Kuala Lumpur-Singapore HSR ‘wide open’ to all

KUALA LUMPUR (Sept 13): The Kuala Lumpur-Singapore high-speed rail (HSR) project is “wide open” to all and both countries will choose the builder based on merit from a tender expected to be opened in December, said MyHSR Corp Sdn Bhd CEO Mohd Nur Ismal Mohamed Kamal (pic), according to a Bloomberg report.

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Iris deputy MD retires amid graft probe

KUALA LUMPUR (Sept 7): Iris Corp Bhd announced that its deputy managing director (MD) Datuk Hamdan Mohd Hassan (pictured) has relinquished his position in the trusted identification (ID) company amid an ongoing graft probe in connection with the company’s e-passport contract with the Republic of Guinea.

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Syed Mohamed is now Encorp chairman

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.

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Sime Darby makes record RM684 mil impairment to give pure plays a clean start

KUALA LUMPUR (Aug 26): Sime Darby Bhd, which is set to list its plantation and property arms — Sime Darby Plantation Bhd (SD Plantation) and Sime Darby Property Bhd (SD Property) — separately on Bursa Malaysia by November, has undertaken a record impairment at the group level to provide a clean sheet for their financials, moving forward.

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