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Malaysia's active Covid-19 cases drop to 164, lowest since MCO started
Of the two new cases found today, one was detected in Kuala Lumpur and the other in Sabah.
Don’t disallow PKFZ forfeiture case just because CBT charges against OC Phang have been withdrawn — DPP
The nine respondents named in the forfeiture case are Kuala Dimensi Sdn Bhd (KDSB), who is the main contractor of the PKFZ project, along with Transhipment Megahub Bhd, Coastal Skyline Sdn Bhd, Wijaya Baru Aviation Sdn Bhd, Wijaya Baru Sdn Bhd, Wijaya Baru Construction Sdn Bhd, Bintulu MP Datuk Seri Tiong King Sing, Law Ka Hieng and Selangor Development Corporation (PKNS).
MBSB targets 3% to 4% loan growth in FY20
MBSB president and chief executive officer Datuk Seri Ahmad Zaini Othman said the bank will be focusing on the civil servants’ segment.
OCR Group posts higher revenue for 1Q
The improved revenue was mainly attributed to stronger sales and progress billings from the Isola KLCC and PRIYA Scheme Kuantan developments, and initial contribution from the group’s recently soft-launched development, The Mate in Damansara Jaya. OCR also saw higher contributions from construction works for YOLO Signature Suites in 1QFY20.
Shahrol agrees circulars were devised to deceive 1MDB board members
Lead defence counsel Tan Sri Muhammad Shafee Abdullah alluded during cross-examination today that the Directors Circular Resolution (DCR) pertaining to the conversion of 1MDB's 49% equity stake in PetroSaudi Oil Services Ltd (PSOSL), a subsidiary of PetroSaudi International Ltd (PSI), into fund units was worded in such a way to make it difficult for the board members to understand the processes involved.
Tengku Adnan's graft trial ends after last defence witness testifies
Bringing a close to the trial, High Court Judge Justice Mohamed Zaini Mazlan set the dates for prosecution and defence lawyers to give their submissions before the court.
Promising rental growth for office and logistics in Asia Pacific, says Colliers International
According to the report, the office sector is facing increased vacancy and reduced demand in the short term.
UOA Development to have weaker 2Q — Kenanga Research
UOA Development's 1QFY20 sales, amounting to RM114.8 million, came in below its expectations of RM963 million (12%) mainly on the back of sales at United Point Residence and The Goodwood Residence.
Media Prima to lay off 300 staff in second retrenchment exercise
This will be the second retrenchment exercise for the media group after the retrenchment of 543 staff at Media Prima’s publication group New Straits Times Press (NSTP) last March.
PNB ropes in Khazanah’s Zulqarnain Onn as new president and CEO
Ahmad Zulqarnain was the deputy managing director (MD) of Khazanah. He was appointed as one of the two deputy MDs in 2018, in charge of the strategic fund and managing Khazanah’s strategic holdings in GLCs.
