Mulpha International up 2.34% on disposing Cairns resort for RM188m

Jul 18

KUALA LUMPUR (July 18): Mulpha International Bhd shares rose 2.

Incompetent contractor reappointed to complete abandoned sports school project

Jul 16

KUALA LUMPUR (July 15): The construction of the Perlis Sports School (SSM Perlis) has been delayed for nearly five years since it was first approved under the 9th Malaysia Plan, says the Auditor General's Report 2018 Series 1.

MAHB says Syarikat Pembinaan Anggerik raised claim to RM66.83m

Jul 16

KUALA LUMPUR (July 16): Malaysia Airports Holdings Bhd (MAHB) said Syarikat Pembinaan Anggerik Sdn Bhd has raised its claim over alleged losses pertaining to development and upgrading works at the Penang International Airport to RM66.

Pegasus Heights sees impact from cancelled RM24m project

Jul 16

KUALA LUMPUR (July 16): Pegasus Heights Bhd, formerly known as Naim Indah Corp Bhd, said its contract as a project management consultant for a 30-storey mixed commercial development at Teluk Likas, Sabah, has been terminated.

YR1M CEO: Najib's private secretary told me to get Ihsan Perdana to move RM42m into Najib's accounts

Jul 16

KUALA LUMPUR (July 16): Former Yayasan Rakyat 1Malaysia (YR1M) chief executive officer Ung Su Ling told the High Court here today that the instructions to transfer RM27 million and RM5 million on December 26, 2014 and RM10 million on February 10, 2015 into Datuk Seri Najib Razak's accounts at AmBank came from his late private secretary Datuk Seri Azlin Alias.

SRC borrowed RM4b from KWAP — and must repay more than RM9.2b

Jul 16

KUALA LUMPUR (July 15): A former senior partner with law firm Hisham, Sobri & Kadir, who acted for the Retirement Fund Inc (KWAP), told the High Court that SRC International Sdn Bhd will have to pay back more than RM9.

Berjaya Land seeks entry into Iceland's hotel market via acquisition

Jul 15

KUALA LUMPUR (July 15): Berjaya Land Bhd (BLand), which is controlled by tycoon Tan Sri Vincent Tan, is buying a 75% stake in Icelandair Hotels ehf in a US$53.

Funds from Jho Low-linked firms to Najib were for 'loan purposes', says witness

Jul 15

KUALA LUMPUR (July 15): Transactions from accounts linked to fugitive businessman Low Taek Jho — better known as Jho Low — into the AmBank account of Datuk Seri Najib Razak in 2015 included transaction details which described them as loan payments, and not donations as the former prime minister had claimed previously.