Robert Kuok falls off top 100 richest list, Teh Hong Piow slips to rank 380
Kuok and Teh are the only Malaysians listed on the Bloomberg Billionaires Index
Ex-army sergeant who refused Covid-19 vaccination gets leave to challenge his dismissal and withdrawal of pension
This is the first known case of a civil servant challenging the government for being sacked for not wanting to be vaccinated.
Strong Covid-19 vaccine booster data from Pfizer likely to encourage broader use, says Fitch
In a report Wednesday (Oct 27), Fitch however said that the same study did not provide data for a reduction in hospitalisation following a third dose.
Sime Darby Property to acquire 760 acres of land from Sime Darby for RM280m
Sime Darby Property said the proposed acquisition is imperative for the group in securing strategic land banks for its development pipeline in Malaysia Vision Valley.
IGB REIT big beneficiary of revenge shopping on retail sector recovery — CGS-CIMB
"Downside risks: weak tenancy renewals, prolonged negative rental reversion, and a spike in Covid-19 infections,” said the report.
Most of 2022’s solar PV projects risk delay or cancellation due to soaring costs, says Rystad
According to Norway-based independent energy research and business intelligence company Rystad Energy, commodity price inflation and supply chain bottlenecks could lead to the postponement or even cancellation of some of these projects, impacting demand and consumer pricing for solar-generated power.
Najib sues government and Tommy Thomas over ‘malicious prosecution’ in 1MDB-linked case
The former prime minister filed the legal action against Putrajaya and Thomas for alleged malicious abuse of process, misfeasance in public office and negligence, according to the statement of claim sighted by The Edge on Tuesday.
IGB REIT 3Q net property income falls 43% y-o-y; declares DPU of 1.18 sen
Despite the current reopening of retail trades and some initial signs of recovery in business and economic conditions, IGB REIT said “prospects remain cautiously optimistic”.
Starbucks to have near-complete presence in Malaysia by end-2021 with new outlet in Perlis — Berjaya Food
Berjaya Starbucks Coffee Co Sdn Bhd currently has 327 stores across Malaysia, except in the state of Perlis.
Advancecon to acquire 51% stake in quarry operator
The acquisition reflects its strategic intent to diversify into the quarry operation business from the provision of earthworks and civil engineering services.
