Malaysian Paper www.thesun.my RM1.00 PER COPY RM1 WEDNESDAY FEB 21, 2024 SCAN ME No. 8463 PP 2644/12/2012 (031195) Two-thirds of SPM leavers opt to work Code of ethics for journalists launched Report on hpage 3 Outlining eight fundamentals, guideline aimed at promoting professionalism and integrity of media as source of trusted news and information. Tendency will continue in tandem with global trends in which those aged 18 to 24 prefer to gain job experience before pursuing higher education: Educationist Report on hpage 6 Blitz on litz on shadow economy economy Inland Revenue Board going after unregistered, unlicensed businesses that evade tax by hiring part-time staff, paying salaries and conducting transactions in cash to avoid reporting income. Report on hpage 2 - Report on page 4 Mental condition link to baby in car deaths Psychologists say phenomenon of parents forgetting child in parked vehicle similar to memory lapses involving misplaced items or tasks not done, due to stress, sleep deprivation and change of routine. Experts say such cases could be attributed to ‘Forgotten Baby Syndrome’. – ADIB RAWI YAHYA/THESUN
WEDNESDAY | FEB 21, 2024 2 Inland Revenue Board cracks down on shadow economy oE-commerce growth has resulted in individuals, businesses conducting cash transactions, leading to tax evasion, says IRB director PETALING JAYA: The Inland Revenue Board (IRB) is cracking down on unregistered and unlicensed individuals as well as traders who avoid paying taxes by running e-commerce businesses without recording sales and purchase transactions. Its director Noraini Mustafa told theSun that e-commerce growth has created a shadow economy where these individuals and businesses conduct transactions in cash, leading to leakages in tax collection. “The shadow economy is composed of unregistered and unlicensed businesses that evade tax by employing part-time staff, paying salaries and conducting transactions in cash to avoid reporting income, and paying taxes.” Malaysia’s e-commerce market size is estimated to be RM51.37 billion this year and will reach RM100.30 billion by 2029, with a compound annual growth rate of 14.32%. Noraini said to combat the problem, the IRB had earlier implemented the e-invoice system which promotes transparency in tax reporting, overcoming the shadow economy and providing risk assessment for more accurate compliance. “In addition, the use of the Tax Identification Number, which was made mandatory in 2022 for individuals aged 18 and above, is expected to help tackle the challenges presented by the shadow economy.” Noraini said the IRB has also established a special unit known as the Section Digital Economy Audit to monitor and track entities that are suspected of not complying with tax laws. “Digital entrepreneurs and companies that run e-commerce businesses are most commonly monitored by the unit,” she said, adding that the IRB has to be proactive in addressing tax collection and compliance issues as they affect the national coffers. She said the board is currently studying various methods to deal with tax evasion, including carrying out surprise inspections and tightening enforcement. Noraini said as part of this move, data sharing and collaboration between agencies and the government is ongoing to detect and prevent illegal activities. She added that the IRB is also strengthening efforts to improve law enforcement as well as fight organised crime and illegal trading. She said to keep up with modern times, it is also promoting the use of digital payments and electronic transactions to increase transparency and traceability. “We aim to simplify the rules and procedures to reduce the burden on legitimate businesses, promote compliance as well as increase public education and awareness campaigns to encourage tax compliance and discourage illegal activities.” Noraini added that on Jan 1, the IRB introduced an initiative to digitalise services with the implementation of e-services entirely via the MyTax application. She said to encourage more people to declare their income tax, the board is continuously providing the community with tax education as a main focus to help facilitate the process of tax reporting while increasing the compliance rate among the people. “We strive to ensure a culture of voluntary compliance, where people come forward and directly report their taxes through the Self Assessment System introduced in 2004, based on the concept of ‘report’, ‘assess’ and ‘pay’. “We engage with various associations, chambers of commerce and industry players to reach out to their members to improve their understanding of tax regulations and responsibilities. “Apart from this, we also have the Eduzone platform, which serves as a gateway to tax education for newcomers. It can be accessed through our official portal at mytax.hasil.gov.my.” The King receiving the unique number plate from Loke at Istana Negara in Kuala Lumpur yesterday. – PIC COURTESY OF ROYAL PRESS OFFICE Work towards sustainable humane economy: PM KUALA LUMPUR: The government has urged academicians, financial institutions and regulatory bodies to work together to realise the vision of the future and a sustainable humane economy, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar, who is also finance minister, said this collaboration must be met with an “ummatic” commitment to help realise the vision for a better future. “Academicians must continue to push the boundaries of knowledge, align the theoretical and ethical dimensions of Islamic economics and develop practical applications aligned with core Madani principles. “Meanwhile, financial institutions must integrate these principles into core structures and decision-making processes, and ensure that their products are equitable and accessible,” he said in his speech at the International Conference on Islamic Economics and Finance yesterday. Anwar said regulatory bodies must create enabling frameworks for innovation that incentivise and reinforce ethical conduct and not mere legalistic compliance. He said the government aims to promote a new method of civilisational development guided by the Madani economy principles. He said the Madani concept introduced by the government puts forward an economic framework based on six principles, namely sustainability, care and compassion, respect, innovation, prosperity and trust. “Guided by these principles, we aim to promote a new method of civilisational development, one that goes beyond mere economic data and statistics that do not resonate with the ordinary man.” – Bernama Malaysia, Germany to strengthen defence ties KUALA LUMPUR: Malaysia and Germany are committed to strengthening defence ties, cooperation and diplomacy, according to a Defence Ministry statement. The commitment was expressed during Defence Minister Datuk Seri Mohamed Khaled Nordin’s bilateral meeting with his German counterpart Boris Pistorius, during his official visit to Germany from Feb 15 to 18, the statement added. “The defence minister’s official visit to Germany was vital in ensuring that the defence cooperation between Malaysia and its partners is strengthened. “The matter (defence ties) is in line with the National Defence Strategy’s third pillar, credible partnerships, as contained in the Defence White Paper,” the ministry said. The bilateral cooperation will include joint training, exposure training for Malaysian Armed Forces personnel and the development of the local defence industry. Mohamed Khaled and his delegation also joined the Munich Security Conference (MSC) from Feb 16 to 18. The MSC is the highest security conference that has been organised by Germany since 1963, involving the participation of defence ministers, armed forces chiefs and government leaders from Europe and other parts of the world. “The MSC, which celebrates its 60th anniversary this year, has become a vital international platform for exchanging ideas on international security policies.” Mohamed Khaled also took the opportunity to meet Singapore Defence Minister Dr Ng Eng Hen to discuss regional strategic issues and bilateral ties. The ministry added that Malaysia and Singapore are committed to boosting Asean’s role in the context of defence and would continue to uphold their roles through the Asean Defence Ministers Meeting. “Mohamed Khaled also met with his Canadian counterpart Bill Blair, and discussed various issues and defence aspects, including defence diplomacy, the effects of climate change and potential future relations between Canada and the Asean region.” The minister and his delegation also visited the offices of Brainlab AG and met with the Rheinmetall group of companies. – Bernama King secures ‘GOLD 1’ number plate KUALA LUMPUR: The “GOLD 1” vehicle number plate belongs to His Majesty Sultan Ibrahim, King of Malaysia, who secured it through a winning bid of RM1.5 million, setting a new record for the highest amount ever garnered for a single vehicle registration plate in the country. According to the post on Sultan Ibrahim’s Facebook page, the bidding proceeds would be channelled to the federal government. Earlier, His Majesty granted an audience to Transport Minister Anthony Loke Siew Fook at Istana Negara. During the audience, Loke presented the “GOLD 1” number plate to His Majesty Sultan Ibrahim. The bidding for the “GOLD” special registration series for motor vehicles, launched in conjunction with the Golden Jubilee anniversary of Federal Territory Day, was open to the public from Feb 1 to Feb 5. Loke had previously stated that the bidding process for the number plate series sought to increase national revenue, adding that the Transport Ministry would receive 50% of the earnings. – Bernama █ BYALLEN WONG [email protected]
WEDNESDAY | FEB 21, 2024 3 Govt to send TVET students overseas TOKYO: The government intends to send Malaysian students for Technical and Vocational Education and Training (TVET), in line with the Look East Policy 2.0. Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the plan is among measures to empower the country’s TVET sector after the government expressed its desire to send more Malaysian students to take up TVET in Japan and South Korea. “I am confident the intention of the prime minister is also to send students from Malaysia to China (for studies in) several high technology fields. “Look East Policy 1.0 did not include China. But today they are almost as advanced, if not more advanced, than Japan and South Korea,” he told Malaysian media on Monday after visiting the Tokyo National Institute of Technology (Kosen) to learn more about its model. The Kosen approach stresses on the concept of learning TVET comprehensively by providing a five-year learning path for students who choose TVET from as early as 15 years old. In a gathering with about 70 Malaysian students in Japan, Ahmad Zahid said more local students will be sent to study TVET abroad, in line with the government’s efforts to strengthen the country’s TVET sector. Ahmad Zahid, who is on a seven-day working visit to Japan, said the National TVET Policy is expected to be presented to the Cabinet next month before being launched on June 2 in conjunction with National TVET Day, adding that the main framework of the policy is ready and the TVET secretariat is updating the information obtained. He also said the secretariat has distributed the policy to 12 ministries, the Attorney General’s Chambers and several other agencies to get their views. Currently, Malaysia has 1,345 TVET institutions, with a 92.5% graduate employability rate. Ahmad Zahid, who is also Rural and Regional Development minister, said the framework would be a guide for TVET programmes nationwide to be adapted to meet the needs of the industry. “This policy will also be enacted to increase the marketability and competitiveness of the workforce, in addition to laying the foundation for sustainable economic growth and national prosperity,“ he said. – Bernama Digital tech platform for Bumiputeras PUTRAJAYA: The Bumiputera Economic Congress scheduled from Feb 29 to March 2 is the right platform for Bumiputeras to explore new economic opportunities, especially in digital technology, to strengthen the halal industry in Malaysia, Bernama reported. Islamic Chamber of Commerce of Malaysia president Mohammad Sahar Mat Din said Bumiputera entrepreneurs need to focus on the digital technology-driven economy sector, which is burgeoning at the moment. “If we look at today’s new market, it is an economy undergoing digital transformation, which is a new leap. If we look at it in general, the statistics show a 23% increase in the growth of this digital economy. “The companies that dominate the market today are technology-based companies like Apple and Amazon. So too in the context of the Malaysian economy, it’s the same, which is that the fastest growing are technology-based companies,” he said. On Feb 14, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the event will delve into new technologies and economic opportunities to empower Bumiputeras. Media council Bill draft in final phase PUTRAJAYA: The Communications Ministry is in the final phase of preparing a draft of the Malaysian Media Council (MMC) Bill. Communications Minister Fahmi Fadzil said the process to establish the council took some time as it involved consultation with the Attorney-General’s Chambers and needed to be considered and decided upon by the Cabinet. “Insha-Allah (the establishment of the council) will be concluded in the not too distant future,” he said at the launch of the Malaysian Code of Ethics for Journalists yesterday. Fahmi also reiterated the government’s commitment to safeguarding the welfare of the media in the country. He said a meeting was held with Human Resources Minister Steven Sim to ensure the welfare of stringers (freelance journalists) is protected through the Employees Provident Fund and the Social Security Organisation. – Bernama AI module for news industry needed: Minister PUTRAJAYA: The Communications Ministry has called on the Malaysian Press Institute to design a specific module or programme on the use of artificial intelligence (AI) to benefit the media industry. Minister Fahmi Fadzil said the module could help streamline the news production process and identify deepfakes, which involves the misuse of content and AI to spread false news. “I hope in the not too distant future, we can have a specific module and we can invite our media friends to attend it,” he told reporters after launching the Malaysian Code of Ethics for Journalists yesterday. On whether he thinks the jobs of journalists would be made redundant with the advent of AI, he said: “I don’t think so”. “AI cannot go down to the ground and speak to the people. We acknowledged that AI has some good capabilities, but if you were to compare AI preparing a report versus humans, AI can maybe get it to about 60%. “There will be a lot of loopholes and shortcomings that can only be filled with human minds. I think especially when it comes to this rapportage and analyses, there are many different disciplines in journalism that we cannot yet replace with something like AI,” he said. Fahmi also stressed the need to curb the spread of fake news and the importance of disseminating accurate information to the public, adding that there should be an effort to raise awareness so that the public can identify if news or information is false. “Therefore, I see the Code of Ethics for Journalists as part of the government’s overall effort to shape a culture that is not only concerned with the truth but also fair to journalists.” – Bernama ‘Moral compass’ for journalists launched PUTRAJAYA: The Malaysian Code of Ethics for Journalists is a guideline for media agencies to carry out their duties, thus promoting professionalism and integrity of the media as a source of news and information trusted by the people. It was developed by the Communications Ministry through the Information Department and launched yesterday by Communications Minister Fahmi Fadzil. The guide outlines eight fundamental ethics that underscore the responsibilities and standards expected of journalists. These include being the voice of a plural society, being transparent and having integrity, fairness in conveying information, validity and accuracy of information, independence from personal interests and protecting the privacy and confidentiality of sources. Journalists are also required to have an understanding of the laws and policies relevant to their profession and to give priority to continuously improving their journalistic skills. Fahmi said the new version of the code of ethics has been refined with input from journalist representatives and media organisations, taking into account the role of the media without interfering, controlling or restricting freedom in news reporting. “However, there is no absolute freedom for any individuals or organisation to publish false statements. In this context, existing laws are adequate to safeguard public order,” he said. He also reminded journalists and media organisations to be responsible in disseminating accurate information as they also play a role in fostering prosperity and harmony, in line with Malaysia Madani values. Fahmi underscored the code of ethics as an official document serving as a source of authority and reference for the issuance and Fahmi obliging staff with a wefie during an event yesterday at the Tun Abdul Razak Institute of Broadcasting and Information in Taman Bukit Angkasa, Kuala Lumpur. – ADIB RAWI YAHYA/THESUN oCode of ethics developed by govt to serve as guide on responsibilities, standards expected of media revocation of media accreditation cards. These accreditation cards, issued by the Information Department, serve as identity documents for staff affiliated with registered agencies and media organisations, Bernama reported. He said as of Feb 16, a total of 9,750 media staff hold accreditation cards and representing 152 establishments, with four being official government media agencies, 38 local organisations, 60 online firms and 50 international entities. “I hope media practitioners will continue to dedicate themselves to positive journalism for the betterment of our people and nation,” he said, adding that the government remains committed to ensuring media freedom in disseminating information and news without interference from stakeholders. Malaysia ranked 73rd out of 180 countries in the 2023 World Press Freedom Index released by Reporters Without Borders. “The uniqueness of the media landscape in Malaysia is not subject to assessment based solely on Western media standards. “Our media practitioners always navigate within the country’s context, adhering to existing laws. “This reflects the dynamic nature of information delivery by journalists. In this era of modernisation, methods of disseminating information are continuously evolving.”
WEDNESDAY | FEB 21, 2024 4 READ OUR HERE /thesun Malaysian Paper ‘Negligence may not be factor in child car deaths’ parking area in Cheras. The mother claimed she thought she had dropped her child off at a childcare centre before going to work, but instead, she absent-mindedly drove to her workplace. In a third case the same month, a 16-monthold toddler died after being found unconscious in a car at a public university in Kuala Nerus, Terengganu. She was left behind by her father who claimed to have forgotten to send her to the childcare centre before heading to work at the same university. Consultant paediatrician and child-disability activist Datuk Dr Amar-Singh HSS said leaving a child in a vehicle causes heat stroke, leading to such fatalities. Amar said young children are far more sensitive to heat than adults because they have a relatively larger exposed body surface area, and their sweating mechanism is not as well developed. “All it takes is less than 20 minutes in direct sunlight inside a closed vehicle to kill a child since the body temperature could rise three to five times faster than adults.” He said while death is often the result, other potential consequences of being left in the car for extended periods include brain swelling, multi-organ bleeding and death of the cells in the body tissue. “Such deaths could also happen when a child under five years falls asleep in a car that’s being driven. If a ‘break in routine’ occurs, the parent could unintentionally leave the child in the vehicle while attending to urgent matters or work. “If we listen to the parents’ stories, one would realise that we are not that different from them, and that such incidents could happen to us as well. “Most of the affected parents suffer long-term guilt and have difficulty forgiving themselves.” Amar said parents should keep an important item in the back seat with their child, such as a handbag, mobile phone or shoes as a reminder, or keep an object in the front seat to remind them of their child. Make it a habit to check the car each time when alighting from it. Amar said the government must tackle FBS by meeting car manufacturers to request additional safety measures for children ferried in cars. “While FBS incidents do not happen in Malaysia daily, each death is still a tragedy and will not disappear without government-led change.” The negligence of leaving a child in an unattended vehicle is an offence under Section 31(1)(a) of the Child Act 2001, and carries a fine of not more than RM50,000 or imprisonment of not more than 20 years or both. LIFE-SAVING SKILLS ... Participants taking part in activities at the 24th Conference and Exhibition on Occupational Safety and Health at the National Institute of Occupational Safety and Health in Kuala Lumpur yesterday. – ADIB RAWI YAHYA/THESUN oParents could be suffering from ‘Forgotten Baby Syndrome’ caused by stress, sleep deprivation: Experts Govt boosts support for street children education KUALA LUMPUR: The government, through the Federal Territories Islamic Religious Council, is intensifying efforts to support classes organised by Pertubuhan Jejak Jalanan for street children, especially in the Chow Kit area, to ensure they have equal access to educational opportunities. Minister in the Prime Minister’s Department (Religious Affairs) Datuk Dr Mohd Na’im Mokhtar emphasised the government’s commitment to safeguarding the welfare of the underprivileged. “This is my promise. Together with the council acting chief executive officer Datuk Mohd Nizam Yahya, we will support and collaborate with Pertubuhan Jejak Jalanan. “We will work together to ensure that these children receive the best education like their peers,” he said after visiting Chow Kit on Monday night. The council will offer assistance for rental of premises, provision of books, allowance for volunteer teachers, providing free tuition and adding more teachers to adequately meet the children’s educational needs. Pertubuhan Jejak Jalanan head activist Azhan Adnan, 54, said the organisation holds classes under the streetlights for underprivileged children in open spaces such as the compound of Menara Raja Laut and a parking area in front of a mamak restaurant. A group of four volunteer teachers conduct classes on academic subjects including Bahasa Malaysia, English, Science and Mathematics four times a week. – Bernama Archives initiative to safeguard national treasures MALACCA: The National Archives of Malaysia is set to roll out the “Community Archives” programme as part of its effort to empower the community’s role in safeguarding national treasures. National Unity Minister Datuk Aaron Ago Dagang said the initiative aims to collect all documents and materials related to the country’s history. “This is our new aspiration because there are still a lot of materials pertaining to community history and events dating back to the pre-independence era, such as during the British colonial period that have yet to be extensively collected. “We will strive to gather as many historical materials as possible from notable figures, individuals and communities. They would be brought to the archives as reference materials,” he said after officiating at the Knowledge Discourse at the Independence Declaration Memorial here yesterday. The event was in conjunction with the Independence Declaration of the Federation of Malaya and the launch of the book KarTunku 1957-1963: Lakaran Eksklusif Bapa Kemerdekaan, Bapa Malaysia. Also present were National Unity Deputy Minister K. Saraswathy and state Health, Human Resources and Unity Committee chairman Ngwe Hee Sem. Aaron said the national archives is working to bring back national historical materials from abroad. – Bernama RM290m for maintenance of roads, buildings KUALA LUMPUR: A sum of RM293.7 million has been allocated to Johor this year for works to maintain roads, slopes and federal buildings, said Works Minister Datuk Seri Alexander Nanta Linggi. He said under the 12th Malaysia Plan, 11 projects were approved for the state involving a cost of RM2.14 billion. “This is the cordial cooperation between the federal and state governments to ensure the safety and comfort of the people under Malaysia Madani,” he said in a post on his official Facebook page. The message was shared following Johor Menteri Besar Datuk Onn Hafiz Ghazi’s visit to the Works Ministry headquarters here. Nanta said discussions related to federal road infrastructure and development projects were among the main focus of the visit. “During the meeting, I also expressed my desire to the Johor government to expand the implementation of the MyJalan programme to Johor Darul Ta’zim.” – Bernama KUALA LUMPUR: There have been numerous cases of babies and toddlers who died after being left behind in cars by absent-minded parents. While one is tempted to blame the parents for being negligent over the safety of their children, they could be suffering from “Forgotten Baby Syndrome” (FBS). The US National Institute of Health defines FBS as the phenomenon of forgetting a child in a parked vehicle. Psychologists suggest that it is functionally similar to forgetting keys in a car or forgetting to post a letter. Caused by common factors such as stress, sleep deprivation, and a change in routine, FBS is growing in numbers in the US and causing significant repercussions for the parent involved, the family and society. In the most recent case in Malaysia on Feb 1, a five-year-old girl died after being found unconscious in her mother’s car at the Shah Alam Hospital parking area where she was left for four hours. In October last year, an eight-month-old infant was found dead after she was left in her mother’s car for almost 10 hours at a hospital █ BY QIRANA NABILLA MOHD RASHIDI [email protected] Repairs ongoing at ‘waterfall route’ KOTA KINABALU: The Sabah Public Works Department (PWD) has raised warning signs and carried out immediate maintenance work at Km104.43, Maliau Basin, along the Sapulut-Kalabakan stretch, after reports on social media describing the road as resembling a “seven-tier waterfall”. In a statement on its official Facebook page, PWD Sabah said the location of the road is outside the scope of routine maintenance due to its damaged road structure. It plans to downgrade the section of the road to a gravel-like surface while formulating permanent repair proposals through periodic works scheduled for this year using the “Cold in-Place Recycling” method. The department also said three areas along the Sandakan-Tawau Road will be downgraded to gravellike status to reduce hazards for road users. It added that the concessionaire has been instructed to provide water trucks to reduce dust in that section of the road, particularly during the dry season. – Bernama
WEDNESDAY | FEB 21, 2024 5 More school leavers opting for work experience oTrend of delaying higher education driven by hiring practice of companies that prioritises job exposure competencies PETALING JAYA: A total of 170,000 Sijil Pelajaran Malaysia candidates pursued further education in 2019 while 390,000 of the 560,000 candidates that year left for the job market, said the Statistics Department in its latest figures on the matter. National Association of Private Educational Institutions secretary-general Dr Teh Choon Jin said this tendency will continue in tandem with global trends, in which those aged 18 to 24 drop out of school to gain working experience before returning to their studies through open and distance learning (ODL). “They are motivated by the desire to gain experience as companies prioritise hiring based on individual competencies and experience. “Students with working experience can also better relate their classroom theories with practical experience at the workplace, unlike those that further their education directly.” Teh said most school leavers only start seeking higher qualifications after working for some time as additional paper qualifications will help them get promoted at work. Hence, he said universities in the country should allow students to gain qualifications based on their work experience and integrate this into the curriculum through close collaboration with industry partners. “The Malaysian Qualifications Agency (MQA) has made changes to the Malaysian Qualifications Framework to provide credits for work experience and experiential learning by evaluating and accrediting programmes across public and private educational institutions. “Through such stringent standards and regular audits, the MQA protects employers from unqualified graduates and students from inadequate education.” Teh said students who undergo ODL programmes can study at their own pace as this helps them balance work commitments with studies, where courses are designed on a modular basis so they can complete their education within a given timeframe. He said tertiary institutions could also partner with the Human Resource Development Corporation (HRDC) to develop programmes for employees who wish to study part-time due to financial constraints. “Such initiatives will allow employees to be seconded for training, reskilling and upskilling, which will maximise the value of their contributions to employers. “Employees can also have the option to use their Employees Provident Fund savings to finance their future educational journeys. If they are employed by a company that contributes to the HRDC levy, they can coordinate with their employers to cover their fees through the claimable levy,” he said. LeapEd Services executive director Nina Adlan Disney said tertiary institutions must consider students as core stakeholders, adopt a student-centric approach to their learning experiences and ensure their curriculum prepares them for employment. She said the institutions must cater to students who move away from the traditional path and ensure they acquire the skills demanded in the job market, apart from being more flexible to mature students who return to their studies after having worked for a spell. “They should welcome a more diverse student body and leverage their age and experience as part of the learning process,” she said. Bachelor of Business Administration (BBA) student Syazana Najwa Khairudin, 25, who works as an assistant social media manager at a dental clinic, said her working experience allowed her to actively participate in class discussions. “This makes it easier to apply the concepts I learned at university to real-life scenarios. “It is an advantage to my academic pursuit because my learning experience is enriched with theory and practice.” Stern action on copyright violations KUALA LUMPUR: Astro intends to take stern action against anyone found guilty of streaming or showing its copyrighted content, said its chief sales and marketing officer Tai Kam Leong. He noted that the company welcomed the positive outcomes of legal and enforcement actions against commercial establishments and individuals who have been conducting such illegal activities. “Piracy deeply hurts our ability to keep serving fans of our content and erodes our ability to make further investment in premium content for Malaysians,” he said in a media statement. Astro’s civil suits include those against a food and beverages outlet and a boutique hotel in Cameron Highlands, in which both enterprises agreed to pay Astro a total of RM55,000 in damages, issue a public apology in the media and to stop infringing on Astro’s copyright. Both outlets have also agreed to an Astro commercial subscription worth RM53,000 in total. “Astro’s civil claims against these outlets were based on the precedent set by the High Court’s landmark ruling that it secured with the Premier League in November 2022, which made it clear that it is illegal for commercial premises to show content to the public from unauthorised sources, including Astro broadcasts without the appropriate commercial licence,” he said. – Bernama Man arrested over hung wife, daughters SEREMBAN: Police have arrested a technician aged 30, for investigation following the discovery of the bodies of his wife and two daughters hanging from a fan in a house in Lenggeng, Nilai on Monday. Nilai district police chief Supt Abdul Malik Hasim said the man was arrested at about 1am yesterday after police were alerted to the discovery of the three bodies. He said the Lenggeng police station received a call from a man who informed that a woman and two children were found dead in a housing estate at 9.25pm on Monday. “The result of the investigation found that the woman, aged 34, and the two children, aged six and three, were found hanging from a fan in a house,” he said in a statement yesterday. He added that a suicide note was also found at the scene. The bodies were sent to the Forensic Division of Tuanku Ja’afar Hospital for an autopsy. – Bernama Foreigner lost in national park rescued BALIK PULAU: A French man got lost for more than eight hours during a hike at the Penang National Park in Teluk Bahang before he was rescued yesterday. A spokesman at the Operations Centre of the Malaysian Fire and Rescue Department in Penang said the department received an emergency call from Younes Oukali, 37, at 6.07pm on Monday informing that he was lost. Following that, he said, a search and rescue operation was mounted for the victim. “The victim could be contacted on his mobile phone and this facilitated the search,” he said when contacted yesterday. He said the French man was rescued at 1.22am yesterday and then sent to a hospital for further examination. A total of 17 firefighters from the Balik Pulau Fire and Rescue Station were involved in the search and rescue operation. – Bernama Woman acquitted of exploiting man for begging SEREMBAN: The Sessions Ccourt yesterday acquitted and discharged a female taxi driver of the charge of exploiting a man by using him for begging three years ago. Judge Datin Surita Budin made the decision after the prosecution failed to establish a prima facie case against Nurul Hidayah Md Nor, 32, at the end of the prosecution’s case. “Therefore, the accused is hereby acquitted and discharged without having to be called to enter defence. “In his sworn testimony, the victim said he voluntarily begged for alms in public places without any coercion from the accused or any other party. He engaged in this activity after leaving his family home because his father refused to support him,” the judge said. Surita said every alms collected was fully utilised by the man and even after the police report was filed he continued begging on the street, demonstrating that the activity was unrelated to the accused. On April 8, 2022, Nurul Hidayah pleaded not guilty to the charge of trafficking and exploiting the 27-year-old man under Section 27(c) of the Minor Offences Act 1955 by asking him to beg for alms in public places when he was capable of doing other jobs. The act was allegedly committed in Seremban and Senawang between May and Nov 7, 2021, an offence under Section 12 of the Anti-Trafficking in Persons and AntiSmuggling of Migrants Act 2007, which provides a jail term of up to 20 years or a fine, or both. The trial began on Jan 9 last year with a total of eight witnesses called in to give their statements. – Bernama █ BYQALIF ZUHAIR [email protected] SHOW OF METTLE ... Participants being flagged off during the Hero Perak 2024 Endurance Test yesterday at the General Operations Force Camp in Ulu Kinta, Perak. – BERNAMAPIC
WEDNESDAY | FEB 21, 2024 6 @thesundaily FOLLOW ON Malaysian Paper INSTAGRAM Or download app on the AppStore or Google Play ENJOY A SEAMLESS READING EXPERIENCE. Read our iPaper at https://www.thesun.my/ Quest to promote M’sia, green practices KUALA LUMPUR: Katiravan Subarayan, 63, who set on a journey to 106 countries in early January last year, has travelled to more than 32 countries so far. Riding his BMW R 1200cc GSA motorcycle, the former electrical and maintenance manager from Malacca is on a quest to create environmental awareness and promote Malaysia. During a phone interview, Katiravan, who was staying at a hostel in Kingston, Jamaica, said he has visited countries such as Singapore, Indonesia, Timor-Leste, Australia, Japan, South Korea, Russia, Canada, Alaska, the US and Cuba. “I use Google Translator to communicate. I (initiate) discussions about the impacts of global warming, while also highlighting positive aspects and the beauty of Malaysia.” Katiravan said he also spoke to people he met on the coexistence of multi-ethnicities and diverse religions in Malaysia He said many were fascinated by the success of the country in promoting unity and harmony among its diverse communities, adding that Malaysians were also connected by the ability to communicate in a common language – Bahasa Malaysia. Katiravan found many of the people he encountered had little to no knowledge of Malaysia. As such, they were surprised when he shared details about the country, particularly on the affordability of fuel and the reasonable cost of living. “After travelling through Europe, I shipped my bike to London, then proceeded to Canada and eventually reached Alaska. “Descending to North America, I journeyed through the US, where oSolo traveller plans to visit 106 countries on motorcycle while speaking to locals on environmental issues and multi-ethnic beauty of homeland I met many kind people who helped me plant 20 trees as I travelled across 28 states in 82 days on my motorcycle.” Continuing south to Mexico, Katiravan added five more trees to his environmental initiative. He left his motorcycle in Mexico before leaving for Cuba, where he spent some time planting two more trees with individuals from the Malaysian embassy. After Cuba, he headed to Jamaica, where he planted three trees, and returned to Mexico to retrieve his motorcycle, continuing the next phase of his journey through the South American continent. Beyond South America, his plans include a flight to the African continent, where he will land in Cape Town, South Africa, and ride across the continent to Egypt, Jordan, Saudi Arabia and every Arab country. Despite reaching out to various organisations and presenting his mission to them, many doors remained closed, Bernama reported. However, Katiravan decided to dip into his own savings to finance his journey by selling a property in Kepong after consulting with his children and wife. After exploring Middle Eastern countries, he aims to ride through Turkey, Central Asian countries, India, Bangladesh, Myanmar, Thailand, Laos, Cambodia and Vietnam, eventually making his way back to Malaysia. He anticipates the extensive route would take approximately 12 months to complete, before returning home by early 2025. Free snacks, drinks at Penang hiking trail rest station GEORGETOWN: For nearly 30 years, hikers in Penang have been enjoying rusk (dried biscuit), black coffee, Chinese tea and warm water without needing to pay. The free items are available at Moon Gate Station Five, located on a slope near the Penang Botanic Gardens, one of the most popular hiking stations, with more than 200 visitors on weekends and public holidays. Many hikers throng the station daily, including politicians such as former chief minister Lim Guan Eng and his family, Sungai Pinang assemblyman Lim Siew Khim, former state exco member Datuk Dr Teng Hock Nan and former DAP chairman Lim Kit Siang, who was a regular at the rest station several years ago. Moon Gate Point 5 Hiking Club president Tang Chee Yeong, 60, said there were no plans to Hikers enjoying free rusk and drinks at Moon Gate Station Five. – MASRY CHE ANI/THESUN █ BYK. SUTHAKAR [email protected] impose any payment despite the present rising cost of living. “I believe we are the only rest station in the country that provides rusk and drinks for free to all hikers. “At other places, it is only served to members or people who request for it.” Retired businessman Tang said the club spends about RM3,000 a month for coffee powder, sugar, rusk, Chinese tea leaves and cooking gas, adding that a decade ago, it only cost about RM700. Tang said many hikers loved the coffee, which is a special blend of butter, sesame seeds and oats produced by the Sin Liew Kee coffee factory located near the Tun Dr Lim Chong Eu Highway, and the rusk is bought from the Ban Joo Lee biscuit shop in Pulau Tikus. He said the club also organised gatherings, attended by about 1,000 hikers, on May 5 annually and proceeds are used to fund the operation costs for the rest station, including providing rusk and drinks. “Last year, we charged RM80 per head. The tables for the eight-course Chinese dinner and halal food are always fully booked in advance,” he said, adding that in August 2021 during the pandemic, the club provided food hampers worth more than RM20,000 to 457 poor families. Tang said the hampers, that cost about RM50 each, were distributed to those living in low-cost housing schemes in Rifle Range, Paya Terubong, Kampung Melayu and other areas. “We also raised RM71,000 through donations and the sale of T-shirts, priced at RM50 each, to help our two volunteers and a member (who were injured). “One sustained head injuries after a road crash and needed surgery. Another sustained a right tendon shoulder tear and needed surgery as well. Another had a wrist injury.” He also said they sold 760 T-shirts featuring the club logo and an image of a dragon to represent the new year. He said 10 volunteers who are mostly retirees, including three women, manage the station, including four who take turns to prepare food and drinks between 4pm and 7pm daily.
