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June 21, 2018 3:58 AM Mavcom ensures passenger/consumer protection, says chairman

KUALA LUMPUR: In the face of criticisms against the Malaysian Aviation Commission (Mavcom), its executive chairman says the airline and airport industry regulator is more focused on passenger/consumer protection. Tan Sri Abdullah Ahmad, a retired Air Force general, said that since its formation two years ago, Mavcom had received over 3,900 public complaints 6

June 19, 2018 7:44 AM Press Metal sees indirect benefits from US-China trade spat

PETALING JAYA: The trade tensions between China and the US could indirectly benefit aluminium smelter Press Metal Aluminium Holdings Bhd as it will reduce market competition in the region. Speaking to reporters at its AGM today, group CEO Tan Sri Paul Koon said metal from Australia may move to the US as Australia has been exempted from US tariffs on aluminium 5

June 15, 2018 6:09 AM SoftBank plans US$60-100b investment in solar in India: Report

TOKYO: Japan's SoftBank is planning to invest between US$60-100 billion in a solar power project in India, a Japanese report said Friday, as the firm looks to expand its interests into various sectors. The report by public broadcaster NHK comes after SoftBank announced in March it would partner Saudi Arabia on a multi-billion dollar solar project that the company's 11

June 14, 2018 12:30 PM Cradle Fund CEO Nazrin Hassan dies in home fire

PETALING JAYA: Nazrin Hassan, CEO of Cradle Fund Sdn Bhd, died today after he was trapped by a fire in a bedroom of his house in Mutiara Damansara here, according to police. Nazrin, 48, was in a bedroom on the upper floor of the house in Lorong PJU 7/24A during the incident this afternoon, said Petaling Jaya District Police chief ACP Mohd Zani Che Din. He said Nazrin 14

June 14, 2018 9:21 AM Hap Seng Plantations scraps buyout of Kretam

PETALING JAYA: Hap Seng Plantations Holdings Bhd has terminated its buyout of Kretam Holdings Bhd as the due diligence results of Kretam were unsatisfactory and unacceptable. "Accordingly, the company has exercised its rights pursuant to Clause 8.4 to terminate the SSAs (share sale agreements) with immediate effect, with which the company will not extend 9

June 13, 2018 8:20 AM Proton’s got your back throughout Hari Raya

“HARI Raya will be a busy festive week for travellers and road users, and although we are sure your Proton will not be causing you any issues, we have a total of 36 Proton Mobile Assist teams around the nation to assist you,” says Proton today. “Since 1996, our Proton Mobile Assist teams have been providing road-side and trouble-shooting assistance to all Proton 12

June 12, 2018 11:22 AM 50% highway toll discount on June 13, 14

KUALA LUMPUR: The 50% discount on toll charges on major highways in view of Aidilfitri, as announced by Prime Minister Tun Dr Mahathir Mohamad recently, will take effect from 12.01am on June 13 up to 11.59pm on June 14. Concessionaire Kumpulan Lingkaran Trans Kota Sdn Bhd (Litrak) said today the discount would be enjoyed by all classes of vehicles on the Damansara-Puchong 4

June 8, 2018 9:12 AM Lisa Lim Poh Lin appointed as independent non-executive director of Axiata

PETALING JAYA: Axiata Group Bhd has appointed Dr Lisa Lim Poh Lin as its independent non-executive director to further strengthen the board's diversity mix and expertise. "We constantly strive to build a board composition of relevant business expertise, global experience and diversity of backgrounds. As an accomplished Malaysian scholar with high-profile 6

June 7, 2018 2:53 AM Astro's Group CEO resigns

KUALA LUMPUR: Astro Malaysia Holdings Bhd Group announced today its Chief Executive Officer (GCEO) Datuk Rohana Rozhan's resignation will take effect from Jan 31, 2019, but she will remain on the board as a non-executive director. Its Group Chief Content & Consumer Officer, Henry Tan, who has been with the pay-TV operator for more than 10 years, will be Rohana's 7

June 6, 2018 9:06 AM Matta Fair to donate RM1 from each visitor to 'Tabung Harapan Malaysia'

KUALA LUMPUR: The Malaysian Association of Tour and Travel Agents (Matta) will donate RM1 to 'Tabung Harapan Malaysia' (THM) for every visitor to the National Matta Fair to help address the financial situation in the country. Its CEO Phua Tai Neng said the association was pleased to join other Malaysians in donating to the publicly funded THM to support 4