Empowered by and tethered to ubiquitous technologies, the current generation of youth yearns for opportunities to engage in self-expression and information sharing online with personal disclosure no longer governed by concepts of propriety and privacy. This raises issues about the unsafe online activities of teens and young adults. The following paper presents the findings of a study examining the social networking activities of undergraduate students and also highlights a program to increase awareness of the dangers and safe practices when using and communicating, via social media. According to the survey results, young adults practice risky social networking site (SNS) behaviors with most having experienced at least one negative consequence. Further, females were more likely than males to engage in oversharing as well as to have experienced negative consequences. Finally, results of a post-treatment survey found that a targeted program that includes flyers, posters, YouTube videos, handouts, and in-class information sessions conducted at a Mid-Atlantic Historically Black College or University (HBCU) increased student awareness of the dangers of social media as well as positively influenced students to practice more prudent online behaviors.

This paper reports on a case study of a group of six non-native English speaking migrant women’s experiences learning English vocabulary in a mobile assisted language learning (MALL) environment at a small community centre in Western Australia. A sociocultural approach to learning vocabulary was adopted in designing the MALL lessons that the women undertook. The women provided demographic information, responded to questions in a pre-MALL semi-structured interview, attended the MALL lessons, and completed a post-MALL semi-structured interview. This study explores the sociocultural factors that affect migrant women’s language learning in general, and vocabulary in particular. The women’s responses to MALL lessons and using the tablet reveal a positive effect in their vocabulary learning.

Aim/Purpose: To develop a framework for utilizing Mobile Assisted Language Learning (MALL) to assist non-native English migrant women to acquire English vocabulary in a non-formal learning setting. Background: The women in this study migrated to Australia with varied backgrounds including voluntary or forced migration, very low to high levels of their first language (L1), low proficiency in English, and isolated fulltime stay-at-home mothers. Methodology: A case study method using semi-structured interviews and observations was used. Six migrant women learners attended a minimum of five non-MALL sessions and three participants continued on and attended a minimum of five MALL sessions. Participants were interviewed pre- and post-sessions. Data were analysed thematically. Contribution: The MALL framework is capable of enriching migrant women’s learning experience and vocabulary acquisition. Findings: Vocabulary acquisition occurred in women from both non-MALL and MALL environment; however, the MALL environment provided significantly enriched vocabulary learning experience. Future Research: A standardised approach to measure the effectiveness of MALL for vocabulary acquisition among migrant women in non-formal setting

This study investigates the skill sets necessary for entry level systems analysts. Towards this end, the study combines two sources of data, namely, a content analysis of 200 systems analysts’ online job advertisements and a survey of 20 senior Information Systems (IS) professionals. Based on Chi-square tests, the results reveal that most employers prefer entry level systems analysts with an undergraduate Computer Science degree. Furthermore, most of the employers prefer entry level systems analysts to have some years of experience as well as industry certifications. The results also reveal that there is a higher preference for entry level systems analysts who have non-technical and people skills (e.g., problem solving and oral communication). The empirical results from this study will inform IS educators as they develop future systems analysts. Additionally, the results will be useful to the aspiring systems analysts who need to make sure that they have the necessary job skills before graduating and entering the labor market.

The following definition of “option” is given in Wikipedia - “In finance, an option is a contract, which gives the buyer (the owner or holder) the right, but not the obligation, to buy or sell an underlying asset or instrument at a specified strike price on or before a specified date, depending on the form of the option” (“Option,” n.d.). Option as a risk management (mitigation) tool is broadly used in finance and trade. At the same time, it introduces asymmetry in the sense that, probabilistically, it limits the level of losses (e.g., the price of the option) and allows for unlimited gains. In the market of sophisticated devices (as smart phones, tablets, etc.), where technologies are rapidly advancing, customers usually do not have the experience to use all features of the device at the time of the purchase. Due to the lack of appropriate expertise, the risk of misinforming, leading to not purchasing the “right” device is high, but given enough time to learn the capabilities of the device and map these to the needs and tasks that device will be used for, could provide the client with substantial long term benefits. Warranty of misinforming is a mechanism that provides the client with the opportunity to explore the device and master its features under limited risk of financial losses. Thus, the warranty of misinforming could be considered as an option - the custom-ers buy it (at a fixed cost) and may gain (theoretically) unlimited benefit by realizing (within the terms of the warranty) that the device can be used to solve a variety of problems not envisaged at the time of purchase. In this study we present the idea of treating the warranty of misinforming as an option in finances and provide examples to illustrate our viewpoint.

