Latest news with #Pan
Nikkei Asia
5 days ago
- Business
- Nikkei Asia
Jardine Matheson names first Chinese national as CEO
TOKYO -- Jardine Matheson Holdings, a British conglomerate with roots in Asia, has appointed its next CEO: Lincoln Pan, currently a partner and co-head of private equity at Hong Kong investment firm PAG. A public relations representative confirmed to Nikkei Asia that Pan will be the first Chinese national to take the CEO post at Jardines, which has almost two centuries of history and began as an opium trader.
The Star
5 days ago
- Business
- The Star
Gabungan AQRS poised for rebound on potential job wins
PETALING JAYA: Gabungan AQRS Bhd is expected to see improved earnings ahead, supported by the rollout of major infrastructure and property projects, following weaker results for the nine months ended March 31, 2025 (9M25). According to RHB Research, the group could benefit from potential job wins linked to the reinstatement of five Light Rail Transit 3 stations, due to its prior experience working on the Shah Alam Stadium and Glenmarie stations. It is also poised to gain from Phase 1B of the Pan Borneo Highway in Sabah, where its 49%-owned SEDCO Precast Sdn Bhd is a contender to supply precast components worth an estimated RM400mil to RM500mil. The formation of new property joint ventures, such as the Serena Gambang project in Pahang, may further boost earnings. RHB Research noted that, as of today, the group has an outstanding construction order book of RM335mil, which the research house described as 'reasonable at this juncture, as job awards have yet to pick up.' Meanwhile, its Johor Baru development, The Peak, may gain traction due to its proximity to the Johor Baru–Singapore Rapid Transit System Link station. The group has unbilled property sales of RM191mil. In the third quarter of financial year ending June 30, 2025 (3Q25), Gabungan AQRS posted a net loss of RM7.88mil, or a basic loss per share of 1.45 sen. This compared with a net profit of RM3.18mil, or a basic earnings per share of 0.58 sen, in the same quarter last year. Revenue also dropped from RM66.96mil to RM41.08mil during the quarter. For 9M25, the group recorded a net loss of RM16.13mil, compared to a net profit of RM16.91mil in the same period last year. Revenue also dipped from RM376.05mil to RM151.31mil. The negative deviation was due to a weaker-than-expected property division and higher-than-estimated sales costs. While Gabungan AQRS' results missed the research house's forecasts, they exceeded street expectations, accounting for 56% and 115% of the respective full-year projections. Following the results, RHB Research trimmed its FY25 to FY27 earnings forecasts by 14%, 10% and 13%, factoring in slower property revenue recognition and more conservative cost assumptions. 'We also take the opportunity to ascribe a lower target price-to-earnings (PE) (ratio) of eight times, as Gabungan AQRS' remaining orders have not been replenished at the same pace as that of peers,' it added. Nonetheless, RHB Research maintained a 'buy' call on the group, with a revised target price of 33 sen. 'Given the plethora of catalysts and its track record in infrastructure projects like Mass Rapid Transit 1 and Sungai Besi-Ulu Klang Elevated Expressway, the stock remains undervalued relative to peers, trading more than two standard deviations below its five-year mean PE – which justifies our firm 'buy' call,' it added.
Time of India
6 days ago
- Time of India
Trafficking accused arrested, used fake docus for passport
Mumbai: A 49-year-old agent, who was wanted for three years in connection with a case of human trafficking and facilitating illegal immigration to the US, has been found involved in a fresh case of passport-related misrepresentation. Zakir Shaikh, a Goregaon resident, was held by the State Monitoring Cell (SMC) of the Gujarat Police recently. Police said Shaikh presented forged documentation before the Regional Passport Office, Malad East, to obtain passports under a different identity. In Dec 2022, the SMC had registered an FIR at Ahmedabad's Sola High Court Police station against 18 people, including Shaikh, for conspiring among themselves and with others "to commit large scale passport fraud and human trafficking for financial gains between 2015 and 2022." These 18 accused are based out of Mumbai, Delhi and Gujarat, and one of them lives in New Jersey, US. Their targets were people wanting to enter the US illegally through the US-Mexico border. The accused either contacted such people directly or through intermediaries. Using fake or forged documentation, they applied for visas of foreign countries for their targets. The SMC investigation has shown that they facilitated illegal immigration to the US on the basis of these documents, charging Rs 60 lakh to 70 lakh for individuals, Rs 1 crore to Rs 1.25 crore for couples, and Rs 21.75 crore in cases involving children. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Police said Shaikh applied to the Regional Passport Office at Malad using a false identity-- Sait Sameer Kareem. A different place of birth, date of birth and mother's name was mentioned in this application. Proofs, such as Aadhaar card, driving licence and Pan card were provided to support the false identity. The application also claimed that he had studied up to class X when he had never actually been to school. Shaikh used the passport to flee from India, despite a Look Out Circular (LOC) being issued against him. Initially, he travelled to the UAE. The interpol issued a Red Corner Notice against him. Subsequently, he re-entered India through the Indo-Nepal Border. A fresh FIR was registered against him at the Dindoshi police station on May 25 in connection with the passport-related misrepresentation. Police said Shaikh has passport-related offences registered against him in Delhi as well.
