The Malaysian Pulse
Beat of the Nation
Thu, 17 Oct 2019, 8:44 PM
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Topic: May 31

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Vizione's JVco shortlisted to construct Papar dam in Sabah
KUALA LUMPUR (Oct 17): Vizione Holdings Bhd’s joint venture company (JVco) with Pembinaan Maju Cemerlang Sdn Bhd (PMCSB) has been shortlisted by the Sabah State Water Department (JANS) to design and...
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Vizione's JVco shortlisted to construct Papar dam in Sabah
KUALA LUMPUR (Oct 16): Vizione Holdings Bhd’s joint venture company (JVco) with Pembinaan Maju Cemerlang Sdn Bhd (PMCSB) has been shortlisted by the Sabah State Water Department (JANS) to design and...
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UMW upbeat on achieving car sales target
SHAH ALAM: UMW Holdings Bhd is confident of achieving its automotive sales target for this year.
The Star:
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UMW upbeat on achieving car sales target
SHAH ALAM: UMW Holdings Bhd is optimistic of achieving its automotive sales target for this year.
theSun:
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Single father gets jail, whipping for armed robberies
KUALA LUMPUR: A single father was sentenced to five years in jail and eight strokes of the rotan by the sessions court here today after he pleaded guilty to four counts of armed robbery.
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Single father gets five years' jail, eight strokes of the rotan for armed robbery
KUALA LUMPUR: A single father was sentenced to five years' in jail and eight strokes of the rotan by a Sessions Court here for committing armed robbery at a...
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Quick take: Cepco share price plunges 35%
KUALA LUMPUR: Concrete Engineering Products Bhd (Cepco) tumbled more than 35% during the morning trading session on Monday.
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Najib objects to ‘hearsay evidence’ by ex-1MDB chief
KUALA LUMPUR: Najib Razak has filed an objection to stop former 1MDB CEO Shahrol Azral Ibrahim from linking him to fugitive businessman Low Taek Jho, saying this would amount to hearsay evidence.
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Salesman takes used car buyer for a ride
Abdul Hadi bought a used car but ended up being conned by the salesman who did not change the vehicle's ownership registration.
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New highway to Beruas opens, toll-free for now
SITIAWAN: A new section of the West Coast Expressway from Kampung Lekir, Sitiawan, to Beruas, both in Perak, will be opened to road users starting tonight.
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Kampung Lekir-Beruas stretch of West Coast Expressway opens tonight
SITIAWAN, Sept 23 — Sections 9 and 10 of the West Coast Expressway (WCE) from Kampung Lekir, Sitiawan to Beruas in Perak will be opened to road users starting tonight.
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Retailer rides out weak demand with local goods
WITH the weaker demand brought on by the prevailing local and global economic challenges, local retailer Sunshine Wholesale Mart Sdn Bhd expects to have the...
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Facebook faces massive damages in Cambridge Analytica suit
Facebook Inc users suing over the social network’s worst-ever privacy scandal gained leverage to pry into its internal records to back up their claims that it failed to safeguard...
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India PM Modi tweets in Bahasa Malaysia about Russian meet with Dr M
KUALA LUMPUR, Sept 5 ― Prime Minister of India Narendra Modi has tweeted in Bahasa Malaysia of his bilateral meeting with Tun Dr Mahathir Mohamad ahead of the three-day Eastern Economic Summit in Vl...
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Zakir's extradition raised during Dr M-Modi meet in Russia
The status of controversial Muslim preacher Dr Zakir Naik was raised during a meeting between Prime Minister Dr Mahathir Mohamad and his Indian counterpart Narendra Modi.
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Mahathir meets Modi in Russia
VLADIVOSTOK (Sept 5): Prime Minister Tun Dr Mahathir Mohamad and his Indian counterpart, Narendra Modi held a bilateral meeting ahead of the three-day Eastern Economic Summit which begins this afterno...
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Dr M meets India’s Narendra Modi in Russia
VLADIVOSTOK (Russia), Sept 5 ― Prime Minister Tun Dr Mahathir Mohamad and his Indian counterpart, Narendra Modi held a bilateral meeting ahead of the three-day Eastern Economic Summit which begins t...
