reserved for dignitaries to reach the GEM. Security officials were posted at regular intervals along the routes, while billboards extolled Egypt’s Pharaonic legacy.

The GEM will take over the role as the main depository for Egypt’s Pharaonic heritage from the more than century-old Cairo Museum in the capital’s downtown. Designed by Heneghan Peng Architects to echo the nearby pyramids with its triangular elements and alignment, much of the funding — about $800 million in soft loans — came from Japan.

Along with the exhibits, the GEM offers interactive displays — some using virtual reality — shops, restaurants and conference rooms for business gatherings. It’ll also be a major venue for food festivals, musical shows and sports events, according to local media.

Authorities are touting environmentally friendly features such as energy-efficient lighting, water-saving and smart meters that monitor consumption in real time.

Wary of repeating past logistical mistakes, officials tapped international advisers to streamline the visitor experience and ease crowd management and ticketing for the GEM. Meanwhile, a $30 million revamp on the nearby Giza plateau seeks to make a trip to the 4,600-year-old pyramids hassle-free. —BLOOMBERG

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News World

Singapore law gives it more powers over TikTok, Facebook content

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SINGAPORE’S parliament passed a law giving authorities more powers to block harmful content on social media platforms, from TikTok to Instagram and Facebook, the city state’s latest move to curb online harms.

Lawmakers passed the Online Safety (Relief and Accountability) Bill, known as OSRA, during a parliamentary session on Wednesday. Under the new law, authorities will be empowered to require internet companies — including major social media platforms — to remove content deemed harmful, such as material promoting sexual abuse or online bullying. Failure to comply will constitute a criminal offense and may prompt further measures, including blocking of apps.

“With online harms becoming more prevalent, our barometer for acceptable online behavior has been eroded,” said Digital Development and Information Minister Josephine Teo. “We will continue to work with all our stakeholders from tech companies to community partners to implement OSRA.”

Social media platforms have found themselves dealing with an increasingly stringent regulatory environment in Singapore. The Ministry of Home Affairs in September ordered Meta Platforms Inc. to act on Facebook-based scam advertisements and accounts, introduce enhanced facial recognition measures and prioritize review of end-user reports from the country.

Alphabet Inc.’s Google has pledged to implement age checks by next year as Singapore mandates that app stores block under-18 users from downloading software not intended for their use.

On Tuesday, the Parliament passed a separate law mandating that scammers and members or recruiters of scam syndicates will face caning of as many as 24 strokes. —BLOOMBERG

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PR Newswire

Canadian Investment Regulatory Organization Trading Halt – BRED

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VANCOUVER, BC, Nov. 5, 2025 /CNW/ – The following issues have been halted by CIRO

Company: Purebread Brands Inc.

TSX-Venture Symbol: BRED

All Issues: Yes

Reason: Pending Company Contact

Halt Time (ET): 9:26 AM

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

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PR Newswire

BizClik Launches Global Webinar Series Uniting Global Leaders Across Key Industries – Live November 2025

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Webinar sessions kick off a new cross-industry monthly webinar schedule featuring leaders in procurement, manufacturing, supply chain, sustainability, AI, and data

LONDON, Nov. 5, 2025 /PRNewswire/ — BizClik, the global B2B media and events company, has announced the launch of its Monthly Global Webinar Programme, bringing together executives from across procurement, manufacturing, supply chain, sustainability, AI, data, fintech, and technology.

The new initiative begins with nine live sessions running from 4 November to 4 December 2025, hosted across Procurement Magazine, Manufacturing Magazine, and Supply Chain Digital. Each webinar delivers practical strategies, case studies, and benchmarks for driving efficiency, resilience, and innovation across industries.

Webinar Series

Adam Cole, Chief Data Officer at BizClik, said:

“This series is about turning shared experience into actionable insight. Speakers from some of the worlds largest and most recognisable business will be sharing their thoughts, learnings and insights on a set of carefully curated topics. Senior leaders will walk away with a clearer view of what works today – grounded in data, case studies and proven strategies that deliver measurable impact.”

