Latest news with #680
Egypt Independent
24-05-2025
- Business
- Egypt Independent
Sisi ratifies final accounts for FY 2023–2024 budgets of several authorities
CAIRO, May 22 (MENA) – President Abdel Fattah al-Sisi has ratified laws approving the final accounts for the budgets of several government entities for the 2023–2024 fiscal year. The approved budgets include those of the National Institute for Governance and Sustainable Development with LE231,083,980, the National Authority for Quality Assurance and Accreditation of Education with LE79,570,302, the Cairo International Stadium Authority with LE162,944,450, and the University Support and Development Authority with LE1,256,680,366. Additionally, the president ratified final accounts for the Grand Egyptian Museum, totaling LE10,735,845,612, the National Academy for Training, amounting to LE407,748,708, the General Authority for Tourism Development, with LE3,696,610,325, and the Prison Manufacturing and Production Fund, recording LE775,144,524. The laws were published in the Official Gazette. (MENA)
New Straits Times
17-05-2025
- Entertainment
- New Straits Times
#SHOWBIZ: Fattah Amin sympathises with ex-wife Fazura over debt claims
KUALA LUMPUR: Actor Fattah Amin has declined to comment on allegations that his former wife, Nur Fazura's company, owes RM4.65 million to a headscarf manufacturing factory. Fattah, whose full name is Abdul Fattah Mohd Amin, instead expressed his sympathy and well wishes for Fazura. He added that he hoped things would be made easier for Nur Fatima Aisya's mother. "I wouldn't presume to comment, but having heard this news, I do feel sympathy and wish her all the best," he told BH Online. "I can't really comment much as it's a personal matter. You see, we never know when we might face our own trials. When we do, we wouldn't want others talking nonsense without knowing the full story. "As outsiders, the best we can do is offer our prayers and hope things are resolved smoothly. It's not just anyone; she is the mother of my child, so I naturally pray for the best," he said. Fattah mentioned that he was unaware of the news before it was reported in the local media. "I only found out when the news broke; I genuinely had no prior knowledge of this," he said. Previously, news outlets reported that the popular actress and businesswoman's company was allegedly in debt to the tune of RM4.65 million to the headscarf manufacturer, Obor Holding Sdn Bhd. It's understood that the manufacturing firm has initiated legal action following Pink Fate Sdn Bhd's alleged lack of cooperation. Fazura is widely known as a co-founder of Pink Fate Sdn Bhd. Obor Holding Sdn Bhd, which owns the Feline Malaysia factory, claims to have supplied Pink Fate Sdn Bhd with headscarves valued at RM7.3 million since June 2022. However, they allege that Pink Fate has only paid RM2,680,167.90, leaving a balance of RM4.65 million outstanding to Feline. Obor Holding also stated that they began experiencing difficulties in receiving payments from December 2023. As of now, Fazura has not released any statement regarding this matter.
Rakyat Post
14-05-2025
- Business
- Rakyat Post
Fazura, Brother Finally 'Break Silence' – Will Appear In Court Regarding Hijab Supplier's RM4.65 Million Debt Claim
Subscribe to our FREE Since news broke that celebrity Nur Fazura Sharifuddin has been named in a lawsuit by a hijab supplier over unpaid debt, she has kept mum and not addressed the allegation. Fazura has been active on her social media, even hosting a live session on TikTok to sell her hijab line in conjunction with Teacher's Day. She has however chosen not to answer any questions publicly regarding the RM4.65 million debt owed by Tudung Fazura to supplier Obor Holding. In the latest update on the case, we have been made to understand that Fazura, named as the fourth defendant in the lawsuit, and her brother Ahmad Faiz Sharifuddin, named as the third defendant have engaged the services of legal firm Low and Partners. On behalf of their clients, the law firm responded to Obor Holding's lawsuit to inform that they have filed a memorandum of appearance at the Kuala Lumpur High Court for both. There is no information on when the case is due for mention. We previously reported that according to a statement of claim we sighted, Obor Holding Sdn Bhd, owner of Feline Malaysia, alleged that Pink Fate Sdn Bhd—commonly known to be co-founded by Fazura—was supplied with headscarves worth RM7,330,197.04 since June 2022. READ MORE: However, Pink Fate has only paid RM2,680,167.90, leaving an outstanding balance of RM4.65 million owed to Feline. Obor Holding also claimed it has faced increasing difficulty collecting payments since December 2023. In the lawsuit, Pink Fate was named as the first defendant and Fazfit Sdn Bhd as the second defendant. The statement of claim added that although Faiz later handed over a cheque co-signed with Fazura worth RM1 million on 3 September 2024, Obor Holding was unable to cash it—the cheque bounced, and they received a Return Cheque Advice notice from the bank. Obor Holding further clarified that all these transactions occurred while Fazura was still a director, before she stepped down from her role at Pink Fate in January 2025. However, her brother Faiz remains a director. Fazura's fans show support Even as she battles the claim, her TikTok live sale session last Friday was reportedly a sold out affair, according to Her fans have been showing their support for her by way of messages left on her Instagram posts. One user commented: ' Jom order ramai2 bantu Faz settlekan ni la fans kena ' Many others prayed for her to get through this tough time. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
