Mental check on Samy Vellu
Vell Paari wants a date be fixed by the court to hold an inquiry into his father’s mental health condition and that Samy Vellu be brought before the court.
Some construction players bid below cost to survive — Gamuda
As such, Gamuda Bhd prefers to look overseas for more contracts and aims to derive half of its construction revenue and profit from international jobs over the next three years.
IGB’s new commercial REIT plan stirs excitement
The proposed plan, which entails the establishment and listing of the REIT onto Bursa Malaysia’s main market, will make it the group’s second REIT after its retail REIT, IGB REIT, which was listed in 2012.
Kuo: All the companies I bought into have managed to turn around
“Our goal here is to increase Mudajaya’s revenue and profit. What we will do is to try our best to put in resources like capital and business relationships, to make the company great again. It has huge potential and is undervalued,” Kuo said.
What were removed from the 1MDB audit report
“There were passages in that report that caused concern to Najib though they were true in fact ... He took positive steps to have those passages altered or removed ... Despite the report was ready to be placed before the PAC in Parliament, a meeting was convened on Feb 24, 2016 at Najib’s behest ... As a result of what transpired at that meeting, the relevant passages were amended or removed.”
Menara Weld and The Weld Shopping Centre up for sale
An advertisement that appeared over the weekend for the assets states that the sale of the building is being conducted through a tender exercise.
Halim wants Gamuda’s toll concessions, on top of PLUS
Halim’s surprising bid came shortly before the cut-off date, which is today, for Minister of Finance (MoF) Inc, Gamuda and Litrak to negotiate and finalise the terms of a definitive agreement.
Most Malaysians look to emigrate for career, work-life balance
“Companies in these markets are perceived to be able to provide higher salaries and support healthier work-life initiatives. These markets also have better currency exchange rates, appealing to locally-based talent,” said Randstad in a statement yesterday.
Office glut pushes Tower REIT to innovate
After reinventing its Menara HLA by offering co-working and co-living spaces, Tower REIT, part of the Hong Leong Group, is also looking to revamp another asset in an attempt to improve occupancy and net property income.
Hong Leong’s Tower REIT to reinvent co-working space
Start-ups coming here will gain access to funding, market, data and marketing opportunity.
