New initiative for financially distressed companies in the works, says Azalina

KOTA TINGGI: The government is working on a new initiative to support companies facing financial distress following the recent success of the Second Chance Policy for individuals, says Datuk Seri Azalina Othman Said. The Minister in the Prime Minister's Department (Law and Institutional Reform) said that a national convention, expected to be held in early 2025,...

Gen Z Employee Resigns From Job With WhatsApp Text That Says “Sorry. And Bye”

When quitting a job, one is expected to submit an official resignation letter and serve a notice period. That procedure is understood as the norm across all jobs, right? Apparently not. A Malaysian netizen recently started a Threads post calling out a young employee, presumably a Gen Z, for their unusual and frankly unprofessional way of resigning. “Today’s youth. MIA and...

Two more remanded in connection with highway project bribery case

KUALA LUMPUR: Two directors of a sub-contractor company were the latest individuals to be remanded by graft busters in connection with bribes involved in a highway construction project in the Klang Valley worth more than RM1bil. Sources said the suspects—a man and woman in their 50s—were detained between 5pm and 7pm on Tuesday (July 2) after...

Company has come forward about RM500,000 in parking lot, says S’gor top cop

KUALA LUMPUR: A company has come forward to claim the suitcase filled with over RM500,000 in cash found at a shopping mall's parking lot, says Selangor police chief Comm Datuk Hussein Omar Khan. He said that the company had lodged a police report in Shah Alam on the matter and added that while the company director...

Company owner pleads guilty to RM44,600 false claim under Penjana

ALOR SETAR: A company owner pleaded guilty in the Sessions Court here Tuesday (Oct 3) to a charge of making a false claim amounting to RM44,600 under the Social Security Organisation's (Socso) Penjana Kerjaya 2.0 programme in 2021. Muhammad Asyraf Omar, 31, the proprietor of Asyraf Omar Legacy, made the plea after the alternative charge was...

Businessman freed on charge of misappropriating company funds

KUALA LUMPUR: The Sessions Court here acquitted and discharged a businessman for dishonest misappropriation of RM10,000 belonging to an oil and gas company by allegedly using the funds for his personal use. Judge Datin Sabariah Othman ordered Mohamed Noor Mohamed Amin, 50, to be freed on Wednesday (Aug 2) after finding that the prosecution had failed...