Provides the latest RSS feeds for Malaysia News. For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Kuala Lumpur News.net http://www.kualalumpurnews.net/index.php/cat/48cba686fe041718/ en-us Thu, 23 May 2013 09:23:03 -0400 Thu, 23 May 2013 09:23:03 -0400 30 A former Malaysian Indian lawyer and three others were sentenced to death Thursday in the high profile murders of a Malaysian businesswoman and three others in 2010. The high court in Shah Alam, the capital of the Malaysian state of Selangor, sentenced former lawyer N. Pathmanabhan, 43, and farm hands T. Thilayalagan, 21, R. Matan, 22, and R. Kathavarayan, 33, for the murders of cosmetics ... http://www.kualalumpurnews.net/index.php/sid/214713019/scat/48cba686fe041718 Thu, 23 May 2013 08:00:01 -0400 http://www.kualalumpurnews.net/index.php/sid/214713019/scat/48cba686fe041718 The death of a 32-year-old Indian-origin man while in police custody in Malaysia has now been classified as a murder. N. Dharmendran had died Tuesday while he was in a lock-up at the Kuala Lumpur police headquarters. According to city police chief Mohmad Salleh, the post-mortem report showed that Dharmendran might have been murdered while in police custody, local media reported Thursday. "The ... http://www.kualalumpurnews.net/index.php/sid/214712152/scat/48cba686fe041718 Thu, 23 May 2013 07:40:01 -0400 http://www.kualalumpurnews.net/index.php/sid/214712152/scat/48cba686fe041718 's earnings rose 3.6% to RM127.27mil in the first quarter ended March 31, 2013 from RM122.77mil a year ago. It said on Thursday the group's profit after tax and minority interests (PATAMI) increased by 3% on-year to RM113.7mil. However, if exceptional items were excluded, it increased by 18% on-year to RM119.9mil from RM101.8mil. IHH explained this was due to growth in earnings before ... http://www.kualalumpurnews.net/index.php/sid/214712793/scat/48cba686fe041718 Thu, 23 May 2013 07:26:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214712793/scat/48cba686fe041718 said there was no merit in the appeal. "Allegation that the charge is against public policy is not grounded in evidence," he said. Justice Apandi ordered the trial to proceed expeditiously as he said it was a case of public interest. The case has been fixed for mention at the Sessions Court in Shah Alam on June 10. At the hearing of the appeal Thursday, Rafizi's counsel R. Sivarasa ... http://www.kualalumpurnews.net/index.php/sid/214712794/scat/48cba686fe041718 Thu, 23 May 2013 07:26:32 -0400 http://www.kualalumpurnews.net/index.php/sid/214712794/scat/48cba686fe041718 KUALA LUMPUR: A study on the redelineation of electoral constituencies, which was postponed two years ago, will begin soon, said Election Commission (EC) ... http://www.kualalumpurnews.net/index.php/sid/214712795/scat/48cba686fe041718 Thu, 23 May 2013 07:26:31 -0400 http://www.kualalumpurnews.net/index.php/sid/214712795/scat/48cba686fe041718 PETALING JAYA: The crowd is building up around the Dataran Petaling Jaya area as people gather to attend the Perhimpunan Kesyukuran DAP (Thanksgiving Rally), which is scheduled to begin at 7pm Thursday. The rally organisers had given the police the due 10-day notice to hold the gathering. Police have advised motorists to avoid all roads surrounding the area. Jalan Barat and Jalan Sultan leading ... http://www.kualalumpurnews.net/index.php/sid/214712796/scat/48cba686fe041718 Thu, 23 May 2013 07:26:30 -0400 http://www.kualalumpurnews.net/index.php/sid/214712796/scat/48cba686fe041718 BEIJING, 23 Mei (Bernama) -- Malaysia terus menjadi rakan dagang terunggul China dalam Asean, dengan peningkatan perdagangan dua hala sebanyak 23.9 peratus tahun ke tahun antara kedua-dua negara kepada US$33.88 bilion (RM102.21 bilion) dalam suku pertama tahun ini. Eksport Malaysia ke China dari Januari hingga April tahun ini bertambah 7.3 peratus, manakala import dari China bertambah 55.8 ... http://www.kualalumpurnews.net/index.php/sid/214712797/scat/48cba686fe041718 Thu, 23 May 2013 07:21:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214712797/scat/48cba686fe041718 's earnings fell 3.7% to RM237.09mil in the first quarter ended March 31, 2013 from RM246.21mil a year ago due to lower margins despite revenue had increased. It said on Thursday its revenue, however, was up 11.2% to RM7.619bil from RM6.852mil. Earnings per share were 23.90 sen compared with 24.80. It declared an interim dividend of 17.5 sen per share. The group's profit before taxation ... http://www.kualalumpurnews.net/index.php/sid/214711579/scat/48cba686fe041718 Thu, 23 May 2013 06:15:50 -0400 http://www.kualalumpurnews.net/index.php/sid/214711579/scat/48cba686fe041718 KUALA LUMPUR: Malaysia's FBM KLCI closed down 0.61% on Thursday as investors were spooked by the sharp pullback in Japan's markets, triggered by worries about the US Federal Reserve's monetary stimulus and weak Chinese factory data. At 5pm, the KLCI was down 10.82 points to 1,773.06, but off the intra-day low of 1,765.62. Turnover was 2.14 billion shares valued at RM2.96bil. ... http://www.kualalumpurnews.net/index.php/sid/214711580/scat/48cba686fe041718 Thu, 23 May 2013 06:15:49 -0400 http://www.kualalumpurnews.net/index.php/sid/214711580/scat/48cba686fe041718 has urged those with evidence of impropriety in the electoral roll to contact his office directly to get to the bottom of the issue. He said he is open to working with organisations such as the Centre for Public Policy Studies (CPPS) and the Institute for Democracy and Economic Affairs (Ideas) to get to the bottom of such allegations. "I welcome any grouses and complaints. If it is true and ... http://www.kualalumpurnews.net/index.php/sid/214711581/scat/48cba686fe041718 Thu, 23 May 2013 06:15:47 -0400 http://www.kualalumpurnews.net/index.php/sid/214711581/scat/48cba686fe041718 KUALA LUMPUR | Thu May 23, 2013 6:15am EDT KUALA LUMPUR May 23 (Reuters) - Malaysia's IHH Healthcare Bhd, the world's second-largest listed private healthcare provider by market value, posted a 3.67 percent rise in first-quarter profit, driven by core earnings growth and lower finance costs. IHH earned 127.27 million ringgit ($42.12 million) in the three months that ended in ... http://www.kualalumpurnews.net/index.php/sid/214712667/scat/48cba686fe041718 Thu, 23 May 2013 06:15:39 -0400 http://www.kualalumpurnews.net/index.php/sid/214712667/scat/48cba686fe041718 Malaysian student activist Adam Adli is released on bail after being charged for sedition in Kuala Lumpur. Three prominent anti-government figures were also arrested. Photograph: Vincent ... http://www.kualalumpurnews.net/index.php/sid/214711378/scat/48cba686fe041718 Thu, 23 May 2013 06:04:15 -0400 http://www.kualalumpurnews.net/index.php/sid/214711378/scat/48cba686fe041718 Malayan Banking Bhd (1155.KU), Malaysia's largest lender by assets, said Thursday that first-quarter net profit grew 12% from a year earlier on the back of higher net interest income as well as robust Islamic banking performance, adding that it expects a pick-up in business momentum in key markets due to stronger loan growth.Net profit for the three months ended March was 1.51 billion ... http://www.kualalumpurnews.net/index.php/sid/214711155/scat/48cba686fe041718 Thu, 23 May 2013 06:04:06 -0400 http://www.kualalumpurnews.net/index.php/sid/214711155/scat/48cba686fe041718 Malaysia's opposition leader Anwar Ibrahim delivers his speech during a rally in protest of the Sunday's election results at a stadium in Kelana Jaya, outside Kuala Lumpur May 8, ... http://www.kualalumpurnews.net/index.php/sid/214711136/scat/48cba686fe041718 Thu, 23 May 2013 06:03:25 -0400 http://www.kualalumpurnews.net/index.php/sid/214711136/scat/48cba686fe041718 Reset PETALING JAYA (May 23): The opposition needs to carry out solid groundwork, offers the right message and provides good leadership at the state level if they want to make inroads into the rural areas of Sabah and Sarawak, said two Universiti Malaysia Sarawak (Unimas) lecturers. They must also focus on empowering the people in the rural areas, Dr Faisal Hazis and Dr Arnold Puyok, both ... http://www.kualalumpurnews.net/index.php/sid/214710648/scat/48cba686fe041718 Thu, 23 May 2013 05:24:20 -0400 http://www.kualalumpurnews.net/index.php/sid/214710648/scat/48cba686fe041718 BEIJING (May 23): Malaysia continues to be China's top trading partner in Asean, with bilateral trade between both countries hitting US$33.88 billion (RM102.21 billion) in the first quarter of this year, up 23.9 per cent ... http://www.kualalumpurnews.net/index.php/sid/214710649/scat/48cba686fe041718 Thu, 23 May 2013 05:08:15 -0400 http://www.kualalumpurnews.net/index.php/sid/214710649/scat/48cba686fe041718 , plans to plant at least 5,000ha of new oil palm trees every year in its Kalimantan as it targets to double the size of its plantations to 70,000ha. ... http://www.kualalumpurnews.net/index.php/sid/214710651/scat/48cba686fe041718 Thu, 23 May 2013 05:07:49 -0400 http://www.kualalumpurnews.net/index.php/sid/214710651/scat/48cba686fe041718 has partnered with Singapore's Hiap Seng Engineering to undertake the multi-billion ringgit Petronas Rapid Tank Project in Pengerang, Johor. KUB said on Thursday its ... http://www.kualalumpurnews.net/index.php/sid/214710650/scat/48cba686fe041718 Thu, 23 May 2013 05:07:49 -0400 http://www.kualalumpurnews.net/index.php/sid/214710650/scat/48cba686fe041718 , 65, told the court on Thursday. He said he could not remember the exact date when they appointed the new consultant but it was several months after Shamsubahrin was charged, even though he remained a consultant with NFCorp. "All along, we believed Shamsubahrin 100 percent and paid him for the consultancy services as he had told us that he was sent by ... http://www.kualalumpurnews.net/index.php/sid/214710652/scat/48cba686fe041718 Thu, 23 May 2013 05:07:46 -0400 http://www.kualalumpurnews.net/index.php/sid/214710652/scat/48cba686fe041718 PUTRAJAYA: The Home Ministry has seized copies of tabloids published by the Opposition parties as they were allegedly circulated to non-members. They were confiscated for having violated a condition provided under the Printing Presses and Publications Act 1984 (Amendment) 2012, the ministry said. Section 5 of the Act limits the circulation of the publications to members only. "The ministry, ... http://www.kualalumpurnews.net/index.php/sid/214710653/scat/48cba686fe041718 Thu, 23 May 2013 05:07:45 -0400 http://www.kualalumpurnews.net/index.php/sid/214710653/scat/48cba686fe041718 Anwar Ibrahim 's party condemned the arrest today of two government critics for sedition less than three weeks after Prime Minister Najib Razak's ruling coalition won re-election. The detention of Tian Chua, vice president of Anwar's People's Justice Party, and another Najib opponent follows the arrest last week of student activist Adam Adli, party spokesman Nik Nazmi ... http://www.kualalumpurnews.net/index.php/sid/214710654/scat/48cba686fe041718 Thu, 23 May 2013 05:03:03 -0400 http://www.kualalumpurnews.net/index.php/sid/214710654/scat/48cba686fe041718 Obama will say Thursday. The president will also announce new limits to unmanned combat drone strikes, the officials said of the program that has been central to White House efforts to combat terrorism. Obama's 2 p.m. speech at the Defense Department's National Defense University in Washington will lay out how he intends to bring his counter-terrorism policies in line with the legal ... http://www.kualalumpurnews.net/index.php/sid/214710530/scat/48cba686fe041718 Thu, 23 May 2013 04:46:04 -0400 http://www.kualalumpurnews.net/index.php/sid/214710530/scat/48cba686fe041718 KUALA LUMPUR: Malaysia's FBM KLCI fell to a low of 1,765 in mid-afternoon trade on Thursday as investors were rattled by the plunge in Japan's markets and fall in Hong Kong. At 2.44pm, it was down 13.30 points to 1,770.58. Turnover was 1.23 billion shares valued at RM1.44bil. There were 134 gainers, 701 losers and 219 counters unchanged. Bloomberg reported Japan's Topix index ... http://www.kualalumpurnews.net/index.php/sid/214709498/scat/48cba686fe041718 Thu, 23 May 2013 03:57:48 -0400 http://www.kualalumpurnews.net/index.php/sid/214709498/scat/48cba686fe041718 told the Royal Commission of Inquiry. He said the Feb 9 Tanduo intrusion in Lahad Datu was a clear example of the security risks involved with the presence of such a large group of migrants as the intruders received support from them. "The security implication of foreign migrants is the intrusion which had a deep impact, not only to security personnel, but to the people of Sabah," said ... http://www.kualalumpurnews.net/index.php/sid/214709499/scat/48cba686fe041718 Thu, 23 May 2013 03:57:46 -0400 http://www.kualalumpurnews.net/index.php/sid/214709499/scat/48cba686fe041718 said on Thursday. "We will coordinate the filing of the petitions with DAP and PAS, our allies in the Pakatan," he told Bernama. Electoral candidates and political parties have 21 days from today to file the petitions. This follows the gazetting of the election results on Wednesday by the Election Commission. PKR won 30 of the 89 parliamentary seats secured by Pakatan Rakyat in the ... http://www.kualalumpurnews.net/index.php/sid/214709500/scat/48cba686fe041718 Thu, 23 May 2013 03:57:45 -0400 http://www.kualalumpurnews.net/index.php/sid/214709500/scat/48cba686fe041718 KUALA LUMPUR, Malaysia - Prosecutors in Malaysia are pursuing rape charges against a 40-year-old man who allegedly had sex with a 13-year-old girl and then married her. Restaurant manager Riduan Masmud was charged with committing statutory rape in a parked car in Borneo in February, but the man has defended his actions by saying he since married the girl. Rights activists have long criticized ... http://www.kualalumpurnews.net/index.php/sid/214709168/scat/48cba686fe041718 Thu, 23 May 2013 03:42:58 -0400 http://www.kualalumpurnews.net/index.php/sid/214709168/scat/48cba686fe041718 Sandakan: Habitat loss and poaching have led to a decline of up to 30 per cent of the Malayan sun bear population in the last three decades, according to the Bornean Sun Bear Conservation Centre (BSBCC). In Borneo, this smallest of the world's eight bear species is also seeing a drop in numbers following their illegal capture for the pet trade and when they are wrongly perceived as pests ... http://www.kualalumpurnews.net/index.php/sid/214709505/scat/48cba686fe041718 Thu, 23 May 2013 03:31:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214709505/scat/48cba686fe041718 Printer Friendly Kuala Lumpur: Newly appointed Defence Minister Datuk Seri Hishammuddin Tun Hussein said he would give priority to the welfare of soldiers stationed in seven battalions in the Sabah East Coast Special Security Area (Esscom) and the Eastern Sabah Security Zone (Esszone). "Our promise to Sabahans to give priority to Esscom and Esszone is not a problem to me because former ... http://www.kualalumpurnews.net/index.php/sid/214709503/scat/48cba686fe041718 Thu, 23 May 2013 03:31:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214709503/scat/48cba686fe041718 Printer Friendly Kuala Lumpur: National Feedlot Corporation (NFC) former director Datuk Seri Dr Mohamad Salleh Ismail (pic) told the Sessions Court Wednesday that he had verbally agreed to pay businessman Datuk Shamsubahrin Ismail RM2.75 million for a year's worth of advisory and consulting services. Responding to Malaysian Anti-Corruption Commission (MACC) prosecution chief, Datuk Abdul ... http://www.kualalumpurnews.net/index.php/sid/214709504/scat/48cba686fe041718 Thu, 23 May 2013 03:31:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214709504/scat/48cba686fe041718 Printer Friendly Kuala Lumpur: The retail price of RON97 petrol nationwide was reduced by 20 sen per litre to RM2.70 per litre from RM2.90 per litre effective Wednesday night. This was confirmed by Domestic Trade, Cooperatives and Consumerism Minister Datuk Hassan Malek. The price of RON97 petrol was last reviewed in March 2013 and was at the RM3 per litre level in September 2012. The retail ... http://www.kualalumpurnews.net/index.php/sid/214709502/scat/48cba686fe041718 Thu, 23 May 2013 03:31:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214709502/scat/48cba686fe041718 Printer Friendly Putra Jaya: The prosecution will proceed with the case of a 13-year-old girl in Sabah who was allegedly raped by a 40-year-old restaurant manager. Attorney-General Tan Sri Abdul Gani Patail said the case was still ongoing and the Attorney-General's Chambers (AGC) had not dropped the matter. He also said there is a witness who is a friend of the underaged girl who sat in ... http://www.kualalumpurnews.net/index.php/sid/214709501/scat/48cba686fe041718 Thu, 23 May 2013 03:31:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214709501/scat/48cba686fe041718 Tawau: The Malaysian Maritime Enforcement Agency (APMM) confiscated 57 amara wood which was smuggled into Terumbu Tanduk near Sipadan island on Monday. APMM captain, Wan Mod Affandi Wan Ahmad said that a skipper and six crew who were Indonesians failed to show any identification documents or their boat permit. "After inspection, we found out that there were 57 amara wood and those on board ... http://www.kualalumpurnews.net/index.php/sid/214709506/scat/48cba686fe041718 Thu, 23 May 2013 03:31:10 -0400 http://www.kualalumpurnews.net/index.php/sid/214709506/scat/48cba686fe041718 Tawau: The Malaysian Fire and Rescue Department (JBPM) Tawau Zone received eight new assets, including two utility vehicles, to assist in the mission of turning the department into a high-performance organisation. Tawau Zone Fire Chief, Ismaidi Ismail, said they received eight units of new machinery distributed one each to Tawau, Semporna, Kunak and Lahad Datu. Meanwhile, two units each will be ... http://www.kualalumpurnews.net/index.php/sid/214709507/scat/48cba686fe041718 Thu, 23 May 2013 03:31:10 -0400 http://www.kualalumpurnews.net/index.php/sid/214709507/scat/48cba686fe041718 Kota Kinabalu: The Sabah Basketball Association Cup (Saba Cup) 2013 will be held at the DBKK Community Hall here from July 10 to 16. It will be organised by the Kota Kinabalu Basketball Association (KKBA), who took over the host job from Semporna due the Lahad Datu incident. Chen Ee Sheng from KKBA said due to security reasons, KKBA has been given the task to host the annual championship. ... http://www.kualalumpurnews.net/index.php/sid/214709508/scat/48cba686fe041718 Thu, 23 May 2013 03:31:10 -0400 http://www.kualalumpurnews.net/index.php/sid/214709508/scat/48cba686fe041718 A Malaysian student activist has been charged with sedition after he called for protests against the results of an election that the opposition says was ... http://www.kualalumpurnews.net/index.php/sid/214708310/scat/48cba686fe041718 Thu, 23 May 2013 03:05:41 -0400 http://www.kualalumpurnews.net/index.php/sid/214708310/scat/48cba686fe041718 BANGKOK ... http://www.kualalumpurnews.net/index.php/sid/214709015/scat/48cba686fe041718 Thu, 23 May 2013 02:52:46 -0400 http://www.kualalumpurnews.net/index.php/sid/214709015/scat/48cba686fe041718 Thu May 23, 2013 2:52am EDT * Banks line up first loss-absorbing bonds * Deals will test appetite for new style subordinated debt * Other lenders in Asia may follow template By Kit Yin Boey May 23 (IFR) - Malaysia is poised to host Asia's first public issue of loss-absorbing bank debt, so-called bail-in bonds, since the region began the transition to Basel III standards earlier this ... http://www.kualalumpurnews.net/index.php/sid/214709401/scat/48cba686fe041718 Thu, 23 May 2013 02:52:20 -0400 http://www.kualalumpurnews.net/index.php/sid/214709401/scat/48cba686fe041718 fell to a low of RM21.36 at midday on Thursday after its earnings fell 2.4% to RM209.6mil from a year ago and expected the weaker crude palm oil prices to weigh on its profits for the current financial year ending Sept 30, 2013. At 12.30pm, it was down 26 sen to RM21.44. There were 260,400 shares traded between RM21.36 and RM21.62. The share price had on Wednesday fallen 44 sen to RM21.30. At ... http://www.kualalumpurnews.net/index.php/sid/214708454/scat/48cba686fe041718 Thu, 23 May 2013 02:46:41 -0400 http://www.kualalumpurnews.net/index.php/sid/214708454/scat/48cba686fe041718 reported a turnaround in its financial performance, with earnings of RM300.42mil in the first quarter ended March 31, 2013 compared with net loss of RM469.82mil a year ago. It said on Thursday its revenue increased by 7.6% to RM2.379bil from RM2.209bil, while earnings per share were 6.70 sen compared with loss per share of 10.60 sen. It said the higher revenue was due to better performance by its ... http://www.kualalumpurnews.net/index.php/sid/214708453/scat/48cba686fe041718 Thu, 23 May 2013 02:46:41 -0400 http://www.kualalumpurnews.net/index.php/sid/214708453/scat/48cba686fe041718 PUTRAJAYA: In the impending expiry of the WYY series, the new vehicle registration plates would start with W1A and end with W999A (see chart above), ... http://www.kualalumpurnews.net/index.php/sid/214708455/scat/48cba686fe041718 Thu, 23 May 2013 02:46:38 -0400 http://www.kualalumpurnews.net/index.php/sid/214708455/scat/48cba686fe041718 KUCHING, Malaysia (AFP) - Despite earning a civil servant's salary for three decades, Taib Mahmud, the powerful chief minister of Malaysia's Sarawak state, is reputed by critics to be one of Asia's richest men.Taib, 77, and his family are accused of massive corruption and running Malaysia's largest state like a family business, controlling its biggest companies with stakes in ... http://www.kualalumpurnews.net/index.php/sid/214708456/scat/48cba686fe041718 Thu, 23 May 2013 02:41:49 -0400 http://www.kualalumpurnews.net/index.php/sid/214708456/scat/48cba686fe041718 KUALA LUMPUR, Malaysia (AP) -- Malaysian