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New Straits Times
7 days ago
- Health
- New Straits Times
Over RM250mil allocated to upgrade Lumut navy base, including military hospital and jetty
LUMUT: Prime Minister Datuk Seri Anwar Ibrahim today announced several project allocations approved for the Royal Malaysian Navy (RMN) Base in Lumut, aimed at improving the well-being and welfare of security personnel. He said RM65 million has been allocated for the construction of a specialist clinic complex and the upgrading of the armed forces hospital at the base. Also approved are several key infrastructure projects, including the upgrading of the 33kV high-voltage distribution system, with an allocation of RM100 million; the replacement of the Bulk Fuel Installation (BFI) operational tanks at RM23.3 million; and the upgrading of the operational jetty at the Lumut base, allocated RM66.5 million. "I urge the state secretary present here to immediately implement the construction of the specialist clinic complex and the upgrading of the Lumut armed forces hospital, for the well-being of RMN personnel," he said. Anwar said this during the Lumut navy personnel's 'Kenduri Rakyat' programme, held in conjunction with the Perak Madani Rakyat Programme (PMR) 2025, here, today. Also present were Communications Minister Datuk Fahmi Fadzil and Navy chief Datuk Zulhelmy Ithnain.
The Sun
7 days ago
- Business
- The Sun
PM Anwar announces project allocations to boost well-being of Lumut RMN personnel
LUMUT: Prime Minister Datuk Seri Anwar Ibrahim today announced several project allocations approved for the Royal Malaysian Navy (RMN) Base in Lumut, aimed at improving the well-being and welfare of security personnel. He said RM65 million has been allocated for the construction of a specialist clinic complex and the upgrading of the Malaysian Armed Forces (ATM) Hospital at the base. Also approved are several key infrastructure projects, including the upgrading of the 33kV high-voltage distribution system, with an allocation of RM100 million; the replacement of the Bulk Fuel Installation (BFI) operational tanks at RM23.3 million; and the upgrading of the operational jetty at the Lumut Base, allocated RM66.5 million. 'I urge the State Secretary present here to immediately implement the construction of the specialist clinic complex and the upgrading of the Lumut ATM Hospital, for the well-being of RMN personnel,' he said. Anwar said this during the Lumut navy personnel's 'Kenduri Rakyat' programme, held in conjunction with the Perak MADANI Rakyat Programme (PMR) 2025, here, today. Also present were Communications Minister, Datuk Fahmi Fadzil and Navy chief, Datuk Zulhelmy Ithnain. -- MORE
Barnama
7 days ago
- Business
- Barnama
PM Anwar Announces Project Allocations To Boost Well-Being Of Lumut RMN Personnel
LUMUT, June 15 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim today announced several project allocations approved for the Royal Malaysian Navy (RMN) Base in Lumut, aimed at improving the well-being and welfare of security personnel. He said RM65 million has been allocated for the construction of a specialist clinic complex and the upgrading of the Malaysian Armed Forces (ATM) Hospital at the base. Also approved are several key infrastructure projects, including the upgrading of the 33kV high-voltage distribution system, with an allocation of RM100 million; the replacement of the Bulk Fuel Installation (BFI) operational tanks at RM23.3 million; and the upgrading of the operational jetty at the Lumut Base, allocated RM66.5 million.
The Sun
7 days ago
- Business
- The Sun
Project allocations to boost well-being of Lumut RMN personnel
LUMUT: Prime Minister Datuk Seri Anwar Ibrahim today announced several project allocations approved for the Royal Malaysian Navy (RMN) Base in Lumut, aimed at improving the well-being and welfare of security personnel. He said RM65 million has been allocated for the construction of a specialist clinic complex and the upgrading of the Malaysian Armed Forces (ATM) Hospital at the base. Also approved are several key infrastructure projects, including the upgrading of the 33kV high-voltage distribution system, with an allocation of RM100 million; the replacement of the Bulk Fuel Installation (BFI) operational tanks at RM23.3 million; and the upgrading of the operational jetty at the Lumut Base, allocated RM66.5 million. 'I urge the State Secretary present here to immediately implement the construction of the specialist clinic complex and the upgrading of the Lumut ATM Hospital, for the well-being of RMN personnel,' he said. Anwar said this during the Lumut navy personnel's 'Kenduri Rakyat' programme, held in conjunction with the Perak MADANI Rakyat Programme (PMR) 2025, here, today. Also present were Communications Minister, Datuk Fahmi Fadzil and Navy chief, Datuk Zulhelmy Ithnain. -- MORE
New Straits Times
29-05-2025
- Business
- New Straits Times
FGV's Q1 profit misses expectations despite higher FFB output, says HLIB
KUALA LUMPUR: FGV Holdings Bhd's first quarter (Q1) 2025 net profit fell below the analyst's expectation, said Hong Leong Investment Bank Bhd (HLIB). "The company's Q1 2025 net profit of RM23.3 million fell short of expectations, accounting for only 7.2 per cent and 7.7 per cent of consensus and the firm's full-year estimates, respectively," the bank said. Despite facing less-than-favourable weather conditions, HLIB said FGV's fourth month of 2025 (4M25) FFB output growth of 12.7 per cent beat Malaysia's fresh fruit bunch (FFB) output growth of -1.0 per cent during the same period, and management attributed the stark productivity improvement to enhanced estate practices and better labour availability. Given the strong FFB output achieved year to date (YTD), management raised its FY25 FFB output growth guidance to eight to 10 per cent (from five to eight per cent earlier). On its CPO production cost guidance, HLIB said despite improved productivity, FGV's ex-mill CPO production cost increased by 5 per cent to RM3,040 per metric tonne (mt) in Q1 2025, due to higher harvesting, transportation and manuring costs. "FGV anticipates such cost to ease to less than RM2,700 per mt for the full year, mainly on the back of lower fertiliser cost," it said. Overall, HLIB has cut its financial year 2025 (FY25) to FY27 net profit forecasts by 22.1 per cent/16.2 per cent/15.9 per cent, mainly to account for lower FFB milling and oils & fats margin assumptions. "Maintain Hold rating, with an unchanged target price of RM1.30 (i.e., FELDA's latest takeover offer price)," it added.
