Which policy was developed under green malaysia plan flagshig

- A + A KUALA LUMPUR (Aug 10): Green Packet Bhd has disposed of its remaining shares in G3 Global Bhd for RM5.78 million, the group told Bursa Malaysia in a filing. Green Packet sold the remaining amount of 115.25 million G3 Global shares, representing a 3.97% stake in the open market via direct business transaction on Wednesday (Aug 10). A day earlier, the group sold 40 million shares in G3 Global for RM2 million. The shares were the 305.25 million warrants that had been converted by Green Packet on May 19. On May 25, Green Packet held a 6.286% stake in G3 Global or 155.25 million shares. Shares in Green Packet closed down half a sen or 9.09% to five sen, valuing it at RM73.48 million. Meanwhile, G3 Global — the most active counter on Wednesday — dropped 12% or half a sen to 3.5 sen with 129.19 million shares changing hands. … [Read more...] about Green Packet sells remaining shares in G3 Global

- A + A KUALA LUMPUR (Aug 10): Pertama Digital Bhd (PDB) is looking into formulating a regularisation plan to address issues regarding paragraph 8.03A Affected Listed Issuer Status and will announce its regularisation plan in due course. In a filing with Bursa Malaysia, PDB said the company has triggered paragraph 8.03A(2)(a)(bb) of the Main Market Listing Requirements when it completed its sale of Be Top Group Ltd. It sold its entire equity interest in the China-based textile subsidiary to Gifted Investments Ltd for RM70 million. With that sale and exit from the textile business, PDB is set to become a pure-play digital services player and will focus and allocate resources to strengthen and expand its mobile and digital solutions businesses, the current core continuing operations of PDB Group, the filing said. Given the bright prospects of the mobile and digital solutions industry, the board is of the view that the group's mobile and digital solutions businesses … [Read more...] about Pertama Digital to make regularisation plan known in due course

FILE PHOTO: A woman holds a mock-up vial labeled "Monkeypox vaccine" and medical syringe in this illustration taken, May 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo The Indian Council of Medical Research has invited expressions of interest from private companies to develop vaccines against monkeypox as the global threat from the viral disease deepens. However, when the vaccine becomes available, it may be used only among high-risk individuals, who are yet to be clearly defined in the Indian context, according to officials in the government agency. Some doctors have suggested that all those under 45 years who have not been vaccinated against smallpox as children (India stopped smallpox vaccinations in 1978) may need it if the disease becomes widespread. But scientists in the government and outside say that may not be necessary. In a document issued on July 27, the ICMR said it is willing to make available monkeypox virus isolates for undertaking R&D, … [Read more...] about ICMR sounds outs monkeypox vaccine makers; Govt may use jabs for high-risk groups

Pharma A first of its kind comparative analysis of drug approvals in India has suggested that the country’s apex regulator may be more liberal in approving non-cancer drugs when compared to cancer drugs and has called for the assessment of drug regulatory processes and policies to improve patient safety. The study, titled “A comparative study of cancer drug approvals in India and high-income countries”, and carried out by researchers based in New York and Kerala, analysed the approval of 257 new drugs, including 47 anti-cancer drugs, by the Central Drugs Standard Control Organisation between 2010 and 2019. Out of these, only 69.6 percent or 179 new drugs were approved by the US Food and Drug Administration (USFDA), 62.65 percent or 161 were approved by the European Medicines Agency and 63.40 percent or 163 drugs were approved by Health Canada (HC). Most of the cancer drugs that are approved for use in India, on the other hand, are approved by these agencies except two that … [Read more...] about Do regulators approve non-cancer drugs easily in India? Study suggests so

- A + A KUALA LUMPUR (Aug 10): Malaysia Competition Commission (MyCC) has proposed to impose a financial penalty of RM46.36 million on FFM Bhd — one of five feed millers recently flagged by the commission for potential price fixing — subject to findings in relation to its alleged infringement of the Competition Act 2010. FFM is a 80%-owned subsidiary of PPB Group Bhd, the flagship company of tycoon Robert Kuok Hock Nien. In a filing with Bursa Malaysia on Wednesday (Aug 10), PPB said that it is providing further information relating to a proposed decision by the commission earlier. "MyCC's allegation against FFM was in relation to the purported entering into agreements or concerted practices by certain poultry feed millers in fixing the price of poultry feed," the diversified conglomerate said. However, PPB added that there is no operational or material financial impact on the group at this juncture. The group also noted it is working with its advisers on its … [Read more...] about Tycoon Robert Kuok’s 80%-owned FFM faces RM46.36 mil fine if breached Competition Act