Scoop
13-05-2025
- Business
- Scoop
Strong Support For Waimakariri Water Plan
Community feedback has been ''overwhelmingly in favour'' of the Waimakariri District Council going it alone on its future water plan, Mayor Dan Gordon says. The council consulted on its proposal as part of its 2025/26 annual plan, with around 680 of the 787 submissions on the water proposal. The response compared to the council receiving 330 submissions for last year's 2024/34 Long Term Plan. Mr Gordon said 97.2 percent of the submissions supported the council's preferred option of establishing a stand-alone business unit within the council to manage water services. ''We wrote to every household, giving the options and providing links for more information,'' he said. ''We needed a clear direction from residents, so now we can submit our proposal by September 3.'' Councils need to submit water services delivery plans for review by September 3 under the Government's Local Water Done Well reform programme. The legislation aims to address the country's water infrastructure challenges and replaced the previous Government's Three Waters reform. As part of the annual plan consultation, residents were also asked to provide feedback on the council's transport programme, the council's rating policy and its development contributions policy. Councillors heard from just 23 submitters at a hearing in Kaiapoi last week. The council is due to meet again on May 27 to resume its annual plan deliberations, before the final adoption in June. It is proposing an average rate rise of 4.98%. LDR is local body journalism co-funded by RNZ and NZ On Air.
Free Malaysia Today
05-05-2025
- Business
- Free Malaysia Today
Tudung supplier sues actress Fazura, brother over RM4.65mil debt
According to the statement of claim, actress Nur Fazura Sharifuddin was a director in Pink Fate Sdn Bhd with her brother until her resignation on Jan 13 this year. (Bernama pic) PETALING JAYA : A tudung supplier is suing actress Nur Fazura Sharifuddin and her brother, Ahmad Faiz, for allegedly failing to pay RM4.65 million owed for tudung shipments. According to the statement of claim, the plaintiff, Obor Holding Sdn Bhd, claims Pink Fate Sdn Bhd, a company owned by Fazura and Faiz, has paid only RM2,680,167.90 for 33 tudung shipments worth a total of RM7,330,197.04. Fazura, Faiz and Pink Fate are listed as defendants, as well as Fazfit Sdn Bhd, a company owned by the siblings and in which Faiz is a director. Besides being a shareholder in Pink Fate, Fazura was also a director in the company with her brother until her resignation from the position on Jan 13 this year. '(Fazura's) resignation from (Pink Fate), demonstrating an apparent lack of concern for the management of (Pink Fate), suggests (Pink Fate) may face liquidation to enable the other defendants to evade liabilities,' read the statement of claim. Obor Holding claims its representatives first met Faiz in early 2022 at the Fazfit office in Kota Damansara, during which the latter expressed interest in engaging the plaintiff to fulfil a high-volume order for tudungs. 'During the meeting, Fazura was presented by Faiz as his sister who is also a prominent Malaysian celebrity, widely recognised for her established and successful business ventures under her renowned Fazura brand. 'Fazura's reputation as a public figure and entrepreneur was emphasised, portraying her as an influential and trusted individual in the business industry. 'They highlighted her celebrity status as a cornerstone of their financial strength and success, further asserting that their ventures were supported by collaborative projects with government authorities and other prominent business partners,' read the statement of claim. Utusan Malaysia quoted Obor Holding director Lim Boon Hai as saying his company filed their suit last month after failing to get a satisfactory response from the defendants. 'We have found it hard to claim the money from them since the end of 2023. 'Since the suit was filed, we have received no response from their companies until now. The last time we communicated with Fazura and the company management was at the end of 2024. 'It seems they have no intention of resolving this issue,' he said. Lim claimed Fazura had given him empty promises, as well as a cheque that bounced in September last year. 'Our company is in dire financial straits as a result of this, forcing us to take these steps to resolve the matter,' he said.
