Latest news with #RM991
The Sun
08-07-2025
- Business
- The Sun
Johor appreciates RM991m water project, strengthening treated water distribution capacity
JOHOR BAHRU: Johor Regent Tunku Mahkota Ismail has expressed his appreciation following the approval of a new water supply infrastructure project worth RM991 million by Pengurusan Aset Air Bhd (PAAB), which will strengthen the treated water distribution system in the state. His Royal Highness said the approval of the 260 million megalitres per day (MLD) project was finalised through a Project Execution Letter dated July 7, 2025. 'The project will strengthen the capacity of the treated water distribution system, especially in the Johor-Singapore Special Economic Zone (JS-SEZ),' he said in a Facebook post today. The Regent also announced that Johor is targeting the construction of raw water infrastructure of 2,000 MLD that can meet the water needs of the entire state until 2060. According to him, this includes the Sungai Johor Riverside Water Reservoirs (TAPS) Project (200 MLD), the construction of the Sungai Sedili barrage and TAPS (600 MLD), and the Sungai Pontian barrage and TAPS (100 MLD), which have been approved under the 12th Malaysia Plan (12MP). 'This measure is expected to be able to support the water needs of the industrial, commercial. and domestic sectors for the medium and long term. Therefore, new investors do not need to worry about any water supply disruptions in the future,' the Regent said. - Bernama
New Straits Times
08-07-2025
- Health
- New Straits Times
Pasir Gudang Hospital must be fully staffed, says Johor Regent
JOHOR BARU: The Regent of Johor, Tunku Mahkota Tunku Ismail Sultan Ibrahim, called on the Health Ministry to immediately deploy health workers to the soon-to-open Pasir Gudang Hospital, amid persistent staffing shortages in the state's existing hospitals. Tunku Ismail said the hospital, which is expected to begin operation soon, must be fully staffed to meet the medical needs of Johoreans and relieve congestion at facilities such as Sultanah Aminah Hospital (HSA), Sultan Ismail Hospital (HSI) and Temenggong Seri Maharaja Tun Ibrahim Hospital. "I urge the Health Ministry to expedite postings and approvals for outstanding vacancies. Health services are not a luxury – they are a fundamental right," His Royal Highness said in a statement on Facebook today. At the same time, Tunku Ismail urged companies operating within the Johor-Singapore Special Economic Zone (JS-SEZ) to offer a minimum wage of RM4,000 to local graduates. "This is crucial to retain talent, ensure fair compensation, and address the long-standing brain drain in Johor," he said, adding that current employers should review their pay scales in line with rising living costs and the need for competitiveness. Tunku Ismail also called on the federal government to formulate a clear initiative to tackle the talent exodus from the state. On infrastructure, he welcomed the RM991 million water supply project approved by Pengurusan Aset Air Berhad (PAAB), which is expected to deliver an additional 260 million litres per day (mld) to Johor, particularly benefitting the JS-SEZ area. He said that long-term raw water infrastructure plans for up to 2,000 mld have also been approved under the 12th Malaysia Plan (RMK-12). These includes the Sungai Johor Riverside Water Reservoirs (TAPS) Project (200 mld), the Sungai Sedili Barrage and TAPS project (600 mld), and the Sungai Pontian Barrage and TAPS Project (100 mld). "These developments mean investors no longer need to worry about future water supply disruptions," he said, assuring that Johor is building the capacity needed to support its industrial and domestic growth up to 2060. "The well-being of Johoreans is my priority. I will not stop speaking out to ensure their voices are not lost in bureaucratic red tape," Tunku Ismail added.
The Star
03-06-2025
- Business
- The Star
Ta Win unit disposes of Klang property for RM44.5mil
KUALA LUMPUR: Ta Win Holdings Bhd via its wholly-owned subsidiary Tan Win Industries (M) Sdn Bhd has sold a 16,187sqm tract of industrial land and factory in Klang, Selangor, to Metal Recovery Industries Sdn Bhd for RM44.5mil. In a filing with Bursa Malaysia, the group said it had ceased operations at the property in November 2024 due to high operating costs and a failure to break even. While the land was valued at RM47.7mil, it said the disposal consideration was the highest offer received despite efforts to engage with multiple real estate agents. As the property is specifically tailored to Ta Win's copper wire and rod manufacturing, it is less appealing to buyers outside of the metal smelting industry. Ta Win added that the proceeds of the disposal will be used to settle a loan of RM18.72mil charged on the property, which incurs an annual interest cost of RM991,842.73. The remainder of the proceeds will go towards working capital ad covering estimates expenses related to the proposed disposal. Based on the book value of the property, Ta Win said the proposed disposal, expected to be completed in the second half of 2025, will result in a net loss of approximately RM3.6mil after deducting estimated incidental costs.
