Latest news with #RM810
New Straits Times
a day ago
- Business
- New Straits Times
#SHOWBIZ: HK actress Rosina Lam, husband celebrate 10th wedding anniversary in Malaysia
HONG KONG: Actress Rosina Lam and her husband, finance executive Jason Mok, recently celebrated their 10th wedding anniversary in Malaysia. On July 27, Lam, 38, shared a group photo on social media featuring her husband and several celebrity friends, including popular actors Joel Chan, Charmaine Sheh, Shaun Tam, and Toby Leung. In the photo, Lam, who was born in mainland China, was seen giving a thumbs-up while her husband leaned affectionately against her, holding her arm in a sweet display of affection. The couple tied the knot on July 25, 2015, in a private ceremony at a mansion in Hong Kong's prestigious Victoria Peak, where property prices reportedly reach HK$1.5 billion (RM810 million). "Happy 10th wedding anniversary! Let's stay together through thick and thin! Thank you, brothers and sisters, for your company," the TVB star captioned her post. Despite persistent rumours since May suggesting Lam is involved in a bankruptcy petition, the award-winning actress remains unfazed and in good spirits in her latest social media updates. She previously addressed the speculation on May 30, explaining that while her husband's rental property company is involved in a legal dispute and is appealing the case, it doesn't affect her personally. "I'm not bankrupt. Please stop spreading rumours. The matter has been handed over to our lawyer," she said at the time. The case is reportedly scheduled for a hearing on Aug 26.
Borneo Post
17-06-2025
- Borneo Post
Miri court fines Penang mule account owner RM500 for possessing illegally obtained funds
Photo for illustration purposes only. MIRI (June 17): The Magistrates' Court here today fined a mule account owner RM500, in default one week in jail, for possessing money obtained through unlawful means five years ago. Magistrate Ashok Linggam imposed the fine on Megeruben, 29, of Ayer Itam, Penang, after he pleaded guilty to a charge framed under Section 37(1) of the Minor Offences Ordinance Sarawak 1958. The Section, typically applied in cases where an individual is found in possession of property or money reasonably suspected to have been obtained unlawfully, provides for up to three months' imprisonment or a fine of RM500 upon conviction. According to the facts of the case, Megeruben was found to be in possession of RM810 in his banking account, which had been unlawfully obtained. When questioned by the police, he failed to explain how he obtained the money. He committed the offence at a commercial bank branch here, at around 2.28pm on Feb 4, 2020. Insp Mudzilawati Abdul Rahman prosecuted the case, while Megeruben was unrepresented by legal counsel. lead Megeruben money mule account owner possess unlawful means
New Straits Times
29-05-2025
- New Straits Times
Cannabis smuggled in sarong boxes seized
PASIR MAS: An attempt by a drug smuggler to evade authorities by concealing 22.5kg of cannabis in boxes typically used to pack sarongs was foiled by the General Operations Force (GOF) in an early morning operation today. Southeast Brigade Commander Datuk Nik Ros Azhan Nik Abd Hamid confirmed the case, saying the drugs, worth an estimated RM810,000, were discovered during a routine patrol by a team from the GOF's Ninth Battalion. However, no arrests were made in the 6.20am operation, which took place in Rantau Panjang. He said GOF personnel were conducting their regular rounds when they spotted a black Proton Wira Aeroback driven by a man acting suspiciously and heading towards Customs Gate 2. "When officers attempted to stop the vehicle, the driver sped off but later pulled over at the roadside near the Banggol Kulim traffic light in Rantau Panjang. "The driver then abandoned the car and fled the scene on foot," he said. Upon inspecting the vehicle, he said GOF personnel found 22.5kg of cannabis concealed in the rear passenger seat. "The drugs were packed in 45 small boxes commonly used for sarongs." He said the case is being investigated under Section 39B of the Dangerous Drugs Act 1952, which carries the mandatory death penalty upon conviction. It is learnt that the cannabis, smuggled from a neighbouring country, is priced at about RM36,000 on the Malaysian market.
New Straits Times
19-05-2025
- Business
- New Straits Times
Gamuda set for margin uplift with RM2.2bil Gamuda Cove expansion
KUALA LUMPUR: Gamuda Bhd's expansion of the Gamuda Cove development is expected to yield higher pre-tax margins than currently projected for the existing township, said CIMB Securities Sdn Bhd. This is thanks to the substantial placemaking efforts and surrounding infrastructure already established in the area. Last Friday, Gamuda announced that it has acquired 136-hectare land at the southern tip of Gamuda Cove township for RM249 million that will be developed into a mixed-use project comprising landed residential homes and commercial components. The proposed development on the 74-year leasehold land has an estimated gross development value (GDV) of RM2.2 billion that is spread out over 12 years. At RM17 per square foot (psf), CIMB Securities said the acquisition cost for the new land bank represents a 42 per cent premium over the original cost for the original Gamuda Cove land parcel, which was purchased for RM12 psf back in 2014. "Nevertheless, we deem the valuation for Gamuda's latest land purchase to be fair, given that the proposed development's potential can be unlocked earlier by leveraging on the robust growth prospects of the existing Gamuda Cove township. "It expands Gamuda's strategic presence in the growing South Klang Valley conurbation and expected to generate greater footfall for the enlarged Gamuda Cove's commercial offerings. "This also improves connectivity between Gamuda Cove and nearby townships in Dengkil and Bandar Rimbayu," the firm said. CIMB Securities added that the completion of a direct and toll-free, 2km link to Cyberjaya would enhance accessibility to Gamuda Cove. For financial year 2025 (FY25), the firm said Gamuda Cove is projected to contribute RM810 million, or about 14 per cent of the group's new property sales target of RM6 billion. This would lift Gamuda's remaining GDV by about 4 per cent to RM64 billion. The firm maintained its "Buy" rating on Gamuda and target price of RM5.50 pending completion of the new land bank acquisition by the second quarter of this year.
