Latest news with #997
The Sun
16-06-2025
- The Sun
S'wak police cripple major syndicate, seize over RM8.5 million in drugs and assets
SIBU: Sarawak police have crippled a major drug syndicate operating in Sibu, seizing drugs and assets worth over RM8.5 million in two raids conducted on June 12 and 13, announced Sarawak Police Commissioner Datuk Mancha Ata today. He said the raids, carried out by the Narcotics Criminal Investigation Division (NCID) of the Sibu District Police Headquarters, targeted a business premises in Pusat Pedada and two terrace houses in Lorong Permai Jaya. 'We seized 7,086.7 grams of methamphetamine, 2,078.9 grams of ketamine, and 2,022.6 grams of Erimin 5 pills, with a total estimated street value of RM532,934.40,' he said at a press conference, describing the operation as a major success in the fight against drug trafficking in the state. A 52-year-old man and a 44-year-old woman were arrested in the operation. Police also seized assets worth RM7,997,450, marking the largest asset seizure in Sarawak to date, confiscating RM5,157,450 in cash, four gold bars, two gold chains, three Rolex watches, as well as a Lexus RX350F Sport, a Lexus ES250 and a Toyota Vios vehicle. 'This brings the total value of seized drugs and assets to RM8,530,384.40,' said Mancha. Initial investigations found both suspects were key figures in the syndicate, which has been active since 2015, believed to have sourced drugs from Peninsular Malaysia via courier services for trafficking across Sibu. Both suspects tested negative for drugs and neither has a prior criminal record. They have been remanded for seven days from June 13 to 20 to assist in the investigations. The case is being investigated under Section 39B of the Dangerous Drugs Act 1952, which carries the death penalty or life imprisonment and no fewer than 12 strokes of the cane if not sentenced to death. Mancha said the NCID is actively tracking down remaining members of the syndicate to dismantle the entire operation. He urged the public to come forward with any information by contacting the NCID hotline at 012-208 7222. Also present at the press conference were Sarawak NCID chief ACP Mustafa Kamal Gani Abdullah and Sibu police chief ACP Zulkipli Suhaili.
The Star
16-06-2025
- The Star
Police dismantle major drug syndicate in Sibu
SIBU: Police have dismantled a major drug trafficking syndicate operating in Sibu for nearly a decade, seizing drugs and assets totalling RM8.5mil. This is the largest in Sarawak's history. Two suspects, a 52-year-old man and a 44-year-old woman, believed to be the masterminds, were arrested during the raids. "The raids were conducted on June 12 and 13 at three locations: a shop lot in Pusat Pedada and two terrace houses in Lorong Permai Jaya, following intelligence gathered on the syndicate's activities," said Sarawak Police Commissioner Datuk Mancha Ata on Monday (June 16). Mancha said police seized drugs worth an estimated RM532,934.40, including 7,086.7 grams of syabu (methamphetamine), 2,078.9 grams of ketamine, and 2,022.6 grams of Erimin 5 pills. 'The total amount of drugs seized is enough to supply about 49,702 drug addicts,' Mancha said. In addition to the narcotics, police confiscated high-value assets believed to be proceeds from the drug trade, valued at RM7,997,450. These include RM5,157,450 in cash, four gold bars, two gold chains, three Rolex watches, and luxury vehicles: a Lexus RX350F Sport, a Lexus ES250, and a Toyota Vios. Police also seized various items used in the syndicate's operations, including bank cards, house keys, and drug packaging equipment. According to Mancha, initial investigations revealed that the duo had been running the operation since 2015, obtaining drug supplies from Peninsular Malaysia via courier services and distributing them in Sibu. "Both suspects tested negative for drug use and have no prior criminal records. They are being investigated under Section 39B of the Dangerous Drugs Act 1952, which carries the death penalty or life imprisonment with no less than 12 strokes of the cane if the death penalty is not imposed," he explained. The suspects have been remanded for seven days from June 13 to 20 to assist with investigations. Mancha added that police are actively pursuing other syndicate members still at large to completely dismantle the network. He emphasised the commitment of the police, particularly the Narcotics Criminal Investigation Department, to fighting drug-related crime, one of the nation's most serious threats. The public is urged to report any drug-related activity via the JSJN hotline at 012-2087222.
