Heng Huat’s newly appointed executive director resigns
In a filing today, Heng Huat cited “personal matter” as the reason for Teoh’s resignation.
Tiger Synergy EGM today called off after court ruling
The meeting had been called by the company’s current directors, who are embroiled in a boardroom tussle with Safari Alliance Sdn Bhd, which has a 11.83% stake in Tiger Synergy.
PM to announce stimulus package on Feb 27: MoF
In a statement, Lim said the Ministry of Finance (MoF) noted that cashflow is a "principal concern” for parties that have been economically affected by the outbreak.
Stimulus package to be introduced by the end of this month, says Azmin
In a statement, Azmin said the Government will ensure that the stimulus package, as well as development projects that have been approved for this year, will be implemented promptly.
Johore Tin unit to buy 29-acre land in Kapar for RM44m
The land is owned by Golden Valley Industries Sdn Bhd.
After 4Q19 economic slowdown, OCBC expects another OPR cut in March
In a note today, OCBC pointed to how Malaysia’s economy slowed in 4Q19, even before the COVID-19 outbreak, which occurred at the start of this year.
Berjaya Land inks concession agreement with Yangon govt for RM3b mixed project
The land is located at the corner of Myanandar Road and Shwe Li Road, Dagon Seikkan Township in Yangon, which BLand said is easily accessible from the Ayer Wun Selsat Road and Shwe Li Road.
PMO: Dr M never said bribery allegations against Airasia were 'offset' payments
In a statement, PMO clarified that Prime Minister Tun Dr Mahathir Mohamad did not suggest that the recent allegations of bribery against AirAsia executives were offset payments.
Govt lowers RON95, diesel prices for the first time in a year
This is the first reduction in the retail prices of both fuel products since February 2019.
Samling sues Ekovest over dispute involving Pan Borneo Highway project
Samling is also alleging that Ekovest and ECSB had failed, neglected and/or omitted to discharge their responsibilities with due care and diligence in the implementation of the project.
