It has been reported that Permodalan Nasional Bhd. has offered to buy SP Setia Bhd. for 3.90 ringgit apiece. In the last two decades it is the highest bid any company has offered to SP Setia Bhd.

Following the news, its shares rose by 13%.

Meanwhile, it has come to light that evaluation of potential Barisan Nasional candidates has been started. It has been informed by Deputy Prime Minister Tan Sri Muhyiddin Yassin that the candidates will be selected after critical evaluation.

The final decision will be made by Muhyiddin and the Prime Minister. While evaluating candidates, the panel will be looking at various traits of the candidates which will include heir age, gender, qualification and trained skills.

The panel is looking for a potential candidate who could attain respect from all. It has been informed that this time, the panel won't be giving personal preferences to any candidate. Changes are being brought in the way candidates used to be selected. Now, it has become mandatory for every candidate to show that he/she can bring valuable changes in the society, keeping in mind the development of Malaysia.