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Perak KPDN seizes 225 LPG cylinders, two lorries worth over RM450,000
Perak KPDN seizes 225 LPG cylinders, two lorries worth over RM450,000

New Straits Times

time03-07-2025

  • New Straits Times

Perak KPDN seizes 225 LPG cylinders, two lorries worth over RM450,000

IPOH: Enforcement officers from the Domestic Trade and Cost of Living Ministry (KPDN) seized 225 LPG cylinders and two lorries worth about RM466,895 in raids at Zarib Industrial Park and Tanjung Malim yesterday (July 2). Perak KPDN director Datuk Kamalludin Ismail said 14 LPG cylinders with a 50-kilogramme (kg) capacity, 171 cylinders of 14 kg and 40 cylinders of 12 kg were confiscated in the Ops Gasak raids. According to Kamalludin, the LPG cylinders were stored at two premises without valid permits from the Controller of Supplies. "In the first raid at about 11.30am in Tanjung Malim, an enforcement team from the Tapah KPDN branch found a property being used as an LPG storage facility without the required authorisation to store controlled items. "The second raid at 1pm at a food processing factory in Zarib Industrial Park revealed that LPG was being used without a valid licence or permit," he said in a statement today (July 3). Kamalludin said two men, aged 41 and 49, as well as a 28-year-old woman, were arrested during the raids to assist with the investigation. He said both cases are being investigated under the Control of Supplies Act 1961 and the Control of Supplies Regulations 1974. — BERNAMA

MARKET PULSE PM MAY 22, 2025 [WATCH]
MARKET PULSE PM MAY 22, 2025 [WATCH]

New Straits Times

time22-05-2025

  • Business
  • New Straits Times

MARKET PULSE PM MAY 22, 2025 [WATCH]

KUALA LUMPUR: News on stock, crypto and ringgit moves. Bursa Malaysia extended its downtrend on Thursday, ending lower at the 1,527 level amid persistent selling pressure. Analysts noted that the decline was in line with losses across regional markets, reflecting a wider trend of risk-off sentiment. Meanwhile, the ringgit ended stronger against the US dollar as investors shifted towards safe-haven and value-retaining assets amid growing macroeconomic uncertainties. The local currency closed at 4.2580. In the cryptocurrency market, Bitcoin is trading around the RM466,263 level, indicating renewed interest from institutional investors. That wraps up today's Market Pulse. z8oa4oZsbFs

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