Dott. Giulio Perrotta
Dott. Giulio Perrotta

 

     " dal 2 Maggio 2012 "

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theSundaily.my Most Recent/Updated

Toddler among four killed in morning blaze (Wed, 13 Dec 2017)
KUALA LANGAT: A fire which engulfed a house in Tanjung Sepat, here, tragically killed four people including two senior citizens and a three-year-old toddler this morning. The Fire and Rescue Department from the Sepang and KLIA fire stations deployed two fire engines, an ambulance and 15 firemen to the house upon receiving the call at 6.08am. Selangor Fire and Rescue Department assistant director (operations) Mohd Sani Harul said all victims were found between 6.43am and 6.58am after the fire totally destroyed the house. He said the first victim, a woman, was identified as Lim Mai Shak, 68 while the second victim, a man, was identified as Chia Tee Nang, 73. The third victim was a three-year-old toddler identified as Chia Yuan Bin. While the fourth victim, a nine-year-old boy, is currently in the process of identification from the authorities.
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KPDNKK lists 16 items under Festive Season Price Control Scheme (Wed, 13 Dec 2017)
PUTRAJAYA: The Domestic Trade, Cooperatives and Consumerism Ministry has listed 16 items under the Festive Season Price Control Scheme for the upcoming Christmas celebration. Its minister Datuk Seri Hamzah Zainudin (pix) said the price control scheme would be enforced for five days from Dec 23 to 27. "Among the items listed are live chicken, standard chicken, super chicken, imported turkey, old live chicken, chicken eggs grade A, B and C, local boned mutton and imported boned mutton. "Other items that are in the list are tomatoes, green capsicums, live pig, pork belly and pork meat and fat," Hamzah said during a press conference today. Hamzah urged traders not to sell the listed items above the maximum prices set and they are required to use pink price tags for the price controlled items to allow consumers to differentiate between the price controlled items and other items. "The scheme is implemented under the Price Control and Anti-Profiteering Act 2011. Traders who fail to adhere to the regulations under the scheme can have strict action taken against them," he said. Those who failed to put the pink price tags for price controlled items could be fined up to RM10,000 or compound up to RM5,000 while a company can face a fine of RM20,000 or compound up to RM10,000. "For traders who are caught selling the controlled items above the maximum prices set can be fine up to RM100,000 or imprisonment of not more than three years or both or compound up to RM50,000. "Companies who sell the controlled items above the maximum prices set can be fined up to RM500,000 or compound up to RM250,000," he said. Hamzah stressed that the ministry's enforcement team would constantly conduct checks and monitoring to ensure no traders can take advantage during the festive season.
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Remains of old folks home fire victims taken to hospital (Wed, 13 Dec 2017)
KAJANG: The bodies of the five people killed in a freak nursing home fire in Sungai Long here this morning have arrived at the Kajang hospital. The mortuary has been cordoned off due to the growing number of media personnel at the hospital. Four of the five residents of the home who were killed in the fire were senior citizens. They were identified as Leow Chong Fatt, Teo Hoi Foo and Kwan Sak Seen, who were all in their 60s, whereas Lai Sew Yin was in her 70's. The other casualty was a Pakistani caretaker identified as Awis Muhammad, 25. Kajang police Chief ACP Ahmad Dzaffir Mohd Yusoff said there were four survivors, Lim Chin Fatt, in his 70s, who is currently receiving treatment, and is the only survivor who needed to be hospitalised. The home does not have a business licence and the necessary permit from the Welfare Department. The centre is also suspected to be operated by Pakistani nationals.
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Fire at old folks home in Kajang kills five (Wed, 13 Dec 2017)
KAJANG: Five people were killed in a fire that razed the Nobel Care home for the elderly in Sungai Long, Kajang early today morning. Selangor Fire and Rescue Department assistant director (operations) Mohd Sani Harul said that the department had responded to the fire early this morning. He said that of the five who had died, 4 were in their 60's and one was a warden in his 20's. Some have been rushed to the hospital for treatment.
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Arson suspected in fire that killed toddler and two senior citizens (Wed, 13 Dec 2017)
KUALA LANGAT: A fire which engulfed a house in Tanjung Sepat, here, tragically killing four people including two senior citizens and a three-year-old toddler, this morning, is possibly an act of arson and murder, said police. According to Selangor Criminal Investigation Department chief SAC Fadzil Ahmat said initial investigations by the Fire and Rescue Department revealed that there were elements of arson. "The Selangor Crime Scene Investigation (CSI) team have also discovered wounds on three of the victims believed to have been stabbed. The victims were believed to have been stabbed before their bodies were set on fire," he said in a statement, today. He added however the final cause of death could only be confirmed following results of the post-mortem. It is learnt that the remains of the four victims have been sent to Banting Hospital for post-mortem. This morning, the Fire and Rescue Department from the Sepang and KLIA fire stations deployed two fire engines, an ambulance and 15 firemen to the house upon receiving the call at 6.08am. Selangor Fire and Rescue Department assistant director (operations) Mohd Sani Harul said all victims were found between 6.43am and 6.58am after the fire totally destroyed the house. He said the first victim, a woman, was identified as Lim Mai Shak, 68 while the second victim, a man, was identified as Chia Tee Nang, 73. The third victim was a three-year-old toddler identified as Chia Yuan Bin. While the fourth victim, a nine-year-old boy, is currently in the process of identification from the authorities.
