Latest news with #RM4.65
The Star
36 minutes ago
- Business
- The Star
Actress-singer Fazura prefers to leave legal issues to lawyers; prefers to concentrate on new single composed by Indonesian ace Ade Govinda
KUALA LUMPUR: Nearly two months have passed since allegations emerged that the company owned by popular actress and entrepreneur Nur Fazura Sharifuddin failed to settle a RM4.65 million debt owed to a headscarf manufacturing factory. Despite being repeatedly pressed by the claimant as well as by netizens on social media to address the issue, the celebrity has remained silent, going about her daily life, including promoting her headscarves on social media. And on Saturday, she notched up a big step in her career after launching the music video of her latest single 'Luar Biasa' which is composed by ace Indonesian producer Ade Govinda. Speaking to reporters at a press conference after launching the music video Fazura, 41, said the lawsuit against her company is a confidential matter and has been handed over to her lawyers for further action. Fazura, who is also a singer and television host, said she preferred not to comment further as it involves two separate entities. "Honestly, there's nothing I can explain because we have to understand that I, Fazura, and the company are two different entities. Popular actress-singer Fazura (Nur Fazura Sharifuddin) with top Indonesian composer-singer Ade Govinda during the launching of her music video for her single -- Luar Biasa -- at Aurum @ The Exchange TRX. - Photo: Bernama "I can't comment on company matters as that is beyond my scope as an individual. The company is the company, and Fazura is me personally, that's the distinction. "So really, I can't say much about the company or whatever is going on. I've left all my company-related matters to my lawyers to take action," she said. Fazura made these remarks when asked by reporters to comment on the RM4.65 million lawsuit filed by a headscarf supplier against her company Pink Fate Sdn Bhd. Admitting that she is affected by the controversy, the 'Pisau Cukur' star actress said such issues are among the challenges any entrepreneur must face. "What haven't I gone through in the past eight months? Of course, I've been affected. I'm not someone without feelings but as an entrepreneur, I understand this is normal. I don't think it's necessary to explain, because outsiders may not understand and could twist the facts," she said. "I know the business I'm running isn't a small one and I'm confident all entrepreneurs out there will understand the challenges that come with being in the business world," she added. According to media reports early last month, headscarf manufacturer Obor Holding Sdn Bhd is taking legal action against Pink Fate for allegedly owing the company RM4.65 million. Obor Holding claimed that Pink Fate had only paid RM2.68 million out of the total RM7.3 million value of headscarves supplied since June 2022. - Bernama
The Star
an hour ago
- Entertainment
- The Star
Actress-singer Fazura prefers to leave legals issues to lawyers; prefers to concentrate on new single composed by Indonesian ace Ade Govinda
Popular actress-singer Fazura (Nur Fazura Sharifuddin) with top Indonesian composer-singer Ade Govinda during the launching of her music video for her single -- Luar Biasa -- at Aurum @ The Exchange TRX. - Photo: Bernama KUALA LUMPUR: Nearly two months have passed since allegations emerged that the company owned by popular actress and entrepreneur Nur Fazura Sharifuddin failed to settle a RM4.65 million debt owed to a headscarf manufacturing factory. Despite being repeatedly pressed by the claimant as well as by netizens on social media to address the issue, the celebrity has remained silent, going about her daily life, including promoting her headscarves on social media. And on Saturday, she notched up a big step in her career after launching the music video of her latest single 'Luar Biasa' which is composed by ace Indonesian producer Ade Govinda. Speaking to reporters at a press conference after launching the music video Fazura, 41, said the lawsuit against her company is a confidential matter and has been handed over to her lawyers for further action. Fazura, who is also a singer and television host, said she preferred not to comment further as it involves two separate entities. "Honestly, there's nothing I can explain because we have to understand that I, Fazura, and the company are two different entities. "I can't comment on company matters as that is beyond my scope as an individual. The company is the company, and Fazura is me personally, that's the distinction. "So really, I can't say much about the company or whatever is going on. I've left all my company-related matters to my lawyers to take action," she said. Fazura made these remarks when asked by reporters to comment on the RM4.65 million lawsuit filed by a headscarf supplier against her company Pink Fate Sdn