Interest Rate Waiver: Imperative that short-term relief measures do not incur long-term damage to economy — BNM
“If banks become more reluctant to lend to this segment of borrowers due to perceived high risks, this would be a concern.”
Malaysia's Covid-19 cases drop further to 13,754 on Sept 23
Selangor reported the highest number of cases today with 1,985, followed by Johor (1,913), Sarawak (1,766), Sabah (1,629), Kelantan (1,264) and Penang (1,052).
Najib's second SRC trial to begin after conviction appeal decision — DPP
“Following that (case management), Justice Zaini fixed Jan 7 [next year] as another case management [date], pending the decision on the [RM42 million] SRC case [in the Court of Appeal].”
Hock Seng Lee 2Q net profit rises two-fold on stronger contribution from construction segment
The Sarawak-based infrastructure company saw its net profit increase 121.58% to RM8.76 million from RM3.95 million.
Scomi partners ODESI to explore development of urban solar programme
... to sell and purchase electricity generated from solar photovoltaic systems.
Glomac posts 1Q net profit of RM1.73m, plans RM282m new launches in FY22
Revenue slipped 38.47% to RM28.84 million from RM46.87 million last year.
Double tracking project suit: Jan 11 fixed to hear govt's motion for leave to appeal to apex court
The date was fixed by Federal Court deputy registrar Rasidah Roslee during case management today.
TAFI signs JV agreements for five property projects worth RM621.5m in Pahang
For all five JV projects, TAFI’s wholly-owned subsidiary Gerak Mahir Sdn Bhd will be bearing the cost of the development, while the JV partners will be providing the project land.
Crest Builder narrows net loss to RM4m in 2Q
For the quarter, revenue increased by 60.19% to RM90.06 million from RM56.22 million in the previous year.
Top Builders’ restraining order against creditors extended until Dec 31
Judicial Commissioner Ong Chee Kwan, who granted the extension, also fixed Nov 25 to hear the group’s sanction application to approve a scheme of arrangement.
