MCT falls into the red in 1Q on hedging losses and lower sales
KUALA LUMPUR (July 1): Property developer MCT Bhd recorded a net loss of RM21.
Tengku Adnan's graft trial ends after last defence witness testifies
KUALA LUMPUR (June 30): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) corruption trial has concluded at the High Court here today after the last witness for the defence gave his testimony.
EcoWorld posts lower 2Q net profit due to MCO, but sees big rebound in sales during CMCO
KUALA LUMPUR (June 25): Eco World Development Group Bhd’s (EcoWorld's) net profit fell 48% to RM21.
Court allows prosecution to amend 1MDB audit tampering charge
KUALA LUMPUR (June 24): The High Court today allowed the prosecution to amend the charge in the 1Malaysia Development Bhd (1MDB) audit tampering case as the judge ruled that it would not prejudice former prime minister Datuk Seri Najib Razak (pictured) and former 1MDB president Arul Kanda Kandasamy.
Hua Yang narrows 4Q loss to RM4m, full-year net profit at RM2.2m
KUALA LUMPUR (June 24): Hua Yang Bhd's net loss for its fourth financial quarter ended March 31, 2020 (4QFY20) narrowed to RM4.
Developer clears unsold units by adapting products to customers' needs
PETALING JAYA: Its personalised service and social media engagement with customers have helped property developer Oriental Interest Bhd clear off some unsold units from its projects in the current market downturn.
Know the Types of RESOLUTION(S) under SMA
The Strata Management Act 2013 (SMA) came into force in June 2015.
No compensations costs involved in latest deferment of HSR project, says Azmin
KUALA LUMPUR (June 17): There are no compensation costs involved in the latest deferment of the multi-billion ringgit highspeed rail (HSR) project agreed upon by Malaysia and Singapore on May 31, said Senior Minister for Economy Datuk Seri Azmin Ali.
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1MDB audit tampering trial: High Court sets June 24 to hear submissions on prosecution's amendment of charges
KUALA LUMPUR (June 17): The High Court has set June 24 to hear the submissions of both parties in the 1Malaysia Development Bhd (1MDB) audit tampering trial following the prosecution's application to amend the charges levelled against former prime minister Datuk Seri Najib Abdul Razak and former 1MDB president and CEO Arul Kanda Kandasamy.
Ex-govt chief sec Ali Hamsa says Nor Salwani's recording of audit meeting 'unethical'
KUALA LUMPUR (June 16): The action of National Audit Department (NAD) director (governance sector) Datuk Nor Salwani Muhammad, who had recorded the Feb 24, 2016 meeting of top government officials without their knowledge, could be deemed as unethical, according to former chief secretary to the government Tan Sri Ali Hamsa.
