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East West One Group planters request fund release for rehabilitation exercise

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.”




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Tesla’s safety design questioned following Toronto crash

THE tragic crash of a Tesla Model Y in Toronto in October has raised serious concerns about the accessibility and usability of the car’s electronic door handles during emergencies. The fiery accident claimed the lives of four individuals: Neelraj Gohil (25), his sister Ketaba Gohil (29), Jay Sisodiya, and Digvijay Patel, leaving a sole survivor, a woman in her 20s.

The woman’s escape was made possible by Rick Harper, a Canada Post employee, who heroically smashed the car’s window with a metal pole. Harper described the survivor as “desperate to get out,” but unable to open the car’s doors from inside. Tesla vehicles rely on an electronic button to open doors rather than traditional handles, and if the car’s power system fails in a crash, the doors may become inoperable.

Concerns About Tesla’s Safety Design

While Tesla promotes a “safety-first design” and manual override mechanisms for emergencies, these features are not widely known or intuitive. The manual override involves removing a door panel and pulling a hidden cable — a process that could be difficult or impossible in the chaos and panic of a serious accident.

Safety experts and crash investigators have raised concerns that victims may not be aware of the override feature or may lack the presence of mind to locate and use it under duress.

The Accident

The Tesla reportedly crashed into a guardrail at high speed along Lake Shore Boulevard East. The cause of the accident is still under investigation, but the crash’s aftermath has drawn attention to Tesla’s safety protocols, particularly in situations involving power failure. The National Highway Traffic Safety Administration (NHTSA) has several ongoing investigations into the Tesla Model Y, ranging from “unexpected brake activation” to “sudden unintended acceleration.”

A Heroic Rescue Effort

Harper’s quick action saved the survivor, but he was unaware that others were trapped inside due to the dense smoke. “I didn’t know there were other people in there. The smoke was so thick,” he said. It remains unclear if the other passengers also struggled to open the doors.

Broader Implications

This tragedy underscores the need for automakers to improve safety features in EVs, especially during power failures. Intuitive and easily accessible escape mechanisms are critical, and greater public awareness of emergency procedures is vital.

As investigators work to determine the exact cause of the crash, this incident highlights the balance that must be struck between advanced technology and real-world practicality in automotive safety.




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Google link command gone – never much good anyway!

Search Engine Roundtable reports today that Google is advising against using the link operator in search. It seems that there have been complaints on Twitter and elsewhere that it is returning some odd results. I have never been a fan of the command; it only ever returned a small sample of pages that link to … Continue reading Google link command gone – never much good anyway!




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Ampere AmpereOne A192-32X Review: A 192 Arm Core Server CPU and more (14 Reviews) @ NT Compatible

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SilverStone FARA 514X High Air Flow Case Review and more @ NT Compatible

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NSA Advises Andriod and iPhone User to Restart Thier Phones

In its recently released mobile device best practices guide, the National Security Agency (NSA) goes old-school geek and advises people to turn their phones off and on again....




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Your Phone May Have Emergency Satellite Connectivity Built In and It Could Be a Lifesaver During Major Storms

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How Do I Avoid the Money in My Bank Disqualifying My Children From Financial Aid for College?

If you’ve sent kids to college, you’ve probably heard of FAFSA (Free Application for Federal Student Aid). FAFSA offers federal government aid via loans, grants and work-study options. It determines how much financial aid your children will get for college based on your family’s income and assets. As a parent, that includes your income, investment […]

The post How Do I Avoid the Money in My Bank Disqualifying My Children From Financial Aid for College? appeared first on Clark Howard.





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How To Save Money on Electronics

You don’t have to be a nerd or “techie” to want to keep up with the latest and greatest gadgets in the marketplace today. One thing you do have to do, though, is know how to look for the best deals on electronics. With a little strategy, you can buy the latest smartphones, smart TVs […]

The post How To Save Money on Electronics appeared first on Clark Howard.




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Learning Management Done Right | Opigno LMS | Drupal e-learning distribution

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Fire at illegal petrol shop claims one life

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Zara Noor Abbas wants husband Asad Siddiqui to heat up the screen with Deepika Padukone, Alia Bhatt

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Over 19 prisoners escape from AJK jail

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Six '90s one-hit-wonders that ruled the world beyond MTV

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How 'The Boys' is killing the American Dream, one supe at a time

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Juhi Chawla becomes India's richest actress, dethrones Aishwarya, Deepika and Priyanka

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  • Life & Style

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Tech YouTuber Mrwhosetheboss unveils the world’s largest iPhone to set a new record

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Apple's iPhone 16 struggles with AI features delay, increasing Huawei competition

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Samsung releases One UI 6.1.1 update for 2023's flagship phones

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'I recently lost a loved one. How to cope with this immense loss?'

Hi Haya,

I recently lost a loved one very unexpectedly and it’s been extremely challenging for me to deal with their sudden passing. I’m set to leave Karachi and settle abroad soon, but this sense of loss has been really difficult for me to cope with.

My...