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Lead Story: Construction space is overcrowded
THE rally in construction stocks this year has been fuelled by the resumption of mega infrastructure projects, including the RM44 billion East Coast Rail Link (ECRL) and RM16.6 billion Light Rail Tran...
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PNB CEO reportedly leaving soon to be Chairman of Sime Darby
PETALING JAYA: The reshuffling of heads of government-linked companies (GLCs) continues with Permodalan Nasional Bhd’s (PNB) chief executive officer, Datuk Abdul...
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HR Ministry commissions study on foreign internship, low-skilled employment
PETALING JAYA: The Human Resources Ministry has commissioned a study to ascertain the socio-economic impact of international internship programmes and the employment of a large pool of low-skilled foreign workers in Malaysia.
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HR Ministry to study socio-economic effect of low-skilled foreign workers and...
KUALA LUMPUR (Aug 21): The Ministry of Human Resources (MOHR) is to conduct a study on the socio-economic implications arising from the employment of low-skilled foreign workers and international inte...
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HR Ministry sets out to get socio-economic impact data on foreign workers in Malaysia
KUALA LUMPUR, Aug 21 — The Human Resources Ministry is initiating a study of the social and economic impact of low-skilled foreigners employed in the country as their numbers near two million.
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Subra: Jeyaindran initiated many innovative changes
KUALA LUMPUR: Former deputy Health director-general Datuk Seri Dr S. Jeyaindran was known to handle many challenges faced by the Health Ministry professionally and effectively, says Datuk Seri Dr S. Subramaniam.
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Jeyaindran remembered for his contributions to medical field
PETALING JAYA: Former Health Ministry deputy director-general Datuk Seri Dr Jeyaindran Sinnadurai (pic) will be remembered for his contribution to the medical field and for being a great mentor and friend.
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Retired deputy Health DG Dr Jeyaindran dies
KUALA LUMPUR: Retired deputy director-general of health Datuk Seri Dr S. Jeyaindran (pix), a well-known figure among the medical fraternity in the country, died of a heart attack early today.
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Health Minister: Dr Jeyaindran's death a huge loss to the health sector
KUALA LUMPUR (Bernama): Datuk Seri Dr Dzulkefly Ahmad has described the death of retired deputy health director-general Datuk Seri Dr S. Jeyaindran as a huge loss to the nation's health sector.
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Dzulkefly: Former Health Ministry deputy Dr Jeyaindran’s death a huge loss
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Former Health Ministry deputy D-G Dr Jeyaindran dies at 64
IPOH, Aug 19 — Former Health Ministry Deputy Director-General Datuk Seri Dr. Jeyaindran Sinnadurai died this morning.
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Acme proposes one-for-four bonus warrants; to raise up to RM22m to buy Penang land
KUALA LUMPUR (Aug 8): Plasticware products manufacturer cum property developer Acme Holdings Bhd has proposed to undertake a bonus issue of up to 59.69 million free warrants on the basis of one warran...
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Acme proposes one-for-four bonus warrants; to raise up to RM22m to buy Penang...
KUALA LUMPUR (Aug 7): Plasticware products manufacturer cum property developer Acme Holdings Bhd has proposed to undertake a bonus issue of up to 59.69 million free warrants on the basis of one warran...
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Ringgit opens slightly higher
KUALA LUMPUR (Aug 7): The ringgit was slightly higher against the US dollar at opening today, but, continued to trade off the back foot, weighed down by the prospect of an escalation trade tensions an...
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Ringgit opens slightly higher against US dollar
KUALA LUMPUR, Aug 7 ― The ringgit was slightly higher against the US dollar at opening today, but, continued to trade off the back foot, weighed down by the prospect of an escalation trade tensions ...
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Ringgit closes at more than two-month low
KUALA LUMPUR, Aug 6 — The ringgit fell as much as 0.29 per cent to its lowest level in more than two months against the US dollar, as investors remained concerned about the worsening US-China trade ...