WEDNESDAY | FEB 21, 2024 7 Taiwan acts to reduce tension TAIPEI: The boarding of a Taiwanese tourist boat by China’s coast guard near sensitive frontline islands triggered “panic” among Taiwan’s people, a government minister said yesterday, but Taiwan’s military added it was not planning to get involved. Taiwan, which China claims as its own territory despite the island’s rejection, has been wary of efforts by Beijing to ramp up pressure on Taipei following the election last month of Lai Ching-te as president, a man Beijing views as a dangerous separatist. China announced on Sunday that its coast guard would begin regular patrols and set up law enforcement activity around the Taiwancontrolled Kinmen islands, following the death of two Chinese nationals fleeing Taiwan’s coast guard having entered into restricted waters too close to Kinmen. Six Chinese coast guard officers on Monday boarded a Taiwanese tourist boat carrying 11 crew members and 23 passengers to check its route plan, certificate and crew licences, leaving around half an hour later, Taiwan’s coast guard said. “We think it has harmed our people’s feelings and triggered people’s panic. That was also not in line with the interest of the people across the strait,” said Kuan Bi-ling, head of Taiwan’s Ocean Affairs Council. China’s coast guard, which has no publicly available contact details, has yet to comment. China’s Taiwan Affairs Office did not immediately respond to a request for comment. Kuan said it was common for Chinese and Taiwanese tourist boats to accidentally enter the other side’s waters. “Boats like these are not illegal at all,” she said. Kinmen is a short boat ride from the Chinese cities of Xiamen and Quanzhou and has been controlled by Taipei since the defeated Republic of China government fled to Taiwan in 1949 after losing a civil war with Mao Zedong’s communists, who set up the People’s Republic of China. Kinmen is home to a large Taiwanese military garrison, but it is Taiwan’s coast guard which patrols its waters. Taiwan Defence Minister Chiu Kuo-cheng said that to avoid a further rise in tensions the military will not “actively intervene” in the incident. – Reuters B R I E F SFIRM COMPENSATES FORCED LABOUR VICTIM SEOUL: The family of a South Korean man forced to work for a Japanese company during Japan’s 1910-1945 occupation has received money from the Japanese firm he worked for, marking the first time a forced labour victim has secured such funds in a legal case. South Korea’s Supreme Court has upheld a series of rulings ordering Japanese firms to compensate its citizens who were forced to work for them, drawing protests from Japan, but until now Japanese firms have refused to pay compensation. Tokyo says the rulings for compensation violate diplomatic agreements aimed at resolving the issue. The family of the South Korean, who died in 2019 and was identified only by his surname Lee, received a deposit of 60 million won (RM21,469) from Hitachi Zosen, the family lawyer said yesterday. – Reuters N. KOREAN LEADER RECEIVES RUSSIAN CAR SEOUL: Russian President Vladimir Putin has gifted North Korean leader Kim Jong Un a Russian-made car as the two countries bolster ties in areas from tourism to defence. Kim was “presented with a car made in Russia for his personal use by Vladimir Vladimirovich Putin, president of the Russian Federation”, Korean Central News Agency reported yesterday. Kim’s powerful sister, Yo Jong, said the “gift serves as a clear demonstration of the special personal relations between the top leaders” of the two countries. The report did not specify the vehicle’s model. Kim is renowned for his affinity for lavish automobiles. – AFP S. Korean trainee doctors protest medical reforms SEOUL: South Korean hospitals turned away some patients and delayed surgeries yesterday as hundreds of trainee doctors stopped working in a protest against medical training reforms. Almost 6,500 doctors submitted their resignations – nearly half the junior workforce – with 1,600 walking off the job, said Second Vice-Health Minister Park Min-soo. The government has ordered the doctors back to work, and police have warned of arrests for instigators of the work stoppages, as South Korean law limits the ability of medical staff to strike. “I express deep concern and regret over the trainee doctors’ collective actions, which have resulted in cancellations of surgeries and disruptions in medical services,” Park said. oGovt maintains emergency services and treatment for serious cases The government’s top priority is to “maintain medical emergency services and treatment for serious cases at major hospitals”, he said, to “avoid situations in which patients with serious conditions are prevented from accessing treatment”. South Korea says it has one of the lowest doctor-to-population ratios among developed countries, and the government is pushing hard to increase the number of physicians, partly to help a fast-ageing society. But doctors have voiced fierce opposition to a new government plan to sharply raise medical school admissions, claiming it would hurt the quality of service. Proponents of the plan say doctors are mainly concerned reforms could erode their salaries and social status. The training reforms call for a 65% increase in the number of students admitted to medical schools by 2,000 people a year, starting from 2025. The plan is popular with the public, who experts suggest are tired of long wait times at hospitals, with a recent Korean Gallup poll showing over 75% of respondents in favour, regardless of political affiliation. But it has drawn fierce opposition from doctors, with the Korean Medical Association saying the government’s threats of legal action were akin to a “witch hunt” and claiming the plan would create a “Cubanstyle socialist medical system”. The Korea Association of Medical Colleges has called for a significantly lower admissions increase of 11”, a demand the government has rejected. “I have submitted my resignation letter,” Park Dan, head of the Korea Interns and Residents Association, wrote Monday on Facebook. “I am now able to abandon my dream of becoming a specialist in paediatric emergency medicine without any regrets. I have no intention of going back.” Park said the government’s reform plan was necessary given South Korea’s rapidly ageing society, saying they anticipated the number of people over 65 would have grown 70% by 2035, driving increased demands on hospitals. – AFP Philippines holds joint air patrol with US MANILA: A joint air patrol by the Philippines with the United States was aimed at protecting territory and national interests in the South China Sea, a Philippine military official said yesterday, after Beijing accused Manila of stirring up trouble. Philippine fighter jets and a US bomber plane flew together over the South China Sea on Monday, more than a week after their navies held joint maritime exercises in the face of simmering tensions over territorial claims in the area. “This is to enhance both armed forces’ interoperability and enhance the capabilities of our air force (in) performing its mandate of protecting our territory, sovereign rights and national interests,” said armed forces public affairs chief Xerxes Trinidad. China’s military earlier accused the Philippines of “stirring up trouble” by conducting a joint air patrol with “extraterritorial countries” and then openly “hyping it up”. Its Southern Theatre Command said it organised frontline naval and air forces to closely monitor the joint drills on Monday, and that troops “maintained a high degree of vigilance to resolutely defend national sovereignty”. China claims sovereignty over almost the entire South China Sea, a conduit for more than US$3 trillion (RM14 trillion) of commercial shipping annually, including parts of the exclusive economic zones of the Philippines, Vietnam, Indonesia, Malaysia and Brunei. Philippine ties with China have deteriorated this past year at a time when Manila is expanding its longstanding defence relationship with former colonial power the United States under President Ferdinand Marcos Jr. The Philippines refrained from joint air and sea exercises in the South China Sea under his anti-US predecessor Rodrigo Duterte, who advocated closer relations with Beijing and saw defence activities with Washington as provocative. Trinidad said the Philippines expects to carry out more joint maritime activities with its ally and other “like-minded” partners to keep a peaceful Indo-Pacific. – Reuters A Chinese coast guard ship sailing past a Philippine fishing boat near the China-controlled Scarborough Shoal in disputed waters of the South China Sea. The Philippines has accused Chinese coast guard vessels of ‘dangerous’ manoeuvres. – AFPPIC
WEDNESDAY | FEB 21, 2024 8 Cybercrime gang crippled by Britain, US and EU agencies to schools, transport and government departments, have described the group as the world’s top ransomware threat. A representative for Lockbit did not respond to messages from Reuters seeking comment but did post messages on an encrypted messaging app saying it had backup servers not affected by the law enforcement action. The FBI did not immediately respond to requests for comment. The post named other international police organisations from France, Japan, Switzerland, Canada, Australia, Sweden, the Netherlands, Finland and Germany. Lockbit and its affiliates have hacked some of the world’s largest organisations. The gang makes money by stealing sensitive data and threatening to leak it if victims fail to pay an extortionate ransom. Its affiliates are likeminded criminal groups that Lockbit recruits to wage attacks using its digital extortion tools. Ransomware is malicious software that encrypts data. Lockbit makes money by coercing its targets into paying ransom to decrypt or unlock that data with a digital key. Lockbit was discovered in 2020 when its eponymous malicious software was found on Russian-language cybercrime forums, leading some security analysts to believe the gang is based in Russia. The gang has not professed support for any government, however, and no government has formally attributed it to a nation-state. On its now-defunct darkweb site, the group said it was “located in the Netherlands, completely apolitical and only interested in money”. “They are the Walmart of ransomware groups, they run it like a business – that’s what makes them different,” said Jon DiMaggio, chief security strategist at Analyst1, a US-based cybersecurity firm. “They are arguably the biggest ransomware crew today.” In November last year, Lockbit published internal data from Boeing, one of the world’s largest defence and space contractors. In early 2023, Britain’s Royal Mail faced severe disruption after an attack by the group. According to vx-underground, a cybersecurity research website, Lockbit said in a statement in Russian and shared on Tox, an encrypted messaging app, that the FBI hit its servers that run on the programming language PHP. The statement, which Reuters could not verify independently, added that it has backup servers without PHP that “are not touched”. – Reuters FARMERS TAKE ACTION ... A demonstrator reacts after a truck of hay was dumped in front of the Regional Directorate for the Environment and Housing Development during a protest of French farmers against the European Union’s agriculture policy in Marseille on Monday. – AFPPIC oAuthorities take over extortion website UK court to hear final Assange appeal LONDON: The High Court here began hearing WikiLeaks founder Julian Assange’s final UK appeal against extradition to the United States to face trial over publishing secret military and diplomatic files. Washington wants the 52-year-old Australian citizen extradited after he was charged there multiple times between 2018 and 2020 in connection with WikiLeaks’ 2010 publication of files relating to the US-led wars in Iraq and Afghanistan. The long-running legal saga in Britain’s courts is nearing a conclusion, after Assange lost successive rulings in recent years. If this week’s two-day bid to appeal is successful, he will have another chance to argue his case in a London court, with a date set for a full hearing. If he loses, Assange will have exhausted all UK appeals and will enter the extradition process, although his team have indicated they will appeal to European courts. His wife Stella Assange has said he will ask the European Court of Human Rights to temporarily halt the extradition if needed, warning he would die if sent to the United States. “Tomorrow and the day after will determine whether he lives or dies essentially, and he’s physically and mentally obviously in a very difficult place,” she said on Monday. US President Joe Biden has faced sustained pressure, both domestically and internationally, to drop the 18-count indictment Assange faces in federal court in Virginia, which was filed under his predecessor Donald Trump. Media organisations, press freedom advocates and the Australian parliament are among those decrying the prosecution under the 1917 Espionage Act, which has never been used before over publishing classified information. But Washington has maintained the case, which alleges Assange and others at WikiLeaks recruited and agreed with hackers to conduct “one of the largest compromises of classified information” in US history. Assange, detained in the high-security Belmarsh Prison in southeast London since April 2019, was arrested after spending seven years holed up in Ecuador’s London embassy. He fled there to avoid extradition to Sweden, where he faced accusations of sexual assault which were later dropped. The High Court had blocked his extradition, but then reversed the decision on appeal in 2021. – AFPB R I E F SEX-PRESIDENT FACES DRUG TRIAL NEW YORK: Former Honduran president Juan Orlando Hernandez went on trial here yesterday charged with drug trafficking, including the transfer of 500 tonnes of cocaine through his country to the United States. The 55-year-old Hernandez was brought to the US in April 2022 to answer charges that he aided the smuggling of hundreds of tonnes of cocaine in return for millions of dollars in bribes from drug traffickers. He will go on trial alone in Manhattan’s Southern District federal court after his two co-defendants, former Honduran police chief Juan Carlos “Tiger” Bonilla and ex-policeman Mauricio Hernandez, pleaded guilty to drug trafficking. Their pleas, and any cooperation with the US authorities, will likely pile pressure on Hernandez to cut a deal with prosecutors and also plead. If found guilty of the three charges against him, conspiracy to traffic drugs and two counts of trafficking and possession of weapons, Hernandez could die behind bars. He has insisted he is innocent. “I am the victim of a vendetta and a conspiracy by organised crime and political enemies,” he wrote in a public letter. – AFP ATMOSPHERIC RIVER POUNDS CALIFORNIA CARLSBAD: An atmospheric river pounded California with thunderstorms and hail on Monday but spared the state major damage as there were no tornadoes which had been forecast as a possibility. Packing gusty winds, the storms knocked out power for more than 11,000 customers, according to PowerOutage.us, flooded roads, knocked down trees and shut down Santa Barbara airport for the day. The 24-hour rainfall totals topped out around 7.6cm to 10cm in areas below Mount Shasta, one of California’s tallest peaks at 4,322m. The National Weather Service in Sacramento issued a tornado warning for parts of Plumas County and Butte County in the state’s north, but as of Monday evening the worst those areas received was hail and heavy thunderstorms. More significant damage was still possible as heavy rains were expected to douse much of northern California and southern California. The effects appeared to be far less significant than that from another atmospheric river two weeks ago that dumped up to a year’s worth of rain in some areas, knocked out power to nearly 1 million customers and killed nine people. – Reuters Australia to double fleet of warships SYDNEY: Australia yesterday outlined a decade-long plan to double its fleet of major warships and boost defence spending by an additional US$7 billion (RM34 billion), in the face of a quickening Asia-Pacific arms race. Under the plan, Australia will get a navy of 26 major surface combatant ships, up from 11. “It is the largest fleet that we will have since the end of the Second World War,” said Defence Minister Richard Marles. The announcement comes after a massive build-up of firepower by rivals China and Russia, and amid growing confrontation between nervous US-led allies and increasingly bellicose authoritarian governments. Australia will get six Hunter class frigates, 11 general-purpose frigates, three air warfare destroyers and six state-of-theart surface warships that do not need to be crewed. At least some of the fleet will be armed with Tomahawk missiles capable of longrange strikes on targets deep inside enemy territory – a major deterrent capability. – AFP LONDON: Lockbit, a notorious cybercrime gang that holds its victims’ data to ransom, has been disrupted in a rare international law enforcement operation, the gang and US and UK authorities said on Monday. The operation was run by Britain’s National Crime Agency, the US Federal Bureau of Investigation, Europol and a coalition of international police agencies, according to a post on the gang’s extortion website. “This site is now under the control of the National Crime Agency of the UK, working in close cooperation with the FBI and the international law enforcement task force, ‘Operation Cronos’,” the post said. An NCA spokesperson and a US Department of Justice spokesperson confirmed that the agencies had disrupted the gang and said the operation was “ongoing and developing”. Officials in the United States, where Lockbit has hit more than 1,700 organisations in nearly every industry from financial services and food
WEDNESDAY | FEB 21, 2024 9 US drafts rival ceasefire proposal oCalls for release of all Hamas hostages NEW YORK: The United States has proposed a rival draft UN Security Council resolution calling for a temporary ceasefire in the Israel-Hamas war and opposing a major ground offensive by its ally Israel in Rafah, according to the text seen by Reuters. The move comes after the US signalled it would veto an Algerian-drafted resolution – demanding an immediate humanitarian ceasefire – over concerns it could jeopardise talks between the US, Egypt, Israel and Qatar that seek to broker a pause in the war and the release of hostages held by Hamas. Until now, Washington has been averse to the word ceasefire in any UN action on the IsraelHamas war, but the US text echoes language that President Joe Biden said he used last week in conversations with Israeli Prime Minister Benjamin Netanyahu. It would see the Security Council “underscore its support for a temporary ceasefire in Gaza as soon as practicable, based on the formula of all hostages being released, and calls for lifting all barriers to the provision of humanitarian assistance at scale”. The United States does “not plan to rush” to a vote and intends to allow time for negotiations, a senior US administration official, speaking on condition of anonymity, said on Monday. To pass, a resolution needs at least nine votes in favour and no vetoes by the US, France, Britain, Russia or China. The US draft text “determines that under current circumstances a major ground offensive into Rafah would result in further harm to civilians and their further displacement including potentially into neighbouring countries.” Israel plans to storm Rafah, where more than 1 million of the 2.3 million Palestinians in Gaza have sought shelter, prompting international concern that an assault would sharply worsen the humanitarian crisis in Gaza. The UN has warned it “could lead to a slaughter”. The draft US resolution says such a move “would have serious implications for regional peace and security, and therefore underscores that such a major ground offensive should not proceed under current circumstances”. Washington traditionally shields Israel from UN action and has twice vetoed council resolutions since the Oct 7 attack. But it has also abstained twice, allowing the council to adopt resolutions that aimed to boost aid to Gaza and called for extended pauses in fighting. This is the second time since Oct 7 that Washington has proposed a Security Council resolution on Gaza. Russia and China vetoed its first attempt in late October. While the US was ready to protect Israel by vetoing the Algerian draft resolution, International Crisis Group UN Director Richard Gowan said Israel would be more concerned by the text Washington drafted. “The simple fact that the US is tabling this text at all is a warning shot for Netanyahu,” he said. “It is the strongest signal the US has sent at the UN so far that Israel cannot rely on American diplomatic protection indefinitely.” Israel’s mission to the United Nations in New York did not immediately respond to a request for comment on the US draft. A second senior US administration official, speaking on condition of anonymity, said the draft does not suggest “anything about the dynamics of any particular relationship, whether with the Israelis or any other partner we have.” – Reuters Israel pounds Gaza ahead of UN truce vote GAZA STRIP: Israel hit Gaza with new air strikes yesterday as world powers grappled with how to broker a ceasefire ahead of a UN Security Council vote. The United Nations sounded the alarm over the humanitarian situation in the besieged territory, warning that food shortages could lead to an “explosion” of preventable child deaths. Four months of relentless fighting have flattened much of the Palestinian territory, pushed 2.2 million people to the brink of famine and displaced three-quarters of the population, according to UN estimates. “How many of us have to die ... to stop these crimes?” asked Ahmad Moghrabi, a Palestinian doctor in southern Gaza’s main city, Khan Younis. “Where is the humanity?” Global powers trying to navigate a way out of the spiralling crisis have so far come up short. After months of struggling for a united response, all EU members except Hungary called on Monday for an “immediate humanitarian pause”. They also urged Israel not to invade Gaza’s southernmost city Rafah, where nearly 1.5 million Palestinians are sheltering. The city, the last untouched by Israeli ground troops, is also the main entry point for desperately needed relief supplies via neighbouring Egypt. Israel’s strikes on the city are hampering humanitarian operations, while the food supply is disrupted by regular border closures, according to the UN’s agency for Palestinian refugees, UNRWA. The scarcity of food and water has left children and women across the strip suffering a steep rise in malnutrition, the United Nations children’s fund warned on Monday. One-in-six children in northern Gaza are now acutely malnourished, Unicef said, a situation poised to “compound the already unbearable level of child deaths”. – AFP Zelensky: Ukraine faces difficult frontline battles B R I E F SFIND OCCUPATION ILLEGAL, COURT URGED THE HAGUE: South Africa urged the International Court of Justice (ICJ) to issue a non-binding opinion that the Israeli occupation of Palestinian territories is illegal, arguing it would help efforts to reach a settlement. Representatives of South Africa opened the second day of hearings at the ICJ, also known as the World Court, in the Hague. The hearing follows a request by the UN General Assembly for an advisory, or nonbinding, opinion on the occupation in 2022. More than 50 states will present arguments until Feb 26. On Monday, Palestinian representatives asked the court to declare Israel’s occupation illegal. Israel is not attending the hearings but sent a statement, saying an advisory opinion would be harmful to a negotiated settlement. – Reuters RUSSIA ARRESTS WOMAN FOR TREASON MOSCOW: Russia’s FSB security services said yesterday it had arrested a US-Russian woman suspected of treason for raising funds for the Ukrainian army. The FSB in Yekaterinburg said it had “suppressed the illegal activities” of a 33-year-old woman, a resident of Los Angeles with dual citizenship, and taken her into custody. It said the unnamed woman had been “collecting funds ... which were subsequently used to buy tactical medical items, equipment, means of destruction and ammunition for the Ukrainian armed forces”. – Reuters KYIV: Ukrainian troops, reeling from the loss of a key town, now face “extremely difficult” conditions all along the frontline with Russia because of delayed foreign aid, President Volodymyr Zelensky said. A heightened Russian offensive in eastern and southern Ukraine saw them capture the key town of Avdiivka last week in a major boost ahead of the second anniversary of the February 2022 invasion. The Ukrainian military also says it is critically short of ammunition and shells, worsened by the holdup of a US$60 billion (RM288 billion) US aid package. “The situation is extremely difficult in several parts of the frontline, where Russian troops have concentrated maximum reserves,” Zelensky said on Monday after visiting frontline troops in the Kharkiv region. Russian troops “are taking advantage of the delays in helping Ukraine”, Zelensky added, highlighting shortages of artillery, frontline air defence and longer-range weapons. US President Joe Biden told Zelensky on Sunday that he was “confident” the Republican-dominated US Congress would approve the critically needed aid. Ukrainian Prime Minister Denys Shmygal said yesterday he also believed Congress would come through after it returned from recess and that his country would “continue our fight” with international support. – AFP Palestinians facing crisis levels of hunger carry bags of flour they received from an aid truck near an Israeli checkpoint. – REUTERSPIC
WEDNESDAY | FEB 21, 2024 10 Enclosed is my payment of RM payable to SUN MEDIA CORPORATION SDN BHD. Please WhatsApp your bank-in slip to 0182929936 or email to [email protected] *Not inclusive of vendor service charge Stay informed with the latest news and trends All the best articles from Monday to Friday 32 pages full colour Subscribe now for Monday-Friday copies of theSun newspaper 6 month subscription (128 issues) for only RM110* (Normal price RM128) 1 year subscription (258 issues) for only RM200* (Normal price RM258) 1 year subscription at normal price RM258* (258 issues) + RM50 administration fee to get 2nd year free PERSONAL PARTICULARS Name: NRIC: Race: Malay Chinese Indian Others Profession: Commencement date: Delivery Address: Residence Ofice Postcode: State: Tel: Mobile No: E-mail: DETAILS OF CURRENT NEWS VENDOR (IF ANY) Vendor name: Contact no: For your convenience, you may call or send in your subscription particulars via any of the following: Tel: KL/PJ 03-7781 4000, 03-7784 6688 (9.30am - 5pm, Monday to Friday) Fax: 03-7781 4484 Post: P.O. Box 179, Jalan Sultan, 46720 Petaling Jaya, Selangor Darul Ehsan Attn: Subscription Email: [email protected] *Terms & Conditions apply Important note: SMCSB reserves the right to revise the price at any time without prior notice. (*Limited to ffrst 1,000 subscribers) Pay to Maybank ( Account number 508177700420 ) Account name ( SUN MEDIA CORPORATION SDN BHD ) Nov 8 to Nov 10 Malaysian Paper www.thesun.my RM1 WEDNESDAY NOV 8, 2023 No. 8389 PP 2644/12/2012 (031195) SCAN ME Casino chip heist: Five more identified Police have detained a total of 10 suspects, including a Chinese national, in connection with the RM4.6m theft at Genting Highlands on Oct 28. Congratulations! You are holding the first edition A new sunrise of our new 32-page paper featuring more of the great content you have loved for the past 30 years. Copies will be free until Friday and will be available via subscription and at newsstands beginning Monday for only RM1. Muruku Buntong entrepreneur’s Deepavali snack, made from a still a national favourite 60-year-old recipe, is constantly in high demand. Chicken price float benefits consumers A week after subsidies ended, market prices are competitive and lower than subsidised prices, says expert. Full report —on page 3 Full report —on page 6 Full report —on page 4 Citing protection of country’s interests in terms of diplomatic, economic relations and security as reasons for joining meeting, Anwar says he remains steadfast in defending justice and rights of Palestinians. I will show up at Apec Story on page 2 Full story -on page 2 SCAN TO SUBSCRIBE Tackle vandalism menace before it escalates I RESIDE in Taman Maluri, Cheras. For some time, residents here have fallen prey to serious acts of vandalism occurring within the small recreational park situated in the residential precinct along Jalan Pria 4. There are 41 lamp posts within the enclave, all of which have been vandalised, giving rise to safety concerns for park users. Several lamp posts have been uprooted from their original spots, indicating that the vandals are likely searching for copper wires to sell for monetary gain. Additionally, the fencing surrounding the futsal court has been taken down, suggesting that individuals may be dismantling it to trade the metal scrap. Numerous complaints regarding these acts of vandalism have been lodged with the Kuala Lumpur City Hall. Regrettably, the authorities have yet to take concrete actions to address the issues, resulting in ongoing inconveniences for residents who use the park. To help overcome the vandalism menace, local authorities should implement community service and publicise it to instil fear of public embarrassment among perpetrators. This approach will be more effective in fighting vandalism compared with other punishments such as issuing compounds or fines. The concept underlying community service is twofold: it seeks to mete out punishment and facilitate the rehabilitation of offenders by compelling them to contribute to the community. This approach aims to instil a sense of civic duty, fostering the hope of discouraging subsequent transgressions. Moreover, community service can yield broader societal advantages, such as providing manpower for charitable organisations or public services, and helping alleviate some of the fiscal strain on the prison system. Vandalism by-laws enforced by the various local authorities are inadequate to rid the nation of this problem. There is a need for new federal legislation to deal with this issue by mandating compulsory community service to shame the culprits and implementing stricter regulations for habitual offenders. Those found guilty of committing any act of vandalism should be required to perform community service for a number of hours to be determined by the relevant authorities, not exceeding 240 hours, under the supervision of a probation officer. Community service, also referred to as community restitution, constitutes a punitive measure designed to redress the harm inflicted upon a community by an offender’s wrongdoings. Judges frequently mandate individuals to engage in community service as a supplementary or alternative penalty to incarceration, fines or probation, with the overarching goal of fostering a tangible positive impact on the affected community. Vandalism has become a social menace where anything public is not spared. Facilities such as recreational parks, toilets, bus stops and even the LRT and MRT stations have become targets for these vandals. Acts of vandalism abound in every nook and corner of the country as can be seen with fire hydrants, garbage bins, lifts in low-cost housing and public toilets. While vandalism in Malaysia may not have reached the severity levels as seen in many countries in the West, the extent of damage it causes still presents a significant problem that must be addressed effectively. The negative behaviour exhibited by some Malaysians underscores the urgent need to introduce community service as a means to combat vandalism. To ensure the effectiveness of existing and proposed laws, enforcement personnel must carry out their tasks more responsibly while the public must serve as the eyes and ears of the authorities. In addition, educational and awareness campaigns to prevent vandalism must be carried out proactively. Tan Sri Lee Lam Thye Chairman Alliance for a Safe Community Vandalism has become a social menace where anything public is not spared, even lamp posts have been uprooted from original spots. LETTERS [email protected]
