News about IT

KUALA LUMPUR (Aug 30): The minority shareholders of TA Enterprise Bhd (TAE) have been told to reject the takeover bid launched by veteran stockbroker Datuk Tony Tiah Thee Kian, which has been deemed "not fair and not reasonable" by independent adviser BDO Capital Consultants Sdn Bhd (BDO CC).

Sold for: RM1.

KUALA LUMPUR (Aug 30) : The new government will conduct its own feasibility study on the proposed development of the third port in Port Klang, on Carey Island, said Transport Minister Anthony Loke Siew Fook.

PETALING JAYA (Aug 29): Prime Minister Tun Dr Mahathir Mohamad's public vagueness over the fate of massive China-funded infrastructure projects in Malaysia is meant to help a beleaguered Beijing pummelled by criticisms over its Belt and Road Initiative save its face, reported the South China Morning Post (SCMP).

KUALA LUMPUR (Aug 29): Former prime minister Datuk Seri Najib Razak has today asked if the figure of RM10 billion being offered by some parties to build the controversial East Coast Rail Link (ECRL) realistic.

KUALA LUMPUR (Aug 29): The last-mile connectivity to public transit is an area that Ireka Corp Bhd would focus on moving forward amid the growing need for an improved public transportation in the country.

KUALA LUMPUR (Aug 29): KIP Real Estate Investment Trust (KIP REIT) is buying the Aeon Mall Kinta City, a four-storey building, 60,230 sq m property in Jalan Teh Lean Swee, Ipoh, Perak for RM208 million cash.

The viral sensation around the multi-hued staircase at iconic Batu Caves may have put the temple committee in hot water, as the multimillion ringgit painting and renovation works were not sanctioned by the National Heritage Department (JWN), reports The Star.

PETALING JAYA (Aug 28): The Malaysian government has stressed that foreigners who wish to reside in Malaysia need to apply for permanent residency through the Malaysia My Second Home (MM2H) program.

KUALA LUMPUR (Aug 28): Sime Darby Property Bhd's net profit plummeted 85.