Latest news with #008
TimesLIVE
5 days ago
- Automotive
- TimesLIVE
Toyota Industries sinks after parent takeover bid misses expectations
Investors gave a thumbs-down to Toyota Motor's $33bn (R587.91bn) take-private offer for Toyota Industries on Wednesday, highlighting concerns minority shareholders would be short-changed in a landmark restructuring for Japan Inc. Shares of Toyota Industries, a key Toyota Group company, fell 12% in Tokyo trade a day after the world's top-selling carmaker unveiled plans to take its subsidiary private. The complex, ¥4.7-trillion (R587.88bn) transaction includes an offer price of ¥16,300 (R2,020) a share for Toyota Industries. While that represents a 23% premium to the price before news of the deal broke in April, it is well below the ¥18,400 (R2,280) shares were trading at on Tuesday, before the offer was formally announced. The shares closed at ¥16,205 (R2,008) on Wednesday. 'To be clear, we welcome the attempt to clear up the parent-subsidiary governance issue. We don't like the price,' said David Mitchinson, founding partner and chief investment officer of Zennor Asset Management, which owns Toyota Industries shares. When asked if Zennor would tender its shares, he said: 'We will have to see how this develops, as there seems strong opposition from many shareholders.' While the deal will see some Toyota Group companies unwind cross-shareholdings — a plus for corporate governance — it also appears to strengthen the founding Toyoda family's control over the broader group.
Daily Express
21-04-2025
- Daily Express
Drugs worth RM2.5 million seized
Published on: Tuesday, April 22, 2025 Published on: Tue, Apr 22, 2025 By: Jeremy S Zabala Text Size: Saidin (centre) and his officers showing the drugs seized. Kota Kinabalu: Several more attempts to smuggle drugs via courier service were foiled by the Royal Malaysian Customs Department (JKDM) in a series of operations with the seizure of more than 70kg of drugs valued at almost RM2.5 million between Jan 3 and March 28, this year. The drugs seized comprised 71.7kg of methamphetamine, 434gm of ketamine and 15.357kg of marijuana. Acting Sabah Customs Assistant Director-General Saidin Jalaluddin said the latest seizure was made on March 28 involving four unmarked packages at Mas Kargo, Kota Kinabalu. Checks found that the packages were believed to contain methamphetamine, weighing 71.719kg, estimated to be worth RM2,295,008,' he told a press conference here, Monday. He said the team also seized a package at Pos Aviation Kota Kinabalu on March 1. 'The package contained items suspected to be ketamine, weighing 434gm, estimated to be worth RM86,800,' he added. Saidin said in an operation conducted from Jan 31 to Feb 28, four packages were seized at Mas Kargo, Kota Kinabalu. 'The packages were believed to contain 15.35kg of ganja, worth RM47,606.70,' he said, adding that the cases were investigated under Section 39B of the Dangerous Drugs Act. Saidin said the successes were the result of both public tip-offs and the department's continuous enforcement efforts. He urged the public to continuously play their vital role in channelling information to the authorities in the war against the smuggling of cigarettes, alcohol, fireworks, drugs, vehicles and others. The public can channel information to the Customs toll-free line 1-800-88-8855 or the nearest Customs office in all states. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
21-04-2025
- New Straits Times
Sabah Customs seizes over 70kg drugs valued at more than RM2.4mil
KOTA KINABALU: The Customs Department foiled a drug smuggling attempt with the seizure of more than 70 kilogrammes of drugs of various types valued at over RM2.4 million between Jan 3 and March 28 this year. Acting Sabah Customs assistant director-general Saidin Jalaluddin said the latest seizure was made on March 28 involving four unmarked packages at Mas Kargo, Kota Kinabalu. "Checks found that the packages were believed to contain methamphetamine, weighing 71.719 kilogrammes, estimated to be worth RM2,295,008," he told a press conference here today. He said the team also seized a package at Pos Aviation Kota Kinabalu on March 1. "The package contained items suspected to be Ketamine, weighing 434 grammes, estimated to be worth RM86,800," he added. Saidin said in an operation conducted from Jan 31 to Feb 28, four packages were seized at Mas Kargo, Kota Kinabalu, Sabah.
The Star
21-04-2025
- The Star
Sabah Customs seizes over 70kg drugs worth RM2.4mil
KOTA KINABALU: The Royal Malaysian Customs Department has foiled a drug smuggling attempt with the seizure of more than 70kg of various drugs valued at over RM2.4mil between Jan 3 and March 28, 2025. Acting Sabah Customs assistant director-general Saidin Jalaluddin said the latest seizure was made on March 28 involving four unmarked packages at Mas Kargo, Kota Kinabalu. Checks found that the packages were believed to contain methamphetamine, weighing 71.719kg, estimated to be worth RM2,295,008," he told a press conference here on Monday (April 21). He said the team also seized a package at Pos Aviation Kota Kinabalu on March 1. "The package contained items suspected to be ketamine, weighing 434gm, estimated to be worth RM86,800," he added. Saidin said that in an operation conducted from January 31 to February 28, four packages were seized at Mas Kargo, Kota Kinabalu, Sabah. "The packages were believed to contain 15.35kg of ganja, worth RM47,606.70," he said, adding that the cases were investigated under Section 39B of the Dangerous Drugs Act 1952. - Bernama
Yahoo
05-02-2025
- Health
- Yahoo
Data breech affects one million Connecticut residents
HARTFORD, CT. (WWLP) – More than one million people had their personal information compromised in a massive healthcare data breach. Three western Mass. residents arrested during Enfield shoplifting investigation The Community Health Center says exactly 1,008,519 people in Connecticut were impacted by a nationwide data breach, which affects a total of 1,060,936 people, NBC Connecticut states. The Attorney General says patients had their vaccination records, social security numbers, and possible treatment, testing, and insurance information compromised. Over 4,000 workers were also affected by this. They say it happened back in October, and was discovered on January 2nd. Everyone who was impacted by the breach will be notified by the agency, and patients will also receive 24 months of credit monitoring at no cost. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
