The Malaysian Pulse
Beat of the Nation
Mon, 23 Sep 2019, 11:23 AM
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Topic: RM1mil

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HBA: Lowering property price for foreigners will send wrong signal
KUALA LUMPUR: The National House Buyers Association (HBA) said the lowering of the floor price for foreign property buyers sends the wrong signal to...
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Ride on the home ownership incentives
THE Home Ownership Campaign (HOC) aimed at encouraging Malaysians to own houses has been extended from June 2019 to Dec 31,2019.
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Sunway acquires prime land in Bukit Jalil
PETALING JAYA: Sunway Bhd has acquired prime land in the neighbourhood of Mutiara Bukit Jalil following its 100% acquisition of Sterling Paradise Sdn Bhd.
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Ku Nan received monthly salary of RM39,227.20 including allowance, court told
KUALA LUMPUR (Bernama): The High Court here was told that former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor received a monthly salary...
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Ku Nan's trial commences Sept 20 as judge dismisses recusal bid
KUALA LUMPUR (Bernama): The RM1mil corruption trial involving Datuk Seri Tengku Adnan Tengku Mansor commenced Friday (Sept 20) after High Court judge...
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Johor govt mulls lowering RM1mil threshold for property acquisition by foreigners
JOHOR BARU: The Johor government is looking at lowering the current RM1mil threshold for foreigners to buy property as an incentive to sell off 51,000 unsold...
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Trial postponed as Ku Nan files bid to recuse judge
KUALA LUMPUR: Datuk Seri Tengku Adnan Tengku Mansor’s corruption trial was adjourned yesterday to allow the prosecution to file an affidavit in reply to an...
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Trial adjourned as Ku Nan files motion for judge to recuse himself
KUALA LUMPUR: The High Court on Thursday (Sept 19) adjourned the corruption trial involving Datuk Seri Tengku Adnan Tengku Mansor to give time for the prosecution to...
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Woman loses RM17,380 in double scam
KUALA LUMPUR: A 42-year-old woman not only lost her savings but became a victim of a loan scam after she befriended a man online.
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Tan to turn prosecution witness
KUALA LUMPUR: Businessman Datuk Tan Eng Boon is expected to become a prosecution witness in the corruption trial of Datuk Seri Tengku Adnan Tengku...
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Real prices needed in primary property market
KUALA LUMPUR: There is an urgent need for real and actual house prices to be quoted in the primary market unlike the current practice where only the developer and...
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EVENING 5: Five things you need to know today
Dirty dealings. Corporate battles.
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Federal govt should look into property expo for foreigners: Johor exco
JOHOR BARU (Sept 17): Johor Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad said the Federal Government should look into the benefits or disadvantages of a property expo for f...
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Businessman pleads guilty to abetting Ku Nan, fined RM1.5mil
KUALA LUMPUR: The High Court here has sentenced businessman Tan Eng Boon to a RM1.5mil fine in default of a year in jail for abetting Datuk Seri Tengku Adnan Tengku...
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Perak JPJ to use e-bidding for new number plates
IPOH: The Perak Road Transport Department (JPJ) will use the e-bidding system for its latest vehicle registration number series.
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Johor exco: Property expo may send wrong signals to foreign buyers
JOHOR BARU: The benefits or disadvantages of a property expo for foreigners mooted by the Housing and Local Government Ministry should be looked into by the...
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Pepper board eyes overseas markets
KUCHING: The Malaysian Pepper Board is targeting to generate sales revenue of RM10mil a year in value-added pepper products, which are currently being rebranded.
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Short position
Biz news in brief
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‘HOC campaign for foreigners was just a proposal’
PUTRAJAYA: Housing and Local Government Minister Zuraida Kam­aruddin says the high-end home ownership campaign for foreigners was only a suggestion following...
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BookDoc returns as Silver sponsor
PETALING JAYA: BookDoc returns as a Silver sponsor in support of the upcoming Penang Starwalk.
