Titijaya partners Tokyu Land to develop RM1.5b Riveria City
Under the partnership, TLA will invest RM80 million in RCSB, of which RM40 million is for equity participation and another RM40 million for project financing.
TSR Capital raising internal funds to support ongoing projects
“Our order book is currently RM1 billion with bids for RM1 billion mostly for infrastructure projects,” explained TSR Capital executive director Joshua Lim. “We have our own fleet of machinery and we want to make use of that."
One of Petaling Jaya’s oldest supermarkets to shut down
Cold Storage, which has operated since the shopping centre was known as Jaya Supermarket, started a closing-down sale on Saturday, but the shelves were already practically empty by 5pm on the same day.
Mental check on Samy Vellu
Vell Paari wants a date be fixed by the court to hold an inquiry into his father’s mental health condition and that Samy Vellu be brought before the court.
Some construction players bid below cost to survive — Gamuda
As such, Gamuda Bhd prefers to look overseas for more contracts and aims to derive half of its construction revenue and profit from international jobs over the next three years.
Frankly Speaking: Tun Razak would be proud of Salwani and Saadatul
Razak would have been very proud of the two brave civil servants who stood up against instructions they felt were against the interests of the nation.
IGB’s new commercial REIT plan stirs excitement
The proposed plan, which entails the establishment and listing of the REIT onto Bursa Malaysia’s main market, will make it the group’s second REIT after its retail REIT, IGB REIT, which was listed in 2012.
Kuo: All the companies I bought into have managed to turn around
“Our goal here is to increase Mudajaya’s revenue and profit. What we will do is to try our best to put in resources like capital and business relationships, to make the company great again. It has huge potential and is undervalued,” Kuo said.
What were removed from the 1MDB audit report
“There were passages in that report that caused concern to Najib though they were true in fact ... He took positive steps to have those passages altered or removed ... Despite the report was ready to be placed before the PAC in Parliament, a meeting was convened on Feb 24, 2016 at Najib’s behest ... As a result of what transpired at that meeting, the relevant passages were amended or removed.”
GSH reports jump in 3Q earnings to S$7.3m on revenue contribution from maiden KL project
This translated to earnings per share of 0.370 (Singaporean) cents for 3Q19, compared to 0.107 cents in 3Q18.
