PETALING JAYA: A prominent family is said to be behind an alleged plot to overthrow the Malaysian government. Inspector-General of Police Datuk Seri Mohd Khalid Ismail confirmed on Friday (Feb 27) that it was investigating a report lodged about a plot to overthrow the government. The family, currently embroiled in a lawsuit, had allegedly engaged a media consulting firm based in England to launch a smear campaign against the government and the Prime Minister. The police report shows that an editor lodged the police complaint after reading a foreign news agency report on Malaysian Anti-Corruption Commission chief Tan Sri Azam Baki. The editor claimed that he had met a member of the family concerned to discuss the possibility of collaborating on a biography and a documentary.

KUANTAN: A factory operator was fined RM10,000 by the Sessions Court here on Friday (Feb 27), after pleading guilty to giving possession of his bank account without lawful authority to another person in March last year. Judge Sazlina Safie meted out the fine, in default two months in jail, on Chong Chin Jong, 33. Choong, still single, was charged with indirectly allowing another person to have control over his bank account. The prosecution was conducted by Deputy Public Prosecutor Wan Nurul Izzati Wan Mohammad Zahari, while Chong was represented by lawyer Mohd Shuhairil Ziqrul Sapi. She only realised she had been scammed after the suspect gave various excuses, preventing the return of the funds.

As my parents’ generation grows older, the kampung of young Malays are more often than not Kampung Tunku or Kampung Baru. Fast-forward to today and preying on the anxieties of KL Malays is still addictive politics. There were not enough houses to cater to this burgeoning number of new city residents. Moreover, in 2018, a Unicef study on children in low-cost flats in KL (where residents are predominantly Malay, with significant Indian and Chinese populations) revealed that the group remains well behind its peers in the rest of KL in terms of being underweight (15%, almost double the KL average); stunted (22%, double the KL average); and obese (23%, almost six times the KL average). Surely the time has come for KL Malays (bumiputeras make up 47.7% of the capital’s residents) and their fellow city residents to have a say in the running of their city.

PETALING JAYA: Police have confirmed that they have received a report and opened an investigation paper into allegations of a conspiracy to topple the government and sabotage national stability. Inspector-General of Police Datuk Sri Mohd Khalid Ismail (pic) said the probe centres on claims that a local "influential individual" was working in collaboration with an international media agency. “The investigation is being conducted by the Classified Criminal Investigation Unit (D5), Prosecution/Legal Division, Criminal Investigation Department at Bukit Aman under Section 124B of the Penal Code,” he said in a statement on Friday (Feb 27). He said that Section 124B provides that any individual who, directly or indirectly, engages in activities detrimental to parliamentary democracy may be imprisoned for up to 20 years upon conviction. “Investigations are ongoing, and the public is advised not to speculate on the case while police complete their probe, in line with the principles of criminal justice in this country,” he said.

The company, an operator of AI data centres, also said that 2026 capital spending will be US$30 billion to US$35 billion — a bigger figure than analysts anticipated. Sales will be US$12 billion to US$13 billion this year, CoreWeave said, with roughly US$2 billion coming in the first quarter (1Q). CoreWeave, which held its initial public offering in March 2025, has attracted investors looking to bet on the explosion in artificial intelligence (AI) spending. Nvidia invested an additional US$2 billion in CoreWeave last month, aiming to speed up an effort to add more than five gigawatts’ worth of AI computing capacity by 2030. CoreWeave has dramatically ramped up borrowing in recent years, joining an industry-wide debt binge that has unsettled some investors.

KUALA LUMPUR (Feb 27): Malakoff Corporation Bhd (KL:MALAKOF) is moving into the execution phase of its Sungai Udang waste-to-energy (WTE) project in Melaka, with the award of the engineering, procurement and construction (EPC) contract to a consortium led by Japan’s Kanadevia Corporation, formerly known as Hitachi Zosen Corp. The award comes eight months after Malakoff's subsidiary, Sungai Udang WTE Sdn Bhd, entered into a 34-year concession agreement with the government on June 19, 2025. Sungai Udang WTE is a special purpose vehicle established to undertake the project. Malakoff holds a direct 60% stake in the company, while Alam Flora Sdn Bhd's unit owns 40%. There are three other member companies in the consortium: Alam Hzem Sdn Bhd, Jurong Engineering Ltd and Equator Engineering Sdn Bhd.

Some have claimed that 7% was the highest dividend rate ever paid out by the fund. Verdict:FALSENo, 7% was not the highest EPF dividend payout in Malaysia's history. In more recent history, the highest dividend rate in the past decade was 6.9% in 2017. This marked the highest dividend rate since 2017 and exceeded many analysts' expectations. Whilst 7% would have been a respectable dividend rate and higher than most recent years, it's not the highest EPF has achieved.

PETALING JAYA: Police are searching for a 13-year-old boy who went missing after leaving his home in Taman Lestari Perdana, Seri Kembangan, Serdang. Serdang OCPD Asst Comm Muhamad Farid Ahmad said the boy's 42-year-old mother lodged a report on his disappearance on Friday (Feb 27). "The boy, identified as Mohammad Adi Syahmi Rashdan, left home at about 12.15pm on Thursday (Feb 26) to go to school but has yet to return," he said in a statement on Friday (Feb 27). He said the boy is fair-skinned, has slanted eyes, is 162cm tall and weighs about 60kg. Those with information are urged to contact the nearest police station or investigating officer Insp Muhammad Yusof Hasan Ganny at 03-8076 2222.

