Ahad, 24 Februari 2013

NST Online Business Times : latest

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NST Online Business Times : latest

Posted: 24 Feb 2013 05:48 PM PST

JHM Consolidated Bhd is buying industrial land in Sungai Petani, Kedah for RM2.97 million to build a precision metal stamping factory.

This deal works out to be RM15 per sq ft.

In its filing to the stock exchange on Friday, JHM said the land is owned by Perbadanan Kemajuan Negeri Kedah and leased to Oxford Prestige Sdn Bhd (OPSB) until 4 March 2050.

This Agreement is conditional upon OPSB obtaining the written consent from PKNK for the sale of the land.

So far, JHM has not appoint an architect and is therefore unable to finalise the construction cost of the factory.

Should the construction of the factory commence in the first quarter of 2014, the factory is expected to be completed by 2016.

KL shares open lower in early trading

Posted: 24 Feb 2013 06:17 PM PST

Share prices on Bursa Malaysia opened lower in early trading Monday in tandem with a few other bourses in the region on selling pressure, dealers said.

As at 9.40am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.82 points lower at 1,620.26.

Some of the regional bourses fell in early trading including South Korea's KOSPI Composite Index easing 1.33 points to 2,017.56 and Shanghai Composite losing 11.79 points to 2,314.16.

"We foresee more downside risks than upside potential, with the benchmark FBM KLCI likely to head towards the psychological mark of 1,600 ahead," HwangDBS Vickers Research said.

The research house said major US equity indices rose between 0.9 per cent and 1.0 per cent on Friday as better economic data in Germany lifted hopes that the eurozone economy remains on a gradual recovery track.

The Finance Index gained 9.63 points to 14,935.8, the Plantation Index dwindled 48.91 points to 7,853.98, while the Industrial Index shed 2.8 points to 2,780.71.

The FBM Emas Index lost 11.46 points to 11,001.05, the FBMT100 declined 11.319 points to 10,866.32, the FBM Ace Index added 3.94 points to 3,944.82 and the FBM Mid 70 Index was 8.29 points lower at 1,966.04.

Losers led gainers by 118 to 103, with 156 counters unchanged, 1,299 untraded and 25 others suspended.

Total volume stood at 101.66 million shares worth RM76.6 million.

Actives, Patimas Computers and Karambunai lost half a sen each to six sen and 11 sen, respectively.

Heavyweights, Maybank advanced six sen to RM9.13, Sime Darby lost one sen to RM9.20 and Axiata was flat at RM6.37.-- Bernama

Kredit: www.nst.com.my

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Oscar Pistorius 'was told to back off from Reeva Steenkamp' - Telegraph.co.uk

Posted: 24 Feb 2013 08:31 AM PST

"She told me he pushed her a bit into a corner. She felt caged in. I told her I would talk to him. I told him not to force himself on her. Back off.

"He agreed, but his face showed me what he was thinking: 'Oh, this guy is talking nonsense'."

Mr Myers described his anger when he heard about Reeva's death, and that it was Pistorius who had killed her.

"She was my little girl, and he shot her four times from behind a closed door. One shot may have been a mistake – but four times?," he said.

"I have a printing business, and I had large, framed photographs of Oscar and myself. I smashed them all. I don't want to know anything about him.

Miss Steenkamp had lived with Mr Myers, a commercial printer, and his wife Desi since September, and the couple's daughter Kim was the model's closest friend in the city.

^{Pallbearers carry the coffin of Reeva Steenkamp into the crematorium building in Port Elizabeth (AFP/Getty Images)}

He said the Paralympian would have to live with his conscience regardless of the outcome of the forthcoming trial.

"I wouldn't do anything to him, because when it's finished and done, he must live with it. I hope he gets a long sentence. Gets what he deserves.

"People will stay away from him now. Women too, they will be too afraid, no girl wants her a**e shot off. And if my daughter wanted to go out with him, the pawpaw would hit the proverbial fan." Mr Myers said he had decided to talk to the newspaper because, "everywhere you go, it's just Oscar, Oscar".

"But Reeva was the victim, her voice must be heard too. People must know who Reeva Steenkamp was," he said.

did not originally plan to stay with Oscar Pistorius the night she died but changed her mind because it became too late for her to drive home safely, her best friend's father has said.

^{Oscar Pistorius with Reeva Steenkamp at a friend's engagement party in January}

Miss Steenkamp, who grew up in Port Elizabeth, used to introduce him to her friends as her "Joburg dad".

"I've got this thing with all three children (Reeva, and his daughters, Kim and Gina), if they don't come home at night, they must text me," Mr Myers told South Africa's City Press newspaper.

"Then Reeva sent the (SMS) message: 'Hi guys, I'm too tired. It's too far to drive. I'm sleeping at Oscar's tonight. See you tomorrow'.

"Tomorrow never dawned for her I have nightmares at night thinking how frightened she must have been. Can you imagine how terrified she was?"