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Police quiz Zaid for over an hour (Wed, 13 Dec 2017)
KUALA LUMPUR: The police had summoned former de facto law minister Datuk Zaid Ibrahim to Bukit Aman today for questioning over a Twitter post last week regarding the Selangor Sultan. Zaid arrived in Bukit Aman at 9.30am and was questioned for about an hour. Zaid said he was satisfied with the police questioning as it had been carried out in a professional manner. "The police were professional and asked relevant questions. They only asked questions about the Tweet which I cautioned the Sultan about his statement he had made," he said. Last week, Zaid said the Selangor ruler should be careful with his words as no one would be left out if the country "burns" which was in direct response to the Selangor ruler's remark that Tun Dr Mahathir Mohamad's political agenda was motivated by "deep hatred" and that "his anger will burn the whole country". This caused an outrage among Umno members who had called for action to be taken against Zaid. "I explained to them (the police) that my Tweet was a response to the Selangor Sultan. I explained that the Tweet was of my own opinion and not that of any other groups, parties or the opposition," he said. Zaid said he explained to the police the importance of defending the country and its democracy. "I felt responsible for explaining the role of the Constitutional Monarchy, and how we have to defend the country and preserve democracy and to understand what needs to be done by everyone," he said outside Bukit Aman after his meeting with the police. He added that the police said they may need to call him back for further questioning. "They mentioned that if it's needed, they will call me up again, which is normal as the police can call you up any time," "I told them I'm not going on any leave, so I can come any time they need me to." Zaid was accompanied by legal counsel Amarjit Singh Sidhu and DAP leaders including Ronnie Liu and Segambut MP Lim Lip Eng.
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Bintulu Port accepts RM8m contract (Wed, 13 Dec 2017)
PETALING JAYA: Bintulu Port Holdings Bhd has accepted a RM8.17 million contract for the supply, delivery, installation, testing, commissioning and maintenance of financial system for the group. Bintulu Port has issued the letter of acceptance to Portrade International Sdn Bhd in Kuching, Sarawak for the contract, which was re-tendered. The contract consists a RM6.55 million supply, delivery, installation, testing and commissioning of financial system for the group and maintenance of the system for five years worth RM1.62 million. The duration of the contract for the financial system is 12 months. The rate of 0.0219% of the contract sum per day shall be imposed as liquidated and ascertained damages for non-performance of the works.
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Time to bring back ‘humility’ (Wed, 13 Dec 2017)
THE celebration of Prophet Muhammad's birthday last week drew on another highlight not seen previously. I was touched by the presence of the Yang di-Pertuan Agong to grace the occasion. More so by his humility, demonstrated by his simple outfit complete with a casual white haji headgear and standing bare-footed. Of course he has been seen many times dressed this way but not during the occasion of the prophet's birthday as far as I can recall. So what is the difference? At the mention of the prophet's name, the word "humility" is among the first to pop up in the mind. But during the celebration of his birthday, this is normally forgotten – not in a "negative" sense but unintentionally the reverse. We tend to equate birthdays as something that must be grand and often superfluous as a sign of respect if not reverence. To many, this comes naturally and the prophet's birthday is no different. What is more when it involved the Yang di-Pertuan Agong. To be "presentable" the male guests put on traditional costumes complete with the samping and songkok. The cost of the samping can range up to several hundred or even thousands of ringgit. That normally comes with the status as well. To ordinary mortals, it is no more than a pulikat sarong that doubles as a samping – more practical and sustainable but no-class as some would judge. On the night of the event the "class" element was rather apparently displayed by those on stage with the Yang di-Pertuan Agong. The rule of thumb is not to "outdo" the guest of honour but not to go "below" your status either. This was what we observed over the years. But this time the unthinkable happened: the Yang di-Pertuan Agong was somewhat "out-dressed" by almost everyone on the stage, even by the ordinary mortals. To use today's jargon – what a "disruption"! because it causes us (me) to reflect on what we have taken for granted all along. And how to do better next time. For the female guests, it is the "hijab" (used to be called "tudung") that apparently can cost a bomb. A guest claimed that her "hijab" cost close to a thousand ringgit. And this prompted another guest to say with an obvious sigh of relief (financially): That is why she did not put on a "hijab". She somehow forgot that the local tudung is still affordable as long as you avoid the "arabised" versions. So we have another "disruption" – a common piece of textile intended as a form of modesty and humility has suddenly become a branded item. Like the samping, it is now a status symbol raking millions of ringgit at a price of so-called "humility" and "modesty". We need to decouple them and bring the culturally simple and elegant tudung back. For the sake of argument, let us imagine the prophet was present that night. How would things be different? Going by documented accounts of how he lived, we can make an educated guess. Foremost, he deplored being announced as he walked in. Thus he evoked an aura "humility" – something that the Yang di-Pertuan Agong aspires to by dressing modestly relative to all the King's men that night. For it has been narrated several times that the prophet often patched up his own garments and sandals too so as to continue wearing them in public – unmistakenly a sign of utmost "humility". Class and status symbols are irrelevant if at all. So here is the "rupture". Often times, on joyous and celebratory occasions we unintentionally perhaps go overboard spending much time, effort and especially funds to bring out the "best" that money can buy (no pun intended) but somehow missing the point of being humble and modest as a statement of principles. Worse when it becomes so jarring that "values" of the occasion are lost or diminished in translation. In the eyes of the prophet "humility" is beyond external appearances and clothing or the tangibles to be predominantly displayed and impress. His was the attitude of the mind and embodiment of the soul such that status symbols and ranks are unnecessary "disruptive" elements. For example, he loved to visit the poor, the needy and the sick, even though he was regarded as their bitter enemy or rival. Yet all of the visits were performed without much fanfare or publicity. It underpins what "humility" is all about – unlike today where the poor and sick are paraded in full view of the media spotlight to "receive" some tokens from VIPs who smile broadly at the camera rather than at the recipients. We think we are doing them a favour but it is dehumanising and the arrogance outshines the "humility" if there is any left. No one (including so-called "slow learners") wants to be humiliated in public and they should not be made to suffer for whatever reasons; especially when the reason is more for the "giver's" egoistic instinct latched on to the "recipients" in dubious ways. Of late, the tendency is to hype up such token "giving" events so much so that it created false expectations and helplessness, unconsciously leading to dependencies of all sorts. It goes against the grain of age-old wisdom: better to teach the people how to fish rather giving them bigger and bigger fish all the time, and doing so publicly for all to see. So this time, the Yang di-Pertuan Agong has done the nation an unprecedented favour beyond just pronouncements. He succinctly drives the point home in a practical and exemplary way aligned to what the prophet advocated, practised and taught. Humility. There can be no better time to be reminded by the head of the country of this invaluable principle. With some four decades of experience in education, the writer believes that "another world is possible". Comments: letters@thesundaily.com
