Latest news with #RM1.4mil
The Star
3 days ago
- Politics
- The Star
Asean News Headlines at 10pm on Wednesday (May 28, 2025)
Malaysia * Govt firmly opposes normalising LGBTQ+ culture, says Na'im * Urgent PKR leadership council meeting called to discuss Rafizi, Nik Nazmi's resignations, says party insider * Dr Mahathar Abd Wahab appointed as new Health DG * PM Anwar approves leave for Rafizi, Nik Nazmi, mum on resignations * Cabinet resignations signal need for reshuffle, say analysts * Nurul Izzah praises Rafizi for speaking the truth without fear * Baby at Danau Kota taska choked to death, say cops * Speculation mounts that S'gor MB Amirudin may get Cabinet post * Johor cops seize RM2.3mil in drugs, nab eight in raids on two syndicates * Ipoh international school says will take action to foster kindness, respect after boy allegedly beaten up by schoolmates * Pharmacy fined RM50,000 for misleading price on product * Appeals Court upholds man's 30-year jail term, 24 strokes of the cane for drug charges * June 3 set for hearing of Anwar's bid to refer immunity questions to apex court * Nik Nazmi also resigns from Cabinet * Anwar declines to comment on Rafizi's resignation * Retirement age extension must balance veteran respect, youth opportunity, says Azalina * Audit institutions should be empowered to operate independently, says Anwar * Rafizi: I've submitted my resignation as Economy Minister * KK-Labuan ferry resumes operations with first trip at capacity * Malaysia must adopt AI but cannot forgo the right values, says PM * Elephant-feeding by NGO puts East-West Highway users at risk * Elderly company director loses RM1.4mil to online trading scam Singapore * Indonesian man to be charged in Singapore for buying KrisFlyer accounts illegally to use air miles on purchases * Singapore actor Ayden Sng gets publicity boost in China for upcoming shows * Kia launches first EV assembled in Singapore * Corruption reports and cases in Singapore fell to all-time low in 2024 * Only breeding pair of peregrine falcons in Singapore hatch two chicks for first time * Singapore judge rejects prosecutors' request to strike out fugitive Indonesian's allegations against Corrupt Practices bureau * Traveller who stole credit card, over US$200 in cash during Scoot flight gets ten months' jail * Singlish-savvy Singapore AI chatbot can check in on seniors, intercept scam calls Indonesia * Prabowo says ready to recognise Israel if Palestinians get state * Narcotics agency, police foil largest drug smuggling attempt in Indonesian history * Plan to install stairlifts in Borobudur to welcome Macron draws controversy * Suspected terrorist taken into custody by Indonesian counter-terror unit * France's Macron, Indonesia's Prabowo to discuss strategic partnerships * Defying all odds with nuclear power * Australian man held over smuggling cocaine to Bali Thailand * Thai PM presents US$115 billion budget to parliament to support lacklustre economy * No more excuses! Bikers without helmets in Thailand face up to THB 2,000 fine starting June 1 * Two police pilots told friend of possible helicopter crash night before tragedy * Policeman killed, another injured in shootout with insurgents in Narathiwat * Global EV stockpile sparks new price war as Thailand faces after-sales challenges * Thai-Cambodian troops clash in early morning gunfire at Chong Bok border * Thaksin declares war on drugs again, vows community scans for pushers Philippines * Father, son suspected of killing cop nabbed in Sultan Kudarat, Philippines * Philippines to US: Deport our citizens to Manila, not El Salvador * Filipino 'Anak' singer Freddie Aguilar died of multiple organ failure says ex-partner * In macabre street scene, woman in the Philippines crawls out of storm drain * Ex-Philippine rep Arnolfo Teves rearrested in Timor-Leste; son cries 'kidnap' * Kanlaon Volcano in the Philippines emits over 1,000 tonnes of sulphur dioxide Vietnam * Vietnam approves plan to develop high-tech human resources * Vietnam tuna exports to halal markets rise, but more supporting policies needed Myanmar * Fire that killed four women at bar in Mandalay caused by short circuit: fire dept * Myanmar deports 67 foreign nationals involved in telecom fraud and online crimes * Myanmar reports 82 railway mine attacks, 176 railway bridge blasts by insurgents in four years Cambodia * Cambodian soldier killed in clash with Thai army at disputed border * Cambodia reports fourth bird flu death this year Laos * Laos, China