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Stolen asset: Convict jailed another 20 months
PETALING JAYA: A convicted criminal will spend more time in jail after he was sentenced 20 months by the magistrate’s court here today, for possession of a stolen vehicle.
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Bursa Malaysia lower at mid-morning
KUALA LUMPUR, Aug 1 ― Bursa Malaysia was lower at mid-morning, with the benchmark index remaining in negative territory, dragged down by bearish market sentiment.
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Press Metal, Zeland, Chin Teck, YTL REIT, Barakah Offshore, Pintaras Jaya,...
KUALA LUMPUR (July 31): Based on corporate announcements and news flow today, stocks in focus on Thursday (Aug 1) may include: Press Metal Aluminium Holdings Bhd, Zeland Bhd, Chin Teck Plantations Bhd...
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Chin Teck 3Q net profit falls 62%, declares 10 sen dividend
KUALA LUMPUR (July 31): Chin Teck Plantations Bhd's net profit dropped 62.4% year-on-year mainly due to lower revenue and other income.
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Advancecon lands Bangi township job worth RM83.82m
KUALA LUMPUR (July 31): Advancecon Holdings Bhd has secured an earthworks and civil engineering contract for a township in Bangi, Selangor worth RM83.82 million.
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Advancecon lands Bangi township job worth RM83.82m
KUALA LUMPUR (July 31): Advancecon Holdings Bhd has secured an earthworks and civil engineering contract for a township in Bangi, Selangor worth RM83.82 million.
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New structure for education sector to be introduced in stages from June 1
PUTRAJAYA: The Education Ministry is in the midst of implementing a new organisation structure for the education sector in stages, beginning June 1, said Education director-general Datuk Dr Amin Senin...
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Ecobuilt to dispose of three units for RM12m to streamline business
KUALA LUMPUR (July 29):  Ecobuilt Holdings Bhd (formerly known as M-Mode Bhd) is selling three of its subsidiaries to its founder and former managing director Datuk Lim Thean Keong for RM12 million, ...
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Ancom 4Q net profit up 21% on disposal of media units
KUALA LUMPUR (July 29): Ancom Bhd’s net profit rose 21.43% to RM10.33 million in the fourth quarter ended May 31, 2019 (4QFY19), from RM8.51 million a year ago, thanks mainly to gains from the dispo...
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Credit Suisse Group emerges substantial shareholder in Vsolar
KUALA LUMPUR: Credit Suisse Group AG has emerged as a subtantial shareholder in loss-making Vsolar Group Bhd with a 5.08% stake.
The Star:
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Straits Times owner underperforms MSCI Singapore
SINGAPORE: Singapore Press Holdings Ltd. is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.
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Genting Malaysia, Genting, Caring Pharmacy, BAT Malaysia, Pavilion REIT, Vitrox...
KUALA LUMPUR (July 25): Based on corporate announcements and news flow today, companies that may be in focus on Friday (July 26) may include Genting Malaysia Bhd, Genting Bhd, Caring Pharmacy Group Bh...
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Caring 4Q profit declines 11%, declares 6 sen dividend
KUALA LUMPUR (July 25): Caring Pharmacy Group Bhd posted an 11% drop in net profit to RM5.23 million in the fourth quarter ended May 31 from RM5.87 million a year ago, despite an 18.4% rise in revenue...
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Gadang falls 6.04% after full year earnings plunge 55%
KUALA LUMPUR (July 25): Gadang Holdings Bhd fell 6.04% this morning after it made a net loss of RM3.39 million in the fourth quarter ended May 31 from a RM23.31 million net profit a year prior due to ...
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Trading ideas: GHL Systems, HIbiscus Petroleum, Axis REIT, Gadang, DNeX
KUALA LUMPUR: Stocks on investors' radar screens on Thursday include GHL Systems, HIbiscus Petroleum, Axis REIT, Gadang and DNeX.
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GHL Systems, Hibiscus Petroleum, AXIS REIT, Gadang, Vizione, DNEX and KPS
KUALA LUMPUR (July 24): Based on corporate announcements and newsflow today, these stocks could be in focus on Thursday (July 25): GHL Systems Bhd, Hibiscus Petroleum Bhd, Axis Real Estate Investment ...