authorities detained two anti-government figures and charged a student activist with sedition Thursday, raising political tensions after recent national elections triggered claims of ... http://www.kualalumpurnews.net/index.php/sid/214708302/scat/48cba686fe041718 Thu, 23 May 2013 02:39:18 -0400 http://www.kualalumpurnews.net/index.php/sid/214708302/scat/48cba686fe041718 KUALA LUMPUR, Malaysia - Prosecutors filed a sedition charge Thursday against a student activist who had urged Malaysians to engage in street protests against the government over claims of election fraud. The National Front coalition, which has governed since 1957, won May 5 general elections with a weakened parliamentary majority. Opposition leaders insist the coalition retained power through ... http://www.kualalumpurnews.net/index.php/sid/214708457/scat/48cba686fe041718 Thu, 23 May 2013 02:32:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214708457/scat/48cba686fe041718 Reset PETALING JAYA (May 23): Selangor Barisan Nasional (BN) deputy chairman and former Agriculture and Agro-based Industry Minister Datuk Seri Noh Omar admitted to his party's failure in recapturing Selangor during the 13th general election and is willing to step down.According to a report in Utusan Malaysia, Noh said he will take responsibility over BN's dismal performance in Selangor ... http://www.kualalumpurnews.net/index.php/sid/214707520/scat/48cba686fe041718 Thu, 23 May 2013 01:55:59 -0400 http://www.kualalumpurnews.net/index.php/sid/214707520/scat/48cba686fe041718 Reset PUTRAJAYA (May 22): Street rallies and demonstrations have no effect on Malaysia's appeal as an international tourist destination as records have shown that the country continues to enjoy an increase in tourist receipts every year. Speaking to a press conference, newly minted Tourism and Culture Minister Datuk Seri Nazri Aziz said that the only time Malaysia's tourist industry ... http://www.kualalumpurnews.net/index.php/sid/214707521/scat/48cba686fe041718 Thu, 23 May 2013 01:55:45 -0400 http://www.kualalumpurnews.net/index.php/sid/214707521/scat/48cba686fe041718 reported a strong set of earnings, with net profit up 11.8% to RM1.506bil in the first quarter ended March 31, 2013 from RM1.346bil a year ago and was upbeat on its prospects. It said on Thursday its revenue increased 4.5% to RM8.230bil from RM7.872bil. Earnings per share were 17.8 sen compared with 17.63 sen a year ago. It expected its business momentum to pick up in the financial quarters due ... http://www.kualalumpurnews.net/index.php/sid/214707522/scat/48cba686fe041718 Thu, 23 May 2013 01:39:38 -0400 http://www.kualalumpurnews.net/index.php/sid/214707522/scat/48cba686fe041718 is positive on the domestic and export market while it keeps its eye on expanding its capacity. "We are confident on the demand from the domestic market driven by the ongoing implementation of projects under ... http://www.kualalumpurnews.net/index.php/sid/214707523/scat/48cba686fe041718 Thu, 23 May 2013 01:39:38 -0400 http://www.kualalumpurnews.net/index.php/sid/214707523/scat/48cba686fe041718 KUALA LUMPUR: Malaysia's blue chips took a breather in the morning trade on Thursday as investors were seen taking some money off the table, especially blue chips which had rallied since the 13th General Election. The fall on Bursa Malaysia was also due to the weaker sentiment in key regional markets of Japan and Hong Kong, where the Nikkei 225 fell 2.74% to 15,198.66 and 2.14% to 22,762.89. ... http://www.kualalumpurnews.net/index.php/sid/214707525/scat/48cba686fe041718 Thu, 23 May 2013 01:39:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214707525/scat/48cba686fe041718 for the five-year charter of five work barges and one workboat. The contract starts in July. "The vessels charter relates to the contract for the provision of hook-up, commissioning and topside maintenance services awarded ... http://www.kualalumpurnews.net/index.php/sid/214707524/scat/48cba686fe041718 Thu, 23 May 2013 01:39:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214707524/scat/48cba686fe041718 PUTRAJAYA: The Home Ministry has cautioned that action will be taken very soon against foreigners who overstayed or abused their travel or student visas. ... http://www.kualalumpurnews.net/index.php/sid/214707526/scat/48cba686fe041718 Thu, 23 May 2013 01:39:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214707526/scat/48cba686fe041718 KUALA LUMPUR: Student activist Adam Adli Abd Halim has pleaded not guilty to a charge of uttering seditious words during a talk. He is accused of committing the offence at the Kuala Lumpur and Selangor Chinese Assembly Hall in Jalan Maharaja Lela here between 8.55pm and 11.15pm on May 13. Adam Adli, who has been suspended from Universiti Pendidikan Sultan Idris (UPSI), bowed his head and ... http://www.kualalumpurnews.net/index.php/sid/214707527/scat/48cba686fe041718 Thu, 23 May 2013 01:39:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214707527/scat/48cba686fe041718 says he has been detained by police under Section 4(1) of the Sedition Act. He said in a tweet message that he was detained at the LCCT before going through the security check as he was to board a flight Thursday. He believed he is being taken to the Jinjang police station. Meanwhile, activist Haris Ibrahim was also picked up by police in connection with the May 13 forum which saw student ... http://www.kualalumpurnews.net/index.php/sid/214707528/scat/48cba686fe041718 Thu, 23 May 2013 01:39:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214707528/scat/48cba686fe041718 (32 mins ago) Prosecutors are pursuing rape charges against a 40-year-old Malaysian who allegedly had sex with a 13-year-old girl and then married her. Restaurant manager Riduan Masmud was charged with committing statutory rape in a parked car in Borneo in February, but his lawyer said he has since married the girl. Rights activists have long criticized Malaysian laws that allow very young ... http://www.kualalumpurnews.net/index.php/sid/214707530/scat/48cba686fe041718 Thu, 23 May 2013 01:33:02 -0400 http://www.kualalumpurnews.net/index.php/sid/214707530/scat/48cba686fe041718 said on Thursday the group would continue to grow its existing businesses of asset management and structured lending, more aggressively. She said ECM Libra also plans to set up a corporate finance advisory unit. "We are confident that we are able to show two consecutive quarters of profitability to Bursa Malaysia," she told reporters after its AGM on Thursday. Azlin also said the ... http://www.kualalumpurnews.net/index.php/sid/214706487/scat/48cba686fe041718 Thu, 23 May 2013 00:30:14 -0400 http://www.kualalumpurnews.net/index.php/sid/214706487/scat/48cba686fe041718 as it favours KPJ's solid long-term fundamentals. It also revised its fair value from RM7.14 to RM7.30. It said on Thursday KPJ was still trading at a 10%-15% discount to its regional healthcare peers and expects this valuation gap to narrow as the group focuses on its local presence and healthcare tourism expansion. RHB Research said KPJ's revenue rose 3.7% to RM545.1mil as ... http://www.kualalumpurnews.net/index.php/sid/214706488/scat/48cba686fe041718 Thu, 23 May 2013 00:30:13 -0400 http://www.kualalumpurnews.net/index.php/sid/214706488/scat/48cba686fe041718 BALIK PULAU: A Lembaga Tabung Haji top-level management official has denied committing khalwat (close proximity) with one of his staff members at the lower Syariah Court here on Thursday. Rozimin Ahamed Kamil, 46 and Nor Hamiza Ahmad, 35, claimed trial to the charge under section 27 (a) and 27 (b) of the Penang Syariah Offences Enactment 1996. They were alleged to have committed the offence at ... http://www.kualalumpurnews.net/index.php/sid/214706489/scat/48cba686fe041718 Thu, 23 May 2013 00:30:12 -0400 http://www.kualalumpurnews.net/index.php/sid/214706489/scat/48cba686fe041718 , Erni Dekritawati Yuliana Buhari, stayed away from the court room when the verdict on her mother's murder was delivered. "I didn't have the strength to be there. It was only when I knew the verdict that I became brave enough to show myself," said the 27-year-old, who has inherited her mother's business. Justice Akhtar Tahir found former lawyer N. Pathmanabhan, farm hands ... http://www.kualalumpurnews.net/index.php/sid/214706491/scat/48cba686fe041718 Thu, 23 May 2013 00:30:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214706491/scat/48cba686fe041718 is former lawyer N Pathmanabhan's inability to honour a cheque issued to her, Justice Akhtar Tahir said in his judgement. "Pathmanabhan testified that he appeared for both Sosilawati and (politician) Rahman Palil (a name mentioned during the defence trial) in the same deal and by doing so he was caught between the devil and the deep blue sea. "It was his (Pathmanabhan) testimony ... http://www.kualalumpurnews.net/index.php/sid/214706490/scat/48cba686fe041718 Thu, 23 May 2013 00:30:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214706490/scat/48cba686fe041718 's results were largely dragged down by weak performance at PT XL Axiata due to heightened competition and higher operating expenses, despite better performance at all the other operating countries. The research house said on-year, the Q1, 2013 net profit was down by 4.2% mainly from its Indonesian unit XL as well as its introduction of the SMS interconnection. On-quarter, net profit was up ... http://www.kualalumpurnews.net/index.php/sid/214705401/scat/48cba686fe041718 Wed, 22 May 2013 23:21:01 -0400 http://www.kualalumpurnews.net/index.php/sid/214705401/scat/48cba686fe041718 KUALA LUMPUR: Student activist Adam Adli Abd Halim has been charged with uttering seditious words at forum on May 13. Earlier, police beefed up their presence at the court complex here where supporters of Adam Adli have gathered to give their moral support to him. Some 40 policemen and 50 supporters have been at the court premises since 8am. More to come. Related ... http://www.kualalumpurnews.net/index.php/sid/214705402/scat/48cba686fe041718 Wed, 22 May 2013 23:21:00 -0400 http://www.kualalumpurnews.net/index.php/sid/214705402/scat/48cba686fe041718 The flash HSBC Purchasing Managers' Index (PMI) for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October. The final HSBC PMI stood at 50.4 in ... http://www.kualalumpurnews.net/index.php/sid/214705086/scat/48cba686fe041718 Wed, 22 May 2013 23:11:59 -0400 http://www.kualalumpurnews.net/index.php/sid/214705086/scat/48cba686fe041718 fell the most on Thursday morning, sliding 11.3% or 41 sen to RM3.21 after its financial results were below market expectations. At 9.54am, it was down 41 sen to RM3.21. There were 672,100 shares done. The FBM KLCI shed 0.52 of a point to 1,783.36. Turnover was 359.10 million shares valued at RM285.77mil. There were 196 gainers, 267 losers and 240 counters unchanged. On Wednesday, Deleum reported ... http://www.kualalumpurnews.net/index.php/sid/214704480/scat/48cba686fe041718 Wed, 22 May 2013 22:09:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214704480/scat/48cba686fe041718 's target price from RM2.29 to RM2.86 after raising its price-to-earnings (P/E) multiple to 10 times. "Despite a revision of our target price we see Uzma fairly valued at these levels, hence the maintaining of our Neutral call," it said on Thursday. The research house said Uzma's results for the first quarter ended March 31, 2013 were above its expectations and that of ... http://www.kualalumpurnews.net/index.php/sid/214704482/scat/48cba686fe041718 Wed, 22 May 2013 22:09:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214704482/scat/48cba686fe041718 as it awaits value creation from associates' listings and dividends. "The downside for this stock is limited in our view, given its strong balance sheet and value crystallisation from the upcoming listing of its associates - AirAsia Indonesia ... http://www.kualalumpurnews.net/index.php/sid/214704481/scat/48cba686fe041718 Wed, 22 May 2013 22:09:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214704481/scat/48cba686fe041718 (HDBSVR) expects profit-taking activity may drag down the Malaysian market's performance on Thursday. "The benchmark FBM KLCI will likely show a negative bias, as implied by an eight-point discount in the May futures contract vis-vis the current index level of 1,783.88," it said. HDBSVR said the US Federal Reserve chairman hinted that the central bank could begin winding down its ... http://www.kualalumpurnews.net/index.php/sid/214704484/scat/48cba686fe041718 Wed, 22 May 2013 22:09:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214704484/scat/48cba686fe041718 KUALA LUMPUR: Malaysia's FBM KLCI opened more than six points lower on Thursday on extended profit taking of key stocks like KL Kepong and banks, ahead of the extended weekend. At 9am, the KLCI was down 6.32 points to 1,777.56. Turnover was 28.62 million shares valued at RM19.92mil. There were 59 gainers, 84 losers and 126 counters unchanged. Stock market data showed foreign funds were net ... http://www.kualalumpurnews.net/index.php/sid/214704483/scat/48cba686fe041718 Wed, 22 May 2013 22:09:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214704483/scat/48cba686fe041718 and three others. Justice Akhtar Tahir will deliver his verdict in a short Thursday while since taking charge of the trial on July 4, 2011. His court room is packed with families of the accused persons and victims, media and lawyers. A total of 108 prosecution and 30 defence witnesses took the stand and 742 exhibits were tendered. Sosilawati, 47, her driver Kamaruddin Shamsuddin, 44, bank officer ... http://www.kualalumpurnews.net/index.php/sid/214704485/scat/48cba686fe041718 Wed, 22 May 2013 22:09:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214704485/scat/48cba686fe041718 Wed May 22, 2013 9:51pm EDT Shares in AirAsia Bhd, Southeast Asia's biggest budget airline by passenger traffic, were down in early trading on Thursday after the company's quarterly profit fell sharply. Late on Wednesday, the airline reported a 39.23 percent drop in first-quarter profit, hurt mainly by higher finance costs and a foreign exchange loss on borrowings. Kenanga Research said ... http://www.kualalumpurnews.net/index.php/sid/214705310/scat/48cba686fe041718 Wed, 22 May 2013 21:51:42 -0400 http://www.kualalumpurnews.net/index.php/sid/214705310/scat/48cba686fe041718 NEW YORK: Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting. Trading was volatile - the Dow and the S&P indexes both rose more than 1 percent during the morning, but fell more than 1 percent in the ... http://www.kualalumpurnews.net/index.php/sid/214703345/scat/48cba686fe041718 Wed, 22 May 2013 21:00:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214703345/scat/48cba686fe041718 Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market. --MARKET SNAP SHOT @ 14 GMT 00: ------ ------ ------ INSTRUMENT LAST PCT NET CHG CHG S&P 500 1,655.35 -0.83% -13.81 0 USD/JPY 103.43 0.27% 0.280 10-YR US TSY YLD 2.060 -- 0.023 SPOT GOLD $1,364.3 -0.30% ... http://www.kualalumpurnews.net/index.php/sid/214703346/scat/48cba686fe041718 Wed, 22 May 2013 20:55:57 -0400 http://www.kualalumpurnews.net/index.php/sid/214703346/scat/48cba686fe041718 The Canberra-based Summernats car festival is heading overseas with an event in Malaysia next month.In June the first Summernats Malaysia will be held alongside the popular Malaysian GT at Sepang.Summernats co-owner Andy Lopez says it will begin as a small event in Asia without the activities traditionally seen in the ACT around New Year's Day."This year is just an exhibition event. ... http://www.kualalumpurnews.net/index.php/sid/214703347/scat/48cba686fe041718 Wed, 22 May 2013 20:55:56 -0400 http://www.kualalumpurnews.net/index.php/sid/214703347/scat/48cba686fe041718 KUALA LUMPUR: The Syariah Court can annul the marriage between the 13-year-old girl in Sabah and the man accused of raping her even if they had been having sex after their marriage. SIS legal officer Kartina said that even if they had consummated the marriage, the court could annul it under Islamic Family Law in Sabah because of the consent factor. "It was reported that the girl's ... http://www.kualalumpurnews.net/index.php/sid/214702200/scat/48cba686fe041718 Wed, 22 May 2013 19:51:45 -0400 http://www.kualalumpurnews.net/index.php/sid/214702200/scat/48cba686fe041718 KUALA LUMPUR: The police force will have a new department which will formulate long-term strategies to prevent and reduce crime. The new Crime Prevention Department is expected to start at the end of the month, Inspector-General of ... http://www.kualalumpurnews.net/index.php/sid/214702199/scat/48cba686fe041718 Wed, 22 May 2013 19:51:45 -0400 http://www.kualalumpurnews.net/index.php/sid/214702199/scat/48cba686fe041718 . Sisters in Islam said it was a matter of public interest and it was incumbent on the civil and syariah legal systems to "ensure justice is served and seen to be served for all our children". "The decision to go ahead affirmed the position that statutory rape is a very serious matter that needs to be dealt with firmly by the law and that marriage is not exploited as a means to ... http://www.kualalumpurnews.net/index.php/sid/214702201/scat/48cba686fe041718 Wed, 22 May 2013 19:51:44 -0400 http://www.kualalumpurnews.net/index.php/sid/214702201/scat/48cba686fe041718 KOTA KINABALU: Events leading to the purported marriage of a 40-year-old restaurant manager to a 13-year-old girl here are being pieced together as prosecutors and law enforcers investigate why the teenager withdrew a rape report against the man. The Sessions Court here has given the prosecution till June 6 to decide whether they will proceed with the rape case, framed under Section 376 (1) of ... http://www.kualalumpurnews.net/index.php/sid/214702202/scat/48cba686fe041718 Wed, 22 May 2013 19:51:43 -0400 http://www.kualalumpurnews.net/index.php/sid/214702202/scat/48cba686fe041718 is scheduled to deliver the opening address at a landmark global gathering Women Deliver 2013 Conference at the Kuala Lumpur Convention Centre (KLCC) here next Tuesday. Malaysia is the first Asian country to be given the honour to host the global conference, which was previously held in London and Was­hington. According to a statement from the conference’s Malaysia Media ... http://www.kualalumpurnews.net/index.php/sid/214702203/scat/48cba686fe041718 Wed, 22 May 2013 19:51:41 -0400 http://www.kualalumpurnews.net/index.php/sid/214702203/scat/48cba686fe041718 , who will look into the East Sabah Security Command (Esscomm) and the Eastern Sabah Safety Zone (Esszone) as his first order of business. ';It is what we have promised the people of Sabah in which the Ess­comm and Esszone need to be in operation. ';It is something that both the Defence and Home Ministries – myself ... http://www.kualalumpurnews.net/index.php/sid/214702205/scat/48cba686fe041718 Wed, 22 May 2013 19:51:39 -0400 http://www.kualalumpurnews.net/index.php/sid/214702205/scat/48cba686fe041718 KUALA LUMPUR: Gerakan, which has decided not to hold any Federal Government position after its dismal showing in the general election, will look into the matter again following objections from within the party. The party's ... http://www.kualalumpurnews.net/index.php/sid/214702204/scat/48cba686fe041718 Wed, 22 May 2013 19:51:38 -0400 http://www.kualalumpurnews.net/index.php/sid/214702204/scat/48cba686fe041718 said. Following the gazetting of the results, electoral candidates and political parties dissatisfied with the outcome had 21 days to file their objections or petitions. "The 21-day period begins from May 23," he said in a statement yesterday. The petitions could be filed at the High Courts in the respective states, he added. EC ... http://www.kualalumpurnews.net/index.php/sid/214702206/scat/48cba686fe041718 Wed, 22 May 2013 19:51:38 -0400 http://www.kualalumpurnews.net/index.php/sid/214702206/scat/48cba686fe041718 PETALING JAYA: Without any hesitation, West Wong Woon Chieng mentally calculated and gave answers to additions of 10 two- and three-digit numbers. Media personnel using calculators to confirm his answers found that he got them all right except for one, which he managed to re-calculate correctly. ';We could not even type the numbers on our calculators fast enough, much less compete with the ... http://www.kualalumpurnews.net/index.php/sid/214702210/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214702210/scat/48cba686fe041718 is looking to invest RM3bil in capital expenditure (capex) this year, and hopes to reach a final investment decision (FID) on the expansion of its plant in Gebeng, Kuantan by year-end. "We are hoping to get the FID by year-end and the plant should be operational by ... http://www.kualalumpurnews.net/index.php/sid/214702209/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214702209/scat/48cba686fe041718 . "He was elected by delegates at an AGM and only an AGM can tell him to step down," he told reporters after a press conference on the Ninth Malaysia Festival of the Mind here yesterday. Asked about the 15 party elders who had asked Dr Chua to step down immediately following MCA's poor performance in the May 5 general election instead of waiting until party polls later this year, ... http://www.kualalumpurnews.net/index.php/sid/214702207/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214702207/scat/48cba686fe041718 said, as a result, there could be some cyclical effect on the consumption patterns of consumers ';for a while.'; ';But we expect it to normalise soon after,'; he said after a shareholders’ meeting. It had been reported recently that Malaysia should be able to rake in up to RM27bil in income if the GST was implemented at 7%, a rate similar to that of