PETALING JAYA: A group of associations have on Tuesday, June 29, opposed the government's proposed amendments to the Copyright Act 1987, under which it holds the landlords responsbile for tenants' infringements.

4QFY10 : Set for more growth ahead

SEOUL: Prime Minister Chung Un-chan said on Wednesday, June 30 that he will shoulder full responsibility for the South Korean government's failure to have its revised bill on the Sejong City project pass the National Assembly, reports China's Xinhua news agency.

KUALA LUMPUR: Naim Holdings Bhd, a Sarawak-based builder and property developer, has signed a memorandum of understanding with three other parties to explore the prospect of collaborating for the development of two community inter-linked smart cities.

PETALING JAYA: Sunway Holdings Bhd is looking to surpass the record pre-tax profit of RM180 million that it achieved more than a decade ago in its current financial year ending Dec 31, 2010 (FY10).

SYDNEY: Australian home prices rose  moderately in May while sales of new home slipped and consumers cut back on debt, suggesting higher interest rates were working to rebalance the economy to a more sustainable path.

KUALA LUMPUR: Crescendo Corporation Bhd's first quarter earnings rose 6% to RM4.812 million from RM4.522 million a year ago and it expects performance to improve in the current financial year.

It said on Tuesday, June 29 that revenue increased 23% to RM44.69 million from RM36.36 million due to higher sales in construction services and concrete products.

KUALA LUMPUR: Mutiara Goodyear Development Bhd posted net profit of RM8.89 million in the fourth quarter ended April 30, 2010 and expects the current financial year to be satisfactory due to improving outlook for the overall economy.

KUALA LUMPUR: Several property and real-estate development-based companies engaged in share buy-back exercises on Tuesday, June 29, according to separate filings to Bursa Malaysia.

YTL Corporation bought back 42,600 ordinary shares of RM0.50 each for RM 317,762.51, while Hock Seng Lee bought back 33,000 ordinary shares of RM0.20 each for RM45,530.

KUALA LUMPUR: Sri Medan Duck Farm Sdn Bhd (SMDF), a wholly owned subsidiary of Emivest Bhd, acquired four pieces of freehold agricultural land totaling 18 acres in Johor from Ladang Ternakan Maju Sdn Bhd (LTM) for RM2.484 million, the Group said in a filing with Bursa Malaysia on Tuesday, June 29.

The sale includes structures on the land.