News by Supriya Surendran

Individuals conducting online businesses using the social media would also be under scrutiny.

There has been mounting grouses that the previous government did not do enough to promote Malaysia as a holiday destination amid the rising competition in the region for tourist dollars — a good source of foreign exchange income.

Nevertheless, the firm said there are several opportunities within Malaysia to be seen as defensive and investors could monitor on.

Gross, 40, came over to Lafarge Malaysia from Sika AG.

In a filing with Bursa Malaysia yesterday, Parkson said the 71-year old Remsen resigned because he was relocating back to the US due to family reasons.

As a result of the revised offer price, the capital reduction is still higher than the existing issued share capital of Selangor Properties. Hence, a bonus issue is still proposed to be undertaken by Selangor Properties.

Consequential to the revised price, the issued share capital of Selangor Properties will be reduced by up to RM655 million pursuant to the proposed SCR.

This would differ from the stance of his father. The senior Khoo has in the past been reported to have been sentimental about the group's assets, in particular the group's flagship Corus Hotel in London's Hyde Park.

This is according to a study by Khazanah Research Institute released today, in a report called School-To-Work Transition of young Malaysians (SWTS). The report was compiled based on an extensive survey among young Malaysian men and women aged 15 to 29 years in the education system and job market.

The group, whose stock slumped 22% yesterday, is mulling legal options. “We are surprised with the ministry’s decision to impose a precondition that does not follow the process outlined in October, and which is inconsistent with the science, inconsistent with the expert review committee’s recommendations and is contrary to international best practice,” Lynas said in a statement.