Latest news with #RM176
The Sun
6 days ago
- Business
- The Sun
Chinese man sues gym after paying over RM500k for 300-year membership, owner disappears
A fitness enthusiast in eastern China has taken a gym to court after spending over 870,000 yuan (approx. RM506,580) on memberships and lessons spanning an astonishing 300 years — only for the management to vanish with his money. The man, identified as Jin, told Zhejiang Television that he had been a loyal member of Ranyan Gym in Hangzhou's Binjiang District for three years when a sales executive pitched him an offer too good to resist. 'From May 10 to July 9, I bought about 1,200 lessons and membership cards with an accumulative validity period of 300 years, at a total cost of 871,273 yuan (approx. RM512,312),' Jin said, showing the station 26 signed contracts. According to South China Morning Post, the sales pitch claimed that an 8,888 yuan (approx. RM5,226) one-year membership for existing customers could be resold to new clients for 16,666 yuan, with 10% of the profit going to the gym and the rest to the seller. 'He said if they did not sell it within two months, they would return all the money to me,' Jin recalled. Initially sceptical, Jin bought two cards worth over 17,000 yuan (approx. RM9,996) before being persuaded to make larger purchases — including one transaction exceeding 300,000 yuan (approx. RM176,401). By mid-July, when he was supposed to receive some of his principal back, no payment arrived. A sales executive told him the finance department was 'still reviewing the transaction,' but by the end of the month, the management and sales staff had disappeared. Zhejiang TV found the gym still operating but staffed only by reception and administrative workers. Contracts Jin signed made no mention of the promised returns and prohibited transferring memberships to others. 'I admit that I have been brainwashed by them, because I believed I was only one small step away from getting back all my money,' he said. Jin described the purchase as a 'health investment,' adding, 'I actually do not count on using it for 300 years. In my eyes, it was a kind of commitment to health.' His story has ignited both shock and amusement online. 'He bought the gym card for the grandsons of his grandsons, ha,' one netizen joked, while another remarked: 'When a person's wealth and his intelligence quotient do not match, the redundant wealth will flow back to society in some form.'
The Star
6 days ago
- Entertainment
- The Star
Action star Jet Li gifts 37YO daughter car worth RM176K as wedding gift
Action star Jet Li has gifted his eldest daughter Li Si, 37, an electric car worth over RM176,000. Photos: Sin Chew Daily, Jet Li/Weibo China-born superstar Jet Li is now a father-in-law. The 62-year-old shared the happy news on Weibo, revealing he had ordered a 300,000 yuan (RM176,846) car as a wedding gift for his eldest daughter Li Si, 37. 'She told me she really likes this car. It looks great, feels right, is comfortable to sit in and easy to use. As her father, hearing that makes me feel at ease,' the actor wrote. Jet added that when it comes to gifts, what matters most is that his daughter truly loves them. The martial arts legend also said he's anticipating the day the newlyweds take him for a ride. 'I'm really looking forward to getting the car soon, so the couple can take this old dad out for a spin,' he quipped. ALSO READ: Action star Jet Li says he gets trolled for becoming Singapore citizen It's worth noting that Jet seldom speaks about his daughters Li Si and Li Taimi, whom he shares with his ex-wife, former actress Huang Qiuyan. The pair divorced in 1991. He has two other daughters – Jane, 25, and Jada, 22 – from his second marriage to retired Hong Kong actress Nina Li. In a past interview, Jet admitted he had missed much of Li Si and Li Taimi's childhood due to his hectic schedule, often only managing to ask about their studies during conversations. In 2024, he dismissed rumours of being on bad terms with his ex-wife and their two daughters, adding that he didn't need to explain his private life to anyone.