Singapore. However, ... http://www.kualalumpurnews.net/index.php/sid/214702211/scat/48cba686fe041718 Wed, 22 May 2013 19:51:37 -0400 http://www.kualalumpurnews.net/index.php/sid/214702211/scat/48cba686fe041718 said the political bureau had discussed the suggestion to put off party polls. "We just went through a big battle in the general election, and having the elections in November may be too soon as they take up a lot of time and energy. "There are views within the leadership to reconsolidate our support base and to close ranks first ... maybe that could be reason enough to postpone our ... http://www.kualalumpurnews.net/index.php/sid/214702208/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214702208/scat/48cba686fe041718 PETALING JAYA: Parti Sosialis Malaysia (PSM) is set to review its ties with Pakatan Rakyat after its losses in GE13 due to the alleged underhand tactics against their candidates. "The issue will be brought up for discussion at our annual congress on June 28. "We are leaving it to our members to decide if we should continue ties with Pakatan," ... http://www.kualalumpurnews.net/index.php/sid/214702213/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214702213/scat/48cba686fe041718 PETALING JAYA: The consumer price index (CPI) for April rose 1.7% to 106.3 from a year ago mainly due to a 3.8% increase in the food and non-alcoholic beverages index. For the January to April period, the index was up 1.5% to 106.1 on a year-on-year basis while compared with March, the index inched up 0.1%. ';The index for food and non-alcoholic beverages and non-food for April showed ... http://www.kualalumpurnews.net/index.php/sid/214702214/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214702214/scat/48cba686fe041718 's net profit for the first quarter ended March 31 slipped to RM99.9mil compared with RM144.6mil a year ago on lower crude palm oil (CPO) prices impacting its plantation division. However, group revenue soared to RM2.5bil from RM2.3bil last year. For the period under review, earnings per share was 9.7 sen while net assets per share stood at RM4.53. It has declared a dividend of 7.5 sen, ... http://www.kualalumpurnews.net/index.php/sid/214702212/scat/48cba686fe041718 Wed, 22 May 2013 19:51:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214702212/scat/48cba686fe041718 JOHOR BARU: The DAP accepts the outcome of the general election although it feels there are weaknesses in the electoral system, party adviser Lim Kit Siang said. "The election result shows that there are weaknesses in the country's democracy system. "However, DAP will continue to uphold the party's principles and fight for democracy through a peaceful manner," he told ... http://www.kualalumpurnews.net/index.php/sid/214702219/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214702219/scat/48cba686fe041718 KUALA LUMPUR: The Malaysian American Electronics Industry (MAEI) expects a 3% to 4% increase in total electrical and electronics (E&E) exports by its members to RM49bil this year. Semiconductor exports worth RM30bil would comprise the bulk of the total exports with the global electronics industry seeing positive growth in the second half of this year, it ... http://www.kualalumpurnews.net/index.php/sid/214702218/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214702218/scat/48cba686fe041718 , has set an indicative price of RM1.45 per share for an initial public offering (IPO) in Malaysia worth more than US$300mil (RM930mil), according to sources with knowledge of the deal. The company and its shareholders are offering 790.1 million shares, with 75% of the offering coming from new shares, according to the terms seen earlier. The deal is slated to be priced on June 24, with its debut ... http://www.kualalumpurnews.net/index.php/sid/214702216/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214702216/scat/48cba686fe041718 ALOR SETAR: The Opposition held their first mass rally here after the Barisan Nasional took back the Kedah state government from PAS in the just-concluded general election. PKR ... http://www.kualalumpurnews.net/index.php/sid/214702215/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214702215/scat/48cba686fe041718 last month might be linked to a luxury car smuggling syndicate. "The reports are just mere speculations," said city CID chief Senior Asst ... http://www.kualalumpurnews.net/index.php/sid/214702217/scat/48cba686fe041718 Wed, 22 May 2013 19:51:35 -0400 http://www.kualalumpurnews.net/index.php/sid/214702217/scat/48cba686fe041718 said the tender for the proposed new plant to be sited next to the group's clinker plant in Mambong near here would be called soon. "Fast track construction of the plant is expected to start end of the year and it will commence production in late 2015. "The plant will give us an additional one million tonnes per annum," he told StarBiz after the company AGM yesterday. CMS, ... http://www.kualalumpurnews.net/index.php/sid/214702220/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214702220/scat/48cba686fe041718 PETALING JAYA: Student activist Adam Adli Abd Halim is expected to be charged at the Sessions Court in Jalan Duta when his remand period ends today. City CID chief Senior Asst ... http://www.kualalumpurnews.net/index.php/sid/214702222/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214702222/scat/48cba686fe041718 will leverage on its new and fast-growing businesses to burnish its position as Malaysia’s top integrated media group. ';The Star is still the No 1 English paper in Malaysia, while The Star Online commands the largest audience among the local news portals. But expanding our digital presence is key. ';We are selling our content on a multimedia platform,'; executive director ... http://www.kualalumpurnews.net/index.php/sid/214702221/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214702221/scat/48cba686fe041718 KUALA LUMPUR: It is not impossible for students living in rural areas to be on par with their urban counterparts when equipped with the right ... http://www.kualalumpurnews.net/index.php/sid/214702223/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214702223/scat/48cba686fe041718 has reiterated that there are ';no plans at all'; for a management buyout (MBO) of the company. ';An MBO would be difficult as the MCA is governed by the central committee. Such a move would also have to go through an EGM and obtain the approval of the majority of members,'; he told reporters after the company AGM yesterday. Executive director and group chief ... http://www.kualalumpurnews.net/index.php/sid/214702224/scat/48cba686fe041718 Wed, 22 May 2013 19:51:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214702224/scat/48cba686fe041718 shares rose to a high of RM4.14 yesterday, following news flows of its strong first-quarter results. The shares rose to an intraday high of RM4.14 after the floating production, storage and offloading (FPSO) operator reported a 22% year-on-year increase in net profit to RM109.7mil on the back of increased activities in its FPSO, offshore support vessel, and transport and installation services ... http://www.kualalumpurnews.net/index.php/sid/214702227/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214702227/scat/48cba686fe041718 upping his stake in the company via the open market a few days ago. Yesterday, Scomi gained one sen or 2.41% to 42.5 sen, with 64.4 million shares being traded after filings with Bursa Malaysia showed that Shah Hakim had purchased 1.42 million shares in the open market. He bought 950,000 shares on Monday at 42 sen, and another 470,000 shares at 42.1 sen on Tuesday. He currently holds a 12.17% ... http://www.kualalumpurnews.net/index.php/sid/214702226/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214702226/scat/48cba686fe041718 said the three-day event from July 5 to 7 at Penang Times Square would also feature national exhibitors, particularly from Kuala Lumpur. "We will be bringing all the attractions that made the KL MATTA Fairs popular over to Penang. Visitors can expect a lot of new deals as well as better packages and prices," he said during a launch reception here yesterday. The fair will have 190 ... http://www.kualalumpurnews.net/index.php/sid/214702225/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214702225/scat/48cba686fe041718 KUALA LUMPUR: A 32-year-old man suspected to have been involved in the shooting of two men in Bandar Tun Razak two weeks ago may have been murdered while in remand. City police chief Deputy ... http://www.kualalumpurnews.net/index.php/sid/214702228/scat/48cba686fe041718 Wed, 22 May 2013 19:51:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214702228/scat/48cba686fe041718 A filing with Bursa Malaysia showed the company bought 11.4 million shares, representing a 2.39% stake. It also bought 81.25 million units of 2.75% 10-year irredeemable convertible unsecured loan stocks, along with 560,000 units of warrants. It said the acquisition represented an opportunity for the company to invest in REDtone with its internally-generated surplus ... http://www.kualalumpurnews.net/index.php/sid/214702229/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.kualalumpurnews.net/index.php/sid/214702229/scat/48cba686fe041718 SHAH ALAM: Politicians should educate the young about the country's laws rather than incite hatred among them. Selangor deputy police chief Senior Asst Comm Datuk A.Thaiveegan gave this advice in the wake of a planned gathering this weekend to raise claims of alleged electoral frauds in GE13. "I believe the organisers know and understand the law. "Why is it so difficult for them to ... http://www.kualalumpurnews.net/index.php/sid/214702230/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.kualalumpurnews.net/index.php/sid/214702230/scat/48cba686fe041718 SHAH ALAM: Workers and volunteers from the Buddhist Missionary Society Malaysia (BMSM) are working round-the-clock to complete the finishing touches to the Samadhi Vihara in preparation for the temple's maiden Wesak Day celebrations. The construction of the three-storey multi-purpose building with its iconic white lotus-top shrine hall was completed in March last year. An array of activities ... http://www.kualalumpurnews.net/index.php/sid/214702232/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.kualalumpurnews.net/index.php/sid/214702232/scat/48cba686fe041718 has received a notice from the joint-offerers intending to take it private to extend the closing date and time for the acceptance of the offer to June 11 from May 28. Major ... http://www.kualalumpurnews.net/index.php/sid/214702231/scat/48cba686fe041718 Wed, 22 May 2013 19:51:32 -0400 http://www.kualalumpurnews.net/index.php/sid/214702231/scat/48cba686fe041718 's net profit for its first quarter ended March 31 climbed 8.6% to RM614.5mil from RM565.6mil recorded in the previous corresponding quarter while revenue rose to RM4.48bil from RM4.24bil previously. Axiata said