MRCB 2Q revenue almost doubles on stronger engineering and construction contribution
KUALA LUMPUR (Aug 29): Malaysian Resources Corp Bhd’s (MRCB) revenue almost doubled to RM756.
Buyers queue for three days at Taman Mutiara Rini’s latest launch
SKUDAI (Aug 29): More than 200 interested purchasers queued up for three days prior to the launch of the latest double-storey terraced houses in Taman Mutiara Rini in Skudai, Johor recently.
Syed Mohamed is now Encorp chairman
KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.
Sime Darby makes record RM684 mil impairment to give pure plays a clean start
KUALA LUMPUR (Aug 26): Sime Darby Bhd, which is set to list its plantation and property arms — Sime Darby Plantation Bhd (SD Plantation) and Sime Darby Property Bhd (SD Property) — separately on Bursa Malaysia by November, has undertaken a record impairment at the group level to provide a clean sheet for their financials, moving forward.
IKEA to set up RM908 mil regional hub in Malaysia
KUALA LUMPUR (Aug 23): The world’s largest furniture retailer IKEA will invest RM908 million to set up a regional distribution and supply chain centre in Malaysia to serve the Asean market.
Mohd Isa is a suspect, not witness, says MACC
KUALA LUMPUR (Aug 21): Former Felda chairperson Mohd Isa Samad is a suspect in the purchase of two hotels by Felda Investment Corp (FIC), the MACC confirmed today.
PKNS stimulates property take-up with cash incentives for introducers
SHAH ALAM (Aug 21): The Selangor State Development Corp (PKNS) is offering cash incentives of between RM4,000 and RM10,000 to those who introduce its properties to buyers through the MyPKNS Incentive Programme.
Isa Samad remanded for five days over MACC investigation
PUTRAJAYA (Aug 16): Former Felda chairman Tan Sri Mohd Isa Abdul Samad (pictured) was remanded for five days from today to assist the Malaysian Anti-Corruption Commission (MACC) in its probe into the purchase of a posh hotel by Felda Investment Corp (FIC) in Kensington, London, between 2014 and 2015, Bernama reported today.
MACC seeks to have Isa remanded over probe — report
KUALA LUMPUR (Aug 16): The Malaysian Anti-Corruption Commission is seeking to secure an order to remand to former Felda chairman Tan Sri Mohd Isa Abdul Samad over its investigation into several cases, Bernama reported.
Red Carpet 2 @ i-City opens today
SHAH ALAM (AUG 15): Malaysia’s first interactive wax museum in Malaysia, Red Carpet 2 @ i-City in Shah Alam, was launched today by Malaysia Tourism and Culture Minister Datuk Seri Mohamed Nazri Abdul Aziz.
