Latest news with #Lim
Yahoo
3 hours ago
- General
- Yahoo
Measles inching closer to South Dakota
SIOUX FALLS, S.D. (KELO) — Measles is spreading, and since the initial outbreak in Texas, there are now more than 1,000 cases in the U.S this year. According to the Department of Health's website, there hasn't been a confirmed case of measles in South Dakota this year, but the infection is making its way closer every week. State panel says no to former law officer The measles outbreak started in Texas in late January and has spread to more than 25 other states. Dr. Peter Paul Lim of Avera and Dr. Ashley Sands of Sanford say the illness is extremely contagious. 'It's the most contagious infection that we know of, so in a room of ten people who are unvaccinated against measles and come into contact with that measles virus, nine of them will get sick with the measles infection,' Sands said. 'It's more contagious than Ebola virus. Everybody's scared about Ebola virus. This is more contagious than Ebola. This is more contagious than COVID-19,' Lee said. As of now, there are confirmed cases of measles in Iowa, Minnesota, North Dakota and Nebraska. The case in Nebraska is in Sheridan County, which borders South Dakota and is just south of the Pine Ridge Reservation. 'It's not a matter of if, it's a matter of when we're going to have a case here,' Lim said. Nebraska officials say the case involves an 'appropriately vaccinated child,' but local doctors say not to lose your faith in the MMR vaccine. 'It's not a guarantee that you're not going to have measles. A very, very, very rare chance. you can actually get it, but most of the time it's usually modulated, in a lot of instances as well. You will not be as contagious as if you've never had a vaccine,' Lim said. 'We know that people who are vaccinated and to do come in contact with the virus have much milder symptoms,' Sands said. Because getting vaccinated is the best form of prevention. 'It is very important that everyone gets vaccinated. In fact, I would say that's the most effective way, actually, to prevent measles,' Lim said. Both doctors say the first dose of the MMR vaccine is 93% effective. It's 97% effective once you get two doses, and once you get both of your shots, you don't need to another one for the rest of your life. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
NZ Herald
4 hours ago
- Health
- NZ Herald
Break Up With Breakouts: How To Get Rid Of Acne For Good, According To An Expert
Acne is a curable condition at skin clinic Anue. Acne doesn't discriminate. Pimples, pustules, nodules, cysts, blackheads, whiteheads... no one is immune to those pesky bumps that tend to crop up at the most inconvenient times (like right before a big event). Whether your breakouts are red and angry, or virtually imperceptible, if bumps are causing you bother, then that's reason enough to address them. We all have unique skin types, tones and lifestyles, which makes it even trickier to issue a piece of one-size-fits-all advice on how best to treat it. With its multi-disciplinary approach to personalised acne treatment, Auckland-based skin clinic Anue is delivering real, visible results for those suffering from acne. Under the guidance of founder and dermatologist Dr David Lim, Anue is leading the charge with dermatologically led treatments and evidence-based laser and skin therapy for a full 360-approach to treating acne and boosting skin health long-term. Acne is my favourite condition to treat,' says Dr Lim. 'Successful treatment can literally be life changing and gives me immense satisfaction.' The team at Anue believe acne is wholly curable – not a life-long sentence. By coupling dermatologist-led care with effective, personalised treatments, Anue makes clear, healthy skin within reach. Here to unpack the intricacies of acne and how best to banish bumps for good, Dr Lim shares his secrets to a clear complexion and the confidence that it brings. What causes acne? Scientifically speaking, acne is a disorder of the pilosebaceous unit in the skin (aka the hair follicle, hair shaft and sebaceous glands). Put simply, acne occurs when too much oil, dead skin cells or bacteria clog a pore, which triggers the body's inflammatory response, resulting in a red, raised lesion (a pimple). 'Acne can be caused by a complex interplay between hormones, microbiome and immune response,' Dr Lim says. What triggers acne can vary greatly from person to person, but some of the common causes include follicular hyperkeratinisation (or the shedding of dead skin cells which form a plug in the pore), hormonal fluctuations (sex hormones can stimulate the sebaceous glands to produce more oil) along with inflammation linked to bacteria like Cutibacterium on skin. Despite swirling rumours over acne being present on 'dirty' skin, or chocolate's role in causing breakouts, Dr Lim says both are common myths. 'There is countless health misinformation advocating for better hygiene or diet. Evidence demonstrates hygiene does not really play a role in acne and diet has minimal impact,' he says. How common is acne? Its impacts are far-reaching, with research revealing approximately 85% of teenagers and young adults experience some form of acne. However, Dr Lim explains acne is now considered a chronic condition which affects people from all walks of life – from childhood to teendom to adulthood. At Anue, the team has seen people as young as seven be impacted by acne, and while most cases will resolve by their early twenties, some patients will continue to suffer from the condition from their thirties and beyond. The hidden impact of acne It's not just the physical symptoms of acne that can be difficult to grapple with; there's a whole host of emotions that come with having acneic skin. Dr Lim explains acne can have a significant impact on mental health, self-esteem, social relationships and career choices. 