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New fund launched to help children with leukaemia
PETALING JAYA: A new non-­governmental organisation has set up a foundation called Save Leukaemia Kids Mission, in aid of families struggling with childhood leukaemia.
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Green-energy firm GPP Resources gets nod to list on LEAP
KUALA LUMPUR: Green-energy company GPP Resources Bhd plans to raise RM4.37mil through the issuance of 15.6 million new shares at 28 sen each.
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Two drug traffickers caught at KL airports
SEPANG: The Customs Department has foiled two attempts to smuggle in drugs valued at almost RM1mil involving two foreigners at KL International Airport (KLIA) and KL International Airport 2 (KLIA2) this month.
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Kitchen confidential: Customs seizes drugs hidden in appliances
SEPANG (Bernama): The Royal Malaysian Customs Department foiled two attempts to smuggle in drugs valued at almost RM1mil involving two foreigners at...
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Number of co-ops in Johor on the rise, expected to generate RM1bil in revenue by year-end, says MB
JOHOR BARU: The number of co-operatives have been on a steady rise in Johor and is expected to generate more than RM1bil in revenue by the end of the year.
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UEM Sunrise earnings at RM40.36mil in Q2
KUALA LUMPUR: UEM Sunrise Bhd registered a net profit of RM40.36mil for the second quarter of its financial year ending Dec 31,2019 (FY19), bringing its first-half net...
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Supporting high-potential startups
ENDEAVOR Malaysia, an entrepreneur support organisation, has launched its new ScaleUp Endeavor programme to help high-potential local companies that are at the startup phase.
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Johor comes up with short-term solutions for unsold properties
JOHOR BARU: The state government has come up with a few short-term measures to reduce the pro­perty overhang in Johor, including easing the process to release units reserved for bumiputras.
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Ku Nan and Tan’s trial to start on Sept 19
KUALA LUMPUR: The corruption trial involving Datuk Seri Tengku Adnan Tengku Mansor and businessman Datuk Tan Eng Boon will be held over two days starting Sept 19.
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Joint RM1mil graft trial of Ku Nan, businessman to be heard for two days from Sept 19
KUALA LUMPUR: The RM1mil corruption case involving Datuk Seri Tengku Adnan Tengku Mansor and businessman Datuk Tan Eng Boon will be heard for two...
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KK gets lots more for garbage
KOTA KINABALU: Sabah Chief Minister Datuk Seri Mohd Shafie Apdal has announced a bigger allocation of RM1mil next year for Kota Kinabalu City Hall to handle waste management.
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Maybank IB Research retains Buy on Berjaya Food but lower TP
KUALA LUMPUR: Maybank Investment Bank Research maintains its Buy call on Berjaya Food on decent growth and inexpensive valuations.
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Scomnet in the spotlight after news of FDA approval
PETALING JAYA: Shares of medical cable company Supercomnet Technologies Bhd (Scomnet) have been seeing some interest following news that its largest client, California-based Edwards Lifesciences Corp, has received approval for its heart valve systems from the US Food and Drug Administration (FDA) on Aug 16.
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Johor JPJ targeting over RM1mil revenue via e-bidding for 'JTR' plate numbers
JOHOR BARU: The Road Transport Department (JPJ) is targeting over RM1mil in revenue through its e-bidding system (JPJeBid) for the "JTR" vehicle registration plate numbers.
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Court to fix Tengku Adnan’s corruption trial dates on Aug 23
KUALA LUMPUR: The dates for the trial of the corruption cases involving former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor and businessman Datuk Tan Eng Boon will be determined on Aug 23.
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Investigation paper returned to police again
IPOH: The investigation paper on the alleged rape case involving a Perak state executive council member has been returned to the police for the second time for more details.
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Gang pulls off RM1mil jewellery heist by using lorry to ram car
Four masked men armed with machetes made off with about RM1mil worth of jewellery after ramming a two-car convoy carrying the goods with a lorry on Monday morning.