11 WEDNESDAY | FEB 21, 2024 AI can help curb bullying DISCIPLINARY and bullying incidents in schools, especially in Malaysia, have risen recently. According to the ministry’s data over the past three years, there were 326 reported cases in 2021, 3,887 cases in 2022 and 4,994 cases as of October 2023. These alarming statistics have left parents worried about their children’s safety and well-being in school. Despite the various methods employed to address the issue, there has been no reduction in bullying cases. One contributing factor is the shortage of trained psychologists or counsellors in schools. Additionally, the tendency to conceal such incidents is another key element exacerbating the problem. It is disheartening to witness some individuals, whether fellow students or educators, adopting a stance of turning a blind eye as if the distressing events unfolding before them are inconsequential. There is a persistent culture of pretending that nothing is wrong, a collective silence that unintentionally makes the misery of individuals targeted by bullying worse. Teachers who are entrusted with safeguarding the safety and well-being of students often face fear. This fear stems from the notion that taking strong action will inadvertently intensify the problem or expose them to personal threats. The fear of repercussions can perpetuate an environment where bullying goes unchecked. Breaking this cycle demands not only resolve but also promoting a broader cultural shift within the school community. This shift should focus on transparency, empathy and a collective commitment to safeguarding the safety and emotional wellbeing of all children. With the introduction of artificial intelligence (AI), this problem can be reduced or resolved. If applied professionally and ethically, AI can help address disciplinary and bullying incidents in schools. 1. CCTV cameras AI-powered cameras can be installed in common areas such as playgrounds, hallways and entrances to monitor student behaviour and detect potential bullying incidents. Smart sensors can detect unusual noises or movements in areas where bullying can occur, such as restrooms or empty classrooms. 2. Facial recognition This technology can be used to limit access to certain areas of the school to authorised personnel only, reducing the likelihood of unauthorised individuals entering the premises. In the event of a bullying incident, AI-powered facial recognition can help identify the individuals involved and track their movements. 3. Behaviour analysis AI can analyse audio and video footage to detect aggressive or unusual behaviour, raising alerts to school staff. AI can also analyse written content, such as messages or social media posts, to identify bullying-related keywords and sentiments, enabling timely intervention. 4. Alert tools AI systems can generate real-time alerts for teachers, administrators or parents when bullying behaviour is detected or suspected in a particular area of the school. It can also trigger emergency response procedures when severe incidents are identified, ensuring swift action to protect students. 5. Preventive education AI-driven chatbots can provide students with a safe and confidential space to discuss their concerns, seek advice or report bullying incidents. It can deliver personalised antibullying educational content to students, promoting awareness and empathy. These virtual assistants can offer students immediate access to support resources whenever they need them. 6. Data analytics AI can analyse historical data to identify patterns and trends related to disciplinary issues and bullying, helping schools implement proactive measures. By analysing data, AI can pinpoint hotspot areas or times of the day when disciplinary issues are more likely to occur, allowing schools to allocate resources accordingly. Armed with this information, school administrators can strategically allocate resources, such as additional supervision or security personnel, to these identified areas or times, thereby deterring potential incidents and ensuring a safer environment for students. 7. Resource allocation AI can assist schools in predicting when and where disciplinary issues may arise, facilitating the effective allocation of staff and resources. However, it is crucial to address ethical and privacy considerations when adopting AI in schools. This includes ensuring privacy and obtaining consent for the collection and use of student data, implementing strict access restrictions to prevent the misuse of surveillance technology such as face recognition, regularly auditing AI systems to minimise bias and errors, and maintaining transparency with students, parents and staff regarding the use of AI for disciplinary and safety purposes. AI can play a role in addressing disciplinary and bullying issues in schools but it needs to be used responsibly, following legal guidelines and prioritising the creation of a safe and inclusive learning atmosphere. Ultimately, the aim should be to establish a secure and supportive environment for all students. The debate of whether professionally qualified persons should handle bullying instances in schools can be complex. While these experts bring experience, impartiality and secrecy to the table, their involvement must be weighed against resource constraints, integration challenges and the pivotal role of teachers and school personnel in identifying and responding to bullying. A balanced approach that leverages the capabilities of internal and external resources appears to be the most practical solution. By utilising AI technology, schools can potentially enhance their ability to detect, monitor and address bullying incidents promptly and effectively. While integrating AI may entail significant expenses, it can be implemented in schools where bullying is prevalent. The writer is a professor at the College of Computing and Informatics at Universiti Tenaga Nasional, a fellow of the British Computer Society, a chartered IT professional, a fellow of the Malaysian Scientific Association, a senior IEEE member and a professional technologist at MBOT Malaysia. Comments: [email protected] The alarming statistics of bullying in schools have heightened concerns regarding the safety of children. – SYED AZAHAR SYED OSMAN/THESUN RECENTLY, Mercer’s Total Remuneration Survey for 2023 projected that the average salary in Malaysia is anticipated to increase by 5.1% this year. This news may come as a relief to many as it suggests that their salaries can keep up with the rising cost of living. However, the inflation rate is expected to rise concurrently as Malaysia’s purchasing power increases. This may imply that Malaysia’s real wages do not experience growth if the percentage increase in the inflation rate matches that of the wages. What is worrying is that other issues may arise and often receive minimal attention. For example, individuals who do not receive any salary increases, especially farmers in rural areas, may lag behind. They will struggle to survive the inflation. Therefore, the poor will become poorer. As a result, the income inequality may widen. The poverty line may also rise due to inflation, putting many households at risk of falling below it. The national poverty line stood at RM2,589 per month in 2022. However, households earning above this line previously and not experiencing salary increases may find themselves falling below the poverty line due to inflation. Additionally, university students reliant on study loans may grapple with the increased cost of living because the price of food may escalate. Some of them may even decide to drop out of their studies or take up part-time jobs to cope with these financial challenges. Therefore, it is imperative to adopt a targeted and inclusive approach to alleviate the negative impacts of inflation on diverse socioeconomic groups. By prioritising the needs of those who do not benefit from increased salaries, the government can contribute to a more equitable and sustainable economic landscape. Assoc Prof Dr Mohd Shahidan Shaari Faculty of Business and Communication Universiti Malaysia Perlis LETTERS [email protected] Address inflation impact on vulnerable groups COMMENT by Prof Dr Manjit Singh Sidhu
ESG ESG WEDNESDAY | FEB 21, 2024 12 I N the ever-evolving landscape of corporate environments, the pursuit of sustainability has become a focal point for businesses looking to align their operations with eco-friendly practices. Crafting green office spaces is not only a responsible choice for the planet but can also contribute to a healthier and more productive work environment. We will explore the integration of sustainable office design practices while maintaining a keen eye on affordability. Energy efficient lighting solutions Lighting is a crucial aspect of any office space and opting for energy-efficient solutions can significantly impact both the environment and the budget. Natural lighting is an effective and budget-conscious option. Strategic placement of windows and skylights can harness natural light, reducing the need for artificial illumination during daylight hours. This not only saves on energy but also creates a brighter and more inviting workspace. For office buildings with limited access to sunlight may opt for LED lighting systems. Not only it reduces electricity costs but also extends the lifespan of the bulbs, minimising waste. Adding greenery to the space Bringing the outdoors inside is a cost-effective and visually appealing way to enhance the green credentials of an office space. Introducing indoor plants and greenery not only improves air quality but also adds a touch of nature to the environment. Opting for lowmaintenance plants and budget-friendly planters ensures that the addition of greenery does not strain the budget. The psychological benefits of having plants in the office, such as reduced stress and increased productivity, make this a sustainable investment in both the environment and employee well-being. Upcycled furniture and decor One of the most innovative and budgetfriendly approaches to creating a green office space is using upcycled furniture and decor. Incorporating second-hand or repurposed items not only reduces costs but also contributes to the reduction of waste. Upcycled furniture brings a unique charm to the office, adding character and a sense of individuality. This approach aligns with the principles of sustainability by giving a second life to materials that might otherwise end up in landfills. Flexible and multifunctional spaces Designing versatile workspaces that can adapt to different needs is a key strategy in creating a sustainable yet budget-friendly office environment. The flexibility of these spaces eliminates the need for frequent renovations or additional furniture purchases. Moveable partitions, modular furniture, and adaptable layouts allow the office to evolve with changing requirements, ensuring a longer lifespan for the existing infrastructure, and reducing the overall environmental impact. Open concept layouts Embracing open office layouts is a design approach that not only fosters collaboration and communication but also proves to be cost-effective. Open spaces minimise the need for extensive construction and partitioning, resulting in reduced expenses. The communal nature of open layouts encourages a sense of unity among employees, contributing to a positive and productive work atmosphere. In conclusion, the integration of sustainable practices in office design, as exemplified by Scalable Malaysia, does not have to come at the expense of affordability. Incorporating these eco-friendly ideas for your workspaces is not only good for the environment but also to your bottom line. Striking a balance between sustainability and affordability is not just a trend; it’s a strategic decision that benefits both the planet and the financial health of an organisation. This article is contributed by Scalable Malaysia Crafting green office spaces oBalancing sustainability and affordability for healthier, more productive work environment Plants in the office enhance employee well-being and reduce stress. Affin Group joins DHL’s GoGreen Plus programme KUALA LUMPUR: Affin Group has reinforced its commitment to environmental responsibility by joining DHL Express’ GoGreen Plus programme to use sustainable aviation fuel (SAF). The service supports the Group’s target to reduce the carbon emissions associated with its time-definite international shipments by 70%. “Affin Group is delighted about our commitment to advancing our business operations towards greener practices, marking us as the first Malaysian bank to sign up for the GoGreen Plus service for sustainable shipping,” said Affin Bank Bhd president and Group CEO Datuk Wan Razly Abdullah. “Alternative energy, such as SAF, serves as a key decarbonisation lever and provides a pathway for Malaysia to accelerate progress on our net-zero ambitions. “This initiative exemplifies our role as a catalyst for change in implementing climateneutral practices in the financial services sector.” Launched in 2023, GoGreen Plus allows customers to effectively inset the Scope 3 emissions in their supply chain by choosing their SAF investment. The selected amount is then blended with conventional jet fuel at the point of air transport to lower the release of CO2e and other greenhouse gases. SAF is currently the only scalable solution in the near-term, given that it is the sole option for long-distance flights. Affin Group’s subscription to GoGreen Plus builds on the group’s transformation plan, the Affin 2025 Plan (A25), which features “Responsible Banking with Impact” among its main strategic pillars. To this end, it aspires to achieve 15% of its total portfolio in ESG financing by end of FY2025 and is currently on track after achieving 8.6% in 2023. “We always align our values with those of the communities we serve, and caring for the planet has never been more important to all of us,” said Julian Neo, managing director of DHL Express Malaysia. “Businesses that leverage SAF can help to catalyse the wider use of this technology and its transformative potential to shape a more sustainable future. We are delighted to have Affin Group come onboard as we continue to provide accessible means to green transition.” With around 90% of DHL’s carbon footprint coming from its air network, sustainable air transportation solutions are important for creating greener logistics operations. Made from sustainably-sourced renewable waste and residue raw materials, SAF can also cut the lifecycle emissions of typical aviation fuel by up to 80%. GoGreen Plus is made possible in part by three of the largest SAF contracts with bp, Neste and World Energy. An independent third-party agency, Société Générale de Surveillance, verifies the reductions, which can be counted towards Scope 3 and Science Based Targets. Plant-based solutions for beautiful skin SINCE the end of the global Covid pandemic, we have seen a noticeable shift in how consumers view health and nutrition, with recent studies showing a growing inclination towards healthier alternatives and a greater acceptance of plant-based solutions. As indicated in the report by NielsenIQ Growing Sustainable Beauty Trends for Emerging Brands in 2023, consumers are increasingly viewing plant-based solutions positively. This trend is reflected in the purchasing patterns of diverse consumer demographics, who now prefer plant-based beauty and personal care products. As a medical practitioner with a profound appreciation for cosmetics, plant-based and organic choices are not just about beauty, it is also a commitment to health and safety. Palm oil holds a treasure trove of potent antioxidants known as tocols, which come in two main varieties: the more common tocopherols and the rarer tocotrienols, both of which are types of vitamin E. While both offer antioxidant benefits, tocotrienols pack an extra punch. Tocotrienols, as a type of vitamin E, have been associated with a range of positive health effects, from neuroprotection against Alzheimer’s to supporting cardiovascular health and exhibiting anti-cancer properties. Palm oil is also packed with vitamin A which is vital for maintaining healthy vision and supporting immune function. As consumers become more aware of what goes into the products they use, there is a growing demand for transparency and the safety of ingredients being used. For years, palm oil has been an underappreciated but widely used natural solution in many beauty products. Palm oil is extensively used to create surfactants, which are essential for cleansing and foaming, as well as emulsifiers, which prevent oil and water from separating, and emollients, which enhance the skin feel in creams and lotions. With over 70% of cosmetic products containing palm oil or its derivatives, palm oil is a valuable ingredient, rich in Vitamin E, a key factor in promoting healthier skin, especially around the eyes. It has moisturising and antioxidant properties, particularly through tocotrienols and beta-carotene. This article is contributed by Dr Nur Khaisiyah Othman of Hospital Pakar Damansara Petron and UPM fuel the environment KUALA LUMPUR: The Petron Malaysia Group signed a memorandum of understanding (MoU) with Universiti Putra Malaysia (UPM) to further their cooperation in driving long-term environmental sustainability initiatives. Areas of collaboration include biodiversity conservation and circular economy, with ongoing projects including the Port Dickson Green Lung carbon sequestration and repurposement of waste into new products. The Port Dickson Green Lung carbon sequestration project aims to preserve 400 acres of land within the Petron Port Dickson Refinery vicinity by enhancing biodiversity mix, making the area an effective natural carbon sink to absorb carbon from the atmosphere and improve the air quality of the local communities at Port Dickson, Negeri Sembilan. To promote circular economy, the UPM team is studying the conversion of Bio-Sulphur waste generated from the Petron Refinery into a fertiliser additive. The team has also commenced reformulation research on waste generated from Petron’s Palm Oil Methyl Ester Plant. These initiatives will help reduce waste to disposal by re-using it and creating circular economy. “Forests are natural habitats that provide invaluable ecosystem management like climate and water regulation,” said Petron Malaysia Group general manager Faridah Ali. “At Petron, we balance our efforts to support the country’s economic development with our commitment to embed sustainable business practices into every facet of our operations. “Collaborating with UPM for the Port Dickson Green Lung project and solid waste studies demonstrates our focused efforts towards biodiversity conservation and circular economy.” The MoU signifies Petron and UPM’s commitment to a healthier, ecologically richer environment to mitigate climate change. They will leverage their combined strength, expertise, technology, network and resources to progress feasible studies through fields of research, education as well as specifically designed projects.
WEDNESDAY | FEB 21, 2024 Editorial T: 03-7784 6688 F: 03-7785 2625 E: [email protected] Advertising T: 03-7784 8888 E: [email protected] SCAN ME EV makers urged to consider making M’sia hub for Asean industry players through various investment incentives for the assembly or manufacture of hybrid and EVs. “We also encourage collaboration with global industry leaders to bring the production of clean energy vehicles to Malaysia and begin their research and development facilities in the country so that we can develop more highly skilled local workers and support more domestic vendors,” he said. On the industry’s high demand for skilled talent, he said Miti will continue to collaborate with the Ministry of Human Resource and Ministry of Higher Education to ensure that the industry’s requirements for skilled workers will be fulfilled. “We have already started by suggesting a short-term solution, which is to open up our job market selectively to foreign graduates with the targeted qualifications to address the talent gap, while also working on long-term measures to increase domestic students’ enrolment in science, technology, engineering, and mathematics subjects and the technical and vocational education and training track,” he said. As far as energy-efficient vehicles and EVs are concerned, the government set up the National EV Steering Committee last year, which is a Cabinet Committee comprising key ministries such as the Ministry of Finance, Ministry of Transport, Ministry of Science, Technology and Innovation, and the Ministry of Housing and Local Government. In building the necessary infrastructure to achieve the target of having 20% of TIV for EVs (including hydrogen fuel cells) by 2030, 50% of TIV by 2040, and 80% of TIV by 2050, the Steering Committee will, among others, address a few key concerns. “The top concerns are firstly, the availability of charging stations to address customer range anxiety, and secondly, ensuring the supply to power up the charging ecosystem, so owners can charge any form of EV quickly, easily and reliably in an urban or rural setting,” he said. – Bernama Tengku Zafrul (third from left) with (from left) UMW Toyota Motor president Datuk K. Ravindran, UMW Toyota Motor deputy chairman Takashi Obata, Science, Technology and Innovation Minister Chang Lih Kang and Toyota CEO for Asia Masahiko Maeda with Toyota’s new EV at the UMW Toyota Beyond Zero event. – BERNAMAPIC oTengku Zafrul: Many positive factors make investment landscape highly conducive to supporting MNCs’ regional ambitions Digitalisation strategy must prioritise rapid competitiveness: Gobind CYBERJAYA: Malaysia’s digital advancement strategy must prioritise rapid digital competitiveness that is comparable to other nations, with emphasis on a more aggressive and comprehensive approach to digital programmes, said Digital Minister Gobind Singh Deo (pic). According to him, the rapid pace of digitalisation presents both opportunities and challenges. “As technology continues to evolve, our policies and initiatives must keep pace to maximise the economic and social benefits for all Malaysians. “In spearheading the next phase of Malaysia’s digitalisation journey, the Ministry of Digital is strengthening our shared foundations to ensure government sectors and industries are better equipped to drive economic growth, attract investments, and enhance the nation’s competitiveness regionally and globally,” Gobind said in his keynote address at the launch of TM One Innovation Lab and TM One Enterprise 5G Lab yesterday. He added that the ministry aims to foster a digital-first mindset and promote higher digital technology adoption across both the public sector and private sector. “As we march ahead into 2024 and with the establishment of the Ministry of Digital, the government has strengthened its commitment to support businesses, expedite digitalisation and automation initiatives by providing substantial allocations, engagements, training and collaboration opportunities,” Gobind said. Guided by the Malaysia Madani vision of sustainability and innovation, he said these initiatives aim to enhance the country’s economic growth and competitiveness and enable businesses to leverage the capabilities of digital technologies. In addition, he pointed out that digitalisation, technology adoption and innovation are essential for Malaysia’s sustainable economic growth, underscoring the transformation of various sectors, promoting equitable digital inclusion and solidifying Malaysia’s position as a digital hub in the region. “To achieve this, Malaysian businesses must recognise the shared responsibility in contributing to the development of an ecosystem that encompasses solid digital infrastructure, supportive policies and a skilled workforce. “Transforming our businesses is key to driving Malaysia’s digital economy. By refining internal processes, boosting efficiency and fostering innovative business models, we can collectively contribute to the overall growth of the digital economy,” Gobind added. Meanwhile, he said labs serve as a testing ground for new ideas and innovations, allowing for the rapid prototyping and development of new digital services and solutions. He remarked that TM One’s labs are digital hubs promoting innovative collaboration; the creation of artificial intelligence-enhanced digital solutions; and the development of industry-specific applications leveraging the high-speed 5G network. “This is the first that I’ve seen here (that) demonstrates the 5G showcase but at the end of the day, we need to move ahead. These are one of the things that my ministry is looking at on how we can do this, both at federal, state and also local government levels,” he said, adding that moving ahead, his ministry will conduct further discussions on the matter. He added that there is a possibility there will be more similar labs established in the future. Located at the TM Digital Academy in Multimedia University, the labs are a part of TM One’s continuous efforts to build collaborative ecosystems to drive equitable digital progress. Both labs enable immersive engagement, dialogue and knowledge sharing, accelerated decision-making as well as tailored relationships. Naico Malaysia to elevate nation’s aerospace profile at Singapore Airshow PETALING JAYA: In a strategic move to underscore Malaysia’s growing prominence in the global aerospace sector, National Aerospace Industry Corporation Malaysia (Naico Malaysia) is set to showcase its expertise and capabilities at the ongoing Singapore Airshow 2024 (SA24). The airshow will witness Naico Malaysia’s efforts to propel the nation’s aerospace capabilities to new heights. “Participation in SA24 marks a significant milestone for Malaysia’s aerospace industry,” said Naico Malaysia CEO Shamsul Kamar Abu Samah at the opening of the Malaysia Pavilion at the airshow, which runs until Feb 25, at the Changi Exhibition Centre in Singapore. The Malaysia Pavilion was officially opened by Malaysia’s High Commissioner to Singapore Datuk Dr Azfar Mohamad Mustafar in the presence of Malaysian Investment Development Authority (Mida) chairman Tan Sri Dr Sulaiman Mahbob. Shamsul Kamar said SA24 is an opportunity to demonstrate Malaysia’s advancements, forge global partnerships, and attract investments that will propel it towards its goal of becoming the aerospace hub of Southeast Asia. “Through strategic initiatives and the unwavering spirit of innovation that defines our industry, we are not just participating; we are setting the stage for the future of aerospace in Malaysia and beyond,” he said. Shamsul Kamar said Naico Malaysia will engage with several international companies, including those from Japan, China, Canada, France, the United States, and the United Kingdom, as well as numerous original equipment manufacturers and Tier 1 suppliers. “These interactions are pivotal in expanding our global footprint and enhancing our industry’s capabilities through strategic partnerships,” he said. The Malaysia Pavilion, featuring 10 of the country’s leading aerospace companies and three government agencies, represents the nation’s commitment to excellence and innovation. Several memorandums of understanding are scheduled to be signed at the Malaysia Pavilion. A mini-investment seminar will be organised by Mida and a roundtable meeting will be hosted by Invest Selangor. – Bernama KUALA LUMPUR: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz has encouraged electric vehicle (EV) makers with Malaysian facilities to consider making Malaysia their hubs to supply and service the fast-growing market in Asean. He said this is because the EV market in Asean is expected to grow at a compound annual growth rate of about 33% from around US$500 million in 2021 to US$2.7 billion (RM11.77 billion) by 2027. “Malaysia has many positive factors that make its investment landscape highly conducive to supporting multinationals’ regional hub ambitions. “Apart from our strategic location, good infrastructure and rule of law, we also have a highlyestablished electrical and electronics industry which has been reliably feeding the other industries, including aerospace, renewable energy and EVs,” he said in his keynote address at the launch of UMW Toyota Beyond Zero here, yesterday. Commercially, the automotive industry registered a strong performance in 2023, achieving total industry volume (TIV) close to 800,000 units while the adoption of electrified vehicles (xEV) also increased from 2.77% of TIV in 2022 to 4.12% in 2023. New registered passenger battery electric vehicles (BEVs) jumped from around 3,000 units in 2022 to more than 13,000 units in 2023. In preparing for the zero-emission vehicle transition, through the National Automotive Policy (NAP 2020), Tengku Zafrul said the Ministry of Investment, Trade and Industry (Miti) is targeting to empower local automotive █ BYGLORIA HARRY BEATTY [email protected]
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 14 Hibiscus Petroleum marks new quarterly production milestone PETALING JAYA: Hibiscus Petroleum Bhd achieved net oil, condensate and gas production of 22,191 barrels of oil equivalent per day (boe/day) in the second quarter of financial year 2024 (FY24), marking the first time its quarterly production exceeded 22,000 boe/day. In releasing its unaudited financial results for the second quarter of FY24 (Q2’24) yesterday, it said in a statement that group revenue came in at RM627.6 million, while earnings before interest, taxes, depreciation, and amortisation (Ebitda) and profit after tax (PAT) stood at RM325.3 million and RM102.3 million respectively. PAT improved by 45% over the corresponding quarter in FY23. A total of 1.2 MMbbl of oil and condensate and 0.7 MMboe of gas were sold in Q2 FY2024, for a year-to-date total of 3.9 MMboe of oil, condensate and gas sold. The group estimates to sell a total of 7.7 MMboe for FY24, which is in line with the guidance of approximately 7.5 to 7.8 MMboe provided earlier. The total oil, condensate and gas sold in FY23 was 7.1 MMboe. The consistent positive financial performance has allowed the group to continue rewarding its loyal shareholders. Hibiscus Petroleum declared a second interim single-tier dividend of 2 sen per ordinary share for FY24, for a total of 4 sen declared to date. The group targets to declare a minimum total dividend per share of 7.5 sen over the course of FY24. Adjusting for the impact of the share consolidation exercise concluded in October 2023, this represents a 20% increase in dividend payout in a financial year to be declared in FY24 compared with FY23. Subsequent to receiving a mandate from the company’s shareholders to buy back the company’s shares, as of Feb 19, 2024, the company purchased 3.0 million shares at an average price per share of RM2.53. These shares, representing 0.37% of total issued shares, are currently being retained as treasury shares. B R I E F SJANUARY NEW VEHICLE SALES UP 31% YEAR-ON-YEAR: MAA KUALA LUMPUR: Malaysia’s new vehicle sales soared 31% to 65,499 units in January 2024 against 50,168 units during the same month last year due to higher passenger vehicle sales, according to the Malaysian Automotive Association (MAA). In a statement yesterday, MAA said the total industry volume for January 2024 was 16% lower than December 2023’s 78,398 units. The higher sales in December 2023 are attributed to companies ramping up delivery of vehicles to fulfil backlog orders, it said. During the month, a total of 59,394 passenger vehicles were sold, while commercial vehicles amounted to 6,105 units. A total of 76,077 vehicles were produced in January 2024 compared with 58,527 units in the same month last year. – Bernama AEON CO (M) TO HAVE NEW MD FROM MARCH 1 PETALING JAYA: Aeon Co (M) Bhd has appointed Naoya Okada as its managing director, effective March 1. The board of directors welcomed Naoya as he has been instrumental in the growth of Aeon since he came on board as deputy managing director and also COO in 2022. “Naoya played a pivotal role in Aeon’s transformational journey. His visionary and strategic market knowledge has created an Aeon that is more resilient and agile to meet future challenges”, said Aeon chairman Datuk Iskandar Sarudin. Naoya will be replacing Keiji Ono, an executive with 27 years of experience serving various roles within Aeon Group globally. ‘Ringgit’s recent performance tied to external factors’ PETALING JAYA: The recent performance of the ringgit, similar to other regional currencies, has been influenced by external factors, said Bank Negara Malaysia (BNM) governor Datuk Abdul Rasheed Ghaffour. “Some of these factors include market adjustment to changing US interest rate expectations, geopolitical concerns and uncertainty surrounding China’s economic prospects,” he said in a statement yesterday. He said BNM is of the view that the current level of the ringgit does not reflect the positive prospects of the Malaysian economy going forward. “Growth in 2024 will be driven by the improvement in external demand and strong domestic spending. The latest IMF forecast is for global trade to improve from 0.4% in 2023 to 3.3% in 2024. For Malaysia, exports have shown steady improvements since the fourth quarter of 2023,” said Abdul Rasheed. In fact, he said, the recently released January 2024 exports have turned positive (+8.7%). The tourism sector has recovered strongly with tourist arrivals in 2024 expected to exceed the pre-pandemic levels of 26 million. “Investment momentum has picked up with the implementation of approved projects both in the private and public sectors,” he added. Abdul Rasheed said that reflecting these positive developments and the government’s commitment to implement structural reforms and the expected lowering of interest rates in advanced economies, most analysts are forecasting for the ringgit to appreciate this year. Public Islamic Global Sustainable Growth Fund launched PETALING JAYA: Public Bank’s wholly owned subsidiary, Public Mutual, yesterday launched the Public Islamic Global Sustainable Growth Fund (PISGSGF). The new fund aims to achieve capital growth over the long term by investing in syariah-compliant stocks of companies which incorporate environmental, social and governance (ESG) considerations in their business practices. It will focus its investments primarily in the United States, eurozone and regional markets. “The fund caters to investors who are concerned about the impact of their investments on the environment and the community, and wish to incorporate syariahcompliant and sustainability considerations into their investments,” said Public Mutual CEO Chiang Kang Pey. PISGSGF will invest 75% to 98% of its net asset value (NAV) in syariah-compliant shares or syariah-compliant securities equivalent to shares, with the balance invested in Islamic money market instruments and Islamic deposits. To tap into a broader array of sustainability-based investment products, It may also invest up to 25% of its NAV in ESG-qualified Islamic exchange-traded funds and unlisted Islamic collective investment schemes which track ESG indices. The initial issue price is RM0.25 per unit. The minimum initial investment amount is RM1,000 while the minimum additional investment amount is only RM100. During the 21-day initial offer period from yesterday to March 11, investors can enjoy a promotional sales charge of 4% if they invest RM50,000 and above. CelcomDigi posts solid results in first year as merged entity PETALING JAYA: CelcomDigi Bhd marked a solid first year of operations as a merged company and delivered strong growth in line with its 2023 guidance, enabled by solid market execution and efficient cost management. The company also reported significant progress on integration and synergy targets. In announcing its fourth-quarter and fullyear results for financial year 2023 (FY23) yesterday, it said the company successfully achieved all first-year integration milestones, enabling it to realise gross synergy of more than RM300 million. CelcomDigi completed 35% of its network integration and modernisation target, ahead of its initial plan of 30% by end-2023. The company modernised over 5,600 sites as of December 2023, enabling customers in postconsolidation areas to now enjoy improved download speeds by between 20% and 26%, and better signal strength by between 13% and 16%. The company’s 4G LTE and 4G LTE+ network coverage grew to 97% and 91% of populated areas nationwide respectively. In the quarter, CelcomDigi invested RM1.01 billion in capital expenditure (capex), bringing the total to RM1.75 billion, translating into a capex intensity of 13.8% in FY23. The company managed to optimise capex efficiencies while pushing ahead on prioritised network and IT integration initiatives. CelcomDigi CEO Datuk Idham Nawawi (pic) said, “In 2023, we made significant progress integrating many business areas, achieving this with minimal disruption to customer experience while c o m p e t i n g effectively to lead in the market. We introduced the Ce l c o m D ig i brand and launched over 50 product c a m p a i g n s showcasing our dedication to innovation and c u s t o m e r oTelco delivers on guidance for FY23, declares fourth interim dividend of 3.5 sen, giving total payout of 13.2 sen obsession. This solid market execution and operational excellence enabled us to deliver a strong performance and shareholder value in line with our FY 2023 guidance.” He said they began 2024 with good growth momentum and are optimistic that they will further unlock synergies and benefits envisioned from the merger. “It will be an exciting year for CelcomDigi as we move deeper into our integration efforts and strengthen our market leadership by being a brand that Malaysians can trust and rely on in the age of ‘digitaleverything’.” The company registered across-the-board improvements in its postpaid, prepaid, home fibre, and enterprise segments, driven by enhanced 4G and 5G offerings introduced for all segments in the quarter. Consequently, CelcomDigi recorded service revenue of RM2,737 million in Q4’23, and continued growing its quality subscriber base with additions of over 466K subscribers y-o-y, bringing its total subscribers to 20.6 million. Efficient cost management efforts strengthened Ebitda by 2.6% y-o-y to RM1,597 million, delivering an Ebitda margin of 48.8%, while normalised profit after tax stood at RM507 million. The company declared a fourth interim dividend of 3.5 sen per share or a total dividend of 13.2 sen per share for FY23, in line with its progressive dividend commitment to shareholders.
