Latest news with #467
New Straits Times
05-06-2025
- Entertainment
- New Straits Times
#SHOWBIZ: HK actress Lana Wong, 94, lives on RM2k monthly legal aid
HONG KONG: Veteran Hong Kong actress Lana Wong once enjoyed a life of considerable luxury during her past relationship with the late lawyer Woo Pak-Chuen, which began when she was 18. Although they never married, she had six children with him and was reportedly lavishly cared for, receiving a monthly allowance of HK$300,000 (RM162,467). The couple later separated after a tumultuous period marked by numerous trials and tribulations. Wong, now 94, subsequently married former racer Albert Poon in 1983. In a recent interview with Hong Kong's East Week magazine, Wong revealed that she is currently struggling financially, with her savings having dwindled to less than HK$10,000 (RM5,415). "Some unscrupulous individuals took advantage of me and tricked me into surrendering the deed to my Sai Kung home," she explained. "I lost all my possessions and ended up homeless. Fortunately, a friend took me in, but I've been living under someone else's roof for years." The actress added that she has since applied for legal aid and now relies solely on a monthly old-age allowance of HK$4,195 (RM2,271) to survive. Wong had previously announced her intention to relocate to the United States with her husband in 2022. However, she decided to return to Hong Kong two years later and currently resides in a small 14.8-square metre housing unit. "At least I have a roof over my head and no longer need to live in someone else's home. That's comforting enough for someone my age," she said. "All I need is a bed and Wi-Fi for calls."
The Star
04-06-2025
- Entertainment
- The Star
HK star Lana Wong, 94, lives on RM2K monthly allowance as savings dip below RM5K
Hong Kong actress Lana Wong now lives in a small 160sq ft (14.8sq m) temporary housing unit. Photo: China Press Veteran Hong Kong actress Lana Wong once lived a life of luxury during her past relationship with the late lawyer Woo Pak-chuen when she was 18. Although they never married, she had six children with him and was said to be lavishly cared for, receiving a monthly allowance of HK$300,000 (RM162,467). The pair later broke up after a tumultous journey filled with trials and tribulations. Wong, 94, then went on to marry former racer Albert Poon in 1983. In a recent interview with Hong Kong's East Week magazine, Wong revealed that she's struggling financially, with her savings dwindling to less than HK$10,000 (RM5,415). 'Some unscrupulous people took advantage and tricked me into giving up the deed to my Sai Kung home. 'I lost all my belongings and ended up homeless... Luckily, a friend took me in, but I've just been living under someone else's roof for years,' she said. The actress added that she has since applied for legal aid and now survives solely on a monthly old age allowance of HK$4,195 (RM2,271). According to reports, Wong had previously announced plans to relocate to the United States with her husband in 2022. However, she decided to return to Hong Kong two years later and currently lives in a small 160sq ft (14.8sq m) temporary housing unit. 'At least I have a roof over my head and no longer need to live in someone else's home. That's comforting enough for someone my age… All I need is a bed and Wi-Fi for calls,' she said.
Gulf Today
13-05-2025
- Business
- Gulf Today
Dubai court obliges real estate firm to return Dhs1.267m to plot purchasers
Dubai Real Estate Court ordered a real estate development company to refund Dhs1,267,000 to two buyers, whom the company had sold a plot of land to build a residential villa but the company failed to deliver the land. The court also rejected the inclusion of a second company in the case, as it provided evidence of returning the amount it had received from the buyers. According to the case documents, the plaintiffs signed a land sale contract to build a residential villa, purchasing a plot from the appellee company for a total of Dhs1,334,000 and on the same date, the second appellee company signed a civil works management services contract with the plaintiffs, committing to construct a villa on the plot. Payments were agreed to be made in three installments and the first company received Dhs1,467,000 from the plaintiffs, including Dhs1,334,000 for the land and Dhs133,000 as the first installment for construction costs. The first company allegedly failed to deliver the land to the plaintiffs and both companies signed a termination agreement for the sale contract and the services management contract, with the first company pledging to refund the amount received from the plaintiffs, but it did not fulfill this obligation. The court noted that the first company did not provide evidence of clearing its debt or returning the amount received, having transferred only Dhs66,000, and thus, it still owes Dhs1,267,000. The court also rejected the inclusion of the second company in the case, as it provided proof of returning the amount it had received from the plaintiffs. Dr Alaa Nasr, the legal representative of the plaintiffs, stated that Article 246 of the Civil Transactions Law obligates contracting parties to fulfill the terms of the contract, and the contractor must execute the contract as agreed.
Business Recorder
01-05-2025
- Business
- Business Recorder
Gold prices drop significantly
KARACHI: Gold prices saw a significant drop on Wednesday, as the global market receded below $3,300 per ounce, traders said. The precious metal lost Rs3,400 and Rs2,915, reaching Rs345,800 per tola and Rs296,467 per 10 grams, respectively, All Pakistan Sarafa Gems and Jewelers Association said. Domestic silver prices fell by Rs70 and Rs50, settling at Rs3,427 per tola and Rs2,938 per 10 grams, respectively, the association added. International market registered a noticeable decline by $34, bringing down the gold bullion value to $3,276 per ounce while silver was selling for over $32 per ounce. Copyright Business Recorder, 2025
Express Tribune
30-04-2025
- Business
- Express Tribune
Gold loses Rs3,400/tola
Listen to article Gold prices in Pakistan slipped on Wednesday, mirroring a decline in international markets, as the precious metal continued to trade within a narrow range amid mixed market signals. In the domestic market, gold dropped by Rs3,400 per tola to settle at Rs345,800, while the 10-gram rate fell by Rs2,915 to Rs296,467, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA). Internationally, gold prices also retreated, with the rate falling by $34 to $3,276 per ounce (inclusive of a $20 premium). Silver prices in Pakistan were not spared either, slipping by Rs70 per tola to Rs3,427. Analysts say gold remains range-bound due to conflicting forces in play. "Gold is currently oscillating between strong support at the $3,26070 zone and resistance around $3,360-80," said Adnan Agar, Director at Interactive Commodities. "The market lacks momentum and is stuck in this band. A breakout on either side could trigger decisive movement." He pointed out that escalating geopolitical tensionssuch as developments in the US-China trade war or any worsening of India-Pakistan relationscould push prices higher. Conversely, signs of de-escalation or trade resolution could exert downward pressure. Meanwhile, the State Bank of Pakistan (SBP) raised a total of Rs882.66 billion through two auctions held on April 30, 2025. In the Pakistan Investment Bond - Floating Rate (PFL) Semi-Annual Auction, SBP accepted bids worth Rs320.66 billion, with Rs93.05 billion raised for 5-year bonds and Rs227.61 billion for 10-year bonds. No bids were accepted for the 2-year tenor. For the Market Treasury Bills (MTBs) Auction, SBP raised Rs562 billion across four tenors: Rs65.18 billion for 1-month, Rs151.66 billion for 3-month, Rs99.42 billion for 6-month, and Rs245.74 billion for 12-month bills. Combined, these auctions successfully mobilised Rs882.66 billion, reflecting strong investor participation in government debt instruments. The Pakistani rupee recorded a slight gain against the US dollar on Wednesday, rising by 0.02% in the interbank market. By the end of the trading session, the rupee closed up 5 paisa settling at 280.97 against the dollar, compared to 281.02 on Tuesday. Globally, the US dollar remained stable during the day but was on track for its worst monthly performance since November 2022, as unpredictable trade policies under President Donald Trump created pressure on the greenback while benefiting currencies like the euro, yen, and Swiss franc.
