YTL Corp extends YTL Land privatisation offer deadline to Oct 7
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).
Country Heights CEO resigns after failing to restructure debts
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.
London’s Battersea Power Station Lit Up in celebration of Malaysia Day
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.
Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
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.
Federal govt should look into property expo for foreigners: Johor exco
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.
Supermarkets and hypermarkets in Malaysia are consolidating: Industry expert
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.
Malaysians still 2nd largest buyers of S'pore properties
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.
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Govt to liberalise power industry
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).
Guan Eng: Optimistic outlook for retail sector
PETALING JAYA (Sept 13): Outlook for shopping centres and the retail industry as a whole looks favourable this year on the back of the country's GDP growth beating expectations, said Finance Minister Lim Guan Eng (pictured).
PR1MA receives a boost from Sabah homebuyers with unexpected take-ups in HOC
KUALA LUMPUR (Sept 12): The ailing 1Malaysia People’s Housing Programme (PR1MA) received a growth spurt from the extended Home Ownership Campaign (HOC) when it was held in Sabah.
