Latest news with #RM4.3mil
The Star
4 days ago
- Entertainment
- The Star
Kenneth Ma says part of his salary goes to wife Roxanne Tong & his parents
Hong Kong celebrity couple Kenneth Ma and Roxanne Tong are set to meet fans in Malaysia on June 28. Photo: Kenneth Ma/Instagram Hong Kong actor Kenneth Ma is booked and busy. Over the past few days, the 51-year-old has been on the go – attending a conference in Guangzhou, flying back to Hong Kong for the opening of an automotive company and then heading back to Guangzhou for a brand event. And there's no slowing down. Ma's slated to head to Shenzhen soon for the production of the highly anticipated Queen Of News Season Two, alongside acclaimed actress Charmaine Sheh. He's also holding a meet-and-greet alongside his wife, fellow TVB star Roxanne Tong, in Malaysia on June 28. In a recent interview with HK01, Ma expressed his gratitude for the steady stream of work coming his way in both Hong Kong and mainland China. Describing himself as a relatively cautious person, the actor said he likes to earn in advance and save for the future. 'Money is money. You never know what you might need it for in the future. The economy isn't doing well these days, so it's important to store up for rainy days,' he added. 'I believe money is meant to be spent. When the time comes to use it, you should (spend it wisely).' Ma also opened up about how he distributes his income, revealing that part of his salary goes to his wife while another portion is set aside for his parents. For the record, Ma was previously listed as the second highest-paid TVB actor in 2021, with an annual income of HK$8mil (RM4.3mil). 'Finding work in Hong Kong is very stressful. My dad has been retired for over 20 years. Both families also need support,' he said.
The Star
03-06-2025
- Business
- The Star
Kawan Food's revenue forecast to remain stable
PETALING JAYA: BIMB Research expects Kawan Food Bhd 's revenue to remain stable over the long-term with growth likely to be driven by strong demand for convenient, high-quality frozen food, particularly in key international markets. This will be supported by ongoing product innovation and improved distribution efforts, the research house said in a note to clients. Meanwhile, the group will continue to focus on strengthening its supply-chain resilience and broadening its product offerings. Despite short-term external headwinds, demand remains healthy, as reflected in the group's steady revenue from Malaysia and key export markets, the research house said. However, BIMB Research added that Kawan Food remains cautious given ongoing global volatility from geopolitical tensions and currency fluctuations. On the group's results for the first quarter of this year (1Q25) , the research house said Kawan Food's earnings came below its expectations, with core profit after tax and minority interest of RM4.3mil, which accounts for only 11% of the full-year forecast. Revenue declined by 12.6% year-on-year to RM70.5mil, primarily due to softer demand from export markets with Europe down 25.2% and North America down 52.8%. As a result BIMB Research cut Kawan Food's FY25 and FY26 earnings assumption by 13% and 8% to RM34.4il and RM41.3mil, respectively, to account lower revenue from the export market. It maintained a 'buy' call on the stock with a lower target price of RM1.70 from RM2 earlier.
The Star
02-05-2025
- The Star
Over RM4.3mil lost to online scams in Sandakan in first four months of the year
KOTA KINABALU: More than RM4.3mil was lost to 54 online scam cases in Sandakan district from January to April. A total of 170 online scam cases were reported in the district last year, involving losses amounting to RM23.06mil. Sandakan OCPD Asst Comm Ahsmon Bajah said the victims came from various walks of life, including professionals, business owners and retirees. "Most victims were aged between 31 and 50, and 61.11% were men," he said in a statement on Friday (May 2). He reminded the public to stay alert and avoid becoming mule account holders by handing over their bank details to third parties. 'If convicted, those involved can be investigated under Section 424 of the Penal Code, which carries a penalty of between RM10,000 and RM100,000 in fines, or a jail term of one to seven years, or both,' he said. Police have pledged to continue public education efforts to combat scam cases.
