Latest news with #RM5.8
Barnama
6 days ago
- General
- Barnama
40,000 Catfish Fish Fry Released In Timah Tasoh To Boost Recreational Fishing In Perlis
PADANG BESAR, June 26 (Bernama) -- A total of 40,000 baung (catfish) fish fry were released into the Timah Tasoh Freshwater Fish Sanctuary near here today, as part of ongoing initiatives to strengthen the recreational fishing sector and ensure sustainable resources in Perlis. Perlis Agriculture, Plantation and Consumer Affairs Committee chairman Razali Saad said that apart from preserving local fishery resources, it is to add economic value for residents through recreational activities such as net-fishing and angling. "This initiative can become an attraction for anglers and outsiders who come here. Recreational activities can also boost income for the surrounding communities," he said at the fish fry release programme today. The initiative was officiated by Perlis Menteri Besar Mohd Shukri Ramli and also attended by Perlis Fisheries director Mohammed Roshaizat Mustaffa. Meanwhile, Razali said the state thanked the federal government for providing an additional allocation of RM2 million, bringing the total allocation to RM5.8 million for this year for the benefit of the agriculture sector in Perlis. Meanwhile, Roshaizat said the release of the baung fry maintains the native fish population in the area as well as rebalancing the ecosystem affected by the presence of invasive fish species. 'Among the invasive fish species identified as disrupting the ecosystem are peacock bass and humpback (bongkok) fish. These fish reproduce quickly and consume the eggs of local fish, negatively impacting the population of native fish such as baung, temperas and patong. 'We have also carried out awareness programmes with the community and university students to catch these invasive fishes, but the impact is still being monitored as the reproduction rate of these fishes is very fast,' he said. He also reminded the public not to arbitrarily release any fish species into rivers or lakes without permission from the Fisheries Department, as legal action could be taken according to the Perlis River Fisheries Rules in Perlis.
New Straits Times
24-06-2025
- Business
- New Straits Times
SSF Home's Q4 net profit falls 5pct on margin pressure
KUALA LUMPUR: SSF Home Group Bhd posted a five per cent drop in net profit to RM5.8 million for the fourth quarter ended April 30, 2025, from RM6.2 million a year earlier, dragged by a lower gross profit margin. Quarterly revenue edged up 0.7 per cent to RM50.9 million, supported by sales from newly opened outlets. For the full year, net profit fell 17.8 per cent to RM5.9 million from RM7.2 million, as revenue slipped four per cent to RM152.5 million from RM158.9 million due to weaker overall sales. The company expects rising production and logistics costs from the expanded Sales and Service Tax, inflationary pressures, and slower global growth amid geopolitical tensions and trade negotiations with the United States. However, it expressed confidence in adapting through strategic pricing, improved cost efficiency, and strong supply chain partnerships. "The group remains committed to strengthening its retail positioning through value-for-money offerings, strategic pricing, and product innovation that align with evolving consumer preferences. "In line with our rebranding efforts, SSF Home is focused on delivering affordable and practical home living solutions, supported by refreshed store formats and enhanced customer experience," it said in a bourse filing. Executive director Lok Kok Khong said the group remained focused on executing its strategic plans despite a tough operating landscape. "This includes expanding into major urban areas, enhancing the retail experience, and staying in tune with shifting consumer preferences," he said.