The Sun
02-08-2025
- Health
- The Sun
Melaka intensifies crackdown on illegal cigarette sales and smoking offences
MELAKA: A total of 3,156 notices with fines amounting to RM176,350 have been issued for offences under the Control of Smoking Products for Public Health Act 2024 (Act 852) in Melaka since its enforcement began last October. State Health, Human Resources and Unity Committee chairman Datuk Ngwe Hee Sem said the Melaka Health Department conducted 701 operations, inspecting 28,980 premises to curb smoking-related violations. Offences included smoking in prohibited areas, minors smoking, and failure to display no-smoking signs. 'Enforcement has prioritised eateries, food stalls, and hawker centres, with ongoing operations targeting illegal sales and promotions of tobacco products,' Ngwe said after the 'Safe Lungs Operation' in Duyong. During the latest operation, 10 food premises were inspected, resulting in six offence notices worth RM1,500. Two traders were fined RM40,000 for selling cigarettes below legal prices. Authorities also seized 450 smuggled cigarette packs worth RM3,055.50, suspected to be sold cheaply to students. The operation involved 40 officers from the Health Department, Customs, police, and the National Kenaf and Tobacco Board. - Bernama
The Sun
19-06-2025
- The Sun
1,742 illegal ‘bubu naga' traps seized last year under Op Sayong
PARIT BUNTAR: The Perak Malaysian Maritime Enforcement Agency (MMEA) seized 1,742 illegal 'bubu naga' fish traps, with an estimated value of RM176,000, throughout last year in the waters off Kerian as well as Larut, Matang and Selama. Kuala Kurau Maritime Zone director commander Mohd Hairil Othman said all the traps were seized under Op Sayong between January and the end of December last year in areas around Kuala Kurau, Kuala Gula, Kalumpang and Bagan Panchor near here. 'In 2023 alone, MMEA seized 1,527 sets of bubu naga (in the same waters) worth RM110,000. All the seizures were made under Section 11(3)(c) of the Fisheries Act 1985 for using prohibited fishing methods. 'There has been an increase each year, as these traps only need to be placed in the sea, and each morning, fishermen simply collect the catch. This method yields higher income compared to conventional fishing techniques,' he told a press conference here today. He added that two foreign nationals were arrested while deploying bubu naga and handed over to the Immigration Department for further action. The MMEA also reminded the fishing community not to use prohibited equipment, particularly bubu naga, to safeguard the sustainability of the country's marine ecosystem, he said.
New Straits Times
06-05-2025
- Business
- New Straits Times
Mr DIY's outlook bright on expansion, warehouse savings
KUALA LUMPUR: MR DIY Group (M) Bhd is poised to deliver strong financial performance in financial year 2025(FY25), with its core net profit projected to rise 8.1 per cent year-on-year, according to CIMB Securities Sdn Bhd. The anticipated growth is driven by the groups's aggressive retail expansion, including a planned net addition of 180 new stores in FY25—a 12.5 per cent increase from FY24. The home improvement retailer is also set to benefit from reduced start-up costs associated with its newly commissioned automated warehouse, which began operations in the second quarter of FY25. MR DIY also capitalised on greater operating leverage, leveraging its larger store footprint. CIMB Securities said the group's first-quarter core net profit of RM176 million, a 12.2 per cent increase year-on-year, was in line with both its own and Bloomberg's full-year estimates. "We believe that the strong quarterly performance in Q1 was expected, boosted by festive-driven demand due to the earlier timing of Hari Raya in 202," it said. The firm noted that the impact of US tariffs on global trade as neutral to slightly positive for the group. While such measures may weigh on both global and domestic economic sentiment — potentially dampening consumer spending — MR DIY anticipates a net margin benefit from more favourable supplier terms amid softer global demand, alongside advantageous foreign exchange movements. CIMB Securities maintained its FY25–27F earnings per share forecasts, reaffirmed its 'buy' rating and kept its target price unchanged at RM2.15. "We continue to like MR DIY for its robust earnings prospects, leading position as Malaysia's largest home improvement retailer and strong balance sheet," the firm added.
