Marine & General sells vessel for RM27.2mil

Marine & General sells vessel for RM27.2mil

KUALA LUMPUR: Marine & General Bhd’s indirect wholly-owned subsidiary, TKH Marine (L) Ltd, today disposed of its vessel, JM Sutera 7, for US$5.8 million (RM27.2 million) cash to an external party, Narsimhaa Shipping Inc, Liberia, on a willing buyer and...
New LVG tax: Buy now or later?

New LVG tax: Buy now or later?

FOR most of us, the start of a new year means new resolutions and new beginnings. This time round, Jan 1 2024 will also mark the start of the imposition of the sales tax on low-value goods (LVG tax) in Malaysia. The LVG tax was initially announced in Budget 2022 and...