Selangor Dredging’s RM71m land disposal in Damansara Heights falls through
This is because the purchaser, Bukit Selesa Developmemnt Sdn Bhd, has yet to obtain approval from the relevant authority in regards to the development order
Seacera shareholders in another EGM bid to remove directors
The group said six shareholders, who claim to collectively hold at least 10% of its issued share capital, are seeking an EGM on Dec 3 to consider appointing six new directors and removing nine existing ones.
Auditor of Multi-Usage issues qualified opinion on financial statement
Previously, some transactions related to its SPV had led to its auditors raising concerns.
Puncak Niaga appoints Abdul Jalil Abdul Karim as new MD
Abdul Jalil, 55, takes over the reins from Datuk Zainal Abidin Salleh, who resigned due to health reasons. Abdul Jalil was previously the chief executive officer of Merge Energy Bhd.
G3 says yet to receive decision from TPM on bid for land to develop AI park
In April, G3 had inked a memorandum of understanding with SenseTime Group Ltd and China Harbour Engineering Company Ltd (CHEC) to set up the AI park in Malaysia, with a total investment of US$1 billion.
Putrajaya raises minimum wage to RM1,200 for urban workers
The minimum wage was previously raised to RM1,100 per month, starting from January 2019.
Economic Outlook 2020 Report: Household debt increases slightly to RM1.22 tril
Nevertheless, household debt, which has been moderating since 2015 thanks to various macro-prudential and financial literacy measures, is expected to remain manageable in 2019 and 2020.
Dr Mahathir: 'New' Utusan will rehire employees of shuttered old entity
Mahathir dubbed the media group as the "new" Utusan, which will rehire Utusan Melayu employees, who will be retrenched at the end of this month.
Axis REIT acquires industrial property in Nilai for RM50m
The leasehold land with a gross floor area of 246,500 sq ft comprises a single-storey factory with a double-storey office annexed, and also houses a single-storey refuse collection centre, a guard house and a TNB sub-station.
PRG ventures into timber logging to diversify revenue
The group secured its shareholders' approval to buy two teak tree plantation lands, measuring 364.79 hectares, worth RM89.2 million, located in Kelantan, from Alifya Forestry Sdn Bhd.
