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News by theedgemarkets.com

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Semantan Estates’ lawyer says Kenari Maluri should not be allowed to be intervener in land dispute with government

19 March, 2021

"Kenari Maluri has no locus or right to intervene. The company is not even a shareholder in Semantan. Yet it claims to represent the majority shareholders (in Semantan Estates) to act on behalf of the company (Semantan Estates) against the government.”

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Challenging year ahead for retail, hospitality segments, says KLCC REIT

19 March, 2021

In its 2020 annual report, KLCC REIT chairman Tan Sri Ahmad Nizam Salleh said the second Movement Control Order, which came into effect on Jan 13, 2021, is expected to delay recovery in the retail and hospitality sectors.

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IOI Corp returns 5,000 hectares of disputed native land in Sarawak

19 March, 2021

It said in a statement that in resolving the communities’ communal and individual land claims made during the community participatory mapping stage, its unit IOI Pelita had offered to relinquish their interest over all the remaining land in Miri which had not been planted with oil palm by them.

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Widad Group completes acquisition of UiTM concession holder Serendah Heights

19 March, 2021

The construction and integrated facilities management company said that SHSB is a concession holder for the development, construction and maintenance of the Universiti Teknologi MARA (UiTM) campus in Jasin, Melaka

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Prosecution’s case in Zahid’s CBT, corruption, money laundering trial comes to a close

19 March, 2021

Former deputy prime minister Datuk Seri Ahmad Zahid Hamidi is facing 47 charges involving millions of ringgit belonging to his charity arm Akalbudi Foundation. 

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MRL, CCC-ECRL launch safety campaign in Pahang

19 March, 2021

... which aims to achieve "making zero Lost Time Injury accidents a reality" for the ECRL project.

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Sheng Tai inks deal with IWG to open flexible workspace in Malaysia

19 March, 2021

... with brands including Regus and Spaces.

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Zahid's foundation cannot receive political donations — MACC officer

18 March, 2021

Malaysian Anti-Corruption Commission (MACC) investigating officer Khairudin Kilau told the court this when Zahid’s lawyer Datuk Ahmad Zaidi Zainal suggested that the money was actually political donations from third parties which the former deputy premier parked in Yayasan Akalbudi’s bank account.

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Covid-19: Malaysia reports 1,213 new infections on first anniversary of MCO

18 March, 2021

Active cases that carry high transmission risks dropped further to 14,782, as new daily Covid-19 recoveries — which came in at 1,503 — continue surpassing new infections

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Ageson sues former MD, director and others over alleged scheme to defraud company

18 March, 2021

Chu Jong and Chu Pak were previously shareholders of Ageson who resigned from their directorships in June last year.

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