Latest news with #RM4.66
New Straits Times
4 days ago
- Business
- New Straits Times
Company director loses over RM800,000 in online investment scam
KLUANG: A hardware shop company director lost more than RM800,000 after falling victim to a non-existent online investment scam promising lucrative returns. The 56-year-old man became involved in the scheme in March after seeing a social media advertisement for an investment opportunity. Kluang district police chief Assistant Commissioner Bahrin Mohd Noh said the victim, who was drawn in by the ad, was instructed to download an investment application. He then made a series of payments amounting to RM829,705 into five different bank accounts between June 5 and July 9. "The victim later saw a purported profit of RM4.66 million displayed on the application, but was told he needed to make further payments in order to withdraw the funds," he said in a statement. However, the victim refused to pay and realised he had been scammed when the promised returns never materialised. He lodged a report at the Kluang district police headquarters last Thursday. The case is being investigated under Section 420 of the Penal Code for cheating.
New Straits Times
11-06-2025
- New Straits Times
Perak police find RM4.66mil worth of drugs in abandoned SUV in Gerik
IPOH: Police have seized drugs estimated to be worth RM4.66 million after discovering them hidden in a suspiciously abandoned Honda HR-V SUV near the Taman Pulai Savanna water treatment plant, Gerik. Perak police chief Datuk Noor Hisam Nordin said the seizure was made following a tip-off and an inspection carried out by a team from the Gerik police station at about 1am on Monday. "Upon inspecting the vehicle, police discovered and seized 80 transparent plastic packages containing a substance suspected to be methamphetamine, weighing 82.8kg, as well as 39 packages containing ketamine weighing 40.36kg," he said. He was speaking during a press conference at the Perak police contingent headquarters here today. He said the drugs were found in the boot compartment and are believed to have been used for transportation. "The total estimated value of the seized drugs is RM4.66 million, and they are suspected to be intended for distribution within this state and neighbouring states. "The seized supply is estimated to be enough for 350,000 users and is believed to have been brought in from a neighbouring state," he said. He added that the vehicle used to store the drugs was also identified as a cloned car after its engine number and chassis number were found to have been tampered with. "Further investigation revealed it is likely a cloned car belonging to a nurse in Serdang, Selangor," he said, adding that no individuals were found inside or near the vehicle during the inspection. He said police believe the vehicle had been left only about half an hour before the arrival of the police team, based on the engine still being warm. "We are tracking down individuals who are involved in this case," he said. The case is being investigated under Section 39B of the Dangerous Drugs Act 1952, which is punishable either by death or life imprisonment.
New Straits Times
11-06-2025
- New Straits Times
Perak police find RM4.66 mil worth of drugs in abandoned SUV in Gerik
IPOH: Police have seized drugs estimated to be worth RM4.66 million after discovering them hidden in a suspiciously abandoned Honda HR-V SUV near the Taman Pulai Savanna water treatment plant, Gerik. Perak police chief Datuk Noor Hisam Nordin said the seizure was made following a tip-off and an inspection carried out by a team from the Gerik police station at about 1am on Monday. "Upon inspecting the vehicle, police discovered and seized 80 transparent plastic packages containing a substance suspected to be methamphetamine, weighing 82.8kg, as well as 39 packages containing ketamine weighing 40.36kg," he said. He was speaking during a press conference at the Perak police contingent headquarters here today. He said the drugs were found in the boot compartment and are believed to have been used for transportation. "The total estimated value of the seized drugs is RM4.66 million, and they are suspected to be intended for distribution within this state and neighbouring states. "The seized supply is estimated to be enough for 350,000 users and is believed to have been brought in from a neighbouring state," he said. He added that the vehicle used to store the drugs was also identified as a cloned car after its engine number and chassis number were found to have been tampered with. "Further investigation revealed it is likely a cloned car belonging to a nurse in Serdang, Selangor," he said, adding that no individuals were found inside or near the vehicle during the inspection. He said police believe the vehicle had been left only about half an hour before the arrival of the police team, based on the engine still being warm. "We are tracking down individuals who are involved in this case," he said.
