News by theedgemarkets.com

Managing director Eric Yong said the group's plan is to push for more construction jobs now that its Shah Alam property development 'The Greens' is almost fully taken up.

Malaysia Rail Link Sdn Bhd (MRL) and China Communications Construction Company Ltd (CCCC) said a total of 1,321 submissions from Construction Industry Development Board (CIDB) registered companies were received by ECRL's main contractor, CCCC, during the Pre-Q exercise on May 29-30 this year.

for the construction and completion of LRT 3 from Bandar Utama to Johan Setia, Package GS09 — Guideway, Stations, Park and Ride, Ancillary Buildings and Other Associated Works.

Defence counsel Harvinderjit combed through details of SRC’s board meeting minutes and dived deep into certain specific wordings in order to show SRC’s board and its management acted independently from Najib.

Donaco said in filings to the bourse there that the company's former chief operating officer Gerald Tan has also left the business.

Khalid also defended his position as chairman of YWP as a mandatory requirement, as stipulated in YWP's Memorandum and Articles of Association.

For that to happen, MBSB still has to convert its conventional assets worth about RM1 billion to Islamic assets, which make up about 10% to 12% of its asset portfolio.

"We have only come to the stage of getting the data. No real decision has been made [on the mechanism]," Dr Mahathir said. 

"We see businesses find it difficult to obtain approval to invest and contribute to the growth of the economy," said Dr Mahathir. 

The central bank said in a statement today that its reserves position is sufficient to finance 7.3 months of retained imports and is 1.1 time the total short-term external debt.