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Is corporate Malaysia ready for new laws against bribery?
PETALING JAYA: Businesses in Malaysia have less than a year to comply with the legal anti-bribery provisions of the Malaysian Anti-Corruption Commission (MACC) Act, but concerns have risen on the readiness and awareness of commercial organisations, especially small-scale businesses.
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Sabah govt approves RM1mil allocation to develop rural entrepreneur centres in three districts
KOTA KINABALU: The Sabah Rural Development Ministry has allocated RM1mil to develop rural entrepreneurs centres in three districts in the state.
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Stop bickering, Sabahans told
TAMBUNAN: Quarrels over religion and race are a waste of time as it will not benefit Sabahans, says Datuk Seri Mohd Shafie Apdal.
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Don’t politicise funding from govt, priest tells parishioners
KOTA KINABALU: A priest at the St Theresa’s Holy Church in Sabah’s Tambunan district urged his parishioners to find positivity in all aspects of their lives.
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Church grateful for RM1mil allocation from Sabah govt
KOTA KINABALU: A priest at the St Theresa's church in Sabah's interior Tambunan district is grateful for the RM1mil allocation from the state government.
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Shafie: Quarrels over race and religion are a waste of time
TAMBUNAN: Quarrels over religion and race are a waste of time and will not bring any benefit for Sabahans, says Chief Minister Datuk Seri Mohd Shafie Apdal said.
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Tourist group from Johor wins RM3mil after buying Big Sweep Draw tickets in Ipoh
PETALING JAYA: Five tourists from Johor won RM3,003,100 after they bought Big Sweep Draw tickets from a blind ticket seller while on holiday in Ipoh.
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Kenanga maintains underperform on Hua Yang, TP at 33.5 sen
KUALA LUMPUR: Kenanga research maintained underperform on Hua Yang Bhd with an unchanged target price of 33.5 sen as it deemed its 1Q20 core net profit of RM3.7mil broad in line with expectations.
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PLUS seeking to go cashless at all its rest areas
GEORGE TOWN: PLUS Malaysia Bhd is targeting for all its rest and service areas (RSAs) in the country to go cashless by end-2020.
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Ministry allocates RM1mil for Pasir Pinji market consultation fee, rebuild cost RM11mil
IPOH: The Housing and Local Government Ministry has announced an allocation of RM1mil for the consultation fee of Pasir Pinji market in Ipoh.
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PLUS aims to go cashless at all its rest areas
GEORGE TOWN: PLUS Malaysia Bhd is targeting for all its rest and service areas (RSAs) in the country to go cashless by end-2020 .
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Ekovest MD donates RM1mil for school at mum’s birthday do
KUALA LUMPUR: Ekovest Bhd’s managing director Tan Sri Lim Keng Cheng has donated RM1mil to Chong Hwa Independent High School while celebrating his mother’s 80th birthday together with celebrities from the business, education and political world.
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Why buy unsuitable gas detectors for Pasir Gudang, asks Wanita MCA
PETALING JAYA: The Johor state govt must explain the purchase of multi-gas detectors said to be unsuitable for use that have been distributed to 111 schools as the purchase cost more than RM1mil of taxpayers' money, says Wanita MCA central committee member Chan San San.
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Return of baby with rare tumour to Malaysia postponed, says mother
PETALING JAYA - The return journey for baby Ainul Mardhiah from London after her successful surgery for a Germ Cell Tumour will be delayed for the time being.
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Return of baby Ainul Mardhiah to Malaysia postponed, says mother
PETALING JAYA: The return journey for baby Ainul Mardhiah from London after her successful surgery for a Germ Cell Tumour will be delayed for the time being.
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Baby Ainul is coming home
PETALING JAYA: Preparations are underway to bring baby Ainul Mardhiah Ahmad Safiuddin, who was diagnosed with Germ Cell Tumour, home to Malaysia.