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Democrat Jones wins US Senate seat in Alabama in blow to Trump (Wed, 13 Dec 2017)
BIRMINGHAM, Ala: Democrat Doug Jones won a bitter fight for a US Senate seat in deeply conservative Alabama on Tuesday, US media projected, dealing a political blow to President Donald Trump in a race marked by accusations of sexual misconduct against Republican candidate Roy Moore. The stunning upset by Jones makes him the first Democrat elected to the US Senate from Alabama in a quarter-century and will trim the Republicans' already narrow Senate majority to 51-49, endangering Trump's agenda and opening the door for Democrats to possibly retake the chamber in next year's congressional elections. The ugly campaign drew national attention and split the Republican Party over accusations from several women that Moore pursued them when they were teens and he was in his 30s. Trump endorsed Moore even as other party leaders in Washington walked away from him, but Jones, 63, a former federal prosecutor, portrayed the campaign as a referendum on decency and promised the state's voters he would not embarrass them in Washington. Moore, 70, a Christian conservative who was removed from the state Supreme Court in Alabama twice for ignoring federal law, denied the sexual allegations and said he did not know any of the women who made them. Reuters has not independently verified the allegations. Senate Republican leader Mitch McConnell had called on Moore to drop out of the race, and other Senate leaders had suggested he should eventually be expelled from the Senate if elected. Trump had recorded robo-calls to voters to bolster turnout for Moore, and held a campaign rally across the border in Florida last week. Trump's former senior adviser, Steve Bannon, appeared at two rallies with Moore down the stretch. "Roy Moore will always vote with us. VOTE ROY MOORE!" Trump said in a Twitter post in which he criticized Jones as a potential "puppet" of the Democratic congressional leadership. Network exit polls, however, showed Trump was not a factor in the decision for about half of Alabama voters. A further 29% said they voted to express support for Trump, and 20% said they voted to oppose him. In Gadsden, Alabama, Louis Loveman, 73, a retired librarian and self-described lifelong Republican, said he voted for Jones. "It's simple," he said. "I don't trust Roy Moore." "There are too many allegations floating out there for there not to be fire behind all that smoke. I never voted for a Democrat before, but I did today," Loveman said. — Reuters
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New island offers clues in search for life on Mars: Nasa (Wed, 13 Dec 2017)
WELLINGTON: The world's newest island – formed during a volcanic eruption in the remote Pacific four years ago – may offer clues to how life potentially developed on Mars, Nasa said Wednesday. The island of Hunga Tonga Hunga Ha'apai rose from the seabed about 65km northwest of the Tongan capital Nuku'alofa in late 2014-early 2015. Scientists initially expected the island – created when vast quantities of rock and dense ash spewed from the Earth's crust – to wash away within a few months. But Nasa said it had proved more resilient than expected, possibly because warm sea water combined with ash during the volcanic explosion to create a concrete-like substance known as "tuff". While the island – which initially measured one kilometre wide, two kilometres long and about 100m high – has undergone significant erosion, it is now expected to last anywhere from six to 30 years. Jim Garvin, the chief scientist at Nasa's Goddard Space Flight Center, said it was a rare chance to study the life cycle of a newly created island. He said Mars had many similar volcanic islands that appeared to have been surrounded by water when they were created. Garvin said such spots may be prime locations to look for evidence of past life because they combined a wet environment with heat from volcanic processes. Examining how life gained a foothold on the Tongan island could help scientists pinpoint where to look for evidence of life on Mars, he said. "Islands like this might have worked on Mars two or three billion years ago – lakes and small seas filling depressions, persistent surface waters," he said. "(It's) stuff we really strive to understand because it could have produced the conditions necessary for microbial life." Nasa's studies on the island were presented at a meeting of the American Geophysical Union in New Orleans this week. It comes after US President Donald Trump on Monday directed Nasa to send Americans to the Moon for the first time since 1972, in order to prepare for future trips to Mars. — Bernama
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Bintulu Port accepts RM8m contract (Wed, 13 Dec 2017)
PETALING JAYA: Bintulu Port Holdings Bhd has accepted a RM8.17 million contract for the supply, delivery, installation, testing, commissioning and maintenance of financial system for the group. Bintulu Port has issued the letter of acceptance to Portrade International Sdn Bhd in Kuching, Sarawak for the contract, which was re-tendered. The contract consists a RM6.55 million supply, delivery, installation, testing and commissioning of financial system for the group and maintenance of the system for five years worth RM1.62 million. The duration of the contract for the financial system is 12 months. The rate of 0.0219% of the contract sum per day shall be imposed as liquidated and ascertained damages for non-performance of the works.
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Aireen Omar, Bo Lingam appointed as AirAsia deputy group CEOs (Wed, 13 Dec 2017)
SEPANG: AirAsia Bhd today announced the appointment of Aireen Omar and Bo Lingam as the deputy group CEOs. Aireen will be reponsible for digital transformation and corporate services, while Bo Lingam will oversee the airline business. Riad Asmat will take on the role of AirAsia Malaysia CEO to succeed Aireen.  Meanwhile, Captain Adrian Jenkins has been appointed as AirAsia COO.
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Natural rubber output up 28.5% in October 2017 (Wed, 13 Dec 2017)
PETALING JAYA: Malaysia's natural rubber (NR) production rose 28.5% to 67,403 tonnes in October 2017 from 52,472 tonnes in September, according to the Department of Statistics. In a statement today, the department said the smallholding sector was the main contributor to the NR production, accounting for 90%. Year-on-year comparisons also showed an increase of 8.3% compared to October 2016, it said. It said the average monthly price of latex concentrate and Standard Malaysian Rubber 20 in October 2017 were 489.36 sen per kilogramme (kg) and 601.21 sen per kg, decreased by 11.4% and 9.0% respectively from September 2017. Malaysia's NR exports grew 4.5% to 47,162 tonnes in October compared with September. The five main destinations of the NR exports were China, Germany, US, Iran and Republic of Korea. Domestic consumption of NR increased by 2,092 tonnes or 5.2% within the same period, while the rubber gloves industry remained the main NR domestic consumer at 72.9%. The department said the level of NR stocks at-October increased by 6.5% or 12,564 tonnes to 206,593 tonnes compared with the previous month.