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 15 Education remains an important pillar of Malaysian society; it equips students with the skills needed to become productive and useful members of society. We invite you to showcase the best of education and the difference your institution has brought to the education landscape. Education matters so join us in 2024! Contact us now for special deals on digital, video and print advertising. Malaysian Paper 03-7784 6688 [email protected] Trade rebounds in January with double-digit increase increased by 18.8% as compared to the same month last year. Meanwhile, he added trade surplus was valued at RM10.1 billion, was the 45th consecutive month of trade surplus since May 2020. As compared to December 2023, he said the performance of exports, imports and total trade recorded an increase of 3.4%, 5.3% and 4.3%, respectively while, trade balance recorded a contraction of 13.8%. From the perspective of the commodity group, 179 out of 259 export groups and 197 out of 259 import groups showed an increase as compared to the same month of the previous year. Mohd Uzir explained that the higher exports was attributable from the increase mainly to Indonesia (+RM2.1 billion) followed by Vietnam (+RM2.1 billion), the US (+RM1.4 billion), Taiwan (+RM1.3 billion) and Australia (+RM1.3 billion). Moreover, higher imports was mainly contributed by Singapore (+RM5.5 billion) followed by China (+RM3.7 billion), the US (+RM2 billion), Taiwan (+RM1.2 billion) and Brazil (+RM1.1 billion). On exports, he said the rise was in line with the increase in petroleum products (+RM2.9 billion); machinery, equipment & parts (+RM1.4 billion); and iron and steel products (+RM1.4 billion). Furthermore, the increase in imports was logged for electrical & electronic products (+RM4.4 billion); petroleum products (+RM2.6 billion) and machinery, equipment & parts (+RM1.7 billion). Mohd Uzir said, “The rise in imports by end use was in line with higher demand for capital goods, consumption goods and intermediate goods. Imports of capital goods with a value of RM13.7 billion, rose by 41.8% as compared to January 2023, representing 12.2% of total imports. Consumption goods (9.2% of total imports), grew by 25.4% from RM8.2 billion in the previous year to RM10.3 billion. Intermediate goods (52.3% of total imports), valued at RM58.8 billion, registered an increase of 21.4% or RM10.3 billion.” oGlobal growth and demand shifts spur Malaysia’s performance with higher exports and imports MAS to use A350 for KL-Doha from April 1 SEPANG: Malaysia Airlines (MAS) will deploy its flagship Airbus A350-900 aircraft on both of its daily nonstop services between Kuala Lumpur and Doha effective April 1. Since November 2023, the airline has deployed the Airbus A350 aircraft on one of its daily services, complemented by its Airbus A330- 300. Malaysia Airlines will deploy its newly acquired Airbus A350 on the second daily service, which has a seating capacity of 300, including 40 in Business Class, 32 in Economy Comfort – featuring larger seat pitch and width – and 228 in Economy Class. Malaysia Aviation Group (MAG) managing director Datuk Captain Izham Ismail said, “The strategic decision to deploy our A350s on both daily services reflects our commitment to continually enhancing the passenger experience, aligning with one of our key customer priorities; ensuring optimal cabin comfort.” Qatar Airways Group CEO Badr Mohammed Al-Meer, said, “Qatar Airways is delighted by yet another milestone in our strategic partnership with Malaysia Airlines. “Since the launch of Malaysia Airlines’ first flight to our awardwinning hub Hamad International Airport in Doha almost two years ago, our partnership growth has been driven by our mutual desire to provide our customers with robust access when travelling to new destinations and ensuring a comfortable and seamless travel experience.” Through the strategic partnership between Malaysia Airlines and Qatar Airways, passengers can enjoy seamless travel and connectivity to over 96 codeshare destinations via the partners’ key hubs in Kuala Lumpur and Doha, reaching onwards destinations covering Malaysia, Southeast Asia, Australia, New Zealand, Middle East, Europe, the Americas and Africa. Airbus and Malaysia Aviation Group sign MoU on carbon emissions study PETALING JAYA: Airbus and Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, have embarked on a collaborative effort with the signing of a memorandum of understanding (MoU) aimed at conducting comprehensive studies on the carbon emissions of the airline group. The agreement was signed in Singapore ahead of the air show there by Philip See, group chief sustainability officer of MAG and Julie Kitcher, Airbus chief sustainability officer. This significant step signifies the initiation of a two-year partnership between the two entities dedicated to exploring various avenues for decarbonisation within MAG’s operations. The MoU between Airbus and MAG encompasses five key areas of focus – Sustainable Aviation Fuel (SAF); Carbon Dioxide Removal (CDR); assessment of financial implications associated with CO2 reduction; forecast and scenario planning; and joint advocacy and communication efforts. “This study with Airbus will strengthen the momentum MAG has on making our aviation unit more sustainable. Since the launch of MAG’s Sustainability Blueprint in 2021, the group is committed to promote socio-economic development and to achieve net zero carbon emission by 2050. This collaboration with Airbus is part of that initiative, and through the study, MAG will be better equipped to deliver on its environmental responsibilities and empower global communities it serves,” said See. Meanwhile, Kitcher said: “Airbus is committed to pioneering sustainable aviation, and this MoU showcases our commitment to increase the development and adoption of decarbonisation tools such as SAF and CDR. Airbus and Malaysia Airlines have a longstanding relationship, which will further deepen when we celebrate the delivery of their new fleet of A330neo later this year.” Hong Leong AM offers first Islamic Private Retirement Scheme KUALA LUMPUR: Hong Leong Asset Management Bhd’s (Hong Leong AM) first Islamic Private Retirement Scheme (PRS) – Hong Leong PRS-Islamic is now available via Hong Leong AM offices and agency forces nationwide. The PRS is following projection that by 2056, over 20% of the population in Malaysia will be aged 65 and above. This phenomenon will bring a new set of challenges in areas such as employment, aged care and income security, and with cost of living continuing to increase, reports have shown that most retirees fully utilise their mandatory scheme savings within five years of retirement. This means that relying on the mandatory scheme savings alone may not be sufficient once active income has stopped. PUTRAJAYA: Moderate growth in the worldwide economy, coupled with changes in demand for Malaysia’s goods from abroad, led to better levels of trade, supported by both exports and imports. Total trade witnessed a double-digit increase by 13.3% to RM234.7 billion, attributable to exports (+8.7%) of RM122.4 billion and imports (+18.8%) of RM112.3 billion. On the contrary, trade balance fell by 44.2% to RM10.1 billion in January 2024 as reported yesterday in Malaysia External Trade Statistics bulletin January 2024. Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said, “Malaysia’s export performance increased in January 2024 in line with the rise in domestic exports and re-exports. Domestic exports worth RM94.7 billion, contributing 77.4% to total exports rose by 10.1% and re-exports amounted to RM27.7 billion, grew by 4.1% as compared to January 2023. Imports in January 2024 worth RM112.3 billion,
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 16 Chinese tourists flock to Southeast Asia oVisitor numbers and spending in hot spots exceed pre-Covid levels BEIJING: Chinese travellers flocked to tourist hot spots across Asia over the Lunar New Year break, with visitor numbers and spending in destinations including Singapore, Thailand and Malaysia exceeding pre-Covid levels. Visa-free access for Chinese tourists to the Southeast Asia countries boosted traffic and signalled a robust revival in travel since Beijing lifted strict Covid restrictions in early 2023 that had all but shut China’s borders for three years. The increase also provides a welcome relief to countries whose tourism industries rely on the Chinese and their spending for growth, although the outlook for a sustained recovery in overseas travel is overshadowed by a sluggish mainland economy and volatile financial markets that have seen consumers tighten their belts at home. “Despite the macroeconomic headwinds, we believe Chinese citizens are still willing to spend on travel-related experiences ... we think travel-related spending could continue to outpace this overall domestic consumption,” HSBC said in a research note. Bookings to Singapore, Thailand and Malaysia combined jumped more than 30% from Feb 10 to 17 compared with 2019, according to travel website operator Trip.com, with Chinese visitors to Hong Kong, Macau, Japan and South Korea also increasing. The holiday in 2024 lasted for eight days, one day more than the Lunar New year break in 2019. Reflecting the boost from visa waivers, hotel bookings for Bangkok tripled over the period from Feb 10 to 13 year-on-year, while those for Singapore jumped nine-fold, according to travel platform LY.com. Spending in Singapore, Thailand and Malaysia combined on the Chinese mobile payment platform Alipay increased 7.5% in the period from Feb 9 to 12 from 2019 levels and nearly seven-fold from last year. However, overall consumer spending only recovered to 82% of levels four years ago, Alipay said. As Chinese scour for new adventures, the Middle East proved a popular Lunar New Year destination, with travel to Saudi Arabia up more than nine-fold from 2019 levels and bookings to United Arab Emirates climbing 60%, Trip.com said. The gambling hub of Macau, the only place in China where citizens can legally gamble in casinos, recorded a surge in Chinese tourists with more than a million visiting over the holiday and average hotel occupancy rates reaching 95%, according to official data. The jump in tourists bodes well for some of the world’s largest casino operators in the former Portuguese territory, including Sands China and Wynn Macau. JP Morgan said in a note it expected daily gross gaming revenues for the peak of the holiday to hit US$124 million for the first time in more than four years – higher than the US$112 million generated during the October 2023 Golden Week holiday. Mass gaming rates were forecast to have reached 120% of pre-Covid levels, it said, adding that it expects SINGAPORE: The city-state yesterday kicked off Asia’s biggest air show – the first in six years unaffected by pandemic restrictions – as the global aviation industry grapples with a rebound in travel demand in the face of severe supply constraints. More than 1,000 firms from more than 50 countries are participating in the biennial commercial and defence-focused Singapore Airshow, led by Western industry giants such as Airbus, Boeing and Lockheed Martin and their Chinese competitors such as Comac and AVIC. Russian companies such as Russian Helicopters and Irkut that attended past editions of the show are not participating this year amid the war in Ukraine. The flying displays feature military aircraft from Singapore, Australia, India, Indonesia, South Korea and the United States, as well as the Comac C919 commercial jet’s first appearance outside Chinese territory and an Airbus A350-1000 powered by 35% sustainable aviation fuel. Comac posted the first aircraft orders of the show yesterday morning, with China’s Tibet Airlines finalising an order for 40 C919 single-aisle planes and 10 ARJ21 regional jets, and China’s Henan Civil Aviation Development and Investment Group ordering six ARJ21s. By the end of 2023, travel demand had made a near-full recovery from pre-pandemic levels in 2019, with domestic travel running 4% higher than pre-Covid levels and the international market lagging at 88% mostly because of China’s slower rebound, according to International Air Transport Association data. “While it was easy to ramp down in response to the pandemic-induced demand crisis, the ramp up has been beset with challenges,“ Alton Aviation Consultancy said in a report. “Delays in returning aircraft into service, exacerbated by a shortage of manpower across the entire value chain, led to a slower pace of recovery in Asia-Pacific.” Major suppliers, planemakers and engine producers have struggled to keep up with the rebound in demand after the sharp downturn during Covid-19 led to job losses, freight snarls and an industry skills shortage. Christian Scherer, CEO of Airbus’ commercial aircraft business, said there were many “pinch points” in the aerospace supply chain. “The production ramp-up is putting pressure into the supply chain everywhere and it is our job to tackle it,” he told reporters, adding that Airbus had deployed several dozen supply chain engineers to unlock bottlenecks. The production issues are delaying the ability of airlines to replace older jets with more fuel-efficient models as the industry looks to meet its goal of “net zero” emissions by 2050. – Reuters TikTok violates Indonesian in-app transactions ban, says minister JAKARTA: Chinese short video app TikTok is still violating Indonesia’s rule that bans in-app transactions, a minister said yesterday, after it took control of the country’s biggest e-commerce platform to restart its online shopping business. TikTok had been forced to close its relatively new e-commerce service, TikTok Shop, in Indonesia after the country banned online shopping on social media platforms last year, citing the need to protect smaller merchants and users’ data. Indonesian tech conglomerate GoTo said last month that TikTok, owned by China’s ByteDance, had completed a deal agreed in December to buy 75.01% of Tokopedia for US$840 million. Teten Masduki, the Indonesian minister for small-medium enterprises (SMEs) who spoke frequently against TikTok Shop prior to last year’s ban, told reporters that TikTok still had not complied with the regulation. “The trade minister has to reprimand TikTok so that it complies with the regulation, if not then ... the government’s authority is undermined.” A TikTok representative in Indonesia did not immediately respond to a Reuters request for comment. The Trade Ministry said it was still considering how best to respond to the issue. TikTok said last year it intended to invest billions of dollars in Southeast Asia including Indonesia, the region’s biggest economy. – Reuters PetroVietnam not satisfied with court decision HANOI: Vietnam’s state oil firm PetroVietnam said yesterday it was not satisfied with a court decision last week that favoured Russian power equipment manufacturer Power Machines in a legal case against PetroVietnam. “The content of the judgment contained serious errors, affecting the outcome of the lawsuit and depriving PetroVietnam of fair rights,” the firm said. Power Machines’ lawsuit, filed in Singapore, sought to reclaim funds invested for constructing a power plant in Vietnam, a project that was halted in 2018 after Power Machines was placed under US sanctions. The coal-fired power plant, Long Phu 1, with a designed capacity of 1.2 gigawatts in the southern province of Soc Trang had been scheduled to start power generation in 2019, according to PetroVietnam. Vietnamese Minister of Industry and Trade Nguyen Hong Dien told Parliament in November that PetroVietnam would proceed with the project regardless of the court decision. – Reuters February gross gaming revenues to rise by at least 80% year-on-year to US$2.36 billion, the highest in more than four years. Across the border in Hong Kong, Chief Executive John Lee said yesterday more than 1.2 million Chinese tourists visited the city over Lunar New Year and overall hotel occupancy rates reached 90% in the first few days. Around 1,980 group tours from mainland China visited Hong Kong during the holiday. South Korea’s Justice Ministry said more than 114,000 Chinese visitors entered the country during the holiday, up 4% from 2019, while some travel agents noted tourists were increasingly opting to travel on their own rather than in groups, which meant fewer organised trips to mega-stores. “With drops in the number of group tourists, we don’t get to see Chinese tourists carrying big shopping bags anymore,” said an official at a travel agency in Seoul. In Japan, department store operator Isetan Mitsukoshi Holdings said that through to Feb 14 “duty-free sales were significantly higher than the previous year, partly due to the Chinese New Year”. A shift in holiday tastes was reflected in some data as travellers sought more experience-based trips, with Alipay reporting Chinese tourists globally spent 70% more on food and beverages compared with pre-Covid levels. Trip.com said overseas car rentals on its platform jumped 53% compared to 2019 and tickets for scenic experiences abroad soared more than 130%. – Reuters South Korean Air Force’s Black Eagles performing at the Singapore Airshow. – REUTERSPIC Asia’s biggest air show kicks off in Singapore
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 17 Zee seeks to revive US$10b merger with Sony NEW DELHI: India’s Zee Entertainment is making a final attempt to restart discussions with Japan’s Sony Group to revive their US$10 billion (RM48 billion) merger deal which was scrapped on Jan 22, Indian business daily Economic Times reported yesterday, citing people aware of the matter. Representatives from both parties have been working to salvage the deal, with efforts to revive the merger gaining momentum over the past two weeks, the report added. However, there is a chance that the discussions might fail as significant differences remain unresolved and both sides are standing firm on their positions, it said. Zee and Sony did not immediately reply to Reuters’ request for comments. Sony terminated the merger with Zee due to certain unresolved “closing conditions” and leadership disputes, including disagreements over CEO Punit Goenka’s involvement in regulatory issues. Zee is expected to notify Sony within the next 48 hours regarding its willingness to accept all terms and conditions and proceed with the merger, the newspaper said. If not, Sony is expected to withdraw its original merger application with the National Company Law Tribunal by the end of this week, as agreed upon when the merger was initially proposed. The Zee Entertainment-Sony merger, in the works for two years, would have created an Indian television juggernaut with more than 90 channels across sports, news and entertainment that would have competed with the likes of Walt Disney and billionaire Mukesh Ambani’s Reliance Industries. Shares of Zee rose 5.2% in early trading yesterday. – Reuters Founder of Japanese discount chain Daiso dies at 80 TOKYO: Hirotake Yano (pix), the Japanese ¥100 shop pioneer and founder of the Daiso chain, has died, the company said. The billionaire “passed away due to heart failure at the age of 80 in Hiroshima” on Feb 12, Daiso said in a statement on Monday. After unsuccessful stints at his father-in-law’s fish business and peddling encyclopedias, Yano started selling goods from a street stall in 1972. Five years later, tired of having to put different prices on different items, Yano launched Daiso where all goods are priced at ¥100 (RM3.19). Helped by stagnant wages and prices, Daiso outlets – selling everything from the useful to the silly, and sometimes for more than ¥100 – are now ubiquitous. The discount chain began expanding across Asia and beyond, beginning in Taiwan in 2001, and 990 of its 5,350 stores are outside Japan, according to its website. “I have failed many times but I kept going because I thought there was nothing else I could do,” Japanese media quoted Yano as saying in 2001. “It’s the value and the fun that customers can find in ¥100. “They get mental satisfaction from their shopping experience,” he said. – AFP China makes record cut to mortgage reference rate SHANGHAI: China announced its biggest ever reduction in the benchmark mortgage rate yesterday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis point cut to the five-year loan prime rate (LPR) was the largest since the reference rate was introduced in 2019 and far more than analysts had expected. “This is the biggest signal. In other words, the largest interest rate cut cycle in history has begun,” said Yan Yuejin, analyst at E-House China Research and Development Institution. The cut will directly impact the real estate sector by lowering mortgage costs, he said. The five-year loan prime rate (LPR) was lowered by 25 basis points to 3.95% from 4.20% previously, while the one-year LPR was left unchanged at 3.45%. Most new and outstanding loans in China are based on the one-year LPR, while the five-year rate influences the pricing of mortgages. In a Reuters poll of 27 market watchers conducted this week, 25 expected a reduction to the five-year LPR. They projected a cut of five to 15 basis points. The deeper-than-expected cut also suggests Beijing is no longer as concerned about the negative effects oBid to revive property market fails to excite stock investors of lower lending rates on the currency or banks as they were last year. A central bank-backed newspaper said yesterday that the benchmark mortgage rate cut would not create a negative impact on banks’ net interest margins. At the same time, diminished spillover effects from other major economies, particularly the United States where the Federal Reserve is now expected to cut rates, allowed Beijing to provide more monetary policy support. Still, authorities are likely to remain wary of pressure on the yuan from lower domestic rates. The Chinese currency fell to its lowest since Nov 20 after the LPR announcement but has since trimmed losses. Sources told Reuters that China’s major state-owned banks stepped in to the market selling dollars for yuan, in an attempt to arrest weakness. In stock markets, while the property and banking sectors made gains, the rates decision failed to shore up broader investor confidence. China last trimmed the five-year LPR in June last year by 10 basis points. Beijing has stepped up efforts to rescue the ailing property sector, but the measures have come in fits and starts, weighing heavily on a sector that drives a quarter of the economy and the stock market. New home prices saw their worst declines in nine years last year, while the stock market is languishing after hitting five-year lows. Government-backed media last week reported that state banks have boosted lending to residential projects under the “white list” mechanism aimed at injecting liquidity into the crisis-hit sector. Most analysts and investors are waiting for more measures to boost consumption and put a floor under property prices, their hopes higher after authorities replaced the chairman of the market regulator just before the Lunar New Year break. “I think this move is more signal than substance,” said Ben Bennett, Asia-Pacific investment strategist at Legal and General Investment Management in Hong Kong. “Most people aren’t buying houses because mortgage costs are too high, they’re worried about developers going bankrupt and house prices falling. “But it does signal a determination to support the housing market. We need to see if this is followed up with more cash injections into lenders, housing projects and developers.” More easing could be coming. Recent deposit rate cuts and the reduction to bank reserves are giving commercial banks space to reduce borrowing costs to support the economy. While the new mortgage reference rate comes into effect immediately, existing mortgage holders will not benefit from any reduction in loan repayments until next year, as mortgage rate repricing is on a yearly basis. The LPR, which banks normally charge their best clients, is set by 20 designated commercial banks who submit proposed rates to the central bank every month. – Reuters BHP profit dives after hits from nickel, mine disaster SYDNEY: Mining giant BHP reported an 86% slump in half-year net profit yesterday, hit by a writedown of its nickel assets and costs related to a 2015 Brazilian mining disaster. Sales rose 6% to US$27.2 billion (RM130 billion) in the six months to Dec 31 when compared to a year earlier, the Anglo-Australian firm said. But net profit slumped 86% to US$927 million in the same period as it took a hammering from exceptional items. BHP posted losses of US$2.47 billion on writedowns of its nickel assets in Western Australia and another US$3.17 billion over the fatal collapse of the Samarco iron ore tailings dam in Brazil. BHP said its underlying profit for the period was US$6.6 billion, however, barely changed from a year earlier. “We’ve seen volatility in global commodity prices, and demand in the developed world has been softer than expected,” said BHP chief executive Mike Henry. “That said, China demand is healthy despite weakness in housing, and India remains a bright spot.” The group announced last week that it was writing down its Western Australian nickel assets because of a market slide caused by a surge in exports from Indonesia. Nickel is essential to the manufacture of stainless steel and BHP representatives greeting visitors to their booth during the Prospectors and Developers Association of Canada annual convention in Toronto. – REUTERSPIC of the batteries that are fuelling the world’s transition to greener energy. But prices have dropped about 40% in the past year as new refining techniques enabled low-quality nickel from Indonesia to be used for batteries. Last month, a Brazilian court ordered miners Vale and BHP to pay US$9.56 billion over a dam collapse at their Samarco joint venture iron ore mine. The dam failure at their mine in the southeastern town of Mariana released nearly 40 million cubic metres of toxic sludge, flooding 39 homes and killing 19 people. In a statement yesterday, BHP said the joint venture partners had filed a “clarification motion” over the Brazilian court order, citing “certain factual inaccuracies in the decision, including the calculation of damages”. BHP Brasil also intends to appeal the decision, challenging the merits and the amount of damages, it said, estimating that a decision could take two to five years. – AFP
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 18 /theSunMedia FOLLOW ON YOUTUBE Malaysian Paper Bitcoin reclaims US$1 trillion crown oCrypto sector bolstered by regulatory approval of several spot ETFs NEW YORK: The world’s largest cryptocurrency has leapt 22% this year to US$52,005 (RM249,000), pushing it past a market value of US$1 trillion mark for the first time since its record heyday of late 2021. Its resurgence has electrified the broader cryptocurrency market, including ether and other digital coins, which has now exceeded US$2 trillion, as per data from CoinGecko. The sector has been bolstered by the US regulatory approval of several spot bitcoin exchange traded funds (ETFs), from BlackRock and Fidelity among others, which allow access to the crypto coin vis regular stock exchanges. The US spot ETFs added 60,000 bitcoins in the first month of their launch, more than twice the miner production in the same period, brokerage Bernstein said. “The amount of flows far outstrips anyone’s expectation,” said Mark Connors, head of research at Canada’s 3iQ Corp. Crypto trading volumes are also robust. Total spot trading volumes on centralised exchanges rose 4.4% to US$1.4 trillion in January, recording the fourth consecutive monthly increase and the highest reading since June 2022, a report by UK research firm CCData said. The resurgence of interest helped the largest listed crypto exchange Coinbase Global post its first quarterly profit in two years last week . “The bitcoin appreciation is contributing to better spot bitcoin ETF flows, which is in turn driving bitcoin prices higher, and pulling other tokens higher as well,” JP Morgan analysts said. Many industry watchers say the outlook is looking bright at the moment, with investors buying bitcoin ahead of the blockchain’s “halving” – a preplanned process that reduces mining rewards in half every four years – due in April. Bernstein analyst Gautam Chhugani expects 2024 to be a break-out year for cryptocurrencies where bitcoin hits all-time highs followed by a peak of US$150,000 by mid-2025. “This optimistic outlook is bolstered by the expectation of an upcoming halving event and the possibility of interest-rate reductions,” CCData analysts said. While bitcoin remain 32% away from its record high of US$69,000, it notched an all-time high against the yen at ¥7,919,000 last week. However, there are some signs the market is being driven by investors’ fear of missing out. CoinGlass’ Crypto Fear & Greed Index, a scale of 0 to 100 where zero denotes “extreme fear” and 100 signals “extreme greed”, hovered at 72. Usually when investors get too greedy, it signals the market is due for a correction. Riskier assets such as bitcoin could also be threatened by persistently high interest rates; traders’ have pushed back bets of a rate cut to June from March following a string of strong US economic data. “While we remain bullish with liquidity rushing back into risk assets, inflation being sticky over 3% remains a downside risk and would also mean increased volatility across markets,” said analysts at crypto trading firm QCP Markets. – Reuters Wind-powered chemical tanker sets sail ROTTERDAM: The world’s first chemical tanker ship fitted with massive rigid aluminium “sails” has left Rotterdam, its owner hoping to plot a route to bringing down the shipping industry’s huge carbon footprint. The MT Chemical Challenger, a 16,000-tonne chemicals transporter set sail from Antwerp for Istanbul last Friday, and will undergo sea trials along the way. Built in Japan and kitted out with four giant 16m sails similar to aircraft wings, the tanker’s owners hope to cut fuel consumption by 10% to 20% as the sails will allow the ship’s captain to throttle back on the engine. “As an avid sailor myself, I have been thinking for a long time how we can make our industry more sustainable,” said Niels Grotz, CEO of Chemship, which operates a fleet of chemical tankers mainly between US ports in the Gulf of Mexico and the eastern Mediterranean. Global shipping – which burns diesel and other bunker fuels – contributed 2% of the world’s carbon emissions in 2022, the International Energy Agency said. New International Maritime Organisation guidelines said shipping emissions needed to be cut by at least 40% by 2030 and down to zero by around 2050 if the Paris Climate Accords are to be achieved. “With the sails on this ship, we’re expecting a yearly reduction of some 850 tonnes. That’s the same output as around 500 cars annually,” Chemship said in a statement. Grotz said the project to put sails on one of his chemical tankers – with others to follow – came when he and Dutch company Econowind, which specialises in building wind propulsion systems for ships, first put their heads together three years ago. Last week, the installation of the four sails was completed while the Chemical Challenger lay dockside in Rotterdam’s sprawling harbour. Although not the first modern ship to be kitted out with rigid sails – last year British firm Cargill put a wind-assisted cargo ship to sea for instance – Chemship said their Chemical Challenger is the world’s first chemical tanker ship with sails. Built similar to an aeroplane wing, the rigid aluminium sails are equipped with a system of vents and holes to maximise airflow in winds of up to 60km. “This system, called a ‘ventilated wingsail’, increases the wind’s power by five times and gives the same power as an imaginary sail of 30m by 30m,” said Rens Groot, sales manager at Econowind. – AFP US plans to give GlobalFoundries US$1.5b to boost chip production NEW YORK: The United States plans to award giant chipmaker GlobalFoundries US$1.5 billion (RM7.2 billion) in direct funding to boost domestic chip production, the Commerce Department said on Monday. The world’s third-largest contract chipmaker and the Commerce Department have penned a preliminary memorandum of terms to provide the funding “to strengthen US domestic supply chain resilience, bolster US competitiveness in current-generation and mature-node (C&M) semiconductor production”, said a statement from the department. The deal will also support economic and national security capabilities, it added. The proposed funding, to be provided under the 2022 US Chips and Science Act, will go towards constructing a new facility and upgrading the firm’s production sites in New York and Vermont. The “preliminary agreement ... will award approximately US$1.5 billion to expand domestic production of semiconductors, strengthen US supply chains, and create thousands of good paying jobs right here in America”, Vice-President Kamala Harris was cited as saying in the department’s statement. Chips are crucial in powering everything from smartphones to fighter jets. They are also increasingly in demand by automakers, especially for electric vehicles, adding to the pressure to raise production. The global chip industry is currently dominated by just a few firms, including Taiwan Semiconductor Manufacturing Company and US-based Nvidia. – AFP The Chemical Challenger during its stop at Rotterdam. – AFPPIC UK regulator to scrutinise baby formula market LONDON: Britain’s antitrust regulator said yesterday it would scrutinise the country’s infant formula market after prices soared by 25% over the last two years. The rising cost of baby milk formula has been in the spotlight during Britain’s inflation-driven cost of living crisis, with media reports saying that some struggling parents have watered it down to feed their children. Nestle and Danone are amongst the companies which supply baby formula in Britain through brands such as SMA Nutrition and Cow & Gate. The Competition and Markets Authority (CMA) said it would launch a market study, meaning it has the power to force suppliers to provide information on pricing and other issues, instead of relying on voluntary submissions. The regulator said it would aim to publish its final report in September, adding that it would consider whether there are problems in the baby formula market and if so what actions should be taken to address these. CMA chief executive Sarah Cardell said that the cost of infant milk remained at “historically high levels” even after prices fell over the last three months. “We’re concerned that parents don’t always have the right information to make informed choices and that suppliers may not have strong incentives to offer infant formula at competitive prices.” – Reuters