Police asked Mr Myers, his daughter, Kim, and his son, David, formally to identify Miss Steenkamp's body the morning that she was killed.

"We looked at her through a glass window. She was . . . you know . . . the way someone looks who has been shot . . . The police tried to make it easier for us," he said.

He did not describe Miss Steenkamp's injuries further. Police on Sunday denied reports that Pistorius used a cricket bat found at his house to assault his girlfriend before shooting her.

Mr Myers, who identified Miss Steenkamp's body, told the Daily Telegraph that he was "surprised" by reports that she had been assaulted with a cricket bat.

"When I identified Reeva, I saw no indication of that", he said. "The first I knew about it was when I read it in the papers. I do not know where that came from".

No such evidence was entered by the prosecution during pre-trial proceedings to decide if Pistorius would be granted bail, even though it would likely have affected the magistrate's ruling.

Daytona ready for race, willing to relocate fans - Boston.com

Posted: 24 Feb 2013 08:52 AM PST

DAYTONA BEACH, Fla. (AP) — Fans feeling unsafe after the horrific crash at Daytona International Speedway can change seats for NASCAR's biggest race.

Track President Joie Chitwood says workers successfully repaired a section of fence — 54 feet wide and 22 feet high — that was shredded Saturday when Kyle Larson's car went airborne on the final lap of a second-tier race and crashed through the barrier that separates cars from fans. Large pieces of debris, including a tire, sprayed into the upper and lower section of the stands.

The crash injured more than 30 people, raising more questions about fan safety at race tracks. NASCAR President Mike Helton said ''most everybody'' had been released from local hospitals, but there are a ''few still being treated.''

Chitwood says if any fans are uncomfortable with their up-close seating for Sunday's Daytona 500, officials will work to move them.

''If fans are unhappy with their seating location or if they have any incidents, we would relocate them,'' Chitwood said Sunday. ''So we'll treat that area like we do every other area of the grandstand. If a fan is not comfortable where they're sitting, we make every accommodation we can.''

Track workers finished repairs about 2 a.m. Sunday, having installed a new fence post, new metal meshing and part of the concrete wall.

Officials decided not to rebuild the collapsed cross-over gate, which allows fans to travel between the stands and the infield before races.

Daytona has a grandstand remodel planned. Chitwood said the injuries could prompt a redesign that might include sturdier fences or stands further away from the on-track action.

''It's tough to connect the two right now in terms of a potential redevelopment and what occurred,'' Chitwood said. ''We were prepared yesterday, had emergency medical respond. As we learn from this, you bet: If there are things that we can incorporate into the future, whether it's the current property now or any other redevelopment, we will.

''The key is sitting down with NASCAR, finding out the things that happened and how we deal with them.''

Daytona reexamined its fencing and ended up replacing the entire thing following Carl Edwards' scary crash at Talladega Superspeedway in Alabama in 2009. Edwards' car sailed into the fence and spewed debris into the stands.

''We've made improvements since then,'' Chitwood said. ''I think that's the key: that we learn from this and figure out what else we need to do.''

NASCAR plans to take what remained of Larson's sheared car along with debris back to its research and development center in Charlotte, N.C., for testing.

''We'll bring in the best and brightest,'' said Steve O'Donnell, NASCAR's senior vice president for racing operations. ''Anything we can learn will be put in place. ... Fans are our first priority. Obviously we want everybody to be safe at an event. We've talked to the speedway. We're confident in what's in place at today's event. Certainly still thinking about those affected, but we're confident to move forward for this race.''

The 12-car crash began as the front-runners approached the checkered flag. Leader Regan Smith attempted to block Brad Keselowski for the win, triggering a pileup that could have been much worse.

Larson's burning engine wedged through a gaping hole in the fence. Parts and pieces of his car sprayed into the stands, including a tire that cleared the top of the fence and landed midway up the spectator section closest to the track.

The 20-year-old Larson stood in shock a few feet from his car as fans in the stands waved frantically for help. Smoke from the burning engine briefly clouded the area, and emergency vehicles descended on the scene.

Ambulance sirens could be heard wailing behind the grandstands at a time the race winner would typically be doing celebratory burnouts.

''It was freaky. When I looked to my right, the accident happened,'' Rick Harpster of Orange Park said. ''I looked over and I saw a tire fly straight over the fence into the stands, but after that I didn't see anything else. That was the worst thing I have seen, seeing that tire fly into the stands. I knew it was going to be severe.''

In 1987, Bobby Allison's car lifted off the track at Talladega while running over 200 mph, careening into the steel-cable fence and scattering debris into the crowd. That crash led to the use of horsepower-sapping restrictor plates at Talladega and its sister track in Daytona, NASCAR's fastest layouts.

As a result, the cars all run nearly the same speed, and the field is typically bunched tightly together — which plenty of drivers have warned is actually a more dangerous scenario than higher speeds.Continued...

Kredit: www.nst.com.my

Ahad, 24 Februari 2013