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Gadang incurs first quarterly net loss since 2011
KUALA LUMPUR (July 24): Gadang Holdings incurred a quarterly net loss of RM3.39 million for the fourth quarter ended May 31, 2019 (4QFY19), versus a net profit of RM23.31 million a year ago, due to re...
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US Justice Department launches antitrust review of big tech firms
WASHINGTON, July 24 — The US Justice Department said yesterday it was opening an investigation of major digital tech firms on whether they engage in anticompetitive practices.
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IP on TNB's overcharged bills with AGC
BANGI (July 23): The probe into Tenaga Nasional Berhad (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed with the investigation paper (IP) sent to th...
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MARC removes Quantum Solar Park from negative watch
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has removed Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) RM1bil green SRI sukuk rating from MARCWatch Negative.
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IP on TNB’s overcharged bills with AGC
BANGI: The probe into Tenaga Nasional Berhad (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed with the investigation paper (IP) sent to the Attorney-...
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Investigation paper on TNB's overcharged bills with AGC
BANGI (July 23): The probe into Tenaga Nasional Bhd (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed, with the investigation paper (IP) sent to the A...
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Contract workers cry foul over sudden dismissal
KUANTAN: A total of 16 contract school cleaners in Pahang are seeking justice as they claim to have lost their source of income after their contracts were suddenly terminated.
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SC to implement anti-corruption action plan
KUALA LUMPUR (July 22): The Securities Commission Malaysia (SC) will be implementing an action plan with the main objectives of supporting the National Anti-Corruption Plan (2019-2023) (NACP) and with...
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Penang exco defends tweets on 4,733 PSR engagement sessions
Penang exco Dr Afif Bahardin today defended his tweets on engagement sessions held by the state government on the Penang South Reclamation (PSR) project.
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We told CM we want reclamation project axed, say Penang fishermen
GEORGE TOWN: The Penang Fisherman’s Association today said it had “unanimously” objected to the reclamation of three islands along the southern coast, against the state government’s claim that...
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Guan Eng: GST refund remarks in context of money not returned to taxpayers but...
KUALA LUMPUR (July 17): Finance Minister Lim Guan Eng said today he was speaking last year within the context of Malaysia's goods and services tax (GST) refunds that were not returned to taxpayers but...
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Debt held by federal govt rose to RM741b at end-2018
KUALA LUMPUR (July 17): The total amount of debt held by the Federal Government had increased to RM741.05 billion at the end of 2018, from RM686.84 billion at the end of 2017.
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PAC confirms previous govt illegal use of tax money: Lim
KUALA LUMPUR: The Public Accounts Committee (PAC) has confirmed that the previous government had used the Goods and Services Tax (GST) collections for other purposes, said Finance Minister Lim Guan En...
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Key highlight in PAC's report is violation of GST law, Guan Eng says
KUALA LUMPUR (July 16): The key highlight in the Public Accounts Committee (PAC) report on "missing" goods and services tax (GST) refunds is the violation of the law on the use of funds, said Finance ...
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Finance Ministry respects PAC recommendations, says Guan Eng
PUTRAJAYA, July 16 — The Finance Ministry respects the two main recommendations of the Public Accounts Committee (PAC) that the violation of the laws and non-compliance of regulations on the repayme...
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PAC confirms previous govt illegal use of tax money – Lim
Lim Guan Eng speaking to reporters at the Parliament in Kuala Lumpur.
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4,733 sessions? We only met CM once, says fishermen association
A fishermen association has denied that its representatives had met the Penang government for discussions since the Penang South Reclamation (PSR) was mooted in 2016.
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Key highlight in PAC's report is violation of GST law, Guan Eng says
KUALA LUMPUR (July 16): The key highlight in the Public Accounts Committee (PAC) report on "missing" goods and services tax (GST) refunds is the violation of the law on the use of funds, said Finance ...
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Customs intentionally delayed GST refund process as govt lacked money, PAC told
KUALA LUMPUR (July 16): The Customs Department had intentionally slowed down the Goods and Services Tax (GST) refund process, as the government had run out of money to pay the refunds, the Public Acco...