in a statement that it saw solid performance, in a seasonally slow quarter, amidst heightened competitive pressures and strengthening ringgit. "Slower momentum in traditional ... http://www.kualalumpurnews.net/index.php/sid/214702233/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.kualalumpurnews.net/index.php/sid/214702233/scat/48cba686fe041718 's net profit for the first quarter ended March 31 contracted to RM104.8mil from RM172.4mil a year ago but operationally, the budget carrier still reported growth. For the quarter under review, AirAsia recorded a 6% rise in operating profit year-on-year (y-o-y) to RM254.93mil resulting from the increase in revenue while cost remained in check with no one-off volatility. AirAsia's ... http://www.kualalumpurnews.net/index.php/sid/214702236/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.kualalumpurnews.net/index.php/sid/214702236/scat/48cba686fe041718 NIBONG TEBAL: The operating hours of outpatient clinics in all public hospitals may be extended until night to help reduce congestion and long queues, ... http://www.kualalumpurnews.net/index.php/sid/214702235/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.kualalumpurnews.net/index.php/sid/214702235/scat/48cba686fe041718 IPOH: The winner of the Ipoh International Starwalk 2013 International Category will take home RM2,000 apart from other goodies. Ipoh City Council is sponsoring RM10,000 as prize money for the International Category. Under this category, the winner in the men's group gets RM2,000 while the winner for the women's group will get RM1,500. "Malaysians are also eligible to take part in ... http://www.kualalumpurnews.net/index.php/sid/214702234/scat/48cba686fe041718 Wed, 22 May 2013 19:51:31 -0400 http://www.kualalumpurnews.net/index.php/sid/214702234/scat/48cba686fe041718 KUALA LUMPUR: The upcoming Invest Malaysia conference (IMKL 2013) will present global fund managers with direct opportunities to access Asean multinational marketplace through Bursa Malaysia. The central aim of the conference is to highlight the leading position of Malaysian multinationals in Asean. ... http://www.kualalumpurnews.net/index.php/sid/214702241/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.kualalumpurnews.net/index.php/sid/214702241/scat/48cba686fe041718 IPOH: With the re-opening of the new RM42mil refurbished Sultan Azlan Shah Airport here, the city is now hoping for direct flights from Xiamen in southeast ... http://www.kualalumpurnews.net/index.php/sid/214702240/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.kualalumpurnews.net/index.php/sid/214702240/scat/48cba686fe041718 (pic) said that up to last month, BMW Malaysia had sold 2,241 vehicles in the country, comprising the Mini, BMW and BMW Motorrads. ';Up to last month, we had registered a 5% increase compared with the same period last year,'; he said after launching the seventh version of the Mini, the Mini Cooper S Paceman. Pils said BMW Malaysia was confident that the Mini Cooper S Paceman would ... http://www.kualalumpurnews.net/index.php/sid/214702239/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.kualalumpurnews.net/index.php/sid/214702239/scat/48cba686fe041718 PETALING JAYA: The widening economic inequality in Asian countries, security issues and how Asian countries can cooperate to confront common challenges are among the subjects that will be discussed at the three-day 27th Asia-Pacific Roundtable (APR) from June 3 to 5. The theme of this year’s event is ';Strategising change in Asia';, which will focus on understanding the dynamics ... http://www.kualalumpurnews.net/index.php/sid/214702237/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.kualalumpurnews.net/index.php/sid/214702237/scat/48cba686fe041718 targeting high-rise condominiums. IPTV is a system in which TV services are delivered using the Internet protocol suite instead of traditional terrestrial, satellite signal and cable TV formats, resulting in a superior entertainment experience for content providers, advertisers and customers. Astro chief commercial officer Liew Swee Lin said all Astro programmes, together with voice telephone ... http://www.kualalumpurnews.net/index.php/sid/214702238/scat/48cba686fe041718 Wed, 22 May 2013 19:51:30 -0400 http://www.kualalumpurnews.net/index.php/sid/214702238/scat/48cba686fe041718 By AmResearch Sell (maintain) Fair value: RM3.30 WE maintain our "sell" call on MMHE with an unchanged fair value of RM3.30 per share based on a forecast financial year 2014 price-to-earnings ratio of 20 times at a 10% discount ... http://www.kualalumpurnews.net/index.php/sid/214702244/scat/48cba686fe041718 Wed, 22 May 2013 19:51:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214702244/scat/48cba686fe041718 KUALA LUMPUR: The barking of her poodle saved actress Chris Tong from having her RM300,000 Mercedes-Benz SLK car-jacked in Taman Yulek, Cheras. The 29-year-old former beauty queen, who had acted in several local and Singaporean dramas and movies, had just finished a meeting with a client in Jalan Kuchai Lama late on Monday night on her work in a new movie, said a source. She had gone to get ... http://www.kualalumpurnews.net/index.php/sid/214702245/scat/48cba686fe041718 Wed, 22 May 2013 19:51:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214702245/scat/48cba686fe041718 PETALING JAYA: Nicholas "Nick" James Vujicic may not have arms and legs, but his self-worth has enabled him to change the world. The 30-year-old Australian said his high school janitor was the first to inspire him to be a world-class motivational speaker. "He told me that I would be a speaker one day. He said my story would inspire others. "The janitor saw value in me, that I ... http://www.kualalumpurnews.net/index.php/sid/214702242/scat/48cba686fe041718 Wed, 22 May 2013 19:51:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214702242/scat/48cba686fe041718 KUANTAN: Three people were killed in three separate accidents in Pa­­hang. All three incidents happened on Tuesday. In the first case, Ong Kim Tian, 77, lost control of her car and crashed into a 10m deep ditch at a T-junction in the Air Putih housing estate. Police said Ong died at the scene in the 8.45pm accident. It was raining heavily at that time. In another accident in Maran, Toh ... http://www.kualalumpurnews.net/index.php/sid/214702243/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.kualalumpurnews.net/index.php/sid/214702243/scat/48cba686fe041718 JAKARTA: Indonesian MPs said they want a new banking law, under discussion since late last year, to limit foreign ownership to a maximum of 50% to 51% and suggested it could make it to the statute books by next year. MPs have not publicly discussed a percentage figure before. The comments by two senior parliamentarians come as debate rages over whether ... http://www.kualalumpurnews.net/index.php/sid/214702246/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.kualalumpurnews.net/index.php/sid/214702246/scat/48cba686fe041718 IPOH: Police have arrested four members of a gang believed to be responsible for about 20 robberies in Perak, Kuala Lumpur and Selangor over the past one year. Perak police chief Deputy ... http://www.kualalumpurnews.net/index.php/sid/214702248/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.kualalumpurnews.net/index.php/sid/214702248/scat/48cba686fe041718 BRUSSELS: The European Union (EU) is willing to deepen trade ties with China but wants to see concessions from Beijing first, documents seen by Reuters showed. At the same time as EU regulators are ramping up trade pressure on Beijing by threatening duties on solar panels and telecoms equipment, Brussels is dangling the carrot of trade agreements before the Chinese. The European Commission is ... http://www.kualalumpurnews.net/index.php/sid/214702247/scat/48cba686fe041718 Wed, 22 May 2013 19:51:28 -0400 http://www.kualalumpurnews.net/index.php/sid/214702247/scat/48cba686fe041718 BRUSSELS: Europe moved closer to ending banking secrecy yesterday after Austria dropped objections to sharing data on foreign depositors and the European Union (EU) focused on negotiating a similar agreement with Switzerland. "It's a bad day for tax cheats," ... http://www.kualalumpurnews.net/index.php/sid/214702251/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214702251/scat/48cba686fe041718 A QUICK phone call to her husband was all it took for tragedy to strike Surianti Zahari's 14-month-old son, who drowned in a pail in the bathroom of their house in Kuantan, reported Harian Metro. The boy, who had just started to walk, drowned at 3.30pm yesterday while Surianti, 34, dashed off to make the two minute phone call. Her husband, Mohd Zawawi Husain, 34, said Surianti had left ... http://www.kualalumpurnews.net/index.php/sid/214702252/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214702252/scat/48cba686fe041718 KUALA TERENGGANU: The Tereng­ganu legislative assembly, which starts its new season on June 19, is expected to be a fiery one as the Barisan Nasional and the opposition front have an almost equal number of representatives in the House. The Barisan scraped through with a simple majority in the 32-seat assembly by winning 17 seats in the just-concluded general election. However, it lost its ... http://www.kualalumpurnews.net/index.php/sid/214702250/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214702250/scat/48cba686fe041718 hedge fund, that the group should sell up to a fifth of its music and movies business, which includes artists such as Adele and hit franchises like Spider-Man. Loeb argues a partial spin-off of Sony Entertainment would free up cash to help the struggling electronics division and could boost Sony's stock price by 60%. Third Point's "proposal is one that affects a core part of ... http://www.kualalumpurnews.net/index.php/sid/214702249/scat/48cba686fe041718 Wed, 22 May 2013 19:51:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214702249/scat/48cba686fe041718 SYDNEY: Mining magnate Gina Rinehart had A$7bil (US$6.8bil) wiped off her fortune in the past year but remains Australia's wealthiest person, an annual rich list showed. Rinehart, heiress to an iron ore prospecting empire built in Australia's resources-rich west, led the respected BRW Rich 200 list for a third year in a row with a personal fortune of A$22.02bil. But she also lost more ... http://www.kualalumpurnews.net/index.php/sid/214702253/scat/48cba686fe041718 Wed, 22 May 2013 19:51:26 -0400 http://www.kualalumpurnews.net/index.php/sid/214702253/scat/48cba686fe041718 A 36-year-old man was a stunt man by day and a criminal after dark, Makkal Osai reported. Luck ran out on Monday night for the man, identified as Johnson, when he was caught snatching a chain from a woman. The man from Tiruvallur told Chennai police that he would ride pillion on a motorcycle with his accomplice, Yosuf, and prowl the streets for victims. The