Azam Baki says his acquisition of RM800,000 shares above board
PETALING JAYA: Tan Sri Azam Baki says that his acquisition of RM800,000 worth of shares in a financial services company was conducted transparently and did not violate any laws. The Malaysian Anti-Corruption Commission chief commissioner said the transaction was declared and that the Chief Secretary to the Government was informed of the matter. Azam described the report on the transaction as malicious, pointing out that he had purchased the shares in 2025 and disposed of it within a year. A foreign news agency reported that Azam was listed as holding 17.7 million shares in Velocity Capital Bhd, citing a corporate filing with the Companies Commission of Malaysia (SSM). Earlier, the MACC said the report on Azam is misleading and based on unfounded allegations.
Source:The Star
February 10, 2026 13:56 UTC
Who is Velocity Capital? A look at the penny stock that drew Azam Baki's interest
A history of identity changes and business pivotsThe name Velocity Capital is the group’s seventh since it was listed. According to its annual report, Velocity Capital lists a number of subsidiaries operating in different segments, including in haulage services, IT solutions, manufacturing of packaging, and electric vehicle sales. Datuk Fam Chee Way is now the largest shareholder in Velocity Capital with a 28.79% stake held via DB Atlantic Capital (M) Bhd. Velocity shares jumped in early 2025According to SSM documents, Azam Baki held 17.7 million Velocity Capital shares as at Feb 2, 2025, amounting to 1.38% of the group’s share base. Both Velocity Capital and Farhash subsequently sold their MMAG shares at a loss.
Source:The Edge Markets
February 10, 2026 13:55 UTC
Taxpayers can now apply for PIN via LHDN's MyTax portal
KUALA LUMPUR: Taxpayers can now apply for a personal identification number (PIN) via the Inland Revenue Board's (LHDN) MyTax Portal. "For new taxpayers, a tax number is already available, as one is automatically generated for individuals aged 18 and above. "First-time e-filing users may apply for a digital certificate through e-KYC or e-CP55D using their registered email address," he said as a guest on Bernama Radio's tax clinic programme titled 'e-Filing: Tanggungjawab Pembayar Cukai (taxpayers' responsibilities)' on Tuesday (Feb 10). He added that taxpayers who have forgotten their password can reset it by clicking 'Forgot Password', and a new password will be sent to their registered email once their identification number is entered. "For users whose Digital Certificate has expired, it can be renewed by entering their identification number and password, followed by clicking the 'Submit' button.
Source:The Star
February 10, 2026 13:54 UTC
Medical price guide launched
Malaysians can now check the typical price tag for 26 common procedures before committing to treatment, under a new industry-led price guide. The guide released by the insurance and takaful industry is aimed at lifting the lid on medical costs but consumer groups cautioned that transparency should not become a rubber stamp for rising fees or normalising high prices. For example, the typical bill amount for cataract surgery is RM8,400 for daycare admission. “The data is derived from insurance and takaful claims, which are part of a profit-oriented private healthcare and insurance ecosystem. Saravanan said consumers should not treat the price guide as a benchmark or endorsement of acceptable pricing.
Source:The Star
February 10, 2026 13:35 UTC
MACC slams report, says Azam Baki has declared assets as required
KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) says a recent media report on Tan Sri Azam Baki is misleading and based on unfounded allegations. It said the report not only affected the image and reputation of its chief commissioner but also unfairly linked the MACC to allegations of wrongdoing, potentially undermining public confidence. "Asset declarations by public officers are governed by established administrative and governance procedures under the public service framework and are submitted through official channels to the relevant authorities. The MACC said such declarations cover sources of income as well as the acquisition and disposal of assets, including shares. It stressed that any suggestion that the chief commissioner had failed to declare assets was factually incorrect and created a misleading impression of the integrity and governance framework governing both the MACC and the wider public service.
