Latest news with #Ong

Barnama
10 hours ago
- Business
- Barnama
iCents Group Eyes 10 Pct Revenue Growth For 2026
BUSINESS KUALA LUMPUR, July 17 – Cleanroom and other facility services provider, iCents Group Holdings Bhd make its debut on the ACE Market of Bursa Malaysia Securities, today. (Photo credit: iCents Group Holdings Bhd) KUALA LUMPUR, July 17 (Bernama) -- iCents Group Holdings Bhd has targeted a 10 per cent growth in revenue for 2026, driven by an expected rise in contribution from its manufacturing operations. Managing director Ong Mum Fei said the group's manufacturing of cleanroom fixtures and related products accounts for 10 to 15 per cent of overall revenue, with contribution expected to rise as the company ramps up production and expands its facility. 'We are also progressively securing projects over the next few months. This year, we anticipate securing more data centre projects, although most of the recognised revenue will come in 2027,' he told a press conference after the company's listing ceremony here today. iCents made its debut on the ACE Market with its share price opening at 29 sen, a five sen premium over its initial public offering (IPO) price of 24 sen, with 13.59 million shares traded. The group is mainly involved in providing cleanroom services, including engineering, procurement, construction, and testing, and the commissioning of cleanrooms catering to semiconductor and electronics manufacturing, data centres, pharmaceutical, and life sciences sectors. Ong noted that the company's new facility in Mantin, Negeri Sembilan, is expected to begin operations in the first quarter of next year, while the plan to tap local and international markets like Kuching, Sarawak and Jakarta, Indonesia, is expected to materialise within a year. He said that the clean room and facility service provider does not currently have a dividend policy but is planning to introduce one. "We are planning to allocate a payout of between 20 and 25 per cent of annual profits while balancing the need to retain funds for capital expenditure," he said. On the impact of tighter export controls, Ong said the group does not foresee any immediate effect on its business because most of its revenue comes from recurring sources.


Free Malaysia Today
a day ago
- Free Malaysia Today
Badminton coach claims trial to causing toddler's death in crash
The offence was allegedly committed at Km144.9 of the PLUS highway, near Muar, at about 7.35am on May 26. PETALING JAYA : A 26-year-old man claimed trial in the Muar magistrates' court today to causing the death of a two-year-old in a crash on the North-South Expressway (PLUS) in May. Ong Kai Wei, a badminton coach, pleaded not guilty after the charge was read to him before magistrate Suzana Mokhtar, Berita Harian reported. Ong is accused of driving a multipurpose vehicle recklessly and causing the death of Ayesha Sofea Anwaruddin, who was a passenger in a car. The offence was allegedly committed at Km144.9 of the PLUS highway, near Muar, at about 7.35am on May 26. The charge was framed under Section 41(1) of the Road Transport Act 1987, which provides for up to 10 years in jail and a maximum RM50,000 fine upon conviction. Deputy public prosecutor Nur Amieerah Alludeen prosecuted, while Ong was represented by lawyer Siti Nurashikin Fuaddin. Ong was allowed to post bail at RM5,000 but had his driving licence suspended pending the disposal of the case. The court fixed Aug 20 for case mention.


New Straits Times
a day ago
- New Straits Times
Badminton coach charged over crash that killed toddler
MUAR: A badminton coach who allegedly caused a fatal crash that claimed the life of a two-year-old girl in May was charged at the Magistrate's Court here today. Ong Kai Wei, 26, claimed trial after the charge was read before Magistrate Suzana Mokhtar. He is accused of recklessly driving a multi-purpose vehicle (MPV) that collided with a car carrying a family of three, resulting in the death of two-year-old Ayesha Sofea Anwaruddi. The incident took place at Kilometre 144.9 of the North-South Expressway (northbound) at 7.35am on May 26. Ong was charged under Section 41(1) of the Road Transport Act 1987, which carries a maximum jail term of 10 years, a fine of up to RM50,000, and disqualification from holding or obtaining a driving licence for not less than five years, upon conviction. Deputy public prosecutor Nur Amieerah Alludeen prosecuted, while Ong was represented by lawyer Siti Nurashikin Fuaddin. The court allowed bail at RM5,000 and fixed Aug 20 for mention and document submission. The court also ordered Ong's driving licence suspended pending the outcome of the case. In the crash, Ayesha Sofea succumbed to her injuries after two days in the intensive care unit (ICU) at the Sultanah Fatimah Specialist Hospital. The impact had forced the family's car off the highway and into a guardrail after being struck by the MPV.

