Sheng Tai establishes RM10m fund for franchise industry
In a statement today, Sheng Tai said the fund is accessible to the entire franchise community who are members of the Malaysian Franchise Association (MFA).
AirAsia introduces counter check-in fees to encourage use of contactless technology
In a statement, the low-cost carrier said the fees are RM20 per guest for domestic flights and RM30 per guest for international flights.
AME to invest RM25m capex to build new i-Stay@Indahpura workers’ dormitories
The additional two dormitory blocks would be able to accommodate nearly 2,700 persons in i-Park@Indahpura industrial park.
Boustead unveils three-year group-wide transformation plan
The conglomerate said that premised upon the three pillars of Evolve, Efficiency and Excellence, this will set a course for the transformation of the group into a high-performing and sustainable organisation.
Manhattan condo board disputes sale of 1MDB-linked penthouse, says price too low — WSJ
An attorney for the condo board as saying that the contract price can only be described as steeply distressed and unrealistic and one which could adversely affect the market value of other homes at Walker Tower.
Jho Low’s Viceroy L’Ermitage Beverly Hills hotel goes on sale: Report
A report on July 3 described the 116-room boutique hotel as having a rooftop pool, jet-setting clientele.
Malaysian manufacturers see recovery in June
Headline IHS Markit Malaysia Manufacturing Purchasing Managers’ Index (PMI) rose sharply to 51.0 in June, its highest since September 2018.
Zecon 3Q net profit jumps 59.6% to RM9.15m on hospital and Pan Borneo jobs
Reviewing its performance, Zecon said the initial stage of Movement Control Order had affected the targeted recognition of revenue from construction.
Hua Yang narrows 4Q loss to RM4m, full-year net profit at RM2.2m
CEO Ho Wen Yan: As we look forward to the second half of 2020, we are encouraged by the initiatives introduced by the government to spur the property market.
Scientex 3Q net profit dips 4.5% to RM69.62m, declares 10 sen interim dividend
On the property development segment, chief executive officer Lim Peng Jin said Scientex has ensured that all its construction workers have undergone Covid-19 screening to protect their health and safety, and the segment has now resumed normal operations.