- A + A KUALA LUMPUR (Aug 10): Malayan Flour Mills Bhd's (MFM) partially owned Dindings Poultry Development Centre Sdn Bhd (DPDC) said that Malaysia Competition Commission (MyCC) has proposed to impose a financial penalty of RM70.02 million in the event that DPDC is found to have infringed the Competition Act 2010. In a Bursa Malaysia filing on Wednesday (Aug 10), MFM said DPDC strongly denies the allegation of any infringement of the provisions of the Act as mentioned in the proposed decision. "However, in the event of any findings to the contrary, MyCC has proposed a financial penalty equivalent to 10% based on the relevant turnover and based on MyCC's calculation for the alleged period which amounts to RM70.02 million. "DPDC denies that it is liable for the said penalty and refutes the basis of the calculation applied by MyCC," it said. MFM added that DPDC continues its business operations as usual and that currently there is neither financial nor operational … [Read more...] about Malayan Flour Mills’ partially owned company faces RM70.02 mil fine if infringed Competition Act

Congress is finally moving this week on the Inflation Reduction Act , a bill that could drive a 40% reduction in carbon emissions over the next decade. But another government arm, the Nuclear Regulatory Commission, made its own (far quieter) news this month when it gave final certification to a new kind of nuclear reactor called a small modular reactor (SMR). While the announcement received basically no fanfare, proponents say it could play an important role in decarbonizing the world’s energy supply. advertisement advertisement The agency first performed a safety review of reactor company NuScale Power’s SMR design in 2020. A year later, the NRC completed its standard rulemaking process, which included a review of public comments. On August 2, the commission issued a final approval for the SMR, though NuScale says it’s unlikely to become operational until 2029. Technically, nuclear power is capable of delivering large amounts of emissions-free … [Read more...] about Small nuclear reactors finally get the nod from regulators, but they still have a lot to prove

Share to Twitter Share to Linkedin Automated truck developer Embark has announced the completion of a public demonstration of its emergency vehicle interaction capability. Working closely with the Texas Department of Public Safety (“Texas DPS”) and the Travis County Sheriff’s Office (“TCSO”), Embark developed the capability for Embark-powered trucks to identify and stop for law enforcement vehicles in situations such as traffic stops, and built communication protocols and standard operating procedures between automated trucks and law enforcement officers. Embark calls this the first-ever public demonstration of an autonomous truck being pulled over by law enforcement and participating in a routine traffic stop on a public highway. Embark’s video of the capability in action can be viewed here . As I discussed in a recent article , Embark has created a technical capabilities roadmap which details sixteen capabilities they have determined are required … [Read more...] about Live And In-Person: Embark And Texas Law Enforcement Simulate The Real Thing

Share to Twitter Share to Linkedin The Plug-in hybrid seems the perfect answer to the electric car dilemma; battery power for all your local needs and a traditional motor for long distances. European politicians though have taken against the idea and have designed harsh carbon dioxide (CO2) emissions rules to force manufacturers to phase them out. One environmental group calls them “fake electric vehicles”. Tesla TSLA CEO Elon Musk doesn’t like them either, scorning them as amphibians or transitions. Sales in Europe are on the wane, but Americans are buying more plug-in hybrid electric vehicles (PHEVS), and their popularity so far hasn’t caught the attention of any grandstanding politicians. Californian regulators, thought by some to be relentless diehards in their pursuit of electric cars, are reportedly showing unexpected support for the benefits of PHEVs in the race to be green, sensibly. Buyers considering splashing out serious money for an … [Read more...] about Misplaced European Opposition Undermines Plug-In Hybrids, But U.S. Prospects Stronger

- A + A KUALA LUMPUR (Aug 10): Swift Haulage Bhd plans to buy Singapore’s Watt Wah Petroleum Haulage Pte Ltd, which is involved in the transporting of petroleum products, for S$1.6 million (RM5.18 million) cash. It will also take over Watt Wah's shareholders' loan that amounted to S$8.5 million as on June 30. In a Bursa Malaysia filing on Wednesday (Aug 10), the integrated logistics service provider said it has entered into a binding order (BO) with Watt Wah’s sole shareholder, DLT Enterprise Pte Ltd for the acquisition. The BO is subject to a definitive share and purchase agreement to be inked between Swift Haulage and DLT. Besides the cash consideration, Swift Haulage said it will repay Watt Wah's shareholders' loan in full by refinancing the loan within two weeks after the acquisition is completed. "The amount of the shareholders' loan is subject to changes resulting from further repayment(s) between June 30, 2022 and the completion date," Swift Haulage said. … [Read more...] about Swift Haulage to acquire Singapore-based Watt Wah Petroleum Haulage