Ikhmas Jaya active, up 4.76% on securing RM405m subcontract
for the construction and completion of LRT 3 from Bandar Utama to Johan Setia, Package GS09 — Guideway, Stations, Park and Ride, Ancillary Buildings and Other Associated Works.
Defence goes into overdrive to prove Najib was not in control of former 1MDB's unit SRC
Defence counsel Harvinderjit combed through details of SRC’s board meeting minutes and dived deep into certain specific wordings in order to show SRC’s board and its management acted independently from Najib.
Lim Goh Tong's grandson breaks silence amid Donaco leadership transition
Donaco said in filings to the bourse there that the company's former chief operating officer Gerald Tan has also left the business.
Khalid defends YWP role amidst criticism of conflict
Khalid also defended his position as chairman of YWP as a mandatory requirement, as stipulated in YWP's Memorandum and Articles of Association.
MBSB in midst of restructuring for banking unit to be holding company
For that to happen, MBSB still has to convert its conventional assets worth about RM1 billion to Islamic assets, which make up about 10% to 12% of its asset portfolio.
No decision on fuel subsidy yet, says PM
"We have only come to the stage of getting the data. No real decision has been made [on the mechanism]," Dr Mahathir said.
Too much bureaucracy in doing business in Malaysia, says PM
"We see businesses find it difficult to obtain approval to invest and contribute to the growth of the economy," said Dr Mahathir.
BNM's international reserves slip 0.49% to US$102.3b as at end-May
The central bank said in a statement today that its reserves position is sufficient to finance 7.3 months of retained imports and is 1.1 time the total short-term external debt.
Ismee: Najib in control of SRC after memorandum and articles of association changed
When asked by the prosecution about the implication of the amendment, Ismee said: "The implication to SRC is that the advisor emeritus' views would have to be taken into account in material and strategic issues on the company."
Ikhmas Jaya bags two subcontract jobs worth RM75.3m
It has secured two subcontract jobs for the Setiawangsa–Pantai Expressway (SPE or better known as DUKE Phase 3) with a combined value of RM75.3 million, from Knusford Construction Sdn Bhd.
