News about Malays

KUALA LUMPUR (Sept 19): The 1Malaysia Development Bhd (1MDB) or Tanore trial involving Datuj Seri Najib Razak at the High Court here may see a new prosecution witness being called today, if the defence finishes the cross examination of Datuk Amhari Efendi Nazaruddin and the prosecution concludes his re-examination.

KUALA LUMPUR (Sept 19): Atrium Real Estate Investment Trust  plans to raise up to RM999 million by establishing a medium-term note (MTN) programme to part-finance the purchase of properties in Penang.

KUALA LUMPUR (Sept 18): The deadline of YTL Corp Bhd's privatisation offer for YTL Land & Development Bhd has been extended again to this Oct 7 from Friday (Sept 20).

KUALA LUMPUR (Sept 18): Country Heights Holdings Bhd group chief executive officer (CEO) Datuk Low Kok Thai has resigned, just six months after being appointed to the post.

PETALING JAYA (Sept 17): The iconic chimneys of Battersea Power Station (BPS) in London, United Kingdom, was emblazoned with the flags of both Malaysia and the United Kingdom on Malaysia Day.

KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism under Malaysia's proposed 10-year masterplan to reform the power industry.

JOHOR BARU (Sept 17): Johor Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad said the Federal Government should look into the benefits or disadvantages of a property expo for foreigners mooted by the Housing and Local Government Ministry before a final decision is made.

PETALING JAYA (Sept 17): Supermarket and hypermarket operators in Malaysia are shutting down under-performing stores, Retail Group Malaysia managing director Tan Hai Hsin said.

  PETALING JAYA (Sept 17): Malaysians are still the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, according to an article in the Star today.

KUALA LUMPUR (Sept 17): The Cabinet has approved a 10-year masterplan to reform the domestic power industry, in which the government will now stop approving new independent power production projects that come with power purchase agreements (PPA).