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Guan Eng: RM19.25b shortfall in GST refunds as money used for other purposes
KUALA LUMPUR (July 16): Finance Minister Lim Guan Eng said today the Public Accounts Committee's (PAC) summary shows that there was a RM19.25 billion shortfall in the fund for GST refunds because the ...
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‘Customs delayed GST refund process as BN govt lacked money’
KUALA LUMPUR: The Customs Department had intentionally slowed down the goods and services tax (GST) refund process as the previous Barisan Nasional (BN)-led government had run out of money to pay the ...
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Missing GST refunds not stolen as claimed: KL's accounts body
Goods and services tax (GST) refunds for businesses worth RM19.4 billion (S$6.4 billion) that allegedly went missing from Malaysia's government coffers during former prime minister Najib Razak's tenur...
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RM1.5 bln in approved GST refunds unpaid as of May 31, 2018
KUALA LUMPUR: The Public Accounts Committee (PAC) has found that Goods and Services Tax (GST) refunds totalling RM1.5 billion that have been approved had not been paid as of May 31, 2018.
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PAC report: RM1.5b in approved GST refunds unpaid as of May 31, 2018
KUALA LUMPUR, July 15 — The Public Accounts Committee (PAC) has found that Goods and Services Tax (GST) refunds totalling RM1.5 billion that have been approved had not been paid as of May 31, 2018.
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Customs intentionally delayed GST refund process as govt lacked money, PAC told
KUALA LUMPUR (July 15): The Customs Department had intentionally slowed down the Goods and Services Tax (GST) refund process, as the government had run out of money to pay the refunds, the Public Acco...
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PAC report: Only RM1.5b GST refunds overdue, not RM19.4b claimed by Finance Minister
KUALA LUMPUR (July 15): Only RM1.5 billion of Goods and Services Tax (GST) refunds were due as at May 31, 2018, and not RM19.4 billion as claimed by Finance Minister Lim Guan Eng, the Parliamentary Pu...
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Opposition to refer Guan Eng to parliamentary Committee of Privileges over GST...
KUALA LUMPUR (July 15): Opposition leader Datuk Seri Ismail Sabri Yaakob (BN-Bera) verbally requested that Finance Minister Lim Guan Eng be referred to the parliamentary Committee of Privileges over r...
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Missing GST refund was not stolen, says public accounts committee in Malaysia
KUALA LUMPUR - Goods and Services Tax (GST) refunds for businesses worth RM19.4 billion (S$6.41 billion) that allegedly went missing from government coffers during former prime minister Najib Razak's ...
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PAC report: Only RM1.5b GST refunds overdue, not RM19.4b claimed by Finance...
KUALA LUMPUR (July 15): Only RM1.5 billion of Goods and Services Tax (GST) refunds were due as at May 31, 2018, and not RM19.4 billion as claimed by Finance Minister Lim Guan Eng, the Parliamentary Pu...
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PAC to table report on GST refunds in Dewan Rakyat tomorrow
KUALA LUMPUR: The Public Accounts Committee (PAC) has unanimously agreed to table the report on refunds for taxes paid under the goods and services tax (GST) amounting to RM19.4 billion tomorrow, one ...
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Penang CM to fishermen: We will protect your rice bowl
GEORGE TOWN: Chief Minister Chow Kon Yeow assures fishermen worried about the Penang South Reclamation (PSR) project that their rice bowl will be protected.
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Penang forms task force to look into fishermen’s plight
GEORGE TOWN: The Penang government today assured fishermen protesting against the three islands reclamation project their concerns and demands would be looked into.
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Penang special task force to meet fishermen upset over reclamation project in Sept
GEORGE TOWN, July 12 — The Penang government is arranging a meeting in September to meet and offer assistance to local fishermen affected by three man-made islands plan.
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Uniqlo owner's profit falls short despite China gains
TOKYO: Fast Retailing Co.’s profit fell short of analyst estimates as a weaker performance in Japan overshadowed a strong showing in its overseas markets, particularly China.
