Latest news with #CMSA
AllAfrica
15 hours ago
- Science
- AllAfrica
China steps closer to landing on moon by 2030
China has successfully conducted an escape flight test on its lunar spacecraft Mengzhou, which means 'dream ship' in Mandarin. By 2030, the country plans to send three Chinese astronauts to land on the moon. It was the second zero-altitude escape flight test in 27 years, following the first one conducted by the Shenzhou manned spacecraft in 1998. Zero altitude means the test was performed on the ground instead of high in the air. The launch escape system or tower, powered by solid rocket motors (SRMs), was installed at the tip of the Mengzhou aircraft's return capsule. In an emergency during a launch, the capsule is to be separated from the rocket within two seconds whenever the system detects any abnormal situation. During the test on June 17, the integrated spacecraft and launch escape tower assembly ascended and reached its designated altitude in about 20 seconds. The return capsule separated from the escape tower and landed on the ground with a parachute in two minutes. According to the China Manned Space Agency (CMSA), Mengzhou's escape and rescue subsystems are now centralized in the spacecraft. In Shenzhou's case, the rocket handled the escape functions. 'Mengzhou will become the core manned spacecraft sustaining the application and development of China's space station, manned lunar exploration, and other tasks,' said the CMSA. 'The successful test has laid an important technical foundation for the subsequent human-crewed lunar exploration missions.' The China Aerospace Science and Industry Corp (CASIC) Fourth Academy, the developer of the launch escape tower, said in a statement on June 24 that its team has achieved many breakthroughs in developing SRMs, which use solid propellants to generate thrust. It said such an achievement significantly improved Mengzhou's escape system compared with Shenzhou's. 'For the first time, we were responsible for developing the escape system's server using self-developed sensors and mechanics,' it said on June 24. 'We also developed the software and algorithms to control the SRMs, and used environmentally friendly rocket fuels.' 'We will continue to take practical actions to realize China's dream of sending people to the moon,' it said. In January 2022, the United States imposed sanctions on the CASIC Fourth Academy and accused it of acting contrary to US national security or foreign policy interests. After testing the escape system, CMSA's next key mission is to launch the Long March 10A rocket in 2026. China launched its uncrewed Chang'e 6 spacecraft to the moon in May last year using the Long March 5 rocket. Long March 5, nicknamed 'Fat Five,' has eight YF-100 rocket engines in four boosters, and two YF-77 engines on its first stage. Total thrust is 10,636 kilonewtons (kN). It can lift 25 tons to low Earth orbit (LEO), 14 tons to the geostationary transfer orbit (GTO) and 8 tons to the Earth-moon-transfer orbit, or trans-lunar injection (TLI) trajectory. Such lifting power is not enough to support China's crewed lunar mission. Long March 10 is an upgraded version of Long March 5. It has 14 YF-100 engines in two boosters and seven more on its first stage. The total thrust is 26,250 kN. It can lift 70 tons to LEO and 27 tons to TLI. The China National Space Administration (CNSA) planned to launch the Long March 10 in 2027. However, it said last November that it would launch the Long March 10A in 2026. The Long March 10A is the Long March 10 without two boosters. It can lift 14 tons, or a spacecraft with up to seven people, to LEO, and can be reused. 'The development of our next-generation crewed Long March 10 rocket is on schedule,' said Wang Yue, a researcher at the China Aerospace Science and Technology Corp. 'We have achieved some breakthroughs in developing reusable rockets, and have already started producing the components. According to CNSA's plan, China will launch the Long March 10 thrice between 2027 and 2030. By 2030, the fourth and fifth launches will be a moon lander (Lanyue) and the Mengzhou spacecraft, respectively. None of these rockets will be reused. During the 2030 mission, the spacecraft carrying three astronauts will dock with the lander before landing on the moon. In 2023, CNSA decided to launch the lander and spacecraft separately, as its more powerful Long March 9 rocket will only be available after 2030. Some Chinese commentators said the lunar exploration mission of the Long March 10 will continue to expand after Chinese astronauts' landing on the moon. 'Landing on the moon is only a small part of our country's lunar exploration plan,' a Sichuan-based columnist writes in an article last month. 'We have a much bigger goal – to transform the moon into China's backyard.' 