New Straits Times
11-06-2025
- New Straits Times
Perak police find RM4.66 worth of drugs in abandoned SUV in Gerik
IPOH: Police have seized drugs estimated to be worth RM4.66 million after discovering them hidden in a suspiciously abandoned Honda HR-V SUV near the Taman Pulai Savanna water treatment plant, Gerik. Perak police chief Datuk Noor Hisam Nordin said the seizure was made following a tip-off and an inspection carried out by a team from the Gerik police station at about 1am on Monday. "Upon inspecting the vehicle, police discovered and seized 80 transparent plastic packages containing a substance suspected to be methamphetamine, weighing 82.8kg, as well as 39 packages containing ketamine weighing 40.36kg," he said. He was speaking during a press conference at the Perak police contingent headquarters here today. He said the drugs were found in the boot compartment and are believed to have been used for transportation. "The total estimated value of the seized drugs is RM4.66 million, and they are suspected to be intended for distribution within this state and neighbouring states. "The seized supply is estimated to be enough for 350,000 users and is believed to have been brought in from a neighbouring state," he said. He added that the vehicle used to store the drugs was also identified as a cloned car after its engine number and chassis number were found to have been tampered with. "Further investigation revealed it is likely a cloned car belonging to a nurse in Serdang, Selangor," he said, adding that no individuals were found inside or near the vehicle during the inspection. He said police believe the vehicle had been left only about half an hour before the arrival of the police team, based on the engine still being warm. "We are tracking down individuals who are involved in this case," he said.
Daily Express
03-06-2025
- Business
- Daily Express
Bursa Malaysia remains lower at mid-afternoon
Published on: Tuesday, June 03, 2025 Published on: Tue, Jun 03, 2025 By: Bernama Text Size: At 3.05 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.0 points to 1,504.35 from last Friday's close of 1,508.35. Kuala Lumpur: Bursa Malaysia remained lower at mid-afternoon on continued profit-taking in selected heavyweights and lower-liners led by consumer as well as industrial products and services stocks. At 3.05 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 4.0 points to 1,504.35 from last Friday's close of 1,508.35. The benchmark index opened 4.37 points higher at 1,512.72. Market breadth was negative with 715 decliners and 241 gainers, while 386 counters were unchanged, 1,004 untraded and 15 suspended. Turnover stood at 2.40 billion units worth RM1.35 billion. Maybank Investment Bank said in a note today that the benchmark index is expected to range between 1,500 points and 1,520 points today, with supports remaining at 1,500 points and 1,440 points. Among the heavyweights, QL Resources fell 11 sen to RM4.39, Petronas Chemicals dipped eight sen to RM3.34, Sunway and Press Metal dropped nine sen each to RM4.66 and RM4.95 respectively, and Axiata decreased three sen to RM2.02. Among the most active counters, Harvest Miracle Capital and ACE Market debutant ICT Zone Asia were flat at 18 sen and 20 sen respectively, Permaju Industries eased half-a-sen to 1.0 sen, Tanco Holdings slid half-a-sen to 99.5 sen, and Eco-Shop Marketing slipped three sen to RM1.23. On the index board, the FBM Emas Index shaved 42.05 points to 11,257.75, the FBMT 100 Index lost 35.74 points to 11,025.26, and the FBM ACE Index sank 88.68 points to 4,462.35. The FBM Emas Shariah Index trimmed 49.47 points to 11,206.78, while the FBM 70 Index retreated 77.77 points to 16,123.74. Sector-wise, the Financial Services Index weakened 34.22 points to 17,806.31, the Industrial Products and Services Index edged down 2.27 points to 150.38, and the Energy Index dropped 7.53 points to 700.69, but the Plantation Index gained 21.82 points to 7,229.67. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
