News by Ahmad Naqib Idris

"Petronas Twin Towers only reached full occupancy for the second tower with total space of 1.25 million sq ft after 10 years.”

“The PR1MA homes that have been completed will still go on sale and the ones currently under construction will still be completed. However, we are freezing the projects that have not commenced construction work as we assess their viability."

The move is to encourage greater adoption of the construction system.

EPF chief executive officer (CEO) Tunku Alizakri Alias: “In terms of quarter-to-quarter performance, the first three quarters of the year were actually not too bad. The bloodbath began in the fourth quarter (4Q).”

During a press briefing on the fund's performance for 2018, EPF chief executive officer Tunku Alizakri Alias said some of the key events that had stirred uncertainty in the markets include the US-China trade war, the plunge in crude oil prices, the Brexit vote and the interest rate hikes and midterm election in the US.

Many say it is difficult to cope with IBS’ high start-up cost amid demands to lower property prices.

MRCB chief financial officer Ann Wan Tee said the group has signed the fixed-price contract with Prasarana Malaysia Bhd and is now going through some redesigning of the project before restarting works.

Mahathir said the EAC was not set up due to the underperformance of the ministers, but instead it was created as a channel for the government to listen to and address the people’s economic concerns.

They include the PM, Azmin, Guan Eng, Rafidah and Zeti

The stake purchase comes on the heels of an earlier announcement by BCorp executive chairman Tan Sri Vincent Tan of plans to restructure his business empire as shares of the group’s listed entities BLand and 7-Eleven Malaysia Holdings Bhd, are largely undervalued, for instance.