Ten Cabinet line-up changes, two ministry portfolio splits in reshuffling by PM
Deputy Education Minister Lim Hui Ying is now the deputy finance minister, while Steven Sim has been appointed as the new human resources minister.
Crest Builder says UiTM concession company still has 11-year maintenance works contract remaining
UniTapah Sdn Bhd, in which Crest Builder Holdings Bhd is buying the remaining 49% stake for RM43.61 million, has 11 years remaining on its maintenance works contract for the UiTM campus in Tapah, Perak.
Govt to announce new NEM quota as private rooftop solar quota fully filled up
The government is looking at releasing more net energy metering (NEM) quotas for rooftop solar installations for residential, commercial and industrial buildings before the year ends, as the existing quota that was expanded this year was filled up last week.
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Sime Darby's 1Q profit lifted by Malaysia Vision Valley land sale, revenue up 14% to RM13.98 bil
Sime Darby Bhd's net profit its first quarter ended September (1QFY2024) rose to RM589 million from RM207 million in 1QFY2023, as all segments improved, led by the industrial division, coupled with a RM251 million gain on disposal of Malaysia Vision Valley land to Sime Darby Property Bhd.
YTL Corp posts 14-fold increase in 1Q profit to RM521.7 mil
YTL Corp Bhd posted its best quarterly net profit since 2006 at RM521.7 million in the quarter ended Sept 30 (1QFY2024), as all business segments' contributions grew save for construction.
SkyWorld posts RM19m quarterly profit, declares 1.25 sen dividend
SkyWorld Development Bhd has declared its first interim dividend of RM12.5 million or 1.25 sen per share for the second quarter ended Sept 30 (2QFY2024), after posting a net profit of RM19.1 million or 2.53 sen per share.
Eurospan’s RM55 mil sale of assets to controlling shareholder 'fair and reasonable', says independent adviser
Eurospan Holdings Bhd’s proposed RM54.55 million sale of its furniture manufacturing unit and properties in Seberang Perai to its controlling shareholder for future leaseback has been deemed “fair and reasonable” by independent adviser Mainstreet Advisers Sdn Bhd.
Crescendo sells third Pulai land for RM315 mil cash
Crescendo Corp Bhd has announced its third land disposal in Pulai, Johor Bahru, this time three vacant pieces of land measuring 2.62 million sq ft for RM315.17 million cash to Microsoft Payments (M) Sdn Bhd.
Apex Equity to sell Menara Apex to New Era University College’s parent company for RM55m
Apex Equity Holdings Bhd is disposing off the 11-storey Menara Apex in Kajang, together with the land, for RM55 million to Era Edu Sdn Bhd, which operates the New Era University College education arm.
Sick, abandoned housing projects' loan restructuring subject to financier’s discretion, says minister
Approvals to restructure loans and reduce interest on loans for buyers of “sick and abandoned” housing projects are subject to the discretion of the financier, said the Minister of Local Government Development Nga Kor Ming.