strengthen ties to boost cardiovascular treatment Brunei * Brunei's Sultan Hassanal Bolkiah in good health, resting, says Anwar * Bank Islam Brunei unveils development project in support of 12th National Development Plan goals * Brunei Sultan resting at IJN due to fatigue Aseanplus * Asean All-Stars upset Man United 1-0, thanks to Myanmar captain Maung Maung Lwin * Malaysia in final lap to bid for UN-Habitat General Assembly presidency, says Nga * Public outrage as China woman told to make in-person withdrawal dies outside bank * Malaysia's very own neo-psychedelic band Ramayan are going mainstream with new experimental album, 'Ini adalah ujian transmisi' * Asean Sec-Gen hails 'twin successes' of 46th Summit with Vision 2045, Timor-Leste admission * Former Chinese actor Li Yapeng works hard to repay RM23.5mil debt amid divorce rumours * Samsung India executives seek to quash $81 million penalty over tax evasion * What's in a name? Japan bans flashy baby names like Pikachu and Nike * Residents fear for safety after deadly blast at China chemical plant * Fuel prices May 29 - June 4: Diesel down 3 sen while RON95, RON97 stay unchanged * Ringgit rebounds against US dollar on improved risk appetite * Pope Leo appeals for Gaza ceasefire, laments deaths of children * One in three indebted young Koreans had suicidal thoughts: survey * Six dolphins rescued in Lucknow, India * China's Li Qiang calls for 'vibrant economic circle' with Asean, Gulf states * Arctic warming seen at three times global average in years ahead, UN weather agency says * Selangor Immigration detains 83 in Alam Megah warehouse raid * SEA presents untapped opportunities for investment, says UAE minister * Residents pick up the pieces one day after deadly China chemical blast * Sri Lankan leftist government begins privatisation * China issues flood warnings after heavy rain in southern regions * Bhutan's emigration dilemma: Will they return? * TVB star Roger Kwok, 60, addresses dating rumours with 23YO former Miss Hong Kong Hilary Chong * Japan urges universities to accept students in US * Hridayendra Shah may be king if monarchy is reinstated in Nepal, RPP-Nepal chair Kamal Thapa suggests * Sabahan lass Wani Kayrie gets into the groove with her new traditional-pop single 'Cak Cak Cekuk' in celebration of the Kaamatan festival * China's answer to World Bank to open Singapore, HK offices * Jia Jia and De De chosen as names for Hong Kong's twin panda cubs * South Korean acting President leads final Cabinet meeting before election * Brazilian prosecutors sue BYD over allegations of slave-like labour conditions * Mr Nusantara showpiece bows in - a one of a kind male beauty pageant that features the best from Malaysia, Singapore and Indonesia * Study says new Jurassic bird fossil is 'missing link' * Cricket-From dazzled to dazzling, Bengaluru's Jitesh makes his mark in IPL * Malaysia-China trade hits RM161.98bil from Jan-April 2025 - Matrade * Australia's opposition coalition reunites a week after split * No security incidents during 46th Asean Summit, says Bukit Aman * FBM KLCI ends slightly higher at midday on cautious sentiment * Asia boosts weapons buys, military research as security outlook darkens * Japan Expo 2025 draws five million visitors in first six weeks * Sze Fei-Izzuddin stand as world No. 1 with smooth win in Singapore * With buoy and camera, 32-year-old diver redefines life as a Jeju haenyeo * Malaysia's PPI falls 3.4% in April 2025, led by mining sector decline * Big surprise in sumo. The sport has a new champion - and he's Japanese * Hospital access restricted, schools closed as police search for gunman in Australian town * Malaysia, Indonesia to spearhead single global halal logo * A 17-year-old reaches top of tallest mountain in the world * Malaysia has done well by working with both US and China, says Saifuddin * 144 victims saved in CID crackdowns on human trafficking, says IGP * It's official: WhatsApp now available for download on iPad * Outcome of Sarawak's Asean Heritage Park nominations to be known in September * Asian shares, US$ climb on rosy data, tech optimism * Asian stocks track Wall St rally as trade fears ease, eyes on Japan debt * Muslim Australian lawmaker says she was urged to drink, 'dance on table' * South Korean presidential candidates debate various issues in televised address * Oil prices inch up as U.S. bans Chevron from exporting Venezuelan crude * US stops scheduling visa interviews for foreign students while it expands social