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 19 STOCKS CLOSING (RM) +/- (RM) VOLUME (’00) HEIM 22.92 -0.52 5,354 MPI 26.26 -0.24 358 ALLIANZ-PA 20.6 -0.2 21 ALLIANZ 19.24 -0.14 583 DLADY 23.7 -0.1 59 RHBBANKC52 0.06 -0.09 400 GOOGLE-C10 0.805 -0.08 1 KESM 6.63 -0.07 16 FBMKLCI-HMY 0.085 -0.065 600 AEONCR 6.23 -0.06 4,294 CARLSBG 19.2 -0.06 1,505 CHINHIN 3.96 -0.06 1,640 F&N 29.1 -0.06 1,149 SHH 1.2 -0.06 500 AME 1.7 -0.05 13,890 BIPORT 5.7 -0.05 142 CANONE 2.43 -0.05 1,343 COMCORP 1.44 -0.05 1,749 HEXTECH 1.33 -0.05 24,271 HLIND 9.42 -0.05 150 STOCKS CLOSING (RM) +/- (RM) VOLUME (’00) UTDPLT 21 +0.480 4,747 PPB 15.5 +0.360 7,916 DIALOG 2.2 +0.340 920,799 PCHEM 7.09 +0.250 51,091 NIKKEI-C8 1.7 +0.210 8 VITROX 7.2 +0.180 4,286 SIME-C71 0.385 +0.175 14,916 TENAGA 11.36 +0.160 56,911 DAYANG 2.3 +0.130 241,971 SIME 2.63 +0.120 411,664 TEOSENG 2.3 +0.120 28,508 YTLPOWR 3.92 +0.120 276,195 HENGYUAN 3.2 +0.110 9,278 SALUTE 0.73 +0.110 222,615 AXIATA 2.89 +0.100 106,789 HLFG 16.48 +0.100 2,420 NESTLE 122 +0.100 1,246 WASCO 1.27 +0.100 23,590 HIBISCS 2.66 +0.090 38,401 HUMEIND 2.94 +0.090 4,495 STOCKS CLOSING (RM) +/-(RM) +/-(%) VOLUME HONGSENG 0.02 - - 1,283,558 TWL 0.03 -0.005 -14.29 1,149,965 DIALOG 2.2 +0.340 +18.28 920,799 ARMADA 0.595 +0.035 +6.25 854,758 MINETEC 0.175 +0.005 +2.94 646,841 VELESTO 0.28 +0.015 +5.66 603,161 HSI-CTQ 0.095 +0.010 +11.76 573,508 HSI-CVE 0.235 +0.020 +9.30 572,414 FITTERS 0.05 - - 571,367 MMAG 0.11 -0.025 -18.52 548,492 HSI-CVB 0.21 +0.010 +5.00 544,508 EKOVEST 0.515 -0.005 -0.96 541,170 HSI-HSL 0.25 -0.02 -7.41 541,038 WIDAD 0.13 - - 474,824 PERDANA 0.285 +0.020 +7.55 456,202 SMTRACK 0.05 - - 429,366 SIME 2.63 +0.120 +4.78 411,664 ITRONIC 0.075 +0.010 +15.38 398,793 HSI-HPR 0.145 -0.03 -17.14 388,133 RENEUCO 0.075 - - 367,778 SUNBIZ presents a summary of the day’s trading activity on Bursa Malaysia and other markets in an easy to digest format. MARKET ROUND-UP: FEBRUARY 20 [ Sources: Bursa Malaysia, Bernama, shareinvestor.com and websites DISCLAIMER: The data and reports are provided as a service to investors. Sun Media Corporation Sdn Bhd shall not be liable or responsible for any consequences resulting from usage of the information. INDEX CHANGE FBMEMAS 11,549.20 +128.56 FBMKLCI 1,555.59 +16.98 CONSUMER PRODUCTS 580.43 +3.87 INDUSTRIAL PRODUCTS 177.80 +2.19 CONSTRUCTION 213.06 +1.16 FINANCIAL SERVICES 17,354.20 +102.55 ENERGY 946.95 +50.89 TELECOMMUNICATIONS 621.75 +4.38 HEALTH CARE 1,991.81 +7.27 TRANSPORTATION 969.25 -2.04 PROPERTY 936.90 +1.34 PLANTATION 7,343.36 +44.62 FBMSHA 11,625.90 +147.94 FBMACE 4,880.60 +15.30 TECHNOLOGY 63.43 +0.46 TURNOVER: 3.702 bil VALUE: RM2.940 bil Top 20 Actives Top 20 Gainers (By RM) Top 20 Losers (By RM) Bursa Indices STOCKS CLOSING (RM) +/- (%) VOLUME (’00) DIALOG-C1G 0.065 +550.00 121,235 DIALOG-C1F 0.04 +300.00 600 DIALOG-C1C 0.05 +233.33 1,001 DIALOG-C1E 0.03 +200.00 11,722 DIALOG-C1D 0.035 +133.33 73,960 ASTRO-C57 0.01 +100.00 1,161 COASTAL-CO 0.01 +100.00 600 DIALOG-C1H 0.07 +100.00 24,937 EDUSPEC-WB 0.01 +100.00 17,107 FITTERS-WC 0.01 +100.00 142,678 HIBISCS-C50 0.01 +100.00 8,500 HSI-CR4 0.01 +100.00 3,925 VELESTO-WA 0.01 +100.00 20,393 ZENTECH-WB 0.01 +100.00 10,003 SIME-C71 0.385 +83.33 14,916 ARMADA-C87 0.045 +80.00 57,974 ARMADA-C82 0.04 +60.00 1,700 HENGYUANC51 0.04 +60.00 18,319 FOCUS 0.015 +50.00 5,335 HIBISCS-C55 0.015 +50.00 9,300 Top 20 Gainers (By %) STOCKS CLOSING (RM) +/- (%) VOLUME (’00) MYEG-C5C 0.005 -87.50 200 HSTECH-CV 0.005 -66.67 1,000 FBMKLCI-HMS 0.01 -60.00 6,000 RHBBANKC52 0.06 -60.00 400 DUFU-CR 0.015 -57.14 400 CNASIA-WA 0.01 -50.00 100 HM-WB 0.005 -50.00 534 KGROUP 0.005 -50.00 12,300 MTRONIC-WB 0.005 -50.00 250 UWC-C4 0.02 -50.00 2,500 FBMKLCI-HMY 0.085 -43.33 600 DRBHCOMC2X 0.02 -42.86 1,000 PUC-WA 0.015 -40.00 233 BJFOOD-CI 0.01 -33.33 2,000 WEGMANS-WC 0.02 -33.33 15,770 MYEG-C4P 0.035 -30.00 200,001 ALIBABA-C32 0.015 -25.00 1,400 EKOVEST-C42 0.03 -25.00 500 FBMKLCI-HMU 0.03 -25.00 1,300 FBMKLCI-HMV 0.015 -25.00 800 Top 20 Losers (By %) INDEX CLOSING DAILY DAILY CHANGE CHANGE (%) DJIA (US) 38627.99 -145.13 -0.37 S&P 500 (US) 5005.57 -24.16 -0.48 NASDAQ (US) 15775.65 -130.52 -0.82 NYSE (US) 17409.30 -25.63 -0.15 EURO STOXX 50 (EUR) 4756.48 -6.59 -0.14 FTSE 100 (UK) 7722.20 -6.30 -0.08 DAX (GER) 17038.77 -53.49 -0.31 NIKKEI 225 (JPN) 38363.61 -106.77 -0.28 TOPIX INDEX (JPN) 2632.30 -7.39 -0.28 HANG SENG INDEX (HK) 16247.51 +91.90 +0.57 CSI 300 (CHN) 3410.85 +7.04 +0.21 MSCI ASIA PACIFIC 171.10 +0.20 +0.12 SHANGHAI SE COM (CHN) 2922.73 +12.19 +0.42 KOSPI INDEX (SK) 2657.79 -22.47 -0.84 SENSEX INDEX (IND) 72871.25 +163.09 +0.22 ASX 200 (AUS) 7659.05 -6.05 -0.08 ALL ORDINARIES INDX (AUS) 7911.47 -1.83 -0.02 FBM KLCI 1555.59 +16.98 +1.10 STRAITS TIMES INDEX (S’PORE) 3244.06 +18.15 +0.56 WTI (US$/BBL.) 79.15 -0.04 -0.05 BRENT (US$/BBL.) 83.05 -0.51 -0.61 GOLD (COMEX) (US$/T OZ) 2034.80 +10.70 +0.53 SILVER (COMEX) (US$/T OZ) 23.08 -0.40 -1.70 PLATINUM (US$/T OZ) 905.61 +2.86 +0.32 COPPER (COMEX) (US CENTS/LB.) 384.05 -1.10 -0.29 COPPER 3MO (LME) (US$/MT) 8434.50 -54.50 -0.64 CORN (US CENTS/BU.) 431.25 +1.75 +0.41 WHEAT (US CENTS/BU.) 556.50 -2.50 -0.45 SOYBEAN OIL (CBOT) (US CENTS/LB.) 46.17 +0.09 +0.20 COCOA (ICE) (US$/MT) 5341.00 -264.00 -4.71 RUBBER (S’PORE) (US CENTS/KG) 155.40 +0.70 +0.45 World Stocks/Commodities as at 5pm, Feb 20 Bursa surges 1.1%, energy counters lead broad rally BURSA Malaysia surged 1.1% yesterday as the market rally gathered steam with almost all sectors led by the energy counters recording gains. At 5pm, the FBM KLCI garnered 16.98 points to 1,555.59 to end at its intraday high, compared with Monday’s close of 1,538.61. The benchmark index opened 0.11 of-a-point higher at 1,538.72 and subsequently hit an intraday low of 1,537.94. The market breadth also exhibited continued improvement with gainers edging losers 594 to 419, while 460 counters were unchanged, 825 untraded and nine others suspended. Turnover expanded to 3.68 billion units worth RM2.94 billion from Monday’s 3.48 billion units worth RM2.07 billion. Head of wealth research & advisory, designated portfolio manager at UOB Kay Hian Wealth Advisors, Mohd Sedek Jantan said the energy sector is moving in line with Brent crude oil currently at US$83 per barrel, marking its highest point in 2024. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng added that investors’ optimism was also reignited by the recovery in major regional markets, fuelled by late buying, following China’s decision to lower its five-year loan prime rate by 25 basis points to 3.95%,“ he told Bernama. On the local bourse, index-linked heavyweights gained traction with 27 counters in the positive territory led by Petronas Chemicals, which rose 25 sen to RM7.09. Sector-wise, the Financial Services Index was 102.55 points stronger at 17,354.21, the Plantation Index gained 44.62 points to 7,343.36, the Energy Index was 50.89 points higher at 928.27, and the Industrial Products and Services Index perked 2.19 points to 177.80. 1,555.59pts Feb 20, 2024 Participation 19.2 45.5 35.3 100.0 Retail Institutions Foreign Bought RM m 508.6 1187.3 1244.3 2940.2 Sold RM m 620.8 1488.9 830.5 2940.2 Net RM m -112.2 -301.6 413.8 0.0 % Preliminary stats (excluding trade amendments). For final data, please refer to www.bursamalaysia.com Source: Bursa Malaysia A Participating Organisation of Bursa Malaysia Securities Berhad A Trading Participant of Bursa Malaysia Derivatives Berhad S E C U R I T I E S S D N. B H D. 197201001092 (12738-U) 20/2/2024
BIZ & FINANCE BIZ & FINANCE WEDNESDAY | FEB 21, 2024 20 MARKETS/FROM THE BROKERS SUNBIZ presents extracts of a selection of commentaries and research reports received from stockbrokers on counters that could be of interest to investors. [Compiled by SunBiz Team DISCLAIMER: The information is extracted from stockbrokers’ commentaries and research reports and do not represent the views or opinions of Sun Media Corporation Sdn Bhd. It is not a solicitation, recommendation or an offer to buy or sell the equities featured. Sun Media Corporation shall not be liable or responsible for any consequences resulting from usage of the information. MGB’S FY23 core earnings were partly backed by robust construction revenue growth of 45% YoY from projects such as Idaman Bandar Saujana Putra, KITA Mekar, Prestige, and KITA Sejati. In the same vein, the property development arm saw a >100% jump in revenue during Q4’23, backed by sales of Idaman Melur (61% sold), Idaman Cahaya (76% sold), and Idaman Sari (90% sold). As such, PBT margins of the property arm grew in tandem to reach 16.1% in FY23 (FY22: 13.5%). MGB’s outstanding orderbook of RM1.1bn as of end Q4’23 (endQ3’23: RM1.3 billion) includes four jobs (cumulative contract value: RM635 million) related to LBS Bina’s (LBS MK, BUY, TP: RM0.82) key township development, KITA@Cybersouth. As such, MGB continues to be seen as a frontrunner for LBS Bina’s upcoming projects under the KITA@Cybersouth development. Its ongoing four projects under this township makes up RM295 million or 26% of the group’s outstanding construction orderbook. We also believe LBS Bina’s plan to launch 10 projects with a total GDV of RM2.3 billion in 2024 across the Klang Valley, Pahang, and Johor should also benefit MGB’s job replenishment prospects. With MGB’s precast venture in KSA to take off, in addition to the possibility of the group scoring more affordable housing jobs in Selangor beyond the current 7.2k units, we view the valuations to be undemanding, as its 8x FY25F P/E is -1SD below its 5-year mean. Catalysts include developing new property projects in Johor, as MGB already has two projects in the state – Laman Bayu (Batu Pahat) and Pangsapuri Saujana Indah. Stay BUY and RM1.13 TP (SOP), 30% upside and 2.5% FY24F yield. DESPITE the slowdown in loan growth momentum in the recent Q1 FY24 quarter (flat QoQ), which management said was due to corporate repayments and unattractive pricing, we understand from a recent conversation with HL Bank that the Q2 FY24 loan growth momentum should be better – led by both retail and nonretail segments, and in line with the positive momentum from the broader system statistics. NIM is also expected to hold up well, despite the impact from deposit competition. HL Bank had started building up its deposits early in anticipation of seasonal competition. On the non-II front, we think fees should do well in Q2 FY24, partly thanks to card- and loan-related fees. Meanwhile, bond yield movements indicate a favourable trading quarter for banks, but market-related income tends to be harder to predict. All-in, baring a sharp drop-off in market income, we think HL Bank should see a decent quarter in terms of operating income. We expect an interim DPS of 21 sen (Q2 FY23: 21 sen) and project FY24F DPS at 62 sen (FY23 DPS: 59 sen). This is based on a payout ratio of 31% (FY23: 32%). Hong Leong Bank (HL Bank) is expected to announce its Q2 FY24 (June) results on Feb 28. We expect it to book decent operating income growth QoQ, partly offset by normalising loan provisions from the net write-back in Q1 FY24. Its share price performance has lagged, we believe, on concerns over its China exposure. In the near term, we expect a brighter China macroeconomic outlook, which should help allay concerns. Stay BUY and RM23.20 TP, 20% upside with 3% FY24F yield. DIALOG’S 1H FY24 core profit of RM275 million (excluding RM6.4 million investment losses and RM0.8 million forex gains) met expectations at 52% and 49% of our full-year forecast and the fullyear consensus estimate, respectively. The company did not announce any dividend distributions for the quarter. YoY, its 1H FY24 revenue saw a 9% increase, driven by enhanced upstream production and an uptick in the occupancy rates at its fully-owned Langsat Terminals. Internationally, its Jubail Supply Base saw higher activity, along with a rise in EPCC revenue from Singapore, Australia, and New Zealand. However, its core earnings growth was more modest at 8%, tempered by a slight decline in income from joint ventures and associates, attributable to reduced earnings from JV-owned terminals. Additionally, an increase in finance costs YoY partially offset revenue growth. QoQ, its top line picked up by 10%, underpinned by healthy activities in both its owned local and international businesses which are not JVowned. However, its core profit saw a more significant uptick of 17%, driven largely by lower finance costs, partially eroded by weaker earnings from JV and associates. We continue to like DIALOG for: (i) the resilient earnings from its non-cyclical businesses such as operation of storage facilities and plant maintenance, (ii) its earnings growth and diversification driven by the forays into upstream investments, including production assets (its current portfolio of Production Sharing Contracts includes Baram Junior Cluster, D35/D21/J4 and Concession L53/48 in Thailand), and (iii) its strong track record in project execution. We maintain our forecasts, TP of RM3.10 and OUTPERFORM call. FOREIGN CURRENCY SELLING TT/OD BUYING TT BUYING OD 1 US Dollar 4.8560 4.7220 4.7120 1 Australian Dollar 3.1910 3.0660 3.0500 1 Brunei Dollar 3.6070 3.5040 3.4960 1 Canadian Dollar 3.5970 3.5010 3.4890 1 Euro 5.2420 5.0740 5.0540 1 New Zealand Dollar 2.9950 2.8870 2.8710 1 Singapore Dollar 3.6070 3.5040 3.4960 1 Sterling Pound 6.1250 5.9350 5.9150 1 Swiss Franc 5.4890 5.3620 5.3470 100 UAE Dirham 133.8800 126.9900 126.7900 100 Bangladesh Taka 4.5120 4.2190 4.0190 100 Chinese Renminbi 67.9800 65.1300 N/A 100 Danish Krone 72.0900 66.3600 66.1600 100 Hongkong Dollar 62.8000 59.7000 59.5000 100 Indian Rupee 5.9500 5.5900 5.3900 100 Indonesian Rupiah 0.0322 0.0291 0.0241 100 Japanese Yen 3.2390 3.1370 3.1270 100 New Taiwan Dollar N/A N/A N/A 100 Norwegian Krone 47.5300 43.7300 43.5300 100 Pakistan Rupee 1.7700 1.6600 1.4600 100 Philippine Peso 8.8000 8.3000 8.1000 100 Qatar Riyal 134.7800 127.9500 127.7500 100 Saudi Riyal 131.0600 124.4200 124.2200 100 South Africa Rand 26.5600 23.9900 23.7900 100 Sri Lanka Rupee 1.6000 1.4700 1.2700 100 Swedish Krona 48.2000 43.9000 43.7000 100 Thai Baht 14.0600 12.4800 12.0800 Exchange Rates Source: Malayan Banking Bhd/Bernama Kuala Lumpur Kepong’s Q1 net profit falls to RM226.9m KUALA LUMPUR: Kuala Lumpur Kepong Bhd’s (KLK) net profit eased to RM226.94 million in the first quarter ended Dec 31, 2023 (Q1 FY2024) from RM443.04 million posted in the same period a year earlier. The revenue in Q1 was also lower at RM5.64 billion compared to RM6.71 billion previously. In a filing with Bursa Malaysia yesterday, the group said its manufacturing sector’s profit fell sharply by 90.1% to RM25.3 million in Q1 against RM254.4 million previously, with Q1 revenue declining by 18.9% to RM4.48 billion versus RM5.52 billion a year earlier. “The decline in profit was due to loss incurred by the oleochemical division, which was impacted by eroded profit margin, and lower profit contributions from refineries and kernel crushing operations,“ it said. However, KLK said its earnings in the plantation sector surged 11% to RM370.4 million in Q1 FY2024 from RM333.56 million in the same quarter last year, driven by higher crude palm oil (CPO) and palm kernel (PK) sales volume, lower cost of CPO production and a net gain of RM1 million from fair value changes on outstanding derivatives contracts. “However, this was partially offset by lower CPO and PK selling prices by 7.1% compared to a year earlier and fair value loss of RM9.5 million on valuation of unharvested fresh fruit bunches,“ it said. On prospects, the group said despite the dissipation of the El Nino premium and lower demand, concerns about low palm production next quarter and tightening stocks during the Ramadan season may likely keep prices above RM3,800 a tonne. – Bernama ICT Zone Asia to pursue transfer of listing to ACE Market PETALING JAYA: The board of ICT Zone Asia Bhd has approved the proposals put forth by its major shareholders to transfer the listing and quotation of the entire enlarged issued ICT Zone Asia shares to the ACE Market. In a statement last Friday, LEAP Market-listed ICT Zone Asia Bhd received the proposals to withdraw its listing from LEAP Market via a proposed exit offer requested by its major shareholders ICT Zone Holding Sdn Bhd and Datuk Seri Ng Thien Phing. As part of the transfer listing process, the company is required to secure approvals from its shareholders and ICPS holders through extraordinary general meetings to initiate the withdrawal of listing from the LEAP Market and to apply for transfer to the ACE Market. Tommy Lim Kok Kwang, managing director and CEO of ICT Zone Asia anticipates the completion of the transfer of listing to ACE Market by first quarter of 2025. ICT Zone Asia is principally engaged in technology financing, trading ICT solutions, and provision of ICT services and cloud solutions. The group offers its technology financing services such as the lease and rental of ICT solutions directly or through collaborative efforts with channel partners or strategic partners to customers from both the private corporations and government sector. The company was listed on the LEAP Market on Dec 15, 2020 with 533.8 million shares at a reference price of 16 sen per share and 75.32 million ICPS at 20 sen per ICPS. As of last Friday, the stock has risen over 37% to reach a market capitalisation of RM124 million based on the closing price of 22 sen per share. ICT Zone has been a Shariah-compliant counter since 2021. Dialog Group Bhd Outperform. Target price: RM3.10 Hong Leong Bank Bhd Buy. Target price: RM23.20 MGB Bhd Buy. Target price: RM1.13 Source: RHB Research Source: RHB Research Feb 20, 2024: RM19.42 Source: Kenanga Research Feb 20, 2024: RM0.885 Feb 20, 2024: RM2.19
Tying the ying the knot in style in style The liberation of men’s fashion - P22 WEEKLY FOCUS MONDAY Discover cuttingedge world of Gaming and Tech TUESDAY Ultimate guide to Travel and Leisure WEDNESDAY Latest in Fashion and Beauty sense THURSDAY Inside the world of Social Media Influencers FRIDAY Culinary delights and Beverage trends WEDNESDAY | FEB 21, 2024 Editorial T: 03-7784 6688 F: 03-7785 2625 E: [email protected] Advertising T: 03-7784 8888 E: [email protected] SCAN ME INSIDE p 23 Bowing to fashion’s finest p 24 The maximalist revolution p 25 The Kanye West saga p 26 Step into the fun zone
LYFE LYFE WEDNESDAY | FEB 21, 2024 22 @thesundaily FOLLOW ON TWITTER Malaysian Paper accessories seamlessly blend classic sophistication with a modern edge, appealing to fashion-forward individuals seeking to make a statement with their attire. Whether paired with a sleek suit for a business meeting or a casual ensemble for a social event, bold stripe ties exude confidence and charisma, signalling a departure from conventional menswear norms. Furthermore, the versatility of bold stripe ties extends beyond their visual appeal. Their dynamic patterns allow for effortless coordination with a variety of outfits, making them a versatile choice for any occasion. Whether you are aiming for a polished, professional look or a more relaxed, casual vibe, a bold stripe tie can effortlessly elevate your ensemble, adding a touch of refinement and personality. Another trend that has made a triumphant return is the skinny tie, a quintessential accessory synonymous with 1980s New Wave bands. Far from being a mere nostalgic throwback, skinny ties have been reimagined for the modern man, offering a sleek and streamlined silhouette that complements contemporary styles. This revival underscores fashion’s cyclical nature as designers breathe new life into classic elements, infusing them with a fresh relevance that resonates with today’s fashion-conscious consumers. For those who dare to push the boundaries of traditional menswear, floral ties have emerged as a popular choice, adding a vibrant touch to any outfit. From lavender ties adorned with white roses to black ties featuring vibrant tulips, floral designs offer a playful yet sophisticated aesthetic that complements both formal and casual attire. With renowned brands like Ted Baker, Ralph Lauren and Tommy Hilfiger embracing this trend, discerning gentlemen have access to a plethora of floral tie options, allowing them to infuse their wardrobe with colour and personality. The necktie has transcended its humble origins to become a symbol of individuality, creativity and style. Whether embracing bold stripes, skinny silhouettes or floral designs, modern men have a myriad of options to express their unique personalities through their choice of neckwear. With each knot tied and each ensemble curated, the necktie continues to evolve, reflecting the ever-changing landscape of men’s fashion and the endless possibilities for selfexpression it offers. I N the journey from boyhood to manhood, the necktie undergoes a remarkable transformation, evolving from a symbol of authority and conformity to a versatile accessory that speaks volumes about individuality and style. Once considered the emblem of the “establishment”, the necktie was often shunned by youthful rebels, who associated it with rigid conformity and stifling uniformity. For many, the necktie was akin to a noose, a symbol of restriction rather than self-expression. However, as boys mature into men, perceptions shift and the necktie emerges as a powerful tool for sartorial self-expression. No longer confined to the realm of stuffy school prefects, the humble necktie takes on new significance, serving as a canvas for showcasing personality and injecting a hint of playfulness into even the most formal attire. With its ability to elevate an outfit from mundane to memorable, the necktie becomes a must-have accessory in every stylish gentleman’s wardrobe. In the ever-evolving world of men’s fashion, necktie trends play a pivotal role in defining contemporary style. Among the latest trends making waves is the resurgence of bold stripe ties. These eye-catching Necktie trends redefining masculine elegance. – 123RF Choose floral pattern that complements your overall look for classic elegance. – OTAA Men’s fashion trends this year feature bold stripe ties. – MACY’S Popularity of bold stripes stem from its ability to perfectly blend classic sophistication and a modern edge. - TIES.COM █ BYHAZIQUE ZAIRILL Knot just for rebels oExploring the symbolism and style of neckties WHEN it comes to achieving that polished, sophisticated look with a necktie, selecting the right tie is just the beginning of the journey. Equally important is mastering the art of knotting, as the chosen knot can dramatically influence the overall aesthetic of your attire. In this guide, we delve into various knot styles to elevate your tie-wearing experience to new heights, complementing the evolving design trends in neckwear. The full Windsor knot Often revered as the “Grand Daddy” of all knots, the full Windsor knot commands attention with its wide, symmetrical triangular form. This knot exudes confidence and authority, making it a quintessential choice for formal occasions such as presentations, job interviews or weddings. While some may perceive it as bold or imposing, the key lies in embracing its commanding presence. If your demeanour aligns with its powerful aura, do not hesitate to embrace the full Windsor knot for a statement-making ensemble. The Pratt knot On the other hand, the Pratt knot offers a versatile and refined alternative for those seeking a more understated yet elegant look. Invented by Jerry Pratt and popularised by television anchor Don Shelby in 1989, this medium-sized knot presents a modern twist on the classic double Windsor. With its slightly slimmer profile and balanced symmetry, the Pratt knot is suitable for a range of occasions, from daily wear to evening outings or wedding receptions. Pair it with a narrow or medium-spread collar to exude a casual yet confident demeanour, striking the perfect balance between sophistication and approachability. The four-in-hand knot For a timeless and straightforward option, consider the four-in-hand knot, also known as the simple or schoolboy knot. This historic knot, originating from the members of the four-in-hand club in London, creates a narrow and asymmetrical tie knot, ideally suited for narrow-spread collared shirts. Particularly flattering for individuals with shorter necks, the four-in-hand knot lends a classic and enduring charm to any ensemble, transcending fleeting trends with its timeless appeal. To elavate your tie-wearing experience, mastering the art of knotting is essential. –BY HAZIQUE ZAIRILL Tying the knot The Windsor knot is the classic go-to look for many men. – HOWCAST Four-in-Hand knot will lend neckwear a more modern look. – TIES.COM Skinny ties are back due to good design and fashion’s cyclical nature. –PINTEREST If the Windsor knot feels too formal, give the Pratt knot a shot for a confident, bold look. – TIES.COM
LYFE LYFE WEDNESDAY | FEB 21, 2024 23 ask? Fear not, for the bow tie has ascended to the pantheon of celebrity style, where movie stars, musicians and athletes alike proudly flaunt its charm on red carpets and grand stages. Indeed, the bow tie has become more than just an accessory; it is a symbol of sophistication and savoir-faire, embraced by those who dare to make a statement with their attire. But amid the dizzying array of options, how does one navigate the whimsical world of bow ties? For formal affairs, stick to classic hues like black or dark blue, exuding an air of timeless elegance. But for those moments of sartorial daring, let your imagination run wild with bold patterns and vibrant colours, for the bow tie is nothing if not a canvas for self-expression. And so, as we gaze into the crystal ball of men’s fashion, one thing becomes abundantly clear – the bow tie is here to stay. Its ability to adapt and evolve with the evershifting currents of style is a testament to its enduring charm. So go forth and don your bow tie with pride, for in 2024 and beyond, it remains the ultimate accessory for those who dare to stand out from the crowd. Bowing to popularity I N the world of fashion, where trends come and go like ships in the night, 2024 has cast a spotlight on a long-lost hero of men’s attire – the bow tie. Yes, dear reader, in this year of sartorial renaissance, where every accessory seems to be staging a triumphant comeback, the bow tie stands tall, refusing to be overshadowed by its more flamboyant counterparts. Amid the swirling currents of men’s fashion, one might wonder if the bow tie still holds sway over the hearts and wardrobes of the fashionforward. oBow ties are making a chic comeback in 2024 █ BYHAZIQUE ZAIRILL Daniel Craig appears dashing while sporting a bow tie in his role as Bond. - PICS BY IMDB Leonardo DiCaprio looks stylish wearing a bow tie. Matthew Robert Smith rocks a bow tie as part of his signature style in Doctor Who. Kitty couture HELLO KITTY enthusiasts will be delighted as footwear connoisseurs Anothersole unveils its highly anticipated Forever Hello Kitty collection, a whimsical celebration of Sanrio’s beloved character that promises to captivate hearts and soles alike. Diving into the enchanting world of the Forever Hello Kitty Collection, one encounters a delightful array of designs adorning Anothersole’s star products. From the ever-popular 247 sneakers to the versatile Anytime flats, sandals and chic Anew mini bag, each item in this collection exudes the timeless charm of Hello Kitty. Adorned with her signature bow and featuring a palette of cream, pastel pink and bright red, these pieces stay true to the iconic colour scheme that Hello Kitty enthusiasts know and adore. However, it is the Anytime flats that truly steal the spotlight, adorned with satin shoelaces and boasting an adorable illustration of Hello Kitty peeking out. These flats are not just footwear – they are a homage to the cherished character, designed to evoke feelings of nostalgia and affection among fans who have grown up with Hello Kitty by their side. But the magic does not end there. Step into any Anothersole store and you will find yourself immersed in the whimsical world of Hello Kitty. From Hello Kitty-themed visual merchandising displays to striking decals, floor graphics and enchanting Forever Hello Kitty messaging, every corner of the store is a testament to the enduring popularity of this beloved character. In a bid to further engage Hello Kitty enthusiasts, Anothersole has introduced a custom Instagram filter inspired by the Forever Hello Kitty Collection. This innovative tool encourages followers to share their unique, brand-inspired content, fostering a sense of community among Hello Kitty aficionados. By using the hashtags #anothersolemy and #sanriomalaysia, customers can join in the conversation and connect with fellow fans across social media platforms. And for those seeking a truly immersive shopping experience, a visit to the store during the launch period promises to delight the senses and deepen the connection to the Forever Hello Kitty Collection. This exclusive line follows Anothersole’s recent brick-andmortar launch at The Exchange TRX’s luxury department store Seibu in late 2023, solidifying the brand’s presence in the Malaysian market and reaffirming its commitment to delivering quality, comfort-focused fashion pieces that celebrate the magic of Hello Kitty. So step into the world of Forever Hello Kitty with Anothersole and let your style sparkle with whimsy and charm. - BY YASMIN ZULRAEZ The Hello Kitty mini bag in diamante pink. - PICS BY ANOTHERSOLE One of the many Hello Kitty shoes, Bow. And to that, we say with resounding assurance: “Yes, indeed.” The bow tie is not just an accessory; it is a timeless emblem of playfulness and elegance, capable of transforming the most mundane of outfits into a symphony of style. The bow tie of yesteryear has shed its cocoon and emerged anew in the kaleidoscope of modern design. No longer confined to the realm of black-andwhite conformity, today’s bow ties are a vibrant tapestry of colours, patterns and textures. From whimsical florals to bold geometric prints and from eyecatching hues to subtle pastels, the bow tie has undergone a m e t a m o r p h o s i s , embracing the spirit of innovation and reinvention. Ah, but what of its place in the hallowed halls of pop culture, you Embracing the timeless allure of bow ties in today’s fashion trends. - PICS BY !23RF
LYFE LYFE WEDNESDAY | FEB 21, 2024 24 /thesuntelegram FOLLOW ON TELEGRAM Malaysian Paper Fashion’s bold turn I N the ever-shifting tapestry of fashion, trends flit in and out faster than a viral TikTok video. Just a year ago, the mantra was stealth wealth, epitomised by the Roy family’s understated elegance in Succession. The allure of unassuming garments with eye-watering price tags had the fashion world in a frenzy. Yet, as swiftly as Loro Piana baseball caps vanished from screens, so did the stealth wealth trend, slipping quietly into the background. Enter the maximalist resurgence of 2024, where fashion takes a sharp turn towards the extravagant. Maximalism reigns supreme, showcased in the flamboyant faux fur coats flaunted by luminaries like Jennifer Lopez and Miley Cyrus, whose Grammy ensembles shimmer like stars in the night sky. Leopard print roars back to life, with the viral mob wife trend on TikTok catapulting glamour to its most resplendent form. With over 100 million views under its belt, the #mobwife hashtag ignites discussions on cultural appropriation and even catches the eye of cinematic royalty like Godfather director Francis Ford Coppola. Fuelling this fiery trend are celebrities like Hailey Bieber, Kendall Jenner and Dua Lipa, who boldly embrace maximalist aesthetics, strutting their stuff in oversized fur coats that demand attention. Rihanna’s leopard print faux fur coat, nonchalantly thrown over a tracksuit, sparks an unexpected surge in demand for vintage furs. The oncecosy stealth wealth look, synonymous with old-money elegance, gives way to a bold, nouveau riche vibe. This shift from stealth wealth to maximalism mirrors a broader societal change. While the former whispered of old-money values and the subtlety of wealth, maximalist dressing shouted from the rooftops, a proclamation of newfound affluence. The nouveau riche, ascending the economic ladder, use fashion as a bold statement of their arrival. R e n o w n e d designers like Gianni Versace have long championed the rich-girl maximalist aesthetic. Versace’s designs, inspired by everything from Greco-Roman art to the Baroque, ooze excess and sensuality. Today, the nostalgia for t h a t glamourous era is palpable, with stars like Olivia Rodrigo and Kim Kardashian embracing vintage Versace and Alaia pieces. But the maximalist wave is not confined to red carpets; it is crashing onto fashion marketplaces like Depop. Searches for leopard print surge by 213%, accompanied by a frenzy for faux fur and hoop earrings. Unlike the exclusivity of stealth wealth, the mob wife aesthetic is accessible, with its vintage elements easily sourced from thrift stores. oEmbracing maximalism and mob wife trend █ BYYASMIN ZULRAEZ What makes the mob wife aesthetic so appealing is not just its opulence — it is the fearless attitude it exudes. As Juliet Polsca, costume designer of The Sopranos, puts it, it is all about the attitude — a sense of daring that transcends mere clothing choices. In a world of fleeting TikTok trends, the mob wife frenzy is less about following fashion and more about dressing up and embracing nostalgia. As trend analyst Mandy Lee suggests, the mob wife trend is not a trend at all — it is a chance to play dress-up. In an era where fashion recycles subcultures as costumes, the playful nature of this trend shines through. It is a cycle of nostalgia that invites people to step into and out of these personas at will. From stealth to maximal, the fashion pendulum swings. The rise of stealth wealth once Fashionistas can pick up key items at thrift stores to complete the mob wife look. - KISELEV ANDREY VALEREVICH / SHUTTERSTOCK Hot red lipstick is an irresistible look. - VANDREAS / SHUTTERSTOCK Lipa takes inspiration from 90s cultural phenomenon The Sopranos. - GOTHAM/GC IMAGES Jenner walking the walk. - INSTAGRAM / DAMICMICHELLE Bieber is among those adopting the mob wife aesthetic. - INSTGRAM / HAILEY BEIBER Sarah Jessica Parker looking fab in fake fur. - RON GALELLA COLLECTION / GETTY IMAGES American glamour model and actress Anna Nicole Smith wearing a fur coat. - VINNIE ZUFFANTE / GETTY IMAGES Stella McCartney strutting proud in animal print. - PIERRE SUU / GC IMAGES The mob wife aesthetic is linked to a need for escapism. - VICTORIA CHUDINOVA / SHUTTERSTOCK Faux fur back in the spotlight. - GUCCI reflected a reluctance to flaunt affluence amid economic uncertainty. Conversely, the embrace of maximalism today may signal a desire, amidst challenges and bleak news cycles to feel and look like a million bucks. While secret wealth codes had their moment, the allure of a navy sweatshirt priced at RM10,000 may pale in comparison to the irresistible allure of red lipstick and a leopard print coat. In a world where fashion trends flicker like fleeting TikTok videos, the mob wife aesthetic emerges as a bold departure from the understated luxury of yore. From stealth wealth to maximalist opulence, the journey through these trends reflects not just shifting fashion preferences but also societal changes and the eternal quest for escapism and self-expression.
