99 Speed Mart's Q1 Revenue Hits RM2.61 Billion PAT Increases To RM143 Million
The profit before tax and profit after tax increased by 6.6% and 7.5%, Y-o-Y, to RM190.2 million and RM143.2 million respectively. Total sales transactions for the quarter rose 7.8% to 119.6 million with the average ticket size remaining stable at RM21.80.
The Board of Directors has declared a first interim dividend of 2.25 sen per ordinary share, amounting to approximately RM189 million in respect of the financial year ending 31 December 2025. The entitlement date is fixed on 29 May 2025, and payment will be made on 9 June 2025.
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New Straits Times
7 days ago
- New Straits Times
Y&G Corp units buy four Selangor land parcels worth RM395 mln
KUALA LUMPUR: Y&G Corporation Bhd's wholly-owned subsidiaries, Nusa Wibawa Sdn Bhd and Duta Asiana Sdn Bhd, have acquired four parcels of land worth RM395 million. On the breakdown, Y&G said Nusa Wibawa has acquired three parcels of leasehold land in Sepang, Selangor, with a combined area of approximately 38.45 hectares, from Nurani Saujana Sdn Bhd for RM206 million. It added that Duta Asiana Sdn Bhd has purchased a parcel of land measuring 148.52 hectares in Kuala Selangor, Selangor, from Asian Regal Holdings Sdn Bhd for RM189 million. "Y&G has also acquired one million ordinary shares in Konsep Wawasan Sdn Bhd, representing 100 per cent equity interest in the company, for a cash consideration of RM82 million," it said in a filing to Bursa Malaysia today.
Malaysian Reserve
26-06-2025
- Malaysian Reserve
Landis+Gyr Shareholders Approve All Proposals
CHAM, Switzerland, June 26, 2025 /PRNewswire/ — Yesterday, the Annual General Meeting of the Landis+Gyr Group AG (SIX: LAND) took place in Steinhausen, Switzerland. The Meeting approved all the Board's proposals and elected Audrey Zibelman as the new Chair of the Board of Directors. 218 shareholders (including proxies) attended the Meeting, representing 57.39% of the issued share capital. After eight years as Chair of the Board of Directors, Andreas Umbach did not stand for re-election. The departing Chair expressed his gratitude for the trust shown by shareholders and said: 'It has been an extraordinary honor and privilege to serve this remarkable company for more than 25 years, including the past eight as Chair. The long-term strategic vision and commitment to innovation shared by the Board of Directors and the Executive Management team have consistently driven Landis+Gyr forward, enabling us to play a pivotal role in shaping the future of smart energy management. I extend my heartfelt thanks to our shareholders, colleagues, customers, and partners for their steadfast support and collaboration.' In addition to Audrey Zibelman, all directors standing for election were re-elected to the Board of Directors for a term of office of one year: Eric Elzvik, Fabian Rauch, Andreas Spreiter, Christina Stercken, and Laureen Tolson. The Annual General Meeting elected Steve Louden and Brett Carter as new members of the Board of Directors for a term of office of one year. The newly elected Chair of the Board of Directors, Audrey Zibelman, said: 'I would like to express my sincere appreciation to Andreas Umbach, our outgoing Chair, for his remarkable contributions and dedicated leadership over many years. As we enter this new chapter, I look forward to working closely with the management team under the leadership of CEO Peter Mainz, the Board, and the entire Landis+Gyr team to shape an exciting future ahead. I also warmly welcome our newest Board members, Steve Louden and Brett Carter, whose expertise will further strengthen our team.' The Annual General Meeting approved the proposed distribution of CHF 1.15 per registered share, payable from statutory capital reserves. The distribution will be paid from July 1, 2025, onwards. Shareholders also approved the Annual Report and Financial Statements for FY 2024, the FY 2024 Remuneration Report in a consultative vote, as well as the Sustainability Report 2024. The detailed voting results will be published today on Landis+Gyr's investor website (link), and the minutes of the 2025 Annual General Meeting will be made available in the coming days. Key Dates Ex-Dividend Date June 27, 2025 Dividend Payment