'After our astronauts reach the moon, our people will move and live there sooner or later,' he says. 'We will chat and have entertainment on the moon, treating the place like our backyard.' He says Chinese astronauts will build houses on the moon and frequently travel between the Earth and the moon. He says China will also use its space technology to boost ties with other countries and help send astronauts from different countries to the moon. Ultimately, China will discover how to extract water and make oxygen using resources on the moon. 'Our lunar plan keeps accelerating, while the United States keeps postponing its plan,' he says. 'It is possible that China will beat the US in sending people to the moon in this round of the space race.' On December 19, 1972, the National Aeronautics and Space Administration (NASA) landed humans on the moon during the Apollo 17 mission. It plans to revisit the Moon in mid-2027 with the Artemis III mission. Two of four astronauts, including the first woman and first person of color, are to land on the Moon's South Pole for a week of scientific exploration. Read: US, China in hot race to put nuclear reactors on the moon
CTV News
18-06-2025
- Sport
- CTV News
Fees to remain unchanged for Calgary Minor Soccer Association players
The Calgary Minor Soccer Association has frozen its fees for the 2025 outdoor and 2026 indoor season despite rising costs. The league says it wants to keep the sport accessible to all families. (Pexels/Kampus Production) Calgary's largest youth sport organization says it is freezing fees for the 2025 outdoor and 2026 indoor seasons. The Calgary Minor Soccer Association (CMSA) says all player registration fees will be unchanged; a decision it says will keep soccer accessible for families throughout the city. 'Although costs continue to rise across the board, we remain firmly committed to ensuring every child has the opportunity to play, grow, and feel a sense of belonging on the field,' said Carlo Bruneau, CMSA executive director. 'By holding player fees steady, we're taking deliberate action to support families and reinforce our commitment to keeping the game affordable and accessible for all.' The fee freeze comes as the CMSA is growing its portfolio in the city through new corporate-sponsored tournaments, expanded player training opportunities, added development camps for referees and community-focused initiatives. 'We're proud to be growing the game in Calgary, and we're doing it with purpose, heart, and responsibility,' Bruneau said. CMSA is also committed to building more field space in Calgary through its Fields for our Future campaign, which explores investment in high-quality, community-based soccer infrastructure. Further details on registration and CMSA initiatives can be found online.
Barnama
21-05-2025
- Business
- Barnama
Federal Court Dismisses Leave Application By Ex-Patimas Deputy Chairman In Insider Trading Case
PUTRAJAYA, May 21 (Bernama) – The Federal Court today unanimously dismissed an application by former Patimas Computers Bhd deputy chairman, Datuk Raymond Yap Wee Hin, for leave to appeal against his liability for insider trading offence committed in 2012. A three-member bench led by Chief Justice Tun Tengku Maimun Tuan Mat, together with Federal Court Judges Datuk Vazeer Alam Mydin Meera and Datuk Lee Swee Seng, affirmed the earlier decisions of the Court of Appeal and High Court. The court ordered him to pay RM30,000 costs to the Securities Commission (SC). Yap had sought to challenge the Court of Appeal's unanimous decision on Nov 27, 2024, which upheld the High Court's finding that he was liable for insider trading of Patimas Computers Berhad (Patimas) shares in 2012. The Securities Commission Malaysia (SC), which initiated the civil suit in 2020, alleged that Yap had breached sections 188(2)(a) and (b) of the Capital Markets and Services Act 2007 (CMSA) by disposing of 43.8 million Patimas shares held by former managing director Law Siew Ngoh, between June and July 2012. SC claimed that at the time, Yap was in possession of material, non-public information relating to audit queries and issues regarding suspicious transactions between Patimas and its top debtors. 'The matter had been raised and discussed by Patimas' external auditor during a meeting with the company's management,' the Commission said in a statement. On July 31, 2012, Patimas' Board of Directors announced to Bursa Malaysia that the company would not be able to issue the company's Annual Audited Financial Statements for the financial period from Jan 1, 2011 to March 31, 2012 due to unresolved significant audit findings/queries. The statement stated that following a full trial at the High Court, Yap was ordered to pay to the SC a disgorgement of RM3.28 million, which is equal to three times the losses avoided by Yap as a result of the breach, and a civil penalty of RM1 million.
