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Southeast Asia's Mr.DIY to open in South Africa
Southeast Asia's Mr.DIY to open in South Africa

Zawya

time11 hours ago

  • Business
  • Zawya

Southeast Asia's Mr.DIY to open in South Africa

Southeast Asia's home improvement store, has announced its entry into the African market, with its first expansion into South Africa. The retailer will open its first store in the country in Pretoria at the end of June. an Malaysian retail brand, has grown from its first hardware store in 2005 to having nearly 5,000 stores across Asia and Europe. Today, it has a global footprint in Malaysia, Thailand, Brunei, Indonesia, Singapore, the Philippines, Vietnam, Cambodia, India, and Bangladesh, as well as Türkiye, Spain, and Poland. South Africa becomes the fourteenth country in global network and marks its latest continental expansion into Africa. Anchored on its promise of offering everyday essentials in convenient locations and at 'Always Low Prices', the retailer carries a broad range of more than 17,000 types of products, including hardware, household items, electrical goods, stationery, toys, and more, offering an enjoyable shopping experience for the whole family. first store in South Africa will open its doors at Menlyn Park Shopping Centre, Pretoria, on 28 June 2025. Commenting on its entry into South Africa, South Africa's head of business development Jamie Williams said, 'We are thrilled to expand our global presence into South Africa, representing our first expansion into the African continent. South Africa is a dynamic and growing market, with increasing demand for affordable, high-quality household and lifestyle products. As consumers become more value-conscious, our business model, built on a broad product range, 'Always Low Prices' promise, and a convenient shopping experience, is well-positioned to meet their needs. With a strong global presence, Mr D.I.Y. is known for delivering value, operational excellence, and a commitment to customers. We look forward to bringing this same commitment to South African shoppers and contributing to the country's evolving retail landscape.' Williams also announced that aims to have a total of six stores across the country by the end of 2025. 'This expansion will provide customers with a wider range of value-driven options and generate new job opportunities, creating a lasting benefit on local economies, demonstrating our dedication to making a meaningful impact in every community we serve,' said Williams. All rights reserved. © 2022. Provided by SyndiGate Media Inc. (

Fake cops, real laughs: Bungling impostors try to stop car with fake siren
Fake cops, real laughs: Bungling impostors try to stop car with fake siren

Focus Malaysia

time7 days ago

  • Focus Malaysia

Fake cops, real laughs: Bungling impostors try to stop car with fake siren

NOWADAYS, robbers and thieves are becoming more and more creative. Their methods are many, their victims uncountable. But sometimes, things can get to the point of being comical. Take for example a recent video on X which showed several 'police officers,' attempting to stop a moving car. However, even the average Joe can point out that there was something painfully obvious and wrong about the ride used by these officers. Even more hilarious was the fact that one of the officers slapped a siren at the top of the car just to make it look official. In the video, the officers could be seen signalling for the car to stop. Jangan berhenti…call polis dan terus ke balai…..ini sah penyamun — MYNEWSHUB (@mynewshub) June 12, 2025 'This is stupid. It is obvious these are not the police with three people wearing masks,' said netizen @ijakRashid who watched the video. Another netizen added that the police nowadays only ride in Honda Civic. However, another pointed out that they drove Honda City, and the premium Civics were reserved for the army. 'These people must be watching too many Hong Kong movies or dramas about police officers,' said @YtFrzz99609 while @nalvsamy claimed they wanted to cheat people although they were foolish. Then there was a sharp-eyed netizen who claimed it happened at the Guthrie highway, likely during the midnight till morning since the place lacks vehicles. Also, several others pointed out how easy it is to become a police officer nowadays since they could get the uniform and siren for cheap online. According to @nrhnsharol, the safety vest worn by the police officer could be bought at Mr DIY or at a hardware shop. But there appears to be more where this story is concerned. Apparently, the video was an old one, being identified by several netizens. @abgzulfikar said the perpetrators had already been apprehended, and good riddance too. News portal Harian Metro published a story on June 6, 2023, where police officers detained two men, including a civil servant, in relation to the incident, which happened at km 41.5 of the North-South Expressway heading north. Johor Police Chief, Datuk Kamarul Zaman Mamat, said a team from the Criminal Investigation Division of the Kulai District Police Headquarters (IPD) arrested the two local men, aged 43 and 48. In the video, three men posing as police used a beacon light resembling that of the authorities and attempted to instruct the victim to pull over. The account owner, named Freeman Gan, stated that he was chased by a car resembling a police vehicle while travelling from Singapore to Genting Highlands via the expressway. —June 14, 2025 Main image: @mynewshub (X)