Webinar Programme at a Glance:

Supply Chain Digital Webinar Series

Nov 4: Mitigating ‘Risk & Resilience’ in Hospital & Healthcare Procurement | Watch Here
Nov 18: Compliant Sourcing Strategies for the Healthcare Industry
Dec 2: Workforce Productivity in Hospital & Healthcare Supply Chains

The Supply Chain Digital series focuses on building agile, compliant, and high-performing supply chains in the healthcare sector, from risk mitigation and workforce optimisation to sourcing strategies that meet complex regulatory demands.

Keep informed: Sign up for the Supply Chain Digital newsletter.

Procurement Magazine Webinar Series

Nov 12: OS&E Procurement in the Hotel & Hospitality Sector | Register
Nov 19: Optimising Spend Management with Leveraged ‘Business-Only’ Pricing Strategies
Dec 3: Maximising ‘Tail Spend’ in the Hospitality & Entertainment Industry

Procurement leaders will explore how to improve cost efficiency, strengthen supplier relationships, and unlock new value through smarter sourcing and spend management strategies.

Keep informed: Sign up for the Procurement Magazine newsletter.

Manufacturing Digital Webinar Series

Nov 6: Building ‘Procurement Resilience’ in Manufacturing Supply Chains | Register
Nov 20: Reducing the Complexity of ‘Strategic Sourcing’ in Manufacturing
Dec 4: Integrated Procurement & Supply Chain Management in Manufacturing

Manufacturing sessions will address how to build resilient procurement frameworks, simplify complex sourcing processes, and integrate procurement and supply chain strategies to drive innovation and growth.

Keep informed: Sign up for the Manufacturing Digital newsletter.

Expanding in 2026

From January 2026, BizClik will roll out monthly webinars across additional brands, including Sustainability Magazine, AI Magazine, and Data Centre Magazine, alongside its procurement, manufacturing, and supply chain portfolio.

These sessions will continue BizClik’s mission to deliver actionable insights and connect global leaders driving transformation across industries.

Sponsorship Opportunities

Sponsorship opportunities are available for organisations looking to align their brand with global thought leadership and connect directly with a C-suite audience.

About BizClik

BizClik is a global B2B media and events company producing sector-specific content across technology, sustainability, procurement, fintech, AI, and more. Through digital magazines, websites, newsletters, webinars, and award-winning events, BizClik connects enterprise leaders with executive audiences to drive strategic business engagement.

Discover more here.

Photo: https://arah.my/wp-content/uploads/2025/11/Amazon_Business_Banner.jpg

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SOURCE Bizclik Media

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News

Malaysia joins global top three in 2025 Passport Index

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KUALA LUMPUR — The Malaysian passport is now ranked third globally in the 2025 Passport Index, a global benchmark for passport standings.

In a post on its social media page, the Immigration Department (JIM) said the achievement reflects international trust and recognition of the security features of Malaysia’s travel document, which is highly regarded worldwide.

“Holders of Malaysian passports enjoy visa-free travel to 174 countries across the globe,” the post said.

According to data from www.passportindex.org, the United Arab Emirates (UAE) passport tops the Passport Power Rank, followed by Singapore and Spain in second place.

Malaysia shares the third position with 15 other countries, namely Belgium, France, Germany, Finland, Italy, Denmark, Portugal, Switzerland, Greece, Austria, Norway, Ireland, and South Korea. — BERNAMA

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Business News

Kerjaya Prospek bags RM88m Shah Alam contract from Eastern & Oriental Express

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CONSTRUCTION outfit Kerjaya Prospek Group Bhd (KPGB) has secured a RM87.66 million building contract from Eastern & Oriental Express Sdn Bhd (E&OE) for a mixed commercial development in Elmina, Shah Alam.

In an exchange filing today, KPGB said its wholly owned subsidiary Kerjaya Prospek (M) Sdn Bhd accepted the letter of award on Tuesday (Nov 5).