Date July 1, 2025 Release of Half Year Results 2025 October 28, 2025 About Landis+Gyr Landis+Gyr is a leading global provider of integrated energy management solutions. We measure and analyze energy utilization to generate empowering analytics for smart grid and infrastructure management, enabling utilities and consumers to reduce energy consumption. Our innovative and proven portfolio of software, services and intelligent sensor technology is a key driver to decarbonize the grid. Having enabled 9 million tons of CO2 savings in FY 2024 through our product offerings, Landis+Gyr manages energy better – since 1896. With sales of USD 1.7 billion in FY 2024, Landis+Gyr employs around 6,300 talented people across five continents. For more information, please visit our website Photo: View original content:
Borneo Post
25-06-2025
- Borneo Post
MPP records rise in assessment rate collection, reaffirms commitment to devt
Tan (centre) and others pose for a photo call after the meeting. KUCHING (June 26): The Padawan Municipal Council (MPP) has recorded an increase in assessment rate collection, with RM16 million collected as of June 2025, marking a 58.06 per cent collection rate, up from 57.47 per cent during the same period last year. Chairman Tan Kai, after chairing the MPP full council meeting yesterday, said the increase demonstrates the council's ongoing commitment to enhance revenue collection and community cooperation. 'Arrears collection has also risen by RM189,000 compared to the same period in 2024. 'MPP has implemented several proactive measures, including mobile counters, door-to-door programmes, SMS and email reminders, follow-up calls, and reminder notices,' he said, stressing that assessment rate revenue is crucial for sustaining services and development in Padawan. Payments can be made at all MPP counters, Service Sarawak locations, the Kuching North City Commission (DBKU), the Kuching South City Hall (MBKS), Post Malaysia Bhd, H&L Supermarkets, and online via the Service Sarawak website, S Pay Global app, and PayBills Malaysia website. Ratepayers who have not received their bills are encouraged to update the contact details at MPP or Service Sarawak counters to receive digital copies. During the meeting, Tan also provided updates on infrastructure projects funded through the Malaysian Road Records Information System (Marris). A total of 121 projects under the Special Marris Road allocation, amounting to RM8.2 million, have been approved, with 47.1 per cent completed. Under the Special Marris Drainage allocation, 28 projects worth RM7.8 million were approved, with 32.14 per cent completed. Separately, 133 out of 411 routine maintenance projects across the council's area have been completed. 'The council reaffirms its commitment to transparency, efficiency, and timely project delivery to ensure maximum benefit for the community,' said Tan. He also warned private developers against carrying out earthworks without prior engineering approval, noting that companies must apply for road permits and clearly indicate routes for heavy vehicles, particularly when transporting construction materials. 'Repeated damage to roads caused by heavy vehicles places a burden on public resources due to frequent repairs,' he said. 'Non-compliance with Section 8A of the Sarawak Building Ordinance 1996 and planning regulations may lead to enforcement, including site closure. A non-compliant site was closed just last month as part of such enforcement efforts.' Moreover, MPP is also moving to regularise unauthorised advertisements within its jurisdiction. Tan stressed that all advertisements must follow council guidelines and by-laws to ensure public safety and preserve the townscape. 'Violators may face a compound of RM1,000 under By-law 28 of the Local Authorities (Advertisements) By-laws 2012,' he said, adding that MPP is committed to working closely with business owners to support compliance and guide them through proper licensing procedures. On another matter, MPP will hold a free dog licensing, anti-rabies vaccination, and microchipping programme this Saturday at the Kota Sentosa basketball court parking lot. The first 50 dogs vaccinated, licensed, and registered with the council will receive a RM150 subsidy. assessment rate collection lead MPP Tan Kai
