News about M

PETALING JAYA (Sept 26): The Real Estate and Housing Developers' Association Malaysia (Rehda) has reiterated that the National Home Ownership Campaign (HOC) events and exhibitions are targeted at Malaysian homebuyers and not foreigners.

PETALING JAYA (Sept 26): The Real Estate and Housing Developers' Association Malaysia (Rehda) is cautiously optimistic about the market outlook for the next 12 months and looks forward to an expansionary Budget 2020 which will be tabled on Oct 11, 2019.

PETALING JAYA (Sept 26): The National Home Ownership Campaign (HOC) 2019 is believed to have achieved more than RM14 billion in sales as at Sept 13, according to the Real Estate and Housing Developers’ Association Malaysia (Rehda).

KUALA LUMPUR (Sept 26): Scientex Bhd's net profit for the fourth quarter ended July 31, 2019 jumped 61% year-on-year to RM133.

KUALA LUMPUR (Sept 25): Finance Minister Lim Guan Eng's concern about putting Malaysia's "national considerations at stake" is valid, but the cancellation of the East Coast Rail Link (ECRL) can still be done through proper negotiations without affecting bilateral relations with China, said prominent economist Professor Dr Jomo Kwame Sundaram.

KUALA LUMPUR (Sept 25): Former prime minister Datuk Seri Najib Abdul Razak did not explain why the joint venture (JV) agreement between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI), which was to be signed by himself and King Abdullah of Saudi Arabia, did not materialise, according to former 1MDB chief executive officer Datuk Shahrol Azral Ibrahim Halmi.

KUALA LUMPUR (Sept 25): Former premier Datuk Seri Najib Abdul Razak paid himself RM120,000 per year as allowances for being the chairman and a member of the board of advisers (BOA) of 1Malaysia Development Bhd (1MDB), the High Court was told today.

KUALA LUMPUR (Sept 25): Former Terengganu Investment Authority Bhd (TIA) and 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured) said 1MDB was exempted from being audited by the National Audit Department, as it presented a political risk to former prime minister Datuk Seri Najib Razak.

KUALA LUMPUR (Sept 25): Former Terengganu Investment Authority Bhd (TIA) and 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi testified that Datuk Seri Najib Abdul Razak had ordered TIA to push on with the bonds issuance, despite opposition from Terengganu’s ruler.

KUALA LUMPUR (Sept 25): The first chief executive officer of sovereign wealth fund 1Malaysia Development Bhd (1MDB), Datuk Shahrol Azral Ibrahim Halmi, said its board of directors (BOD) should not be blamed for the fund’s loss-making investments.