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August 28, 2018 3:14 AM Top Glove up 1.82% as it seeks removal of Adventa Capital rep

PETALING JAYA: Top Glove Corp Bhd's share price rose 1.82% this morning after it announced plans to remove Low Chin Guan, a representative of Adventa Capital Pte Ltd from its board. At 11.04am, Top Glove was trading at RM11.20 with 1.18 million shares changing hands. Top Glove yesterday said in a filing with the stock exchange that it had received a special 6

August 27, 2018 1:17 PM Top Glove’s founder seeks removal of Adventa Capital rep from board

PETALING JAYA: The feud between Top Glove Corp Bhd and Singapore’s Adventa Capital Pte Ltd has intensified with a bid to remove Low Chin Guan, a representative of Adventa Capital, from its board. Top Glove said in a filing with the stock exchange that it had received a special notice from its founder and executive chairman Tan Sri Lim Wee Chai, who holds 5

August 15, 2018 11:44 AM Government will repay RM19.25b GST refunds from 2019

PETALING JAYA: Finance Minister Lim Guan Eng said in a statement today that the government will repay RM19.25 billion in outstanding GST refunds to 121,429 companies and individuals from next year. The GST Refunds Trust Account currently only holds RM148.6 million and Lim did not elaborate on how the government would make good on the payments, which 13

August 13, 2018 2:35 PM Petronas takes 30% stake in Rufisque block, marks entry into Senegal

PETALING JAYA: Petroliam Nasional Bhd (Petronas), through subsidiary PC Senegal Ltd, recently signed a farm-in agreement with Total E&P Senegal SAS, a subsidiary of France's Total, for a 30% participating interest in the Rufisque Offshore Profond block, marking its entry into Senegal. Total will maintain operatorship with 60% equity alongside Société 11

August 11, 2018 7:29 AM Makcik Hajjah Sitt Al Wuzara is the Alias for Adlin Abd Jalil

Makcik Hajjah Sitt Al Wuzara is the Alias for Adlin Abd Jalil who is insulting, harassing many people on the internet on multiple platforms. Being infamous in Malaysia, Adlin now increasingly risks being extradited from Europe to Malaysia for her continued offensive online content. Insults, defamation of character, illegally posting private passport 29

August 7, 2018 1:44 PM Russia holds funerals for journalists shot in C. Africa

MOSCOW: Russia on Tuesday held funerals for three journalists killed in the Central African Republic who were investigating a shadowy Russian mercenary group for a media project founded by Kremlin foe Mikhail Khodorkovsky. The three men, reporter Orkhan Dzhemal, director Alexander Rastorguyev and cameraman Kirill Radchenko, were killed on July 30 shortly 14

August 6, 2018 9:13 AM Malaysia, Indonesia to use emotion to promote palm oil to EU

PUTRAJAYA: Malaysia and Indonesia will use the emotional element such as the health benefits of palm oil in their campaign to gain the confidence of the European markets, says Deputy Primary Industries Minister Shamsul Iskandar Mohd Akin. He said Malaysia as a palm oil producer holds to the principle of cooperation with other palm oil producing countries 10

August 5, 2018 3:05 AM Loh holds Penang’s first exhibition on aerial drone photography

GEORGE TOWN: Former Reuters photographer ST Loh is holding Penang's first ever exhibition on aerial drone photography. He has used two aerial drones to capture images for the exhibition. It was launched by the Mayor and Penang Island City Council (MBPP) president Datuk Yew Tung Seang. Loh said that the exhibition runs throughout the festival period from yesterday 7

August 3, 2018 7:30 AM EPF CEO Shahril appointed Khazanah MD

PETALING JAYA: Khazanah Nasional Bhd today announced that Datuk Shahril Ridza Ridzuan has been appointed as its managing director. In a statement released by the sovereign wealth fund today, it said Shahril will assume the post on Aug 20. Shahril, 48, is currently the Chief Executive Officer of the Employees Provident Fund (EPF), having been appointed 12

August 1, 2018 2:48 PM DRB-Hicom sells cash cow Alam Flora to pare debts, finance Proton operations

PETALING JAYA: DRB Hicom Bhd is selling profitable Alam Flora Sdn Bhd to Malakoff Corp Bhd's dormant unit Tunas Pancar Sdn Bhd for RM944.6 million to pay off loans and finance loss-making Proton Holdings Bhd's operations. Alam Flora holds a 22-year concession for solid waste collection and public cleansing management awarded by the Malaysian government 10