Hastiness in issuance of GG and KWAP loan raises suspicions, prosecution submits in Najib trial
KUALA LUMPUR (June 3): The hastiness in the issuance of the government guarantee (GG), and disbursement of funds, with regards to the RM4 billion loan taken by SRC International Sdn Bhd from the Retirement Fund Inc (KWAP) raises suspicions and points to power abuse, the High Court was told today.
Prosecution leaves hole in their case by not calling SRC CFO to testify, Najib's lawyers argue
KUALA LUMPUR (June 2): Former prime minister Datuk Seri Najib Razak's (pictured) lawyers submitted in court today that the prosecution has left a big gap in their case by not putting on the stand SRC International Sdn Bhd chief financial officer (CFO) See Yoke Peng as a witness to verify that she had approved the transfer of hundreds of millions of ringgit out of the company.
Dr Mahathir says the idea of Bersatu leaving Pakatan Harapan 'surprises' him
KUALA LUMPUR (June 2): Former prime minister Tun Dr Mahathir Mohamad (pictured) said in video clip on YouTube today that the idea of Parti Pribumi Bersatu Malaysia leaving Pakatan Harapan (PH) surprises him because Bersatu had joined PH to topple ex-prime minster Datuk Seri Najib Razak's administration.
Starhill Global REIT to raise S$100m 5-year notes at 3.15% per annum
KUALA LUMPUR (June 2): YTL Starhill Global REIT Management Ltd, the manager of Singapore-listed Starhill Global Real Estate Investment Trust (Starhill Global REIT), said it has priced its 5-year S$100 million medium term notes at 3.
Pintaras Jaya secures RM119m piling project in Singapore
KUALA LUMPUR (June 1): Pintaras Jaya Bhd has bagged a piling contract worth S$39 million (RM119 million) in Singapore.
重点报道:下一个产业热点——Bangi
雪州Bangi的地标无疑是占地2,710英亩的Universiti Kebangsaan Malaysia(UKM)。这所大学也是马来西亚历史最悠久的国立大学之一,校园范围之大甚至有一片稻田,用于农业科学研究所用。 Bangi位于吉隆坡市中心以南的30km,坐落在雪州和森州的边界,夹在 Putrajaya和 Semenyih之间。 Knight Frank Malaysia董事经理Sarkunan Subramaniam告诉EdgeProp.
Perpetual securities: Singapore developers clear up misperceptions
SINGAPORE (May 30): On May 13, during a 1HFY2020 results briefing by Frasers Property’s (FPL) management, there were some questions on the company’s higher gearing, which had risen to 106.
Hap Seng 1Q net profit grows marginally, declares 10 sen dividend
KUALA LUMPUR (May 29): While the Covid-19 pandemic has disrupted its businesses during the quarter under review, Hap Seng Consolidated Bhd’s net profit managed to grow marginally by 1.
CMMT’s 1Q NPI falls on lower rental income amid MCO
KUALA LUMPUR (May 21): Capitaland Malaysia Mall Trust (CMMT) said its earnings in the first quarter ended March 31, 2020 was affected by lower rental income from its shopping malls, following the implementation of the movement control order (MCO).