Shafee rubbishes Jho Low's scapegoat claim

KUALA LUMPUR (Jan 6): Former Prime Minister Datuk Seri Najib Abdul Razak’s lawyer Tan Sri Shafee Abdullah has called wanted financier Low Taek Jho a liar for claiming he is not the mastermind of the 1Malaysia Development Berhad (1MDB) scandal, as portrayed publicly.

READ MORE

MCA defends management of TAR UC hostels

PETALING JAYA (Jan 3): In the war of words over the management of the Tunku Abdul Rahman University College or TAR UC between political parties MCA (pictured) and DAP, the former has now defended its management of the college’s hostels.

READ MORE

YTL Hospitality REIT's FY20-21 earnings to grow 9%, says Affin Hwang

KUALA LUMPUR (Dec 31): Affin Hwang Capital Research forecasts YTL Hospitality Real Estate Investment Trust (YTL REIT) to grow its distributable financial year 2020-2021 earnings (FY20-21E) by 9% year-on-year, driven by higher contributions from Green Leaf Niseko Village, JW Marriott KL and Brisbane Marriott Hotel, and lower financing cost for its Australian dollar borrowings.

READ MORE

ASM Development countersues Econpile for almost RM346m

KUALA LUMPUR (Dec 23): Property developer ASM Development (KL) Sdn Bhd (ASMDKL), a unit of Maju Holdings Sdn Bhd, has countersued Econpile Sdn Bhd, a subsidiary of Econpile Holdings Bhd, for almost RM346 million for its failure to carry out work at its Maju Kuala Lumpur project, in response to a suit filed by the construction contractor in March this year.

READ MORE