News about Malaysia

PETALING JAYA (Jue 30): The CEO of a government-linked company (GLC) who was remanded on Thursday (June 28) by the Malaysian Anti-Corruption Commission (MACC) over allegations of abuse of power involving construction projects valued at RM300 million was freed by the Magistrate’s Court at Putrajaya today, reported Bernama.

PETALING JAYA (June 29): Tan Sri Abdul Wahid Omar has resigned from his position as Permodalan Nasional Bhd (PNB) group chairman, reported The Star.

Gamuda Bhd (June 28, RM3.

KUALA LUMPUR: Mah Sing Group Bhd plans to roll out projects with a combined gross development value (GDV) of RM2.

KUALA LUMPUR (June 29): Eco World Development Group Bhd’s (EcoWorld) net profit rose 2.

SHAH ALAM (June 28): Having obtained a development order, KUB Malaysia Bhd expects to finally kick-start development of its flagship commercial building in Petaling Jaya next year on a plot of land where the landmark A&W Restaurant is sited.

KUALA LUMPUR (June 28): Eco World Development Group Bhd's (EcoWorld) net profit rose 2.

PETALING JAYA (June 28): The Malaysian Anti-Corruption Commission (MACC) are raiding a luxury condominium unit owned by businessman Low Taek Jho – more popularly known as Jho Low – along Jalan Kia Peng in Kuala Lumpur, reported several news outlets.

KUALA LUMPUR (June 28): Gamuda Bhd shares rose 1.

KUALA LUMPUR (June 26): The Malaysian Retail Chain Association (MRCA) is keeping its target for the country’s overall retail sales growth this year at 4.