Vincent Tan obtains temporary restraining order against Kedah MB
Tan Sri Vincent Tan’s counsel Chuar Kia Lin confirmed with The Edge that the Shah Alam High Court allowed the ex-parte injunction application earlier on Thursday (Aug 17).
Analysts foresee better financial performance by Sentral REIT on Menara CelcomDigi purchase
The analysts made their forecast after the REIT posted a net property income of RM29.
Vincent Tan, Berjaya Land demand RM200m compensation from Sanusi over remarks on SMG project
The company and Tan have also lodged several police reports against Sanusi and bloggers Murray Hunter, Badrul Hisham Shaharin (better known as Chegubard) and Raja Petra Kamarudin, over the alleged publication of similar defamatory and untrue remarks relating to the SMG project.
Sentral REIT acquires Menara CelcomDigi for RM450m; proposes share placement
Sentral REIT said the acquisition of the building from MRCB’s wholly-owned subsidiary Puncak Wangi Sdn Bhd, will be satisfied with cash raised through a combination of equity and debt funding exercises.
WORQ partners with MDEC's DE Rantau programme to help develop Malaysia’s digital economy
The WORQ with DE Rantau programme is estimated to inject RM360 million into the Malaysian economy by supporting 6,000 highly skilled workers, as well as enabling new businesses in the economy.
Malaysia ranks 27th in 2023 IMD World Competitiveness Ranking
“With inflation pressures easing and uncertain stock markets, we are now able to see winners and losers in a context where multiple crises overlap.
Sentral REIT plans to acquire Menara CelcomDigi from MRCB
Sentral REIT said its management company, Sentral REIT Management Sdn Bhd, has accepted a letter of intent issued by MRCB to commence negotiations for the proposed acquisition.
Landowner secures appeal to call four witnesses in Penang 1MDB suit on Air Itam estate
The four are Choo Kwang Wah and Choo Kwang Bin, who are children of the late Chor Phaik Sim, the other owner of the estate, and Datuk Seri Th’ng Boon Chye and Wong Kim Fong of the Kek Lok Si temple.
PAC told no more govt assets will be sold to repay 1MDB debts
The land premium for converting the land status is a “minimal” RM10,000.
Property tycoon Lim Soon Peng settles suit by SRC International
This is the first settlement out of 16 suits filed by SRC International, a former subsidiary of 1Malaysia Development Bhd (1MDB), along with two other SRC's subsidiaries Gandingan Mentari Sdn Bhd and Jendela Pinggiran Sdn Bhd.
