FT Ministry to resolve MAS’ claim over Kampung Baru
KUALA LUMPUR (Nov 26): FEDERAL Territories Minister Khalid Abdul Samad will meet with the Malay Agricultural Settlement (MAS) to clarify issues over the administration power of Kampung Baru.
LBS Bina logs fourth straight quarterly net profit fall in 3Q
KUALA LUMPUR (Nov 26): LBS Bina Bhd’s net profit for the third quarter ended Sept 30, 2019 (3QFY19) fell 12.
IGB’s new commercial REIT plan stirs excitement
KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.
UEM Sunrise disposes of Melbourne property for RM355m
KUALA LUMPUR (Nov 23): UEM Sunrise Bhd is disposing of one of its properties in Melbourne for A$125 million (RM354.
Jho Low's Acme obtained US$126m in IMTN bond flip, says auditor
KUALA LUMPUR (Nov 21): Acme Time Ltd, a firm wholly-owned by fugitive financier Low Taek Jho (Jho Low), obtained close to US$126 million in the Islamic Medium Term Note (IMTN) bond flip for the Terengganu Investment Authority (TIA) in 2009, the High Court was told today.
Calls to destroy final audit report shocked NAD director
KUALA LUMPUR (Nov 21): National Audit Department (NAD) director Nor Salwani Muhammad (pictured) was the one who recorded the Feb 24, 2016 meeting where top government officials agreed to amend and destroy the original 1Malaysia Development Bhd (1MDB) audit report, the High Court heard today.
MRL and CCC-ECRL to kickoff recruitment roadshow in December to hire locals for mega project
KUALA LUMPUR (Nov 21): The 640-km East Coast Rail Link (ECRL) project will embark on a recruitment roadshow from December 2019 onwards in a bid to tap local talents in the construction and rail industry to participate in the nation’s largest infrastructure project to-date.
Ex-Auditor General agreed to remove Najib’s meeting with Agong from 1MDB audit report
KUALA LUMPUR (Nov 21): Former Auditor General Tan Sri Ambrin Buang agreed to remove a portion of the 1Malaysia Development Bhd (1MDB) audit report that mentioned a meeting between Datuk Seri Najib Razak and then-Yang di-Pertuan Agong Sultan Mizan Zainal Abidin.
Nearly 1,000 nabbed in raid on online scam syndicate in Cyberjaya
PUTRAJAYA (Nov 21): The Immigration Department said it arrested nearly 1,000 people when it busted the largest online scam syndicate believed to be run by Chinese nationals in the country.
TA Enterprise suffers loss in 3Q on lower earnings from property development, investment holdings
KUALA LUMPUR (Nov 21): TA Enterprise Bhd posted a net loss of RM14.
