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The Sun
25-05-2025
- Business
- The Sun
KPDN records seizure amounting more than RM700,000 in Terengganu from January until yesterday
KUALA TERENGGANU: The Terengganu Enforcement Division of the Ministry of Domestic Trade and Cost of Living (KPDN) has recorded seizures worth RM725,439.86 involving 338 cases for various offences from Jan 1 to yesterday. Its director, Mufsi Lat, said the cases were recorded during inspections at 9,738 premises, including retail shops, supermarkets and wholesale premises in the state. He said they over the past three years, the results of enforcement actions have shown very encouraging developments. 'In 2024, the value of seizures amounted to RM3.96 million compared to RM997,059.69 in 2023. The value of fines also jumped from RM6,000 in 2023 to RM102,500 in 2024. This indicates that enforcement is now more focused and has succeeded in cracking down on high-value embezzlement cases,' he said at the state-level 53rd KPDN Enforcement Day Celebration here today. The event was opened by the ministry's Deputy Director General of Enforcement (Prevention), Aris Mamat. Mohd Mufsi said that apart from that, the KPDN enforcement division in Terengganu also conducted inspections on 293 premises under Ops Tiris and 186 premises under Ops Gasak during the same period. 'For Ops Tiris, we recorded four cases with seizures amounting to RM431,437.60, while for Ops Gasak, seven cases were recorded with the value of seizures amounting to RM68,065.70,' he said.
The Sun
25-05-2025
- Business
- The Sun
KPDN records seizure amounting more than RM700,000
KUALA TERENGGANU: The Terengganu Enforcement Division of the Ministry of Domestic Trade and Cost of Living (KPDN) has recorded seizures worth RM725,439.86 involving 338 cases for various offences from Jan 1 to yesterday. Its director, Mufsi Lat, said the cases were recorded during inspections at 9,738 premises, including retail shops, supermarkets and wholesale premises in the state. He said they over the past three years, the results of enforcement actions have shown very encouraging developments. 'In 2024, the value of seizures amounted to RM3.96 million compared to RM997,059.69 in 2023. The value of fines also jumped from RM6,000 in 2023 to RM102,500 in 2024. This indicates that enforcement is now more focused and has succeeded in cracking down on high-value embezzlement cases,' he said at the state-level 53rd KPDN Enforcement Day Celebration here today. The event was opened by the ministry's Deputy Director General of Enforcement (Prevention), Aris Mamat. Mohd Mufsi said that apart from that, the KPDN enforcement division in Terengganu also conducted inspections on 293 premises under Ops Tiris and 186 premises under Ops Gasak during the same period. 'For Ops Tiris, we recorded four cases with seizures amounting to RM431,437.60, while for Ops Gasak, seven cases were recorded with the value of seizures amounting to RM68,065.70,' he said.
Barnama
25-05-2025
- Business
- Barnama
KPDN Records Seizure Amounting More Than RM700,000 In Terengganu From January Until Yesterday
KUALA TERENGGANU, May 25 (Bernama) -- The Terengganu Enforcement Division of the Ministry of Domestic Trade and Cost of Living (KPDN) has recorded seizures worth RM725,439.86 involving 338 cases for various offences from Jan 1 to yesterday. Its director, Mufsi Lat, said the cases were recorded during inspections at 9,738 premises, including retail shops, supermarkets and wholesale premises in the state. He said they over the past three years, the results of enforcement actions have shown very encouraging developments. "In 2024, the value of seizures amounted to RM3.96 million compared to RM997,059.69 in 2023. The value of fines also jumped from RM6,000 in 2023 to RM102,500 in 2024. This indicates that enforcement is now more focused and has succeeded in cracking down on high-value embezzlement cases," he said at the state-level 53rd KPDN Enforcement Day Celebration here today. The event was opened by the ministry's Deputy Director General of Enforcement (Prevention), Aris Mamat. Mohd Mufsi said that apart from that, the KPDN enforcement division in Terengganu also conducted inspections on 293 premises under Ops Tiris and 186 premises under Ops Gasak during the same period. "For Ops Tiris, we recorded four cases with seizures amounting to RM431,437.60, while for Ops Gasak, seven cases were recorded with the value of seizures amounting to RM68,065.70," he said. -- BERNAMA
The Sun
19-05-2025
- Business
- The Sun
TFST revives 166 private housing projects worth over RM11 bln as of April
PUTRAJAYA: The Task Force on Sick and Abandoned Private Housing Projects (TFST) has revived 166 private housing projects, involving 19,205 houses, with a combined gross development value (GDV) of RM11.58 billion from Jan 1 to April 30 this year. Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu said that of the total, 49 projects were revived from April 1-30, covering 7,413 houses with a GDV of RM3.96 billion. 'Of the 49 projects that were successfully tackled in April, 45 projects received their Certificate of Completion and Compliance (CCC) while four have resumed smooth progress,' she said in a statement after chairing TFST Meeting No 3/2025 today. He added that as of April 30, the TFST had identified and monitored 233 delayed private housing projects, 339 sick projects and 114 abandoned projects nationwide. For comparison, the TFST identified and monitored 360 sick projects and 267 delayed projects as of March 31. 'Overall, the delayed, sick and abandoned private housing projects involved a GDV of RM101.98 billion, comprising 119,964 houses,' she said. She added that the TFST will continue to play a key role as a solution platform in addressing problematic private housing project issues by proposing effective solutions to protect the interests of buyers.
The Sun
19-05-2025
- Business
- The Sun
TFST revives 166 housing projects worth over RM11b as of April
PUTRAJAYA: The Task Force on Sick and Abandoned Private Housing Projects (TFST) has revived 166 private housing projects, involving 19,205 houses, with a combined gross development value (GDV) of RM11.58 billion from Jan 1 to April 30 this year. Deputy Minister of Housing and Local Government Datuk Aiman Athirah Sabu said that of the total, 49 projects were revived from April 1-30, covering 7,413 houses with a GDV of RM3.96 billion. 'Of the 49 projects that were successfully tackled in April, 45 projects received their Certificate of Completion and Compliance (CCC) while four have resumed smooth progress,' she said in a statement after chairing TFST Meeting No 3/2025 today. He added that as of April 30, the TFST had identified and monitored 233 delayed private housing projects, 339 sick projects and 114 abandoned projects nationwide. For comparison, the TFST identified and monitored 360 sick projects and 267 delayed projects as of March 31. 'Overall, the delayed, sick and abandoned private housing projects involved a GDV of RM101.98 billion, comprising 119,964 houses,' she said. She added that the TFST will continue to play a key role as a solution platform in addressing problematic private housing project issues by proposing effective solutions to protect the interests of buyers.
