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January 19, 2018 11:15 AM APFT now a PN17 company

PETALING JAYA: Aviation training provider APFT Bhd has been admitted into the Practice Note 17(PN17) category as its shareholders’ equity fell below the 50% threshold, more than a year after auditors flagged going concern issues in its audited financial statement for the financial year ended July 31, 2016. The group’s board of directors said in a Bursa 3

January 19, 2018 12:51 AM Multi-million dollar Shell fuel heist began as early as July 2017

Suspects, part of a group of 17 detained over their part in an alleged oil theft at Shell's Pulau Bukom refinery, arrive in a van at the State Courts, Singapore January 9, 2018 in this picture by Nuria Ling/TODAY. — Reuters picSINGAPORE, Jan 19 — The suspects behind the multi-million dollar Shell fuel heist began misappropriating oil from the energy 5

January 18, 2018 1:50 PM EU palm resolution is against ISCC system: Expert

PUTRAJAYA: Palm oil industry expert Dr James Fry believes that the European Union (EU) resolution that discriminates against palm oil is wrong and runs contrary to the International Sustainability and Carbon Certification (ISCC) system – the driver for certified palm oil. The lSCC and the Roundtable on Sustainable Palm Oil certification were the systems 8

January 18, 2018 6:00 AM Malaysia says European move to ban palm oil from biofuels is ‘crop apartheid’

Malaysia is the world's second-biggest palm oil producer after Indonesia, and the two countries together account for nearly 90 per cent of global output. — Reuters picKUALA LUMPUR, Jan 18 ― Malaysia today criticised the European Union for backing a ban on the use of palm oil in biofuels, calling the move a protectionist trade barrier and a form of “crop apartheid 5

January 18, 2018 3:02 AM S. Korea considering shutting down all virtual currency exchanges

A copy of bitcoin standing on PC motherboard is seen in this illustration picture, October 26, 2017. — Reuters picSEOUL, Jan 18 — South Korea’s financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting this morning. “(The government) is considering both shutting 6

January 17, 2018 5:38 AM TNB shares take hit in Bursa morning trade

The Tenaga Nasional Berhad (TNB) logo is seen on a building in Kuala Lumpur April 29, 2016. — Picture by Saw Siow FengKUALA LUMPUR, Jan 17 — Tenaga Nasional Bhd’s (TNB) shares on Bursa Malaysia took a hit in the morning session today, after the Energy Commission (EC), announced that the national power company would bear the RM929.37 million rebate to maintain 9

January 16, 2018 8:02 AM Broker pleads not guilty to RM350k securities fraud

KUALA LUMPUR: A security officer pleaded not guilty to two charges of being involved in securities fraud involving a total of RM350,000 at the Sessions Court here today. Ismail Basir, 67, who was arrested by the Securities Commission (SC), claimed trial for both the charges before Judge Azman Ahmad. He was accused of being directly in connection with the purchase 5

January 16, 2018 6:19 AM Suhakam’s inquiry into Pastor Koh’s disappearance halted

PETALING JAYA: The Human Rights Commission of Malaysia (Suhakam) has today halted its inquiry into the disappearance of Pastor Raymond Koh after a request from the police. Suhakam commissioner and former Court of Appeal judge Mah Weng Kwai said he was informed that a suspect had been charged at the Petaling Jaya magistrate's court under Section 385 of the Penal 9

January 12, 2018 6:54 AM Two men in remand for corruption to reduce TNB fine

SEREMBAN: The Special Corruption Court here today issued a five-day remand order against two men for soliciting bribe from a Tenaga Nasional Berhad (TNB) subscriber who was fined for tampering with the meter box. The order was issued by Assistant Registrar Nur Hayatie Mohd Saini following an application by the Malaysian Anti-Corruption Commission (MACC) 5

January 12, 2018 2:40 AM Warisan Veep released on bail and sent for medical check up

Warisan Vice President Datuk Peter Anthony was seen clutching his bible as he was led around the courthouse. ― Picture by Julia ChanKOTA KINABALU, Jan 12 ― Parti Warisan Sabah Vice President Datuk Peter Anthony was released on a bail of RM55,000 today after being held for a week. Magistrate judge Afiq Agoes set the bail amount and ordered one local guarantor 3