LYFE LYFE WEDNESDAY | FEB 21, 2024 25 Osbourne blasts West BAD marketing is still good marketing, especially for the embattled Kanye West. In the run up to the release of the rapper’s first Vultures album — there is another two in the coming months, West held an event promoting the new album with Ty Dolla Sign in Chicago on Feb 8. Apparently, West played a clip that contained a sample of Iron Man, a song from the heavy metal behemoth Black Sabbath. Sab’s frontman, Ozzy Osbourne, took to airing his grievance on social media after word of the copyright infringement got back to him. On Instagram, Osbourne posted an image statement, claiming that when West had asked for permission to sample a section of Black Sabbath’s Iron Man from a live performance in 1983 without vocals, it was refused because “West is an antisemite and has caused untold heartache to many”. “He went ahead and used the sample anyway at his album listening party last night,” the message continued, before ending with Osbourne stating he wants no association with West. It did not end there, as Sharon, Osbourne’s wife and manager, then told TMZ that West “****ed with the wrong Jew this time”. Though the “Godfather of Metal” is not Jewish, Sharon is and this was why Osbourne had “special ****ing occasion to say no” to West. Sharon continued the barrage by saying the West represents hate as a “disrespectful antisemite”. The Osbournes then sent a ceaseand-desist letter to West, with Rolling Stone confirming that when Vultures 1 was released on Feb 10, the Iron Man sample was removed from the album’s Carnival track. The Iron Man sample was replaced by fuzzy guitar feedback. This latest backlash is a drop in the ocean for West, whose collection of alleged controversial antisemitic comments and antics began in October 2022, which saw him being dropped by his lawyer, talent agency, record label and fashion brands. █ BY MARK MATHEN VICTOR Mixed reactions to Wicked THE first teaser for the movie adaptation of the renowned stage musical Wicked was dropped during Super Bowl weekend in the US, sparking mixed reactions among film enthusiasts. Critics have pointed out flaws such as lacklustre CGI, dull lighting and generic special effects, comparing it unfavourably to franchises like Harry Potter and Marvel. Some online voices have labelled it “CGI sludge” and criticised its visual appeal, likening it to a forgettable Harry Potter spin-off or a low-quality Marvel installment. Even iconic elements like flying monkeys and Emerald City fail to impress, appearing uninspired and lacking in dread or grandeur. Comparisons to recent blockbusters like Dune and Oppenheimer highlight Wicked’s perceived shortcomings in surrealism and visual impact. In contrast, films like Barbie, directed by Greta Gerwig, are praised for their inventive sets and clever details. However, there is the acknowledgement that Wicked has the potential to offer a fresh take on the classic story, presenting a new world of possibilities for characters like Elphaba and Glinda. While newcomers might interpret certain characters differently, familiar faces like Michelle Yeoh and Jonathan Bailey bring depth and intrigue to their roles. Despite reservations about its musical elements, the teaser hints at the powerful vocal performances audiences can expect, particularly from Cynthia Erivo as Elphaba. Her rendition of Defying Gravity promises to be a standout moment in the film. Overall, while the teaser has drawn criticism for its visual presentation, there is optimism that, with its talented cast and the richness of its source material, Wicked has the potential to deliver an engaging and memorable cinematic experience when it premieres in November. - BY YASMIN ZULRAEZ Critics have pointed out flaws in the teaser such as lacklustre CGI, dull lighting and generic special effects. - PIC BY UNIVERSAL New Fantastic Four cast revealed THE films by Marvel Studios may be experiencing a turbulent roller-coaster ride in quality, but one thing the studio has consistently nailed is the casting for its characters. Their streak continues with the in-development Fantastic Four, which has finally named its star-studded cast, along with the announcement of a tentative release date. On July 25 next year, Pedro Pascal, Vanessa Kirby, Ebon Moss-Bachrach and Joseph Quinn will make their debuts as Marvel’s first family of superheroes. Pascal will play Reed Richards, (Mister Fantastic), the head of the family and a genius scientist, while Kirby will star as Richards’ wife Sue Storm, (Invisible Woman). After a meteoric performance as the metalhead Eddie Munson in the latest season of Stranger Things, Quinn has landed the coveted role of Johnny Storm, (Human Torch), the brother of Sue. Rounding out the four-member team will be Moss-Bachrach as the human-turned-rock person Ben Grimm, also known as the Thing. This iteration of the Fantastic Four will be the fourth time the superhero group will be translated from comics to film. The previous trio of films, 2005’s Fantastic Four, 2007’s Fantastic Four: Rise of the Silver Surfer and 2015’s Fantastic Four had a different cast and story, as the rights to the intellectual property were still owned by 20th Century Fox. Next year’s Fantastic Four will be the first time the characters are integrated into Disney and Marvel Studios’ existing Marvel Cinematic Universe. - BY MARK MATHEN VICTOR Based on the announcement, the new Fantastic Four film may be set in the 1960s. - MARVEL STUDIOS West as he appeared during Vultures 1’s sold-out listening party in Chicago. - YOUTUBE oRapper allegedly used a Black Sabbath sample without permission
LYFE LYFE WEDNESDAY | FEB 21, 2024 26 /thesundaily FOLLOW ON FACEBOOK Malaysian Paper Where fun knows no limits MALAYSIA’S premiere indoor family theme park Wonderpark Melaka has emerged as a beacon of excitement and education in the realm of family entertainment. With its reopening this year, the park stands poised to redefine leisure experiences, blending enjoyment with enriching learning opportunities for visitors of all ages. Following upgrades and renovations, the park promises a plethora of interactive activities and immersive experiences to captivate families, teenagers, schools and educational groups alike. Determined to elevate visitor experiences to new heights, the park places a strong emphasis on fun, creativity and education. By offering a diverse array of engaging activities meticulously designed to spark imagination, foster creativity and enhance cognitive development, the park aims to enchant and educate its visitors. In line with the Visit Melaka 2024 initiative, the park aims to solidify its standing as a premiere tourist attraction in the region, promising enjoyment and edification for all who enter its gates. At Wonderpark Melaka, adventure knows no bounds, with over 30 exhilarating games and attractions awaiting exploration. From the sprawling giant playground section to the cuttingedge STEM4D Max Classroom, the park boasts an eclectic mix of interactive and challenging experiences catering to visitors of all ages and interests. Recent upgrades have introduced exciting new attractions such as the candyworld selfie zone, a whimsical 360-degree camera photo booth and an enhanced karaoke zone, ensuring there is something for every member of the family to enjoy. Ensuring accessibility for all, the park offers affordable admission rates and special discounts to make the experience inclusive for everyone. Adults can gain entry for just RM25 on weekdays and RM30 on weekends, public holidays and school breaks. Senior citizens aged 65 and above enjoy complimentary access, while members of the special needs community are entitled to a 50% discount. Children aged three to 12 benefit One of their latest attractions, the candyworld selfie zone. - PICS BY WONDERPARK MELAKA oIndoor family theme park ready to welcome visitors █ BYYASMIN ZULRAEZ Your lucky meal IN honour of the Year of the Dragon, Burger King has unveiled its latest limited-time offer, the “Lucky Your Way” set of meals. Running from Feb 1 to March 11, these exclusive menus are meticulously crafted to embody the essence of Chinese New Year, offering a delightful culinary journey symbolising luck and happiness. Experience exclusive menus packed with prosperity The Lucky Your Way menu presents an array of hearty burgers featuring shredded purple cabbage, nacho cheese sauce, barbeque sauce, American cheese and customised proteins. Standout options include the Lucky Tendergrill with flame-grilled chicken, the Lucky Double Beef offering double the flavour and the Lucky Salmon, a delectable portion brimming with flavour. Satisfy your thirst with delightful drinks and desserts No meal is complete without a refreshing beverage. The joint introduces the lime-flavoured fizz, a palatecleansing drink infused with a refreshing burst of citrus. Additionally, the Lucky Your Way menu offers a selection of mouthwatering desserts, including the classic salted caramel cone, sundae cup and the salted caramel coke float. Embark on an interactive gaming adventure Adding to the excitement, the joint introduces the roving wheel game, available from Feb 10 to 18 at selected outlets. Customers can spin the wheel for a chance to win vouchers for complimentary sides, drinks or meals, with no purchase required. Furthermore, a microsite game running from February 1 to 29 allows Have a lucky meal this CNY. - BURGER KING Wonderpark Melaka is set to redefine family entertainment by combining enjoyment with creative learning experiences for all ages following recent park upgrades. from pocket-friendly rates and toddlers aged two and under are granted free admission, ensuring that no one is left out of the fun-filled adventure. For those seeking to commemorate special occasions or organise educational outings, the park presents unforgettable celebration and entertainment packages. From birthday bashes to school day trips, these packages offer a blend of excitement and learning, providing students with hands-on experiences that enrich their educational journey. The edutainment package includes a specially curated education kit, entry tickets and a hearty meal, ensuring a memorable and enriching experience for all participants. The park delights visitors with its special holiday promotion from now until Chap Goh Mei with the “Banyak Ong Holi-yay Escape”. This promotion promises participants the chance to win exciting prizes such as an iPad and lucky angpow by indulging in the park’s latest attractions and experiences, adding an extra layer of excitement to the celebratory season. For more information and to embark on a journey of fun and learning, visit the park’s official website. Whether seeking thrills, education or simply a day of family fun, Wonderpark Melaka stands ready to deliver an unparalleled experience for all who dare to venture within its enchanted gates. customers to customise their lucky burgers and win digital vouchers. Join online contests and exclusive celebrations Enthusiasts can participate in an online contest by uploading their lucky receipts, with enticing gold prizes up for grabs, including 3 x 10g gold coins and 8 x 1g gold waffles. The Lucky Your Way set will be available at outlets nationwide and can also be ordered through selected food delivery platforms. Experience the festivities and indulge in the flavours of the Chinese New Year with Burger King’s Lucky Your Way set meals, offering a unique blend of prosperity, excitement and culinary delight. - BY YASMIN ZULRAEZ
SPORTS SPORTS WEDNESDAY | FEB 21, 2024 27 THE ATLAS ICE COMPANY, BERHAD (INCORPORATED IN MALAYSIA) [191201000003(1302-W)] NOTICE IS HEREBY GIVEN that the 109th Annual General Meeting of the Company will be held at No. 12, Jalan Bukit Gedong, 75050 Melaka on Friday, 22 March 2024 at 12.00 noon to transact the following:- AGENDA AS ORDINARY BUSINESS: 1.To table the Audited Financial Statements for the financial year ended 30 September 2023 together with the Reports of the Directors and Auditors thereon. Note 1 2.To consider and if thought fit, to pass the following Ordinary Resolutions:- Ordinary Resolution 1 (a)To re-elect Mr. Chee Teng Chye who shall retire in accordance with the Company’s Constitution (Article 91 of the Company’s Articles of Association) and being eligible, has offered himself for re-election. Ordinary Resolution 2 (b) To re-elect Mr. Kong Soo Har @ Hoong Hing Hiang who shall retire in accordance with the Company’s Constitution (Article 91 of the Company’s Articles of Association) and being eligible, has offered himself for re-election. Ordinary Resolution 3 (c) To re-elect Mr. Tan Hin Toe who shall retire in accordance with the Company’s Constitution (Article 91 of the Company’s Articles of Association) and being eligible, has offered himself for re-election. Ordinary Resolution 4 (d) To approve the declaration of a final single tier dividend and a bonus single tier dividend totalling 40 sen per ordinary stock for the year ended 30 September 2023. Note 2 Ordinary Resolution 5 (e) To approve payment of Directors’ fees. Ordinary Resolution 6 (f) To re-appoint M/s. O. L. Yeo & Co PLT as Auditors of the Company for the financial year ending 30 September 2024 and to authorise the Board of Directors to fix their remuneration. AS SPECIAL BUSINESS: Special Resolution 1 3. To consider and if thought fit, to pass the following resolution in relation to the proposed revocation of the existing Memorandum and Articles of Association of the Company and adoption of new constitution as set out in Appendix A to be dispatched together with the Company’s Annual Report 2023; Note 7 “THAT Approval be and is hereby given to revoke the existing Memorandum and Articles of Association of the Company with immediate effect and in place thereof to adopt the proposed new Constitution of the Company as set out in Appendix A dispatched together with the Company’s Annual Report 2023 AND THAT the Directors and Company Secretary be authorized and empowered to register and lodge the Constitution as adopted herein with the Companies Commission of Malaysia and henceforth the Constitution herein adopted shall be the Constitution of the Company binding the Company and the members to the same extent as if the Constitution had been signed and sealed by each member and contained covenants on the part of each member to observe all the provisions of the Constitution; AND THAT the Directors be and are hereby authorised to assent to any modification, variation and/or amendments as may be required by any relevant authorities and to do all acts necessary to give effect to the proposed new Constitution.” 4.To transact any other business of which due notice shall have been given. NOTICE OF CLOSURE OF BOOKS NOTICE IS HEREBY GIVEN that the Transfer Book will be closed from 01 March 2024 to 03 March 2024. By Order of the Board, Low Bee Kheng Nurizzatul Ilya binti Md Isa Nur Syabinaz binti Jamal Secretaries Melaka, 21 February 2024 Notes:- 1. Pursuant to Section 340(1)(a) of the Companies Act 2016 [the “Act”], the directors shall lay before the Company at its annual general meeting its annual financial statements made up to a date not more than 6 months before the date of the meeting. There will be no resolution to be passed on this item 1. 2. At the said meeting, the directors will recommend payment of a final single tier dividend of 10 sen per ordinary stock and a bonus single tier dividend of 30 sen per ordinary stock for the year ended 30 September 2023 to all stockholders whose names appear in the Register of Members at the close of business at 5.00 p.m. on 29 February 2024. 3. A member shall not be entitled to appoint more than two (2) proxies to attend at the same meeting. Where a member appoints two (2) proxies, the appointment shall be invalid unless he specifies the proportion of his holdings to be represented by each proxy. 4. The instrument appointing a proxy must be deposited at the Registered Office of the Company at No.12, Jalan Bukit Gedong, 75050 Melaka not less than 48 hours before the time set for holding the meeting or at any adjournment thereof. 5. If the appointer is a corporation, the form of proxy must be given under its common seal or under the hand of an officer of the corporation duly authorised on its behalf. 6. In the case of joint holdings, the vote of the first-named in the Register of Members will be accepted to the exclusion of other joint holders of the stocks. Explanatory Note of Special Business: 7. The proposed Special Resolution, if passed, will streamline the Company’s existing Memorandum and Articles of Association with the Companies Act 2016, which came into force on 31 January 2017 as well as for better clarity and to enhance administrative efficiency. NOTICE OF MEETING DALAM MAHKAMAH MAJISTRET DI KUALA LUMPUR DALAM WILAYAH PERSEKUTUAN KUALA LUMPUR GUAMAN SIVIL NO.: WA-A72NCvC-3544-06/2023 PERMOHONAN PELAKSANAAN NO.: WA-76J-1653-12/2023 ANTARA QUBE APPS SOLUTIONS SDN BHD (No. Syarikat: 201201008022 / 981542-A) …PEMIUTANG PENGHAKIMAN DAN 1. KVRPENTER SDN. BHD. (No. Syarikat: 202001035224 / 1391545-A) 2. AFIQ DINIE BIN DAHMAN (No. K/P: 900414-11-5195) 3. SALIHAH BINTI ABDUL GHAFAR (No. K/P: 920420-11-5464) …PENGHUTANG PENGHAKIMAN NOTIS PENYAMPAIAN GANTI Kepada, 1. Afiq Dinie Bin Dahman (No. K/P: 900414-11-5195) No. 3, Jalan Eco Grandeur 13/1E, 42300 Bandar Puncak Alam, Selangor. 2. Salihah Binti Abdul Ghafar (No. K/P: 920420-11-5464) No. 3, Jalan Eco Grandeur 13/1E, 42300 Bandar Puncak Alam, Selangor. AMBIL PERHATIAN bahawa satu Saman Penghutang Penghakiman telah dikeluarkan terhadap kamu di Mahkamah Majistret Kuala Lumpur dan Permohonan Pelaksanaan No. WA-76J-1653-12/2023 oleh pihak Pemiutang Penghakiman Qube Apps Solutions Sdn Bhd yang beralamat di No. 2-30B, Jalan Desa 1/1, Desa Aman Puri Kepong, 52100 Kuala Lumpur bagi memeriksa tatkal itu dan di situ mengenai keupayaan kamu sebagai Penghutang Penghakiman Kedua dan Ketiga yang dinamakan di atas untuk menjelaskan Penghakiman yang didapatkan terhadap kamu dalam tindakan di atas pada 16 Ogos 2023 untuk sebanyak RM38,487.81 (termasuk faedah 5% yang dikira setakat akhir 27.12.2023 iaitu RM482.40) dan kos RM816.00 dan berikutan dengan Penghakiman itu, jumlah sebanyak RM39,303.81 yang masih lagi terhutang. DAN MAHKAMAH TELAH MEMERINTAHKAN bahawa penyampaian Saman Penghutang Penghakiman bertarikh 27 Disember 2023 bersama-sama dengan Perintah Untuk Penyampaian Ganti bertarikh 5 Februari 2024 (“Dokumen-dokumen tersebut”) dilaksanakan melalui penampalan di alamat terakhir kamu seperti yang tertera di atas serta pengiklanan sekali di dalam akhbar tempatan “The Sun Daily” dan bahawa penampalan dan pengiklanan tersebut adalah menjadi penyampaian yang cukup dan sempurna bagi Dokumen-dokumen tersebut ke atas kamu tujuh (7) hari dari tarikh terakhir penampalan dan / atau pengiklanan tersebut. DAN SILA AMBIL PERHATIAN bahawa Saman Penghutang Penghakiman ini telah ditetapkan untuk Pengurusan Kes pada 12 Mac 2024 melalui platform e-Review pada pukul 9.00 pagi. Jika kamu tidak hadir sedemikian maka suatu waran tangkap dan / atau perintah lain boleh dikeluarkan terhadap kamu. Bertarikh pada 5 Februari 2024. T.T ............................................... TETUAN CHAN & ASSOCIATES Peguamcara pihak Pemiutang Penghakiman NOTIS PENYAMPAIAN GANTI ini dikeluarkan oleh Tetuan Chan & Associates, Peguamcara bagi pihak Pemiutang Penghakiman yang mempunyai alamat untuk penyampaian di Suite 1-08, Wisma Badan Peguam Malaysia, No. 2, Lebuh Pasar Besar, 50050 Kuala Lumpur. [Ruj: YWL/0515/22/RS Tel: 03-2693 6988 Emel: [email protected]] DALAM MAHKAMAH TINGGI MALAYA DI PULAU PINANG DALAM NEGERI PULAU PINANG PETISYEN PERCERAIAN NO: PA-33JP-571-07/2022 Dalam perkara mengenai Seksyen 52 Akta Membaharui Undang-Undang (Perkahwinan dan Perceraian) 1976 Dan Dalam perkara mengenai Kaedah-Kaedah Prosiding Perceraian dan Perkahwinan 1980 Antara 1. IAN SIOW HOCK AUN (SUAMI) (No. K/P: 720108-10-5281) ... PEMPETISYEN SUAMI 2. LEE CHEN NIE (ISTERI) (No. K/P : 791029-07-5932) ...PEMPETISYEN ISTERI NOTIS Kepada : IAN SIOW HOCK AUN No. 1, Jalan Pantai Jerjak 16 11900 Bayan Lepas Pulau Pinang AMBIL PERHATIAN bahawa suatu tindakan telah dimulakan terhadap kamu di Mahkamah Tinggi Pulau Pinang, Guaman Sivil No. PA33JP-571-07/2022 oleh LEE CHEN NIE (No. K/P: 791029-07-5932) beralamat di Sri Sayang Apartment, Unit 5-02, 188 Jalan Batu Ferringhi, 11100 Pulau Pinang dalam mana tuntutan Pempetisyen Isteri untuk (1) Satu Perintah pengkomitan dikeluarkan terhadap Pempetisyen Suami, IAN SIOW HOCK AUN (No. K/P: 720108-10-5281) ditangkap dan/atau dikomit untuk menghadapi Mahkamah atas alasan penghinaannya terhadap Mahkamah Yang Mulia ini dengan tidak mematuhi Klausa (i)(j)(k)(l) Perintah Perceraian bertarikh 9.9.2022; (2) Suatu Perintah pengkomitan dikeluarkan terhadap pempetisyen Suami, IAN SIOW HOCK AUN (No. K/P : 720108-10-5281) bahawa kerana penghinaan yang dilakukan oleh Pempetisyen Suami IAN SIOW HOCK AUN (No. K/P: 720108-10-5281), hendaklah dikomitkan dan dipenjarakan ke dalam penjara; (3) Kos dibayar oleh Pempetisyen Suami kepada Pempetisyen Isteri; dan (4) lain-lain relif yang difikirkan adil dan suaimanfaat oleh Mahkamah Yang Mulia ini. DAN Mahkamah Yang Mulia ini telah memerintahkan bahawa Notis Permohonan bertarikh 19.12.2023, Pernyataan Menurut Aturan 52 Kaedah 3(2) Kaedah-Kaedah Mahkamah 2012 bertarikh 24.10.2023, Perintah Ex-parte bertarikh 11.12.2023, Afidavit Sokongan Pempetisyen Isteri bertarikh 24.10.23, (“Selepas ini dirujuk secara kolektif sebagai dokumen-dokumen tersebut”) hendaklah dilaksanakan secara penyampaian ganti dengan menampalkan sesalinan termeterai dokumen-dokumen tersebut di Papan Kenyataan Mahkamah Tinggi Pulau Pinang, penampalan di premis alamat terakhir Pempetisyen Suami di No. 1, Jalan Pantai Jerjak 16, 11900 Bayan Lepas, Pulau Pinang dan juga melalui penerbitan notis sekali dalam satu akhbar harian tempatan, The Sun. Penampalan serta pengiklanan sedemikian hendaklah menjadi penyampaian yang sempurna dan cukup terhadap Pempetisyen Suami selepas tujuh (7) hari selepas tarikh akhir penampalan dan pengiklanan. DAN AMBIL PERHATIAN bahawa Notis Permohonan (Permohonan Minta Suatu Perintah Pengkomitan) tersebut akan didengar di dalam Mahkamah ini pada 04 haribulan Mac 2024 pukul 9.00 pagi, di mana pada tarikh tersebut kamu dikehendaki hadir ke Mahkamah dan sekiranya kamu tidak hadir dan sebelum itu tidak memasukkan kehadiran di dalam Mahkamah selepas tujuh (7) hari dokumen-dokumen tersebut disampaikan secara penyampaian ganti kepada kamu, Mahkamah akan memasukkan Penghakiman ke atas ketidakhadiran kamu. Dokumen-dokumen tersebut boleh diperiksa oleh kamu di atas permohonan di Mahkamah ini. Bertarikh pada 14 haribulan Februari 2024 .........t.t......... Peguamcara Pempetisyen Isteri Notis ini difailkan oleh Tetuan Amir & Lee yang beralamat di No. 18-25-A1, Gurney Tower, Persiaran Gurney, 10250 Pulau Pinang, Peguamcara bagi Pempetisyen Isteri yang dinamakan di atas. [Ruj No. L23-014/FS)] 322 Notices NOTICE OF APPLICATION FOR VOLUTARY WINDING UP OF LIMITED LIABILITY PARTNERSHIP (Section 50(4)(a) of the Limited Liability Partnerships Act 2012) Notice is hereby given that SENG LEE ENZYME PLT (LLP No. 201804004180 (LLP0018562-LGN) will be making an application to the Registrar of Limited Liability Partnerships for a declaration of dissolution pursuant to Section 50(2) of the Limited Liability Partnerships Act 2012 within seven (7) days after the publication of this notice. Any partner or creditor of the LLP desiring to object to the application may do so in writing to the Companies Commission of Malaysia within thirty (30) days from the date of this notice. Date: 20 February 2024 322 Notices DALAM MAHKAMAH TINGGI MALAYA DI SHAH ALAM DALAM NEGERI SELANGOR DARUL EHSAN, MALAYSIA PENGGULUNGAN SYARIKAT NO.: BA-28NCC-617-11/2023 Dalam Perkara Seksyen 466(1)(a) dan 465(1)(e) Akta Syarikat 2016 Dan Dalam Perkara Yusri Holdings Legacies Sdn Bhd (No. Syarikat: 201901002783 (1312109-K)) Dan Dalam Perkara Kaedah-Kaedah (Penggulungan) Syarikat, 1972 ANTARA BAIJIAN INTERNATIONAL TRADE (M) SDN BHD (No. Syarikat: 201901030246 (1339576-M)) .... PEMPETISYEN DAN YUSRI HOLDINGS LEGACIES SDN BHD (No. Syarikat: 201901002783 (1312109-K)) .... RESPONDEN NOTIS IKLAN NOTIS ADALAH DENGAN INI DIBERI bahawa suatu Petisyen untuk Penggulungan Syarikat yang dinamakan di atas oleh Mahkamah Tinggi telah pada 01 haribulan November, 2023 dikemukakan oleh BAIJIAN INTERNATIONAL TRADE (M) SDN BHD. DAN bahawa Petisyen tersebut diarahkan supaya dibicarakan di hadapan Mahkamah yang bersidang di Mahkamah Tinggi Shah Alam pada pukul 9.00 pagi, pada 06 haribulan Mac, 2024. DAN mana-mana pihak pemiutang atau penyumbang Syarikat tersebut yang ingin menyokong atau menentang sesuatu perintah mengikut Petisyen tersebut boleh hadir dengan tujuan itu secara peribadi atau melalui peguambelanya pada masa perbicaraan. Salinan Petisyen tersebut akan dibekalkan oleh pihak yang bertandatangan di bawah ini kepada mana-mana pemiutang atau penyumbang Syarikat tersebut yang memintanya dengan membuat bayaran yang ditetapkan. Alamat pendaftaran Pempetisyen adalah di A-2-15 Street Mall, One South Jalan OS, Taman Serdang Perdana Seksyen 6, Seri Kembangan, 43300 Selangor dan/ atau alamat perniagaannya adalah di No. 27 & No. 29, 2nd Floor, Jalan Gambut 2, Kuantan, 25000 Pahang. Peguamcara Pempetisyen ialah Tetuan Azraai, Hazieq & Zikry yang beralamat di B-8-5A, Level 8, Block B, Menara Uncang Emas, Jalan Loke Yew, 55200, Kuala Lumpur. Bertarikh pada 04 haribulan Januari, 2024 t.t ............................................................... TETUAN AZRAAI, HAZIEQ & ZIKRY Peguamcara bagi pihak Pempetisyen PERINGATAN: Sesiapa yang ingin hadir pada perbicaraan Petisyen tersebut hendaklah menyampaikan, atau menghantar dengan pos, kepada peguamcara yang dinamakan di atas suatu notis bertulis tentang niatnya sebegitu. Notis tersebut mestilah menyatakan nama dan alamat pihak berkenaan, atau jika ia sebuah firma, nama dan alamat firma, dan mestilah ditandatangani oleh pihak atau firma berkenaan atau peguamcaranya, jika ada. Notis hendaklah disampaikan, atau jika dihantar dengan pos, hendaklah dihantar dalam jangkamasa mencukupi, supaya sampai kepada pihak yang dinamakan di atas sebelum pukul 12 tengahari pada 05 haribulan Mac, 2024 (sehari sebelum tarikh yang ditetapkan untuk perbicaraan Petisyen tersebut). [Ruj Kami: AHZ/2.2/443/2022/BTIM(YHL)] 322 Notices DIGITAL MARKETING SENIOR EXECUTIVE / ASSISTANT MANAGER Job Description: • Design and develop online marketing strategies, digital roadmap and creative campaign that align with the business goals and directions. • Provide creative ideas for content marketing. • Manage all digital marketing channels. • Plan and manage social media platforms. • Able to create content & produce graphics for social media posts. Requirement: • Diploma / Degree in Marketing, Digital Marketing or equivalent. • At least 3 years experience in digital marketing. • Excellent understanding of digital marketing concept and best practices. • Required skill(s): Google Analytics, SEO/SEM, social media marketing and optimisation. • Team player and great communication skills. ADVERTISING SALES & MARKETING EXECUTIVE / SENIOR EXECUTIVE Job Description: • Building and sustaining strong working relationship with advertising clients. • Plan and executive new, creative, exciting and innovative marketing campaigns for the company. • Develop and continuously improve marketing material, product/services presentations and proposals. • Passionate in serving client accounts to improve sales revenue. Requirement: • Diploma or Bachelor’s degree in business, marketing or other related fields. • At least 2 years of sales and marketing experience in media industry. • Good communication, presentation, problem-solving and organisational skills. • Possess own transport and willing to travel. • Able to start work immediately. Submit your CV with your photo via e-mail to: [email protected] Office based in Petaling Jaya (5-day week) WE ARE HIRING Manager – Finance and HR Job Description: • To handle full set of accounts, month-end closing, year - end closing, audit schedules, tax, stock control, etc. • Responsible for management, statutory and group reporting, development of business plans, budget and cash flow forecast. • Oversee recruitment, manage payroll system, staff benefit, yearly performance and appraisal. • Develop & implement HR policies to support company business objectives and compliance with law and regulatory requirements. • To handle legal and disciplinary matters including staff counselling in compliance with local Labour Law. • Other administration duties where required and part of job scope. • Any other duties as assigned by the superior / management from time to time. Requirements: • Candidate must possess at least Professional or Degree in Finance/Accountancy or equivalent. • At least 5 years managerial/supervising of working experience in audit, financial accounting and HR. • Familiarity with Accpac, ERP Accounting & HR software would be added advantages. • Computer literate and skillful in Ms Excel, Word & PowerPoint. • Good command of written and spoken English. Proficiency in Bahasa Malaysia & Mandarin will be added advantages. IN THE MATTER OF THE COMPANIES ACT, 2016 AND IN THE MATTER OF TECHLANE AGRICULTURE SDN. BHD. [COMPANY NO. 201901005403 (1314730-H)] (In Liquidation - Members’ Voluntary Winding Up) NOTICE IS HEREBY GIVEN that at a Meeting of Members of the Company held at Wisma Tech Titan, BO3-C-15-1, Menara 3A, No. 3 Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur on 15th February 2024, the following Special Resolution was passed: - SPECIAL RESOLUTION – MEMBERS’ VOLUNTARY WINDING UP OF THE COMPANY AND APPOINTMENT OF LIQUIDATOR “THAT the company be liquidated by way of members’ voluntary winding up and that Ms. Tan San Li of Econs Corporate Advisory Sdn. Bhd., L8-02, 8th Floor, Brem Mall, Off Jalan Kepong, 52000 Kuala Lumpur be appointed as Liquidator to act for the purpose of winding-up the company’s affairs and distributing its assets.” Tan Ee Lean Director Date : 21.02.2024 IN THE MATTER OF THE COMPANIES ACT, 2016 AND IN THE MATTER OF TECHLANE AGRICULTURE SDN. BHD. [COMPANY NO. 201901005403 (1314730-H)] (In Liquidation - Members’ Voluntary Winding Up) NOTICE IS HEREBY GIVEN to the creditors of TECHLANE AGRICULTURE SDN. BHD. [Company No. 201901005403 (1314730- H)] which is undergoing members’ voluntary liquidation, to send their names, addresses with particulars of their debts or claims on or before 22nd March 2024 to undersigned Liquidator at Wisma Tech Titan, BO3-C-15-1, Menara 3A, No. 3 Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur, and if Liquidator so requested by notice in writing personally attend at time and place specified in such notice to prove their debts or claims, failing which they will be excluded from any benefit of distribution made before the debts and claims are proven. Tan San Li Liquidator Date : 21.02.2024 IN THE MATTER OF THE COMPANIES ACT, 2016 and IN THE MATTER OF GENTING MANAGEMENT AND CONSULTANCY SERVICES SDN. BHD. Registration No: 198401000375 (112896-T) (In Members’ Voluntary Winding-Up) NOTICE IS HEREBY GIVEN that pursuant to Section 459(2) of the Companies Act, 2016, the Final Meeting of the contributories of the abovenamed Company will be held at the Liquidators’ office at Wisma Goshen, 2nd Floor, 60, 62 & 64 Jalan SS 22/21, Damansara Jaya, 47400 Petaling Jaya, Selangor Darul Ehsan on Monday, 25th day of March, 2024 at 10.00 a.m. for the following purposes:- 1. To lay before the meeting the Liquidators’ statement of account and to give explanations thereof. 