News about Malaysia

KUALA LUMPUR (Aug 17): A Glomac Bhd subsidiary will defend itself against former joint venture (JV) partner Score Option Sdn Bhd's statement of claim for more than RM100 million, after the latter demanded compensation for a property project.

ISKANDAR PUTERI (Aug 16): Medini Iskandar Malaysia Sdn Bhd’s (MIM) urban park developments in Medini City, Iskandar Malaysia, Johor have won awards at the International Greenery, Recreation, Infrastructure, Parks (IGRIP) Conference and World Urban Parks Asia-Pacific Congress, recently.

KUALA LUMPUR (Aug 16): The Malaysian Anti-Corruption Commission is seeking to secure an order to remand to former Felda chairman Tan Sri Mohd Isa Abdul Samad over its investigation into several cases, Bernama reported.

KUALA LUMPUR (Aug 16): Malaysian Resources Corp Bhd (MRCB) shares rose 4.

KUALA LUMPUR (Aug 16): Eversendai Corp Bhd has proposed to place out new shares to Macquarie Bank Ltd to raise up to RM75.

KUALA LUMPUR (Aug 15): Tan Sri Mohd Isa Abdul Samad has been arrested by the Malaysian Anti-Corruption Agency (MACC) in relation to the controversial purchases of two luxury hotels by Felda Investment Corp Sdn Bhd.

KUALA LUMPUR (Aug 15): IOI Properties Group Bhd declared an interim dividend of six sen a share for its financial year ended June 30, 2017.

KUALA LUMPUR (Aug 15): Eco World Development Group Bhd’s (EcoWorld) wholly-owned unit, Eco World Capital Assets Bhd (EWCA), has raised RM250 million via the issuance of unrated medium term notes (MTNs) with the said nominal value.

Carpentry or the art of making wood furniture may be a dying trade, but one lady, Hani Ali, is creating new interest in handmade wood furniture.

KUALA LUMPUR (Aug 10): One of the starting points in efforts to make cities, including in Malaysia, more sustainable is to be more aware of the needs of its citizens instead of just focusing on the space that can be built on.