Source:The Star
February 10, 2026 13:32 UTC
Residents cry foul as Kuchai parking trial fails to deliver
“While some small traders are occupying the parking bays with their stalls, other businesses and individuals have “booked” the bays using barriers and traffic cones. “They should apply for reserved parking bays from DBKL, but I was told by some business owners that the process was very bureaucratic,” he said. Sivam also said that the number of parking bays in the park was still insufficient, especially when outsiders hog the bays for long hours. Sivam says residents cannot find parking space despite buying the RM70 pass as some bays are illegally hogged by businesses. “This raises the question – are there not enough parking bays in the MRT station’s park and ride facility?
Source:The Star
February 10, 2026 13:32 UTC
Harry Hartono begins challenging task of reviving struggling men’s singles dept
PETALING JAYA: New men’s singles coach Harry Hartono is game for the challenge of reviving a struggling men’s singles department after his first training session with the squad under head coach Datuk Teu Seu Bock got off to a positive start. Harry, who reported for duty at the Academy Badminton Malaysia (ABM) in Bukit Kiara on Tuesday (Feb 10), has a strong reputation to live up to. He was also among the earliest coaches to spot the potential of 2022 world champion Chou Tien-chen while coaching at a high school in Taiwan between 2005 and 2010. The aim is to become world number one and to be a world champion,” said Harry. Harry’s first training session with the men’s singles squad under head coach Datuk Teu Seu Bock also went positively, particularly with the commitment shown by Leong Jun Hao and Justin Hoh.
Source:The Star
February 10, 2026 13:20 UTC
#SHOWBIZ: Vicki Zhao's daughter April steals the spotlight in rare social media appearance
Tall and slender April sports long, golden-brown hair that gives off a youthful vibe (Picture courtesy of ASIAONE). BEIJING: As interest surges following Vicki Zhao's brief and unexpected livestream return, the spotlight has shifted to her daughter, April Huang Xin, after the teenager made a rare social media appearance. April, who is the sole child of the embattled Chinese actress-director and her ex-husband, Singaporean tycoon Huang Youlong, is set to celebrate her 16th birthday this April. Looking tall and slender with long, golden-brown tresses, April exudes a distinctly youthful and modern charm. This renewed curiosity comes at a time when Vicki herself remains a peripheral figure in the industry.
Source:New Strait Times
February 10, 2026 13:03 UTC
Red card ruins JDT's bright start against Sanfrecce Hiroshima
Sanfrecce Hiroshima (in purple) in action against JDT during an Asian Champions League Elite match at the Hiroshima Stadium on Tuesday. PIC FROM AFCKUALA LUMPUR: Johor Darul Ta'zim (JDT) suffered a 2-1 defeat to Sanfrecce Hiroshima in the Asian Champions League Elite on Tuesday, extending their winless run against Japanese clubs to 11 matches since 2019. The Southern Tigers took an early lead at the Hiroshima Stadium in the third minute through Marcos Guilherme. However, the match turned in the 16th minute when defender Jonathan Silva was sent off for a handball in the penalty area. Despite Sanfrecce dominating possession against the 10-man JDT, the sides went into half-time level at 1-1.
Source:New Strait Times
February 10, 2026 12:26 UTC
Tomei hits RM100mil earnings milestone as gold price rises sharply
Tomei group managing director Datuk Ng Yih Pyng is optimistic on the group’s prospects as the Malaysian retail market is expected to stay resilient, supported by steady economic conditions. Its revenue climbed 25.4 per cent to RM1.31 billion versus RM1.05 billion in FY24 supported by its retail segment. Its revenue rose to RM387.94 million in the quarter under review from RM242.78 million. Tomei group managing director Datuk Ng Yih Pyng is optimistic on the group's prospects as the Malaysian retail market is expected to stay resilient, supported by steady economic conditions. Tomei's share price closed four sen or 2.11 per cent higher on Tuesday at RM1.94, valuing the company at RM268.88 million.
