<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 11): Paper and printing machine seller UPA Corp Bhd said the government, via the Federal Territory Lands and Mines Office, has notified the firm that it would be awarded RM32.67 million, for the compulsory acquisition of three plots of land it owns.</p></div>

<div class=newsTextDataWrapInner><p>“The company will make further announcement as and when there are material developments in due course,” UPA Corp said in a filing with Bursa Malaysia today.</p></div>

<div class=newsTextDataWrapInner><p>UPA Corp said the compensation notice was the result of claims it had submitted to the government in relation to the acquisition, in accordance with the Land Acquisition Act 1960.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Last August, UPA Corp announced the government would be compulsorily acquiring its land plots here — measuring a total of 4,187.69 sq m — which currently houses its factory building, passageway and a power substation.</p></div>

<div class=newsTextDataWrapInner><p>The compulsory acquisition, it added, will pave the way for the government to construct the second mass rapid transit line, which will be traversing from Sungai Buloh to Putrajaya via Serdang.</p></div>

<div class=newsTextDataWrapInner><p>Shares of the Main Market-listed UPA closed one sen or 0.42% lower at RM2.40 today, valuing it at RM191 million.</p></div>


KUALA LUMPUR (July 11): Paper and printing machine seller UPA Corp Bhd said the government, via the Federal Territory Lands and Mines Office, has notified the firm that it would be awarded RM32.67 million, for the compulsory acquisition of three plots of land it owns.

“The company will ...

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Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.

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Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.

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<p>Former inspector general of police Tun Mohammed Hanif Omar died at 2.15am on Saturday. He was 85.</p>


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<p>Digital Nasional Bhd (DNB), the operator of Malaysia’s 5G telecommunications assets, said the process in relation to the subscription of its shares by five mobile network operators (MNOs) in this country is ongoing.</p>


<p>Attention this week will be on the March inflation rate, with the <strong>Department of Statistics Malaysia</strong> (DOSM) slated to put out <strong>Consumer Price Index</strong> (CPI) — the key gauge for inflation — data on Thursday.</p>

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<p>Approved road transport logistics companies will obtain “fleet cards” from select fuel retailers to purchase subsidised fuel under the diesel subsidy rationalisation programme, the Ministry of Finance (MOF) said.</p>


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<p>Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the US stock rally, which has flagged as expectations for interest cuts fade.</p>


<p>The Sultan of Selangor, Sultan Sharafuddin Idris Shah, has extended condolences to the family of former inspector general of police Tun Mohammed Hanif Omar, who died early on Saturday morning.</p>


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<p>Elon Musk postponed a planned trip to India where he was to meet Prime Minister Narendra Modi, citing obligations at his Tesla automaker and saying he aimed to reschedule the visit for later this year.</p>


<p>The World Bank on Friday said that 11 countries have pledged to contribute over US$11 billion (RM52.62 billion) to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing capacity by US$70 billion over a decade to tackle climate change, pandemics and other global challenges.</p>


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<p>Perikatan Nasional (PN) will hold a supreme council meeting on Monday (April 22) on the selection of candidate to contest in the Kuala Kubu Baharu state by-election on May 11.</p>


<p>PKR Information chief Fahmi Fadzil said no specific names were discussed regarding the leadership of the Sabah PKR State Leadership Council (MPN) at a special meeting with Prime Minister Datuk Seri Anwar Ibrahim on Saturday.</p>


<p>Efforts to reform the Bretton Woods institutions – the International Monetary Fund and the World Bank – are progressing, albeit slowly. In December, the IMF Board of Governors approved a 50% increase in member quotas, which will reduce its reliance on borrowed resources, and the World Bank has re...