Aim/Purpose: The paper explores the success of KGB Operation SIG to incite hatred and create chaos against a democracy Background: About 50 years ago, the KGB created the means to create upheaval in the Mid-dle East. This paper explores one such campaign and its successor campaign, revealing some disinformation techniques in use today. Methodology: The paper brings together literature from many fields in its exploration of Op-eration SIG. Contribution: The paper reveals the role of the KGB in the PLO’s campaign to replace Israel with an Arab Muslim state and the PLO and Hamas’s successor disinformation mechanisms Findings: Operation SIG is an early and extremely successful example of the Sovi-et/Russian campaign to disrupt democracy. Recommendation for Researchers: The recurrence of antisemitism, particularly on campus, can be attributed to Operation SIG.

Nan WU,Xiaocong LAI,Mei CHEN,Ying PAN, Vol.E107-D, No.11, pp.1433-1443
With the development of the Semantic Web, an increasing number of researchers are utilizing ontology technology to construct domain ontology. Since there is no unified construction standard, ontology heterogeneity occurs. The ontology matching method can fuse heterogeneous ontologies, which realizes the interoperability between knowledge and associates to more relevant semantic information. In the case of differences between ontologies, how to reduce false matching and unsuccessful matching is a critical problem to be solved. Moreover, as the number of ontologies increases, the semantic relationship between ontologies becomes increasingly complex. Nevertheless, the current methods that solely find the similarity of names between concepts are no longer sufficient. Consequently, this paper proposes an ontology matching method based on semantic association. Accurate matching pairs are discovered by existing semantic knowledge, and then the potential semantic associations between concepts are mined according to the characteristics of the contextual structure. The matching method can better carry out matching work based on reliable knowledge. In addition, this paper introduces a probabilistic logic repair method, which can detect and repair the conflict of matching results, to enhance the availability and reliability of matching results. The experimental results show that the proposed method effectively improves the quality of matching between ontologies and saves time on repairing incorrect matching pairs. Besides, compared with the existing ontology matching systems, the proposed method has better stability.
Publication Date: 2024/11/01

Zhigang WU,Yaohui ZHU, Vol.E107-D, No.11, pp.1385-1395
This article focuses on improving the BiSeNet v2 bilateral branch image segmentation network structure, enhancing its learning ability for spatial details and overall image segmentation accuracy. A modified network called “BiconvNet” is proposed. Firstly, to extract shallow spatial details more effectively, a parallel concatenated strip and dilated (PCSD) convolution module is proposed and used to extract local features and surrounding contextual features in the detail branch. Continuing on, the semantic branch is reconstructed using the lightweight capability of depth separable convolution and high performance of ConvNet, in order to enable more efficient learning of deep advanced semantic features. Finally, fine-tuning is performed on the bilateral guidance aggregation layer of BiSeNet v2, enabling better fusion of the feature maps output by the detail branch and semantic branch. The experimental part discusses the contribution of stripe convolution and different sizes of empty convolution to image segmentation accuracy, and compares them with common convolutions such as Conv2d convolution, CG convolution and CCA convolution. The experiment proves that the PCSD convolution module proposed in this paper has the highest segmentation accuracy in all categories of the Cityscapes dataset compared with common convolutions. BiConvNet achieved a 9.39% accuracy improvement over the BiSeNet v2 network, with only a slight increase of 1.18M in model parameters. A mIoU accuracy of 68.75% was achieved on the validation set. Furthermore, through comparative experiments with commonly used autonomous driving image segmentation algorithms in recent years, BiConvNet demonstrates strong competitive advantages in segmentation accuracy on the Cityscapes and BDD100K datasets.
Publication Date: 2024/11/01

