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Day: September 23, 2024

Ex-financial Consultant Ordered To Enter Defence For Deceiving MyIPO And Money Laundering Charges

KUALA LUMPUR, The Sessions Court here today ordered a former financial consultant to enter his defence on one charge of deceiving the Intellectual Property Corporation of Malaysia (MyIPO) related to an investment scheme amounting to RM85,530,000 and four charges of money laundering involving RM3.9 million. Judge Suzana Hussin made the ruling after finding that the prosecution had successfully established a prima facie case against Datuk Ahmad Azwan Aboo Mansor, 54. “After reviewing all the evidence presented by the prosecution witnesses and the arguments from both parties, the court finds that the prosecution has established a prima facie case for all

LYB Starts Constructions Of Advanced Recycling Plant In Germany

KUALA LUMPUR, LyondellBasell (LYB) advanced its journey toward sustainable growth and value creation by laying the foundation of its first, catalytic advanced recycling plant at its Wesseling, Germany site. German Federal Chancellor Olaf Scholz and North Rhine-Westphalia Minister-President Hendrik Wst attended the celebrations, underscoring the project’s importance for both the region’s and Germany’s goals for a circular, low carbon economy. Targeted startup for the new unit is set for 2026, as part of the company’s strategy to build a profitable Circular and Low Carbon Solutions business. Its Chief Executive Officer, Peter Vanacker said with investments like these, the company is

KKDW, BHPetrol Ink MoU To Build Petrol Stations In Rural Areas

PUTRAJAYA, The Ministry of Rural and Regional Development (KKDW) and Boustead Petroleum Marketing Sdn Bhd (BHPetrol) today signed a memorandum of understanding (MoU) to develop petrol stations in rural areas, leading to the creation of numerous job opportunities in villages. The MoU was signed between BHPetrol and eight agencies under the ministry, including the Kedah Regional Development Authority (KEDA) and the South Kelantan Development Authority (Kesedar). It was signed by BHPetrol chief executive officer Azizul Azily Ahmad and the general managers of the eight agencies. The signing was witnessed by Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi and

GSC, Taylor’s University Ink Mou To Nurture Future Film Industry Talent

PETALING JAYA, Local cinema operator Golden Screen Cinemas (GSC) today signed a memorandum of understanding (MoU) with Taylor’s University, through its School of Media and Communication, to collaborate in nurturing future film industry talent. GSC said the partnership would benefit students of the Bachelor of Mass Communication (Hons) (Digital Media Production) programme, providing them with opportunities such as in-depth mentorship, interactive workshops, guest lectures, and screening opportunities for student films at GSC locations. ‘As a homegrown brand, GSC has continuously championed local films with its #GSCKeepingitREEL efforts, including co-producing, investing, and advocating for local titles to elevate the local film

Kelantan Gov’t Presents RM251,000 In Incentives To 2024 SUKMA Athletes, Coaches

KOTA BHARU, The Kelantan state government has presented incentives worth RM251,000 to 37 2024 Malaysia Games (SUKMA) medal-winning athletes and their coaches. State Youth, Sports, Non-governmental organisation (NGO) and Community Unity Committee chairman Zamakhshari Muhamad said the incentives were based on the categories, including individual and team events. “In 2024 SUKMA, Kelantan won seven gold, 13 silver and 17 bronze medals, so for individual events, gold medallists are given RM2,500, silver medallists, RM2,000 and bronze RM1,500, while team events with three to six players received RM3,000 for gold, RM2,500 for silver and RM2,000 for bronze. “For team events with seven

Budget 2025: Additional Funds Needed To Upgrade MYeHALAL System – Mohd Na’im

KUALA LUMPUR, Additional allocations are needed in Budget 2025 to upgrade the Malaysian Halal Certification System (MYeHALAL), aimed at expediting the halal application and certification process, says Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar. He said the development and enhancement of the system were among key proposals by the Department of Islamic Development Malaysia (JAKIM), and that he participated in an engagement session with Finance Minister II Datuk Seri Amir Hamzah Azizan, expressing various aspirations and suggestions, including efforts to upgrade MYeHALAL. “Currently, halal issues are among the matters being raised. Therefore, we have