Latest news with #RM215
New Straits Times
26-06-2025
- Business
- New Straits Times
Pan Merchant falls on ACE Market debut following soft IPO demand
KUALA LUMPUR: Pan Merchant Bhd made a subdued debut on the ACE Market on Thursday, reflecting muted investor appetite for its initial public offering (IPO). The counter opened at 23.5 sen, marking a 15 per cent decline or 3.5 sen below its IPO price of 27 sen per share. Opening volume stood at 164,600 shares, valuing the industrial filter manufacturer at approximately RM215 million based on its opening price.
The Sun
09-06-2025
- Sport
- The Sun
Rexy hails Pearly-Thinaah's 'awesome' performance
NATIONAL doubles coaching director Rexy Mainaky needed just one word to describe the performance of top women's doubles pair Pearly Tan and M. Thinaah in the Indonesia Open 2025 final in Jakarta yesterday — 'awesome.' Despite narrowly missing out on the top podium, Rexy expressed satisfaction with the world No. 4 duo's performance, noting their composure and focus against the world No. 1 pair from China, Liu Sheng Shu and Tan Ning, at the iconic Istora Senayan. Pearly and Thinaah pushed the top seeds to the limit in a gripping one-hour and 29-minute battle, ultimately falling 25-23, 12-21, 19-21. 'The only thing that I can say is that their performance was awesome,' he told Bernama. As runners-up, Pearly-Thinaah took home USD50,750 (about RM215,000) while the champions Sheng Shu-Tan Ning pocketed USD107,300 (approximately RM454,000). Although yesterday's result extended Sheng Shu and Tan Ning's lead in the rivalry to 8-3, Pearly and Thinaah's latest performance indicates the gap is narrowing. Meanwhile, the Indonesian doubles expert also expressed satisfaction with the strong overall showing from other national doubles representatives at the Super 1000 tournament. 'All our doubles players played really well in the Indonesia Open,' he said. Of the seven other national doubles pairs competing at the Indonesia Open, two reached the semi-finals: men's doubles duo Man Wei Chong and Tee Kai Wun, and mixed doubles pair Chen Tang Jie and Toh Ee Wei. Last Saturday, Wei Chong and Kai Wun narrowly lost to the home favourites Sabar Karyaman and Moh Reza Isfahani, 18-21, 21-12, 18-21, while Tang Jie and Ee Wei were edged out by Thailand's Dechapol Puavaranukroh and Supissara Paewsampran, 23-21, 15-21, 11-21.
The Sun
09-06-2025
- Sport
- The Sun
Rexy hails Pearly-Thinaah's 'awesome' Indonesia Open final performance
NATIONAL doubles coaching director Rexy Mainaky needed just one word to describe the performance of top women's doubles pair Pearly Tan and M. Thinaah in the Indonesia Open 2025 final in Jakarta yesterday — 'awesome.' Despite narrowly missing out on the top podium, Rexy expressed satisfaction with the world No. 4 duo's performance, noting their composure and focus against the world No. 1 pair from China, Liu Sheng Shu and Tan Ning, at the iconic Istora Senayan. Pearly and Thinaah pushed the top seeds to the limit in a gripping one-hour and 29-minute battle, ultimately falling 25-23, 12-21, 19-21. 'The only thing that I can say is that their performance was awesome,' he told Bernama. As runners-up, Pearly-Thinaah took home USD50,750 (about RM215,000) while the champions Sheng Shu-Tan Ning pocketed USD107,300 (approximately RM454,000). Although yesterday's result extended Sheng Shu and Tan Ning's lead in the rivalry to 8-3, Pearly and Thinaah's latest performance indicates the gap is narrowing. Meanwhile, the Indonesian doubles expert also expressed satisfaction with the strong overall showing from other national doubles representatives at the Super 1000 tournament. 'All our doubles players played really well in the Indonesia Open,' he said. Of the seven other national doubles pairs competing at the Indonesia Open, two reached the semi-finals: men's doubles duo Man Wei Chong and Tee Kai Wun, and mixed doubles pair Chen Tang Jie and Toh Ee Wei. Last Saturday, Wei Chong and Kai Wun narrowly lost to the home favourites Sabar Karyaman and Moh Reza Isfahani, 18-21, 21-12, 18-21, while Tang Jie and Ee Wei were edged out by Thailand's Dechapol Puavaranukroh and Supissara Paewsampran, 23-21, 15-21, 11-21.
