Status quo nederland

This article first appeared in The Edge Malaysia Weekly, on August 1, 2022 - August 07, 2022. - A + A WILL it be third time’s the charm for Jardine Cycle & Carriage Ltd, which launched yet another unconditional takeover offer for Cycle & Carriage Bintang Bhd (CCB) on July 14? Jardine’s bid to acquire the rest of the shares in CCB that it does not already own — at an offer price of RM2.70 per share — marks its third attempt at making CCB a fully owned subsidiary. As with the first two exercises, the current offer is expected to fall short, because even though it is higher than the previous offers of RM2.20 per share followed by another at RM2.40, it is still far from the RM4.65 enterprise value (EV) that the main dissenting shareholder Datuk David Goh contends it is worth. In an exclusive interview with The Edge in July last year, Goh said that the underlying value of CCB — one of the largest Mercedes-Benz dealerships in the country — was at … [Read more...] about Suspense over Jardine’s third attempt at CCB privatisation

- A + A KUALA LUMPUR (Aug 9): Cradle Fund Sdn Bhd and Microsoft Malaysia will collaborate in empowering startups in Malaysia to scale innovative results at a global level. The collaboration through the signing of a memorandum of understanding (MOU) between Cradle, an agency under the Ministry of Science, Technology and Innovation (MOSTI), and Microsoft will provide access to upskilling opportunities and technical guidance for startups to improve capabilities. Besides that, the MOU will also provide startups with access to the Microsoft Mentor Network, along with free access to GitHub Enterprise and productivity boosts with Microsoft 365 and Azure cloud credits of up to US$150,000 (US$1=RM4.45) to build their products. Minister of Science, Technology and Innovation Datuk Seri Dr Adham Baba, who witnessed the signing, said the collaboration would be a catalyst for more active growth and development for startups in Malaysia. “The collaboration between Cradle and … [Read more...] about Cradle, Microsoft Malaysia collaborate to empower startups in Malaysia

Peter Bergen is CNN's national security analyst, a vice president at New America and a professor of practice at Arizona State University. Bergen's new paperback is "The Rise and fall of Osama bin Laden." from which this article is, in part, adapted. The views expressed in this commentary are his own. View more opinion on CNN. (CNN) In 1961, after a CIA-backed invasion of Cuba failed spectacularly, President John F. Kennedy said of the Bay of Pigs fiasco, "Victory has 100 fathers and defeat is an orphan." Peter Bergen Last week, President Joe Biden took a victory lap when he announced that the US had tracked down and killed its most wanted terrorist, al Qaeda leader Ayman al-Zawahiri, who was living in a house in Kabul, Afghanistan. Don't expect a similar celebration on August 30, the first anniversary of the US troop withdrawal from Afghanistan, which ended the longest war in American history. Any realistic assessment of that action shows that it … [Read more...] about Opinion: Biden’s Afghanistan exit decision looks even worse a year later

(CNN) Data obtained by CNN from New York's largest health-care provider indicates you're very unlikely to become severely ill with Covid-19 if you're under age 60, up to date on your Covid-19 vaccines and don't have underlying health problems, backing up a government plan expected to be announced this week that will ease up on coronavirus restrictions . If you're young, healthy and vaccinated, "you're going to be in a pretty good place," said Dr. William Schaffner, a vaccine adviser to the US Centers for Disease Control and Prevention. "You're going to be well-protected." CDC expected to ease Covid-19 recommendations, including for schools, as soon as this week The data from Northwell Health shows that of the nearly 2,000 people hospitalized there for Covid-19 in May, June and July, about 80% were over 60. Nearly 90% had an underlying health problem such as hypertension or diabetes. Vaccination status was also critically important. … [Read more...] about Under 60, healthy, vaccinated and boosted? ‘You’re in a pretty good place’ with Covid-19

Update: This post has been updated Tuesday morning to reflect changes in Heche’s health status. Actress Anne Heche suffered severe burns in a car accident Saturday and was originally listed in stable condition. Reports now indicate the star’s condition has deteriorated. “At this time Anne is in extreme critical condition. She has a significant pulmonary injury requiring mechanical ventilation and burns that require surgical intervention,” sources close to the actress said, according to Deadline .  “She is in a coma and has not regained consciousness since shortly after the accident.” The actress allegedly slammed her car into an L.A. house that sustained so much damage it is now “uninhabitable,” according to The Guardian . Heche was originally listed in critical condition, then upgraded to stable condition, and is in critical status once again. Her Mini Cooper was barely recognizable after the fiery crash , according to TMZ . Police sources requested a warrant for … [Read more...] about Anne Heche Seriously Injured After Slamming Her Car Into A House In LA

