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News by theedgemarkets.com

news

HLIB ups MRCB-Quill REIT target price as 1Q profit beats forecast

18 June, 2020

HLIB analyst Nazira Abdullah wrote in note today that the research firm increased its MQREIT earnings forecast by 6% for financial year ending Dec 31, 2020 (FY20) and FY21 on lower expenses and contribution from new tenancy.

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news

Zahid paid RM1.42m in cash for bungalow renovations, testifies contractor in ex-DPM’s graft trial

18 June, 2020

Yayasan Al-Falah is a foundation run by Ahmad Zahid's siblings in honour of their parents, and is chaired by Datuk Seri Mohamad Nasaee Ahmad Tarmizi, who is his younger brother.

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news

PublicInvest sees Genting Malaysia earnings returning to normalcy in FY22

18 June, 2020

“Given these restrictions and possibly the change in consumer behaviour due to fear of contracting the virus, we believe RWG is unlikely to operate at its optimal level until a vaccine is found, which could be at least a year away, according to scientists,” said PublicInvest

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news

High Court rejects Mahathir's injunction application to stay as Bersatu chairman

18 June, 2020

The court has also rejected Datuk Seri Mukhriz Mahathir's injunction application to remain as Bersatu deputy president.

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news

Prosecution to amend charges against Goldman Sachs

18 June, 2020

According to deputy public prosecutor and head of prosecution in the Attorney-General's Chambers Manoj Kurup, the amendments to be made are related to liability.

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news

Record-high YNH now one of the most expensive property stocks

18 June, 2020

YNH expressed plans to launch two high-rise projects this year with gross development value of RM700 million each in a parcel in Genting Highlands, as well as in Dutamas.

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Foundation’s purchase of two bungalows paid for by Zahid: lawyer

18 June, 2020

“With regards to the purchase of the two bungalows on Lot 356 and Lot 403 by Yayasan Al Falah, for which my firm prepared the sales and purchase agreement, the money came from Ahmad Zahid,” said lawyer Faisalluddin Mohamat Yusuff.

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Hilltop Genting casino to resume operations this Friday

18 June, 2020

According to a statement today, the Resorts World Genting (RWG) will reopen at 10am on Friday with enhanced safety measures in place to ensure the health and safety of all its guests and employees.

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news

No compensations costs involved in latest deferment of HSR project, says Azmin

17 June, 2020

Azmin, who lead the Malaysian team in the discussions between the two countries, said the decision to suspend the Kuala Lumpur-Singapore HSR project for the second time to Dec 31 was a mutual agreement between both sides.

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news

TRC Synergy bags MRT2 SSP subcontract worth RM113.99m

17 June, 2020

In a bourse filing, TRC Synergy said its unit Trans Resources Corp Sdn Bhd accepted the contract award yesterday.

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