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Ainul to return home with parents from London
PETALING JAYA: Preparations are being made for Ainul Mardhiah Ahmad Safiuddin, who was diagnosed with rare germ cell tumour, to return to Malaysia.
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Riza claims trial to charges
KUALA LUMPUR: Just a year after Datuk Seri Najib Razak first app­eared in court over 1Malaysia Development Bhd (1MBD)-related offences, his film producer stepson Riza Shahriz Abdul Aziz answered to charges of his own over money laundering totalling US$248.173mil (RM1.02bil).
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Foreign vessels fishing in M'sian water to be sunk
KUALA LUMPUR: Foreign fishing vessels found guilty of encroaching into Malaysian waters will be sunk, says Agriculture and Agro-based Industry Minister Datuk Salahuddin Ayub.
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Ku Nan's RM2mil bribery trial begins
KUALA LUMPUR (Bernama): The six-day trial of former Federal Territories Minister Datuk Seri Tengku Adnan Tengku Mansor, who was charged with accepting an RM2mil bribe from businessman Tan Sri Chai Kin Kong, begins Tuesday (July 2) at the High Court here.
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Ku Nan's RM2mil corruption trial begins Tuesday (July 2), four witnesses expected on day one
KUALA LUMPUR (Bernama): Datuk Seri Tengku Adnan Tengku Mansor’s trial on a charge of receiving a RM2mil bribe from businessman Tan Sri Chai Kin Kong will begin at the High Court here Tuesday (July 2), with four witnesses expected to testify on the first day.
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We returned RM1mil linked to 1MDB funds, says Upko
KOTA KINABALU: Sabah Parti Upko returned the RM1mil it received from former prime minister Datuk Seri Najib Razak’s account that has been linked to the 1MDB scandal.
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Tangau: Upko gave back RM1mil linked to 1MDB funds
KOTA KINABALU: Upko has returned the RM1mil linked to the missing 1Malaysia Development Berhad (1MDB) funds.
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MMIS to raise RM5m from listing on LEAP Market
KUALA LUMPUR: MMIS Bhd, which makes precision engineering parts for the semiconductor industry, seeks to raise RM5mil from its proposed listing on the LEAP Market of Bursa Malaysia Securities.
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E-bid for Federal Territory JPJs
PUTRAJAYA: The Road Transport Department (JPJ) will fully implement the online bidding system in the Federal Territories after successfully collecting RM1.31mil for the “VDN” plate series.
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Wilayah JPJ switches to full online bidding after 'VDN' plates net RM1.3mil
Shaharuddin (centre) and other JPJ officers showing the popular VDN plate numbers that were snapped up.
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Full online bidding for Wilayah JPJ after 'VDN' plates net RM1.3mil
PUTRAJAYA: The Road Transport Department (JPJ) will fully implement the online bidding system in the Federal Territories after successfully collecting RM1.31mil for the "VDN" licence plate series.
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Scomnet warrants to be listed Friday
PETALING JAYA: Medical cable company Supercomnet Technologies Bhd’s (Scomnet) additional 214,332,839 new warrants issued following the bonus issue of warrants will be admitted to the official list of Bursa Securities with effect from 9am on Friday.
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Engineer gives RM1mil to set up pangolin sanctuary
KOTA KINABALU: The Sabah Pango­lin Sanctuary and Research Institute (Sapsari), to be based in Tawau, received RM1mil from retired Malaysia-born, US-­based engineer Peter Chan who first mooted the idea for the institute.
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US-based founder of pangolin research centre, sanctuary needs public help
KOTA KINABALU: Animal loving engineer Peter Chan has come to Sabah to initiate the setting up of a pangolin research centre and sanctuary, but he would need the public’s assistance to keep the programme afloat.
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Negri fair to offer RM756mil worth of properties
SEREMBAN: Properties worth a total of RM756mil will be up for grabs at the Negri Sembilan Mapex-Home Ownership Campaign to be held here for three days starting this Friday (June 28).
