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The Star
3 days ago
- Politics
- The Star
Greenpeace steals Macron wax figure for anti-Moscow protest
Greenpeace activists on Monday stole a wax figure of President Emmanuel Macron from a Paris museum and placed it in front of the Russian embassy as part of a protest against French economic ties with Moscow in the wake of the invasion of Ukraine. According to a police source, two women and a man entered the Grevin Museum posing as tourists and, once inside, changed their clothes to pass for workers. The activists slipped out through an emergency exit with the wax work, estimated to be worth 40,000 euros (RM193,644), which they had covered up. The museum said that the activists had called to promise that the statue would be returned "unharmed". "They had clearly done their research very thoroughly," a museum spokeswoman told AFP. According to the spokeswoman, the activists distracted a security guard by asking a question about a disabled access lift, while some of them donned maintenance coats. After making away with the Macron wax figure, the Greenpeace activists placed it in front of the Russian embassy in a protest against the economic ties between France and Russia in the gas, chemical fertilizer and nuclear sectors. Greenpeace activists set up a wax statue of Macron - allegedly taken from the Grevin Museum - outside the Russian Embassy in Paris on June 2, protesting France's gas and fertilizer imports from Russia. Photo: AFP The action in front of the embassy lasted only a few minutes. The activists unfurled a Russian flag behind the Macron statue, while one man held up a yellow placard reading "Business is business". The activists also threw fake banknotes around. "For us, France is playing a double game," said Jean-Francois Julliard, head of Greenpeace France. "Emmanuel Macron embodies this double discourse: he supports Ukraine but encourages French companies to continue trading with Russia," Julliard said. Julliard said Greenpeace targeted Macron because he had a particular responsibility, adding that the French president "should be the first" among European leaders to end trade contracts with Russia. France has been one of the most vocal supporters of Kyiv since Russia invaded Ukraine in February 2022. Macron has taken the lead in seeking to forge a coordinated European response to defend Ukraine, after US President Donald Trump shocked the world by directly negotiating with Russia. The wax figure of Jacques Chirac was stolen from the Grevin Museum in 1983, when he was mayor of Paris. The statue was found a few days later at the Vincennes Zoo. The statue of Valery Giscard d'Estaing was stolen by angry motorcyclists during his term at the Elysee Palace between 1974 and 1981. - AFP
The Sun
27-05-2025
- Automotive
- The Sun
Sime Darby nine-month net profit rises to RM1.29 billion
PETALING JAYA: Sime Darby Bhd (Sime) reported net profit from continuing operations of RM1.29 billion for the nine-month period ended March 31, 2025 (9M25), a growth of 9.9% from the previous corresponding period. The improved performance was mainly attributable to the higher contribution from the UMW division and a higher one-off gain on disposal of Malaysia Vision Valley land, despite lower profits from the industrial and motors divisions. The group's revenue for the nine months increased by 8.2% to RM52.3 billion, compared with RM48.3 billion in the previous financial year. For the third quarter ended March 31, 2025 (Q3'25), net profit saw a decrease to RM193 million, while revenue was down by 13.4% at RM16.3 billion. During the quarter under review, the industrial division recorded lower profit before interest and tax (PBIT) of RM221 million, mainly due to reduced profits from the division's operations in Australasia. Profits In Australasia were impacted by a currency-related parts price adjustment, unfavourable weather conditions and a weaker Australian dollar against the ringgit. The motors division reported a reduced PBIT of RM114 million in Q3'25, attributed to lower vehicle sales in most markets, as well as increased competition. For the UMW division, PBIT for the quarter under review was largely contributed by the division's automotive business, particularly higher Perodua sales. However, the division saw a decline in PBIT to RM194 million as a result of competitive market conditions. Sime Group CEO Datuk Jeffri Salim Davidson said, 'We continue to face external headwinds, particularly in the motors division with ongoing economic uncertainty and the rise of Chinese automotive brands increasingly dominating the market. The consumer segment remains challenging amid the continuing price war and industry overproduction in China.' For the UMW division, he added, Toyota and Perodua continue to perform well in Malaysia. 'Despite the impact of the currency-related parts price adjustment, the long-term prospects for our industrial division remain positive on the back of robust mining demand,' he said, adding that, across the group, they remain focused on cost discipline, efficient inventory management and operational agility to navigate the current environment. 'As a result of our efforts, the reduction in inventories has resulted in a RM1.7 billion improvement to our operating cash flow for the nine months ended 31 March 2025. While the current landscape is undoubtedly tough, our operating cash flow is positive and our balance sheet is strong, underpinned by sustained revenue. These are fundamentals that will see us through during these choppy waters,' said Jeffri.
