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Press Metal appoints Public Investment Bank to provide advice to shareholders
KUCHING: Press Metal Bhd has named Public Investment Bank Bhd as independent adviser to non-interested directors and shareholders on a proposed exemption sought by its major shareholder Alpha Milestone Sdn Bhd (AMSB) and persons acting-in-concert (PACs) from the Securities Commission (SC) to undertake a mandatory takeover offer for the remaining company shares and convertible securities not already owned by them after the conversion of more than RM233.9mil nominal value of eight-year 6% redeemable convertible secured loan stocks (2011/2019 RCSLS) by AMSB and Ong Soo Fan.
Ministry stops fish exports to counter shortage
BERA: The National Fishermen’s Association (Nekmat) has been ordered to stop exporting fish until March in an effort to control fish prices and to overcome the current shortage of fish supply in the country, says Agriculture and Agro-based Industry Minister Datuk Seri Ismail Sabri Yaakob.
Liars for hire as fake CVs saturate job market
NEW DELHI: Managers of an IT company in New Delhi were puzzled as they sifted through a pile of CVs - as many as 30 job seekers claimed to have worked previously for the same employer.
Bad weather, increasing costs and shortages plague the flower industry
FLORISTS and nurseries in Ipoh, Perak, are expecting a shortage of flowers from Cameron Highlands during the Chinese New Year festival.
Scoring a perfect 10 with mee goreng lovers
BUTTERWORTH: A mee goreng seller, who once enticed customers with vouchers and lucky draws, is still pulling in the crowd despite a price increase in food.
Celebs raise RM100,000 for Haiyan victims at fundraising dinner
BIG-HEARTED Malaysian celebrities, collectively known as Artisans United, raised more than RM100,000 at a fundraising dinner in aid of victims of the Typhoon Haiyan that struck the eastern coast of the Philippines in November last year..
Raise not gazetted - Selangor reps yet to enjoy fat wages
PETALING JAYA: Selangor state elected representatives have yet to enjoy fat pay cheques because the amendment to the related enactment on their pay hikes has yet to be gazetted.
Mamak mee-a! The prices are going up soon
PETALING JAYA: Come March, it will be 5% to 15% more costly to have a glass of teh tarik, roti canai or mee goreng at mamak restaurants nationwide.
Pricing an endangered species
Each January, we have celebrated the New Year with unlimited excess – not only the gluttonous, gammony kind, but the excess which heralds the year’s first auction of a gargantuan bluefin tuna at the Tsukiji Fish Market in Tokyo, Japan.
Price hikes affect Ponggal, Thaipusam preparations
GEORGE TOWN: Prices of essential items for Ponggal and Thaipusam have escalated, thus becoming an additional burden for the Indian community.