News by The Edge Financial Daily

Jesselton Duty-Free is located at the ground floor of Jesselton Mall. 

WSJ identified them as a UAE citizen who once led Abu Dhabi’s IPIC, and an American who ran a subsidiary of IPIC.

“But moving forward, we will see some light at the end of the tunnel after the revival of ECRL and Bandar Malaysia."

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.

The contract also includes associated works for the DTFZ development at the KL International Airport, Sepang, Selangor – Main Distribution Substation.

This follows a successful cost rationalisation exercise involving overpriced megaprojects and public-private partnership (PPP) payments.

The land is being sold to Singapore’s real estate giant Mapletree Investments Pte Ltd.

“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."

“If the arrest had been undertaken anywhere else in the world, the cost would have been two to three times more. Further, no commission is also payable to the broker because it is a directly negotiated sale,” said the AG.

“The Malaysian economy’s fundamentals are strong and robust, and we remain confident of the country’s resilient growth trajectory,” he said in a statement yesterday.