Research growth in organisational behaviour research, has increased the importance of paying attention to anti-citizenship behaviours. The current research with the aim of quantitative combination, has examined the results of research in effect of underlying factors of organisational anti-citizenship behaviours using meta-analysis method and CMA2 software and 55 articles during the time period of 2000-2020. The results showed a positive significant link between underlying factors of organisational anti-citizenship behaviours and occurrence of these behaviours and this influence was 0.389, 0.338, 0514 and 0.498 (structural, organisational, managerial, employment and professional and socio-economic and cultural factors). The level of connection found relating to each four occurrences is '68 links, 49 links, 93 links and 71 links'. Findings indicate that minute attention has been paid to organisational anti-citizenship behaviours, especially to job and professional factors in research works. Research should be conducted to control and manage these behaviours more purposefully in organisations.

Reinforcement Quantum Annealing: A Quantum-Assisted Learning Automata Approach We introduce the reinforcement quantum annealing (RQA) scheme in which an intelligent agent interacts with a quantum annealer that plays the stochastic environment role of learning automata and tries to iteratively find better Ising Hamiltonians for the given problem of interest. As a proof-of-concept, we propose a […]

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Results using the reinforcement learning technique on two SAT benchmarks using a D-Wave 2000Q quantum processor showed significantly better solutions with fewer samples compared to the best-known quantum annealing techniques.

The post Paper: Reinforcement Quantum Annealing: A Hybrid Quantum Learning Automata appeared first on UMBC ebiquity.

Programmatic Guaranteed vs. PMP Deciding between Programmatic Guaranteed and PMP (Private Marketplace) deals? Programmatic advertising has revolutionized digital advertising by using advanced technology and data to streamline the buying and selling of digital ad space. Unlike traditional methods, programmatic buying enables advertisers to target audiences more effectively and distribute ads on a large [...]

We consider how social and psychological connections among CEOs explain the propensity for corporate leaders to distance themselves socially from journalists who engage in negative reporting about firm leadership at other companies, and we examine the consequences for the valence of journalists' subsequent coverage. Our theoretical framework suggests that journalists who have engaged in negative coverage of a firm's leadership and strategy are especially likely to experience distancing from other leaders who (i) have friendship ties to the firm's CEO, (ii) are demographically similar to the CEO on salient dimensions, or (iii) are socially identified with the CEO as a fellow member of the corporate elite. Our theory and findings ultimately suggest that, due to the multiple sources of social identification between CEOs, journalists who engage in negative coverage of firm leadership tend to experience social distancing from multiple CEOs, and such distancing has a powerful influence on the valence of journalists' subsequent reporting about firm leadership and strategy across all the firms that they cover. We also extend our theoretical framework to suggest how the effect of social distancing on the valence of journalists' coverage is moderated by the early and late stages of a journalist's career.

Beside making organizations look like their peers through the adoption of similar attributes (which we call alignment), this paper highlights the fact that conformity also enables organizations to stand out by exhibiting highly salient attributes key to their field or industry (which we call conventionality). Building on the conformity and status literatures, and using the case of major U.S. symphony orchestras and the changes in their concert programing between 1879 and 1969, we hypothesize and find that middle-status organizations are more aligned, and middle-status individual leaders make more conventional choices than their low- and high-status peers. In addition, the extent to which middle-status leaders adopt conventional programming is moderated by the status of the organization and by its level of alignment. This paper offers a novel theory and operationalization of organizational conformity, and contributes to the literature on status effects, and more broadly to the understanding of the key issues of distinctiveness and conformity.

A key finding in the literature on industry evolution and strategy is that knowledge "inherited" from the founder's previous employer can be an important source of a new firm's capabilities. We analyze the conditions under which knowledge that is useful for carrying out a key value chain activity is inherited, and explore the mechanism through which such an inheritance shapes an entrant's strategies and, in the process, influences its performance. Evidence from the early U.S. auto industry indicates that employee spinoffs generated from incumbents that had integrated a key value chain activity were also more likely to integrate that activity than other entrants, which, we suggest, reflects the application of knowledge inheritance relative to that activity. Moreover, we find that the integration of this key activity, stimulated by knowledge inheritance, contributed to the establishment of defensible strategic positioning, thereby enhancing the survival duration of inheriting spinoffs. We thus link together the phenomena of knowledge inheritance, vertical integration, and strategic positioning to explain entrant performance. These three phenomena tend to be treated disparately in the literature, rather than in combination.