New Straits Times
27-05-2025
- Automotive
- New Straits Times
Sime's nine-month net profit up 9.9pct to RM1.29bil
KUALA LUMPUR: Sime Darby Bhd reported a net profit from continuing operations of RM1.29 billion for the nine months ended March 31 2025, up 9.9 per cent from RM1.17 billion in the previous corresponding period. The was mainly attributable to the higher contribution from the UMW division and a higher one-off gain on disposal of Malaysia Vision Valley land, despite lower profits from the industrial and motors divisions. The group's revenue for the nine months increased 8.2 per cent to RM52.3 billion from RM48.3 billion in the previous financial year. For the third quarter (Q3), Sime's net profit fell 43.2 per cent to RM193 million from RM340 million a year ago, due to lower earnings from all its core divisions. Its revenue fell to RM16.31 billion from RM18.84 billion previously, the group's filing to Bursa Malaysia showed. As a result, the group registered lower earnings per share of 2.80 sen compared to 5.00 sen in Q3. The group's industrial division profits fell 38.4 per cent to RM221 million during the quarter, mainly due to lower profits from Australasia. Profit from Australasia was impacted by a currency-related parts price adjustment, unfavourable weather conditions and a weaker Australian dollar against the ringgit. Its motors division profits dropped 36.7 per cent to RM114 million mainly due to lower revenue and core profit from several markets, particularly Malaysia, Hong Kong and New Zealand. The group said these markets had been impacted by weaker demand and fierce competition. UMW Holdings Bhd's profit fell 26 per cent to RM194 million mainly due to losses at the lubricants business. Sime group chief executive officer Datuk Jeffri Salim Davidson said the group continued to face external headwinds, particularly in the motors division with ongoing economic uncertainty and the rise of Chinese automotive brands increasingly dominating the market. He added that the consumer segment remains challenging amid the continuing price war and industry overproduction in China. "For the UMW division, Toyota and Perodua continue to perform well in Malaysia. "Despite the impact of the currency-related parts price adjustment, the long-term prospects for our industrial division remains positive on the back of robust mining demand. "Across the group, we remain focused on cost discipline, efficient inventory management and operational agility to navigate the current environment," he said in a separate statement. Jeffri also said as a result of the group's efforts, the reduction in inventories has resulted in a RM1.7 billion improvement to its operating cash flow for the nine months ended March 31, 2025. "While the current landscape is undoubtedly tough, our operating cash flow is positive and our balance sheet is strong, underpinned by sustained revenue. "These are fundamentals that will see us through during these choppy waters," he noted. On its prospects, the group said there is significant uncertainty in the global economic outlook after the US announced tariffs to be imposed on most countries. It added that volatility has also increased in the financial markets, affecting foreign currency exchange rates and interest rates. Amid the uncertainty, business conditions are expected to be challenging for the group's industrial and motors businesses. However, the medium to long term demand for the group's products and after-sales service from the mining industry in Australia is expected to remain robust. Sime expects the core financial performance for the financial year ending June 30, 2025 to be lower than that of the previous financial year.
