News about London

KUALA LUMPUR (Oct 26): There should not be any speculation concerning the purchase of the four-star hotel in Kensington, London, by Felda Investment Corporation (FIC) as the case is still under probe, said Malaysian Anti-Corruption Commission (MACC) deputy chief commissioner (Operation) Azam Baki, Bernama reported today.

KUALA LUMPUR (Oct 25): Deputy Minister in the Prime Minister’s Department Datuk Razali Ibrahim has denied opposition lawmaker Mohd Rafizi Ramli’s claim that a Felda Investment Corp Sdn Bhd (FIC) subsidiary was registered on the very day the lawmaker “revealed” that the firm does not own its hotels in London.

KUALA LUMPUR (Oct 17): Opposition lawmaker Rafizi Ramli has alleged that the Federal Land Development Authority (Felda) had overpaid approximately RM180 million (about £30 million) for the £95.

PETALING JAYA (Sept 14): Eco World Development Group Bhd (EcoWorld Malaysia) and its international property arm EcoWorld International Bhd (EWI) announced that as at Aug 31, 2017, they have achieved a total sales of RM3.

KUALA LUMPUR (Aug 26): Encorp Bhd has appointed former banker Datuk Syed Mohamed Syed Ibrahim as its chairman, replacing Tan Sri Mohd Isa Abdul Samad, who resigned in mid-August amid an anti-graft probe over the purchase of a luxury hotel in Kensington, London.

KUALA LUMPUR (Aug 24): The Malaysian Anti-Corruption Commission (MACC) will have to go to foreign shores to continue its investigations into Felda Investment Corp’s (FIC) London hotel purchase.

KUALA LUMPUR (Aug 21): Former Felda chairperson Mohd Isa Samad is a suspect in the purchase of two hotels by Felda Investment Corp (FIC), the MACC confirmed today.

KUALA LUMPUR (Aug 18): Lower property sales and higher staff costs have dragged Enra Group Bhd’s first quarter earnings down, with net profit falling 19.

KUALA LUMPUR (Aug 18): The Malaysian Anti-Corruption Commission (MACC) is now probing a third hotel deal made by a Felda unit back in 2012, The New Straits Times (NST) reported today.

KUALA LUMPUR (Aug 18): S P Setia Bhd has confirmed that the second phase of the Battersea Power Station project in London has seen rising construction costs due to a push-up for the building envelope, changes in design and inflation.