Creador buys 30% stake in Loob, its first F&B investment
PETALING JAYA: Private equity firm Creador has agreed to take a 30% stake in Loob Holding Sdn Bhd, the owner of Tealive. In a joint statement, both companies expressed confidence the strategic partnership would take Loob to the next level, especially given Creador’s track record in aiding in the regional growth of its investee companies. Creador […]
Ambank extends assistance to customers affected by MCO
KUALA LUMPUR: AMMB Holdings Bank Bhd’s (AmBank) has stepped up its ongoing efforts in providing relief to customers affected by the movement control order (MCO) that was recently re-implemented. AmBank said its efforts align with the government’s targeted repayment assistance initiative, which the government announced under the Pemerkasa Plus financial aid package. Group chief executive […]
Canada truck attack suspect makes brief court appearance
OTTAWA, June 11 ― A Canadian man accused of slamming his pick-up truck into a Muslim family in London, Ontario, killing four people, made a brief court appearance yesterday as new details emerged about him in the local press. Nathaniel Veltman, 20, appeared by videoconference at the hearing in orange prison garb with cropped hair, […]
Dutch court tracks BUK missile that downed flight MH17
THE HAGUE (AFP): People charged with being involved in shooting down Malaysia Airlines flight MH17 over eastern Ukraine in 2014 moved the BUK missile battery back to Russia, a Dutch court heard Thursday (June 10). Judges have been examining the route taken by a ground-air missile system that destroyed the Boeing 777 on July 17, […]
Young, Indian, Unvaccinated: the world’s largest inoculation drive falters
JUNE 11: India began an inoculation drive for its 1.38 billion people in earnest in mid-January. Healthcare, frontline workers and the elderly were the first eligible, followed by people aged over 45 in April and then adults aged 18-45 in May. That last extension, covering around 43% of the population, proved to be a crunch point. […]
Singapore to ease curbs as Covid-19 cases fall
SINGAPORE: Singapore will begin slowly easing a month-long partial lockdown from next week after the curbs succeeded in stemming a coronavirus outbreak, authorities said Thursday. The city-state has weathered the pandemic largely unscathed but saw an uptick in local transmissions in recent weeks as new variants spread. Fresh restrictions were introduced in mid-May, including a […]
UMS to have better research facilities to study infectious disease, medicine
KOTA KINABALU: Universiti Malaysia Sabah (UMS) is upgrading its medical research facility to study more possible disease outbreaks. The varsity Medical and Health Sciences faculty dean professor Dr Mohammad Saffree Jeffree said its Borneo Medical and Health Research Centre would be upgraded into a Level 2 biosafety laboratory. “Through this upgrade, it enhances the research […]
Pakatan, Umno reject Dr M’s Mageran proposal
PETALING JAYA: The Pakatan Harapan presidential council has rejected the proposal to set up the National Operations Council (Mageran) to resolve the current Covid-19 crisis the country is facing. In a joint statement, Pakatan said while they took note of former premier Tun Dr Mahathir Mohamad’s suggestion to set up Mageran, they did not agree […]
JKJAV: Almost 160,000 Covid-19 vaccine shots delivered into arms across Malaysia yesterday
KUALA LUMPUR, June 11 — The country’s daily vaccination rate continued to climb, as 157,949 people were administered Covid-19 vaccines yesterday, said the Special Committee on Ensuring Access to Covid-19 Supply (JKJAV). The JKJAV said that 111,130 individuals were given their first dose of the vaccine, whilst 46,819 others completed their second required dose for […]