police said Johnson, who was a villain ... http://www.kualalumpurnews.net/index.php/sid/214702254/scat/48cba686fe041718 Wed, 22 May 2013 19:51:26 -0400 http://www.kualalumpurnews.net/index.php/sid/214702254/scat/48cba686fe041718 TVB actor Moses Chan will marry Miss Hong Kong 2006 Aimee Chan soon and the ceremony may be held in Paris, Sin Chew Daily reported. The 42-year-old actor confirmed that they were busy with wedding preparations when contacted by the media in Hong Kong. When asked whether his 32-year-old girlfriend was pregnant, Moses declined to comment. "Thank you for all the blessings. Let's talk about ... http://www.kualalumpurnews.net/index.php/sid/214702255/scat/48cba686fe041718 Wed, 22 May 2013 19:51:25 -0400 http://www.kualalumpurnews.net/index.php/sid/214702255/scat/48cba686fe041718 SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing ... http://www.kualalumpurnews.net/index.php/sid/214701692/scat/48cba686fe041718 Wed, 22 May 2013 19:42:54 -0400 http://www.kualalumpurnews.net/index.php/sid/214701692/scat/48cba686fe041718 Obama administration said Wednesday U.S. drones killed four Americans in airstrikes in Yemen and Pakistan. The disclosure came in a letter U.S. Attorney ... http://www.kualalumpurnews.net/index.php/sid/214700663/scat/48cba686fe041718 Wed, 22 May 2013 18:21:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214700663/scat/48cba686fe041718 Wed May 22, 2013 5:30pm EDT * Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON, May 22 (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover but the ... http://www.kualalumpurnews.net/index.php/sid/214701398/scat/48cba686fe041718 Wed, 22 May 2013 17:30:59 -0400 http://www.kualalumpurnews.net/index.php/sid/214701398/scat/48cba686fe041718 Singapore, May 22 : A court in Malaysia has sentenced two Indian-origin men to separate jail terms for brutally assaulting a Nigerian that led to his ... http://www.kualalumpurnews.net/index.php/sid/214691838/scat/48cba686fe041718 Wed, 22 May 2013 11:43:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214691838/scat/48cba686fe041718 GEORGE TOWN: Two journalists were among those caught up in a confrontation when a group of unidentified men disrupted a candlelight vigil in Esplanade to show solidarity for student activist Adam Adli Abdul Halim. The vigil which started at about 8pm was attended by more than 100 non-governmental organisation (NGO) members, students, social activists and several state Pakatan Rakyat leaders. Some ... http://www.kualalumpurnews.net/index.php/sid/214691839/scat/48cba686fe041718 Wed, 22 May 2013 11:32:20 -0400 http://www.kualalumpurnews.net/index.php/sid/214691839/scat/48cba686fe041718 SEREMBAN: All newly-appointed Negri Sembilan State Executive Councillors (Excos) were today given one month to declare their assets. Negeri Sembilan Menteri ... http://www.kualalumpurnews.net/index.php/sid/214690153/scat/48cba686fe041718 Wed, 22 May 2013 10:19:26 -0400 http://www.kualalumpurnews.net/index.php/sid/214690153/scat/48cba686fe041718 "Malaysia Refinery Market Analysis and Outlook to 2020 - Drivers, Challenges, Infrastructure, Supply- demand and competitive landscape" report to their offering. Malaysia oil refining industry research work from OGAnalysis is a compulsory report for all analysts involved in the Malaysia refining sector. It provides all the key trends and analyzes the drivers and restraints of ... http://www.kualalumpurnews.net/index.php/sid/214690154/scat/48cba686fe041718 Wed, 22 May 2013 10:14:02 -0400 http://www.kualalumpurnews.net/index.php/sid/214690154/scat/48cba686fe041718 said. Following the gazetting of the results, electoral candidates and political parties dissatisfied with the outcome have 21 days to file their objections or petitions. "The 21-day period begins tomorrow (Thursday), May 23," he said in a statement. The petitions can be filed at the High Courts in the respective states, he added. - ... http://www.kualalumpurnews.net/index.php/sid/214688678/scat/48cba686fe041718 Wed, 22 May 2013 09:01:52 -0400 http://www.kualalumpurnews.net/index.php/sid/214688678/scat/48cba686fe041718 PETALING JAYA: The National Registration Department (NRD) has denied allegations that non-Malaysian citizens holding temporary residence identity card - also known as MyKas - were allowed to vote during the 13th general election. NRD ... http://www.kualalumpurnews.net/index.php/sid/214688677/scat/48cba686fe041718 Wed, 22 May 2013 09:01:51 -0400 http://www.kualalumpurnews.net/index.php/sid/214688677/scat/48cba686fe041718 continued today, as both he and the company agreed that the fee for consultancy and corporate advisory services rendered was RM2.75mil. Shamsubahrin is charged with five counts of cheating NFCorp ... http://www.kualalumpurnews.net/index.php/sid/214688676/scat/48cba686fe041718 Wed, 22 May 2013 09:01:51 -0400 http://www.kualalumpurnews.net/index.php/sid/214688676/scat/48cba686fe041718 The case of a 40-year-old Malaysian man who is charged with raping a 13-year-old girl before marrying her under sharia law has provoked national outrage.The ... http://www.kualalumpurnews.net/index.php/sid/214688415/scat/48cba686fe041718 Wed, 22 May 2013 08:48:26 -0400 http://www.kualalumpurnews.net/index.php/sid/214688415/scat/48cba686fe041718 Reset PUTRAJAYA (May 22): Former Prime Minister Tun Dr Mahathir Mohamad and former Iranian president Mohammad Khatami today called on the Organisation of Islamic Cooperation (OIC) to set up a task force to examine the Sunni and Shi'a Muslims divide, in depth. In a joint appeal aimed at ending violence and bloodshed between both doctrines, the two prominent leaders said the task force could ... http://www.kualalumpurnews.net/index.php/sid/214687291/scat/48cba686fe041718 Wed, 22 May 2013 08:07:17 -0400 http://www.kualalumpurnews.net/index.php/sid/214687291/scat/48cba686fe041718 and her three aides is reaching the end as the four accused will know their fate on Thursday. High Court judge Justice Akhtar Tahir is set to deliver his verdict in the high-profile case that has spanned nearly two years. Sosilawati, 47, her driver Kamaruddin Shamsuddin, 44, bank officer Noorhisham Mohamad, 38, and lawyer Ahmad Kamil Abdul Karim, 32, were reported missing after they went to ... http://www.kualalumpurnews.net/index.php/sid/214687295/scat/48cba686fe041718 Wed, 22 May 2013 07:50:56 -0400 http://www.kualalumpurnews.net/index.php/sid/214687295/scat/48cba686fe041718 's net profit fell 31% to RM6.8mil in the first quarter ended March 31, 2013 from RM10mil a year ago on lower revenue from its retrofit projects and the deferment of certain oil and gas projects. It said on Wednesday its revenue, however, increased by 4.5% to RM86.50mil from RM82.7&mil a year ago. Earnings per share were lower at 4.56 compared to 10.02 a year ago It said revenue from its ... http://www.kualalumpurnews.net/index.php/sid/214687296/scat/48cba686fe041718 Wed, 22 May 2013 07:50:56 -0400 http://www.kualalumpurnews.net/index.php/sid/214687296/scat/48cba686fe041718 PETALING JAYA: Student activist Adam Adli Abd Halim is expected to be charged at the Sessions Court in Jalan Duta Thursday following the expiration of his remand. City CID chief Senior Asst ... http://www.kualalumpurnews.net/index.php/sid/214687293/scat/48cba686fe041718 Wed, 22 May 2013 07:50:55 -0400 http://www.kualalumpurnews.net/index.php/sid/214687293/scat/48cba686fe041718 earnings slipped 2.4% to RM209.6mil in the second quarter ended March 31, 2013 from RM214.9mil a year ago due to the challenging phase in its plantation sector. It said on Wednesday its revenue fell 14.8% to RM2.235bil from RM2.624bil a year ago. Earnings per share were 19.7 sen compared with 20.20 sen. It declared an interim dividend of 15 sen a share. KLK said its plantation suffered a 36.6% ... http://www.kualalumpurnews.net/index.php/sid/214687292/scat/48cba686fe041718 Wed, 22 May 2013 07:50:55 -0400 http://www.kualalumpurnews.net/index.php/sid/214687292/scat/48cba686fe041718 's operating profit rose 6% to RM254.93mil in the first quarter ended March 31, 2013 on higher revenue while it managed to keep its costs in check. The low-cost carrier said on Wednesday its revenue increased by 11% to RM1.30bil from RM1.17bil. The topline growth was due to a 7% increase in passenger to 5.17 million and higher ancillary income per pax and average fare. It was also boosted by ... http://www.kualalumpurnews.net/index.php/sid/214687294/scat/48cba686fe041718 Wed, 22 May 2013 07:50:55 -0400 http://www.kualalumpurnews.net/index.php/sid/214687294/scat/48cba686fe041718 Reset PUTRAJAYA (May 22): The prosecution will proceed with the case of a 13-year-old girl in Sabah who was allegedly raped by a 40-year-old restaurant manager. Attorney-General Tan Sri Abdul Gani Patail said the case was still ongoing and the Attorney-General's Chambers (AGC) had not dropped the matter. "I have no choice but to state my stand today. Normally, we do not state our stand ... http://www.kualalumpurnews.net/index.php/sid/214686042/scat/48cba686fe041718 Wed, 22 May 2013 06:58:36 -0400 http://www.kualalumpurnews.net/index.php/sid/214686042/scat/48cba686fe041718 recorded an impressive set of financial results, as its earnings surged 750% to RM58.39mil in the first quarter ended March 31, 2013 from RM6.87mil a year ago. It said on Wednesday its earnings, which were a more than a six-fold increase, were due to the reclassification of fair value reserve of RM32.79mil following the "remeasurement of the investment ... http://www.kualalumpurnews.net/index.php/sid/214686043/scat/48cba686fe041718 Wed, 22 May 2013 06:42:10 -0400 http://www.kualalumpurnews.net/index.php/sid/214686043/scat/48cba686fe041718 said this was part of the spirit of inclusiveness practised by the Government. Nazri was responding to a question from reporters whether the ministry would work together with the state leaderships of Penang, Selangor and Kelantan, which are helmed by Pakatan. "They (the three states) will be treated just the same as the other states. Last I checked, they are still part of Malaysia," ... http://www.kualalumpurnews.net/index.php/sid/214686046/scat/48cba686fe041718 Wed, 22 May 2013 06:42:09 -0400 http://www.kualalumpurnews.net/index.php/sid/214686046/scat/48cba686fe041718 among the decliners. At the close, the KLCI fell 3.5 points or 0.2% to 1,783.88, off the intra morning high of 1,795.59. Turnover was 2.88 billion shares valued at RM2.97bil. Decliners beat advancers 618 to 323 while 249 counters unchanged. Bloomberg reported Asia's regional benchmark stock index held near its highest level since June 2008, as ... http://www.kualalumpurnews.net/index.php/sid/214686045/scat/48cba686fe041718 Wed, 22 May 2013 06:42:09 -0400 http://www.kualalumpurnews.net/index.php/sid/214686045/scat/48cba686fe041718 KUALA LUMPUR: Higher prices of food and non-alcoholic beverages pushed Malaysia's inflation rate up 1.7% in April, which was the