'It's not just about clear skin, it's about transforming lives,' he says. 'By curing acne for good, we help restore confidence and improve the overall wellbeing of our patients, witnessing firsthand how real, lasting results can change lives for the better.' A common concern for those wanting to treat their acne is to minimise permanent scarring, and Dr Lim says expert treatment is the best course for acne to mitigate any atrophic (depressed) or hypertrophic (raised) scars. The team at Anue can recommend any additional treatments needed to help shut down the early stages of scarring, making clear, healthy skin achievable for all. How can you treat it? As with treating any skin concern, consistency is key. Together with an expert team of dermatologists, nurses and beauty therapists, Anue offers a multidisciplinary approach not seen elsewhere. 'A lot of skin clinics are not able to offer such a multidisciplinary approach, which can limit the treatments they offer and therefore limit the effectiveness of their results,' Dr Lim says. He's quick to acknowledge that while working with a specialist dermatologist can come with a higher price tag, it's often the best route for early and effective care which can save money in the long-term, not to mention help to side-step scarring. 'Delaying proper treatment can result in further scars developing. While there are new and effective treatments for scars, it is much better to avoid scars developing in the first place. Earlier treatment can result in better long-term results and minimisation of scars,' he says. Anue's tailored treatment plans include topicals like benzoyl peroxide, salicylic acid or prescription topicals, oral medications, along with chemical peels, light and laser therapies, microneedling to improve skin health and minimise the severity of scars. The professional, dermatologist-led concept goes far beyond just treatments, enabling every patient to both look and feel their best. And that doesn't end when your treatment does, either, Anue goes one step further to ensure that newfound confidence is lasting.
Yahoo
2 days ago
- Business
- Yahoo
Multi Ways Holdings Reports Financial Results for Fiscal Year 2024
SINGAPORE, May 27, 2025 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited ('Multi Ways', the 'Company' or the 'Issuer') (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announced fiscal year 2024 financial results. "We are pleased to report on the strategic advancements Multi Ways Holdings Limited has achieved over the past year," said Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways Holdings Limited. "Our ongoing fleet renewal and expansion initiatives are designed to meet the evolving requirements of our clients, ensuring they have access to the most advanced and dependable machinery available. With over two decades of industry experience, we have established ourselves as a reliable and trusted provider of heavy construction equipment." "Despite the challenges in the market that have impacted our revenue and profitability this year, we remain focused on our long-term strategic objectives. Our commitment to operational efficiency, cost management, and fleet optimization continues to be a priority as we navigate the current business environment." "Looking ahead, we are committed to maintaining our role as a comprehensive provider for heavy construction equipment needs. We continue to explore opportunities for growth and diversification while strengthening our core business. We remain focused on delivering exceptional value to our shareholders, customers, and the broader community, positioning Multi Ways for future success in the competitive landscape," concluded Mr. Lim. Fiscal Year 2024 Financial HighlightsOur total revenue decreased by approximately $4.9 million or approximately 13.7% to approximately $31.1 million for the year ended December 31, 2024 from approximately $36.0 million for the year ended December 31, 2023. The decrease was mainly attributable to reduced demand in our equipment sales business. Our cost of revenues decreased by approximately $6.0 million or approximately 22.0% to approximately $21.4 million for the financial year ended December 31, 2024 from approximately $27.4 million for the financial year ended December 31, 2023. This decrease was primarily aligned with the reduction in equipment sales volume. Our total gross profit amounted to $9.7 million and $8.7 million for fiscal years ended December 31, 2024 and 2023, respectively. Our overall gross profit margins improved to approximately 31.3% for fiscal year ended December 31, 2024 from approximately 24.0% for fiscal year ended December 31, 2023. The improvement in gross profit margin was primarily due to our strategic focus on higher-margin business segments and improved cost management. Selling and distribution expenses mainly included promotion and marketing expenses and transportation expenses for inbound and outbound shipments. Our selling and distribution expenses were approximately $1.7 million and approximately $1.0 million for the fiscal years ended December 31, 2024 and 2023, respectively, representing approximately 5.5% and approximately 2.6% of our total revenue for the corresponding years. Administrative expenses were approximately $8.7 million and approximately $10.8 million for the years ended December 31, 2024 and 2023, respectively, representing approximately 28.1% and approximately 29.9% of our total revenue for the corresponding financial years. The Company recorded share-based compensation expenses of approximately $1.2 million for the fiscal year