Monthly Archives: June 2020

Salesman pleads not guilty to cheating involving over RM1.1 mln

  JOHOR BAHRU A salesman pleaded not guilty at the Magistrate’s Court, here today on five charges of fraud involving losses worth RM1.152 million, between June last year and Feb 18 this year.   Lau Kah Wing, 24, made the

COVID-19 has marginal impact on Labuan Financial sector: Labuan FSA Dg

LABUAN The COVID-19 pandemic has slightly impacted Labuan’s international financial sector as the leasing segment has felt the pinch over the first few months of 2020.   Labuan Financial Services Authority (Labuan FSA) director-general Datuk Danial Mah Abdullah said the

Former 1MDB CEO admits he fell for Jho Low’s ruse

  Former 1Malaysia Development Berhad (1MDB)  chief executive officer Datuk Shahrol Azral Ibrahim Halmi told the High Court here today that he fell for the ruse created by fugitive businessman Low Taek Jho, or Jho Low,  in setting up Brazen

Kelantan govt to give monetary aid to families of drowned anglers

BACHOK The Kelantan government has come forward to provide monetary aid  to the families of those involved in a boat tragedy where the vessel capsized after it was caught in a storm  about 10 nautical miles from the Kuala Kemasin

Police cripple three organised crime syndicates

KUALA LUMPUR Three of among the country’s largest organised crime syndicates suspected of being involved in the smuggling of migrants and robberies have been crippled following the arrest of 111 gang members.   Also arrested were the leaders of the

APMM foils drug-distribution activity using waterways

  KUANTAN The Malaysian Maritime Enforcement Agency (APMM) over the weekend detained eight men believed to have been using the waterways for drug distribution activity in Rompin district.   Pahang APMM director Marine First Admiral Amran Daud said the suspects

Funds Managed by Affiliates of Apollo Complete Tech Data Acquisition

Tech Data Plans to Invest Approximately $750 Million in Digital Transformation Initiatives to Improve Channel Partner Experience Strong Pro Forma Balance Sheet Gives Significant Financial Flexibility, Makes Tech Data One of the Lowest Levered Sponsor-Backed Companies NEW YORK, June 30,

With COVID-19 Lingering, Virtusa and Modjoul Partner to Get America Back to Work Safely

Health Checks, Contact Tracing, and Social Distancing from Factory Floors to Office Halls SOUTHBOROUGH, Mass., June 30, 2020 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT services, and Modjoul, a software services company

Radient Technologies Inc. Announces Receipt of Sales License, Launch of 2.0 Product Offerings And Supply Agreement with Premium 5 Ltd.

EDMONTON, Alberta, June 30, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a manufacturer of high quality cannabinoid-based formulations and products, has received a Health Canada license amendment for the sale of

Refinishing Hardwood and Resilient Flooring Surfaces Offers More Than 75% Reduced Carbon Footprint Compared to Floor Replacement

Refinishing and Renovating Hard Floor Surfaces Contributes to a Circular Economy Bona Commercial System Resilient Floor Solution MALMO, Sweden, June 29, 2020 (GLOBE NEWSWIRE) — A recent report from IVL Swedish Environmental Research Institute confirms that refinishing hardwood and resilient