New Paper
2 days ago
- Sport
- New Paper
Group 1 box ticked for Ong, third title next
Trainer Jason Ong has finally landed his long-awaited Group 1 victory in six years of training, after Filial Dragon triumphed in the Perak Gold Vase (1,100m) in Ipoh on July 13. Despite being crowned Singapore champion trainer twice, the Group wins have eluded the 37-year-old Singaporean since he began training at Kranji in 2019. But Ong did come close when Major King - defeated by a nose - flew home for second to Pacific Emperor in the 2023 Group 3 Merlion Trophy (1,200m). This time, he went into the Perak Gold Vase with confidence, and Filial Dragon easily saluted by three lengths under Troy See. "I watched the race live and was happy with how it went. I was glad to tick that off my bucket list with a horse that's been with me since Kranji days," said Ong, who is in Australia. "It was definitely a memorable win as the Perak Gold Vase was first held in 1950. It's a great privilege to be part of history. "Super Salute was the biggest threat, but I told Troy to stay behind the speed and be patient because he (Filial Dragon) has a good turn of foot." With that maiden Group 1 win out of the way, Ong will now challenge himself for a third champion trainer's title, and his first one in Malaysia. "I always want to remain competitive and (winning) the title would mean a lot to me," said Ong, who sits on top on 57 wins. "It's a great effort from my team that horses are running well and I'm quite proud to be leading." sharonzhang@


Pink Villa
2 days ago
- Entertainment
- Pink Villa
Ong Seong Wu eyes post-military drama comeback with Love: Track? All about one-act series, Lee Joon appearance, more
K-pop idol turned actor Ong Seong Wu is reportedly gearing up for his small screen comeback following his military discharge. According to multiple industry insiders on July 15, Ong has been cast as the lead in the upcoming KBS drama. His episode is tiltled First Love is Like a Wired Earphone (literal translation). It's a part of the 2025 one-act drama series Love: Track. If confirmed, this will mark Ong's first drama appearance since completing his military service in October 2024. The short-format series is expected to begin airing in the second half of 2025. It will feature a lineup of 10 standalone romance episodes, each running approximately 30 minutes. Ong Seong Wu to lead first love episode KBS has long upheld a tradition of single-episode dramas through titles like Drama City and Drama Special. In 2025, that format returns under a new name Love: Track. It focuses exclusively on different stories of love, exploring everything from first crushes to mature romance. Ong Seong Wu is reportedly leading an episode centered around first love, a theme expected to resonate with younger audiences. His participation hasn't been officially confirmed by his agency or the production team. But the news has already generated excitement among fans who've been eagerly waiting for his comeback to scripted television. Ong Seong Wu's post-military career gathers steam Following his discharge in October 2024, Ong has steadily begun reconnecting with the entertainment scene. He lent his voice to the animated film Nico and recently starred in the stage production of Shakespeare in Love. He showcased his range as a performer. However, fans have particularly been looking forward to his return to dramas. It's a space where Ong first made a strong impression with roles in Moment at Eighteen, Idol Fever, and more recently, Strong Girl Nam Soon. His rumored casting in Love: Track is seen as a major step toward reviving his on-screen acting career. Many anticipate a full-fledged return to dramas and possibly more ambitious projects to follow. Lee Joon also joins the one-act series In addition to Ong, actor Lee Joon has also been reportedly cast in a separate episode of Love: Track titled One Star's Love. He is set to portray a character defined by his extremely rational and efficient personality, who unexpectedly finds himself confronting the chaos of love. Like Ong's episode, One Star's Love is part of the same 10-episode format exploring diverse love stories through varied characters and settings. Anticipation builds ahead of airing Though neither actor's casting has been formally confirmed, the buzz surrounding Love: Track is steadily growing. With two high-profile names attached, viewers are expecting a fresh, emotionally charged anthology that offers a new perspective on modern relationships.