Bhd. Admitting that she is affected by the controversy, the 'Pisau Cukur' star actress said such issues are among the challenges any entrepreneur must face. "What haven't I gone through in the past eight months? Of course, I've been affected. I'm not someone without feelings but as an entrepreneur, I understand this is normal. I don't think it's necessary to explain, because outsiders may not understand and could twist the facts," she said. "I know the business I'm running isn't a small one and I'm confident all entrepreneurs out there will understand the challenges that come with being in the business world," she added. According to media reports early last month, headscarf manufacturer Obor Holding Sdn Bhd is taking legal action against Pink Fate for allegedly owing the company RM4.65 million. Obor Holding claimed that Pink Fate had only paid RM2.68 million out of the total RM7.3 million value of headscarves supplied since June 2022. - Bernama
Malaysian Reserve
6 hours ago
- Business
- Malaysian Reserve
Lawsuit issue: Fazura leaves it to her lawyers
NEARLY two months have passed since allegations emerged that the company owned by popular actress and entrepreneur Nur Fazura Sharifuddin (picture) failed to settle a RM4.65 million debt owed to a headscarf manufacturing factory. Despite being repeatedly pressed by the claimant as well as by netizens on social media to address the issue, the celebrity has remained silent, going about her daily life, including promoting her headscarves on social media. Speaking to reporters at a press conference after launching the music video of her latest single 'Luar Biasa' here last night, Fazura, 41, said the lawsuit against her company is a confidential matter and has been handed over to her lawyers for further action. Fazura, who is also a singer and television host, said she preferred not to comment further as it involves two separate entities. 'Honestly, there's nothing I can explain because we have to understand that I, Fazura, and the company are two different entities. I can't comment on company matters as that is beyond my scope as an individual. The company is the company, and Fazura is me personally, that's the distinction. 'So really, I can't say much about the company or whatever is going on. I've left all my company-related matters to my lawyers to take action,' she said. Fazura made these remarks when asked by reporters to comment on the RM4.65 million lawsuit filed by a headscarf supplier against her company Pink Fate Sdn Bhd. Admitting that she is affected by the controversy, the 'Pisau Cukur' star said such issues are among the challenges any entrepreneur must face. 'What haven't I gone through in the past eight months? Of course, I've been affected. I'm not someone without feelings but as an entrepreneur, I understand this is normal. I don't think it's necessary to explain, because outsiders may not understand and could twist the facts,' she said. 'I know the business I'm running isn't a small one and I'm confident all entrepreneurs out there will understand the challenges that come with being in the business world,' she added. According to media reports early last month, headscarf manufacturer Obor Holding Sdn Bhd is taking legal action against Pink Fate for allegedly owing the company RM4.65 million. Obor Holding claimed that Pink Fate had only paid RM2.68 million out of the total RM7.3 million value of headscarves supplied since June 2022. — BERNAMA
Daily Express
6 hours ago
- Business
- Daily Express
Lawsuit issue: Fazura leaves it to her lawyers
Published on: Saturday, June 21, 2025 Published on: Sat, Jun 21, 2025 By: Bernama Text Size: KUALA LUMPUR: Nearly two months have passed since allegations emerged that the company owned by popular actress and entrepreneur Nur Fazura Sharifuddin ( pic ) failed to settle a RM4.65 million debt owed to a headscarf manufacturing factory. Despite being repeatedly pressed by the claimant as well as by netizens on social media to address the issue, the celebrity has remained silent, going about her daily life, including promoting her headscarves on social media. Speaking to reporters at a press conference after launching the music video of her latest single 'Luar Biasa' here last night, Fazura, 41, said the lawsuit against her company is a confidential matter and has been handed over to her lawyers for further action. Fazura, who is also a singer and television host, said she preferred not to comment further as it involves two separate entities. "Honestly, there's nothing I can explain because we have to understand that I, Fazura, and the company are two different entities. I can't comment on company matters as that is beyond my scope as an individual. The company is the company, and Fazura is me personally, that's the distinction. "So really, I can't say much about the company or whatever is going on. I've left all my company-related matters to my lawyers to take action," she said. Fazura