KLK’s 1Q net profit shrinks as plantation, property earnings weaken
KUALA LUMPUR (Feb 13): Kuala Lumpur Kepong Bhd (KLK)’s net profit fell 11% to RM320.
More surveys needed to assess affordable housing need, says World Bank
KUALA LUMPUR (Feb 12): More consumer surveys should be done to collect detailed data in order to understand the true needs of affordable housing in Malaysia, said the World Bank.
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Market to ‘remain flat with greater focus on affordable housing’
KUALA LUMPUR (Feb 12): The Malaysian property market will continue to be challenging but stable with greater focus on affordable housing, according to real estate consultancy Rahim & Co International Sdn Bhd.
Datuk’ held over housing project cheating case
KUALA LUMPUR (Feb 12): The police have arrested a man with a ‘Datuk’ title in connection with the 1Malaysia Affordable Housing Project involving a loss of RM9.
Good times set to roll at MB World
KUALA LUMPUR (Feb 12): MB World Group Bhd, whose net profit for 2017 more than tripled to RM16.
MBSB president-CEO Ahmad Zaini to lead Asian Finance Bank as CEO
KUALA LUMPUR (Feb 10): Malaysia Building Society Bhd (MBSB) has appointed its president and chief executive officer (CEO) Datuk Seri Ahmad Zaini Othman as the CEO of newly-acquired Asian Finance Bank Bhd (AFB).
Cheaper levy, toll rates for Johor’s Second Link
KUALA LUMPUR (Feb 9): Prime Minister Datuk Seri Najib Razak announced today that levy and toll rates at the Malaysia-Singapore Second Link will be slashed.
IGB Corp's 4Q net profit jumps 97% on better unit performances, one-off gain
KUALA LUMPUR (Feb 9): IGB Corp Bhd, which is in the midst of a takeover by its largest shareholder Goldis Bhd, saw its net profit jump 97.
Prasarana, SMRT to form JV firm to operate JB-Singapore rail link
KUALA LUMPUR (Feb 9): Prasarana Malaysia Bhd and Singapore's SMRT Corp Ltd will form a joint venture (JV) company to operate the Johor Bahru-Singapore Rapid Transit System Link (RTS Link).
