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New Indian Express
2 hours ago
- Politics
- New Indian Express
Congress accuses Odisha government of betraying people, issues charge sheet
BHUBANESWAR: The Odisha Pradesh Congress Committee (OPCC) on Thursday issued a 23-point charge sheet against the BJP government on completion of its one year in the state alleging that it is marred by corruption, mismanagement and false promises. Releasing the charge sheet, OPCC president Bhakta Charan Das and other seniors leaders said the government was more focused on publicity and propaganda rather than actual governance during the period. The charge sheet titled 'Barsha Eka, Pratarana Aneka' (One year, many betrayals) alleged that the government's slogan of zero tolerance to corruption has turned out to be hollow. A deputy director of Enforcement Directorate (ED), the organisation which is used by the BJP government at the Centre to harass political opponents, was arrested by the CBI for taking bribe, it added. Alleging that several other promises made by the BJP in its 2024 election manifesto have not been fulfilled, the charge sheet said the party had announced that depositors who were duped by chit fund operators would get back their money within 18 months. But, nothing has been done. The government has not even been able to find out the documents in this regard, it added. The charge sheet also raised questions on the paddy procurement, citing discrepancies in the cutting and weighing process. Das demanded a thorough investigation into the matter. The OPCC president said the party will hold press conferences at all the districts headquarters to expose the BJP government's failure in the coming days. Criticising the government's celebration of its first anniversary, Das said Congress will step up its campaign to hold the government accountable and highlight its own vision for the state's development.
The Star
16-05-2025
- Business
- The Star
Modest 1Q25 for Keyfield
The company's revenue declined by 18% y-o-y to RM86.7mil. PETALING JAYA: Keyfield International Bhd's net profit for the first quarter ended March 31, 2025 (1Q25), fell by 32% year-on-year (y-o-y) to RM20.7mil. This translates to an earnings per share of 2.57 sen. Revenue on the other hand, declined by 18% y-o-y to RM86.7mil. In a statement, the group said traditionally, its first quarter is the weakest quarter due to the seasonal monsoon where majority of offshore activities, especially maintenance work, are not being carried out. Keyfield said 1Q25 was relatively quiet whereby its fleet utilisation was at 44.1%, with one of the reasons being many charter projects for 2025 were delayed and had started later in the year, as customers extended charter projects to complete offshore work before the end of 2024. The group declared an interim dividend of one sen per ordinary share, with the entitlement date on May 30, 2025, to be paid on June 13, 2025. Trading ideas: Aneka, Fibromat, Aemulus, Bintai, BTM, LBS, Velesto, PJBumi, Dialog, 99 Speed, Samchem, Keyfield, Swift, PBA
The Star
15-05-2025
- Business
- The Star
Aneka Jaringan wins RM50.54mil piling and earthworks contract
Aneka Jaringan Holdings Bhd managing director Pang Tse Fui KUALA LUMPUR: Aneka Jaringan Holdings Bhd 's wholly-owned subsidiary, Aneka Jaringan Sdn Bhd, secured a RM50.54mil contract from Clement Chan Architect on behalf of Kuala Lumpur Metro Property Sdn Bhd. In a filing with Bursa Malaysia, Aneka said the contract was to undertake earthworks, piling, and sub-structure works for a 62-storey mixed development on Jalan Sultan Ismail, Kuala Lumpur. The contract starts on June 2, 2025 and is scheduled for completion by Dec 1, 2026. Aneka expects the contract to contribute positively to its consolidated earnings and net assets for the financial years ending Aug 31, 2025, 2026 and 2027, during the duration of the contract. 'This award underscores our proven track record in handling complex, high-density urban developments. With a solid order book and our continuous focus on execution excellence, we are confident this project will further elevate our position in Malaysia's construction landscape,' managing director Pang Tse Fui said in a statement. The award raises Aneka Jaringan's total project wins to RM150.06mil year-to-date as of May 15.