Malaysian Reserve
19-05-2025
- Business
- Malaysian Reserve
PTPTN disburses RM193,000 in takaful benefits to families of FRU tragedy victims
by SUFEA SALEHUDDIN THE National Higher Education Fund Corp (PTPTN) has provided RM193,000 in total Simpan SSPN takaful benefits and death compensation to the families of two Federal Reserve Unit (FRU) personnel who died in a recent accident in Perak. The contribution was made under the agency's Ziarah Kasih PTPTN corporate social responsibility (CSR) programme, which also saw a RM15,000 cash donation distributed to 15 children of the deceased, with each receiving RM1,000 through a Simpan SSPN Prime account. The main recipients of the protection benefits were the next-of-kin of Sergeant Mohd Roslan Abd Rahim and Corporal Amiruddin Zabri. Mohd Roslan, 46, had opened a Simpan SSPN Prime account on May 7, 2025, making him eligible for RM1,000 in takaful coverage and RM3,000 in death benefit payout. In addition, he had subscribed to three Simpan SSPN Plus accounts under the Intan package for his children in 2019, entitling his beneficiaries to RM180,000 in accident death coverage and RM9,000 in funeral aid. Combined, the family of Mohd Roslan received RM193,000 in total from both Simpan SSPN Prime and Simpan SSPN Plus. PTPTN COO Mastura Mohd Khalid (second from left) presenting a replica of SSPN Savings Takaful protection benefit card as well as PTPTN CSR contributions to Amiruddin's family Meanwhile, Amiruddin's family received RM4,000, consisting of RM1,000 in takaful benefits and RM3,000 in 'khairat kematian' under the SSPN Prime plan he had subscribed to. PTPTN chairman Datuk Seri Norliza Abdul Rahim and other PTPTN officials visited five homes of the FRU accident victims in Perak recently. 'These contributions, though unable to replace the loss of a loved one, are hoped to ease the burden on their families and ensure the education of their children is secured,' she said in a statement. She added that PTPTN remains committed to safeguarding access to education through savings plans like Simpan SSPN, which offers tax reliefs of up to RM8,000 annually, free matching grants of up to RM10,000, competitive dividends, Shariah-compliance and full government guarantees. Nine FRU personnel were killed and nine others injured when the truck they were in collided with a gravel-laden lorry on Jalan Chikus-Sungai Lampam, Teluk Intan, while returning to their base in Sungai Senam, Teluk Intan, on the morning of May 13, 2025.
The Sun
18-05-2025
- The Sun
Victim's wife says daughter cries in her sleep following FRU truck tragedy
IPOH: The wife of Sergeant Mohd Roslan Abd Rahim, one of nine Federal Reserve Unit (FRU) personnel killed in an accident on May 13, said their six-year-old daughter cries in her sleep every night following the tragedy. Nur Aini Samiun, 44, said their children, Muhd Raqin Najmi, 13, Muhd Rizqi Nazhan, 9, and Nur Aqeela Rawida, had a close relationship with their father. 'I would take care of the children while my late husband handled the finances. Now that he's gone, I have to take on all those responsibilities,' she said when met at her home in Taman Kinding Raya, Tanjung Rambutan, during Ziarah Kasih, the National Higher Education Fund Corporation's (PTPTN) outreach programme, today. Nur Aini said Mohd Roslan was well-liked and did not hesitate to take leave from work to care for his ailing parents until both of them passed away. Earlier, PTPTN chairman Datuk Seri Norliza Abdul Rahim said the three children are eligible to receive benefits totalling RM193,000 through the National Education Savings Scheme (Simpan SSPN), contributed under the Simpan SSPN Prime and Simpan SSPN Plus products. Nur Aini said her husband was always mindful of the future, diligently setting aside savings for their children. '...we don't have a high income or many assets, and I am unemployed, savings like this (SSPN) can help support us in the future,' she added. In the 8.50 am accident, the FRU truck collided with a stone-laden lorry along Jalan Chikus–Sungai Lampam, also injuring nine personnel.
