News about MP

KUALA LUMPUR (Oct 19): Economists are largely positive on the updates made to the 11th Malaysia Plan (11MP) following the government’s mid-term review of the five-year road map, as the economic and governance reforms it aspires to achieve are seen as more realistic given the fiscal condition of the nation.

KUALA LUMPUR (Oct 18): Malaysia's construction sector is targeted to moderate at an annual average growth rate of 4.

PETALING JAYA (OCT 18): Selangor mentri besar Amirudin Shari is to meet all parties who are involved in the relocation of the Seafield Sri Maha Mariamman Temple on Oct 22.

PETALING JAYA (Oct 17): Due to issues of safety and cleanliness, the 50-year-old hawker centre in Jalan Sena, Klang will be demolished.

PETALING JAYA (Oct 16): Meda Inc’s recently emerged shareholder Datuk Seth Yap will be resolving outstanding rental charges due to owners of The Arc @ Cyberjaya.

KUALA LUMPUR (Oct 16): Kuala Lumpur City Hall (DBKL) announced today in a statement that there will be a road closure at the Taman Fadason, Kepong, area to facilitate the construction of a flyover.

PETALING JAYA (Oct 16): Vacant and abandoned units of Palma Apartments, Bandar Country Homes, Rawang whose owners have failed to settle their assessment tax for five years or more, may have their property seized by the Selayang Municipal Council (MPS).

Malaysian Resources Corp Bhd (Oct 12, 72 sen) Maintain buy with a target price of 98 sen: Malaysian Resources Corp Bhd’s (MRCB) balance sheet is expected to improve further in second half of financial year 2018 (2HFY18) with earnings enhancement largely due to the disposal of land in Kia Peng, Kuala Lumpur, which is to be concluded in the third quarter of FY18, and significant deleveraging expected from the disposal of its two key non-core assets — the Eastern Dispersal Link (EDL) with an outstanding debt of RM1.

KUALA LUMPUR (Oct 12): Kerjaya Prospek Group Bhd is buying a 90% stake in Yakin Land Sdn Bhd (YLSB), which has a 36-storey condominium project in Batu, Kuala Lumpur, for RM10.

KUALA LUMPUR (Oct 12): Cuscapi Bhd, which is currently operating from leased premises, is acquiring commercial space of Empire City in Damansara Perdana for RM20 million.