Pasdec’s major shareholder makes RM121.72m takeover bid
KUALA LUMPUR (July 4): Pasdec Holdings Bhd’s substantial shareholder Datuk Seri Tew Kim Thin has launched a bid to acquire 57.
Pasdec's rights issue with warrants oversubscribed by 7.72%
KUALA LUMPUR (July 3): Pasdec Holdings Bhd, a 37.
Don't worry too much about KL property glut as market will eventually adjust itself, says MIP president
PETALING JAYA (July 3): The housing and commercial property glut in Kuala Lumpur is not a great cause for concern as the market will eventually adjust itself to accommodate the excessive supply, said the Malaysian Institute of Planners (MIP) president Ihsan Zainal Mokhtar.
Final cost of ECRL project is actually RM81b, says Lim Guan Eng
KUALA LUMPUR (July 3): The final cost of the East Coast Rail Link (ECRL) project is actually RM81 billion and must be reduced significantly to make it viable financially, according to Minister of Finance Lim Guan Eng.
Pasdec shares to be suspended today pending material announcement
KUALA LUMPUR (July 3): Trading of shares in Pasdec Holdings Bhd, a 37.
Sime-MMC's Pulau Carey port project might be axed on Pakatan’s austerity drive — CIMB Research
KUALA LUMPUR (July 2): Sime Darby Property Bhd and MMC Corp Bhd’s RM200 billion Pulau Carey port project is unlikely to proceed, given the Pakatan Harapan government’s austerity drive and review of mega projects, said CIMB Research analyst Raymond Yap.
Kota Giam, Penang folk to get PPR homes
KUALA LUMPUR (July 2): If all things go according to plan, Kota Giam, Jelutong in Penang will host up to 2,000 People’s Housing Project (PPR) homes.
GLC architect remanded over investigations into RM300m projects
PETALING JAYA (July 1): An architect with a government-linked company (GLC) has been remanded for five days to assist in investigations into the awarding of tenders for RM300 million worth of construction projects, reported Bernama.
No documents destroyed in FT Land and Mines office explosion
KUALA LUMPUR (June 29): Documents and land grants in the Federal Territories Director of Land and Mines Office are safe here after an explosion occurred here yesterday Director Sharez Izuan Md Zaidi assured all that the documents in the room were not destroyed and there were no casualties, Bernama reported today.
Companies to pay more for electricity from July 1
PETALING JAYA (June 29): Companies must pay more for electricity beginning July 1 to December 2018 due to a surcharge for higher fuel and generation costs, said Tenaga Nasional Bhd (TNB).
