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August 28, 2018 4:20 AM Ex-MIC vice-president charged with money laundering, involving RM6m

JOHOR BARU: Former MIC vice-president Tan Sri S. Balakrishnan pleaded not guilty in the sessions court here today to two counts of money laundering, involving withdrawal transactions for RM6.012 million, between 2012 and 2013. On the first count, Balakrishnan, as a representative of Sinniyah & Sons Sdn Bhd, was alleged to be involved in money laundering 75

August 28, 2018 3:03 AM Daiman top gainer on Bursa

PETALING JAYA: Daiman Development Bhd has emerged as the top gainer on Bursa Malaysia this morning with its share price rising as much as 29.95% after it received an offer from its major shareholder Tay Kia Hong & Sons Sdn Bhd and Daiman Holdings Sdn Bhd to privatise the group by way of a selective capital reduction and repayment exercise (SCR) at RM3 per share 67

August 27, 2018 11:05 AM Claim of 300,000 Malaysian Indians without ID untrue: Azis Jamman

KUALA LUMPUR: The Home Ministry today dismissed a claim that 300,000 Malaysian Indians did not have identification documents as was highlighted prior to the 14th General Election. Deputy Home Minister Datuk Mohd Azis Jamman said only 3,853 applications for citizenship were received from Indians up to May 30 this year. "Of the total, 1,638 applications 62

August 26, 2018 2:34 PM Police arrest six men, seize contraband cigarettes worth RM80k in Kota Tinggi

KOTA TINGGI: Police foiled attempts to smuggle in contraband cigarettes by a syndicate known as 'Geng Apeng', following the arrest of six men, including an Indonesian national, in four separate raids carried out in Tanjung Belungkor, here yesterday. Kota Tinggi district police chief Supt Ahsmon Bajah said the first raid was carried out by a team comprising 80

August 26, 2018 9:12 AM Education Ministry to build and relocate 26 Chinese schools

THE Education Ministry is working on building and relocating a total of 26 Chinese primary schools based on the "10+6+10" formula. According to a report in Nanyang Siang Pau today, Deputy Education Minister Teo Nie Ching said the Pakatan Harapan government will not only implement the "10+6" (building 10 new Chinese primary schools and relocating six others) 75

August 25, 2018 1:47 AM MOH refutes allegation that cancer patients face higher charges at public hospitals

KUALA LUMPUR: The Ministry of Health (MOH) today refuted the allegation that cancer patients had to pay RM400 for cancer drugs alone when seeking treatment at public hospitals. MOH secretary-general Datuk Seri Dr Chen Chaw Min (pix) said the charge was not just for a box of Tamoxifen atau Letrozole (breast cancer drugs) as claimed, but rather for the total 35

August 24, 2018 11:41 AM IRB confirms RM16.046b unreturned tax refunds

PETALING JAYA: The Inland Revenue Board (IRB) today confirmed that the previous government did not return a total of RM16.046 billion in excess income tax and real property gains tax as at May 31, 2018 to taxpayers, mainly due to the shortfall in the Tax Refund Fund (TBBC). This, it said, involves 1.65 million cases comprising companies, individuals 80

August 24, 2018 5:17 AM 'Malaysia 1' number plate collects record RM1.1m

PUTRAJAYA: The "Malaysia 1" special number plate received a bid of RM1.1 million, making it the highest amount paid for a single car plate. Transport Minister Anthony Loke said the government has collected over RM13.16 million for the "Malaysia" special plate series, with a total of 3,353 successful tenders from an overall 9,166 bidders 46

August 23, 2018 12:46 PM Sime Darby Plantation acquires coconut oil exporter

KUALA LUMPUR: Sime Darby Plantation Bhd’s (SDP) wholly owned subsidiary New Britain Palm Oil Ltd (NBPOL) has completed the US$52.6 million (RM215.6 million) acquisition of Markham Farming Co Ltd (MFCL) from Markham Agro Pte Ltd (MAPL). In a filing with Bursa Malaysia, SDP said NBPOL has assumed the net debt of MFCL and MAPL of US$11 million. MFCL is now indirectly 82

August 23, 2018 11:11 AM Save, invest and win

In its aim to empower Bumiputeras, Pelaburan Hartanah Berhad (PHB) and Maybank Asset Management Sdn Bhd (MAM) launched an Amanah Hartanah Bumiputera (AHB) prize draw called “Simpan, Labur dan Menang”. The “luck” draw will see customers standing to win AHB units of up to RM400,000 in total. PHB group managing director and CEO Datuk Kamalul Arifin Othman 153