Latest news with #Khairi
The Star
13 hours ago
- The Star
T'ganu cops seize nearly 200kg of meth worth RM6.3mil
DCP Khairi (second from right) and his team with the seized drugs. – BERNAMApic KUALA TERENGGANU: Terengganu police have disrupted a drug distribution syndicate and seized 198.9kg of methamphetamine worth RM6.3mil. State police chief Deputy Comm Datuk Mohd Khairi Khairuddin said the seizure was made in an integrated roadblock operation at 5pm on July 28 at Sungai Ikan on the Kota Baru-Kuala Terengganu route. The operation was conducted by the Narcotics Crime Investigation and Traffic Enforcement divisions of the district police headquarters here. Police manning the roadblock observed two cars making sudden U-turns before fleeing towards Kota Baru, DCP Khairi said. After a 5km pursuit, the team found the vehicles, with the drugs inside, abandoned in front of houses in Kampung Felda Belara. "An inspection of the cars found seven polystyrene boxes containing 188 packages filled with drugs," he told a press conference at state police contingent headquarters here on Tuesday (Aug 12). DCP Khairi said initial investigations found that the drugs were brought in from Kelantan to be distributed to markets outside Terengganu, including the Klang Valley. He added that police have identified the owner of one car and are tracking down suspects, including the drivers, who are believed to be locals. The owner of the other car has not been identified because its chassis was damaged, he said. "Anyone with relevant information can contact the Terengganu police contingent NCID hotline at 011-67351234," he said, adding that the case is being investigated under Section 39B of the Dangerous Drugs Act 1952. – Bernama
The Star
a day ago
- The Star
Post-mortem on toddler found signs of abuse, say T'ganu cops
KUALA TERENGGANU: Police say there are clear signs of abuse in the death of a 23-month-old boy in Kampung Banggol, Manir here on Saturday (Aug 9). Terengganu police chief Comm Datuk Mohd Khairi Khairuddin (pic) said a post-mortem found bleeding in the head and bruises all over the victim's body. He said the boy's biological father and stepmother, along with a doctor and nurse from Hospital Sultanah Nur Zahirah, have given their statements. ALSO READ: Toddler dies, allegedly abused by father, stepmother The incident occurred at home, where only the victim, the suspects, and the victim's three-year-old brother were present. "Investigations found the suspects, who have been married for six months and keep to themselves, were linked to the case,' he said on Monday (Aug 11). Earlier, Comm Khairi had attended the handing over of duties ceremony to Terengganu's new deputy police chief, Senior Asst Comm Suffian Sulaiman, formerly chief of the Kuala Lumpur Police Headquarters Management Department. Comm Khairi said police are awaiting a full medical report before submitting the investigation paper to the deputy public prosecutor. A health check on the victim's brother, now under the Social Welfare Department's care, found no signs of abuse, he added. The victim's biological father, 27, and stepmother, 30, have been remanded for seven days to help with investigations under Section 31(1)(a) of the Child Act 2001. – Bernama
The Sun
2 days ago
- Business
- The Sun
Bridging the gap – Empowering Malaysia's youth to invest with confidence
KUALA LUMPUR: Malaysian youth are showing growing interest in securing their financial future through investing. However, despite this rising curiosity, many first-time and younger investors continue to face significant barriers to entering the capital market. For CGS International Securities Malaysia Sdn Bhd, tackling these challenges goes beyond providing access – it is about driving long-term value through inclusive financial empowerment. According to CGS International deputy CEO Khairi Shahrin Arief Baki, three key barriers persist – the perception that investing is only for the wealthy or highly educated, low disposable income among youth juggling loans and living costs, and a lack of platforms designed with younger, tech-savvy users in mind. 'CGS International quantifies these challenges through behavioural data and engagement metrics. Since launching our user-centric UP App, we've seen a sharp rise in account openings from those aged 18 to 35, along with higher participation at universities, career fairs and investment expos – especially in beginner-friendly products,' Khairi told SunBiz. He cited a 2022 Securities Commission Malaysia survey that reaffirmed a common concern among young Malaysians: they want to invest but feel discouraged by the high cost of entry. The requirement to buy a minimum board lot of 100 shares makes blue-chip stocks on indices such as the FBM KLCI and the FBM Emas inaccessible to many. As of July 9, share prices for companies such as Mr DIY, Axiata and Nestle ranged from RM1.67 to over RM78 per share. This has led many retail investors to turn to penny stocks – those priced under 50 sen – as a more affordable entry point, particularly during periods of market volatility. 'At CGS Malaysia, we've identified affordability, limited financial literacy and competing financial priorities as key hurdles,' Khairi said. 