PETALING JAYA: The Malaysian Anti-Corruption Commission (MACC) is seeking four Malaysians to assist in an investigation into a case. Those with information on her whereabouts are urged to contact investigating officer Supt Mohamad Daeem Mohd Ali at 017-9127217 or email mohamad.daeem@sprm.gov.my. Information on his whereabouts can be channelled to investigating officer Supt Ahmad Aiman Ramly at 011-61930814 or via email at ahmad.aiman@sprm.gov.my. Information on his whereabouts can be channelled to investigating officer Assistant Supt Hardiansyah Ismail at 013-5639147 or email hardiansyah@sprm.gov.my. Members of the public may also contact the MACC hotline or the nearest MACC office with any relevant information.

KUALA LUMPUR (Feb 27): Toyo Ventures Holdings Bhd (KL:TOYOVEN) has announced the resignation of its group managing director Chew Cheong Loong from the group's helm, effective Saturday (Feb 28). Toyo Ventures is grappling with the aftermath of the termination of the Song Hau 2 thermal power plant project in Vietnam, previously a cornerstone of its growth plans. Beyond its project troubles, Toyo Ventures also saw a major shareholder change in October last year. Toyo Ventures' other substantial shareholders comprise executive director Tham Kut Chong with 12.2% and Lam Peng Kee with 7.44%. Besides Chew’s slated departure, Toyo Ventures also announced the appointment of Ng Jing-Yi as a non-independent and non-executive director, effective Saturday.

Election Commission (EC) secretary Datuk Khairul Shahril Idrus says the Supplementary Electoral Roll for January 2026 (DPT BLN1/2026) is open for public review for 30 days from today until March 28. – NSTP picKUALA LUMPUR: The Supplementary Electoral Roll for January 2026 (DPT BLN1/2026) is open for public review for 30 days from today until March 28, Election Commission (EC) secretary Datuk Khairul Shahril Idrus said. It also includes 11,731 registered voters who have changed constituencies and 2,170 voters who have updated their voter category or status. Voters whose names do not appear in the DPT BLN1/2026 may submit a claim using Form C via the EC's online portal or by visiting the relevant state election office. Forms C and D are also available for download from the state election office portal and must be submitted to the respective state election director along with the applicable objection fee during office hours throughout the review period.

KUALA LUMPUR (Feb 27): MN Holdings Bhd's (KL:MNHLDG) net profit for the second quarter ended Dec 31, 2025 (2QFY2026) doubled to RM25.19 million from RM12.58 million a year earlier on the back of its highest-ever quarterly revenue. Revenue surged 94.1% to RM243.55 million from RM125.48 million in 2QFY2025, the group's bourse filing showed. The substation engineering segment remained the key growth driver, contributing RM220.29 million — about 90% of total revenue — representing a 239% year-on-year increase. The underground utilities engineering segment added RM23.26 million, reflecting steady progress in utilities and infrastructure works. For the first half of FY2026, net profit jumped 1.38 times to RM46.77 million from RM19.66 million in the previous corresponding period as revenue doubled to RM457.65 million from RM228.59 million.

A weekly round-up of tanker and dry bulk market (Feb 27, 2026)This report is produced by the Baltic Exchange. CapesizeThe week began with renewed optimism, led by a firmer Pacific market as all three major miners returned to the market and operator cargo volumes appeared healthy. The Baltic round trip TCE for the run is now at US$36,100/day. The TC23 30kt Cross UK-Continent route firmed up to WS255 this week (+17.5) which generates US$36,100/day on Baltic TCE round trip. The one-year term edged up US$125 to US$39,250/day, while the three-year rate remained steady at US$60,500/day.

RAUB: The remains of a family of five who died in a house fire in Kampung Pamah Kulat early Thursday morning (Feb 26) were laid to rest at the Bukit Gelugor Muslim Cemetery at approximately 11:45pm the same day. Five vans carrying the bodies arrived at the cemetery at 10:48pm following post-mortem procedures and cleansing at the Raub Hospital Forensic Unit, and funeral prayers at the Tengku Abdullah Mosque in Kampung Pamah Kulat. The funeral was conducted in a calm and somber atmosphere, attended by about 500 people consisting of family members, relatives, and villagers who came to pay their last respects. The fire, which occurred around 3:00am, claimed the lives of the five family members. Pahang Fire and Rescue Department Director Datuk Mohd Razam Taja Rahim said that the fire completely destroyed the house and also involved three cars and three motorcycles that were burnt.

KUALA LUMPUR (Feb 26): Tropicana Corporation Bhd (KL:TROP) reported a significantly lower net loss for its financial year 2025, supported by increased progress billings across key projects. It has also managed to trim finance costs under its ongoing strategy to reduce overall debts through asset monetisation initiatives. The group's net loss for the year ended Dec 31, 2025 (FY2025) came in at RM118.83 million, 43% less than RM208.52 million it recorded for FY2024, its bourse filing on Friday showed. Finance costs dropped 19.7% to RM140 million from RM174.34 million in FY2024. The improved annual bottom line was achieved despite the fourth quarter reporting a net loss of RM56.23 million, as opposed to a net profit of RM211.93 million in the year-ago corresponding quarter.