Fake cops, real laughs: Bungling impostors try to stop car with DIY siren
Fake cops, real laughs: Bungling impostors try to stop car with DIY siren

Focus Malaysia

time7 days ago

  • Focus Malaysia

Fake cops, real laughs: Bungling impostors try to stop car with DIY siren

NOWADAYS, robbers and thieves are becoming more and more creative. Their methods are many, their victims uncountable. But sometimes, things can get to the point of being comical. Take for example a recent video on X which showed several 'police officers,' attempting to stop a moving car. However, even the average Joe can point out that there was something painfully obvious and wrong about the ride used by these officers. Even more hilarious was the fact that one of the officers slapped a siren at the top of the car just to make it look official. In the video, the officers could be seen signalling for the car to stop. Jangan berhenti…call polis dan terus ke balai…..ini sah penyamun — MYNEWSHUB (@mynewshub) June 12, 2025 'This is stupid. It is obvious these are not the police with three people wearing masks,' said netizen @ijakRashid who watched the video. Another netizen added that the police nowadays only ride in Honda Civic. However, another pointed out that they drove Honda City, and the premium Civics were reserved for the army. 'These people must be watching too many Hong Kong movies or dramas about police officers,' said @YtFrzz99609 while @nalvsamy claimed they wanted to cheat people although they were foolish. Then there was a sharp-eyed netizen who claimed it happened at the Guthrie highway, likely during the midnight till morning since the place lacks vehicles. Also, several others pointed out how easy it is to become a police officer nowadays since they could get the uniform and siren for cheap online. According to @nrhnsharol, the safety vest worn by the police officer could be bought at Mr DIY or at a hardware shop. But there appears to be more where this story is concerned. Apparently, the video was an old one, being identified by several netizens. @abgzulfikar said the perpetrators had already been apprehended, and good riddance too. News portal Harian Metro published a story on June 6, 2023, where police officers detained two men, including a civil servant, in relation to the incident, which happened at km 41.5 of the North-South Expressway heading north. Johor Police Chief, Datuk Kamarul Zaman Mamat, said a team from the Criminal Investigation Division of the Kulai District Police Headquarters (IPD) arrested the two local men, aged 43 and 48. In the video, three men posing as police used a beacon light resembling that of the authorities and attempted to instruct the victim to pull over. The account owner, named Freeman Gan, stated that he was chased by a car resembling a police vehicle while travelling from Singapore to Genting Highlands via the expressway. —June 14, 2025 Main image: @mynewshub (X)

Here's What We Like About Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) Upcoming Dividend
Here's What We Like About Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) Upcoming Dividend

Yahoo

time02-06-2025

  • Business
  • Yahoo

Here's What We Like About Mr D.I.Y. Group (M) Berhad's (KLSE:MRDIY) Upcoming Dividend

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Mr D.I.Y. Group (M) Berhad (KLSE:MRDIY) is about to go ex-dividend in just 3 days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Meaning, you will need to purchase Mr D.I.Y. Group (M) Berhad's shares before the 6th of June to receive the dividend, which will be paid on the 8th of July. The company's next dividend payment will be RM00.014 per share, on the back of last year when the company paid a total of RM0.05 to shareholders. Last year's total dividend payments show that Mr D.I.Y. Group (M) Berhad has a trailing yield of 3.2% on the current share price of RM01.58. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Its dividend payout ratio is 85% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. It could become a concern if earnings started to decline. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. Dividends consumed 55% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. It's positive to see that Mr D.I.Y. Group (M) Berhad's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. View our latest analysis for Mr D.I.Y. Group (M) Berhad Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. For this reason, we're glad to see Mr D.I.Y. Group (M) Berhad's earnings per share have risen 13% per annum over the last five years. It paid out more than three-quarters of its earnings in the last year, even though earnings per share are growing rapidly. Higher earnings generally bode well for growing dividends, although with seemingly strong growth prospects we'd wonder why management are not reinvesting more in the business. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last five years, Mr D.I.Y. Group (M) Berhad has lifted its dividend by approximately 21% a year on average. It's great to see earnings per share growing rapidly over several years, and dividends per share growing right along with it. From a dividend perspective, should investors buy or avoid Mr D.I.Y. Group (M) Berhad? It's good to see earnings are growing, since all of the best dividend stocks grow their earnings meaningfully over the long run. That's why we're glad to see Mr D.I.Y. Group (M) Berhad's earnings per share growing, although as we saw, the company is paying out more than half of its earnings and cashflow - 85% and 55% respectively. In summary, while it has some positive characteristics, we're not inclined to race out and buy Mr D.I.Y. Group (M) Berhad today. So while Mr D.I.Y. Group (M) Berhad looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. To help with this, we've discovered 1 warning sign for Mr D.I.Y. Group (M) Berhad that you should be aware of before investing in their shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Museums in Malaysia record increase in visitors
Museums in Malaysia record increase in visitors

