Perak govt to review all projects 15% done or less
KUALA LUMPUR (Aug 9): Perak’s government will suspending all “mega” projects which are 15% completed or less so that they can be reviewed.
Sick of 4-hour commutes, Penangite groups back PTMP
PETALING JAYA (Aug 9): Some Penangites who are sick of traffic jams along the roads to the Bayan Lepas Free Industrial Zone have thrown their weight behind the contentious Penang Transport Master Plan (PTMP) via a petition supporting the project.
Gamuda to lose O&M contract with SPLASH, says Xavier
KUALA LUMPUR (Aug 9): Gamuda Bhd's 80%-owned unit Gamuda Water Sdn Bhd would not continue to be the operation and maintenance (O&M) contractor for the SSP3 Water Treatment Plant, according to Minister of Water, Land and Natural Resources Dr Xavier Jayakumar.
A-G defends Sitpah's appointment to claim RM1b Equanimity on 1MDB's behalf
KUALA LUMPUR (Aug 9): Attorney-General Tommy Thomas has defended the appointment of Sitpah Selvaratnam, a senior shipping and maritime lawyer in his former law firm, to handle the government's claim of Equanimity, a RM1 billion super yacht that was bought using funds allegedly siphoned from 1Malaysia Development Bhd (1MDB).
Axis REIT acquires RM18.5 mil industrial asset in Negeri Sembilan
KUALA LUMPUR (Aug 9): Axis REIT has paid RM18.
1MDB still owns Air Itam land, says Penang CM
PETALING JAYA (Aug 9): 1Malaysia Development Bhd (1MDB) is still the registered owner of 234 acres of land in Air Itam, Penang, even after it was sold to another company as the transfer of ownership is incomplete, reported the Malay Mail.
Perak govt: There will be no cable car for Taiping’s Bukit Larut
KUALA LUMPUR (Aug 9): Taiping folk who have dreamt of a cable car service for the town’s lovely Bukit Larut may be disappointed.
MIEA: Property investors to make a comeback
PETALING JAYA (Aug 9): Malaysian Institute of Estate Agents (MIEA) holds an optimistic outlook of the property market and believes that real estate investors will make a comeback, due to improving fundamentals under the new government and new policies to address the sector's issues.
Najib’s lawyer Muhammad Shafee slams judges’ transfer as ‘unfair’
KUALA LUMPUR (Aug 9): Tan Sri Muhammad Shafee Abdullah (pictured), leading former prime minister Datuk Seri Najib Razak’s legal defence team, is unhappy with the transfer of judges in Najib’s case involving money laundering, criminal breach of trust (CBT) and abuse of power in relation to SRC International Sdn Bhd.
TTDI high-rise project can be axed – if RM110m compensation paid
PETALING JAYA (Aug 9): The developer of a contentious high-density, high-rise development at Taman Rimba Kiara (TRK) in Taman Tun Dr Ismail, Kuala Lumpur, is willing to cancel the project if Dewan Bandaraya Kuala Lumpur (DBKL) is willing to pay RM110 million in compensation, reported The Star.