made these remarks when asked by reporters to comment on the RM4.65 million lawsuit filed by a headscarf supplier against her company Pink Fate Sdn Bhd. Advertisement Admitting that she is affected by the controversy, the 'Pisau Cukur' star said such issues are among the challenges any entrepreneur must face. "What haven't I gone through in the past eight months? Of course, I've been affected. I'm not someone without feelings but as an entrepreneur, I understand this is normal. I don't think it's necessary to explain, because outsiders may not understand and could twist the facts," she said. "I know the business I'm running isn't a small one and I'm confident all entrepreneurs out there will understand the challenges that come with being in the business world," she added. According to media reports early last month, headscarf manufacturer Obor Holding Sdn Bhd is taking legal action against Pink Fate for allegedly owing the company RM4.65 million. Obor Holding claimed that Pink Fate had only paid RM2.68 million out of the total RM7.3 million value of headscarves supplied since June 2022. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
New Straits Times
26-05-2025
- Business
- New Straits Times
AmBank posts 7.1pct higher net profit to RM2.0bil for FY25, paying 30.2 sen dividend
KUALA LUMPUR: AMMB Holdings Bhd (AmBank Group) closed its financial year ended March 31 2025 (FY25) with a 7.1 per cent net profit growth year-on-year to RM2.0 billion from RM1.87 billion previously. This was on the back of a higher net income of RM4.93 billion from RM4.65 billion in FY24, said AmBank Group in a statement today. The group posted a net profit of RM513.93 million in the final quarter, up from RM476.54 million a year ago. Its revenue during the fourth quarter (Q4) rose to RM1.28 billion from RM1.17 billion in Q4FY24, while earnings per share climbed to 15.55 sen from 14.41 sen previously. AmBank Group chief executive officer Jamie Ling said: "We are pleased to report a strong close to the first year of our WT29 strategy. "With our capital position solid, we increased our total cash dividend to RM1.0 billion. This reflects our confidence as we continue to build our businesses from a position of strength," he added. The group proposed a final dividend of 19.9 sen per share for the fourth quarter (Q4) of FY25. Together with the interim dividend of 10.3 sen per share declared in Q2, total dividends for FY25 amounted to 30.2 sen per share, up 34 per cent YoY with a dividend payout ratio of 50 per cent AmBank's net interest income grew 8.0 per cent YoY to RM3.57 billion, with a 15-basis point expansion in net interest margin to 1.94 per cent. Its non-interest income grew 1.3 per cent YoY to RM1.36 billion with continuing operations income up 5.3 per cent YoY. AmBank said a broad-based growth in fee income was achieved across business banking, retail wealth management, funds, stockbroking, private banking and equity capital markets and from insurance. This was partially offset by lower trading gains from group treasury and markets. The group's total gross loans, advances and financing grew 3.5 per cent YoY to RM138.9 billion (FY24: RM134.1 billion) mainly driven by business banking (up RM5.4 billion or 12.4 per cent YoY) and wholesale banking (up RM1.3 billion or 6.8 per cent YoY). This was partially offset by lower loans growth in retail banking (down RM1.4 billion or 2.1 per cent YoY). Its total customer deposits fell 0.6 per cent YoY to RM141.5 billion, while total expenses increased 7.1 per cent YoY to RM2.2 billion, with cost-to-income ratio of 44.6 per cent. The group's net impairment charges dropped to RM143.9 million (FY24: RM769.7 million), on the back of improved expected credit loss calculations for loans classified as Stage 3 (or ECL S3) flow rates and writeback of forward-looking provision. In the corresponding period in FY24, forward looking charges as well as a one-off credit impairment overlay and intangible assets impairment charges were recorded. That year, the group recorded a one-off charge of RM520.2 million (RM402.5 million, net of corporate tax) comprising additional credit impairment overlay of RM328.2 million, impairment of intangible assets of RM111.9 million and RM80.0 million for restructuring expenses. On its prospects, Ling said the geopolitical tensions have heightened following the US reciprocal tariffs. This has caused significant volatilities in the financial markets globally. While trade negotiations are ongoing between the US and other nations, it remains uncertain how quickly these negotiations can be concluded, he added. "Coupled with new conflicts emerging in South Asia, these combined uncertainties will inevitably impact business and consumer confidence, translating into potentially slower economic growth. "Against this economic backdrop, the group will continue to proactively manage our risk profiles and capitalise on the opportunities we see," Ling said.