Drawing on resource drain theory, we introduce self-regulatory resource (ego) depletion stemming from family-to-work conflict (FWC) as an alternative theoretical perspective on why supervisors behave abusively toward subordinates. Our two-study examination of a cross-domain antecedent of abusive supervision stands in contrast to prior research, which has focused primarily on work-related factors that influence abusive supervision. Further, our investigation shows how ego depletion is proximally related to abusive supervision. In the first study, conducted at a Fortune 500 company and designed as a lagged survey study, we found that after controlling for alternative theoretical mechanisms, supervisors who experience FWC display more abusive behaviors toward subordinates, and that this relationship was stronger for female supervisors and for supervisors who operate in environments with greater situation-control. These results were then replicated and expanded in an experience sampling study using a multi-organization sample of supervisors. This allowed us to study the FWC-abusive supervision relationship as it emerges on a day-to-day basis and to examine ego depletion as an explanatory mechanism. Consistent with our hypotheses, we found that FWC is associated with abusive supervision, ego depletion acts as a mediator of the FWC-abusive supervision relationship, and that gender and situation-control serve as moderators.

Stinger is a quick and installation-free standalone tool for detecting and removing prevalent malware and threats, ideal if your PC is already infected. While not a replacement for full fledged antivirus software, Stinger is updated multiple times a ...

For advocates of universal gun rights, this debate represents a fundamental question about the nature of the Second Amendment: is it an American right or a human right?

Trump, should immediately remove Dettelbach from office, fire every ATF employee and disband the entire rouge department. @ATFHQ

The gun prohibition lobby is promising to double-down its efforts to push through more restrictive gun laws in the wake of Donald Trump's momentous election victory.

MALAYSIAN consumer associations have been around since the 1960s. However, today we have few that are active and serve consumer interest.

They should continue to fight for consumer rights nationwide and address issues that require better consumer education, stronger laws and enhanced regulatory frameworks, especially in commerce.

Many of these associations face several challenges when it comes to consumer protection, despite existing legal frameworks such as the Consumer Protection Act 1999. The main issues stem from a combination of factors, including:

Limited awareness: Many consumers are not fully aware of their rights under consumer protection laws. This lack of awareness leads to consumers not filing complaints or pursuing justice when their rights are violated.

Weak enforcement: While there are laws in place, the enforcement of these laws can be inconsistent. Regulatory agencies sometimes lack the resources or the will to take effective action against businesses that violate consumer rights.

Online transactions: With the rise of e-commerce, there have been increasing complaints about fraud, counterfeit goods and scams. Consumer protection laws are still catching up to fully address issues arising from online transactions, leaving many consumers vulnerable.

Delayed resolutions: Consumers often face long wait-times when filing complaints or seeking compensation. Dispute resolution mechanisms can be slow, which discourages consumers from pursuing complaints.

Misleading advertisements: There have been cases of misleading or false advertising where consumers end up buying products or services that do not meet expectations. The penalties for businesses engaging in such practices are not always strong enough to act as a deterrent.

Price gouging: In certain industries, especially during times of crisis, for example, the Covid-19 pandemic, price gouging can be a significant issue, with some businesses exploiting consumers by drastically raising prices on essential goods.

The government also has a duty to see that consumer associations function as they should and continue to stay active, and that they are fully supported.

Consumers should take action to defend their rights and ensure they are not violated while pursuing consumer protection.

Bulbir is a former president of the Negeri Sembilan Consumers Association. Comments: letters@thesundaily.com

LONDON: The Archbishop of Canterbury Justin Welby resigned on Tuesday, saying he stepped down “in sorrow” after failing to ensure there was a proper investigation into allegations of abuse by a volunteer at Christian summer camps decades ago.