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Sabah Wildlife Dept gets three 4WDs for animal rescue ops
KOTA KINABALU: The Sabah Wildlife Department (SWD) has received three four-wheel-drive vehicles from a UK-based non-governmental organisation to help with its Wildlife Rescue Unit (WRU) operations.
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Named in 1MDB civil forfeiture, Sabah Umno, PBRS agree to cooperate
KOTA KINABALU: Two Sabah political entities, which are among the 41 respondents in a civil forfeiture suit to recover RM270mil related to 1Malaysia Development Bhd (1MDB), have expressed readiness to cooperate.
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Two more health facilities get timely revival
SEREMBAN: First, it was the Negri Sembilan Chinese Maternity Hospital (NSCMH). Now Datuk Lee Tian Hock has once again come forward to help save two other health facilities in the state – the Mawar Haemodialysis Centre (MHC), once reputed to be the country’s largest, and the Mawar Medical Centre (MMC) – whose operating licenses were revoked by the Health Ministry earlier this year.
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Video recordings by public help police solve crime
GEORGE TOWN: Police relied on footage of 35 videos that went viral on social media to solve crimes in the last five months.
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Keen interest in headscarves rakes lucrative income
HOLDING a key post at a leading property developer in Johor did not hinder her from pursuing her dream of becoming a successful entrepreneur, and the success of her boutique, DHamizah by Bawal Exclusive, is a proof of that.
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Taiping folk baffled over decision
TAIPING: People in Taiping are surprised that a new block of a Chinese primary school in Simpang near here is named after Dewan Rakyat Deputy Speaker Nga Kor Ming.
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Prosecution may call 30 witnesses for Tengku Adnan trial
KUALA LUMPUR: The prosecution will call about 30 witnesses to testify in the corruption case of former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor on Sept 3 at the High Court.
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Police crack high-tech car theft case in Sabah
KOTA KINABALU: A gang of tech-savvy car thieves has been busted following a series of thefts that resulted in nearly RM1mil in losses.
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Car theft gang busted following four arrests
KOTA KINABALU: A gang of tech savvy car thieves have been busted following a series of thefts amounting to about RM1mil around the city over the past few weeks.
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Pastor to pull rickshaw from Penang to KL
GEORGE TOWN: A 60-year-old Pastor is hoping to pull a 65kg steel rickshaw from the Penang island to Kuala Lumpur – all for a good cause.
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Childhood friend treated him like a blank cheque
KUALA LUMPUR: A 26-year-old man paid a heavy price for being too trusting – in this case, in a childhood friend. As a result, he was cheated of more than RM3mil over fake honorary titles and “police affiliations”.
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Man cheated out of more than RM3mil by childhood friend
KUALA LUMPUR: A 26-year-old man was cheated out of more than RM3mil over fake honorary titles and police affiliations by a childhood friend.
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Illegal livestock worth RM1mil held at Kelantan-Thai border in ops
PASIR MAS: The General Operations Force (PGA) has seized livestock including cattle, goats, sheep and buffaloes, all worth almost RM1mil, at the border of Kelantan and Thailand.
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Contraband cigs worth RM455,000 seized in Beluran
KOTA KINABALU: Eastern Sabah Security Command (Esscom) foiled an attempt to smuggle 84,500 packets of contraband cigarettes worth RM455,000 at Beluran on Sunday, a day after seizing 3,500 packets of such contraband in Tawau.
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Contraband cigarettes worth half-a-million ringgit seized in Beluran
KOTA KINABALU: The Eastern Sabah Security Command (Esscom) foiled an attempt to smuggle in 84,500 packets of contraband cigarettes worth RM455,000 at Beluran on Sunday (May 19), a day after seizing 3,500 contraband cigarettes in Tawau.
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Getting tough on polluters
EXCLUSIVE: Stiffer penalties of up to a RM5mil fine will be imposed for environmental offences under a new Act that is currently being drafted.