ended December 31, 2024, with no comparable expenses in the prior year. Net loss amounted to $2.9 million for the fiscal year ended December 31, 2024, compared to net income of approximately $1.8 million for the fiscal year ended December 31, 2023. The decrease was primarily due to lower revenue, increased selling and distribution expenses, and share-based compensation expenses, partially offset by reduced administrative expenses and cost of sales. Cash Flows SummaryCash and cash equivalents were approximately $3.3 million as of December 31, 2024, compared to approximately $7.1 million as of December 31, 2023. Cash used in operating activities for the fiscal year ended December 31, 2024 was impacted by the net loss of $2.9 million, compared to cash provided by operating activities of approximately $0.06 million for the fiscal year ended December 31, 2023. Cash used in investing activities for the fiscal year ended December 31, 2024 was primarily related to capital expenditures and investments, compared to cash generated from investing activities of approximately $6.8 million for the fiscal year ended December 31, 2023, which had included proceeds from disposal of property and equipment of approximately $10.9 million. Cash provided by financing activities for the fiscal year ended December 31, 2024 included proceeds from bank borrowings, partially offset by repayments of lease liabilities and existing loans. Balance Sheet SummaryTotal assets were approximately $69.6 million, and total liabilities were approximately $49.5 million at December 31, 2024, compared to total assets of approximately $58.0 million and total liabilities of approximately $36.2 million at December 31, 2023. Working capital was approximately $20.2 million at December 31, 2024, versus approximately $20.9 million at December 31, 2023. Shareholders' equity was approximately $20.1 million at December 31, 2024, as compared to approximately $21.8 million at December 31, 2023. About Multi Ways Holdings LimitedMulti Ways Holdings supplies a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. With more than two decades of experience in the sales and rental of heavy construction equipment business, the Company is widely established as a reliable supplier of new and used heavy construction equipment to customers from Singapore, Australia, UAE, Maldives, Indonesia, and the Philippines. With our wide variety of heavy construction equipment in our inventory and complementary equipment refurbishment and cleaning services, Multi Ways is well-positioned to serve customers as a one-stop shop. For more information, visit Safe Harbor StatementThis press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as 'may,' 'should,' 'expects,' 'anticipates,' 'contemplates,' 'estimates,' 'believes,' 'plans,' 'projected,' 'predicts,' 'potential,' or 'hopes' or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur. Investor Relations Contact:Matthew Abenante, IRCPresidentStrategic Investor Relations, LLCTel: 347-947-2093Email: matthew@ in to access your portfolio
The Star
2 days ago
- Business
- The Star
International tour company now offers river cruising in Europe
River cruises have always been in demand in Western countries, particularly in Europe. This isn't surprising, as Europe has plenty of long rivers (like the Volga, Danube, Rhine and Loire) that usually takes a few days to sail through. While river cruise tourism is not common in Asia – except perhaps in China where the Yangtze River and Yellow River stretch for much, much further than those in Europe – Asian travellers do appreciate a good sail. The Asia Pacific market for cruise tourism is expected to soar, especially when it comes to luxury cruises. With that in mind, tour operator Trafalgar, more known for its guided land tours and experiences, recently launched its own river cruise product with two sail routes in Europe: Rhine and Danube. The river cruises will begin sailing in April 2026 with two ships, Trafalgar Verity and Trafalgar Reverie . At a recent launch event in Singapore, Nick Lim, chief executive officer (Asia) of The Travel Corporation, said that it made sense for Trafalgar to start offering river cruises as the trend has seen an uptick in recent years. 'That's the trajectory that we have seen. River cruise as a travelling style has caught on, especially in this part of the world. I think Asia Pacific is one of the fastest regions to catch on to this market, so we need to pluck into the demand, especially in Malaysia,' Lim said. He added that river cruising is still quite a novel idea in Malaysia, and that he hopes it will eventually appeal to the wider public. 'Trafalgar is a brand that has always come with a value proposition, and with our price points, we are hoping to get more Malaysians to try our river cruise experience.' Verity will set sail on the Rhine for 10 days, while Reverie runs on the Danube for eight days. The ships are pretty similar in size and capacity – each one is fitted with 64 staterooms (128 passengers on double occupancy), which includes river-view and balcony suites. Both ships will carry 39 crew members, boasting a ratio of about one staff per three guests. The ships were last refurbished in 2010 and are currently undergoing another round of refurbishment, to prepare for the April 2026 sailings. 'You can expect something new and fresh, yet at the same time the decorations and style will largely remain the same,' Lim shared. He revealed that the ships were formerly owned and utilised by Uniworld Boutique River Cruises, which is under the same parent company as Trafalgar, The Travel Corporation (TTC). 'Uniworld always puts in a lot of effort into making their ships look great. In fact, Beatrice Tollman and her daughter (Vicki) hand-picked the paintings, chandeliers and most of the furnishings in the Uniworld ships. 