'Many young people believe investing requires large sums, don't know how or where to begin, and are focused on debt repayment or emergency savings due to the rising cost of living.' According to Bursa Malaysia's Malaysian Retail Investor Insights 2023, retail investors allocate just 8.4% of their income to investments. While the 18–34 age group accounts for 28% of active retail investors, they contribute only 14% of total retail traded value, underscoring the gap between interest and participation. To address this, CGS International launched a six-month student ambassador programme with local universities and the Annual Asean Investment Challenge, which uses gamification to build financial literacy and investor confidence. On April 8, the firm introduced fractional share trading on Bursa Malaysia via the UP App, allowing Malaysians to invest in top FBM KLCI stocks from as little as RM1. 'We frequently hear from students and fresh graduates who say, 'I want to invest, but I don't know how'. Our data supports this – 83% of new UP App users had little to no prior experience and were unfamiliar with basic terms like dividend yield or dollar-cost averaging,' Khairi said. 'This reflects the need for the industry to simplify and demystify investing.' As part of its onboarding process, the app asks users about their investment goals – capital growth, income, short-term gains or long-term stability – to provide tailored support based on their risk appetite. Through tools such as fractional trading, CGS aims to offer both access and education, helping users gain real exposure with minimal risk and build capability over time. Looking ahead, Khairi said CGS International is optimistic about the continued growth of retail investing in Malaysia, driven by digital adoption, improved financial awareness and increased comfort with small-scale investing. 'But it's not just about growing account numbers. We're committed to nurturing a generation of confident, informed investors. Soon, users will be able to invest fractionally in US tech giants and blue-chip stocks through the UP App, with a simple onboarding process including US regulatory checks like the W-8BEN form.' He added that a syariah-compliant version of the app is in development and is expected to launch next year. 'This will offer faith-aligned investment options and support Malaysia's leadership in Islamic finance, in line with the Madani government's inclusivity goals. At the same time, initiatives like the Asean Investment Challenge continue to serve as a vital talent pipeline by introducing students to investing early,' Khairi said. 'By combining education with accessible technology, we're working to close the financial literacy gap and empower Malaysians to become long-term investors,' he added.
The Star
01-08-2025
- The Star
Tumpat cops deny losing detainees IC
KOTA BHARU: Police have denied allegations made by an individual who claimed he was fined RM300 by the National Registration Department (NRD) for losing his identity card while in police custody. Tumpat District Police Chief, ACP Mohd Khairi Shafie, said his department is aware of a viral social media post making the claim. "Police have strict Standard Operating Procedures (SOP) regarding the handling of detainees' personal belongings, including identity cards. All items are properly recorded and securely stored in a designated storage room,' he said in a statement on Friday (Aug 1). He said that the individual who made the allegations has five prior arrest records related to drug and criminal offences. "The latest arrest was on July 2 under Section 15(1)(a) of the Dangerous Drugs Act 1952. "At the time of arrest, the individual did not possess an identity card and only provided verbal information to the police,' he said. ACP Khairi advised the public to verify facts before sharing unverified information online, as it could mislead the public and tarnish the image of enforcement agencies. For any inquiries, the public is advised to contact the Public Affairs Branch, Tumpat District Police Headquarters at 09-7257222. — Bernama
New Paper
29-06-2025
- Politics
- New Paper
1 Singaporean, 17 Malaysians among 24 people evacuated from Iran to Kuala Lumpur
Seventeen Malaysians were safely brought home on June 22 from conflict-hit Iran. They were part of a larger group of 24 individuals that included six Iranians with close family ties to Malaysian citizens and one Singaporean. The evacuees touched down at Kuala Lumpur International Airport Terminal 1 at 11.03pm on June 22 via Malaysia Airlines flight MH781 from Bangkok, Thailand. Foreign Ministry deputy secretary-general (bilateral affairs) Ahmad Rozian Abd Ghani was at the arrival hall to welcome the returnees. Leading the group was Malaysia's ambassador to Iran, Mr Khairi Omar, who described the evacuation as "challenging but successful" amid mounting security concerns in the region. "We took a route far from the western frontlines, moving eastward out of Tehran by road," Mr Khairi told reporters shortly after arrival. "It was a long trip - over 24 hours on the road - and we even had to spend a night at the border." The evacuation, coordinated by the Malaysian Embassy in Tehran, saw the group endure a gruelling journey of more than 1,000km across Iran to reach the Turkmenistan border. "Thanks to the close cooperation of the Turkmenistan government, we were allowed entry and proceeded directly to Ashgabat airport for a connecting flight," he said. The evacuees then transited in Bangkok before arriving in Malaysia. While the latest group of evacuees is now safe, the ambassador said there are about 12 Malaysians still in Iran, most of whom are students or individuals married to Iranians. Mr Khairi assured that all remaining Malaysians are accounted for and currently safe. "We're doing our best to track their movements. Some have relocated from their usual places due to safety concerns, but we're maintaining communication as much as possible," he said. The Straits Times has contacted Singapore's Ministry of Foreign Affairs for more information. THE STAR/ASIA NEWS NETWORK