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Rhone Ma shares up despite possible profit shortfall next year (Wed, 13 Dec 2017)
PETALING JAYA: Rhone Ma Holdings Bhd share price’s rose 7.1% this morning despite having warned of a potential shortfall in its revenue and profit next year. As at 11.25am, Rhone Ma's share price stood at 83 sen with 664,200 shares changing hands. Rhone Ma warned that a major supplier Merial amended an initial distribution agreement signed between its unit and Merial to exclude swine, poultry, ruminant and veterinary public health products. Rhone Ma said the excluded products contributed about 31.54% and 47.7% of the total revenue and profit before taxation (excluding the one-off charge of listing expenses which amounted to RM4.14 million) of the group for the financial year ended Dec 31, 2016. Rhone Ma Malaysia Sdn Bhd (RMM) is the distributor of Merial products comprising products for swine, poultry, ruminant and companion animals as well as veterinary public health products. The amended distribution agreement will see RMM only distributing Merial companion animal products.
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NetX Holdings emerges as most active counter (Wed, 13 Dec 2017)
PETALING JAYA: NetX Holdings Bhd emerged as the most actively traded counter at mid-morning today, with 102.47 million shares changing hands despite no major announcements made in the recent weeks. At 11.13am, the stock stayed flat at 4.5 sen, bringing its market capitalisation to RM72.15 million. The most recent announcement was on Dec 5 on its 60%-owned subsidiary, PayAllZ Sdn Bhd (PSB), signing of a deal with PayAllZ International Ltd (PIL) to provide technological and software support for PIL's supply of an e-money payment platform to a Cambodian bank. NetX said PSB and Hong Kong-based PIL signed a six-year agreement which can be renewed every five years. PSB provides an e-wallet platform and service under the name of 'AllZ Wallet' for merchants to accept multiple payment channels.
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KL shares open lower in early trade (Wed, 13 Dec 2017)
KUALA LUMPUR: Share prices on Bursa Malaysia edged lower this morning on selective trading as traders remained on the sidelines, awaiting fresh leads, dealers said. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.18 of-a-point easier at 1,729.39 after opening 0.73 of-a-point lower at 1,728.84. The index closed at 1,729.57 on Tuesday. On the broader market, market breadth was positive with gainers outpacing decliners 188 to 86 while 193 counters were unchanged, 1,400 untraded and 40 others were suspended. Turnover at early trade stood at 256.77 million shares worth RM90.92 million. AllianceDBS Research said judging from yesterday's market performance, buying power was stronger than selling pressure. "As such, the FBMKLCI would likely trade above the 1,729.57 points level today," it said in a note. On the scoreboard, the FBM Emas Index rose 1.33 points to 12,426.78, the FBMT100 Index trimmed 0.31 of-a-point to 12,092.65 while the FBM Emas Syariah Index gained 2.46 points to 12,856.05. The FBM 70 added 2.93 points to 15,258.31 while the FBM Ace appreciated 28.73 points to 6,382.88. On a sectorial basis, the Finance Index lost 19.82 points to 16,163.18, the Industrial Index bagged 7.53 points to 3,149.30 and the Plantation Index climbed 0.18 of-a-point to 7,843.75. Among heavyweights, Maybank and Public Bank were both flat at RM9.25 and RM20.20, respectively, Tenaga was down two sen at RM15.46, CIMB Group retraced four sen to RM6.14 while Petronas Chemicals advanced five sen to RM7.47. Actively traded stocks this morning included PUC, Diversified Gateway and SMTrack which were flat at 26.5 sen, 9 sen and 22 sen, respectively, DNEX went up half-a-sen to 46 sen and Key Asic gained 1.5 sen to 22 sen. The physical price of gold as at 9.30am stood at RM157.59 per gramme, down four sen from RM157.63 at 5pm yesterday. — Bernama
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Ringgit unchanged versus greenback (Wed, 13 Dec 2017)
KUALA LUMPUR: The ringgit was unchanged against the US dollar in the absence of fresh direction and on subdued demand for the local note amid the firmer greenback, dealers said. At 9am, the local unit was pegged at yesterday's close of 4.0770/0800. However, a dealer said an imminent hike in interest rates both at home and the United States, which pushed the dollar to a one-month high last night, could fuel risk appetite today. Rising crude oil prices, which was currently trading above US$65 per barrel, the highest since mid-2015, would also help spur demand for the ringgit today. Meanwhile, the ringgit was traded higher against a basket of major currencies. It rose against the Singapore dollar to 3.0146/0178 from 3.0171/0207 on Tuesday and advanced against the yen to 3.5927/5960 from 3.5933/5963 yesterday. The local note also strengthened against the British pound to 5.4297/4350 from Tuesday's 5.4391/4456 and appreciated against the euro to 4.7880/7928 from 4.8035/8083 yesterday. — Bernama
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BSN appoints new CEO (Mon, 11 Dec 2017)
PETALING JAYA: Bank Simpanan Nasional (BSN) today announced that it has appointed Datuk Yunos Abd Ghani as its new CEO for a tenure period of three years effective Dec 1, 2017 until Nov 30, 2020. In a statement today, BSN said Yunos has 30 years of experience in the banking industry. During that period, the bank said he has served in various aspects of banking operations including international and Islamic banking. Yunos received his Bachelor of Business Administration from Eastern Michigan University, the US, in 1985 and is a member of the Asian Institute of Chartered Bankers. Prior to his appointment as CEO, he was the bank's deputy CEO for business support. "Based on his extensive experience in the banking sector and further assisted by the existing senior management, the board is confident and believes that he is able to lead BSN, and thus streamline the organisational structure to enhance the business strategy so that generation of sustainable income is achieved," BSN chairman Tan Sri Abu Bakar Abdullah said.
