A different Gamuda after asset sale
In just a year, Gamuda Bhd has divested its cash generative concession business.
Skytrax names Plaza Premium Lounge top independent airport lounge
Plaza Premium Lounges in Hong Kong and Brisbane were also ranked among the world’s Top 10.
Jesselton Duty-Free opens in Kota Kinabalu
Jesselton Duty-Free is located at the ground floor of Jesselton Mall.
Two alleged 1MDB co-conspirators sent to jail in Abu Dhabi
WSJ identified them as a UAE citizen who once led Abu Dhabi’s IPIC, and an American who ran a subsidiary of IPIC.
Light at the end of tunnel for Gadang
“But moving forward, we will see some light at the end of the tunnel after the revival of ECRL and Bandar Malaysia."
YTL Cement ups Lafarge M’sia stake
The MGO, at RM3.75 a share, was concluded yesterday with YTL Cement acquiring an additional 220.72 million shares or 25.98% of Lafarge.
Bintai Kinden bags RM20.4m contract for DFTZ works
The contract also includes associated works for the DTFZ development at the KL International Airport, Sepang, Selangor – Main Distribution Substation.
Govt’s 2018 debt, liabilities down y-o-y in proportion to GDP
This follows a successful cost rationalisation exercise involving overpriced megaprojects and public-private partnership (PPP) payments.
Advance Synergy’s cash pile to rise after land sale
The land is being sold to Singapore’s real estate giant Mapletree Investments Pte Ltd.
Pay employees decently, not just reward CEOs — minister
“It is obvious from the data that some companies have CEOs who are paid very high remuneration — 17 times more than the median CEO pay highlighted in this report — despite these companies having reasonably average market capitalisation."
