Day: September 18, 2024

KUALA LUMPUR, Crest Group Bhd, en route to its listing on the ACE Market of Bursa Malaysia, aims to raise RM45.75 million from its initial public offering (IPO). The IPO is priced at 35 sen per share, and the listing is scheduled for Oct 9, 2024. Non-independent executive director and group managing director Lim Siong Wai said that out of the total proceeds raised, RM15.76 million will be allocated for the company’s new headquarters in Selangor. ‘Currently, we have two offices located in Puchong and Subang Jaya. Our plan is to centralise these two offices into one, which will be

PUTRAJAYA, Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki disclosed that nearly RM800,000 in cash was discovered in the bedrooms of two immigration officers linked to the ‘counter setting’ syndicate. This sum is part of the RM1.49 million seized during Ops Setting, an operation that began last month. The haul also included US$9,900 and 5,470 Thai baht. According to Azam, RM518,250 was found in a senior (KP22) immigration officer’s luggage in Pahang, stashed in the bedroom, while RM248,443 was recovered from a KP19 officer in Melaka, hidden under the bed in the main bedroom. The operation followed six

PUTRAJAYA, Datuk Seri Azalina Othman Said, Minister in the Prime Minister’s Department (Law and Institutional Reform), was awarded the Global Islamic Finance Awards (GIFA) Special Award 2024 for Leadership in Legislative and Institutional Reforms related to Islamic Finance, yesterday. In a statement today, the Legal Affairs Division (BHEUU) of the Prime Minister’s Department announced that the award was in recognition of Azalina’s role and contributions to the arbitration reform agenda, particularly concerning Islamic finance. “The GIFA Awards Committee also considered several other personalities. After careful deliberation and discussion, the committee decided to award this honour to her (Azalina) based on

PUTRAJAYA, Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki confirmed today that the sons of former Prime Minister Tun Dr Mahathir Mohamad, Mirzan and Tan Sri Mokhzani have declared their assets within the timeframe set by the anti-graft body. ‘They have submitted their asset declarations to us, and our investigation team is coordinating with their legal representatives to verify the information. ‘So basically they have declared (their assets), that is the most important thing. Investigations on the assets have begun… to identify and explore more about the things they declared to us,’ he said at a special conference

PETALING JAYA, The parents of autistic child Zayn Rayyan Abdul Matiin, who are facing charges of child neglect causing or likely to cause physical harm, will submit a representation to the Attorney General’s Chambers. Zaim Ikhwan Zahari and Ismanira Abdul Manaf’s lawyer Fahmi Abd Moin, informed Sessions Court Judge Dr. Syahliza Warnoh that the defence will submit the representation soon after reviewing documents obtained from the prosecution. “The court has set Dec 6 for case management to decide on the representation,” said Judge Syahliza during the case mention today. Deputy public prosecutor Datin Kalmizah Salleh, who appeared for the prosecution,