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ABM says banking system exposure in O&G minimal (Tue, 12 Dec 2017)
PETALING JAYA: The Association of Banks in Malaysia (ABM) said the oil and gas (O&G) industry’s risks to the banking system remained limited as it only accounted for about 6.5% of total exposure. The association said in a statement today that the delinquent loans ratio for the O&G sector stood at 0.1% while impaired loans ratio increased to 5% in the third quarter of 2017, due mainly to cash flow issues observed in service providers in certain upstream segments. “Corresponding figures for the second quarter of 2017 were 0.2% and 4.5%.” The association was responding to an article in a business weekly entitled “ Oil and Gas Conundrum” published over the weekend, which highlighted financing issues faced by oil and gas corporations here. Nonetheless, ABM said its members have remained supportive and will continue to provide access to financing for viable businesses including O&G sector. “All O&G cases have been given due consideration by the banks. Credit evaluation is conducted on O&G companies similar to loan applications by any other industries.” ABM highlighted that feasibility studies such as stress test analyses, due diligence and credit evaluation are conducted as part of the standard assessment procedure to determine the eligibility and viability. “Common reasons for loan rejection beyond ineligibility include incomplete loan documentation and inadequate supplementary information required to support banks’ assessment of cash flows and financial buffers of companies.” ABM said the banking industry together with Bank Negara Malaysia have been engaging with the Malaysian Petroleum Resources Corporation to better understand developments in the O&G sector and also to disseminate information on avenues for assistance available for financially distressed companies. “Viable corporate borrowers with multiple financial creditors can approach the Corporate Debt Restructuring Committee for assistance to work out feasible and market-driven debt resolutions through mediation.” The association added that viable small and medium enterprises (SMEs) which are facing financial difficulties, can seek assistance from the Small Debt Resolution Scheme. “Assistance offered include restructuring or rescheduling of financing facilities and provision of financing (where appropriate) to stabilise business cashflow whilst SMEs implement business turnaround plan.” ABM comprises of 27 commercial banks in Malaysia.
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Rhone Ma warns of possible profit shortfall for next year (Tue, 12 Dec 2017)
PETALING JAYA: Rhone Ma Holdings Bhd warned of a potential shortfall in revenue and profit next year, after a major supplier Merial amended an initial distribution agreement signed between its unit and Merial to exclude swine, poultry, ruminant and veterinary public health products. The group’s share price was down 9.5 sen to close at a low of 77.5 sen since listing, with some 1.88 million shares changing hands on the news. The group listed its shares at 75 sen a piece just shy of one year ago. Rhone Ma Malaysia Sdn Bhd (RMM) is the distributor of Merial products comprising products for swine, poultry, ruminant and companion animals as well as veterinary public health products. The amended distribution agreement will see RMM only distributing Merial companion animal products. Rhone Ma said the excluded products contributed about 31.54% and 47.7% of the total revenue and profit before taxation (excluding the one-off charge of listing expenses which amounted to RM4.14 million) of the group for the financial year ended Dec 31, 2016. The group made a net profit of RM9.17 million against RM119.20 million revenue for the financial year 2016. The board however said that the negative financial impact would be mitigated by exploring options with other major international suppliers of animal health products for the distribution of their products for poultry, swine and ruminants; increasing efforts to market and sell other products particularly the in-house manufactured products and expanding market share in regional markets which have growth potential. The group also anticipates that upon the completion and operation of its new warehouse and GMP-compliant plant, it will be able to increase the volume of production and sales of its own animal health products. Rhone Ma made a net profit of RM10.34 million for the nine-month period ended Sept 30, 2017, against RM101.29 million revenue.
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theSundaily.my Highlights

KPDNKK lists 16 items under Festive Season Price Control Scheme (Wed, 13 Dec 2017)
PUTRAJAYA: The Domestic Trade, Cooperatives and Consumerism Ministry has listed 16 items under the Festive Season Price Control Scheme for the upcoming Christmas celebration. Its minister Datuk Seri Hamzah Zainudin (pix) said the price control scheme would be enforced for five days from Dec 23 to 27. "Among the items listed are live chicken, standard chicken, super chicken, imported turkey, old live chicken, chicken eggs grade A, B and C, local boned mutton and imported boned mutton. "Other items that are in the list are tomatoes, green capsicums, live pig, pork belly and pork meat and fat," Hamzah said during a press conference today. Hamzah urged traders not to sell the listed items above the maximum prices set and they are required to use pink price tags for the price controlled items to allow consumers to differentiate between the price controlled items and other items. "The scheme is implemented under the Price Control and Anti-Profiteering Act 2011. Traders who fail to adhere to the regulations under the scheme can have strict action taken against them," he said. Those who failed to put the pink price tags for price controlled items could be fined up to RM10,000 or compound up to RM5,000 while a company can face a fine of RM20,000 or compound up to RM10,000. "For traders who are caught selling the controlled items above the maximum prices set can be fine up to RM100,000 or imprisonment of not more than three years or both or compound up to RM50,000. "Companies who sell the controlled items above the maximum prices set can be fined up to RM500,000 or compound up to RM250,000," he said. Hamzah stressed that the ministry's enforcement team would constantly conduct checks and monitoring to ensure no traders can take advantage during the festive season.
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Remains of old folks home fire victims taken to hospital (Wed, 13 Dec 2017)
KAJANG: The bodies of the five people killed in a freak nursing home fire in Sungai Long here this morning have arrived at the Kajang hospital. The mortuary has been cordoned off due to the growing number of media personnel at the hospital. Four of the five residents of the home who were killed in the fire were senior citizens. They were identified as Leow Chong Fatt, Teo Hoi Foo and Kwan Sak Seen, who were all in their 60s, whereas Lai Sew Yin was in her 70's. The other casualty was a Pakistani caretaker identified as Awis Muhammad, 25. Kajang police Chief ACP Ahmad Dzaffir Mohd Yusoff said there were four survivors, Lim Chin Fatt, in his 70s, who is currently receiving treatment, and is the only survivor who needed to be hospitalised. The home does not have a business licence and the necessary permit from the Welfare Department. The centre is also suspected to be operated by Pakistani nationals.
