Gamuda active, falls 12.50% as govt starts talks to buyout highways
MIDF Amanah Investment Bank Bhd Research said the impact to Gamuda’s earnings is net negative, as the move will result in earnings vacuum.
Ringgit to move in range of 4.0893 – 4.1008 against USD today, says AmBank Research
There were strong foreign buying interest on the Malaysian Government Securities (MGS) 7-15 year tenors, with yields down by 1-4 basis points (bps).
Berjaya Land inks deal to develop US$1b Four Seasons Resort in Japan
In a Bursa Malaysia filing today, BLand said its unit Berjaya Okinawa Development Co Ltd had inked the deal, which would take four years to complete, with a projected total development cost of US$400 million.
Sungai Buloh land deal done in professional manner, says EPF
“The transaction was done at an arm’s length basis for the development of Kwasa Damansara, a township with a mix of residential and commercial properties, infrastructure and public amenities.”
Toll hike freeze to cost Putrajaya RM994m
Pakatan govt is studying best method to fulfil election promise.
MRCB rises 4.27% on receiving RM1.07b from EPF
Bukit Jalil Sentral, which measures 76.14 acres, is a mixed development project with a GDV of RM21 billion
Jho Low to be charged for laundering US$1.03 billion
He faces a fine not exceeding five million ringgit or imprisonment not exceeding five years; or both.
Ex-1MDB executive director Geh to be charged for US$125m CBT
He is being accused of having dominion over 1MDB’s property and committed CBT in respect of the said property.
Casey Tang to charged for US$2.41 billion CBT and money laundering
He faces a fine not exceeding five million ringgit or imprisonment not exceeding five years; or both.
Jho Low & Eric Tan to be charged for laundering US$125.97m
It is understood that the prosecutors will ask court to issue warrants of arrest against them.
