News about Malaysia

KUALA LUMPUR (Sept 20): UEM Group Bhd, a wholly-owned subsidiary of Khazanah Nasional Bhd, said part of the proceeds from the disposal of its subsidiary's stake in the operator of the 117km-long Cikopo-Palimanan (Cipali) toll road will be invested into Malaysia's key national infrastructure and other opportunities in Indonesia.

KUALA LUMPUR (Sept 20): The Companies Commission of Malaysia (SSM) has initiated legal proceedings against former SRC International Sdn Bhd directors Nik Faisal Ariff Kamil and Datuk Suboh Md Yasin (pictured) for failing to submit the FY17 financial statement of SRC unit Gandingan Mentari Sdn Bhd.

虽然2020大马旅游年即将到来，但酒店业并不预期该旅游年能为行业带来显著的激励。 大马酒店业协会（MAH）首席执行员Yap Lip Seng表示，即便距离旅游年仅剩少于6个月的时间，但目前仍未看到有任何大型的旅游促销活动。 他向Edgeprop.

KUALA LUMPUR (Sept 19): The Federal Territories Ministry will work on the supply side to provide more affordable homes for middle class city dwellers, minister Khalid Samad said today.

KUALA LUMPUR (Sept 19): For 42 years he laboured faithfully in government service, sometimes during the wee hours of the morning, always on standby and hardly taking a day off.

KUALA LUMPUR (Sept 19): Malaysia Airports Holdings Bhd (MAHB) said today three Firefly flights from Selangor's Sultan Abdul Aziz Shah Airport to Seletar Airport in Singapore were cancelled this morning due to the haze at Seletar.

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.