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Police quiz Zaid for over an hour (Wed, 13 Dec 2017)
KUALA LUMPUR: The police had summoned former de facto law minister Datuk Zaid Ibrahim to Bukit Aman today for questioning over a Twitter post last week regarding the Selangor Sultan. Zaid arrived in Bukit Aman at 9.30am and was questioned for about an hour. Zaid said he was satisfied with the police questioning as it had been carried out in a professional manner. "The police were professional and asked relevant questions. They only asked questions about the Tweet which I cautioned the Sultan about his statement he had made," he said. Last week, Zaid said the Selangor ruler should be careful with his words as no one would be left out if the country "burns" which was in direct response to the Selangor ruler's remark that Tun Dr Mahathir Mohamad's political agenda was motivated by "deep hatred" and that "his anger will burn the whole country". This caused an outrage among Umno members who had called for action to be taken against Zaid. "I explained to them (the police) that my Tweet was a response to the Selangor Sultan. I explained that the Tweet was of my own opinion and not that of any other groups, parties or the opposition," he said. Zaid said he explained to the police the importance of defending the country and its democracy. "I felt responsible for explaining the role of the Constitutional Monarchy, and how we have to defend the country and preserve democracy and to understand what needs to be done by everyone," he said outside Bukit Aman after his meeting with the police. He added that the police said they may need to call him back for further questioning. "They mentioned that if it's needed, they will call me up again, which is normal as the police can call you up any time," "I told them I'm not going on any leave, so I can come any time they need me to." Zaid was accompanied by legal counsel Amarjit Singh Sidhu and DAP leaders including Ronnie Liu and Segambut MP Lim Lip Eng.
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Motorcyclist killed in hit-and-run in Lahad Datu (Wed, 13 Dec 2017)
LAHAD DATU: A man died after the motorcycle he was riding was involved in a hit-and-run accident at Km2, Jalan Lahad Datu-Sandakan yesterday. Lahad Datu police chief ACP Hamzah Ahmad said in the incident at about 11.30pm, the victim, Lauritz Lyle Parinias, 26, was on his way from Sandakan to Lahad Datu. "Initial investigations found the accident was believed to have taken place when the motorcyclist lost control of his vehicle and skidded and was ran over by another vehicle from behind. "The victim who was seriously injured on the head died at the accident scene," he said in a statement here today. He said the remains of the victim were sent to Lahad Datu Hospital and the case was investigated under Section 41 (1) of the Road Transport Act 1987. — Bernama
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12 gifts ideas this Christmas that you can get on Shopee (Mon, 11 Dec 2017)
THIS joyous time of the year is one of the best times to shop for things, especially Christmas gifts. It's also the time for most of us to clear off our annual leave so we can chillax with family and friends; and perhaps go for a vacation. Before going away, have you sorted out your Christmas shopping? From Dec 12 to 14, Shopee, the leading eCommerce platform in Southeast Asia and Taiwan is running its birthday sale with up to 99% discount across the platform. So, what are you waiting for? Here are 12 gift ideas for your loved ones. 1. Super Dad Let's face the fact, buying for your dad is the easiest! Dads are the most accepting people in the world. Perfume, watches, shoes, golf gloves, whatever! Why not surprise your dad with something that will bring his childhood memories back? There are plenty of things under the Games, Books & Hobbies category. In fact, you might even work on your special project together on Christmas morning over eggnoc and ginger bread cookies. 2. Mighty Mom Yes, she can be a little tricky to please but a mom is still a mom. She loves something useful in the kitchen or the living room. In fact, she is probably, secretly hoping that you'd buy her one of those fancy kitchen storage sets that she can show off to the guests during a mini hi-tea at home. If you have extra cash at hand, why not invest a little bit more on matching glasses. Instead of 6, get her 12 pieces. Shopee's Home & Living category should cover this! 3. Oh, Brother! As annoying as any brother can be, blood is thicker than water. So, just stick to the 'Boys and their toys' rule and you'll find something he'll love. Check out under the Mobile & Gadgets category for the latest mobile survival kit addition. Mini speakers and headphones would be lovely! And under no circumstances, must you buy him a fidget spinner. He probably has more than 100 of them hidden under his bed! 4. Stylish Sister Your sister would love nothing more than another make-up palette in her almost-professional MUA cosmetics bag. Girls just love splashes of colour in their cosmetic collection, from the nudes to the bold and all the way to the shimmers and glitters. Not sure which colour she'd favour? Well, when in doubt, stick to brushes! No aspiring make-up artist or beauty YouTuber says no to a good set of beauty tools! 5. Auntie, Love Remember those days when your aunt had to babysit you while your parents were away working? Well, say thank you in capital letters and don't forget a small Christmas surprise to go with it. Your aunt is just another mother to us all, possibly cooler and nags less. A nice clutch bag would make her Dec 25 morning happier. Or perhaps a sling bag with matching passport holder for her next vacation. You can find so many options under the Women's Bags & Purses category. 6. Adventurous Uncle Admit it, we all have that one favourite uncle, who took us for a ride on the motorcycle around town, pretending he was a superhero. So, show this uncle that you still see him as a superhero. Get your uncle something from the Tickets & Vouchers category that he can redeem during his leisure time. 7. Doting Grandma Christmas is the time that we all would love a piece of grandma's cookies. Let's turn the tradition around. Why don't you make her cookies this year instead? Not a baking maestro? No worries, get an assortment of cookies from the Groceries category and pack them nicely as gifts. Nobody has to know you didn't bake it. A gift from the heart can come in many forms. 