Welby, the spiritual leader of 85 million Anglicans worldwide, had faced calls to resign after a report last week found he had taken insufficient action to stop a person it described as arguably the Church of England’s most prolific serial abuser.

“Having sought the gracious permission of His Majesty The King, I have decided to resign as Archbishop of Canterbury,“ Welby said in a statement.

“I hope this decision makes clear how seriously the Church of England understands the need for change and our profound commitment to creating a safer church. As I step down I do so in sorrow with all victims and survivors of abuse.”

KOTA BHARU: Police have confirmed that the whistleblower who sent an open letter to the Yang di-Pertuan Agong regarding allegations of corruption in Sabah has received death threats.

Inspector-General of Police Tan Sri Razarudin Husain said the case is being investigated by the Bukit Aman Classified Crime Investigation Unit under Section 507 of the Penal Code, which addresses criminal intimidation through anonymous communication.

The 36-year-old male informant received a threatening call via WhatsApp from an unknown number.

“During the call, the suspect, believed to be a local man, threatened the informant in Mandarin, claiming to be from a hitman group and demanding the informant stay silent.

“The suspect warned that if the informant did not comply, he would be killed within 24 hours and called it a final warning,” Razarudin told Bernama today.

Razarudin said the suspect also sent two images, one of a pistol with ammunition and another showing a person shot in the street.

The informant expressed deep fear for his own safety and that of his family, he said.

“After receiving the WhatsApp message, the informant reported the incident and blocked the number. Since then, no further threats have been made,” Razarudin said, adding that the informant initially suspected that the phone number might belong to a scammer or was dialed incorrectly.

He said further checks revealed that the phone number was no longer in service and had no registered owner.

Razarudin added no other reports had been filed regarding this number, and the investigation returned no relevant records.

PUTRAJAYA: Active collaboration from industry players is needed for the Technical and Vocational Education and Training (TVET) institution to offer programmes that are of a higher quality and more relevant to market needs.

Deputy Prime Minister Datuk Seri Fadillah Yusof said strong cooperation between the industry players and the TVET institution was crucial to ensure the comprehensive matching of demand and supply.

He said consistent input from the industry players on the workforce skills and needs was also needed by the TVET institution to develop suitable curricula and programmes.

“Forging close cooperation with industry players can create a new skilled workforce to master the latest technology, which will have a spillover effect on encouraging economic growth.

“I call for the active involvement of industry players in Malaysia to collaborate with the government in supporting the agenda to empower TVET,” he said at the 2024 Prime Minister’s Gold Hand Award and Skilled Person Award ceremony here today.

Meanwhile, Fadillah said the government is aware that the TVET stream in Malaysia needs to be improved for it to be more systematic and effective.

He said the organisation of skills competitions was one of the government’s efforts to promote and ensure the quality of delivery of TVET training in Malaysia is in line with international standards.

“I call on all TVET agencies to hold skills competitions at institutional levels so that we can pick the best talent for national and international-level competitions,” he said.

In his speech, Fadillah also thanked and congratulated the national contingent which made sure the Jalur Gemilang was hoisted proudly at the WorldSkills Competition Lyon 2024 at the Euroexpo Lyon in France from Sept 10-15.

In the competition, Malaysia, represented by 15 participants across 14 categories, captured five medals - one bronze medal in the Beauty Therapy category through Wong Hsun Wei and four Medallion for Excellence.

The four Medallion for Excellence recipients were Muhammad Nasran Ahmad in the Hairdressing category; Ahmad Muizuddin Mohd Razi in the Bricklaying category; Muhammad Hakimi Abu Bakar in Electrical Installations; and Stephen Sim Shan Siong in the IT Software Solutions for Business category.

KUALA LUMPUR: The late Tun Daim Zainuddin made numerous contributions to the country, especially during the financial crisis in the 1980s, Communications Minister Fahmi Fadzil said.

He said as Finance Minister at the time, Daim successfully steered Malaysia back onto a stable economic path.