2. To decide under Section 518(3) (b) of the Companies Act, 2016, the manner in which the books, accounts and documents of the Company may be destroyed. Dated this 21st day of February, 2024 Lam Lee San Lee Yee Ching Liquidators NOTE: A contributory entitled to attend and vote at the abovementioned meeting is entitled to appoint a proxy who need not be a member of the Company to attend and vote in his stead. The instrument appointing a proxy must be duly deposited at the Liquidators’ office, not less than 48 hours before the time of the meeting. 322 Notices 322 Notices 322 Notices T: 03-7784 6688 F: 03-7785 2625 SCAN ME E: [email protected] WEDNESDAY FEB 21, 2024 TENNIS pundit Mark Petchey believes that Emma Raducanu is capable of winning “multiple Grand Slams” now that she has returned to full fitness. The 21-year-old endured an injury-ridden 2023 but is hoping to get her career back on track on this year’s tour. Following her US Open success in 2021, Raducanu struggled to build on the momentum gained at Flushing Meadows. Recurring injuries and shaky performances raised questions about whether the Brit can continue to compete at the very top level. The former world No. 10 has won three and lost four of her matches so far this year, and slowly but surely she appears to be finding her form. Petchey, who coached Raducanu during her formative years, told The i newspaper: “She is moving well. “She’s probably one of the best athletes out there on the tour right now. I think there are people out there that have a very wrong perception of what she is like as a person and as a competitor out there. “She is going to give everything to this sport. And ultimately I believe she will be a multiple Grand Slam champion.” – Express Newspapers Former coach backs Raducanu to win multiple Slams THE ATLAS ICE COMPANY, BERHAD (INCORPORATED IN MALAYSIA) [191201000003(1302-W)] NOTICE IS HEREBY GIVEN that the 109th Annual General Meeting of the Company will be held at No. 12, Jalan Bukit Gedong, 75050 Melaka on Friday, 22 March 2024 at 12.00 noon to transact the following:- AGENDA AS ORDINARY BUSINESS: 1.To table the Audited Financial Statements for the financial year ended 30 September 2023 together with the Reports of the Directors and Auditors thereon. Note 1 2.To consider and if thought fit, to pass the following Ordinary Resolutions:- Ordinary Resolution 1 (a)To re-elect Mr. Chee Teng Chye who shall retire in accordance with the Company’s Constitution (Article 91 of the Company’s Articles of Association) and being eligible, has offered himself for re-election. Ordinary Resolution 2 (b) To re-elect Mr. Kong Soo Har @ Hoong Hing Hiang who shall retire in accordance with the Company’s Constitution (Article 91 of the Company’s Articles of Association) and being eligible, has offered himself for re-election. Ordinary Resolution 3 (c) To re-elect Mr. Tan Hin Toe who shall retire in accordance with the Company’s Constitution (Article 91 of the Company’s Articles of Association) and being eligible, has offered himself for re-election. Ordinary Resolution 4 (d) To approve the declaration of a final single tier dividend and a bonus single tier dividend totalling 40 sen per ordinary stock for the year ended 30 September 2023. Note 2 Ordinary Resolution 5 (e) To approve payment of Directors’ fees. Ordinary Resolution 6 (f) To re-appoint M/s. O. L. Yeo & Co PLT as Auditors of the Company for the financial year ending 30 September 2024 and to authorise the Board of Directors to fix their remuneration. AS SPECIAL BUSINESS: Special Resolution 1 3. To consider and if thought fit, to pass the following resolution in relation to the proposed revocation of the existing Memorandum and Articles of Association of the Company and adoption of new constitution as set out in Appendix A to be dispatched together with the Company’s Annual Report 2023; Note 7 “THAT Approval be and is hereby given to revoke the existing Memorandum and Articles of Association of the Company with immediate effect and in place thereof to adopt the proposed new Constitution of the Company as set out in Appendix A dispatched together with the Company’s Annual Report 2023 AND THAT the Directors and Company Secretary be authorized and empowered to register and lodge the Constitution as adopted herein with the Companies Commission of Malaysia and henceforth the Constitution herein adopted shall be the Constitution of the Company binding the Company and the members to the same extent as if the Constitution had been signed and sealed by each member and contained covenants on the part of each member to observe all the provisions of the Constitution; AND THAT the Directors be and are hereby authorised to assent to any modification, variation and/or amendments as may be required by any relevant authorities and to do all acts necessary to give effect to the proposed new Constitution.” 4.To transact any other business of which due notice shall have been given. NOTICE OF CLOSURE OF BOOKS NOTICE IS HEREBY GIVEN that the Transfer Book will be closed from 01 March 2024 to 03 March 2024. By Order of the Board, Low Bee Kheng Nurizzatul Ilya binti Md Isa Nur Syabinaz binti Jamal Secretaries Melaka, 21 February 2024 Notes:- 1. Pursuant to Section 340(1)(a) of the Companies Act 2016 [the “Act”], the directors shall lay before the Company at its annual general meeting its annual financial statements made up to a date not more than 6 months before the date of the meeting. There will be no resolution to be passed on this item 1. 2. At the said meeting, the directors will recommend payment of a final single tier dividend of 10 sen per ordinary stock and a bonus single tier dividend of 30 sen per ordinary stock for the year ended 30 September 2023 to all stockholders whose names appear in the Register of Members at the close of business at 5.00 p.m. on 29 February 2024. 3. A member shall not be entitled to appoint more than two (2) proxies to attend at the same meeting. Where a member appoints two (2) proxies, the appointment shall be invalid unless he specifies the proportion of his holdings to be represented by each proxy. 4. The instrument appointing a proxy must be deposited at the Registered Office of the Company at No.12, Jalan Bukit Gedong, 75050 Melaka not less than 48 hours before the time set for holding the meeting or at any adjournment thereof. 5. If the appointer is a corporation, the form of proxy must be given under its common seal or under the hand of an officer of the corporation duly authorised on its behalf. 6. In the case of joint holdings, the vote of the first-named in the Register of Members will be accepted to the exclusion of other joint holders of the stocks. Explanatory Note of Special Business: 7. The proposed Special Resolution, if passed, will streamline the Company’s existing Memorandum and Articles of Association with the Companies Act 2016, which came into force on 31 January 2017 as well as for better clarity and to enhance administrative efficiency. NOTICE OF MEETING DALAM MAHKAMAH MAJISTRET DI KUALA LUMPUR DALAM WILAYAH PERSEKUTUAN KUALA LUMPUR GUAMAN SIVIL NO.: WA-A72NCvC-3544-06/2023 PERMOHONAN PELAKSANAAN NO.: WA-76J-1653-12/2023 ANTARA QUBE APPS SOLUTIONS SDN BHD (No. Syarikat: 201201008022 / 981542-A) …PEMIUTANG PENGHAKIMAN DAN 1. KVRPENTER SDN. BHD. (No. Syarikat: 202001035224 / 1391545-A) 2. AFIQ DINIE BIN DAHMAN (No. K/P: 900414-11-5195) 3. SALIHAH BINTI ABDUL GHAFAR (No. K/P: 920420-11-5464) …PENGHUTANG PENGHAKIMAN NOTIS PENYAMPAIAN GANTI Kepada, 1. Afiq Dinie Bin Dahman (No. K/P: 900414-11-5195) No. 3, Jalan Eco Grandeur 13/1E, 42300 Bandar Puncak Alam, Selangor. 2. Salihah Binti Abdul Ghafar (No. K/P: 920420-11-5464) No. 3, Jalan Eco Grandeur 13/1E, 42300 Bandar Puncak Alam, Selangor. AMBIL PERHATIAN bahawa satu Saman Penghutang Penghakiman telah dikeluarkan terhadap kamu di Mahkamah Majistret Kuala Lumpur dan Permohonan Pelaksanaan No. WA-76J-1653-12/2023 oleh pihak Pemiutang Penghakiman Qube Apps Solutions Sdn Bhd yang beralamat di No. 2-30B, Jalan Desa 1/1, Desa Aman Puri Kepong, 52100 Kuala Lumpur bagi memeriksa tatkal itu dan di situ mengenai keupayaan kamu sebagai Penghutang Penghakiman Kedua dan Ketiga yang dinamakan di atas untuk menjelaskan Penghakiman yang didapatkan terhadap kamu dalam tindakan di atas pada 16 Ogos 2023 untuk sebanyak RM38,487.81 (termasuk faedah 5% yang dikira setakat akhir 27.12.2023 iaitu RM482.40) dan kos RM816.00 dan berikutan dengan Penghakiman itu, jumlah sebanyak RM39,303.81 yang masih lagi terhutang. DAN MAHKAMAH TELAH MEMERINTAHKAN bahawa penyampaian Saman Penghutang Penghakiman bertarikh 27 Disember 2023 bersama-sama dengan Perintah Untuk Penyampaian Ganti bertarikh 5 Februari 2024 (“Dokumen-dokumen tersebut”) dilaksanakan melalui penampalan di alamat terakhir kamu seperti yang tertera di atas serta pengiklanan sekali di dalam akhbar tempatan “The Sun Daily” dan bahawa penampalan dan pengiklanan tersebut adalah menjadi penyampaian yang cukup dan sempurna bagi Dokumen-dokumen tersebut ke atas kamu tujuh (7) hari dari tarikh terakhir penampalan dan / atau pengiklanan tersebut. DAN SILA AMBIL PERHATIAN bahawa Saman Penghutang Penghakiman ini telah ditetapkan untuk Pengurusan Kes pada 12 Mac 2024 melalui platform e-Review pada pukul 9.00 pagi. Jika kamu tidak hadir sedemikian maka suatu waran tangkap dan / atau perintah lain boleh dikeluarkan terhadap kamu. Bertarikh pada 5 Februari 2024. T.T ............................................... TETUAN CHAN & ASSOCIATES Peguamcara pihak Pemiutang Penghakiman NOTIS PENYAMPAIAN GANTI ini dikeluarkan oleh Tetuan Chan & Associates, Peguamcara bagi pihak Pemiutang Penghakiman yang mempunyai alamat untuk penyampaian di Suite 1-08, Wisma Badan Peguam Malaysia, No. 2, Lebuh Pasar Besar, 50050 Kuala Lumpur. [Ruj: YWL/0515/22/RS Tel: 03-2693 6988 Emel: [email protected]] DALAM MAHKAMAH TINGGI MALAYA DI PULAU PINANG DALAM NEGERI PULAU PINANG PETISYEN PERCERAIAN NO: PA-33JP-571-07/2022 Dalam perkara mengenai Seksyen 52 Akta Membaharui Undang-Undang (Perkahwinan dan Perceraian) 1976 Dan Dalam perkara mengenai Kaedah-Kaedah Prosiding Perceraian dan Perkahwinan 1980 Antara 1. IAN SIOW HOCK AUN (SUAMI) (No. K/P: 720108-10-5281) ... PEMPETISYEN SUAMI 2. LEE CHEN NIE (ISTERI) (No. K/P : 791029-07-5932) ...PEMPETISYEN ISTERI NOTIS Kepada : IAN SIOW HOCK AUN No. 1, Jalan Pantai Jerjak 16 11900 Bayan Lepas Pulau Pinang AMBIL PERHATIAN bahawa suatu tindakan telah dimulakan terhadap kamu di Mahkamah Tinggi Pulau Pinang, Guaman Sivil No. PA33JP-571-07/2022 oleh LEE CHEN NIE (No. K/P: 791029-07-5932) beralamat di Sri Sayang Apartment, Unit 5-02, 188 Jalan Batu Ferringhi, 11100 Pulau Pinang dalam mana tuntutan Pempetisyen Isteri untuk (1) Satu Perintah pengkomitan dikeluarkan terhadap Pempetisyen Suami, IAN SIOW HOCK AUN (No. K/P: 720108-10-5281) ditangkap dan/atau dikomit untuk menghadapi Mahkamah atas alasan penghinaannya terhadap Mahkamah Yang Mulia ini dengan tidak mematuhi Klausa (i)(j)(k)(l) Perintah Perceraian bertarikh 9.9.2022; (2) Suatu Perintah pengkomitan dikeluarkan terhadap pempetisyen Suami, IAN SIOW HOCK AUN (No. K/P : 720108-10-5281) bahawa kerana penghinaan yang dilakukan oleh Pempetisyen Suami IAN SIOW HOCK AUN (No. K/P: 720108-10-5281), hendaklah dikomitkan dan dipenjarakan ke dalam penjara; (3) Kos dibayar oleh Pempetisyen Suami kepada Pempetisyen Isteri; dan (4) lain-lain relif yang difikirkan adil dan suaimanfaat oleh Mahkamah Yang Mulia ini. DAN Mahkamah Yang Mulia ini telah memerintahkan bahawa Notis Permohonan bertarikh 19.12.2023, Pernyataan Menurut Aturan 52 Kaedah 3(2) Kaedah-Kaedah Mahkamah 2012 bertarikh 24.10.2023, Perintah Ex-parte bertarikh 11.12.2023, Afidavit Sokongan Pempetisyen Isteri bertarikh 24.10.23, (“Selepas ini dirujuk secara kolektif sebagai dokumen-dokumen tersebut”) hendaklah dilaksanakan secara penyampaian ganti dengan menampalkan sesalinan termeterai dokumen-dokumen tersebut di Papan Kenyataan Mahkamah Tinggi Pulau Pinang, penampalan di premis alamat terakhir Pempetisyen Suami di No. 1, Jalan Pantai Jerjak 16, 11900 Bayan Lepas, Pulau Pinang dan juga melalui penerbitan notis sekali dalam satu akhbar harian tempatan, The Sun. Penampalan serta pengiklanan sedemikian hendaklah menjadi penyampaian yang sempurna dan cukup terhadap Pempetisyen Suami selepas tujuh (7) hari selepas tarikh akhir penampalan dan pengiklanan. DAN AMBIL PERHATIAN bahawa Notis Permohonan (Permohonan Minta Suatu Perintah Pengkomitan) tersebut akan didengar di dalam Mahkamah ini pada 04 haribulan Mac 2024 pukul 9.00 pagi, di mana pada tarikh tersebut kamu dikehendaki hadir ke Mahkamah dan sekiranya kamu tidak hadir dan sebelum itu tidak memasukkan kehadiran di dalam Mahkamah selepas tujuh (7) hari dokumen-dokumen tersebut disampaikan secara penyampaian ganti kepada kamu, Mahkamah akan memasukkan Penghakiman ke atas ketidakhadiran kamu. Dokumen-dokumen tersebut boleh diperiksa oleh kamu di atas permohonan di Mahkamah ini. Bertarikh pada 14 haribulan Februari 2024 .........t.t......... Peguamcara Pempetisyen Isteri Notis ini difailkan oleh Tetuan Amir & Lee yang beralamat di No. 18-25-A1, Gurney Tower, Persiaran Gurney, 10250 Pulau Pinang, Peguamcara bagi Pempetisyen Isteri yang dinamakan di atas. [Ruj No. L23-014/FS)] 322 Notices NOTICE OF APPLICATION FOR VOLUTARY WINDING UP OF LIMITED LIABILITY PARTNERSHIP (Section 50(4)(a) of the Limited Liability Partnerships Act 2012) Notice is hereby given that SENG LEE ENZYME PLT (LLP No. 201804004180 (LLP0018562-LGN) will be making an application to the Registrar of Limited Liability Partnerships for a declaration of dissolution pursuant to Section 50(2) of the Limited Liability Partnerships Act 2012 within seven (7) days after the publication of this notice. Any partner or creditor of the LLP desiring to object to the application may do so in writing to the Companies Commission of Malaysia within thirty (30) days from the date of this notice. Date: 20 February 2024 322 Notices DALAM MAHKAMAH TINGGI MALAYA DI SHAH ALAM DALAM NEGERI SELANGOR DARUL EHSAN, MALAYSIA PENGGULUNGAN SYARIKAT NO.: BA-28NCC-617-11/2023 Dalam Perkara Seksyen 466(1)(a) dan 465(1)(e) Akta Syarikat 2016 Dan Dalam Perkara Yusri Holdings Legacies Sdn Bhd (No. Syarikat: 201901002783 (1312109-K)) Dan Dalam Perkara Kaedah-Kaedah (Penggulungan) Syarikat, 1972 ANTARA BAIJIAN INTERNATIONAL TRADE (M) SDN BHD (No. Syarikat: 201901030246 (1339576-M)) .... PEMPETISYEN DAN YUSRI HOLDINGS LEGACIES SDN BHD (No. Syarikat: 201901002783 (1312109-K)) .... RESPONDEN NOTIS IKLAN NOTIS ADALAH DENGAN INI DIBERI bahawa suatu Petisyen untuk Penggulungan Syarikat yang dinamakan di atas oleh Mahkamah Tinggi telah pada 01 haribulan November, 2023 dikemukakan oleh BAIJIAN INTERNATIONAL TRADE (M) SDN BHD. DAN bahawa Petisyen tersebut diarahkan supaya dibicarakan di hadapan Mahkamah yang bersidang di Mahkamah Tinggi Shah Alam pada pukul 9.00 pagi, pada 06 haribulan Mac, 2024. DAN mana-mana pihak pemiutang atau penyumbang Syarikat tersebut yang ingin menyokong atau menentang sesuatu perintah mengikut Petisyen tersebut boleh hadir dengan tujuan itu secara peribadi atau melalui peguambelanya pada masa perbicaraan. Salinan Petisyen tersebut akan dibekalkan oleh pihak yang bertandatangan di bawah ini kepada mana-mana pemiutang atau penyumbang Syarikat tersebut yang memintanya dengan membuat bayaran yang ditetapkan. Alamat pendaftaran Pempetisyen adalah di A-2-15 Street Mall, One South Jalan OS, Taman Serdang Perdana Seksyen 6, Seri Kembangan, 43300 Selangor dan/ atau alamat perniagaannya adalah di No. 27 & No. 29, 2nd Floor, Jalan Gambut 2, Kuantan, 25000 Pahang. Peguamcara Pempetisyen ialah Tetuan Azraai, Hazieq & Zikry yang beralamat di B-8-5A, Level 8, Block B, Menara Uncang Emas, Jalan Loke Yew, 55200, Kuala Lumpur. Bertarikh pada 04 haribulan Januari, 2024 t.t ............................................................... TETUAN AZRAAI, HAZIEQ & ZIKRY Peguamcara bagi pihak Pempetisyen PERINGATAN: Sesiapa yang ingin hadir pada perbicaraan Petisyen tersebut hendaklah menyampaikan, atau menghantar dengan pos, kepada peguamcara yang dinamakan di atas suatu notis bertulis tentang niatnya sebegitu. Notis tersebut mestilah menyatakan nama dan alamat pihak berkenaan, atau jika ia sebuah firma, nama dan alamat firma, dan mestilah ditandatangani oleh pihak atau firma berkenaan atau peguamcaranya, jika ada. Notis hendaklah disampaikan, atau jika dihantar dengan pos, hendaklah dihantar dalam jangkamasa mencukupi, supaya sampai kepada pihak yang dinamakan di atas sebelum pukul 12 tengahari pada 05 haribulan Mac, 2024 (sehari sebelum tarikh yang ditetapkan untuk perbicaraan Petisyen tersebut). [Ruj Kami: AHZ/2.2/443/2022/BTIM(YHL)] 322 Notices DIGITAL MARKETING SENIOR EXECUTIVE / ASSISTANT MANAGER Job Description: • Design and develop online marketing strategies, digital roadmap and creative campaign that align with the business goals and directions. • Provide creative ideas for content marketing. • Manage all digital marketing channels. • Plan and manage social media platforms. • Able to create content & produce graphics for social media posts. Requirement: • Diploma / Degree in Marketing, Digital Marketing or equivalent. • At least 3 years experience in digital marketing. • Excellent understanding of digital marketing concept and best practices. • Required skill(s): Google Analytics, SEO/SEM, social media marketing and optimisation. • Team player and great communication skills. ADVERTISING SALES & MARKETING EXECUTIVE / SENIOR EXECUTIVE Job Description: • Building and sustaining strong working relationship with advertising clients. • Plan and executive new, creative, exciting and innovative marketing campaigns for the company. • Develop and continuously improve marketing material, product/services presentations and proposals. • Passionate in serving client accounts to improve sales revenue. Requirement: • Diploma or Bachelor’s degree in business, marketing or other related fields. • At least 2 years of sales and marketing experience in media industry. • Good communication, presentation, problem-solving and organisational skills. • Possess own transport and willing to travel. • Able to start work immediately. Submit your CV with your photo via e-mail to: [email protected] Office based in Petaling Jaya (5-day week) WE ARE HIRING Manager – Finance and HR Job Description: • To handle full set of accounts, month-end closing, year - end closing, audit schedules, tax, stock control, etc. • Responsible for management, statutory and group reporting, development of business plans, budget and cash flow forecast. • Oversee recruitment, manage payroll system, staff benefit, yearly performance and appraisal. • Develop & implement HR policies to support company business objectives and compliance with law and regulatory requirements. • To handle legal and disciplinary matters including staff counselling in compliance with local Labour Law. • Other administration duties where required and part of job scope. • Any other duties as assigned by the superior / management from time to time. Requirements: • Candidate must possess at least Professional or Degree in Finance/Accountancy or equivalent. • At least 5 years managerial/supervising of working experience in audit, financial accounting and HR. • Familiarity with Accpac, ERP Accounting & HR software would be added advantages. • Computer literate and skillful in Ms Excel, Word & PowerPoint. • Good command of written and spoken English. Proficiency in Bahasa Malaysia & Mandarin will be added advantages. IN THE MATTER OF THE COMPANIES ACT, 2016 AND IN THE MATTER OF TECHLANE AGRICULTURE SDN. BHD. [COMPANY NO. 201901005403 (1314730-H)] (In Liquidation - Members’ Voluntary Winding Up) NOTICE IS HEREBY GIVEN that at a Meeting of Members of the Company held at Wisma Tech Titan, BO3-C-15-1, Menara 3A, No. 3 Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur on 15th February 2024, the following Special Resolution was passed: - SPECIAL RESOLUTION – MEMBERS’ VOLUNTARY WINDING UP OF THE COMPANY AND APPOINTMENT OF LIQUIDATOR “THAT the company be liquidated by way of members’ voluntary winding up and that Ms. Tan San Li of Econs Corporate Advisory Sdn. Bhd., L8-02, 8th Floor, Brem Mall, Off Jalan Kepong, 52000 Kuala Lumpur be appointed as Liquidator to act for the purpose of winding-up the company’s affairs and distributing its assets.” Tan Ee Lean Director Date : 21.02.2024 IN THE MATTER OF THE COMPANIES ACT, 2016 AND IN THE MATTER OF TECHLANE AGRICULTURE SDN. BHD. [COMPANY NO. 201901005403 (1314730-H)] (In Liquidation - Members’ Voluntary Winding Up) NOTICE IS HEREBY GIVEN to the creditors of TECHLANE AGRICULTURE SDN. BHD. [Company No. 201901005403 (1314730- H)] which is undergoing members’ voluntary liquidation, to send their names, addresses with particulars of their debts or claims on or before 22nd March 2024 to undersigned Liquidator at Wisma Tech Titan, BO3-C-15-1, Menara 3A, No. 3 Jalan Bangsar, KL Eco City, 59200 Kuala Lumpur, and if Liquidator so requested by notice in writing personally attend at time and place specified in such notice to prove their debts or claims, failing which they will be excluded from any benefit of distribution made before the debts and claims are proven. Tan San Li Liquidator Date : 21.02.2024 IN THE MATTER OF THE COMPANIES ACT, 2016 and IN THE MATTER OF GENTING MANAGEMENT AND CONSULTANCY SERVICES SDN. BHD. Registration No: 198401000375 (112896-T) (In Members’ Voluntary Winding-Up) NOTICE IS HEREBY GIVEN that pursuant to Section 459(2) of the Companies Act, 2016, the Final Meeting of the contributories of the abovenamed Company will be held at the Liquidators’ office at Wisma Goshen, 2nd Floor, 60, 62 & 64 Jalan SS 22/21, Damansara Jaya, 47400 Petaling Jaya, Selangor Darul Ehsan on Monday, 25th day of March, 2024 at 10.00 a.m. for the following purposes:- 1. To lay before the meeting the Liquidators’ statement of account and to give explanations thereof. 2. To decide under Section 518(3) (b) of the Companies Act, 2016, the manner in which the books, accounts and documents of the Company may be destroyed. Dated this 21st day of February, 2024 Lam Lee San Lee Yee Ching Liquidators NOTE: A contributory entitled to attend and vote at the abovementioned meeting is entitled to appoint a proxy who need not be a member of the Company to attend and vote in his stead. The instrument appointing a proxy must be duly deposited at the Liquidators’ office, not less than 48 hours before the time of the meeting. 322 Notices 322 Notices 322 Notices
SPORTS SPORTS WEDNESDAY | FEB 21, 2024 28 IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR (COMMERCIAL DIVISION) PETITION NO.: WA-26NCC-1-01/2024 In the matter of AT Systematization Berhad [Company No.: 200401006297 (644800-X)] And In the matter of Sections 115 and 116 of the Companies Act 2016 (Act 777) and Companies (Reduction of Capital) Rules 1972 And In the matter of Order 88 of the Rules of Court 2012 AT SYSTEMATIZATION BERHAD [COMPANY NO.: 200401006297 (644800-X)] ...PETITIONER NOTICE OF PRESENTATION AND HEARING OF PETITION NOTICE IS HEREBY GIVEN that a petition for confirming a resolution reducing the capital of the above company from RM487,942,699.00 to RM227,942,699.00 through the cancellation of RM260,000,000.00 from the issued share capital of the Petitioner which is lost or unrepresented by available assets was on the 22nd day of January 2024 presented to the High Court of Malaya at Kuala Lumpur AND THAT the petition is directed to be heard in Court on 26th day of March 2024, 9.30 a.m. via video conference platform by way of Zoom. Dated 21th day of February 2024 Chong + Kheng Hoe …………………………… Messrs. Chong + Kheng Hoe Solicitors for the Petitioner This NOTICE OF PRESENTATION AND HEARING OF PETITION is prepared by Messrs. Chong + Kheng Hoe, solicitors for the Petitioner abovenamed, having its address at A3-3-6, Solaris Dutamas, No. 1, Jalan Dutamas 1, 50480 Kuala Lumpur, Malaysia. [Ref.: 23071808 Tel.: 03 6205 3928 Email: [email protected]] 322 Notices Bazball or bust McCullum to trust methods despite criticism from former captains BRENDON MCCULLUM insisted England’s best chance of turning the tide in India is to keep trusting in their methods as he resists calls to adapt despite a humbling defeat in Rajkot. Michael Vaughan described a 434-run loss in the third Test – their heaviest since 1934 – as a “wake-up call” on Twitter/X, while Nasser Hussain indicated in the Daily Mail that “tweaks” to the “Bazball” approach are a must. The suggestions of two former England captains are likely to fall on deaf ears as McCullum sticks to his guns despite going 2-1 down in a five-match series which resumes in Ranchi on Friday. McCullum, who has won 14 of 21 Tests as England head coach after taking charge of a team triumphant in one of their preceding 17, accepts criticism will come his way but says he and skipper Ben Stokes feel that putting limitations in place can only have a disruptive effect. “The positivity and confidence within the environment needs to remain,” McCullum said. “If we do that we give ourselves the best opportunity with the talent we possess to bounce back. “That messaging that comes from myself and the skipper will never change regardless of how we’re going. I don’t want our guys to ever doubt themselves otherwise we go back to where it was beforehand. “When you start retreating a little bit on what you’ve done before and what you’ve said you’re trying to achieve, you’re literally living and dying every day by your results and that’s not what this team is about. “This team is about trying to keep pushing the game forward, to try and entertain and ultimately win. “It didn’t work this time around but you can only do that by providing an environment where the guys feel safe and feel they can take on the world.” Joe Root spilled a catch in the first innings of the Test that would have left India 47 for four before they made 445 and was then out to a reverse ramp as England crumbled from 224 for two to 319 all out, with the tourists out of the game from that point on. Root, left nursing a sore thumb that is not thought to be serious, is yet to reach 30 in this series, while fellow Yorkshireman Jonny Bairstow is also struggling, out for nought and four in recent days. “I’m not blind but he’s (Bairstow) done so well for us and he’s had such an impactful career,” McCullum said. “So from our point of view, we’ve got to keep on giving him confidence and block out a lot of the external noise as well and keep him really present and focused on what he’s trying to achieve, and I’m sure Jonny will come good. “(I will) spend a bit of time with Jonny and remind him that he’s such a wonderful player.” “Joe will be fine. It’s a great compliment to be in a funk after three Test matches. He just has to keep backing himself and wait for the luck to turn his way.” – The Independent Matsuyama leaps into OWGR top 20 after Genesis win HIDEKI MATSUYAMA picked up even more than a US$4 million (RM19m) paycheck and 700 FedEx Cup points on Sunday at the Genesis Invitational. Matsuyama’s final-round 62 to surge past the field and win the Genesis planted him back in the top 20 of the world. The former Masters winner from Japan, once as high as No. 2 in the Official World Golf Ranking, entered last week a mere No. 55. He hadn’t won a tournament since January 2022 and struggled with a neck injury for some time. With his final score of 17-under 267 at Riviera Country Club near Los Angeles, Matsuyama rocketed 35 places up the board, his first time in the top 20 in nearly a year. Matsuyama himself was surprised with his victory. He started the final round six shots off the pace and said he was not playing his best. “I was not feeling comfortable with my ball-striking, so I was kind of thinking, ‘Hey, I’m going to have a couple missed shots (Sunday),’” Matsuyama told reporters via interpreter Ken Hirai, “but maybe that kind of worked out.” Will Zalatoris also benefited from his week at the Genesis and racked up OWGR points. By tying for second with Luke List, Zalatoris jumped 22 spots from No. 54 to No. 32 in the world. It was Zalatoris’ most successful outing since returning from back surgery. He missed most of the 2023 season due to back problems. List, a two-time PGA Tour winner, gained 39 spots from No. 96 to No. 57 in the OWGR. He has not been ranked this high since the 2022 Masters. The top five in the OWGR remained the same yesterday: Scottie Scheffler, followed by Northern Ireland’s Rory McIlroy, Spain’s Jon Rahm, Norway’s Viktor Hovland and Xander Schauffele. – PGA Tour MANNY PACQUIAO’S coach has hinted that the boxing legend could be back in the ring in just eight weeks. The former world champion is said to be eyeing a fight against Terence Crawford. Fans had been hoping for a rematch with Floyd Mayweather, but it seems Pacquiao has his sights set elsewhere. Despite retiring from the sport last year at the age of 45, Pacquiao isn’t ready to hang up his gloves just yet. After an illustrious career which saw him win 12 world titles across eight weight classes, the Filipino boxer suffered a points defeat to Yordenis Ugas in his last fight, pushing him into retirement. But Pacquiao’s ex-strength and conditioning coach, Justin Fortune, has teased that the boxing legend could make a return to the ring sooner than fans think. According to Fortune, the southpaw superstar is keen on facing welterweight world champion Crawford. Speaking about Pacquiao’s potential comeback, Fortune explained: “He was a gym rat. I could pull him back into shape for Crawford in eight weeks. Of course, we’ll need to know when to push him or pull back because of his age.” “Manny has a 50% chance of winning because he’s still a freak athlete, and it wouldn’t take much to pull him into shape,” he continued as he talked up the attributes of the star despite his official retirement three years ago. “The power he has is a gift from God, he hasn’t lost his power. Manny has never ducked anyone.” “He’s always fought the best, and not saying (Floyd) Mayweather’s not the best, but he’s old,” he said as he tipped the veteran to still be capable of mixing it with the top stars of today. “I’d prefer Manny to come back and prove himself against a current world champion like (Terence) Crawford.” Only on Feb 8, the allencompasing eight-division world champion took to his Instagram page to show he was back in training as he was shown in the gym hitting the punchbag. Remarking on his evergreen abilities, Fortune opined that a fight between a star nearly a decade his junior could be feasible, adding: “That’s a massive payday, and guess what, it’s a 50-50 fight.” – Express Newspapers Pacquiao’s trainer breaks silence on boxing return █ BY DAVID CHARLESWORTH PITLANE FIA to wait for RB-Horner inquiry THE FIA have released a statement regarding the internal investigation into Christian Horner, insisting that they remain committed to “upholding the highest standards of integrity, fairness and inclusivity” within motorsport. The Red Bull team principal was placed under an internal investigation following allegations of misconduct from a female Red Bull employee, although the decision was made not to suspend Horner from his duties. Offering their comment on the matter, an FIA statement read: “In relation to the independent investigation currently being undertaken by Red Bull, the FIA reiterates that until such time as the investigation has concluded and the outcome is known, we will not be commenting further. The FIA remains committed to upholding the highest standards of integrity, fairness and inclusivity within the sport.” Despite the uncertainty regarding his future, the Red Bull team principal was present at the RB20 launch event at the team’s Milton Keynes factory last weeky, and he also plans to be present when pre-season testing gets underway in Bahrain today. Alonso blasts ‘unfair’ pre-season testing FERNANDO ALONSO believes the current format of pre-season testing is unfair and should be altered from 2025 onwards. F1 stars are descending on Bahrain ahead of this week’s three-day test, with the first Grand Prix of the year now less than two weeks away. But each team can only field one car per day, meaning one driver per team will be disadvantaged relative to their teammate. Going forward, Alonso believes F1 bosses should either extend it to a fourday test or allow both cars to be out on track at the same time. “We have a very limited testing in Bahrain, which is, and by the way I can say now, I’ve been thinking all winter about this, how unfair it is that we have one day and a half to prepare for a world championship,” said the Spaniard. “I cannot understand why we then go to Bahrain for four days, which could be two and two for (each of) the drivers. If you go for three (days), which is not even, which is an odd number, you cannot divide it (equally) between the drivers. And I don’t know why we don’t go with two cars.” Mccullum. – REUTERSPIX Manny Pacquiao (right). – REUTERSPIX