8. YB Datuk (Grandpa) Show him that your love is timeless. All the times he used to carry you around and show you off among his friends as the apple of his eyes and all the times he would put his newspaper down so you could have his undivided attention. What says 'timeless love' better than a good old timepiece? Under the Watches category, you'll find something of his favourite colour. In case you're worried if all 20 of his grandchildren bought him watches, then opt for a watch holder box so now he can show them off to his friends. 9. Cousin Johnny Your brother from another mother! Can be a pain in the ahem, behind but he's still your brother. Get him something equally 'canggih'. How about a wireless keyboard? That would make both work and play more efficient. 10. Cousin Jane If you have a bit more time, why not buy some of those loose gemstones and beads from the Accessories category and make your cousin her own charm bracelet. You can customise your selection to suit her personality. Something to remind her of her birthday, favourite colour, pet, lucky gemstone and voila, Cousin Jane will be happy to wear it anytime, anywhere. 11. Le Boyfriend If this is your first Christmas together, then it should be easy for you to find him something. It can be a little challenging to find something for a long-term boyfriend, considering the gifts that you have gotten him for his birthday, Valentine's, first month-versary, and all the small celebrations that shout 'Us'. Something from Sports & Outdoor would be perfect to start the new year. It's a gentle reminder that his 2017's resolution to lose 5kg has yet to materialise. 12. My Fair Girlfriend The trickiest of them all, we must admit this. Get her the wrong thing, you're likely to celebrate the new year's eve alone. So, check with her friends if your espionage skills are down the drain. She must've said something to them. Girls and their sisterhood. She probably expects something romantic. So surprise her with a trip to Honolulu, Hawaii that you can win by making minimum RM100 per transaction on Shopee through FPX online banking and the trip worth RM15,000 could be yours. On top of that, you can get an iPhone X worth RM5,500 to take better photos and selfies during the romantic getaway. Get all your Christmas gifts during the Shocking Sale from Dec 12 to 14, as it runs 5 times a day (at 12am, 8am, 12 noon, 4pm and 8pm) with more than 50 products featured during each cycle. All products are on lowest price while stock lasts. You can also bid for your favourite travel items like mobile and gadgets during the Online Auction which runs from Dec 12 to 14. Start your bid from RM12. Special Vouchers for theSun readers: Voucher 1 Voucher 2 For more information, visit www.shopee.com.my. Shopee app is FREE for download via App Store and Google Play. Download Shopee App: https://shp.ee/di7uxhd Visit Shopee: https://shp.ee/d95phu9
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Budget will lead way to Malaysia becoming a Top 20 nation: Najib (Wed, 01 Nov 2017)
ALOR STAR: The Budget which was tabled in Parliament was the catalyst to push Malaysia towards becoming part of the Top 20 ranked nations in the world, said Prime Minister Datuk Seri Najib Tun Razak. He said that the Budget, which covers the needs of 80% of Malaysians, will be the foundation in making the government's vision – to become a top notch country – a reality. And this can be done if the public has confidence in the government, he added. "This budget is the platform for us, the government has the ability to do it. We know how to govern the nation and this Budget will lead the way for us to become (part of the) Top 20 of the world," he said in a meet up session with the Kedah state civil servants at Stadium Sultan Abdul Halim here today. Najib said it was not easy to prepare a Budget that was inclusive, comprehensive, and one which favors almost everyone. But to ensure that the country moves forward, something had to be done. He said he has to make sure that the Budget presented by the government was based on what the authorities can deliver, and not just be something theatrical. According to Najib, what was proposed by the Opposition is unrealistic and as the Prime Minister, he has the responsibility to prepare a budget that was realistic with the best intentions for nation building. Earlier, Kedah Menteri Besar Datuk Seri Ahmad Bashah Hanipah called on civil servants here to stay united in helping to raise the public's confidence towards the government by executing their duty as responsible government servants. He said that the civil servants should work harder in realising the country's ambition to become a developed nation. He added that the state government will also announce a special monetary incentive to the state civil servants in line with what was tabled in the recent Budget. "I will announce it at our state (legislative) assembly sitting on Nov 12," he said.
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'Unrealistic' to compel private companies to use BM in official comms (Wed, 01 Nov 2017)
KUALA LUMPUR: It is unrealistic for the government to make it compulsory for the private sector to use Bahasa Malaysia in their official communications. Deputy Education minister Datuk Chong Sin Woon said although such regulations exist in the government sector, the same move cannot be implemented in the private sector. "There is no enforcement for private companies. In business, the usage of other languages must be allowed, especially for those dealing in businesses with foreign countries. "If we want to make a regulation for all official letters to be made in BM, it will be unrealistic. However, we have enforced for official letters among government agencies to be in BM," he told the Dewan Rakyat during the question and answer session. He was responding to a supplementary question from Siti Mariah Mahmud (Amanah – Kota Raja) on whether the government has any plans to make it compulsory for both the government and private sector to produce their official letters in BM. Chong said the burden to improve the usage of BM among Malaysians should not be placed on his ministry alone as it requires the cooperation of all parties. He also urged the private sector, non-governmental organisations and the public to play their role to ensure a comprehensive usage of the national language. He added the government was serious in its effort in upholding the status of BM, with various initiatives being undertaken with cooperation from other stakeholders.
