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August 21, 2018 10:56 AM Parlo accepts shares for shortfall in profit

PETALING JAYA: Parlo Bhd said the shortfall of RM1.26 million guaranteed profit of its wholly-owned unit Parlo Tours Sdn Bhd in the financial year ended Dec 31, 2017 has been fully settled. It told the stock exchange that the shortfall is deemed to be fully settled with the release of 11.5 million profit guarantee settlement shares to the stakeholder 3

August 19, 2018 2:28 AM Strong earthquake hits off Fiji, no tsunami threat

SYDNEY: A strong 8.2-magnitude earthquake struck off Fiji Sunday, the US Geological Survey said, but it was too deep to generate a tsunami and there were no reports of damage. The tremor hit at 12.19pm local time (8.19am Malaysia) 361km east of the Pacific nation's capital Suva, at a depth of 559km, the US seismologists said. The Hawaii-based Pacific 6

August 15, 2018 2:04 PM Couple suspected of involvement in model's murder absent from court

KUALA LUMPUR: A lawyer holding a watching brief for the couple who hosted Dutch model Ivana Smit prior to her death was asked to leave the coroner's court today, as the couple will not testify in the proceedings. G. M. Tab, the special counsel for Alex and Luna Johnson, was asked to leave by coroner Mahyon Talib after S. N. Nair, the special counsel 4

August 15, 2018 11:29 AM Stolen 12th century Indian Buddha statue found in London

LONDON: A 12th century bronze Buddha statue stolen from an Indian museum 57 years ago has surfaced in London and is now being returned to the country, police said Wednesday. The statue with silver inlay was one of 14 stolen from the Archaeological Survey of India site museum in Nalanda in the east of the country in 1961. It was spotted at a trade fair in Britain 7

August 14, 2018 3:39 PM YTL Hospitality REIT acquiring Hokkaido ski resort for RM222.5m cash

PETALING JAYA: YTL Hospitality REIT (YTL REIT) is acquiring The Green Leaf Niseko Village for ¥6 billion cash (RM222.5 million) from Niseko Village KK (Niseko Village), an indirect wholly owned subsidiary of YTL Corp Bhd. In a filing with Bursa Malaysia today, YTL REIT said its wholly owned subsidiary Starhill REIT Niseko GK (Starhill Niseko) has entered 4

August 14, 2018 1:37 PM No delay in responding to China's palm oil purchase

KUALA LUMPUR: The Ministry of Primary Industries has clarified that its Minister, Teresa Kok did not infer that a unit in the ministry was slow in responding to, or following up with, requests by buyers from China to purchase palm oil. The ministry said that Kok was referring to the failure by the company that was involved in the trade talk with China 6

August 12, 2018 1:42 PM Former Brazil striker Ronaldo hospitalised with pneumonia in Spain

MADRID: Retired Brazilian striker Ronaldo has been hospitalised with pneumonia on the Spanish holiday island of Ibiza and is recovering well, a local newspaper reported Sunday. The 41-year-old, widely considered one of the world's best-ever players, was admitted to the intensive care unit of the Can Misses Hospital on the island on Friday afternoon where 8

August 10, 2018 4:42 AM KKIA executive officer released

KOTA KINABALU: An executive officer at the commercial unit of the Kota Kinabalu International Airport (KKIA) who was detained by the Malaysian Anti-Corruption Commission (MACC) in connection with alleged corruption in the approval of rental sites at the airport was released today. Magistrate Cindy Mc Juce Balitus ordered the man to be released on bail of RM8,000, with RM5,000 in deposit 8

August 9, 2018 1:52 PM 85th Mazda outlet launched in George Town

BERMAZ Motor today opened its latest Mazda branch and 3S centre in Jelutong, GeorgeTown. Strategically located on one of the major roads of Penang, this outlet provides easy access for customers from both sides of Penang (mainland and island). The company stated that its investment in the new 3S centre demonstrates its commitment to further strengthen 15

August 9, 2018 5:16 AM Penang CM asks Najib not to mislead public over PIL 1 Highway, ECRL

GEORGE TOWN: Penang Chief Minister Chow Kon Yeow has asked former prime minister Datuk Seri Najib Abdul Razak not to mislead the public by distorting what he described as two distinctly different infrastructure projects – the Pan Island Link 1 (PIL 1) Highway and the East Coast Rail Link (ECRL). He said there were major differences between a highway 5