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Single-Strand Necklace and Earring Set with Amethyst Gemstone Beads, Sterling Silver Bail and Gossamer™ Chain


Designed By: Patti, Jewelry Designer, Exclusively for Fire Mountain Gems and Beads®

Click Here For An Enhanced View And Materials List




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Single-Strand Necklace with Gold-Plated Brass Charms and Gold-Finished Brass Components


Designed By: Patti, Jewelry Designer, Exclusively for Fire Mountain Gems and Beads®

Click Here For An Enhanced View And Materials List




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Prince Andrew reminded of £3M debt amid claims of plenty money

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Blast damages oil tanker in Chaman, injures one

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Australia's Rex Airlines accused of stealing planes from Arizona boneyard

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Khabib hails Usman Nurmagomedov as one of the 'best in the world' after Bellator win

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Australian hockey player Craig suspended for one year over Paris Olympics drug bust

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National cricketers uncertain about fees for Champions One-Day Cup

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One Day in Holland with Radio Bikes





One Day in Holland with Radio Bikes


Bro Robin Kachfi was with the Radiobikes team a few weeks ago on a BMX trip in Rotterdam, where the guys have produced a sick "one day" video at various skateparks around Rotterdam and The Hague. Enjoy the video! Best regards, your kunstform BMX Shop

Video: Sybren Planting

Subscribe our youtube channel: https://www.youtube-nocookie.com/kunstformbmxshop




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Justin Rudd One day in Mannheim BMX 2017





Justin Rudd One day in Mannheim BMX 2017


Bro Justin Rudd has produced a "One day" video with Robin Kachfi at their local skatepark in Mannheim-Schönau, which you shouldn't miss! Enjoy the video, Your kunstform BMX Shop

Video: Robin Kachfi

Subscribe our youtube channel: https://www.youtube-nocookie.com/kunstformbmxshop




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Sven Avemaria - One Dude Two Days x Freedombmx





Sven Avemaria - One Dude Two Days x Freedombmx


Our allrounder Sven Avemaria was last summer with Freedombmx on the streets of stuttgart, to film a new episode of "One Dude Two Days", which u shouldn't miss! Enjoy the video, Your kunstform BMX Shop.

Video: Freedombmx



Subscribe our youtube channel: https://www.youtube-nocookie.com/kunstformbmxshop




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Felix Prangenberg - One day in Luxembourg Video 2018





Felix Prangenberg, Robin Kachfi and Marcel Gans were for a day in Luxembourg, where the boys met Jack Seymour who showed them around. As you can see in the video, the weather wasn't that nice, but it turned out tough to a great video!

Enjoy the Video, your kunstform BMX Shop Team!



Video: Robin Kachfi



Subscribe our youtube channel: https://www.youtube-nocookie.com/kunstformbmxshop





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Felix Donat - One Dude One Day






Felix Donat filmed with Freedombmx a new episode of "One Dude One Day" at the ODP-Skatepark in Karlsruhe. Because one day doesn't offers much time, Felix produced a couple of really good clips in record time! Watch now the full video right here.

Enjoy the video, your kunstform BMX Shop Team!



Video: Freedombmx



subscribe to our youtube channel: https://www.youtube.com/kunstformbmxshop




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Cult & Bone Deth Video Premiere at kunstform BMX Shop



Cult and Bonedeth just released their new DVDs and we want to invite you to this video premiere at our Shop in Stuttgart, Germany. The Premiere will take place at the 27th of October from 6pm - 10pm. Drinks and snacks are provided and the entry is free!

All the best, your kunstform BMX Shop Team!

What:
Cult & Bone Deth Video Premiere

When:
27th October, 6pm - 10pm

Where:
kunstform BMX Shop
Rotebühlstr. 63
70178 Stuttgart


More infos on Facebook.




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Felix Prangenberg - One Hunna Video






The dudes at freedombmx.de present a brand new video series. The official press release of One Hunna reads as follows:

"Pressing" Rec "exactly one hundred times during the shoot is the idea behind our new video series, Welcome to One Hunna."

And therefore also welcome Felix Prangenberg! Because our Bro has the honor to be the first in the series and absolutely kills at the Pferderennbahn in Neuss! BTW: Felix is not all by himself, but also supported by his homies Kilian Reihmeyer, Lukas Häusler and wethepeople Bro Tom Weikert. And an X-Games Med(i)alist also pops up. Hit it now!

Have fun with the video, your kunstform BMX Shop Team!

Video: The Medialist / Felix Prangenberg (2. Camera)

Related links:




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Miguel Smajli - The Quarantined One BMX Video





What could be more natural than to wander the streets alone to satisfy your desire for BMX these days? Miguel Smajli takes you with him for some lonely BMX Street Sessions in and around his hood. Stay safe everyone!

Have fun with the video, your kunstform BMX Shop Team!

Video: Miguel Smajli

Related links:




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Honey - wethepeople



The Wethepeople team, featuring Felix Prangenberg, Dan Kruk, Jordan Godwin and Riley Smith, have partnered with Grant Castelluzzo to release a high quality 20 minute clip called "Honey".