Otago Daily Times
7 days ago
- Otago Daily Times
From myth to music, the Goatman lives on
Young people in Lyttelton are forever forming bands. One such is a three-man outfit called Beware the Goatman, who are about to launch an album and are planning some publicity for it. I know all this because one of the members of Beware the Goatman sent me an email. It was well spelt, well punctuated and intriguing. He wanted to know whether, as a long-term resident of Lyttelton, I had any good stories about the Goatman. "What Goatman?" I replied. "The Goatman of Lyttelton." "I'm all ears," I said, whereupon the young man told me about a character that haunted the upper streets of Lyttelton seeking out children to terrify. Why, I wondered, had I not heard of this before? Later that day I went into the newsagent's where I found Paul the newsagent behind his counter and a middle-aged woman studying the greeting cards. If anyone has his finger on the pulse of Lyttelton it is Paul the newsagent. "Tell me about the Goatman," I said. "What Goatman?" said Paul. I was about to share the little information I had when the woman looked up from the greeting cards. "I'll tell you about the Goatman," she said. Some 30 years ago, when she was about 10, her best friend claimed to have been grabbed by the Goatman on Harman's Rd, but she'd struggled and managed to escape. The Goatman had been an adult male in a mask made from an actual goat's head. The woman spoke with conviction. I have since asked a dozen or more people. Generally the women were more forthcoming than the men, but no two versions of the Goatman story were the same. In essence, it seems that the idea of a Goatman, if not an actual Goatman, has been scaring the children of Lyttelton for decades. His dwelling varies, from an actual address on St David's St to the Anglican cemetery. His nature varies from an actual old man in a mask to a hairy horror monster. He knocks on windows and he hunts girls. By doing so he sends this small town, which has existed as Lyttelton for less than two centuries and as Ohinehou for fewer than five, spiralling back down time's tunnel to the dawn of human history. Goatmen go back. Ancient Greece had a Goatman. This was Pan, the pagan god of the wild and of flocks and, interestingly, of music. Pan had the legs, loins and horns of a goat. (And it seems that the name Pan derives from an even earlier god, identified in the proto-Indo-European language from which all Western languages evolved.) Rome had a Goatman, too, the satyr, built on the same lines as Pan. From him we get satyriasis, the disease — if that is the right word — of excessive and unbridled lust. But the supreme Goatman, the apotheosis of Goatmen, has to be the Christian Satan, invariably depicted with a goat's horns, eyes, skull, back legs and cloven hooves. So it's no surprise that goats fare poorly in the Bible. Matthew tells us that on the day of judgement the son of man (and there's an expression I've never understood) will come to separate the sheep from the goats, putting the sheep on his right side and the goats on his left. He will then welcome the docile and innocuous sheep into the kingdom of heaven, but he will fling the wilful goats into the pits of everlasting hell, which all seems a bit tough. What have goats done to deserve this? Well it seems they have been unruly. Goats are hard to restrain and contain. Unlike sheep, they do not follow each other and they are great escapers. They are also compulsive omnivores with a taste for laundry. But above all they love sex. The bucks go at it with a shameless vigour, fighting for mating rites, dowsing themselves in their own urine and leaping aboard whenever the opportunity presents itself. And they grin while doing so. And that is the point of Goatmen. They are unrestrained and they delight in their unrestraint. Pan grinned, the satyr grinned, the devil famously grins. They enjoy their sins. Goats represent our animal spirits, the side of our nature that the great religions seek to repress. But it won't be repressed. Regardless of disapproval the anarchic joyous id insists on bubbling up. Whether in distant Arcadia or darkest Lyttelton, the Goatman lives. And it's the Goatman that makes the young form bands. — Joe Bennett is a Lyttelton writer.
Yahoo
7 days ago
- Climate
- Yahoo
Coastguard team called out to 'Pan Pan' distress call off the coast of West Cumbria
COASTGUARD teams were called out by a 'Pan Pan' distress call. Whitehaven Coastguard and Workington Lifeboat were called out to the distress call by a pleasure craft. A 'Pan Pan' distress call is used when a vessel is in an urgent situation that is not immediately life-threatening but requires urgent assistance. In a post on social media, Whitehaven Coastguard wrote: "A Pan Pan distress call was received for a 15-meter pleasure craft taking on water around 15 nautical miles off Whitehaven. "Our team deployed to a vantage point at Quarry Cottages, Sandwith, to get a visual of the casualty vessel, with Workington Lifeboat soon alongside. "The vessel was managing to make way under the use of one of its engines, and so the lifeboat escorted it back to the safety of Whitehaven. "Our team relocated to Whitehaven Marina, where staff prepared their crane for an immediate lift of the vessel out of the water. "The Coastguard and Lifeboat crews remained on scene until all crew were safely off the vessel and it was being winched out of the water by marina staff."