Source:New Strait Times
February 10, 2026 12:22 UTC
FIFPro calls on AFC to use Women's Asian Cup as a platform to raise standards
FILE PHOTO: The 2026 AFC Women's Asian Cup trophy is seen ahead of the official draw, opposite the Sydney Opera House in Sydney on July 28, 2025. The 2026 AFC Women's Asian Cup will be hosted by Australia, and will run from March 1 to 21, 2026. - AFP picPROFESSIONAL standards for female footballers in Asia still lag global benchmarks but the upcoming Women's Asian Cup presents a "generational opportunity" to improve conditions for players in the region, a report released by FIFPro said on Tuesday. The letter also called for at least 30% of the prize money from the tournament to be distributed directly to players. "The 2026 AFC Women's Asian Cup represents an enormous opportunity to address historical inequalities and set a new standard for how women footballers are valued and supported across Asia," FIFPro Asia/Oceania Secretary General Shoko Tsuji said.
Source:New Strait Times
February 10, 2026 11:50 UTC
SD Guthrie: Palm oil industry at 'crisis' point as costs rise, productivity stalls
KUALA LUMPUR (Feb 10): Malaysia’s palm oil industry is facing a "crisis" point, weighed down by slowing growth, stagnating yields and declining profitability, SD Guthrie Bhd (KL:SDG) group managing director Mohd Haris Mohd Arshad warned during an industry event on Tuesday (Feb 10). The sector's decline is largely due to ageing plantations and growing competition from other vegetable oils such as soybean oil, whose global production rate has outpaced palm oil by sixfold in recent years. “It (the palm oil industry) is sort of stuck between a rock and a very hard place,” Mohd Haris said, as he described an industry caught between escalating domestic costs and tougher global competition. Negotiations for a similar EU-Malaysia free trade agreement (FTA) are ongoing. Panel moderator and Malaysian Palm Oil Council CEO Belvinder Sron expressed optimism that a conclusion could be reached by 2027.
Source:The Edge Markets
February 10, 2026 11:48 UTC
#SHOWBIZ: DJ Koo pens heartfelt letter to late wife Barbie Hsu
"To my eternal love, my everything, how are you there? Reflecting on the quiet moments of his bereavement, Koo confessed to feeling adrift in the empty spaces of their home. Despite the passage of time, the emotional weight of that day remains heavy, leading Koo to offer a tender apology for his vulnerability. The late actress' sister, television personality Dee Hsu, also expressed her profound gratitude to Koo for his devotion. Affectionately known as "Taiwan's Sweetheart," Barbie Hsu became a household name across Asia following her breakout role as Shancai in the 2001 phenomenon Meteor Garden.
Source:New Strait Times
February 10, 2026 11:31 UTC
Choong Hann: Fitness, not talent, is stalling Malaysian men's shuttlers
Hong Kong coach Wong Choong Hann during the MoU ceremony between the National Sports Council and the Hong Kong Sports Institute in Bukit Jalil on Tuesday. Choong Hann, now the Hong Kong head coach, stressed that Malaysia do not lack quality in the singles department. Choong Hann believes a fully fit squad would be capable of delivering more convincing performances and restoring fan confidence. With major assignments such as the Asian Games coming up this year, Choong Hann said recovery and proper preparation must be prioritised. On developing new talent, Choong Hann called for patience, noting that grooming young players requires time and structured planning.
Source:New Strait Times
February 10, 2026 10:57 UTC
PTPTN travel ban targets defaulters
“The repayment period can also be delayed if borrowers are furthering their studies to a higher level,” he said. To date, Adam Adli said some RM77.5bil has been disbursed to help more than 4.26 million students. Some 3,000 disabled students at public higher education institutions, polytechnics and community colleges also stand to obtain free education, he said. This is just the beginning as more initiatives will be available for the rakyat once PTPTN loans are collected systematically without burdening borrowers,” he said. He also asked about measures taken by the ministry to assist students from lower-income groups who have been forced to take up part-time jobs during their studies, as PTPTN funds are inadequate.
Source:The Star
February 10, 2026 10:57 UTC