The contract involves the execution and completion of shop offices and supporting infrastructure at PT 52005, Persiaran Ficus, Elmina, Seksyen U15, for a fixed lump-sum price of RM87.66 million.

The project comprises 104 units of two-storey shop offices, six units of three-storey shop offices, 23 affordable shop units, and three electrical substations. Construction works are expected to commence on Nov 17, 2025, and to be completed within 30 months.

The project is deemed a recurrent related party transaction (RRPT) as E&OE is an indirect subsidiary of Eastern & Oriental Bhd (E&O) — a company with shared major shareholders and directors.

KPGB chairman Datuk Tee Eng Ho is also executive chairman and major shareholder of E&O, with deemed interests held through several private vehicles alongside his wife Toh Siew Chuon and his brother Datuk Tee Eng Seng, who are both executive directors and major shareholders of KPGB and E&O.

The group said that the RRPT mandate for such transactions had been approved by shareholders at its AGM held on June 11, 2025, and that no other directors or major shareholders have any direct or indirect interest in the contract.

Kerjaya Prospect shares closed 10 sen lower at RM2.70, valuing the company at RM3.42 billion. –TMR

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Business News

Hextar raises indirect stake in Binasat to 29.8%

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HEXTAR Capital Bhd has increased its indirect stake in Binasat Communications Bhd to 180.18 million shares, representing 29.82% of the company.

The block of 27.1 million shares were acquired by Opcom VC Sdn Bhd in a direct business transaction, according to a Binasat exchange filing today.

This bumps up the stake held indirectly by Datuk Eddie Ong Choo Meng, who controls the Hextar Group of companies, in the telecommunications support service provider to 29.82%.

Ong is deemed interested by virtue of his interests in Hextar Capital Bhd which in turn is the holding company of Opcom VC, the substantial shareholder of Binasat.

Binasat shares closed at 11 sen while Hextar Capital ended the day at 21 sen. –TMR

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PR Newswire

Leica Camera Announces New Financing Option Through Bread Pay®

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For the first time, Leica Camera introduces an easy way for customers to shop today and pay over time with Bread Pay®

TEANECK, N.J., Nov. 5, 2025 /PRNewswire/ — Leica Camera, the legendary brand known for precision engineering and timeless design, is proud to announce a new partnership with Bread Financial® to offer customers flexible financing options for the first time in the company’s U.S. history.

This partnership introduces Bread Pay®, a simple and transparent way for customers to purchase products across all Leica categories and pay over time with manageable monthly payments. With this new option, customers can shop today and choose from a range of installment plans designed to fit their needs. The program is available both in-store and online at select Leica Stores in the United States and through LeicaCameraUSA.com.

“Leica has always stood for more than just photography,” said Mike Giannattasio, President of Leica Camera Inc. “It’s about craftsmanship, heritage, and the pursuit of excellence. By introducing financing through Bread Pay®, we’re inviting even more creators and enthusiasts to experience Leica in a way that fits their lifestyle.”

Bread Pay® makes applying fast and easy. Customers can prequalify in minutes with no impact on their credit score, receive a quick decision, and complete their purchase using a one-time-use virtual card in-store or online. Leica joins a community of premium brands offering modern, transparent financing through Bread Financial®, further strengthening its commitment to customer experience and accessibility.

For more information about available financing options, visit Leica Camera USA Financing or inquire at a Leica Store near you.

DISCLOSURE
Subject to approval of credit application. Bread Pay® loans are made by Comenity Capital Bank, a Bread Financial® company. Minimum purchase and eligibility requirements apply. Terms and conditions vary by applicant and location.

About Leica Camera
Leica Camera AG is an international, premium manufacturer of cameras, lenses, and sports optics. As part of its growth strategy, the company has expanded its portfolio to include mobile imaging (smartphones) and the manufacture of high-quality lenses for glasses and watches, and is also represented in the home theater segment with its own projectors. Leica Camera AG, with its headquarters in Wetzlar, Germany, and a second production site in Vila Nova de Famalicão, Portugal, operates a global network of its own distribution companies with around 120 Leica Stores worldwide.

