News by THEEDGEMARKETS.COM

The World Bank's lead economist for Malaysia Richard Record said it is important for Malaysia to identify a clear set of national investment aspirations in terms of what it wants to offer investors and what the country seeks in return.

Musa's lawyer Tengku Fuad Tengku Ahmad and Jahid's counsel Datuk Firoz Hussein Ahmad Jamaluddin informed the three-member panel, led by Court of Appeal President Tan Sri Rohana Yusuf, of the withdrawal of their appeals.

“At KCH, we have always incorporated the power of technology and innovation to enhance one's experience, bringing people back in time."

“The strength and timing of Malaysia’s economic recovery, however, will depend largely on the timely availability of an effective mass vaccination programme."

The group attributed this to the sale of two parcels of freehold development land for RM98.1 million. On top of that, Tropicana saw higher sales and progress billings across key projects in the Klang Valley and Southern Region.

Domestically, the main projects that contributed to EcoWorld's financial performance in 1QFY21 were: Eco Majestic, Eco Forest, Eco Sanctuary and Eco Sky in the Klang Valley, Eco Botanic, Eco Spring, Eco Summer, Eco-Business Park I, Eco-Business Park II, Eco Tropics and Eco Business Park III in Iskandar Malaysia and Eco Meadows and Eco Terraces in Penang.

EWI said the higher profit was mainly due to the commencement of revenue and profit recognition of Yarra One, following progressive handover of units sold to customers and higher share of results in joint ventures.

Selangor is still the state with the highest number of cases with 356 infections, followed by Sarawak (308), Johor (129) and Penang (113).

In a bourse filing, the company that made its Bursa debut in 1990, said its entire issued share capital will be removed from the local stock exchange at 9am that day. Trading of the firm’s shares was suspended on March 15.

Gamuda said Penang state government on March 25 accepted the terms of project development of Island A, whereby the project shall be implemented via a project development model through a joint venture with the state government.