Day: August 2, 2024

KUALA LUMPUR: The police toppled a cable theft ring at the Light Rail Transit 3 (LRT 3) construction site with the arrest of five male workers, including a Pakistani national, at three project sites yesterday. Bukit Aman Criminal Investigation Department (CID) director, Datuk Seri Mohd Shuhaily Mohd Zain, said the arrests were made between 6.30 pm and 9.00 pm in Shah Alam and Damansara. He stated that raids were conducted at the LRT 3 construction sites on Jalan Persiaran Raja Muda, Section 2, and Persiaran Dato Menteri, Section 14 in Shah Alam, and Kayu Ara Damansara. “A Nissan Sentra vehicle,

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives ended lower today. Spot month August 2024 and March 2025 slid 12.0 points to 1,619.0 and 1,600.0, respectively, September 2024 shed 11.5 points to 1,600.5, and December 2024 fell 8.5 points to 1,609.5. Turnover improved to 10,184 lots from 6,394 lots on Thursday, while open increased to 53,986 contracts from 50,296 contracts previously. At 5 pm, the FBM KLCI declined 13.20 points or 0.81 per cent to 1,611.05 from yesterday’s close of 1,624.25. Source: BERNAMA News Agency

JASIN, The waters around Sebatu in Sungai Rambai will be turned into crab farming project that uses the transfer of seed production technology from South Korea. Sungai Rambai state assemblyman Siti Faizah Abd Azis said the project, expected to begin at the end of this year, will be implemented in collaboration with Universiti Putra Malaysia’s (UPM) International Institute of Aquaculture and Aquatic Sciences (I-AQUAS), which successfully received a grant of almost RM1 million from the country concerned. “The Sungai Rambai state assembly has established cooperation with UPM in an effort to establish a research and seeding centre for marine livestock

KUALA LUMPUR: Perak Transit Bhd (PTrans) has proposed establishing an Islamic medium-term notes programme of RM1.5 billion in nominal value, based on the Shariah principle of Wakalah Bi Al-Istithmar sukuk. In a filing with Bursa Malaysia today, PTrans stated that the sukuk programme would have a perpetual tenure, allowing for the issuance of sukuk Wakalah as needed. PTrans will also have the flexibility to issue the sukuk programme in compliance with relevant sustainability guidelines. Proceeds from the sukuk issuance will be used to finance and reimburse the capital expenditure of PTrans and its subsidiaries. This includes development and construction costs

KLANG, Xiamen University’s Research Vessel (R/V) Tan Kah Kee, docked at the Port Klang Cruise Terminal yesterday for a three-day Public Open Day until Aug 4. R/V Tan Kah Kee’s inaugural visit to Malaysia was in 2019. Science Technology and Innovation Minister Chang Lih Kang said the event, which coincides with the 50th anniversary of Malaysia-China diplomatic relations, demonstrated strong commitment from both nations to mutually advance their ties. “Over the past 50 years we have treated each other with sincerity, working together harmoniously in pursuing mutual development, achieving fruitful results,” he said in his speech welcoming R/V Tan Kah