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Domestic airfares soar in Indonesia despite government price cap
SINGAPORE/JAKARTA: When Resti Novita Sari booked to fly from Jakarta to her hometown of Padang to visit family for the Eid holiday, airfares were 40% to 60% higher than she had paid in previous years.
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Deal only with licensed tour operators
I AM perplexed with the Bernama report “1,057 tourism package fraud complaints made with the CCT” (July 9).
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Dollar climbs as US yields rise on pared bets for deep rate cuts
TOKYO, July 10 ― The dollar edged toward a three-week high against a basket of major currencies today, as an unwinding of bets on deep US interest rate cuts pushed Treasury yields higher.
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Govt to provide more places to keep seized foreign vessels
KUALA LUMPUR (July 9): The government plans to have more places to keep foreign vessels that are seized by Malaysian authorities for trespassing into the country’s territorial waters, as the existin...
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Tourism fraud: RM3m in claims awarded by CCT
KUALA LUMPUR: A total of 1,057 complaints on tourism fraud were filed with the Consumer Claims Tribunal (CCT) since 2016 until May 31 this year, involving claims totalling RM6.6 million, Parliament wa...
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Cheating among top reasons for divorce involving young couples: Hannah
KUALA LUMPUR: Cheating on their spouses and in-laws getting involved in marriages are among the main reasons behind divorce cases involving young couples, the Dewan Rakyat was told.
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Govt pushing for 100% sustainably produced palm oil by 2020, says minister
BANGI: Primary Industries Minister Teresa Kok is optimistic Malaysia will be able to achieve 100% sustainable palm oil production by January 2020 despite only 36% of palm oil growers attaining the Mal...
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Govt mulling compatibility test for couples wanting to marry
KUALA LUMPUR: The government is mulling introducing a compatibility test for dating couples intending to get married, says Women, Family and Community Development Deputy Minister Hannah Yeoh
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YTL Comms: Free Internet services offered in 'good faith'
KUALA LUMPUR: YTL Communications Bhd has reiterated that it did not ask for any special preferences when it offered free Internet services to the Education Ministry while awaiting a fresh tender for the 1BestariNet contract.
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Homeritz’s net profit more than 50% higher
PETALING JAYA: Homeritz Corp Bhd’s net profit rose 51.82% to RM7mil on the back of a 5.7% drop in revenue to RM37.57mil for the third quarter to May 31. It declared a two sen dividend for the quarter.
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Bursa Malaysia poised to breach 1,700-psychological level next week
KUALA LUMPUR, July 6 — Bursa Malaysia is likely to stage a strong rebound with the key index breaching the 1,700-psychological level next week amid positive market posture, after a long spell of dow...
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‘We rejected YTL’s six-month free internet service to schools due to hidden...
PUTRAJAYA (July 5): The Ministry of Education rejected YTL Communications Sdn Bhd’s offer for free internet service to schools nationwide for an interim six month period prior to the call of an open...
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YTL claims education ministry breached 1BestariNet contract
KUALA LUMPUR: YTL Communications Sdn Bhd has claimed the ministry of education breached contractual obligations pertaining to the supply of Internet connectivity to 10,000 schools nationwide following...
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YTL accuses MoE of breaching contract
KUALA LUMPUR: YTL Commu­ni­cations Sdn Bhd has accused the Education Ministry of hiring three Internet service providers (ISPs), namely Telekom Malaysia, Celcom Axiata and Maxis, for schools although YTL offered free Internet services for the second half of this year in the interim period.
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Kok urges oil palm smallholders to obtain MSPO certification
KUCHING (July 3): The Ministry of Primary Industries has urged oil palm smallholders to obtain the Malaysia Sustainable Palm Oil (MSPO) certification which will be mandatory on Dec 31 this year.
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Only 36% of oil palm plantations MSPO certified, says Teresa Kok
KUCHING: Difficulty in locating mid-sized oil palm plantation owners has resulted in the government’s failure to achieve a higher percentage of Malaysian Sustainable Palm Oil (MSPO) certification in...
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Education ministry went back on internet tender offer, claims YTL Communications
YTL Communications Sdn Bhd has claimed that the Ministry of Education has breached its contractual obligations.
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