“At that time, I was still young and unaware of politics, but we cannot deny that during the 1980s and the ‘Asian Financial Crisis’, the late Daim, as Finance Minister, played a vital role in helping the government and his efforts contributed to Malaysia’s recovery,” he said after performing the funeral prayers for Daim at the Federal Territory Mosque here today.

Daim served as Finance Minister from 1984 to 1991, and again from 1999 to 2001.

Fahmi, who is also Lembah Pantai MP, expressed his gratitude to Daim, recalling how he had come forward to offer support during his campaign in the 14th General Election in 2018.

Meanwhile, former Prime Minister Datuk Seri Ismail Sabri Yaakob expressed his condolences to Daim’s family, acknowledging the loss of a significant figure who had made numerous contributions to the country.

“The loss is not only felt by his family and friends but by the nation. We pray that his soul is blessed and placed among the righteous,” said the Bera MP.

Earlier, the vehicle carrying Daim’s remains arrived at the Federal Territory Mosque at 3.43 pm for the funeral prayers before being taken to the Raudhatul Sakinah Cemetery at Bukit Kiara 1 at 4.48 pm for burial.

Also present were former Prime Minister Tan Sri Muhyiddin Yassin, Opposition Leader and Larut MP Datuk Seri Hamzah Zainuddin and former Kedah Menteri Besar Datuk Seri Mukhriz Mahathir.

Daim, whose full name is Che Abdul Daim Zainuddin, 86, passed away at 8.21 am today at Assunta Hospital in Petaling Jaya, where he was receiving treatment.

SUBANG JAYA: The Domestic Trade and Cost of Living Ministry (KPDN) will summon the Johor Indian Muslim Entrepreneurs Association tomorrow to seek clarification on its proposal to raise food prices by five per cent starting next year.

Minister Datuk Armizan Mohd Ali said KPDN had issued a notice to the association under Section 21 of the Price Control and Anti-Profiteering Act 2011, requiring an explanation for the proposed price increase.

“Since this association has only just made the announcement for next year, we are taking proactive steps to prevent anyone from taking advantage of the situation.

“This notice is to summon the association to provide an explanation for their announcement regarding the price increase,” he told reporters after the signing of a Memorandum of Understanding (MoU) on price data sharing between KPDN, Mydin, and Redtick here today.

According to media reports, about 300 mamak restaurant operators in Johor expressed concerns about rising operating costs, with the implementation of the minimum wage next year expected to further increase expenses.

As a result, Indian Muslim restaurant operators are expected to raise food prices by at least five per cent at their premises from next year.

Elaborating, Armizan cited an example from OPS Kesan 2.0, where the ministry had taken action against those attempting to take advantage of the implementation of targeted diesel subsidies and the sales and service tax (SST) hike.

“Some parties announced a price increase, but after being summoned and asked to explain, it was found that their reasons were unfounded.

“For instance, the construction sector claimed that the price increase was due to the implementation of the targeted diesel subsidies, even though it is not eligible to use subsidised diesel,” he said.

Armizan said, therefore, that KPDN had issued a notice and taken action under OPS Kesan 2.0 to ensure that price increases were only made based on relevant, actual costs.

KUALA LUMPUR: Integrated palm oil milling services provider Ecoscience International Bhd (EIB), via its wholly-owned subsidiary Ecoscience Manufacturing & Engineering Sdn Bhd, has accepted a letter of award (LoA) for a RM200 million engineering, procurement, and construction (EPC) contract from renewable energy company, Wilhelmina Energy Malaysia Sdn Bhd (WEMSB).

Under the LOA, EIB will provide comprehensive EPC services for the TG2 black pellet plant in Kuantan, Pahang.

These services will include design and engineering, sourcing and quality assurance of equipment and materials, plant infrastructure construction, and testing and start-up activities to support commissioning and ensure operational standards are met.

The specific terms and conditions of the EPC works will be outlined in a binding EPC agreement, which is expected by November 30, 2024.

The LoA was built upon the collaboration agreement (CA) with WEMSB in March 2024, aimed at transforming agricultural waste into sustainable energy, thereby reducing coal consumption and carbon emissions.

EIB managing director Wong Choi Ong expressed confidence in delivering a robust waste-to-energy solution that aligns with WEMSB’s vision for sustainable energy transformation.