The Leica brand stands for excellence in quality, German craftsmanship, and industrial design, combined with innovative technologies. An integral aspect of the brand culture is the promotion of the culture of photography, with around 30 Leica Galleries worldwide, the Leica Akademie, and international awards such as the Leica Hall of Fame Award and the Leica Oskar Barnack Award (LOBA).

For further information, please visit:
Leica Camera Inc
Email: [email protected]
Phone: (201) 995-0051
Internet: leica-camera.com

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SOURCE Leica Camera USA

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PR Newswire

From Digital Win to TEDx Debut: Manny Faces’ Hip Hop Framework Earns Gold & Remixes Innovation

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Journalist and cultural strategist Manny Faces bridges creativity, education, and civic change through Hip Hop’s collaborative framework—earning Gold in the 4th Annual Signal Awards for Best Music Podcast and debuting his TEDxBuckheadAve talk, “Hip Hop’s Problem-Solving Framework,” inspired by his book Hip Hop Can Save America!

Key Highlights

TEDxBuckheadAve talk explores Hip Hop as a framework for problem-solving and social innovation: watch his TEDx talk.
Gold Signal Award – Best Music Podcast

honors Hip Hop Can Save America! for its cultural and creative impact.
Faces expands consultancy and education initiatives through The Hip Hop Institute for Social Innovation.

ATLANTA, Nov. 5, 2025 /PRNewswire/ — Fresh off a Gold Signal Award for Best Music Podcast for his acclaimed series Hip Hop Can Save America!, decorated journalist and cultural strategist Manny Faces brings Hip Hop’s transformative power to the TEDxBuckheadAve stage with his talk, “Hip Hop’s Problem-Solving Framework.” The Signal Awards, which announced its 2025 winners on October 15, will celebrate honorees at a Winner’s Party on November 10 in Brooklyn, NY, where Faces will join fellow creatives recognized for excellence across audio and media.

The talk expands on ideas from his book, Hip Hop Can Save America! Inspiration for the Nation from a Culture of Innovation, using real-world examples of how Hip Hop’s collaborative spirit can transform systems of education, governance, and community building. Presented under the 2025 TEDxBuckheadAve theme, “The Power of We,” Faces emphasizes collective creativity as a driver of lasting change.

“Imagine if a blueprint for a better future could be found in Hip Hop,” Faces says. “It’s a culture that’s always remixed division into unity, scarcity into abundance, and obstacles into opportunities. True progress happens when we design the future together.”

The TEDx debut continues Faces’ mission to position Hip Hop as both an art form and a framework for innovation and civic progress. Through his award-winning podcast, his book, and The Hip Hop Institute for Social Innovation, Faces collaborates with educators, policymakers, and creatives to apply Hip Hop’s principles to build equity and inclusion in modern problem-solving.

The Gold Signal Award – Best Music Podcast recognition further cements Faces’ impact, honoring storytelling that merges artistry, education, and measurable change.

For more on Faces, please visit https://www.mannyfaces.com.

About Manny Faces
Manny Faces is a journalist, author, cultural strategist, and media proprietor dedicated to advancing Hip Hop as a tool for learning, innovation, and community empowerment. He is the creator of Hip Hop Can Save America! podcast—winner of Gold in the 4th Annual Signal Awards for Best Music Podcast—and author of Hip Hop Can Save America! Inspiration for the Nation from a Culture of Innovation. Through his platform, The Hip Hop Institute for Social Innovation, Faces bridges culture, education, and civic engagement, inspiring organizations and audiences to apply Hip Hop’s collaborative framework toward real-world solutions.

Media Contact:
Tré D. Brown — Media Strategist, TrèDay PR & Bookings, LLC
[email protected]
+1(803)200-1898

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SOURCE Manny Faces Media

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