Advance Synergy active, up 6.25% on plan to dispose stake in associate
KUALA LUMPUR (Aug 7): Shares in Advance Synergy Bhd jumped 6.
AXIS REIT’s NPI rose 15% in 2Q with bigger portfolio size
KUALA LUMPUR (Aug 7): Axis Real Estate Investment Trust’s (Axis REIT) net property income or NPI rose 15% to RM26.
Gamuda’s proceeds from water deal likely to end in Penang transport project
Gamuda Bhd (Aug 6, RM3.
‘Equanimity must be sold to get something back for Malaysians’
KUALA LUMPUR (August 7): The federal government will eventually dispose of the Equanimity super yacht, which has been linked to funds misappropriated from 1Malaysia Development Bhd (1MDB), according to Finance Minister Lim Guan Eng.
Advance Synergy to gain RM2.38m from sale of 40% stake in London property
KUALA LUMPUR (Aug 7): Advance Synergy Bhd is disposing of its indirect stake in 40%-owned associate Helenium Holdings Ltd, which owns a freehold mixed-use property in Kilburn High Road, London for £8.
Bumper dividend on the cards for KPS from SPLASH sale
KUALA LUMPUR (Aug 7): While the Selangor government’s offer to buy out Syarikat Pengeluar Air Sungai Selangor Sdn Bhd’s (SPLASH) water treatment assets at RM2.
AG: River of Life’s river cleaning programme a mess
KUALA LUMPUR (August 6): Audit of the river water quality control projects under the River of Life (ROL) river cleaning programme has uncovered 13 Extension Of Time (EOT) applications being approved between 45 and 356 days, said the Auditor-General’s (AG) Report 2017 Series 1.
Plans for a new LCCT in Penang, says Guan Eng
KUALA LUMPUR (Aug 6): The government is looking to build a low-cost carrier terminal (LCCT) next to the Penang International Airport (PIA) in Bayan Lepas in one to two years, to cope with the increasing number of air passengers to the state.
Zambry supports move to have new official residence for Perak MB
KUALA LUMPUR (Aug 6): Former Perak Menteri Besar Datuk Seri Dr Zambry Abd Kadir approves of the move to relocate the MB’s residence.
Sarawak schools to be connected to grid
SIBU (August 6): The Education Ministry has agreed to connect Sarawak schools that were previously powered by generator sets to the grid system, setting aside an allocation of RM400 million, and adding RM35.
