Macquarie cuts Kerjaya Prospek Group's EPS forecast
"According to (Kerjaya Prospek Group's) management, it is seeing more requests by clients to move the progress timeline of their projects in order to manage payments to contractors."
Lebanese jeweller directed to pay RM75,000 security costs in RM60m suit against Rosmah
Security costs could be imposed by the court when the plaintiff or the party filing the suit is a foreigner and the defendent is concerned that the company is not able to pay costs, should it lose the suit.
1MDB-Tanore trial witness insisted 1MDB was Najib's 'baby' — before defence changed his mind
Shafee further read that the formation of TIA was to ensure that the state continues to receive some form of revenue should its oil well dry up.
Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
It was reported that the 10-year masterplan is known as Malaysia Electricity Supply Industry 2.0 (MESI 2.0).
Property developer fined RM1.5m for abetting Ku Nan in RM1m bribery case
The property developer made a sudden change by pleading guilty to the alternative charge prior to the trial which is scheduled to commence in two days.
Govt unlikely to introduce new tax measures for Budget 2020, says RHB Research
In an economics view note today, the research house said the government had implemented a slew of new taxes — eg gaming, sugar, digital, real property gains, etc — during Budget 2019.
TDM says 1,201ha of unit's plantation land in Indonesia affected by fire
Some 1,201 hectares belonging to PT Rafi Kamajaya Abadi (PTRKA) had been affected by fire.
Petronas revenue, govt fuel subsidy to increase as oil prices spike - Guan Eng
It was reported that the Saturday attack on Saudi Arabia’s oil facilities had cut more than 5% of world crude oil supply.
UEM Sunrise's deal to sell Aurora Melbourne Central development service apartments falls through
The group said the agreement between its wholly-owned unit UEMS (La Trobe Street) Pty Ltd and The Trust Company (Re Services) Ltd (TCL), a trustee for the Ascendas Australia Hotel Trust, had been terminated on a mutual basis following disagreements over the specifications of certain aspects of the apartments earmarked for sale.
RON97 up 3 sen to RM2.53 per litre
Meanwhile, prices per litre of RON95 and diesel are maintained at RM2.08 and RM2.18 respectively.