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Rism lauds scheme to enable house buyers to pay less in early years (Sat, 28 Oct 2017)
KUALA LUMPUR: The step-up financing scheme, which is extended to private developers under Budget 2018, will enable more prospective house buyers who do not qualify for financing to pay less instalments in the early years of their purchase. Chair for the Property Management, Valuation and Estate Agency Surveying (PMVS) Division of the Royal Institution Of Surveyors Malaysia (RISM) Sr Choy Yue Kwong said as houses were becoming increasingly unaffordable, it was indeed good news to pay less when income was low and repayment could be gradually increased when income rose over the years. He said the stamp duty exemption would help the long-suffering original purchasers of abandoned projects and would also act as an incentive for the white knights to rescue abandoned schemes. However, Choy feels it was rather odd for the government to come up with a scheme of tax exemptions in the rental market by providing a mechanism to offset the rent earned by landlords although it was only 50% and up to RM2,000.00 against income tax, he said. "Probably the government's intention is to ensure the lower value property owners have the ability to use this incentive to maintain their properties. "However, it will be more appropriate if the government grants the tax exemption to the tenants who are the parties in need of assistance instead of rewarding the landlords," Choy said. On the proposed formulation of the Residential House Rental Act, he said that this was timely as this would add clarity to the landlord and tenant's rights, as well as protect both parties, but this should not just cover the residential sector but also the commercial sector. He noted that the government has allocated a budget of about RM37.34 billion for logistical infrastructure compared with RM8.48 billion to the property sector. This shows the government's commitment to enhancing connectivity between major towns and cities within Malaysia to spur the local economies and manpower sector, he added. — Bernama
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Irma's deadly passage batters Caribbean, 12 dead (Fri, 08 Sep 2017)
CAP-HAÏTIEN, Haiti: Hurricane Irma on Thursday pounded more of the the Caribbean, shredding homes and weather records and leaving at least 12 people dead as it honed in on the United States, where up to a million people were told to flee. The evacuation of coastal areas of Florida and neighboring Georgia was the biggest seen in the US in a dozen years, as Brock Long, head of the US Federal Emergency Management Agency, warned: "It will be truly devastating. "The entire southeastern United States better wake up and pay attention." Barreling across the Caribbean, the rare Category Five Irma wielded monster winds and torrential rain, wreaking destruction on tiny islands like St Martin, where 60 percent of homes were wrecked, before slamming into the US Virgin Islands and Puerto Rico. In its westward rampage, Irma packed winds of up to 295km per hour, an intensity that it sustained for 33 hours – the longest of any storm since satellite monitoring began in the 1970s. The latest bulletin from the Miami-based National Hurricane Center included the first hurricane and storm surge warnings for south Florida and the Florida Keys, even as winds slowed slightly to 165 mph. The storm left devastation in its wake. The International Red Cross said 1.2 million people had already been hit by Irma, a number that could rise to 26 million. Tossed aside like matchsticks On many islands, roofs were ripped off buildings as if by a giant's hand, shipping containers were tossed aside like matchsticks and debris flung far and wide, and airports, sea ports and mobile phone networks were knocked out. At least two people were killed in Puerto Rico, a senior rescue official said. More than half of the territory's population of three million was without power, with rivers breaking their banks in the center and north of the island. Governor Ricardo Rossello activated the National Guard and opened storm shelters sufficient for up to 62,000 people. Authorities on the US Virgin Islands also reported four deaths. "We lost a significant and a good number of assets ... in terms of fire stations, police stations," Governor Kenneth Mapp said in a Facebook post, adding that the region's main health facility, the Schneider Regional Medical Center, lost its roof. Lisa Poser, a spokeswoman for Mapp, told AFP the territory's critically wounded were transported to Puerto Rico and warned there may be more casualties as authorities continue their search and rescue. St Martin, a pristine island resort divided between France and the Netherlands, also suffered the full fury of the storm. France said four had died and 50 were injured, two of them seriously. Sixty percent of homes were so damaged that they were uninhabitable. The Netherlands said the storm killed at least one person and injured several others on the Dutch part of St Martin. The Netherlands said it was racing to provide food and water for 40,000 people over the next five days, while France said more than 100,000 packages of combat rations were en route. Britain said it was sending two warships to help victims in the Caribbean, and earmarking US$41 million, (RM171 million) in aid. 'Everything is destroyed' Irma also laid waste to tiny Barbuda which suffered "absolute devastation," with up to 30 percent of properties demolished, Prime Minister Gaston Browne said. Rescue teams were scouring the island for survivors, an AFP correspondent said, as some 300 people without shelter were evacuated to Antigua. One person is known to have died on the island of 1,600 residents, apparently a child whose family was trying to get to safer ground. As of Thursday night the eye of the monster storm was located a few dozen miles northeast of Great Inagua island in the Bahamas. Poor Haitians were left to face Irma's fury alone as authorities showed little sign of preparing for what forecasters said could be a catastrophic event. Two people were injured when an uprooted coconut tree crashed onto their home near Cap-Haitien, authorities said, adding that the situation was dire in northeastern Ouanaminthe after the adjoining Massacre River overflowed, cutting off food supplies from the neighboring Dominican Republic. Cuba moved 10,000 foreign tourists from beach resorts in the exposed part of the island, and hiked its disaster alert level to maximum. Florida is expecting to face the brunt of the storm from Friday night, with forecasters warning of sea-level surges of up to 25 feet (almost eight meters) above normal tide levels. Tourists in the popular Key West islands were packing their bags on a mandatory evacuation order, with a similar order for residents due to follow. "We can't save you once the storm starts," Governor Rick Scott told a press conference. James Nickolos, a 69-year-old theology professor in Miami, said: "This morning I went to the beach as I do every morning, and it was very empty and beautiful but I had the feeling of watching a great beauty walking on a gang-plank to their death." Trump said he was "very concerned" about Irma, but added: "Florida is as well prepared as you can be for something like this, now it's just a question of what happens". Irma hit the Caribbean as two other storms, Jose in the Atlantic Ocean and Katia in the Gulf of Mexico, were upgraded to hurricane status. Katia, a Category One storm, is expected to hit the coast of the Mexican state of Veracruz before Friday. Jose, following in the path of Irma and located east of the Lesser Antilles late Thursday, strengthened to a Category Three event, packing winds of up to 120 miles per hour, the US National Hurricane Center said. — AFP
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BN will ensure it retains Nenggiri state seat in GE14: Ku Li (Mon, 12 Jun 2017)
GUA MUSANG: Gua Musang Umno division chief, Tengku Razaleigh Hamzah will ensure that Barisan Nasional (BN) retains the Nenggiri state seat in the coming 14th general election (GE14). He said the focus would be on the seat in view of its incumbent assemblyman Datuk Mat Yusoff Abdul Ghani being disqualified from being a member of the state legislative assembly after being declared a bankrupt, as announced by the Speaker, Datuk Abdullah Ya'kub on June 1. He said the state BN accepted the decision as the Speaker had the right to make the announcement to inform the people of the seat's vacancy due to the incumbent being confirmed a bankrupt. He was speaking to reporters after a programme with the people in Bukit Chekati, here, last night. Tengku Razaleigh who is also the MP for Gua Musang, said the loss of the seat could not be regarded as something which had tarnished the party but was due to a problem involving the individual concerned. "It (disqualification from the state assembly) was not due to political action by us but an issue involving the assemblyman concerned, causing the loss of the seat under the provisions of the Kelantan State Constitution," he added. On June 1, Abdullah declared that Mat Yusoff was disqualified from being Nenggiri assembyman due to his bankrupcy, thus rendering the seat vacant. The state assembly received the announcement letter from the Selangor branch of the Department of Insolvency Malaysia on May 28 that Mat Yusoff from Barisan Nasional had become a bankrupt. Mat Yusoff, 55, had been Nenggiri assemblyman for three terms since the 2004 general election. — Bernama
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