News about Malaysian

PUTRAJAYA (Oct 18): Umno president Datuk Seri Dr Ahmad Zahid Hamidi (pictured) has been arrested by the Malaysian Anti-Corruption Commission (MACC) today.

KUALA LUMPUR (Oct 18): Shares in Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd were among the five top actively traded stocks this morning after MRCB George Kent Sdn Bhd said the government has agreed to continue with the Light Rail Transit Line 3 (LRT3) project at a cost of RM16.

KUALA LUMPUR (Oct 17): Former prime minister Datuk Seri Najib Tun Razak (pictured) declined to elaborate today on news reports indicating the Malaysian Anti-Corruption Commission (MACC) had questioned him yesterday for over six hours on 1Malaysia Development Bhd (1MDB) matters.

KUALA LUMPUR (Oct 17): The Malaysian Anti-Corruption Commission (MACC) has, for the second time, postponed the display of a list of declared assets by Cabinet members and MPs on its portal.

Malaysian Resources Corp Bhd (Oct 12, 72 sen) Maintain buy with a target price of 98 sen: Malaysian Resources Corp Bhd’s (MRCB) balance sheet is expected to improve further in second half of financial year 2018 (2HFY18) with earnings enhancement largely due to the disposal of land in Kia Peng, Kuala Lumpur, which is to be concluded in the third quarter of FY18, and significant deleveraging expected from the disposal of its two key non-core assets — the Eastern Dispersal Link (EDL) with an outstanding debt of RM1.

KUALA LUMPUR (Oct 12): Housing and Local Government Minister Zuraida Kamaruddin is upbeat about the prospects of the property market next year despite the less-than-rosy statistics from the first half of this year (1H2018) presented by the National Property Information Centre (Napic) yesterday.

KUCHING (Oct 10): The Malaysian Anti-Corruption Commission (MACC) Sarawak has completed about 50% of its probe into an illegal warehouse storing smuggled chicken wings that has been in operation in Miri for the past 30 years, says its director Razim Mohd Noor.

KUALA LUMPUR (Oct 8): The Malaysian Anti-Corruption Commission (MACC) has summoned Umno president Datuk Seri Dr Ahmad Zahid Hamidi for questioning at its headquarters in Putrajaya on Wednesday (Oct 10), according to Malaysiakini.

PETALING JAYA: Leasehold properties generally see slower price growth than freehold properties especially after 30 years into the lease.

KUALA LUMPUR (Oct 6): Planners, architects and engineers have to sell their good ideas to others and make them accept that planning is the only way forward for waste management, Malaysian Institute of Planners president Ihsan Zainal Mokhtar (pictured) told The Star recently.