SPORTS SPORTS WEDNESDAY | FEB 21, 2024 29 Gung-ho Gunners Free-scoring Arsenal want to win it all, says Odegaard MARTIN ODEGAARD has urged Arsenal to use the momentum from their recent goal spree to fuel the club’s historic bid for Champions League and Premier League glory. The Gunners head to Porto tomorrow (4am malaysian time) for the first leg of their Champions League last 16 tie in buoyant mood after demolishing Burnley 5-0 last weekend. Mikel Arteta’s side have started a calendar year with five successive League wins for the first time in their history, scoring 21 goals in those games. Arsenal are just two points behind Premier League leaders Liverpool and can turn their attention to Porto safe in the knowledge they are firmly in the hunt for a first title since 2004. As well as reigning supreme in England for the first time in 20 years, the north Londoners are convinced they can also conquer Europe. Arsenal have never won the Champions League – losing their only final appearance against Barcelona in 2006. Buoyed by the recent string of highscoring wins, Gunners captain Odegaard is confident his team can mount a thrilling bid for both trophies. “That’s what we want to do, we want to compete in every competition we play in,” the Norway midfielder said. “Of course Champions League is a massive one, so we are excited for it. “We just want to focus on ourselves each game, keep improving every game and we will see how it goes. “We are in a good moment now. We have to use that momentum, keep building on it and we will see.” Arsenal lost their opening game of the year to Liverpool in the FA Cup. Revitalised by a warm-weather training camp in Dubai, they crushed Crystal Palace 5-0 and beat Nottingham Forest. They put Liverpool to the sword in a 3-1 League victory that served notice of Arsenal’s hunger to make amends for last season’s late collapse in the title race. They then thrashed West Ham 6-0 before crushing Burnley. Porto, a disappointing third in the Portuguese league, could be next to suffer against Arsenal’s suddenly ruthless attack. For much of the season, critics suggested Arsenal’s lack of a genuine penalty-box predator could ruin their title chances. Gabriel Jesus’s recurring injury problems have hardly helped but, even with the Brazilian playing just twice in 2024, Arsenal have been scoring with ease. “I think that’s what we were missing a little bit in the last few weeks before the break. We created so much but we didn’t score the goals,” Odegaard said. “But within the last few games, we’ve been brilliant in front of goal. We get so many people in the box and so many situations around the box.” England winger Bukayo Saka has been one of the key figures in Arsenal’s blistering run. Stopping him will be an essential part of Porto’s game-plan at the Estadio do Dragao. The 22-year-old scored twice against Burnley, giving him seven goals in his last seven games. “The boss told us we’re the first Arsenal team to win five in a row at the start of the year, so it’s a nice achievement and we’ll definitely build momentum going forward,” Saka said. “Not only that I’m playing well, the team’s playing well and we’re scoring a lot of goals because we’ve got some really important fixtures coming up.” – AFP DEJAN KULUSEVSKI has acknowledged Tottenham were “too open” against Wolves and insisted they must work harder to get their topfour charge back on track. Spurs slipped to a 2-1 loss at home on Saturday, which allowed Aston Villa to leapfrog them and take back fourth position, while sixthplaced Manchester United are only three points behind. Tottenham lacked fluency against Wolves and while Kulusevski levelled 34 seconds into the second half, the visitors continued to cause Ange Postecoglou’s team problems on the break and it ultimately resulted in Joao Gomes’ second goal after a superb Pedro Neto run. “Nothing worse than losing so very tough,” Kulusevski said. “We had a lot of chances, we can’t score them and then not enough discipline when we lost the ball. “They had two or three counter-attacks where we’re not good enough and they made us pay. After that it is difficult to come back again in the game. “We were too many guys up front. Too open and not running back as hard as we should. They could score a couple and that’s not good enough.” Tottenham have shipped chances all season and only kept five clean sheets in the Premier League, but have missed first-choice defenders Cristian Romero and Micky van de Ven for chunks of the campaign. The absence of speedy fullbacks Pedro Porro and Destiny Udogie also curbed Spurs’ creativity against Wolves and they face a two-week wait to put things right as Friday’s scheduled fixture at Chelsea was postponed due to the Blues’ Carabao Cup final involvement. Postecoglou stated hard work would get Tottenham back to the free-flowing football they produced during the opening months of the season and Kulusevski echoed his sentiments ahead of Crystal Palace’s visit on March 2. Kulusevski added: “We are not playing good enough, especially first half. We are not playing good enough and losing too many balls, so we have to get better. “We have two weeks to work on that and come back much better. We found a couple of solutions (against Wolves) so it is there and we just have to get better and practice in training. “We are football players, we want to play a lot and two weeks is a long of time, but we have to do the journey. We have to train and get better, so we have to see it as a positive thing.” – The Independent EVERTON midfielder Amadou Onana rescued a 1- 1 draw against fellow strugglers Crystal Palace with a late equaliser just hours after the Eagles hired Oliver Glasner as their new manager yesterday. Sean Dyche’s side were in danger of a damaging defeat in the fight for Premier League survival after Jordan Ayew blasted Palace ahead with a fine finish in the second half at Goodison Park. But Onana levelled with six minutes left to lift Everton out of the relegation zone above Luton on goal difference. If Palace had held on, they would have moved eight points clear of the bottom three, but instead the gap to Luton is five points. It was a blow to former Eintracht Frankfurt boss Glasner, who was appointed by Palace after Roy Hodgson stepped down earlier on a dramatic day for the south London club. Hodgson’s assistants Paddy McCarthy and Ray Lewington were in charge against Everton, but Glasner was seated alongside Palace chairman Steve Parish and sporting director Dougie Freedman in the Goodison stands. “It was a wonderful goal by Jordan Ayew, but we couldn’t hold on. There’s lots of quality and Glasner is coming into a squad with plenty of character,” McCarthy said. “I’m sure the players were aware he was watching. There are lots of positives he will have seen and I’m sure he cannot wait to get to work.” Everton boss Sean Dyche added: “We let in a bad goal from our point of view, but there was a lot of good in that second half. “Our mentality has been key the last few weeks and will be going forward.” Glasner has agreed a contract until June 2026 and will be in charge for the first time when Palace host second bottom Burnley on Saturday in another crucial clash. He faces a tough task to revive a team with only three wins in their last 20 games in all competitions during an alarming slide towards the relegation zone. Former England and Liverpool manager Hodgson’s departure was suitably respectful for a boyhood Palace fan who served them well in two spell as manager. Palace supporters who made the trip to Goodison appeared to have made peace with Hodgson as they held up signs reading “Thank you Roy” and “One of our own”. Now it is up to Glasner to ensure Hodgson’s legacy of top-flight survival is not wasted. The 49-year-old Austrian led Eintracht to Europa League glory in 2022 and reached the Champions League last 16 the following year before leaving at the end of last season. – AFP Glasner watches as lasner watches as Palace denied win alace denied win █ BY GEORGE SESSIONS TOUCHLINES FORMER Manchester United manager Ole Gunnar Solskjaer is being considered as a short-term option by Bayern Munich if they sack Thomas Tuchel. BAYERN MUNICH are considering a move for Bayer Leverkusen boss Xabi Alonso, who has been linked with Liverpool. FORMER Real Madrid manager Zinedine Zidane is a candidate to succeed Tuchel at Bayern Munich. FORMER Birmingham, Hull and Aston Villa boss Steve Bruce is interested in becoming South Korea manager after Jurgen Klinsmann was sacked last week, but he also features on shortlists for clubs in the Saudi Arabian Pro League. MANCHESTER UNITED are interested in 18-year-old Bayern Munich and France forward Mathys Tel. MANCHESTER UNITED want AC Milan’s 25-year-old Netherlands midfielder Tijjani Reijnders. CHELSEA are tracking Bologna and Netherlands striker Joshua Zirkzee, 22, but face competition from Arsenal, Manchester United and Barcelona. GERMANY midfielder Joshua Kimmich, 29, is set to leave Bayern Munich at the end of the season because his relationship with manager Thomas Tuchel has broken down. ASTON VILLA are unlikely to turn Nicolo Zaniolo’s loan from Galatasaray into a permanent deal this summer. The 24-year-old Italy midfielder is keen to return to Serie A. ASTON VILLA are considering a move for Red Bull Salzburg’s 19- year-old Israel midfielder Oscar Gloukh. BRENTFORD director of football Phil Giles, former Monaco sporting director Paul Mitchell and ex-Roma general manager Tiago Pinto are candidates to replace Dan Ashworth at Newcastle. ARSENAL are considering a move for Aston Villa’s 28-year-old England striker Ollie Watkins. WEST HAM have put former Wolves manager Julen Lopetegui, exNottingham Forest boss Steve Cooper and former Chelsea manager Graham Potter on a list of potential successors to David Moyes, whose position is under threat. Dejan unhappy with Spurs’ defensive discipline against Wolves Crystal Palace’s Chris Richards jumps to win a header during his team’s Premier League match against Everton. – AFPPIX
SPORTS SPORTS WEDNESDAY | FEB 21, 2024 30 5763/2024 20/02/2024 (TUE) 6320 6668 7217 0062 6403 0385 5527 7970 8962 6872 7950 6222 9106 1821 8303 3968 6239 9955 1814 9244 5936 2994 7570 8,685,350.90 6320 6320 6320 7217 7217 6668 7217 7217 6668 6668 6320 6668 172,327.21 6320 6668 7217 HORSE 21352 03445 3445 445 38386 4 5 8 6 195086 95086 5086 086 19508 1950 195 1 9 6,611,351.05 3,683,256.25 7 21 30 32 36 50 508,074.62 1 24 25 44 46 53 1 2 11 20 44 48 38 30,208,488.61 RM190,176 RM26,022 won on 18/02/2024 ! Toto 4D Jackpot 2 (i-System) Toto 4D Jackpot 2 812 961 +DRAGON 899 555 + TIGER 458 920 +ROOSTER Draw Date: 20/02/24 (Tue) Draw No: 5710/24 Venue: PERAK TURF CLUB 2961 9555 8920 3411 + 6103 3780 + 8135 3934 + 3226 9076 + 6624 2794 + 3601 6700 + 3495 3772 + 3661 1574 + 4570 7718 + 1961 9071 + 5501 RM6,238,979.70 2961 + 9555 9555 + 2961 2961 + 8920 8920 + 2961 9555 + 8920 8920 + 9555 RM113,053.90 RM350,000.00 RM80,000.00 RM355,841.90 963 411 956 103 783 780 118 135 653 934 663 226 279 076 006 624 702 794 003 601 026 700 923 495 893 772 163 661 931 574 114 570 777 718 681 961 829 071 755 501 961 555 920 RM970,658.00 961 + 555 + 920 555 + 920 + 961 961 + 920 + 555 920 + 961 + 555 555 + 961 + 920 920 + 555 + 961 1+3DJP2 RM508,793& 3rd Prize Bonus RM118,614 won on 18/2/24! Backs against the wall Daunting task for Napoli as Barca come to town NAPOLI are once again trying to start afresh as they face Barcelona in the Champions League after sacking their second manager of a disastrous season. With the Italian champions ninth in Serie A and in a worse position than they were under the first casualty of this wretched campaign, Rudi Garcia, Walter Mazzarri was sacked on Monday after just three months in charge. To replace him Napoli’s outspoken owner Aurelio De Laurentiis has plumped for Slovakia coach Francesco Calzona, who has the daunting task of Barca at home for his first match in charge of a toptier club. As well as being a glamourous fixture, tomorrow’s last 16, first-leg clash is a key match for Napoli as the competition is their only chance to grab some glory from a season in which their defence of a historic third league title has long since ended. Napoli are a whopping 27 points behind league leaders Inter Milan and their chances of qualifying into next season’s revamped Champions League are slim, even if Italy wins a fifth spot. Calzona’s new team are nine points behind both fourth-placed Atalanta and Bologna in fifth, and have shown little sign of being able to claw back that gap, failing to score in nine of Mazzarri’s matches in all competitions. But Victor Osimhen should be newly available as he continued his postAfrica Cup of Nations comeback in training on Monday. Before being sacked Mazzarri said that he “hoped” Osimhen would be able to start against Barca as Napoli have been struggling to score. “It’s always painful to sack a friend,” said De Laurentiis in a short interview with Sky Sport on Monday, but Mazzarri won just four of 12 Serie A matches since taking over, collecting 15 points. That is even less than the 21 that Garcia managed from his 12 league matches in charge, a total that had Napoli fourth when the Frenchman was dismissed. Calzona, who has guided Slovakia to Euro 2024, has been charged by De Laurentiis with giving Napoli army of fans “something extra” to get them back onside. The 55-year-old faces a huge job at the club where he was an assistant under Maurizio Sarri and during Luciano Spalletti’s trophy-less first season with the club. The 55-year-old Calzona will reportedly keep his job with Slovakia while also trying to drag Napoli back up the table after the disappointing end to Mazzarri’s brief second spell in charge of southern Italy’s biggest club. Mazzarri brought Napoli out from the doldrums between 2009 and 2013, winning the Italian Cup to claim the club’s first trophy in over two decades. He left in May 2013 after finishing second in Italy’s top flight with a thrilling team which boasted Ezequiel Lavezzi, Marek Hamsik and Edinson Cavani in attack. Now Napoli have entrusted a former assistant with salvaging something from this season, a choice which is unlikely to inspire fans who have watched their team crash and burn from the highest of heights. – AFP Bilbao dent Girona title bid GIRONA’S unlikely La Liga title bid suffered another dent in a 3-2 defeat by Athletic Bilbao yesterday, with Alex Berenguer striking twice for the Basque side. After leaders Real Madrid were held to a draw by Rayo Vallecano on Sunday, the Catalan minnows, second, hoped to cut the six-point gap but lost in a gripping clash at San Mames. Michel Sanchez’s side are now only two points ahead of champions Barcelona and seven in front of fifth-place Athletic, chasing a top four spot. Girona have failed to win any of their last three league matches. After Berenguer sent Athletic ahead, Viktor Tsygankov levelled for Girona. However, Berenguer and Inaki Williams quickly netted for the hosts and although Eric Garcia pulled one back, Girona could not find the equaliser. “We lacked a bit of determination in the final third… I think the second half was good,” said Girona coach Michel, who watched from a box as he was banned from the touchline. “We have to continue, we can’t ask the team to always win and we have to keep fighting to stay up there.” Athletic took the lead inside two minutes after Girona playmaker Aleix Garcia played a dangerous ball across the face of his own area. Berenguer intercepted and drilled home inside the near post, catching out Paulo Gazzaniga. Girona lacked their usual zip, still chastened from last weekend’s heavy 4-0 thrashing by Real Madrid. The Catalans pulled level at the start of the second half when Tsygankov turned home Ivan Martin’s cross. Girona did not keep parity for long with Berenguer netting his second following another Girona mistake. Miguel Gutierrez dallied on the ball and was robbed by Gorka Guruzeta, who crossed for Berenguer to finish. Girona’s defence was all at sea as Inaki Williams netted Athletic’s third. Eric Garcia headed home from Aleix Garcia’s cross to give Girona the chance to rescue a point. They almost did deep in stoppage time but Athletic defender Dani Vivian brilliantly headed John Solis’ shot off the line to safety. “The reality has always been that our objective was to reach the Champions League, we’re still there,” Eric Garcia told DAZN. “We have to continue, we can’t fool ourselves -- we’ve come from a tricky run of games.” – AFP Athletic Bilbao’s Yuri Berchiche (left) fights for the ball with Girona’s Viktor Tsygankov during their La Liga match. – AFPPIX
SPORTS SPORTS WEDNESDAY | FEB 21, 2024 31 NATIONAL badminton singles player Ng Tze Yong will only be sent to participate in tournaments in the World Badminton Federation (BWF) calendar after fully recovering from the recent recurrence of his back injury, which has plagued him recently. National singles coach Datuk Tey Seu Bock stated that he is reluctant to rush decisions by sending Tze Yong to tournaments, instead opting to strategise with the coaching staff to improve the ranking of the world’s 15th-ranked player to make him eligible for the 2024 Paris Olympics. However, Seu Bock said that a full report on Tze Yong’s condition would only be available next week due to their busy schedule in the justconcluded 2024 Badminton Asian Team Championships (BATC). “When there’s an injury, our focus is on recovery first. After the player fully recovers and gets the doctor’s approval to play, only then will we send to tournaments. “For Olympic qualification, we need to consider the points, where the athlete can collect points, and that’s important. We need to calculate those points carefully,” he told reporters at the Setia City Convention Centre on Sunday. Tze Yong, who withdrew from the quarterfinals against Singapore’s Jason Teh last Friday), lasted only about three minutes before being forced to withdraw, after suffering another back injury similar to the one he endured during last month’s Malaysia Open. Regarding the performance of national singles player Leong Jun Hao in the BATC final, Seu Bock hopes the 24-year-old can display equally impressive performance in future individual tournaments. “Jun Hao’s performance in this tournament has been impressive. Previously, we didn’t focus much on him, but with the absence of Tze Yong and Lee Zii Jia, he rose to the occasion and performed well. “It’s good for him because previously people thought he was inconsistent, but I hope his performance isn’t limited to team events and continues in individual tournaments,” he said. Meanwhile, national men’s team manager Tan Bin Shen said that national men’s doubles player Soh Wooi Yik has played his role as team captain well in the 2024 BATC. Bin Shen also said that the 2022 world champion with his partner, Aaron Chia, always strive their best to ensure they can contribute valuable points for the team when facing opponents on the court. “I think Wooi Yik took responsibility (as captain) to ensure that all games ran smoothly and all players performed well. They (AaronWooi Yik) need to deliver the points. So, I think this is a good process to give them that feeling of responsibility,” he said. – Bernama All jackpot amounts stated above are for this Draw. Subject to T&Cs of the Scheme. Please visit to www.magnum4d.my for more info. THE BIGGER PLAY IS TO PLAY RESPONSIBLY 999/24 20/02/2024 8680 4800 5953 4875 6864 7160 1570 0293 5746 4379 8200 9479 5887 9994 0917 8843 3582 0212 5290 7981 6082 9209 8284 RM5,789,948.63 RM283,710.92 8680 + 4800 4800 + 8680 5953 + 8680 8680 + 5953 4800 + 5953 5953 + 4800 2 5 9 15 22 28 30 31 23 27 RM5,514,152.22 RM100,000.00 8 0 0 0 5 3 8 0 0 0 5 0 0 0 5 3 8 0 0 0 0 0 5 3 8 0 0 0 5 3 8 0 5 3 0 0 1 6 No rush back Tze Yong will only join tournaments after fully recovering, says coach Ex-All Blacks star keen to collaborate with Malaysia Rugby FORMER All Blacks star Sonny Bill Williams has expressed interest in forging a partnership with Malaysia Rugby (MR) in the future. While not specifying his intended role with MR, Williams believes there is considerable talent waiting to be tapped into when he shared his expertise with 60 young players from the National Rugby Development Programme (NRDP) during a “Rugby Clinic With The Offload King” in Kuala Lumpur. “Yes, for sure (collaboration with MR). InsyaAllah. I’d love to come back and be part of Malaysian rugby,” he told reporters after the nearly hour-long session at the National Sports Council Mini Stadium in Bukit Jalil yesterday. Even though rugby is not a primary sport in Malaysia, the 38-year-old, however, was surprised to witness the strong passion for the game especially among those involved in NRDP. When asked about the necessary steps to enhance the standard of Malaysian rugby, the professional boxer emphasised the need for increased funding for talent development. “I think if we can embrace rugby, understand people’s love of the game here, and recognise the talent available, we can dream big,” he said. Williams, a two-time World Cup winner with New Zealand in 2011 and 2015, arrived in Malaysia last Friday to speak at an Islamic educational event over the weekend. Meanwhile, a participant from Sekolah Sultan Alam Shah, Putrajaya, Nik Muhammad Iman Nik Ahmad Kiflee, 16, expressed excitement at meeting his idol and receiving valuable tips, especially on making precise passes. – Bernama NATIONAL high jump coach Lee Hup Wei needs five years to put Malaysia back as a powerhouse in the men’s high jump event at the SEA Games. The former national athlete said that he is actively unearthing new talent, including working with the Bukit Jalil Sports School (BJSS), to raise Malaysia’s reputation in the event in future tournaments. “We need time; it’s hard to predict but we hope to be able to do it within five years. I will also try my best (to produce quality athletes) since Malaysia will host the 2027 SEA Games. “Apart from training 10 athletes from BJSS, I will also do scouting at the 2024 Malaysia Games (Sukma) in Sarawak, this August, as well as the MSSM (Malaysian School Sports Council) tournament,” he said. The former SEA Games champion, who bagged gold in Korat 2007; Vientiane 2009 (gold), Jakarta-Palembang 2011 (gold) and Manila 2019 (gold) – also hopes to produce competent athletes from Sukma 2024 in Sarawak, this August, to be absorbed into the 2025 SEA Games squad in Thailand. Malaysia’s dominance in the men’s high jump event at the SEA Games, since 2005, ended when Nauraj Singh Randhawa, the three-time champion in Naypyidaw 2013 (Myanmar), Singapore 2015 and KL 2017, only won a silver medal at the 2021 SEA Games in Hanoi. – Bernama Five years for M’sia high jump to reach new heights ENGLISH PREMIER LEAGUE: Everton 1 (Onana 84) Crystal Palace 1 (Ayew 66). P W D L F A Pts Liverpool 25 17 6 2 59 24 57 Arsenal 25 17 4 4 58 22 55 Man City 24 16 5 3 57 26 53 Aston Villa 25 15 4 6 52 33 49 Tottenham 25 14 5 6 52 38 47 Man Utd 25 14 2 9 35 34 44 Brighton 25 10 8 7 48 40 38 Newcastle 25 11 4 10 53 41 37 West Ham 25 10 6 9 36 44 36 Chelsea 25 10 5 10 42 41 35 Wolves 25 10 5 10 39 40 35 Fulham 25 8 5 12 34 41 29 Bournemouth 24 7 7 10 33 46 28 Brentford 24 7 4 13 35 43 25 Crystal Palace 25 6 7 12 28 44 25 Nottm Forest 25 6 6 13 32 44 24 Everton 25 8 6 11 27 33 20 Luton 24 5 5 14 34 47 20 Burnley 25 3 4 18 25 55 13 Sheff Utd 25 3 4 18 22 65 13 LA LIGA: Athletic Bilbao 3 (Berenguer 2, 56, Inaki Williams 60) Girona 2 (Tsygankov 49, Aleix Garcia 75). TOP 6 P W D L F A Pts Real Madrid 25 19 5 1 53 16 62 Girona 25 17 5 3 54 32 56 Barcelona 25 16 6 3 52 34 54 Atletico 25 16 3 6 50 26 51 Bilbao 25 14 7 4 45 23 49 Sociedad 25 10 10 5 34 23 40 RESULTS & STANDINGS ‘King of the Ring’ title up for grabs A TOTAL of 28 Muay Thai athletes from within and outside the country are set to take on the challenge for the 73rd edition of the JWP-DBKL Kuda Merah Muay Thai Challenge 2024, which will be held this weekend at Kuala Lumpur’s Titiwangsa Stadium, KL Kuda Merah Muay Thai Club president, Rosli Yaacob (below) said that out of this number, two are from Thailand and one from Afghanistan, all poised to vie for the 10 championship belts up for grabs in the tournament. Rosli noted that besides serving as a platform to discover new talent for the local Muay Thai scene, the tournament also aligns with their efforts to promote the 50th Federal Territories Day 2024 event calendar. He added that the tournament will feature the No. 1 champion of the Royal Malaysia Police (PDRM) team, Mohd Rafi Abdul M a n a f , a f f e c t i o n a t e l y known as Mat Ropi, who has a winning record of over 100 bouts. Those interested in purchasing tickets can contact 012-7864930 (WhatsApp) for further information. – Bernama Former All Black Sonny Bill Williams (centre) teaching students at a Rugby Clinic in Bukit Jalil yesterday. – BERNAMAPIX
theSun is published and printed by Sun Media Corporation Sdn Bhd (221220-K) of Lot 6, Jalan 51/217, 46050 Petaling Jaya, Selangor. Tel: 03-7784 6688 • Tel (Editorial): 03-7784 6688 Fax: 03-7785 2625 Email: [email protected] • Tel (Advertising): 03-7784 8888 Email: [email protected] ANDRE ONANA called for his Manchester United team-mates to s t i c k together in the bad moments as well as the good after they e x t e n d e d t h e i r w i n n i n g Premier League run to four games against Luton on Monday. Two early goals from striker Rasmus Hojlund set United on the way to a 2-1 victory at Kenilworth Road, though they were made to sweat on the result after Carlton Morris pulled one back for the Hatters after 14 minutes. Hojlund became the youngest player to score in six consecutive Premier League games, with the 21- year-old’s barren spell that followed his £72 million (RM417m) move from Atalanta seemingly now behind him. United are within five points of fourth-place Aston Villa in the race to qualify for the Champions League. They are unbeaten since going down 2-1 to Nottingham Forest on Dec 30 and have progressed to the fifth round of the FA Cup, where they face a rematch with Forest at the City Ground next week. Goalkeeper Onana, who like Hojlund has found form after being criticised for high-profile errors following his arrival at Old Trafford from Inter Milan in the summer, said togetherness will be key if the team are to maintain their good run until the end of the season. “You know we have to be together in good and bad moments,” said Onana. “We have to help each other even when things are not going good. “What we are doing now is very nice and it’s the way we have to follow. We have to continue like this because we have done nothing. “We didn’t do anything spectacular. Yet now we have to continue winning games, and that is the main thing. “We have to try to win against every opponent and especially the next game is another final for us.” United were made to work for three points by 17th-place Luton, who refused to lie down after falling two goals behind inside the opening seven minutes and quickly halved the arrears. Rob Edwards’ side almost pulled off a famous fightback when Ross Barkley’s header hit the crossbar in stoppage time at the end of the game. But Erik ten Hag’s team hung on to consolidate their place in sixth and keep the pressure on Villa and Tottenham. United will host 12th-placed Fulham in their next Premier League match-up on Saturday (11pm Malaysian time), before a pivotal Manchester derby against rivals City at the Etihad. The Red Devils last dropped points in their 2-2 home draw against topfour rivals Tottenham in mid-January but have made up five points on the London club since. Fifth-placed Spurs will face Crystal Palace at the Tottenham Hotspur Stadium in their next outing but will have fallen a game behind United, having had their away tie with Chelsea postponed due to the Blues’ participation in the Carabao Cup final. Onana’s side could, therefore, be level on points with Spurs within a week, albeit with a goal-difference disadvantage. Fellow contenders fourthplaced Aston Villa are also only five points ahead of United and are yet to play Arsenal, Manchester City and Liverpool during the second half of the season. Onana admitted their victory against Luton was key in the race for a Champions League place. “(Luton) are tough when they play at home and we expected a difficult game,” said Onana. “But like I always say, the quality is there. I’m happy for the victories and hopefully we continue this way this season. “This is giving us more confidence. We are all happy, you know, when we win, especially this kind of game. “These three points are very important for us to fight to be in the top four. But like I said, it’s always going to keep us together. This is just a strong motivation for us and makes us very happy.” – The I n d e p e n d e n t / Express Newspapers SCAN ME or download app from the App Store or Google PlayTM . www.thesun.my Free access to iPaper PDF Download SCAN ME Malaysian Paper Read iPaper at Malaysian Paper Malaysian Paper -Story on page 29 -Story on page 2 Keeping the faith Onana says Devils have to be United in good and bad times -Story on page 28 Pacquiao’s acquiao’s trainer breaks silence on boxing n boxing return No rush back Gung-ho Gunners WEDNESDAY FEB 21, 2024 Story on page 31