“This project is a strategic fit for our expansion into environmental and energy efficiency sectors, building on our core strengths in constructing palm oil mills, supporting facilities, and equipment fabrication.

“As the largest project to be undertaken in our corporate history, we see this as a valuable opportunity to broaden our customer base, enhance our project portfolio, and strengthen our market position.

“The LoA will significantly boost our order book, providing our group with healthy earnings visibility over the next two years,“ he said.

The TG2 black pellet plant will convert oil palm empty fruit bunch (EFB) waste into TG2 black pellets – a drop-in coal replacement fuel.

TG2 black pellets are an advanced type of biofuel pellet, providing benefits over traditional biomass pellets, including enhanced grindability, water resistance, and higher energy density.

As a drop-in fuel, it is renewable and can be used in existing pulverised coal power plants without requiring significant infrastructure modifications.

EIB will continue supporting WEMSB as it expands TG2 black pellet plants across the region.

“Beyond the EPC scope for the TG2 black pellet plant, the CA signed in March 2024 also outlined the possibility of WEMSB outsourcing the plant’s operation and maintenance (O&M) to EIB.

“We are currently exploring this opportunity, and both parties will decide in due course.

“This potential arrangement, if materialise, would create a new, recurring revenue stream for us, complementing our current project-based work,“ Wong added.

WEMSB is a subsidiary of the Netherlands-based renewable energy company Maatschappij Wilhelmina NV, specialising in converting agricultural waste streams into sustainable energy using TG2 black pellets.

The EPC works are expected to commence by December 2024, with an expected project completion timeline of 24 months from the commencement date.

KUALA LUMPUR: A group of planters and stakeholders in the East West One Group (EWOG) schemes urgently calls on Pacific Trustees Bhd (PTB) to release the funds necessary for the company’s approved rehabilitation and restructuring (R&R) exercise.

The majority of EWOG’s investors, represented by Thirunavukarasu Illamurugan, Yong Chin Koi, and Mahadevan Kathirgamathamby, are concerned that PTB’s continued withholding of these funds could further damage the company’s financial health, potentially leading to irreversible losses.

To recap, EWOG obtained planters’ approval of the company’s R&R exercise across all three schemes: East West One Planter’s Scheme (EWOP), East West Horizon Planter’s Scheme, and East-West Planter Scheme 1.

EWOG, in a statement, said the past few years have seen significant challenges that have severely impacted plantation operations, including the global Covid-19 pandemic, La Niña weather phenomena, industry-wide labour shortages, land disputes with landowners, and repeated injunctions that prevented timely convening of planters’ meetings from addressing these issues.

These cumulative challenges have compounded the company’s cash flow problems, resulting in an inability to meet payment obligations.

According to a statement by EWOG, despite the overwhelming support for the R&R plan from planters and stakeholders at the August 12 Planters’ Meeting, critical rehabilitation work on EWOG’s plantation assets remains stalled due to this delay.

For over a year, the plantation palms have relied solely on natural soil fertility, with no structured fertilisation or agronomic practices.

Prompt initiation of the R&R program is essential to restoring the plantation’s productivity.

This program leverages enhanced agronomic practices and inputs to increase fresh fruit bunch (FFB) production.

With crude palm oil (CPO) prices currently above RM4,000 per ton and projected to hold through 2025, the company has a unique window to capitalise on these favourable market conditions.

Proceeds from FFB sales could also partially offset ongoing rehabilitation costs, creating a sustainable pathway to recovery.

“Every day of delay further impacts our ability to restore the plantation and diminishes potential returns for all investors,” said Thirunavukarasu in the statement.

“These funds, specifically held in trust for the plantation’s rehabilitation, need to be released without further delay,“ he said in the statement.

According to a recent court filing by East West Horizon Plantation Bhd, the management continues to face challenges due to PTB’s reluctance to finalise necessary trust deeds despite ongoing efforts from EWOG’s management and legal team.

This impasse prevents the release of funds crucial for the R&R efforts, posing increased risks to the plantation assets and investor returns.

