Kerjaya Prospek bags RM332m construction job in KL
This is its second construction job this month, bringing its contract secured to RM948.95 million year to date.
E-wallet space likely to see consolidation this year
“It (e-wallet) is a very expensive game, so consolidation will come because some [smaller] players will just fall off, while some bigger players may look into mergers and acquisitions."
Touch 'n Go's system down temporarily as Malaysians flock to claim RM30 e-Tunai
When contacted, TNG Digital Sdn Bhd chief executive officer (CEO) Ignatius Ong said the crash in the system was due to the “extreme surge” in traffic. Ong, however, noted that the company was able to "stabilise the system”. He added that the system is "back to normal".
Bank Negara's revised anti-money laundering guidelines to take effect tomorrow
The guidelines are for designated non-financial businesses and professions (DNFBPs) and non-bank financial institutions (NBFIs) such as licensed casinos carrying on gaming business, moneylenders and pawnbrokers.
GSB expects to turn profitable in FY20
Speaking to reporters after its extraordinary general meeting (EGM) here today, GSB executive chairman Datin Toh Siew Chuon said the group's strategy is to continue to focus on residential property development. However, should there be any opportunity to go into other types of development, GSB will explore it.
Genting 3Q profitable on absence of RM1.83b impairment loss
The diversified group pointed out that the loss last year was mainly due to a RM1.83 billion impairment loss by its 49.45%-unit Genting Malaysia Bhd (GenM) in an investment in promissory notes issued by the Mashpee Wampanoag Tribe to finance the tribe’s development of an integrated gaming resort in Taunton, Massachusetts, US.
YTL Hospitality REIT 1Q NPI up 11%, declares 1.96 sen dividend
In a filing with Bursa Malaysia, the REIT said the 12.6% increase in master leases to RM36.3 million was mainly due to the acquisition of The Green Leaf Niseko Village in September 2018 and additional rental from JW Marriott Hotel Kuala Lumpur effective July 2019, after completion of the reimbursement for renovation costs paid by the lessee.
KPS Consortium claims RM59.7m damages over alleged breach of contract in Rawang
“As a result of the breach of DA, the plaintiff had suffered severe loss and general damages,” KPS Consortium said.
MRCB 3Q earnings hit by re-timing of LRT project and absence of divestment gain
Quarterly revenue declined 43.8% to RM372.74 million from RM663.75 million in 3QFY18.
Ekovest to buy land in Johor for RM1.05b
In a filing with Bursa Malaysia, the company said it has entered into two conditional agreements with IWH, via its wholly-owned unit Timur Terang Sdn Bhd.