media vetting * South-East Asia sees near 150% rise in heart disease, study shows * Bursa Malaysia makes cautious rebound on the heels of Wall Street rally * Asean voices deep concern over US tariffs, commits to regional economic unity * Ringgit edges down on improving US data * Moving away from traditional gifts * Lawsuit over false adoption * Large blast hits chemical plant in Shandong, no casualties reported * 'Everest Man' on top of the world after breaking own record * Seoul slaps travel bans on two former acting presidents * 'US plans risk war in space' * 'Elder Sister' and 'Little Brother' get official names * Opposition chief takes the lead * Tang Jie-Ee Wei make winning return in Singapore Open * Timor-Leste to join Asean in October * Malaysia views US tariff cut to 10% as favourable * PM: It's time to turn vision into reality * Tennis-Djokovic makes smooth start to bid for 25th Grand Slam title * Asean leaders head home after two-day summit
The Star
3 days ago
- Business
- The Star
Glostrext posts record performance for FY25
KUALA LUMPUR: Glostrext Bhd said that while it remains mindful of potential economic challenges, its strategic initiatives, innovative solutions, and diversified portfolio have positioned the group for sustained long-term growth. The geotechnical instrumentation and testing service provider remains committed to executing its long-term strategies through a balanced and proactive growth approach, while closely monitoring market dynamics. 'We remain committed to operational excellence, maintaining our focus on delivering value to our shareholders, customers, and employees. 'We remain optimistic about our future financial performance, anticipating continued demand growth for our services,' Glostrext said. In the fourth quarter ended March 31, Glostrext posted a net profit of RM1.4mil, lifting its full-year net profit to RM6.9mil. Quarterly revenue surged 61.3% to RM9.7mil, bringing the full-year total to a record high of RM34.9mil. As of March 31, Glostrext maintained healthy financials with cash and bank balances of RM13.68mil and positive operating cash flow of RM4.71mil. Its net assets per share of the company stood at 0.15 sen. Managing director Ir. Dr. Lee Sieng Kai attributed the stellar results to the company's ongoing investment in innovation and operational excellence. 'Our commitment to enhancing technologies has significantly improved both our operational efficiency and financial performance,' he said. 'Notably, our proprietary WiNA-platform-based Automated Maintained Load Test System (WiNA-aMLT) has strengthened our competitive edge in the market.' 'Our core segments—pile instrumentation and static load test services, along with structural and ground instrumentation and monitoring services – continue to perform strongly in both Malaysia and Singapore, delivering substantial revenue and profit growth,' he added.
The Star
4 days ago
- Business
- The Star
Elderly company director loses RM1.4mil to online trading scam
IPOH: A 75-year-old company director here lost about RM1.4mil after falling victim to an online trading scam. Perak police chief Comm Datuk Noor Hisam Nordin said the man had on April 15 received a call from an unknown woman offering him to be a business partner who buys products from foreign companies. "Having supposedly checked the status of the company, which he found to be operating since 1989, he agreed to take part. "He was asked to download a mobile app SHV Shop that sells luxurious branded items," Comm Noor Hisam said in a statement on Tuesday (May 27). "If someone wants to buy a product, the man would need to pay for it up front and he would get 30% in commission," he said, adding that his first transaction of about RM22,122 was made through a cash deposit machine to a bank account of said company. "Having received the return, he trusted the company and conducted online and over-the-counter transactions of about RM1.4mil into six different bank accounts. "After the transactions, he stopped receiving any returns and he realised he has been cheated," he added. Comm Noor Hisam said the man lodged a report on Sunday (May 25), with the case to be investigated under Section 420 of the Penal Code for cheating. "The police would like to remind the people to be careful of investment schemes that promise overly-high returns. "Also check trustworthy sources like SemakMule, Bank Negara and Securities Commission to get more information before investing in any schemes," he added.