Mint
10-06-2025
- Business
- Mint
SME stock Markolines Pavement gains 5% on bagging ₹16 crore order. Details here
Stock Market Today: SME stock Markolines Pavement gained close to 5% in the morning trades on Tuesday. The Markolines Pavement Technologies share price gains were fueled by the company bagging ₹ 16 crore order. Markolines Pavement Technologies on Tuesday 10 June 2025 made a General disclosure on the exchanges pertaining to the receipt of Work Orders from Vadodara Kim The Markolines Pavement Technologies has secured domestic orders from Vadodara Kim Expressway Pvt. Ltd for two projects for Rain Cut Repair works at its project site. In its release on the exchanges Markoline Pavement Technologies said that 'the Company has received 2 Work Orders cumulatively amounting to Rs.16,75,82,305 (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd. for Rain Cut Repair works at its project site' . While the broad consideration for one project order secured by Markoline Pavement Technologies is Rs.13,81,76,997 ( ₹ 13.82 crore inclusive of GST), the other consideration for the second order procured by Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd is Rs.2,94,05,308 ( ₹ 2.94 crore inclusive of GST). This makes the total consideration of 2 work orders for Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd, at Rs.16,75,82,305 ( ₹ 16.75 crore inclusive of GST) . Markoline Pavement Technologies had to complete this domestic project order for Rain Cut Repair works at the project site by 31 July 2025. Markoline Pavement Technologies share price that opened at ₹ 152.50 on the BSE on Tuesday. The SME Stock Markoline Pavement Technologies share price at the time of opening was up more than 1% over the previous trading sessions closing price of ₹ 150.65. The Markoline Pavement Technologies however jumped to intraday highs of ₹ 158 and this translated into gains of almost 5 % during the intraday trades. Markolines Pavement Technologies' stock surged as the ₹ 16 crore work order from Vadodara Kim Expressway Pvt. Ltd. for rain cut repair projects, demonstrates the potential for growth improving investor confidence in SME stock.
Mint
10-06-2025
- Business
- Mint
SME stock Markolines Pavement gains 5% on bagging ₹16 crore order. Details here
Stock Market Today: SME stock Markolines Pavement gained close to 5% in the morning trades on Tuesday. The Markolines Pavement Technologies share price gains were fueled by the company bagging ₹ 16 crore order. Markolines Pavement Technologies on Tuesday 10 June 2025 made a General disclosure on the exchanges pertaining to the receipt of Work Orders from Vadodara Kim The Markolines Pavement Technologies has secured domestic orders from Vadodara Kim Expressway Pvt. Ltd for two projects for Rain Cut Repair works at its project site. In its release on the exchanges Markoline Pavement Technologies said that 'the Company has received 2 Work Orders cumulatively amounting to Rs.16,75,82,305 (inclusive of GST) from Vadodara Kim Expressway Pvt. Ltd. for Rain Cut Repair works at its project site' . While the broad consideration for one project order secured by Markoline Pavement Technologies is Rs.13,81,76,997 ( ₹ 13.82 crore inclusive of GST), the other consideration for the second order procured by Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd is Rs.2,94,05,308 ( ₹ 2.94 crore inclusive of GST). This makes the total consideration of 2 work orders for Markoline Pavement Technologies from Vadodara Kim Expressway Pvt. Ltd, at Rs.16,75,82,305 ( ₹ 16.75 crore inclusive of GST) . Markoline Pavement Technologies had to complete this domestic project order for Rain Cut Repair works at the project site by 31 July 2025. Markoline Pavement Technologies share price that opened at ₹ 152.50 on the BSE on Tuesday. The SME Stock Markoline Pavement Technologies share price at the time of opening was up more than 1% over the previous trading sessions closing price of ₹ 150.65. The Markoline Pavement Technologies however jumped to intraday highs of ₹ 158 and this translated into gains of almost 5 % during the intraday trades. Markolines Pavement Technologies' stock surged as the ₹ 16 crore work order from Vadodara Kim Expressway Pvt. Ltd. for rain cut repair projects, demonstrates the potential for growth improving investor confidence in SME stock. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
