<div class=newsTextDataWrapInner><p>KUALA LUMPUR (June 11): Shin Yang Group Bhd (KL:<a href="/askedge/klse/5173" class="ce-stock" target="_blank">SYGROUP</a>) said it has initiated legal action against a marine service provider to recover alleged unpaid charter fees.</p></div>

<div class=newsTextDataWrapInner><p>In a filing with Bursa Malaysia, Shin Yang said its wholly-owned subsidiary, Shin Yang Shipping Sdn Bhd, filed the lawuit against Petroschiff Marine Logistics Sdn Bhd at the High Court on May 21.</p></div>

<div class=newsTextDataWrapInner><p>The claims relate to outstanding charter hire payments, unpaid service tax and repair costs arising from charter arrangements covering six sets of tugboats and barges between the parties.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Shin Yang said its unit is seeking RM2.96 million in total, comprising outstanding charter charges for various vessels between May 2025 and March 2026, as well as repair expenses.</p></div>

<div class=newsTextDataWrapInner><p>The group said the legal proceedings are not expected to have a material adverse effect on the group’s financial position or operations.</p></div>

<div class=newsTextDataWrapInner><p>Shin Yang, formerly known as Shin Yang Shipping Corporation Bhd, is primarily involved in shipping loose bulk and container cargoes. It also has a shipyard that is involved in vessel construction, repairs and fabrications.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Shin Yang closed down by one sen or 1.3% to 74 sen on Thursday ahead of the announcement. At its closing price, the group is valued at RM888 million.</p></div>


Shin Yang Group Bhd (KL:SYGROUP) said it has initiated legal action against a marine service provider to recover alleged unpaid charter fees.

Shin Yang sues Petroschiff Marine over alleged unpaid charter fees

Not every photo needs to end up on a social media feed. Some are simply reminders of an ordinary day, whether it is a meal between classes, a funny moment with friends or a quick snapshot taken on the way home.

In response to the curated, polished feeds encouraged by mainstream social m...

Listicle: Apps for the moments you don’t post

Here’s a set of seven skills for you to consider cultivating to get and retain a job in the AI era

 

Human resources (HR) launches an artificial intelligence (AI) tool to analyse employee engagement. The AI reads 15,000 comments and p...

Econ 4.0: AI is here. Which skills matter more now?

Conversations around social entrepreneurship often focus on funding, but a bigger challenge for founders is moving from building businesses that look for customers to creating products and services that customers are actively looking for, says Ahmad Azuar Zainuddin, CEO of Satu Creative Services ...

Beyond Grants: Helping social enterprises build a stronger business case

IIMMPACT Sdn Bhd began in 2018 as a consumer app that allowed users to pay different bills through a single platform, but the business changed direction after struggling to retain customers as larger e-wallet operators expanded.

CEO and co-founder Alex Tan says fewer than 20% of users w...

Platform-as-a-service: IIMMPACT builds bill payment business after consumer app pivot

Alphaswift Industries Sdn Bhd is the only drone maker among the Malaysian companies given access to British chip architect Arm Holdings plc’s chip design technology, and it plans to design its own chip as it builds towards passenger flight.

The local drone industry has come a long way, ...

Cover Story: Betting on chip design for long climb to passenger flight 

Mall developers need to incorporate telecommunications infrastructure at the planning stage as growing demand for digital payments, artificial intelligence (AI) applications and 5G services puts greater pressure on indoor connectivity, says EdgePoint Towers Sdn Bhd.

Planning fibre pathw...

Infrastructure: Mall developers urged to plan early for 5G-ready connectivity

Artificial intelligence is moving into the systems that power banking, public services, industry and critical infrastructure. But having the computing power to run AI is only part of the story. Malaysia also needs to secure its data, test how AI systems perform and know whether their outputs can be trusted.

Architecting digital trust for Malaysia’s sovereign AI future

NEWS

Malaysia’s daily multimodal AI use to reach 43% by 2030

Malaysia’s daily use of multimodal artificial intelligence (AI) is projected to reach 43% by 2030, exceeding the global estimate of 30%, according to new research by Erics...

Bits + Bytes: A Miscellany Of Technology

Singapore’s Formula One (F1) Grand Prix race saw a near-record turnout, bucking concerns that one of the worst regional haze in recent years would threaten the event.

Singapore F1 race draws near-record turnout despite choking haze

Pakatan Harapan (PH) will announce its candidates for the Melaka state election next Sunday, Oct 18, with Prime Minister Datuk Seri Anwar Ibrahim expected to personally unveil the line-up, said his political secretary Datuk Azman Abidin.

