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Category: General

ACE Market-bound Crest Group Aims To Raise RM45.75 Mln From IPO

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

Adaptable Social Protection Frameworks Crucial To Address Evolving Challenges – PERKESO

KUALA LUMPUR, Creating adaptable social protection frameworks that are both inclusive and resilient, especially for vulnerable workers, is crucial to advocate stronger social security systems capable of addressing evolving challenges. Social Security Organisation (Perkeso), chief executive officer Datuk Sri Dr Mohammed Azman Aziz Mohammed, who is also president of the International Social Security Association (ISSA), highlighted the issue during the BRICS Labour and Employment Ministers’ Meeting (LEMM) in Sochi, Russia, recently. In a statement by Perkeso, Mohammed Azman was quoted as saying that the discussions are timely as many nations are grappling with economic disruptions and technological shifts that have

Mpox : Kelantan Residents Returning From High-risk Countries Urged To Report JKNK

KOTA BHARU, Kelantan residents returning from high-risk countries, including African nations like the Democratic Republic of the Congo, are advised to notify the Kelantan State Health Department (JKNK) to facilitate monitoring and prevent the spread of monkeypox, or mpox. Its director, Datuk Dr Zaini Husin, said the department is working closely with the Immigration Department to monitor individuals arriving from these high-risk countries. “Monitoring is also conducted at the state’s border checkpoints, including the Immigration, Customs, Quarantine and Security Complex (ICQS) at Rantau Panjang and Bukit Bunga,” Dr Zaini said. “To date, we have not received any reports of mpox

Bursa Malaysia Ends Morning Session Lower

KUALA LUMPUR, Bursa Malaysia ended the morning session lower as most traders remained on the sidelines ahead of the United States (US) Federal Reserve’s potential rate cut. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.59 points to 1,657.69 from Tuesday’s close of 1,664.28. The benchmark index opened 0.05 of-a-point higher at 1,664.33 and moved between 1,655.08 and 1,664.78 throughout the morning trading session. Decliners led gainers 523 to 326, with 422 counters unchanged, 1,234 untraded and nine suspended. Turnover stood at 1.41 billion units worth RM1.46 billion. Hong Leong Investment Bank said that ahead of the

GISBH Member Pleads Not Guilty To Threatening Woman

PUTRAJAYA, A businessman, who is also a member of Global Ikhwan Services and Business Holding (GISBH), pleaded not guilty in the Magistrate’s Court here today to a charge of making criminal threats against a woman on Sept 9. The accused, Mohamad Riza Makar, 39, entered the plea after the charge was read out before Magistrate Ahmad Afiq Hasan. Mohamad Riza was charged with criminally intimidating the 25-year-old woman, a former GISBH member, to cause fear so that she would withdraw a police report she had filed. The offence was allegedly committed at a parking lot in Precinct 4 here at

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