Latest news with #RM27
The Star
5 days ago
- The Star
Former company director claims trial to fraud charges
KLANG: A former director of a company offering umrah packages has been charged in separate Magistrate's Courts here with two counts of dishonest misappropriation of property, amounting to RM48,960.20, two years ago. Datuk Zulkarnain Endut, 44, pleaded not guilty to both charges. In court before Magistrate Siti Zubaidah Mahat on Thursday (July 17), he was charged with misappropriating property, in the form of cash totalling RM27,960.20, belonging to a 45-year-old man in Jalan Tanjung Shawal, Klang, between Feb 1 and July 28, 2023. He was also charged before Magistrate Nor Azilah Mat, with another person still at large, with misappropriating RM21,000 given to them by a man for an umrah package with Emraz Travel and Tours Sdn Bhd. The offence was allegedly committed in Bandar Sultan Suleiman, Klang, between Feb 23 and March 29, 2023. Both charges were framed under Section 403 of the Penal Code, which provides for imprisonment of up to five years with caning, and a possible fine, if found guilty. Magistrates Siti Zubaidah and Nor Azilah allowed him bail of RM2,500 and RM6,000 respectively, and set Sept 24 for mention. – Bernama
The Sun
5 days ago
- The Sun
Former director charged with misappropriating umrah funds in Klang
KLANG: A former director of a company providing umrah packages faced two charges of dishonest misappropriation of property amounting to RM48,960.20 in separate Magistrate's Courts here. Datuk Zulkarnain Endut, 44, denied both charges. In the first case before Magistrate Siti Zubaidah Mahat, he was accused of misappropriating RM27,960.20 belonging to a 45-year-old man in Jalan Tanjung Shawal between February 1 and July 28, 2023. In the second case before Magistrate Nor Azilah Mat, he and another individual still at large allegedly misused RM21,000 given by a customer for an umrah package under Emraz Travel and Tours Sdn Bhd. The offence occurred in Bandar Sultan Suleiman between February 23 and March 29, 2023. Both charges fall under Section 403 of the Penal Code, carrying a maximum penalty of five years' imprisonment, whipping, and a possible fine if convicted. Magistrates Siti Zubaidah and Nor Azilah granted bail at RM2,500 and RM6,000 respectively, with the next mention set for September 24. Deputy public prosecutors Salman Alfarisi Nawawi and Ahmad Sulfie Abu Hassan handled the cases, while lawyer Muhammad Nur Aiman Mohd Lazim represented Zulkarnain. - Bernama
Barnama
5 days ago
- Barnama
Former Company Director Charged With Dishonest Misappropriation Of Property
KLANG, July 17 (Bernama) -- A former director of a company offering umrah packages were today charged in a separate Magistrate's Court here with two counts of dishonest misappropriation of property, amounting to RM48,960.20, two years ago. Datuk Zulkarnain Endut, 44, pleaded not guilty to both charges. In the court before Magistrate Siti Zubaidah Mahat, he was charged with misappropriating property, in the form of cash totalling RM27,960.20, belonging to a 45-year-old man in Jalan Tanjung Shawal, Klang, between Feb 1 and July 28, 2023.
New Straits Times
09-07-2025
- Business
- New Straits Times
Econpile secures RM27mil piling contract in Selangor
KUALA LUMPUR: Construction firm Econpile Holdings Bhd has secured a RM27 million contract for piling and pile cap works for two 37-storey serviced apartment blocks in Kelana Jaya, Selangor. In a filing with Bursa Malaysia today, the company said the contract was awarded to its wholly owned subsidiary, Econpile (M) Sdn Bhd, by Bayu Melati Sdn Bhd. The project, located at Lot 72699, Off Jalan SS8/6, comprises 1,155 apartment units and is scheduled for completion within 12 months from July 14, 2025. Econpile said the contract is expected to contribute positively to its revenue and earnings for the financial year ending June 30, 2026. "There are no foreseeable significant risks beyond the usual operational risks during the contract period," it noted, adding that mitigation measures would be in place to minimise potential impacts. The company also confirmed that none of its directors, major shareholders, or connected persons have any interest in the project.
New Straits Times
08-07-2025
- Business
- New Straits Times
Short-term interbank rates end steady on Bank Negara operations
KUALA LUMPUR: Short-term interbank rates closed steady today following Bank Negara Malaysia's (BNM) operations to absorb surplus liquidity from the financial system. Liquidity in the conventional system increased to RM26.99 billion from RM17.25 billion this morning, while liquidity in Islamic funds dropped to RM31.79 billion from RM33.21 billion previously. Earlier today, the central bank conducted two reverse repo tenders and one overnight reverse repo tender. It also announced the availability of reverse repo, sell and buy-back agreements, and collateralised commodity murabahah facilities with tenors of one week, one month and three months. At 4 pm, BNM called for a RM27 billion conventional money market tender and a RM31.8 billion murabahah money market tender, both for one-day maturity. BNM had revised the conventional overnight tender to RM27 billion from RM26.5 billion. The Malaysia Islamic Overnight Rate (MYOR-i) stood at 3.00 per cent as of July 7, 2025.
