Latest news with #RM490
New Straits Times
30-04-2025
- Business
- New Straits Times
DoE crackdown: Firms fined nearly half a million ringgit for toxic waste breaches
SUNGAI PETANI: Two hazardous waste processing companies were fined a total of RM490,000 by the Sessions Court yesterday for multiple violations under the Environmental Quality Act 1974. In the first case, Asia Maju Resources, along with its owner Saw Jung Hin and a Chinese national, Deng Zhi Chong, were fined RM250,000 by Sessions Court Judge Roslan Hamid after pleading guilty to three charges under the Act. According to Kedah Department of Environment (DoE) director Sharifah Zakiah Syed Sahab, the company was charged for illegally storing scheduled waste — specifically electronic waste (e-waste) classified as SW110 and lithium battery waste (SW103) — without valid approval. The offences came to light during Ops Gempur, a special operation conducted by DoE enforcement officers on July 3, 2024. For the first charge, the company and the individuals were prosecuted under Section 34B(1)(b) of the Act, punishable under Section 34B(4), which provides for a fine of up to RM500,000 or imprisonment of up to five years. The second charge was under Section 34A(6) for failing to submit an approved Environmental Impact Assessment (EIA) report for the construction of off-site scheduled waste storage facilities. The third charge, under Section 18(1), carries a penalty of up to RM50,000 or two years' imprisonment. The prosecution was led by a DoE officer, while the company was represented by its owners. "The company requested a lighter sentence, citing financial losses," said Sharifah Zakiah in a statement today. "However, the prosecution urged the court to impose a deterrent penalty, emphasising that illegal waste management practices must not be tolerated." In the second case, Daiki Regeneration Co Ltd, a Japanese-registered company, and its director Lu Wenbo, a Chinese national, were fined RM240,000 for similar offences involving the illegal disposal of scheduled waste. The violations occurred on Dec 9, 2023 at a facility located in the Bukit Selambau Industrial Area. Keywords: News Environment Half Malaysia Million Crackdown Nearly Nst Waste Ringgit Doe Offence Fined Firms Toxic Breaches Related Articles Crime & Courts Apr 10, 2025 @ 12:57am Manager of illegal e-waste facility pleads guilty, fined RM70,000 Nation Feb 16, 2025 @ 12:50am DoE issues detention order to illegal e-waste factory in Telok Panglima Garang Crime & Courts Feb 27, 2025 @ 11:36pm Environmental NGOs back crackdown on illegal e-waste operations in Malaysia Crime & Courts Jan 6, 2025 @ 1:09am EAIC: DoE officers tried to release e-waste shipment at Port Klang
The Star
26-04-2025
- Business
- The Star
Prices soar but gold still tops investment
Precious metal: Lee showing gold bars with 99.99% purity at Komtar. — KT GOH/The Star GEORGE TOWN: Buy low, sell high; buy high, sell higher. It almost seems like this is the motto of gold buyers who are still investing in the precious metal despite soaring prices. 'There is no 'highest' as it will only go higher,' said gold jewellery trader Lee Theam Loong here. The 55-year-old said while many customers have walked in to sell their gold to get a good return on their investments, others are buying for the future. 'Price of gold was RM410 per gram in February and on April 24 it was priced at RM460 per gram. 'Just days earlier, it went up to RM490 per gram. 'I remember the days when it was only RM39 per gram in the early 1990s,' he added. Lee said many of those seeking to invest were buying gold in the form of bars with 99.99% purity, while the sellers mostly brought jewellery pieces that they had kept for years. 'Locals and foreigners are cashing in on their gold jewellery, especially those whose children need money for schooling. 'They lose about 10% in value by reselling, but the high prices ensure they get good returns,' he said. Jewellery shop supervisor Mashitah Md Ishak, 46, said most women customers prefer gold in 91.6% purity, also known as 916 gold, for jewellery. 'The gold price was just RM198 per gram about five years ago, but it is now RM470 per gram. 'With the rapid appreciation in gold value, many do not mind buying gold jewellery to resell later. 'Many new jewellery designs are being produced due to the increase in demand,' she said.
The Star
24-04-2025
- Automotive
- The Star
JPJ raises over RM24mil from special 'A__A' registration bids
PORT KLANG: The Transport Ministry, through the Road Transport Department (JPJ), has collected more than RM24mil in revenue from bids for the special registration number (NPI) series 'A__A', in conjunction with JPJ's 79th anniversary celebration. Transport Minister Anthony Loke said the highest successful bid was RM902,020 for the number A9A, followed by A11A and A8A, which fetched RM703,007 and RM700,000 respectively. He added that A7A was the fourth highest at RM502,000, followed by A2A at RM490,888. "The five most bid-for numbers were A51A with 40 bidders, A101A with 31, A8118A with 29, A1881A with 27, and A19A also with 27 bidders," he said during a press conference after launching a training programme for car carrier lorry drivers on handling electric vehicles (EVs) here on Thursday (April 24). Loke said the revenue from special number plate bids, including the 'AA' series, would be channelled back to the public through various Ministry of Transport initiatives such as the MyLesen programme, helmet exchange campaigns, and the FlySiswa travel initiative. He also extended his thanks to all participants who took part in the online bidding exercise for the A_A series via the JPJeBid system, which opened on April 19 and closed Wednesday (April 23). – Bernama