The investors’ representatives stressed that “a swift resolution is essential to launch the rehabilitation efforts and generate returns for all stakeholders.”

“It is time to move past the standstill and allow the EWOG group to implement the R&R plan for the benefit of all involved.”

MALAYSIAN carmaker Proton has taken a significant step toward international expansion with the inauguration of a new completely knocked-down (CKD) plant to assemble the Proton Saga in Cairo, Egypt. The ceremony was officiated by YAB Dato’ Seri Anwar Bin Ibrahim, Malaysia’s Prime Minister, during his official visit to the country.

Prominent figures present at the event included H.E. Lieutenant General Kamel Al-Wazir, Egypt’s Deputy Prime Minister, YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Malaysia’s Minister of Investment, Trade, and Industry, and YB Dato’ Seri Utama Haji Mohamad bin Haji Hasan, Malaysia’s Minister of Foreign Affairs. Egyptian and Malaysian officials, including H.E. Mr Ragai Tawfik Said Nasr, Ambassador of Egypt to Malaysia, also participated alongside business leaders from both nations.

Strategic Investment in Al Oula Industrial Park

The new CKD facility is located in the Al Oula Industrial Park, Giza, and is operated by Ezz Elarab Elsewedy Automotive Factories (ESAF)—a joint venture between Ezz Elarab and Elsewedy Capital Holding. The plant represents an investment of USD35 million and has a production capacity of 20,000 units per shift. Once fully operational, it is expected to employ up to 400 people.

Proton was represented at the inauguration by Tan Sri Syed Faisal Albar, Chairman, and Roslan Abdullah, Deputy CEO. From ESAF, Hisham Ezz Elarab, Chairman, and Ahmed Elsewedy, Board Member, attended the event.

A Milestone in Bilateral Cooperation

During his speech, Prime Minister Anwar Ibrahim highlighted Proton as a source of national pride and emphasised the importance of partnerships like ESAF in fostering industrial advancement. He urged Proton to leverage local facilities to strengthen its operations in the region.

The factory inauguration comes shortly after the first shipment of CKD packs was sent to Egypt on 9 September 2024. The production of left-hand drive Proton Saga models is set to begin in December 2024, with an initial production target of 1,400 units for 2024. This is projected to increase to 5,000 units in 2025, with a total of 16,000 CKD packs expected to be exported by the end of 2026.

Expanding Beyond Egypt

The vehicles assembled in Egypt will not only cater to the domestic market but also be exported to Northern and Sub-Saharan Africa and Middle Eastern markets. These efforts are part of Proton’s strategy to strengthen its presence in emerging markets where car ownership is on the rise.

The total value of exports from this initiative is estimated at RM570 million, excluding an additional RM20 million projected from parts exports.

Unlocking Global Potential

Tan Sri Syed Faisal Albar remarked that Proton, as Malaysia’s leading vehicle exporter, currently sees exports accounting for 3% of total sales volume. However, the company aims to unlock untapped potential in international markets.

“Egypt is central to our plans for the region. Moving forward, we will focus on partnerships like ESAF to maximize the sales potential for Proton vehicles in regions where car ownership is still growing,” he said.

Future Growth Prospects

The establishment of the Cairo CKD facility marks a pivotal moment in Proton’s international expansion. With plans to explore broader markets and collaborate with strategic partners, the company is poised to enhance Malaysia’s automotive footprint on the global stage.

Australian NBA star Ben Simmons’ expiring salary was floated by veteran sports journalist Bill Simmons of The Ringer as one of the trade chips for the Brooklyn Nets in the potential Giannis Antetokounmpo sweepstakes.

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So, you’ve found a great deal on a new TV. Now you have to decide whether to buy an extended warranty at the point of purchase. Will it be worth it? In this article, we’ll discuss whether an extended warranty for a TV makes financial sense and get money expert Clark Howard’s thoughts. Is an […]

The post Should You Buy an Extended Warranty for Your TV? appeared first on Clark Howard.

‘Standup Girl’ actor says she has no qualms about beau playing romantic roles

Social media did not disappoint when it came to satirical coverage of the event