'So that means there isn't a cookie-cutter ship under the brand; there's a bit of a personalised feel to it. And since Trafalgar took over the ships from Uniworld, we decided to keep the general style and design,' Lim said. (The Tollman family started TTC in the 1920s and has held ownership of the company until last year, when it was sold to US-based asset management firm, Apollo Private Equity Funds.) A preview of a stateroom on the Trafalgar Reverie. The cruises will include numerous ground excursions in the itineraries. Highlights for the 'best of the Rhine and Amsterdam' cruise on the Verity include landmarks like the Airborne Museum and Bridge Too Far in Arnhem, the Netherlands, as well as the Deutsches Eck or German Corner in Koblenz, and Rheinstein Castle in Trechtingshausen, Germany. Meanwhile, the 'best of the Danube' cruise on the Reverie features walking tours in Germany's historic city of Passau where the Inn, Danube and Ilz rivers meet, the Medieval Old Town of Bratislavia in Slovakia, and other exciting cultural experiences. 'We've always been about making it easy for travellers to connect with the heart and soul of every destination. Now, we're bringing that same philosophy and unmatched experience to Europe's iconic rivers,' said Lim in an earlier statement. Guests will also be able to immerse themselves in local culture when they participate in Trafalgar's popular 'Be Our Guest' and 'Make Travel Matter' experiences. Onboard entertainment will include regional performances and in-house demonstrations like baking. There are also wellness programmes to look forward to like spa and yoga sessions, as well as complimentary bicycles for off-shore excursions. As for meals, guests will be treated to local and regional favourites and specialties during each meal, with lots of other international varieties at hand. You can rest assured that everyone will be well fed onboard! Trafalgar's river cruise journeys are now open for bookings for sailings beginning April 11, 2026. Rates start from US$2,799 (RM11,931) per person, based on double occupancy. For more information visit
New Straits Times
2 days ago
- Business
- New Straits Times
MGB posts 4.5pct revenue growth to RM227.7mil in Q1 on strong project progress
KUALA LUMPUR: MGB Bhd, a construction and property development solutions provider under LBS Bina Group Bhd, posted steady revenue growth for the first quarter ended March 31, 2025 (Q1FYE2025), supported by continued progress across its core development projects. The group recorded RM227.7 million in revenue for Q1FYE2025, a 4.5 per cent increase from RM217.9 million in the same quarter last year. Pre-tax profit stood at RM17 million, with profit after tax at RM12 million. The improved performance was mainly attributed to the property development segment, which posted a 30.3 per cent year-on-year revenue increase to RM114.2 million, driven by strong contributions from projects such as Idaman Cahaya Phase 2 and Idaman Sari. Meanwhile, the construction and trading segment posted RM192.8 million in revenue, including RM79.3 million from internal transactions. As of March 31, 2025, MGB maintained a healthy financial position, with RM66.9 million in cash and bank balances while maintaining a conservative 0.1 times net gearing ratio. This highlights the group's disciplined financial management and strong balance sheet, providing day-to-day operational flexibility and capacity for strategic investments without straining its financial foundations. Commenting on the Q1FYE2025 results, MGB group executive chairman Tan Sri Dr. Lim Hock San said that MGB is strategically expanding its presence in the affordable housing, commercial and industrial development sectors as it maintains a cautious optimism on its property development outlook, driven by sustained demand for high-quality, affordable homes. "Riding on this momentum, we are well positioned for continued growth, harnessing the efficiency of our Industrialised Building System (IBS) precast concrete and further streamlining operations for maximum productivity. "Moreover, our regional expansion initiatives, including progress in Saudi Arabia, reflect our readiness to grow beyond domestic borders. This is evidenced by the second purchase order secured from Sany Alameriah in March this year, valued at approximately RM88.6 million. "Building upon our initial success, this follow-on order brings the total contract value to RM207 million, encompassing the construction of 726 residential units," he said in a statement. Lim said that MGB's successful entry and growth within international markets, coupled with the group's focus on innovation and productivity, validate the strength of its strategic approach. "These efforts collectively enhance our ability to capture market opportunities and uphold our standards of reliability and excellence and eventually provide greater earnings visibility moving forward," he said. MGB has proposed a final dividend of 1.54 sen per share for the fiscal year 2024, bringing the total dividend to 3.06 sen, in line with the group's policy of distributing at least 30 per cent of profit after tax and minority interest. The group's current construction order book and unbilled property sales stand at a commendable RM1.2 billion and RM584 million, respectively, as of April 30, 2025. This robust pipeline, supported by the group's solid financials and talented team which focused on innovation, along with the balancing and integrating of its environmental, social and governance principles into its business model, will bolster its performance in the upcoming quarters, ensuring continued growth and success.
