SC issues new guidelines on offer of shares by unlisted public companies

KUALA LUMPUR: The Securities Commission Malaysia (SC) has issued new guidelines on offer of shares by unlisted public companies (UPCs) to sophisticated investors which will take effect on Aug 1, 2021. In a statement today, the SC said the guidelines aim to safeguard investors’ interest due to increased queries and complaints received by the SC […]

No charges for Covid vaccination at private facilities involved in immunisation programme

PUTRAJAYA: Individuals who get an appointment for Covid-19 vaccine injection at private hospitals or clinics involved in the National Covid-19 Immunisation Programme will not have to pay any charges, said National Covid-19 Immunisation Programme Coordinating Minister Khairy Jamaluddin. “The charges are borne by the government,” he told a press conference on developments involving the programme […]

Medac wants to help resuscitate more than 2,000 inactive cooperatives

KOTA BHARU: The Ministry of Entrepreneur Development and Cooperatives (Medac) has detected more than 2,000 inactive cooperatives from a total of 14,668 registered cooperatives nationwide, said Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar. Wan Junaidi said the Cooperatives Commission of Malaysia (CCM) would assist these cooperatives by providing them guidance and financial aid to […]

RM46K to enhance home-based teaching and learning programme in Nangka

SIBU: A sum of RM46,000 has been approved by the Nangka Service Centre to enhance home-based teaching and learning in the constituency. Education, Science and Technological Research Assistant Minister Dr Annuar Rapaee said previously, the programme in the area was ineffective causing some students to be left behind. “On Saturday I held a meeting using […]

Serba Dinamik’s private placement to fund future growth, reduce net gearing

KUALA LUMPUR: Serba Dinamik Holdings Bhd said its proposed private placement will enable the group to manage its liquidity and gearing levels to fund current operations and future growth. The global integrated engineering services provider today passed the resolutions for a proposed private placement involving up to 336.83 million shares. That represents about 10 per […]

Reaching out to needy of Kuching South

KUCHING: Many concerned and caring citizens of Kuching have come forward by raising fund to help the less fortunate, especially those under the Kuching City South Council (MBKS) who are greatly affected by the movement control order (MCO). The donation, in the form of cash and essential food items, came from respective individuals as well […]

Minister hopes more funds given

KUCHING: Datuk Seri Fatimah Abdullah has expressed hope that her ministry—Welfare, Community Wellbeing, Women, Family and Childhood Development—would be given more funds. She said the money would not just be for schools structure-wise but also for students in terms of welfare and education. “Hopefully under the new administration, there will be more allocations channeled to […]

School seeks much-needed funds

SIBU: Sacred Heart Old Students Association (Shosa)—one of the country’s most active school alumni—is seeking RM200,000 to repair and maintain various facilities in the school. Shosa president Yong King Sung said the main focus would be the repair and replacement of a 17-year-old sound and lighting system at the school hall, which was completed in […]

Where is the fund for electricity?

KUCHING: The federal government’s allocation for street lights along Jalan Puncak Borneo is only enough to build the infrastructures, said Padawan Municipal Council (MPP) chairman Lo Khere Chiang. He was addressing the lack of funding by the federal government for implementing the street light project along dark stretches from Jalan Kota Padawan to Kampung Annah […]

Chinese schools receive RM90K from state govt

MIRI: Three Chinese schools under Sibuti constituency on Thursday received grants totalling RM90,000 from the state government. Those schools were Tadika Cina Sungai Rait Bakam (RM35,000); SJK Chung Hwa Sibuti (RM25,000); and SJK Chung Hwa Sungai Lumut Sibuti (RM 30,000). The grants were presented by Sibuti MP Lukanisman Awang Sauni yesterday morning at their respective […]