Barnama
20-06-2025
- Barnama
JPJ Mulls Revoking MyLesen Licences Of Illegal Street Racers
CRIME & COURTS BUTTERWORTH, June 20 (Bernama) -- The Road Transport Department (JPJ) is considering revoking the motorcycle licences of recipients under the MyLesen B2 programme who are found to be involved in illegal street racing (rempit) or other traffic offences. Its director-general Datuk Aedy Fadly Ramli said he has instructed the director of the Driver Licensing Division to look into the matter before any further action is taken. He stressed that the government has allocated substantial funding for the programme to help the B40 group obtain Class B2 motorcycle licences, and thus recipients must comply with all road regulations. 'Recipients of this government-subsidised licence are recorded separately in JPJ's system as participants of the MyLesen programme. So, if they are stopped during inspections, action will be taken, up to and including revocation of their licence. 'If they want to reapply (for a licence), they will have to go through the driving institution or school, pay the fees, and retake the test from start to finish. I want to make that clear,' he told reporters after handing over the Penang-level MyLesen B2 programme licences here today. Meanwhile, Aedy Fadly said the MyLesen programme has been expanded this year to include secondary school students, students from institutions of higher learning, and youths, reflecting the government's continued commitment to helping the B40 group obtain valid driving licences and thereby broaden their access to employment opportunities, particularly in the gig economy. 'To ensure the success of this programme, the government has allocated RM5.8 million this year to cover the full cost of training and licence issuance for 15,000 selected participants nationwide. In Penang alone, 993 individuals aged 16 and above are involved,' he said. -- BERNAMA
New Straits Times
29-05-2025
- Business
- New Straits Times
UEM edgenta secures order book worth RM1.1bil in Q1, bringing total to RM9.3bil
KUALA LUMPUR: UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company's cumulative order book to RM9.3 billion as at March 31, 2025. Chief financial officer Ahmad Fazril Fauzi said the RM1.1 billion represents 39 per cent of the total order book secured in FY2024. "We secured RM2.8 billion for the whole of last year, and by the first quarter of this year, we have already achieved 39 per cent of that," he said during a virtual analyst and media briefing today. Of the RM9.3 billion order book, RM5.8 billion is contributed by infrastructure services, followed by healthcare solutions (RM2.5 billion), property and facility solutions (RM600 million), and asset consultancy (RM400 million). "We are bullish on the performance going forward, supported by the positive momentum of its international operations as we secured contract wins in key markets such as Saudi Arabia, the United Arab Emirates (UAE) and Singapore. "The group's operations in Saudi Arabia and the UAE achieved a strong 24 per cent year-on-year revenue growth, driven by effective integration efforts and the scaling of newly acquired entities" he added. Elaborating further, he added that in Singapore, new contract wins amounting to RM462.8 million within the Healthcare Solutions division contributed to an encouraging order book, while additional wins in Taiwan (RM328.7 million) are also supporting the group's efforts to stabilise and strengthen its business performance. Commenting on its financial results ended March 31, 2025, Ahmad Fazril said the company is expected to return to profitability as early as the second quarter after recording losses in 1Q FY2025. He attributed the losses to cyclical factors. UEM Edgenta turned red in 1QFY2025, registering a net loss of RM17.95 million compared with RM9.77 million in the same quarter a year ago, while revenue declined to RM646.06 million versus RM677.6 million recorded previously.
The Star
29-05-2025
- Business
- The Star
UEM Edgenta secures order book worth RM1.1bil in 1Q25, bringing total to RM9.3bil
KUALA LUMPUR: UEM Edgenta Bhd has secured an order book worth RM1.1 billion in the first quarter ended March 31, 2025 (1Q FY2025), bringing the company's cumulative order book to RM9.3 billion as at March 31, 2025. Chief financial officer Ahmad Fazril Fauzi said the RM1.1 billion represents 39 per cent of the total order book secured in FY2024. "We secured RM2.8 billion for the whole of last year, and by the first quarter of this year, we have already achieved 39 per cent of that," he said during a virtual analyst and media briefing today. Of the RM9.3 billion order book, RM5.8 billion is contributed by infrastructure services, followed by healthcare solutions (RM2.5 billion), property and facility solutions (RM600 million), and asset consultancy (RM400 million). "We are bullish on the performance going forward, supported by the positive momentum of its international operations as we secured contract wins in key markets such as Saudi Arabia, the United Arab Emirates (UAE) and Singapore. "The group's operations in Saudi Arabia and the UAE achieved a strong 24 per cent year-on-year revenue growth, driven by effective integration efforts and the scaling of newly acquired entities" he added. Elaborating further, he added that in Singapore, new contract wins amounting to RM462.8 million within the Healthcare Solutions division contributed to an encouraging order book, while additional wins in Taiwan (RM328.7 million) are also supporting the group's efforts to stabilise and strengthen its business performance. Commenting on its financial results ended March 31, 2025, Ahmad Fazril said the company is expected to return to profitability as early as the second quarter after recording losses in 1Q FY2025. He attributed the losses to cyclical factors. UEM Edgenta turned red in 1QFY2025, registering a net loss of RM17.95 million compared with RM9.77 million in the same quarter a year ago, while revenue declined to RM646.06 million versus RM677.6 million recorded previously. - Bernama