Borneo Post
09-06-2025
- Sport
- Borneo Post
Rexy hails Pearly-Thinaah's 'awesome' Indonesia Open final performance
Pearly and Thinaah during their final match in the Indonesia Open 2025 final in Jakarta yesterday. – Bernama photo KUALA LUMPUR (June 9): National doubles coaching director Rexy Mainaky needed just one word to describe the performance of top women's doubles pair Pearly Tan and M. Thinaah in the Indonesia Open 2025 final in Jakarta yesterday — 'awesome.' Despite narrowly missing out on the top podium, Rexy expressed satisfaction with the world No. 4 duo's performance, noting their composure and focus against the world No. 1 pair from China, Liu Sheng Shu and Tan Ning, at the iconic Istora Senayan. Pearly and Thinaah pushed the top seeds to the limit in a gripping one-hour and 29-minute battle, ultimately falling 25-23, 12-21, 19-21. 'The only thing that I can say is that their performance was awesome,' he told Bernama. As runners-up, Pearly-Thinaah took home US$50,750 (about RM215,000) while the champions Sheng Shu-Tan Ning pocketed US$107,300 (approximately RM454,000). Although yesterday's result extended Sheng Shu and Tan Ning's lead in the rivalry to 8-3, Pearly and Thinaah's latest performance indicates the gap is narrowing. Meanwhile, the Indonesian doubles expert also expressed satisfaction with the strong overall showing from other national doubles representatives at the Super 1000 tournament. 'All our doubles players played really well in the Indonesia Open,' he said. Of the seven other national doubles pairs competing at the Indonesia Open, two reached the semi-finals: men's doubles duo Man Wei Chong and Tee Kai Wun, and mixed doubles pair Chen Tang Jie and Toh Ee Wei. Last Saturday, Wei Chong and Kai Wun narrowly lost to the home favourites Sabar Karyaman and Moh Reza Isfahani, 18-21, 21-12, 18-21, while Tang Jie and Ee Wei were edged out by Thailand's Dechapol Puavaranukroh and Supissara Paewsampran, 23-21, 15-21, 11-21. Indonesia Open 2025 Istora Senayan M. Thinaah Pearly Tan Rexy Mainaky
Malaysian Reserve
19-05-2025
- Business
- Malaysian Reserve
Malayan Flour Mills allocates RM215m capex for FY25
MALAYAN Flour Mills Bhd (MFM) has earmarked RM215 million in capital expenditure (capex) for the financial year ending Dec 31, 2025 (FY2025), with investments focused on expanding its flour and poultry segments in Malaysia and Vietnam. At its AGM today, the group said RM55 million will be allocated to its flour and grain trading (FGT) division to expand capacity and improve efficiency. This includes RM20 million for automation upgrades at its Lumut and Pasir Gudang mills, aimed at reducing manual labour and enhancing product consistency. In Vietnam, MFM is investing RM34 million – RM21 million to expand capacity and upgrade operations in the north, and RM13 million for new flour silos and blending facilities in the south. The remaining RM160 million will be directed to the group's Poultry Integration segment, shared between MFM and its joint venture partner. Of this, RM100 million will go towards new farming infrastructure including parent farms and hatcheries, while RM60 million is earmarked for productivity improvements at existing farms. 'These strategic investments are critical to strengthening our production capacity and operational efficiency, enabling us to meet the growing demand in both Malaysia and Vietnam,' said executive deputy chairman and MD Teh Wee Chye. For FY2024, MFM posted a net profit of RM58.1 million, rebounding from a RM6.7 million net loss a year earlier, thanks to strong FGT performance. The group noted that net profit would have reached RM100.2 million if not for a RM42.1 million impairment on its Indonesian flour operation, which has remained loss-making for three consecutive years. Teh said the group remains optimistic about the long-term prospects of its flour and poultry businesses, and that the capex will be funded via a mix of internal funds and borrowings. 'These initiatives reflect our commitment to solidifying our position as a leading staple food supplier while driving sustainable growth,' he added. –TMR
