logo
Actress-singer Fazura prefers to leave legal issues to lawyers; prefers to concentrate on new single composed by Indonesian ace Ade Govinda

Actress-singer Fazura prefers to leave legal issues to lawyers; prefers to concentrate on new single composed by Indonesian ace Ade Govinda

The Star21-06-2025
KUALA LUMPUR: Nearly two months have passed since allegations emerged that the company owned by popular actress and entrepreneur Nur Fazura Sharifuddin failed to settle a RM4.65 million debt owed to a headscarf manufacturing factory.
Despite being repeatedly pressed by the claimant as well as by netizens on social media to address the issue, the celebrity has remained silent, going about her daily life, including promoting her headscarves on social media.
And on Saturday, she notched up a big step in her career after launching the music video of her latest single 'Luar Biasa' which is composed by ace Indonesian producer Ade Govinda.
Speaking to reporters at a press conference after launching the music video Fazura, 41, said the lawsuit against her company is a confidential matter and has been handed over to her lawyers for further action.
Fazura, who is also a singer and television host, said she preferred not to comment further as it involves two separate entities.
"Honestly, there's nothing I can explain because we have to understand that I, Fazura, and the company are two different entities.
Popular actress-singer Fazura (Nur Fazura Sharifuddin) with top Indonesian composer-singer Ade Govinda during the launching of her music video for her single -- Luar Biasa -- at Aurum @ The Exchange TRX. - Photo: Bernama
"I can't comment on company matters as that is beyond my scope as an individual. The company is the company, and Fazura is me personally, that's the distinction.
"So really, I can't say much about the company or whatever is going on. I've left all my company-related matters to my lawyers to take action," she said.
Fazura made these remarks when asked by reporters to comment on the RM4.65 million lawsuit filed by a headscarf supplier against her company Pink Fate Sdn Bhd.
Admitting that she is affected by the controversy, the 'Pisau Cukur' star actress said such issues are among the challenges any entrepreneur must face.
"What haven't I gone through in the past eight months? Of course, I've been affected. I'm not someone without feelings but as an entrepreneur, I understand this is normal. I don't think it's necessary to explain, because outsiders may not understand and could twist the facts," she said.
"I know the business I'm running isn't a small one and I'm confident all entrepreneurs out there will understand the challenges that come with being in the business world," she added.
According to media reports early last month, headscarf manufacturer Obor Holding Sdn Bhd is taking legal action against Pink Fate for allegedly owing the company RM4.65 million. Obor Holding claimed that Pink Fate had only paid RM2.68 million out of the total RM7.3 million value of headscarves supplied since June 2022. - Bernama
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Ringgit strengthens against US dollar amid tariff deadline concerns
Ringgit strengthens against US dollar amid tariff deadline concerns

Daily Express

time33 minutes ago

  • Daily Express

Ringgit strengthens against US dollar amid tariff deadline concerns

Published on: Wednesday, July 23, 2025 Published on: Wed, Jul 23, 2025 By: Bernama Text Size: At 8.03 am, the local currency strengthened to 4.2195/2375 against the greenback, up from Tuesday's close of 4.2300/2370. Kuala Lumpur: The ringgit opened firmer against the US dollar on Wednesday, supported by cautious optimism ahead of the looming Aug 1 tariff deadline. At 8.03 am, the local currency strengthened to 4.2195/2375 against the greenback, up from Tuesday's close of 4.2300/2370. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit is likely to trade between RM4.22 and RM4.24 today as markets remain wary of potential tariff impacts. 'Investors are adopting a guarded stance, waiting for clearer signals on trade policies,' he noted. SPI Asset Management managing partner Stephen Innes attributed the ringgit's early gains to shifting macroeconomic conditions. 'The US dollar is under pressure from falling Treasury yields and domestic political concerns, which is benefiting emerging market currencies like the ringgit,' he said. Innes added that the ringgit's rebound reflects more than just a temporary bounce. 'A softer dollar, renewed trade talks, and hopes for tariff relief are creating a favourable environment for the ringgit,' he told Bernama. He also highlighted ongoing negotiations between Malaysia and the US, where Malaysian officials are reportedly seeking a reduced tariff rate of 15–20 per cent, compared to the proposed 25 per cent. Against other major currencies, the ringgit showed mixed performance. It weakened against the Japanese yen to 2.8767/8891 from 2.8690/8739 and dipped versus the euro to 4.9528/9740 from 4.9512/9594. However, it edged higher against the British pound, rising to 5.7052/7295 from 5.7088/7183. Regionally, the ringgit strengthened against the Singapore dollar to 3.3001/3144 from 3.3011/3071 and appreciated against the Indonesian rupiah to 258.5/259.7 from 259.1/259.7. It also gained slightly against the Philippine peso to 7.39/7.43 from 7.41/7.43. However, it slipped against the Thai baht to 13.1138/1767 from 13.0899/1172. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia

Selective accumulation lifts Bursa Malaysia at opening
Selective accumulation lifts Bursa Malaysia at opening

New Straits Times

timean hour ago

  • New Straits Times

Selective accumulation lifts Bursa Malaysia at opening

KUALA LUMPUR: Bursa Malaysia opened marginally higher today, supported by value-seeking investors engaging in selective accumulation. At 9.06 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.63 of a point to 1,520.03 from yesterday's close of 1,519.40. At the opening bell, the benchmark index was 0.08 of a point higher at 1,519.48. Turnover stood at 126.93 million shares, valued at RM68.23 million. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the FBM KLCI closed lower yesterday in tandem with the weak regional performance. "However, we expect value-seeking investors to continue supporting the market through selective accumulation. Hence, we anticipate the benchmark index to consolidate within the 1,510–1,520 range today," he told Bernama. On the global front, Thong said Wall Street closed mixed, with the S&P 500 hitting another record high at 6,309.62 (+0.06 per cent) as investors digested a new batch of earnings, including a tariff warning from General Motors. The Dow rose 0.4 per cent, while the Nasdaq slipped 0.39 per cent ahead of key earnings reports from major tech giants. Among the heavyweight counters, Maybank added four sen to RM9.57, Tenaga Nasional was two sen better at RM13.80, CIMB improved one sen to RM6.56, Public Bank lost three sen to RM4.28, while CelcomDigi and Press Metal were flat at RM3.79 and RM5.21, respectively. Active counters were led by NexG, followed by Enproserve, with both accumulating 1.5 sen each to 52 sen and 28 sen, respectively. PRG advanced half-a-sen to 9.5 sen, Eco-Shop added one sen to RM1.32, while EA Holdings was down half-a-sen to half-a-sen. On the broader index board, the FBM Emas Index was 13.04 points higher at 11,432.77, the FBMT 100 Index rose 10.54 points to 11,192.48, and the FBM Emas Shariah Index was up 7.64 points to 11,454.99. The FBM 70 Index gained 41.42 points to 16,597.29, while the FBM ACE Index trimmed 7.19 points to 4,617.41. By sector, the Financial Services Index put on 36.2 points to 17,346.87, the Energy Index edged down 0.46 of a point to 739.71, and the Plantation Index improved 12.40 points to 7,408.55. The Industrial Products and Services Index rose 0.11 of a point to 154.15.

Malaysia's economy stays resilient in 2025 amid global uncertainty
Malaysia's economy stays resilient in 2025 amid global uncertainty

New Straits Times

timean hour ago

  • New Straits Times

Malaysia's economy stays resilient in 2025 amid global uncertainty

SINGAPORE: Malaysia's economy continues to demonstrate resilience in 2025, underpinned by strong domestic demand, robust investment activity, and favourable labour market conditions, despite pressures from global trade tensions and policy uncertainty. Asean+3 Macroeconomic Research Office (AMRO) chief economist Dong He stated that if the United States' reciprocal tariffs take effect from August 1 at the current rate of 25 per cent, Malaysia's GDP growth could fall from 5.1 per cent in 2024 to 4.2 per cent in 2025, and further to 3.8 per cent in 2026. "This reflects the direct impact on Malaysia's exports to the US, the indirect effects through intermediate goods sent to other countries destined for the US, and the broader slowdown in global trade growth. Nonetheless, domestic demand will remain the key driver of growth," he told Bernama. He noted that front-loaded exports had supported economic momentum earlier in the year. At the same time, key sectors such as information and communication technology and manufacturing remain active, bolstered by data centre investments and industrial diversification. However, the outlook for the second half of the year and beyond remains clouded by external headwinds, particularly the outcome of ongoing US trade negotiations. To maintain momentum, He said Malaysia's policy priorities should include sustained diplomatic engagement with the US on trade issues, diversification of export markets, and greater emphasis on the services sector, which is typically less exposed to protectionist measures. He added that accelerating structural reforms remains essential, especially through the implementation of the New Industrial Master Plan 2030 and the National Energy Transition Roadmap. "Regionally, the Johor-Singapore Special Economic Zone (JS-SEZ) could emerge as a strategic advantage, catalysing cross-border investment and innovation. "US tariffs could enhance the JS-SEZ's appeal, particularly if Singapore faces much lower tariffs than countries like Vietnam and Mexico," he said. He added that the strong commitment to collaboration demonstrated by both the Singaporean and Malaysian governments boosts confidence in the zone's prospects, particularly in a volatile global environment shaped by rising protectionism. "Together, the zone's economic value proposition and political backing can attract foreign investors looking to establish a base in Asean," he said. He noted that for the JS-SEZ to succeed, several challenges must be tackled, including cross-border movement of people and goods, infrastructure in southern Johor, wage gaps, labour shortages, and policy continuity, among others. "If successful, the JS-SEZ can serve as a blueprint for future regional integration initiatives. For example, it could inspire similar cross-border economic zones between Thailand and Laos or Vietnam and Cambodia," he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store