Zelan seeks RM305m in arbitration against architects
KUALA LUMPUR (March 12): Zelan Bhd has initiated arbitration proceedings against NRY Architects for as much as RM305.
Jagdeep Singh Deo: Federal govt should create fund for non-Islamic places of worship
GEORGE TOWN (Dec 20): The federal government should set up a fund for non-Islamic places of worship (RIBI), said Penang executive councillor Jagdeep Singh Deo (pictured).
Rosmah could be charged soon, says report by daily
KUALA LUMPUR (Sept 18): Datin Seri Rosmah Mansor (pictured), wife of former PM Datuk Seri Naijib Tun Razak, could soon face charges of money laundering, reported the New Straits Times (NST) today.
Deputy IGP: RM2.97b 1MDB funds went into Najib’s personal account
KUALA LUMPUR (Sept 13): Investigations into state-owned investment fund 1Malaysia Development Bhd (1MDB) have revealed that US$972 million (RM2.
Country View gets RM232m loan to part-finance land purchase in Iskandar Puteri
KUALA LUMPUR (Sept 7): Country View has accepted banking facilities totalling RM232 million to part-finance the purchase of a piece of 164-acre vacant land in Iskandar Puteri, Johor.
Gabungan AQRS bags RM115m facility to finance E-Island project
KUALA LUMPUR (Aug 14): Gabungan AQRS Bhd’s wholly-owned unit, AQRS The Building Company Sdn Bhd (AQRS TBC), has secured a fresh RM115 million Islamic banking facility from Maybank Islamic Bank Bhd to part finance the construction of its E-Island Residence development.
MBSB still has RM1b conventional assets to be converted
KUALA LUMPUR (June 26): Non-bank lender Malaysia Building Society Bhd (MBSB) aims to convert its conventional assets worth about RM1 billion, which makes up about 10% of its assets, to Islamic assets over the next two years, as part of its plans to becoming an Islamic bank.
Phase 2 of Maybank’s HouzKEY to focus on secondary market
KUALA LUMPUR (May 15): Maybank Islamic Bhd’s HouzKEY, Malaysia’s first bank-initiated rent-to-own (RTO) scheme, will launch its second phase which will see the scheme being expanded to cover properties on the secondary market.
Yong Tai to raise up to RM1b via sukuk
KUALA LUMPUR (April 11): Yong Tai Bhd has established a sukuk or Islamic Medium Term Note Programme of RM1 billion in nominal value to finance its investment activities, capital expenditure and working capital requirements.
Zelan shares fall 4% on wider 4Q net loss
KUALA LUMPUR (Feb 20): Zelan Bhd share price dipped 4% after posting a wider net loss of RM59.