The Sun

time22-05-2025

  • The Sun

Museums in Malaysia record increase in visitors

PETALING JAYA : Museums in Malaysia have seen a steady surge in visitors, with 2,188,286 people recorded across the 22 federal museums in 2023, a significant increase from 1,464,463 visitors in 2022. The upward trend has continued into 2024, with 2,568,573 visitors. As of April 30 this year, the museums have welcomed 579,433 visitors, signalling a strong year ahead. These figures were provided by the Museums Department, highlighting a growing public interest in cultural and historical institutions, particularly the National Museum in Kuala Lumpur, which remains the most visited among locals and tourists. According to the department, one of the main draws of the National Museum is its role as a 'one-stop centre' offering a wide array of exhibitions that showcase Malaysia's rich cultural and historical heritage. 'Its strategic location, convenient access via public transport and alignment with the national school curriculum make it a popular choice for educators and students. 'Its strong brand recognition further cements its status as a premier cultural attraction.' The department attributed the rise in attendance to several key factors, including the National Unity Policy, which promotes patriotism and national identity through structured programmes. 'There are three main clusters that the museums aligned their programmes with under the National Unity Policy, namely igniting patriotism, fostering unity and komuniti rahmah (compassionate community), which serve as thematic guides for our museum initiatives.' A significant part of the appeal lies in the interactive, hands-on experiences offered by the museums. Many exhibits even feature tangible cultural artefacts. 'This physical connection to history has become a major draw, particularly through programmes such as Inspirasi Pelajar Inovasi Muzium, which offers students and educators the opportunity to engage directly with historical artefacts. 'These hands-on learning experiences complement formal education and serve as effective teaching aids to deepen understanding of Malaysia's rich history.' To broaden their appeal, museums have embraced a family-friendly 'edutainment' model, blending educational content with interactive experiences tailored for children and adults. 'They address contemporary issues, such as technology and the environment, appealing to younger audiences. Innovative exhibitions featuring cutting-edge digital technology help bridge the gap between traditional history and the modern digital age, making learning relevant and exciting.' To further support outreach, the department has partnered with several organisations, including Mr DIY, Fama, Chagee, Casa Chemical, Yayasan Al-Amin and Antong Coffee. 'These partnerships strengthen outreach efforts, and help enhance the quality and diversity of programmes offered.' As part of National Museum Day celebrations, 19 out of 22 federal museums opened their doors to the public free of charge on May 18. Speaking at the International Museums Day Seminar, National Unity Minister Datuk Aaron Ago Dagang reaffirmed the government's dedication to making museums more inclusive, sustainable and diverse. 'During an age in which technology permeates every facet of our lives, it is imperative that our cultural institutions evolve to meet the expectations and needs of the modern world. Digital transformation offers us the opportunity to preserve our rich heritage while making it accessible to a global audience. 'By integrating digital technologies, we could enhance the visitor experience, engage diverse communities and ensure our cultural narratives are preserved for future generations.' He urged museums to adopt innovations such as virtual and augmented reality, interactive digital exhibits, apps and online platforms while deepening community engagement and inclusivity. He added that the ministry is finalising the Museum Act, which would regulate museum activities nationwide. The Bill is expected to be tabled in parliament before the end of the year.

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