Latest news with #RM462
New Straits Times
24-07-2025
- Business
- New Straits Times
UEMS eyes strategic expansion
KUALA LUMPUR: UEM Edgenta Bhd's Singapore-based wholly-owned UEMS Solutions Pte Ltd is charting a confident path forward, buoyed by plans for strategic acquisitions and expansion of its technology-enhanced offerings. UEMS Singapore and Taiwan chief executive officer Tan Cheh Tian said it is evaluating multiple acquisition targets across Singapore and Taiwan. This is part of the company's growth strategy, particularly in the integrated facilities management (IFM) and healthcare support services segments. The targets include companies offering bundled services such as mechanical and electrical (M&E) maintenance, pest control and landscaping. "Basically, as part of our next phase of growth, we are looking at several targets (acquisition). What I can say is IFM is an area that we wish to grow. "These potential acquisitions are of various sizes and are still at the evaluation stage," she said during a media visit to UEMS' operations in Singapore recently. Negotiations remain in the early stages, but Tan confirmed that the company is actively pursuing opportunities in Singapore and Taiwan to strengthen its regional footprint. UEMS currently employs a combined workforce of 10,004 staff and generates over RM1 billion (SG$300 million) in annual revenue. Taiwan accounts for the larger share with 7,400 employees, RM546 million in revenue and 265 active service accounts. In Singapore, the company has over 3,000 staff managing 140 service accounts with RM462 million in revenue - 80 per cent of which comes from the healthcare sector. UEMS is present in all public healthcare clusters in Singapore - SingHealth, National Healthcare Group (NHG) and National University Health System (NUHS). It provides essential services such as housekeeping, portering, health attendants, meal delivery, and visitor management. The company is recognised as one of the top two players in Singapore's healthcare support services industry. Beyond acquisitions, Tan highlighted the company's aggressive push toward digitisation with most of hospital operations under UEMS having been fully digitised, supported by the deployment of autonomous cleaning and service robots. "We do not rely on third-party vendors. We have our own in-house command centre, smart toilet systems and a strong internal technology team. "These solutions form part of a comprehensive offering to clients, improving service delivery while reducing reliance on manual labour. "Instead of physically demanding work, our employees now manage machines, which helps us extend their working lifespan, especially as Singapore faces an ageing population," she said. On market challenges, Tan noted that labour shortages remain a critical issue, particularly in Singapore where demand continues to outstrip supply despite rising wages. She said Taiwan faces a similar crunch, although it is less acute at the executive level. "Even at higher costs, we are still losing people to other industries like manufacturing and services. It is not just operational roles, but also executives and above," she said. Tan said to manage the impact of Singapore's progressive wage model and Taiwan's recent minimum wage hike, UEMS has been negotiating with clients to adjust contract rates in line with higher operational costs. However, Tan acknowledged that it has been "an uphill task" post-Covid-19, with margins under pressure.
The Star
21-07-2025
- Business
- The Star
Banking on tax to move beyond oil
A file photo of Muscat, the capital of Oman, from March 24, 2023. Officials said a new tax there would affect only a small portion of the population but would help reduce the country's dependence on oil and gas. — Andrea DiCenzo/The New York Times THE concept of an income tax has long created debate and anxiety among the citizens of the fossil fuel-rich countries in the Persian Gulf. But no nation actually introduced one until last month, when Oman announced that it would apply a 5% tax starting from 2028 on those who make more than 42,000 Omani riyals (RM462,088). Cancel anytime. Ad-free. Full access to Web and App. RM 13.90/month RM 9.73 /month Billed as RM 9.73 for the 1st month, RM 13.90 thereafter. RM 12.39/month RM 8.63 /month Billed as RM 103.60 for the 1st year, RM 148 thereafter.
The Sun
13-06-2025
- The Sun
GOF foils RM462,000 rice smuggling operation in Kelantan
KOTA BHARU: The 9th Battalion of the General Operations Force (GOF) has seized RM462,000 worth of goods, including a trailer and 28,000kg of smuggled rice, near Jalan Kampung Air Gatal in Tanah Merah. GOF Southeast Brigade Commander Datuk Nik Ros Azhan Nik Ab Hamid said the trailer was intercepted around 7.30am during 'Op Taring Wawasan Kelantan', after officers observed suspicious activity. 'A check of the vehicle uncovered a large load of white rice believed to have been smuggled from Thailand for distribution on the local market,' he said in a statement today. The trailer's driver and his assistant, both locals, were detained and are suspected of acting as couriers in the smuggling operation. The case is being investigated under Section 20 of the Control of Padi and Rice Act 1994 and the seized goods have been handed over to the Kelantan National Padi and Rice Central Storage facility.
The Sun
13-06-2025
- The Sun
GOF Seizes RM462k of Smuggled Rice in Kelantan Operation
KOTA BHARU: The 9th Battalion of the General Operations Force (GOF) has seized RM462,000 worth of goods, including a trailer and 28,000kg of smuggled rice, near Jalan Kampung Air Gatal in Tanah Merah. GOF Southeast Brigade Commander Datuk Nik Ros Azhan Nik Ab Hamid said the trailer was intercepted around 7.30am during 'Op Taring Wawasan Kelantan', after officers observed suspicious activity. 'A check of the vehicle uncovered a large load of white rice believed to have been smuggled from Thailand for distribution on the local market,' he said in a statement today. The trailer's driver and his assistant, both locals, were detained and are suspected of acting as couriers in the smuggling operation. The case is being investigated under Section 20 of the Control of Padi and Rice Act 1994 and the seized goods have been handed over to the Kelantan National Padi and Rice Central Storage facility.
Barnama
13-06-2025
- Barnama
GOF Foils RM462,000 Rice Smuggling Operation In Kelantan
KOTA BHARU, June 13 (Bernama) -- The 9th Battalion of the General Operations Force (GOF) has seized RM462,000 worth of goods, including a trailer and 28,000kg of smuggled rice, near Jalan Kampung Air Gatal in Tanah Merah. GOF Southeast Brigade Commander Datuk Nik Ros Azhan Nik Ab Hamid said the trailer was intercepted around 7.30am during 'Op Taring Wawasan Kelantan', after officers observed suspicious activity. 'A check of the vehicle uncovered a large load of white rice believed to have been smuggled from Thailand for distribution on the local market,' he said in a statement today.
