UK retailers see record growth in sales since 1995 as shops reopen
LONDON (July 13): British retailers have reported a record annual increase in sales in the three months to the end of June, reported Reuters.
Daily vaccination rate breaches 400,000 doses
KUALA LUMPUR (July 13): Malaysia’s daily vaccination rate shot up to 419,650 doses on Monday (July 12) — the highest number so far since the country started its vaccination programme in late February, compared with 291,217 doses administered on Sunday.
Public portion of Haily Group’s IPO oversubscribed by 38.81 times
KUALA LUMPUR (July 12): Haily Group Bhd, a building contractor of residential and non-residential buildings, saw 8.
Hong Kong’s New World to demolish two towers of The Pavilia Farm after construction defects detected
HONG KONG (July 12): Hong Kong-based property developer New World Development’s (NWD) has decided to tear down and rebuild two of the seven blocks of its hottest-selling project –The Pavilia Farm, in Tai Wai after discovering serious construction defects, reported Nikkei Asia.
Report: Media Prima paying a high premium to repurchase Balai Berita
KUALA LUMPUR (July 10): There is no question that Media Prima is paying a high premium to repurchase Balai Berita (pictured) at an implied land cost of RM1,000 psf, The Edge Malaysia stated in a report this week.
Sulaiman returns to Cahya Mata as MD, Isaac Lugun made non-independent director
KUALA LUMPUR (July 9): Cahya Mata Sarawak Bhd (CMS) has appointed Datuk Seri Sulaiman Abdul Rahman Abdul Taib as its new managing director, replacing Datuk Isaac Lugun.
Dr M's Pejuang political party finally registered
KUALA LUMPUR (July 8): Parti Pejuang Tanahair led by former premier Tun Dr Mahathir Mohamad is finally registered today.
WCT-CCCC JV to undertake RM899.8m expansion of Sapangar port
KUALA LUMPUR (July 8): WCT Holdings Bhd’s 60:40 joint venture (JV) with China Communications Construction Co (M) Sdn Bhd (CCCC) has accepted the tender offer as the main contractor for the expansion of the Sapangar Bay Container Port in Kota Kinabalu for RM899.
A green oasis in concrete jungle
Jalan Sin Chew Kee is named after the tin mining business and warehouse of Yap Kwan Seng, the last Chinese Kapitan of Kuala Lumpur.
Petronas to power assets in Malaysia with solar energy as part of its sustainability commitment
KUALA LUMPUR (July 8): Petroliam Nasional Bhd (Petronas) has launched an initiative to deploy solar energy at the group's assets across Malaysia to increase efficiency and reduce carbon emissions as part of its sustainability agenda and aspiration of Net Zero Carbon Emissions by 2050 (NZCE 2050).
