Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 1000 for query «funds»

June 22, 2018 1:20 PM Special body for overall TVET implementation: NUTP president

KUALA LUMPUR: A special body needs to be established to monitor the overall implementation of the Technical and Vocational Education Training (TVET) policy, said National Union of Teaching Profession (NUTP) president Kamarozaman Abd. Razak. He said although a TVET Committee would be formed to upgrade the status of its education, a special body was also needed 5

June 22, 2018 11:04 AM Comfort Gloves buys Perak land for RM13.22m

PETALING JAYA: Comfort Gloves Bhd is acquiring a piece of land measuring about 157,500 square metres in Kinta, Perak for RM13.22 million. The company said its wholly owned subsidiary Comfort Rubber Gloves Industries Sdn Bhd had on June 22 entered into a sale and purchase agreement with Nestle Manufacturing (Malaysia) Sdn Bhd for the land purchase 5

June 22, 2018 7:20 AM Financial aid needed to repair damaged school roof

KUALA LUMPUR: Teachers and parents are relieved that financial aid will be given to a primary school along Jalan Ladang Perut Putih which had been hit by heavy rainstorm last month. The cost of repairs is estimated at RM50,000 and Kepong MP Lim Lip Eng has pledged RM20,000 to help fund the cost of repairs. The rainstorm caused part of the school's roof to collapse 4

June 21, 2018 10:44 AM Guan Eng appears utterly confused

Guan Eng says that RM3 billion was stolen from TRX in order to service 1MDB’s debt. He also says that the govt will now need to bail out TRX with an additional RM2.8 billion in order to complete the project which would then make a profit as it will bring in at least RM7.6 billion in sales. Only the uneducated and those without any sense of logic will believe 3

June 21, 2018 7:20 AM Finance Ministry to pump additional RM2.8b into TRX project

PUTRAJAYA: The Finance Ministry will inject an additional RM2.8 billion to fund the completion of Tun Razak Exchange (TRX). Finance Minister Lim Guan Eng said the funds will be used to complete all the necessary infrastructure works in TRX as TRX City Sdn Bhd (TRXC) does not have the funds to complete the project. TRXC, formerly known as 1MDB Real Estate 3

June 20, 2018 3:54 PM Communications and Multimedia Ministry to audit two MCMC funds

PUTRAJAYA: The Ministry of Communications and Multimedia will conduct an audit on two Malaysian Communications and Multimedia Commission (MCMC) fund groups following enquiries regarding their management. Its minister Gobind Singh Deo (pix) revealed the two funds as MCMC Fund, established under the Communications and Multimedia Act 1998, and the Universal 5

June 20, 2018 2:22 AM Maduro ally named leader of Venezuela's ruling assembly

CARACAS: Venezuela's all-powerful Constituent Assembly on Tuesday elected Diosdado Cabello as its new president, a month after he was slapped with US sanctions. Cabello, deputy leader of the ruling Socialist Party, was elected by a show of hands of the 545-member Assembly and replaces Delcy Rodriguez, a former foreign minister who President Nicolas Maduro 7

June 19, 2018 11:53 AM GHL Systems: RM40m from private placement to finance purchase of Paysys

PETALING JAYA: GHL Systems Bhd will be deploying RM40 million out of the RM84.5 million raised from a private placement exercise, to fund the proposed acquisition of Paysys (M) Sdn Bhd to expedite the process. The group had previously stated in a circular to its shareholders dated May 16, 2018 that the acquisition will be funded through a combination 5

June 19, 2018 9:06 AM EU court confirms Le Pen must repay €300,000 to European Parliament

LUXEMBOURG: French far-right leader Marine Le Pen must repay nearly €300,000 to the European Parliament for funds paid incorrectly to an assistant, a top EU court ruled on Tuesday. The General Court of the European Union, the bloc's second-highest tribunal, rejected a bid by Le Pen to overturn a ruling that she had wrongly used parliamentary funds to pay an aide who was based 5

June 17, 2018 12:25 PM Bursa trading velocity profoundly low during World Cup

PETALING JAYA: The trading velocity in Malaysia during the 2018 World Cup is expected to be subdued not just because of this event but also due to the festive season, according to MIDF Research. “We do not expect the World Cup event to change the fundamentals of all stocks under our coverage. Hence, we maintain our FBM KLCI year-end 2018 target of 1,800 points 5