KTMB to delay launch of RM6b property projects to next year

KUALA LUMPUR (June 22): Keretapi Tanah Melayu Bhd (KTMB) will delay the launch of its property development projects, which are worth RM6 billion over a three-year period, to next year as it seeks to resolve various issues amid the softening market, said its chief executive officer Mohd Rani Hisham Samsudin.

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Azmin tells Felda to undertake forensic audit

KUALA LUMPUR (June 22): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has instructed the Federal Land Development Authority (Felda), which is embroiled in several controversial deals, to undertake an “external forensic audit to get to the bottom of this”.

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Imran Salim takes over helm at MRCB

PETALING JAYA (June 20): Malaysian Resources Corp Bhd (MRCB) has announced that its executive director Imran Salim (pictured) will be re-designated as the group managing director effective July 2 as part of MRCB’s corporate transformation plan.

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Nothing to fear from China

KUALA LUMPUR: Malaysia wants to strengthen its “good relations” with Beijing, Prime Minister Tun Dr Mahathir Mohamad told the South China Morning Post (SCMP) in an interview, but that Chinese companies investing in the country should refrain from relying only on material, capital and labour from China and denying Malaysia any real benefits.

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