The Star
21-05-2025
- Business
- The Star
Federal Court upholds insider trading ruling against former Patimas deputy chairman
PETALING JAYA: The Federal Court has unanimously dismissed former Patimas Computers Bhd deputy chairman Datuk Raymond Yap Wee Hin's application for leave to appeal. In a statement, the Securities Commission (SC) said the Federal Court affirmed the decisions of the Court of Appeal and the High Court. 'The leave application was filed by Yap following the unanimous decision of the Court of Appeal, on Nov 27, 2024, which had affirmed the High Court's finding that he was liable for insider trading of Patimas shares in 2012.' In a civil action filed in 2020, the SC claimed that Yap had breached section 188(2)(a) and (b) of the Capital Markets and Services Act 2007 (CMSA) when he disposed a total of 43.8 million Patimas shares held by Law Siew Ngoh, former managing director of Patimas, between June and July 2012. 'At the time, Yap was in possession of material, non-public information relating to audit queries and issues regarding suspicious transactions between Patimas and its top debtors. 'The matter had been raised and discussed by Patimas' external auditor during a meeting with the company's management.' On July 31, 2012, Patimas' board of directors announced to Bursa Malaysia that the company would not be able to issue the company's annual audited financial statements for the financial period from Jan 1, 2011 to March 31, 2012 due to unresolved significant audit findings/queries. 'At the High Court, following a full trial, Yap was ordered to pay to the SC a disgorgement of RM3.28mil, which is equal to three times the losses avoided by Yap as a result of the breach, and a civil penalty of RM1mil. 'Yap was also prohibited from being appointed as director in any public-listed company for a period of five years, with effect from the date of the High Court judgment on April 7,2022.' The Federal Court, in dismissing Yap's application for leave to appeal, directed him to pay costs of RM30,000 to the SC.
The Sun
16-05-2025
- Business
- The Sun
SC charges former London Biscuits CEO with falsifying financial statement, corporate records
KUALA LUMPUR: The Securities Commission Malaysia (SC) today charged Datuk Seri Liew Yew Chung, former executive director and group chief executive officer of London Biscuits Berhad, in the Sessions Court here for furnishing a false financial statement to the stock exchange and falsifying records of a listed corporation. Based on a statement issued by the SC, Liew faced a total of 13 charges before Sessions Court Judge Azrul Darus and pleaded not guilty to all of them. On the first charge, Liew is accused of having caused the furnishing of a false financial statement to Bursa Malaysia Securities Berhad on Aug 30, 2019, an offence under Section 369(b)(B) of the Capital Markets and Services Act (CMSA) 2007. The charge relates to a false statement concerning London Biscuits Berhad's cumulative revenue amounting to RM285,985, which was contained in the company's third quarter financial report for the period ended June 30, 2019. By virtue of his position as a director and group CEO of London Biscuits Berhad at the material time, Liew is deemed to have committed the offence under Section 367(1) of the CMSA. Liew faces a maximum sentence of 10 years imprisonment and a fine not exceeding RM3 million, upon conviction. Separately, he was also charged with 12 counts under Section 368(1)(a) of the CMSA 2007 for instructing the creation of false sales transactions in the accounting records of London Biscuits Berhad between October 2018 and March 2019. The total value of the false transactions across all 12 charges amounts to RM2,354,430. Upon conviction, each charge carries a maximum penalty of 10 years imprisonment and a fine not exceeding RM1 million. The Sessions Court allowed bail at RM300,000 with two local sureties for all 13 charges. Liew was further ordered to surrender his passport to the court and to report to the SC's investigating officer twice a month.