Melaka polls: PH candidate line-up to be announced on Oct 18

<p>Putrajaya Corporation and the Federal Territories Department have been asked to review the allocation they are expected to receive under Budget 2027 to strengthen care and improve the welfare of&nbsp;senior citizens, said Minister in the Prime Minister’s Department (Federal Territories) Hannah Yeoh.&nbsp;</p>


FT minister calls for dept, Putrajaya Corporation to review allocation to improve senior citizens' care

<p>The Road Transport Department (JPJ) has temporarily suspended the vehicle type approval certificate for the Chery Omoda 5, halting new registrations of the vehicle until technical investigations are completed and potential safety risks are identified.</p>


JPJ suspends vehicle type approval for Chery Omoda 5, halts new registrations pending probe

<p>National Higher Education Fund Corporation (PTPTN) borrowers with no arrears who make regular repayments will enjoy a 10% discount from 2027.&nbsp;</p>


PTPTN offers 10% discount to borrowers with good repayment records

<p>Singapore’s Formula One (F1) Grand Prix race saw a near-record turnout, bucking concerns that one of the worst regional haze in recent years would threaten the event.</p>


<p>The establishment of a Royal Commission of Inquiry (RCI) to investigate delays in the Royal Malaysian Navy’s littoral combat ship (LCS) project is not a determining factor in ensuring the prompt completion of the country’s defence assets.</p>


Littoral combat ship completion not dependent on probe, govt in talks for new missile system — Khaled

<p>Contributors who remain under the Lindung 24 Jam Scheme, as well as those making mandatory contributions to the Lindung Kendiri Scheme, will be eligible for additional tax relief of up to RM150 under Budget 2027.</p>


Budget 2027: Lindung 24 Jam, Lindung Kendiri contributors eligible for up to RM150 tax relief

<p>Educational institutions under the Ministry of Education (MOE) in Melaka, Negeri Sembilan, Pahang and Putrajaya, as well as several areas in Kuala Lumpur and Selangor, will resume normal operations on Monday.</p>


Haze: Schools in Melaka, Negeri Sembilan, Pahang, Putrajaya to reopen on Monday

<p>DAP has never been involved in any attempt to trigger a crisis in Negeri Sembilan and remains focused on serving the people, its secretary general Anthony Loke Siew Fook said.&nbsp;</p>


Loke: DAP not responsible for Negeri Sembilan political turmoil

<p>All educational institutions under the Ministry of Education in Melaka will reopen on Monday, Oct 12,&nbsp;after the air pollutant index (API) recorded moderate readings&nbsp;below 100.</p>


Haze: Melaka schools to reopen on Monday as API readings drop below 100

<p>Firefly has cancelled all scheduled flights between Sultan Abdul Aziz Shah Airport in Subang and Seletar Airport in Singapore from Saturday to Monday, Oct 10 to 12, as a precautionary&nbsp;safety measure due to weather and haze conditions.</p>


Firefly cancels Subang-Seletar flights over haze, weather concerns

<p>All educational institutions under the Ministry of Education (MOE) in the Kinta Utara, Kinta Selatan and Kuala Kangsar district education offices, which were closed last Friday, will reopen on Monday.</p>


Schools in Kinta Utara, Kinta Selatan and Kuala Kangsar reopen on Monday

<p>The Negeri Sembilan Education Department (JPNS) has announced that all educational institutions under its jurisdiction will operate as usual on Monday, Oct 12, following an assessment of current conditions and the latest air pollutant index readings.</p>


Negeri Sembilan schools to operate as usual on Monday

<p>Pakatan Harapan (PH) will announce its candidates for the Melaka state election next Sunday, Oct 18, with Prime Minister Datuk Seri Anwar Ibrahim expected to personally unveil the line-up, said his political secretary Datuk Azman Abidin.</p>


<p>Alphaswift Industries Sdn Bhd is the only drone maker among the Malaysian companies given access to British chip architect Arm Holdings plc’s chip design technology, and it plans to design its own chip as it builds towards passenger flight.</p>

<p>The local drone industry has come a long way, ...

<p>Not every photo needs to end up on a social media feed. Some are simply reminders of an ordinary day, whether it is a meal between classes, a funny moment with friends or a quick snapshot taken on the way home.</p>

<p>In response to the curated, polished feeds encouraged by mainstream social m...

<blockquote class="tem-subhead">Here’s a set of seven skills for you to consider cultivating to get and retain a job in the AI era</blockquote>

<p>&nbsp;</p>

<p>Human resources (HR) launches an artificial intelligence (AI) tool to analyse employee engagement. The AI reads 15,000 comments and p...

<p>IIMMPACT Sdn Bhd began in 2018 as a consumer app that allowed users to pay different bills through a single platform, but the business changed direction after struggling to retain customers as larger e-wallet operators expanded.</p>

<p>CEO and co-founder Alex Tan says fewer than 20% of users w...

<p>Conversations around social entrepreneurship often focus on funding, but a bigger challenge for founders is moving from building businesses that look for customers to creating products and services that customers are actively looking for, says Ahmad Azuar Zainuddin, CEO of Satu Creative Services ...

<p>Mall developers need to incorporate telecommunications infrastructure at the planning stage as growing demand for digital payments, artificial intelligence (AI) applications and 5G services puts greater pressure on indoor connectivity, says EdgePoint Towers Sdn Bhd.</p>

<p>Planning fibre pathw...

<h2>NEWS</h2>

<h3><span style="color:#e74c3c;">Malaysia’s daily multimodal&nbsp;AI use to reach 43% by 2030</span></h3>

<p>Malaysia’s daily use of multimodal artificial intelligence (AI) is projected to reach 43% by 2030, exceeding the global estimate of 30%, according to new research by Erics...