Share to Twitter Share to Linkedin Established in 1912 by Margaret Anderson, the ultra-luxurious Beverly Hills Hotel has become an infamous establishment synonymous with style, glamour and elegance. It’s no surprise then, that it has hosted everyone from A-listers to the fashion glitterati and royalty alike, and this year, the beloved L.A. landmark celebrates its 110th anniversary. At the helm is General Manager, John Scanlon, and he shares ten things to know about this world-famous, celebrity-adored hotel. Female founder: The Beverly Hills Hotel was opened by Margaret Anderson in 1912, two years before the city of Beverly Hills was established. Margaret owned and operated the hotel for many years, and her motto was “Guests are entitled to the best of everything regardless of cost!” The hotel has recently introduced a variety of activations to celebrate its 110th anniversary. Iconic architecture: Paul Revere Williams, one of the world’s … [Read more...] about 10 Things To Know About The Beverly Hills Hotel

Share to Twitter Share to Linkedin Famous Churchill Downs racetrack - you have to see it in person to appreciate it. I’ll Have Another, as in I’ll Have Another Kentucky Derby, hopefully as soon as next year. I just returned from Louisville, Churchill Downs, and “The Most Exciting Two Minutes in Sports,” and I can sum my experience up in one word: Awesome. I’ve been to a lot of major sporting events, including the Super Bowl, and the argument could be made that the Kentucky Derby is the best of all, mainly because it is about so much more than the race itself. Go to the World Series or NBA Finals and you get 3 hours of entertainment. Much of the fun surrounding the Super Bowl is in the form of invitation-only parties and VIP events, not the game. But the Kentucky Derby is the complete package, morning to night fun - for two full days - at a minimum. You don’t have to know anything about horse racing to love the Derby, with all its pomp and … [Read more...] about The Kentucky Derby: Great Fun And A Must-Do For Your Bucket List

- A + A KUALA LUMPUR (Aug 9): The Ministry of Science, Technology and Innovation (MOSTI) on Tuesday (Aug 9) launched five National Technology Roadmaps to intensify Malaysia's efforts to become a technology developer, thus reducing dependence on foreign technology and labour. The five roadmaps are technology development in the Electrical and Electronics (E&E) sector, National Blockchain Technology, Artificial Intelligence (AI), National Advanced Materials Technology and National Robotics, for the period between 2021 and 2030. Science, Technology and Innovation Minister Datuk Seri Dr Adham Baba in his speech when launching the roadmaps here, said technology development in all sectors is significant because Malaysia wants to achieve the high-tech country status by 2030. Therefore, he said the focus should be on inclusive local technology ecosystem development activities, which include supply and value chains, development and research, as well as commercialisation … [Read more...] about MOSTI launches five technology roadmaps

State firm PNOC Exploration Corp. (PNOC-EC) is reviewing the transfer of Malampaya shares from global oil giant Shell to the Udenna group led by Davao City-based businessman Dennis Uy amid lingering questions about the validity of the transaction and the rapidly eroding commercial quantity of natural gas output. Energy Secretary Rapahel Lotilla, who also serves as PNOC-EC chair, said in a briefing on Tuesday that newly installed PNOC-EC president Franz Alvarez was heading a team tasked to evaluate the Shell-Udenna deal. “They (the team) would have to take this up with the PNOC-EC board soon because there are certain timelines that have to be met,” Lotilla said. The energy chief said he had also made sure that the PNOC-EC board would have a complement of professional and competent advisers or consultants in the evaluation of the matter. “I also have great confidence in the career people in PNOC-EC that, together with the consultants to assist the board and president Alvarez in … [Read more...] about DOE to scrutinize controversial Malampaya deal

Share to Twitter Share to Linkedin Excavations at Italy’s archeological park of Pompeii have shed light on the lives of the lower and middle classes in the ancient city, situated near modern-day Naples. The discovery of several rooms containing furniture and household objects gives an insight into a stratum of society hitherto little investigated. It is part of site director Gabriel Zuchtriegel’s push to reveal more about the lives of ordinary citizens when the violent volcanic eruption of 79 AD wiped out the city. Pompeii excavations reveal household life moments before disaster struck The latest finds are part of an excavation project into a series of rooms in a domus (home) that began in 2018. The rooms are located in the House of Lararium, named for the discovery in 2018 of a room called a lararium devoted to protective domestic spirits called lares. In the four small rooms, archeologists have unearthed furnishings and household … [Read more...] about New Pompeii Discoveries Shed Light On Middle-Class Roman Lifestyle