Latest news with #RM2.7mil
The Star
6 days ago
- The Star
Over 26kg of heroin seized
Authorities have seized 26.4kg of heroin in Sagaing region, state-owned daily The Mirror reported. Acting on a tip-off, anti-narcotics police searched a vehicle on June 28 and confiscated the drugs, the report said on Saturday. The seized drugs are estimated to be worth 1.32 billion kyats (RM2.7mil). Two suspects had been arrested for the case, it said. The suspects connected to the case have been charged under the country's laws, and further investigations are ongoing, it added. — Xinhua
The Star
11-07-2025
- Business
- The Star
Govt allocates RM50mil to maintain non-Islamic places of worship
KOTA KINABALU: The federal government has allocated RM50mil in 2025 to help maintain and upgrade non-Islamic places of worship (RIBI) nationwide, as part of efforts to support religious harmony and improve worship facilities. Housing and Local Government Minister Nga Kor Ming ( pic ) said the initiative, introduced under the 2025 Budget, aims to ensure that temples, churches and similar sites remain well-maintained and comfortable for worshippers. Speaking at a grant presentation ceremony at the Basel Christian Church of Malaysia in Petagas, Nga said that as of Monday (July 7), RM2.7mil had been approved for 15 RIBI organisations in Sabah, with several other applications still under review. "I understand that several applications are still being processed and I hope more will be submitted," he said, adding that the ministry approved RM4.81mil last year for 35 RIBI nationwide to carry out similar works. Nga reaffirmed the government's commitment to preserving Malaysia's multi-faith society, assuring that the initiative would be implemented in a professional, efficient and transparent manner. "No one will be left behind. The goal is to ensure these funds are distributed fairly and equitably to those who need them the most," he said. - Bernama Sabah, RIBI, Places Of Worship, Financial Aid, Nga Kor Ming, Housing and Local Government Ministry
The Star
09-07-2025
- Business
- The Star
A1 A.K. Koh Group reports RM2.7mil 3Q net profit
PETALING JAYA: ACE Market-bound A1 A.K. Koh Group Bhd has reported a net profit of RM2.7mil, on revenue of RM20.13mil for its third quarter ended March 31, 2025. There are no comparative figures for the preceding corresponding quarter and period as there is no interim financial report prepared for the comparative period concerned. In a filing with Bursa Malaysia, the food and beverage (F&B) firm said its revenue and gross profit is all generated from F&B segment, which is mainly contributed by the sale of in-house branded products. Amid an increasingly challenging and uncertain global economic outlook, the company said its operating environment has become more complex. 'This landscape is significantly shaped by the imposition of reciprocal tariffs by the US government, which are set to take effect on Aug 1, 2025, and ongoing geopolitical tensions that continue to disrupt global supply chains and heighten economic volatility.' The company will be listed on July 11.
The Star
01-07-2025
- Business
- The Star
Ipoh oil and gas consultant loses RM2.7mil in online investment scam
IPOH: An oil and gas consultant in Ipoh lost approximately RM2.7mil to a fraudulent online investment scheme, according to Comm Datuk Noor Hisam Nordin. The Perak police chief reported that the 37-year-old victim realised he had been scammed on May 20 after continuously failing to withdraw the "profits" from the scheme. Comm Noor Hisam explained that the victim registered on a website called "Nova 88" in April 2023, after learning about it from an acquaintance. "Trusting the acquaintance, the victim initially invested about RM30,000 into a bank account provided to him to obtain a login name and password for the website to check his investment. "Between Jan 5, 2024, and May 20 this year, the victim made 136 transactions into seven different accounts, totalling around RM2.7mil," he said in a statement on Tuesday (July 2). "The funds were from the victim's own savings and contributions from his family members. Whenever he tried to withdraw the earnings, he was required to make more payments, but was still unable to access the money," he said, adding that a police report was lodged on June 29. "The acquaintance provided excuses when questioned and has since become uncontactable," he added. Comm Noor Hisam advised the public against engaging in investments offered on unverified or unregistered websites, or those not regulated by recognised authorities. "High-risk investments like this can lead to significant losses," he said, noting that the case is being investigated under Section 402 of the Penal Code for cheating. "Always check the background of the investment company with relevant agencies like Bank Negara or the Securities Commission before making any decisions," he added.
The Star
21-06-2025
- Sport
- The Star
Classic swings into its 32nd year
This year's Classic is expected to feature over 3,600 golfers at 32 clubs. MALAYSIA'S longest-running amateur golf series - the Carlsberg Golf Classic - is back with a refreshed sponsor lineup and fierce competition expected in a tournament that will grace some of the leading courses in the region. An iconic event on the local amateur scene, the tournament returns bigger than ever, as Carlsberg celebrates its 32nd edition, bringing with it RM2.7mil in prizes, 32 qualifying rounds nationwide and a grand final on one of Asia's most elite courses — the West Course at Kuala Lumpur Golf & Country Club.