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Hefty penalty for poachers
PETALING JAYA: The Kuala Terengganu Sessions Court has slapped a fine of RM1.56mil each on two Vietnamese nationals who were caught poaching.
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Poachers fined RM1.56mil, the biggest yet for wildlife crime
PETALING JAYA: The Kuala Terengganu Sessions Court has meted out a whopping RM1.56mil fine on two Vietnamese nationals caught poaching, making it the biggest fine ever imposed for wildlife crime.
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Stop imposing RPGT on assets after 10 years, MCA tells govt
SEREMBAN: MCA has proposed that the government stop imposing the real property gains tax (RPGT) on assets disposed after 10 years of acquisition.
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YaPEIM will not misuse funds under Pakatan, says Fuziah
KUANTAN: The Malaysia Islamic Economic Development Foundation (YaPEIM) under the Pakatan Harapan administration will not misuse funds, says Deputy Minister in the Prime Minister's Department Fuziah Salleh.
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DBKL officer remanded over bribery claims
PUTRAJAYA: A Kuala Lumpur City Hall (DBKL) senior official has been remanded for four days to assist in investigations into allegations of bribery involving RM200,000.
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Monspace directors charged with promoting pyramid scheme
KUALA LUMPUR: Three directors of investment company Monspace, including a Datuk Seri, were hauled to the Sessions Court here for allegedly conducting a direct sales business without a licence.
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Cops bust Macau scam ring after Klang Valley raids, mastermind nabbed
SHAH ALAM: A local Macau scam syndicate was busted when 16 people including the mastermind were nabbed by police in Serdang.
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Six plead not guilty to robbing RM1mil in jewellery from goldsmith
KUALA LUMPUR (Bernama): Six men pleaded not guilty at the Sessions Court here Tuesday (May 7) to a charge of robbing jewellery worth more than RM1mil from a goldsmith's shop last month.
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Petra Energy posts RM1.7mil profit in Q1
KUALA LUMPUR: Oil and gas contractor Petra Energy Bhd said higher work order flow and increased vessel utilisation rate boosted its profits in the first quarter.
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Witness in Najib's SRC trial says he was pressured to complete working paper for KWAP
KUALA LUMPUR (Bernama): A witness in the trial of Datuk Seri Najib Razak told the High Court here that he was under pressure while preparing an investment working paper for Retirement Fund Incorporated (KWAP) in regard to a RM4bil loan for SRC International Sdn Bhd.
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SRC trial: EPU rejected 1MDB application for RM3bil grant
The High Court was told that 1Malaysia Development Bhd (1MDB) asked for a RM3bil grant from the Economic Planning Unit (EPU) to set up its subsidiary SRC International Sdn Bhd, but failed to secure th...
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Govt paid Najib RM1mil in special golden handshake
KUALA LUMPUR: Former prime minister Datuk Seri Najib Razak was paid over RM1mil in a special golden handshake payment by the government in May last year, the High Court heard.
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Najib's 1MDB hearing postponed to Aug 19
KUALA LUMPUR: The hearing for 1Malaysia Development Bhd (1MDB) corruption case involving former prime minister Datuk Seri Najib Razak and RM2.28bil at the High Court here has been postponed for the second time to give way to the hearing of his SRC International case.
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SRC trial: Events firm owner received RM1mil from Najib for 1Malaysia programmes
KUALA LUMPUR: Event organising firm Solar Shine Sdn Bhd received a RM1mil cheque from Datuk Seri Najib Razak in 2015 for the promotion of the 1Malaysia programme nationwide.
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We are coming for you, Xavier tells poachers as minimum penalty set to be increased
DENGKIL: The amendment to the Wildlife Conservation Act 2010 will increase the minimum penalty for poachers to a RM1mil fine and five years in jail, says Water, Land and Natural Resources Minister Dr Xavier Jayakumar.
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Govt to study discrepancy in property valuations between public and private sectors
KAJANG: The government will look into narrowing the differences between property valuations done by the public and private sectors, says Lim Guan Eng.
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