Wan Saiful slams govt over tariffs, mocks minister's White House run
The Tasek Gelugor MP demanded an immediate explanation, calling the outcome a failure of diplomacy and negotiations.
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The Star
20 minutes ago
- The Star
Trading ideas: GenM,IJM, CelcomDigi, Vantris, JPG, Sentral REIT, BM Greentech, ECM Libra, Ireka, SDS, Pantech, UMediC, LSH, SP Setia, Affin, Heineken
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia. Genting Malaysia Bhd will undertake a RM2.2bn restructuring of its US unit, Empire Resorts Inc., after taking full control of the loss-making company. IJM Corporation Bhd has secured a RM1.4bn contract to build a large-scale data centre in Johor Bahru. CelcomDigi Bhd , Maxis Bhd and YTL Power International Bhd have each provided additional shareholder advances of RM116.7mn to Digital Nasional Bhd. Vantris Energy Bhd, formerly known as Sapura Energy , has signed an agreement with a Ministry of Finance-owned company for a cash injection of up to RM1.1bn to settle payments to its Malaysian vendors. Johor Plantations Group Bhd has issued its inaugural Sustainability Sukuk Wakalah–Islamic Medium-Term Notes, amounting to RM200.0mn in nominal value under its Series 2 Sukuk Wakalah–IMTN programme. The manager of Sentral Real Estate Investment Trust has signed a conditional sale and purchase agreement to dispose of Wisma Sentral Inai in Kuala Lumpur to Turiya Properties Sdn Bhd, a subsidiary of Turiya Bhd for RM135.0mn in cash. Biomass boiler manufacturer BM Greentech Bhd has secured a RM95.0mn contract to develop a 30.0-megawatt alternating current solar photovoltaic plant. ECM Libra Group Bhd will dispose of two adjoining freehold land parcels in Penang to Wealthpro Holdings Sdn Bhd for RM51.9mn. Ireka Corporation Bhd has entered into a JV agreement with Ukay Forest Development Sdn Bhd to collaborate on development and infrastructure projects in Malaysia. SDS Group Bhd has via an indirect subsidiary, SDS Top Baker Sdn Bhd, has entered a deal with Mamee Bakery Sdn Bhd for the acquisition of seven parcels of land with factories in Plentong, Johor Bahru, as well as their entire production lines for RM28.0mn. Pantech Global Bhd has entered into a sale and purchase agreement with Uptown Promenade Sdn Bhd to acquire a 2.0-hectare parcel of land in Klang, Selangor, for RM29.0mn. UMediC Group Bhd has ventured into medical services, a healthcare segment it says is synergistic with its existing business. Lim Seong Hai Capital Bhd confirmed that operations at the Kuala Lumpur Tower will continue without interruption, despite an appeal filed by its former operator against a High Court ruling last month. S P Setia Bhd has appointed Datuk Zaini Yusoff as its president and chief executive officer, effective Oct 1, 2025. Affin Bank Bhd 's net profit jumped 21.0% YoY to RM143.5mn in 2QFY25, from RM118.6mn a year earlier, thanks to stronger interest and non-interest income. Heineken Malaysia Bhd 's net profit dropped 8.9% YoY to RM83.0mn in 2QFY25, from RM91.1mn a year ago, due to slower sales and higher costs.
The Sun
an hour ago
- The Sun
M'sian man criticises VM2026 billboards' simple design and domestic promotion
A Malaysian man recently shared his grouses over the Visit Malaysia 2026 billboards, criticising its simple and plain design. Shared on Threads, an image of the billboard attached showed the Visit Malaysia 2026 logo alongside its mascots, two sun bears, official website and social media tags all in front of a plain white background. 'First of all, the billboard's message is empty. Logo, tagline and mascots but that's it? There are no iconic pictures, no beautiful scenery, nothing that makes people say 'Wow. I want to go to Malaysia',' said the post. The second pointed shared was the location of the billboards, he was wondering what is the point of promoting Malaysia to its own people when the main target market is international tourists. He also raised the budget, saying that the millions of ringgit spent was wasted on promoting it in Malaysia. 'When I look back on it, this campaign feels like Malaysia promoting Malaysia to Malaysians. 'Who approved of this strategy and what is the actual return on investment (ROI) in putting these billboards in (Malaysia)? If they want to attract tourists, showcase Malaysia at a global stage, not to Malaysians who are already in Malaysia,' he added. While many shared similar sentiments, other users shared that the government has made efforts to promote Malaysia's tourism in different countries such as Kazakhstan, Dubai and London. Others also shared their own thoughts on the placements and design, with some believing that the local VM2026 billboards could serve as an effort to encourage domestic tourism while in regards to the design, some believe that the minimalist design was easier on the eyes especially since the billboards are placed on highways and major roads. Meanwhile, commenters also speculated that the simple design could be a teaser to raise awareness of the Malaysian government's tourism campaign for VM2026. 'I believe that the billboard is a teaser meant to raise awareness among Malaysians — a straightforward message.A billboard full of design elements doesn't necessarily determine whether people will be interested, let alone make them stop and stare at it for a long time, especially in high-traffic areas,' said a user. 'Personally, I believe that the billboard is not a full-on advertisement but could be a teaser and tourism campaigns are executed in phases. The current billboards are probably at the awareness phase,' a commenter speculated. 'I reckon the marketing agency designed this advertisment with mascots, typography, a tagline, and a white background to keep it simple and minimalistic because our brains notice clean, simple designs more easily, especially in busy places like streets or city areas,' another commented.
The Sun
2 hours ago
- The Sun
M'sian employer shocked after receiving job application from 25-year-old's mother
THERE is nothing wrong with parents helping out their adult children from time to time. However, in certain situations — such as job applications — it is probably best not to get too involved. A Malaysian employer was recently taken aback after receiving a job application from the mother of a 25-year-old individual. In a video attached to a Threads post, the mother can be seen texting the employer to 'make adjustments' for her child, implying that she was applying on her child's behalf. 'To my young brothers and sisters, please don't be like this. Please do not be afraid to apply for jobs yourselves. 'Don't tell me you're already 25 years old and your mother is still handling your job applications,' the employer said in her post. As the post gained traction on Threads, netizens were divided over the issue. Many speculated that the parent may have submitted the application without the 25-year-old's knowledge. 'It's not that I want to defend us 'kids nowadays', but sometimes we genuinely don't know our parents have sent out our resumes. While we may appreciate the gesture, things can get worse when it goes viral and Gen Z ends up being labelled as spoiled,' one user shared. 'As someone working in HR, I'm honestly tired of dealing with this issue. I've received so many calls from parents asking about vacancies on behalf of their children. I'm a Gen Z myself, and I manage just fine finding work on my own,' another netizen lamented. Several users also pointed out that applicants whose parents applied on their behalf often show a lack of genuine interest in the job — only working because their parents told them to.
