News about Malaysia

KUALA LUMPUR (Jan 17): Kossan Rubber Industries Bhd is disposing of a vacant freehold industrial land in Kuala Langat, measuring 390,397 sq metres, for RM147.

KUALA LUMPUR (Jan 17): The restructuring exercise of PLUS Malaysia Bhd’s concession agreements to bring about toll rate reductions is believed to entail the securitisation of its future cash flow estimated at RM7.

KUALA LUMPUR (Jan 16): Shell Malaysia Trading Sdn Bhd has waived the 50 sen top-up fee on Touch 'N Go at all 27 of its stations located along the North-South Expressway (NSE) effective today.

PETALING JAYA (Jan 16): Guangdong-based property developer Country Garden Group has appointed Su Bai Yuan (pictured) as regional president for Malaysia and Singapore, announced Country Garden Malaysia in a statement today.

  KUALA LUMPUR (Jan 16): The construction industry saw a recovery in sentiment in 2019, amid news of the government’s intention to revive several mega infrastructure projects that were put on hold or postponed after the government change in 2018.

KUALA LUMPUR (Jan 15): The Cabinet had at its meeting today decided that highway concessionaire PLUS Malaysia Bhd will not be sold and will remain under its current shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF), according to sources.

PETALING JAYA (Jan 15): Country Garden Malaysia regional president Jason Fu (pictured) has resigned from the subsidiary of Hong Kong-listed Country Garden Holdings Co Ltd, after four years and five months of helming its operations in Malaysia and Singapore.

The Lunar New Year came a bit early for folks at EdgeProp.

KUALA LUMPUR (Jan 14): Khazanah Nasional Bhd and the Employees Provident Fund (EPF) have never put highway concessionaire PLUS Malaysia Bhd up for sale and should the government decide to let go of PLUS, the next step is to conduct a formal engagement with the current shareholders.

KUALA LUMPUR (Jan 14): The High Court has set Feb 5 for another mention of the government's RM27.