RM1mil down, RM2.5mil to go: Najib posts first stage of bail
Najib has been given until Sept 28 to pay the full amount of RM3.5 million.
Stronger earnings growth expected for JAKS Resources in 2H
Despite 1HFY18 profit after tax and minority interests (Patmi) rising more than 44% year-on-year (y-o-y), earnings still fell short of Affin Hwang Capital Research's previous forecast, delivering only 32% of our full-year forecast.
KL Kepong property unit’s profit contribution expected to grow
KLK has launched the maiden phase of North Haven Coalfields, Hemingway Residences which comprises 158 units of superlink homes (lot size 24ft x 90ft) and 94 units of semi-detached homes (lot size 40ft x 100ft).
1MDB prosecutors and investigators meet in Putrajaya - AGC
The meeting included prosecutors, civil recovery specialists and investigators from the United States, Singapore and Switzerland who were involved in the 1MDB investigation.
Sentosa Cove's strength becomes its weakness as cooling measures bite – report
Higher stamp duties on property sales – 20% for foreigners compared with 3% for foreigners – which took effect July 5 have exerted more pressure on the cove, which stood out for being the only place where non-citizens can buy landed homes.
Penang confident of meeting affordable homes target by 2022
The state government of Penang can achieve its target of providing 75,000 affordable homes by 2022.
New EIA on Penang highway project needed
Penang Forum member Kam Suan Pheng, who is a soil scientist, has said that the tunnels for the proposed PIL 1 highway would cross fragile granitic fault lines.
WCT order-book level seen as healthy
WCT’s order book increases substantially to around RM6.8 billion (from RM5 billion), which translates into a healthy cover of 4.9 times on financial year 2017 (FY17) construction revenue.
UPDATE: Najib detained over RM2.6bn in personal bank account, says MACC
He will be taken to the Kuala Lumpur Sessions Court tomorrow (Sept 20) at 3pm where he will be read the charges.
