News about IT

PETALING JAYA (Aug 29): Japan’s Tokyo (pictured) is the safest city globally, according to the Safe Cities Index (SCI) by The Economist Intelligence Unit, a research and analysis division under The Economist Group.

KUALA LUMPUR (Aug 29): Former Prime Minister Datuk Seri Najib Razak has made 'unprecedented' contributions to Chinese education and was a tolerant leader when it came to racial and religion matters, the High Court was told today.

KUALA LUMPUR (Aug 29): Property developer Hua Yang Bhd is expecting an improved financial year (FY2020) backed by its strategy to aggressively drive sales towards first-time homebuyers and upgraders.

KUALA LUMPUR (Aug 28): Improved contribution from its property development segment boosted Sime Darby Property Bhd's earnings by more than four-fold to RM205.

PUTRAJAYA (Aug 28): The Housing and Local Government (KPKT) Ministry wants more non-governmental organisations (NGOs) to offer their support for the National Community Policy or Dasar Komuniti Negara (DKN) which was formulated to enhance the lives of the B40 group.

KUALA LUMPUR (Aug 28): Eastern & Oriental Bhd (E&O) is looking to sell RM300 million in property inventory in its current financial year (FY20).

KUALA LUMPUR (Aug 27): WCT Holdings Bhd’s net profit dropped 47% to RM22.

KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC), the main contractor of the Penang Major Roads and Third Link development, has come out to explain the progress of the feasibility studies in relation to the megaproject.

KUALA LUMPUR (Aug 28): Consortium Zenith Construction Sdn Bhd (CZC) said it had overcome a hurdle in the contentious Penang Major Roads and Third Link development as Malayan Banking Bhd (Maybank) had been roped in to provide financing for part of the project.

Malaysian Resources Corp Bhd (Aug 27, 72 sen) Maintain hold with a lower target price (TP) of 74 sen: Malaysian Resources Corp Bhd’s (MRCB) net profit of RM15 million (-72% year-on-year [y-o-y]) for the cumulative six months of financial year 2019 (6MFY19) is only 11% to 16% of the market consensus and our previous FY19 forecast of RM94 million to RM137 million.