Latest news with #RM1.09mil
The Star
03-07-2025
- The Star
GOF busts illegal Gua Musang gold mine, RM1mil in assets seized
KOTA BARU: The General Operations Force (GOF) thwarted illegal gold mining activities in Kampung Pulai, Gua Musang, with the seizure of assets and equipment worth over RM1mil during Ops Bersepadu Khazanah on Wednesday (July 2). GOF Southeast Brigade commander Datuk Nik Ros Azhan Nik Ab Hamid said personnel from Battalion 8 in Pengkalan Chepa and officers from the Kota Baru Land and Mines Office raided the place following intelligence and public complaints about illegal mining in the area. "In the 11am raid, the operations team discovered a suspicious tent in an oil palm plantation near the foothills. "Further inspection led to the discovery of various heavy machinery and equipment believed to have been used for unauthorised mining activities. Among the items seized were three excavators of various types with no registration numbers, three water suction pumps, three sluice boxes and four sluice carpets, with the total value estimated at RM1.09mil," he said in a statement Thursday (July 3). He said no arrests were made during the operation, as the site was believed to have been vacated before the raiding team arrived. A one-hour observation also did not lead to the presence of any individuals at the location. "Preliminary investigations found that the illegal mining operation had been running for about six months. "The seized items have been handed over to the Kota Baru PTG for further action, including tracking down the machinery owners. The case will be investigated under Section 137(1)(b) of the Mineral Enactment 2001," he added. - Bernama
The Star
18-06-2025
- Entertainment
- The Star
Wang Ta-lu charged in offences relating to dodging Taiwan's military service
Actor Wang Ta-lu has been charged with knowingly causing a public official to make a false entry in a public document. Photo: Wang Ta-lu/Instagram Taiwanese actor Wang Ta-lu and 27 others were charged on June 16 with offences relating to dodging the island's mandatory military service, prosecutors said. Mandatory military service for men aged 18 and older was extended to one year from the previously obligatory period of four months, taking effect at the beginning of 2024. Deferment can be granted for higher education, although all men are required to serve in the military by the time they turn 36. Wang, 34, also known as Darren Wang, is a popular actor in Taiwan, South Korea and China. News of his questioning by the police in February was the top trending topic on China's X-like social media platform Weibo. The New Taipei District Prosecutors Office said in a statement that Wang had been charged with knowingly causing a public official to make a false entry in a public document. Wang allegedly paid the prime suspect in the case, a person surnamed Chen, NT$3.6mil (RM517,582) to handle matters related to evading military service. Chen was detained before he could carry out the plan, which involved another defendant using Wang's identity and health insurance cards to go to hospital under the actor's name, prosecutors said. Chen and another 26 defendants were also charged with violating the military service system by 'hurting the body or using other methods to change the physical conditions'. Under Taiwanese law, anyone found guilty of that offence faces up to five years in prison. 'The conscription system is the cornerstone of maintaining social stability and national security,' prosecutors said, warning that using illegal means to evade it would undermine social order and national security. Wang, who was granted bail and was set to begin his military service in March, faces a maximum term of three years in prison if found guilty. Chen could face at least five years in jail for enabling a large number of conscripts to dodge conscription and pocketing NT$7.63mil (RM1.09mil). – AFP
The Star
22-05-2025
- Business
- The Star
Orgabio optimistic on instant beverage market growth
KUALA LUMPUR: Orgabio Holdings Bhd remains optimistic, supported by the instant beverage market's growth from US$61.64bil in 2023 to US$103.75bil by 2031, at a compound annual growth rate (CAGR) of 6.94%. 'Malaysia's premix market is also expected to grow from US$521.65mil in 2022 to US$835.85mil by 2029 (CAGR: 6.97%). Backed by this positive trajectory, the group will continue to pursue growth opportunities while managing costs prudently and strengthening its competitive positioning,' the instant beverage premix manufacturer said in a statement. In the third quarter ended March 31, Orgabio's net profit halved to RM1.09mil, or earnings per share of 0.44 sen, compared with RM2.12mil, or 0.85 sen, in the year-ago quarter. Revenue, however, climbed to RM28mil against RM22.4mil previously. For the nine months ended March 31, it posted a 9.4% increase in net profit to RM3.4mil, supported by a 44.3% rise in revenue to RM76.8mil. 'We are encouraged by the consistent growth in revenue, particularly from the domestic market. While profitability was impacted by temporary cost pressures and currency volatility, we remain focused on delivering sustainable performance and maintaining operational discipline,' chief executive officer and executive director Ean Yong Hien Voon said. 'With our newly completed factory commencing operations in April 2025, we are well-positioned to ramp up capacity progressively. This facility enhances our ability to serve a broader client base with a more diversified product portfolio and supports our entry into new markets.'