highest in 11 months. The Statistics Department said on Wednesday the consumer price index (CPI) rose 1.7% from 104.5 to 106.3. The 1.7% increase was in line with Bloomberg's consensus forecast of 1.7%. "The index for food & non-alcoholic beverages ... http://www.kualalumpurnews.net/index.php/sid/214686044/scat/48cba686fe041718 Wed, 22 May 2013 06:42:09 -0400 http://www.kualalumpurnews.net/index.php/sid/214686044/scat/48cba686fe041718 MUAR: Police have detained a 60-year-old woman, believed to be a drug trafficker, and seized 266 grams of heroin after raiding a house in Bakri, here, on Sunday. Muar Acting police chief Supt Shahadan Jaafar said the 60-year-old woman, who has seven grandchildren is believed to have been involved in drug trafficking for the past five months. "Initial investigations revealed that the ... http://www.kualalumpurnews.net/index.php/sid/214685078/scat/48cba686fe041718 Wed, 22 May 2013 05:34:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214685078/scat/48cba686fe041718 KUALA LUMPUR: A 32-year-old man, who is believed to be involved in shooting two other men in Bandar Tun Razak two weeks ago, have died while in remand. It is learnt that the suspect, known as Dharmendran, complained of chest pains at about 9pm on Tuesday while detained in the Kuala Lumpur police headquarters lockup and was immediately sent to the Kuala Lumpur hospital for treatment. However, the ... http://www.kualalumpurnews.net/index.php/sid/214685079/scat/48cba686fe041718 Wed, 22 May 2013 05:34:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214685079/scat/48cba686fe041718 KUALA LUMPUR, May 22 (Reuters) - Malaysia's consumer price index rose 1.7 percent in April from a year earlier, hitting its highest level in nearly a year, data from the Statistics Department showed on Wednesday. Economists polled by Reuters had correctly forecast the annual inflation rate to edge up 1.7 percent in April on more expensive food items although government ... http://www.kualalumpurnews.net/index.php/sid/214685080/scat/48cba686fe041718 Wed, 22 May 2013 05:29:15 -0400 http://www.kualalumpurnews.net/index.php/sid/214685080/scat/48cba686fe041718 FRANKFURT, 22 Mei (Bernama) -- Malaysia menyasarkan persatuan-persatuan profesional seperti doktor dan pakar perubatan, untuk menjadi destinasi acara MICE (Mesyuarat, Insentif, Persidangan dan Pameran) pada pameran IMEX tiga hari yang bermula Selasa di sini. Ketua Eksekutif Biro Konvensyen dan Pameran Malaysia (MyCEB) Zulkifli Haji Sharif berkata persatuan-persatuan sedemikian di Barat akan ... http://www.kualalumpurnews.net/index.php/sid/214685081/scat/48cba686fe041718 Wed, 22 May 2013 05:29:11 -0400 http://www.kualalumpurnews.net/index.php/sid/214685081/scat/48cba686fe041718 (43 mins ago) Malaysian football authorities have promised to investigate claims of match-fixing and urged police to protect players amid death threats from bookies. Allegations of match-fixing have long tainted football in Malaysia. Fears of match-rigging surfaced especially during the recent second-tier Malaysian Premier League match between Kuala Lumpur and Sime Darby, AFP reports. Angry ... http://www.kualalumpurnews.net/index.php/sid/214684952/scat/48cba686fe041718 Wed, 22 May 2013 05:26:44 -0400 http://www.kualalumpurnews.net/index.php/sid/214684952/scat/48cba686fe041718 WAM PUTRAJAYA, May 22nd, 2013 (WAM) -- Malaysia seeks to secure a seat as a non-permanent member for the UN Security Council (UNSC) for the term 2015-2016, Foreign Minister, Anifah Aman, said on Tuesday. Malaysia will be able to play a part in international security issues if it becomes a member of the Security Council, according to the Malaysian foreign minister in statements carried by the ... http://www.kualalumpurnews.net/index.php/sid/214684956/scat/48cba686fe041718 Wed, 22 May 2013 05:08:10 -0400 http://www.kualalumpurnews.net/index.php/sid/214684956/scat/48cba686fe041718 KUALA LUMPUR: KUALA LUMPUR: Barisan Nasional should merge into a single multi-racial party or risk fading away in the next five years, said Gerakan ... http://www.kualalumpurnews.net/index.php/sid/214684060/scat/48cba686fe041718 Wed, 22 May 2013 04:27:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214684060/scat/48cba686fe041718 expects to reach a final investment decision on its joint venture with Germany's BASF for its plant expansion in Gebeng, Kuantan by year-end. The company has allocated RM3bil for capital expenditure this year and bulk of it would be for its Sabah Ammonia Urea (Samur) project. On April 25, StarBiz reported BASF and Petronas Chemicals Bhd would invest US$500mil (RM1.5bil) to expand their ... http://www.kualalumpurnews.net/index.php/sid/214684056/scat/48cba686fe041718 Wed, 22 May 2013 04:27:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214684056/scat/48cba686fe041718 , as the stock is fully valued at current levels. It said on Wednesday it raised its target price to RM5.41 from RM4.95 based on FY14 EPS pegging a 18 times price-to-earnings (P/E) which is the group's long term average P/E. "We find the group fully valued at current levels," it said. Alliance Research ... http://www.kualalumpurnews.net/index.php/sid/214684057/scat/48cba686fe041718 Wed, 22 May 2013 04:27:29 -0400 http://www.kualalumpurnews.net/index.php/sid/214684057/scat/48cba686fe041718 dragged the FBM KLCI into the red in late afternoon trade on Wednesday. The decline which was a turnaround from the positive outlook in the morning. However, there were no adverse negative news. At 3.18pm, the KLCI was down 5.50 points to 1,781.88. Turnover was 2.05 billion shares valued at RM1.91bil. Declining stocks beat advancers 574 to ... http://www.kualalumpurnews.net/index.php/sid/214684059/scat/48cba686fe041718 Wed, 22 May 2013 04:27:28 -0400 http://www.kualalumpurnews.net/index.php/sid/214684059/scat/48cba686fe041718 in its libel suit. Felda had made the application of appearance against Saifuddin as a PKR office bearer. High Court Judicial Commissioner Lee Heng Cheong held that Saifuddin had proven sufficient grounds on why leave should not be given for the default judgment. The judge made the order after meeting the parties in chambers on Wednesday. Saifuddin is one of the seven defendants named by Felda in ... http://www.kualalumpurnews.net/index.php/sid/214684058/scat/48cba686fe041718 Wed, 22 May 2013 04:27:28 -0400 http://www.kualalumpurnews.net/index.php/sid/214684058/scat/48cba686fe041718 's first order of business. "It is what we have promised the people of Sabah whereby Esscomm and Esszone needs to be in operation. "It is something the Defence Ministry and Home Ministry, particularly me ... http://www.kualalumpurnews.net/index.php/sid/214684061/scat/48cba686fe041718 Wed, 22 May 2013 04:27:27 -0400 http://www.kualalumpurnews.net/index.php/sid/214684061/scat/48cba686fe041718 Police have been urged to protect footballers from bookmakers as the Malaysian Football Association (FAM) prepare to investigate claims of match-fixing in the country's league in a meeting on ... http://www.kualalumpurnews.net/index.php/sid/214684062/scat/48cba686fe041718 Wed, 22 May 2013 04:26:51 -0400 http://www.kualalumpurnews.net/index.php/sid/214684062/scat/48cba686fe041718 Malaysia hosts the world's premiere mixed team badminton championship Sudirman Cup 2013 after years of touring in Europe and China. KUALA LUMPUR, Malaysia, May 22, 2013 /PRNewswire/ -- For the first time in Malaysia, throngs of badminton fans come together to witness the aerodynamic shuttle spins among top players as they battle to emerge champions at the Sudirman Cup 2013 in Putra Stadium ... http://www.kualalumpurnews.net/index.php/sid/214684063/scat/48cba686fe041718 Wed, 22 May 2013 04:22:43 -0400 http://www.kualalumpurnews.net/index.php/sid/214684063/scat/48cba686fe041718 's net profit fell 24.7% to RM25.09mil in the first quarter ended March 31, 2013 from RM33.3mil a year ago due to losses sustained by the group's newly opened hospitals. It said on Wednesday its topline however increased 4% to RM545mil from RM525.6mil a year ago due to higher revenue from its new and existing hospitals. Earnings per share declined to 4.29 sen from 5.81 sen a year ago. ... http://www.kualalumpurnews.net/index.php/sid/214683028/scat/48cba686fe041718 Wed, 22 May 2013 03:20:07 -0400 http://www.kualalumpurnews.net/index.php/sid/214683028/scat/48cba686fe041718 says only the party's annual general meeting can force Dr Chua to step down. "He was elected by the AGM and only an AGM can tell him to step down," Dr Ling told reporters on Wednesday. Asked what he thought of the 15 veterans who had asked Dr Chua to resign immediately following the party's poor showing in the 13th general election, Dr Ling said "I have no idea who the 15 ... http://www.kualalumpurnews.net/index.php/sid/214683029/scat/48cba686fe041718 Wed, 22 May 2013 03:20:06 -0400 http://www.kualalumpurnews.net/index.php/sid/214683029/scat/48cba686fe041718 has declared special dividend of 15.17 sen a share and tax-exempt dividend of 3.82 sen per share for each share of 50 sen each. It said on Wednesday the ex-date was June 5 while the entitlement date was June 7. The dividends were for the financial year ending Sept ... http://www.kualalumpurnews.net/index.php/sid/214682043/scat/48cba686fe041718 Wed, 22 May 2013 02:13:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214682043/scat/48cba686fe041718 's earnings fell 30.9% to RM99.9mil in the first quarter ended March 31, 2013 from RM144.6mil a year ago due to lower crude palm oil (CPO) prices. It said on Wednesday its revenue rose 7.3% to RM2.53bil from RM2.35bil a year ago. Earnings per share were lower at 9.66 sen compared with 13.98 sen a year ago. It declared a dividend of 7.5 sen. Boustead said the plantation division was severely ... http://www.kualalumpurnews.net/index.php/sid/214682042/scat/48cba686fe041718 Wed, 22 May 2013 02:13:34 -0400 http://www.kualalumpurnews.net/index.php/sid/214682042/scat/48cba686fe041718 IPOH: Police have arrested four members of the Botak Gang, believed to be responsible for about 20 robbery cases in Perak, Kuala Lumpur and Selangor. Perak police deputy chief Deput ... http://www.kualalumpurnews.net/index.php/sid/214682046/scat/48cba686fe041718 Wed, 22 May 2013 02:13:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214682046/scat/48cba686fe041718 pushed the FBM KLCI nearer the psychological important 1,800 level at midday on Wednesday while small cap oil and related (O&G) counters saw a surge in trading activity. At midday, the FBM KLCI was up 6.54 points or 0.37% to 1,793.92. Turnover was 1.56 billion shares valued at RM1.28bil. There were 395 gainers, 409 losers and 279 counters unchanged. Bloomberg reported Asian stocks held gains, ... http://www.kualalumpurnews.net/index.php/sid/214682044/scat/48cba686fe041718 Wed, 22 May 2013 02:13:33 -0400 http://www.kualalumpurnews.net/index.php/sid/214682044/scat/48cba686fe041718