1MDB: US DoJ wants to recover US$300m more of assets in the UK, says report
KUALA LUMPUR (Sept 17): The US Department of Justice (DoJ) wants to recover US$300 million (RM1.
DONE DEAL: Serviced apartment unit, Arcoris Residences@Arcoris Mont'Kiara, Kuala Lumpur
Rented for: RM5,000 (RM4.
Examination-in-chief of ex-1MDB CEO to be completed today
KUALA LUMPUR (Sept 17): The prosecution in ex-prime minister Datuk Seri Najib Razak's abuse of power and money laundering trial is expected to complete the examination-in-chief of former 1Malaysia Development Bhd (1MDB) chief executive officer Mohd Hazem Abdul Rahman at the High Court here today.
Government has important role in pushing new building technology
PETALING JAYA (Sept 16): Government’s role is crucial in supporting the rollout of new construction technologies in the country and regulation is also important for the industry players to adapt to new building methods, said Hong Kong-based Ho & Partners Architects (HPA) executive chairman Nicholas Lik Chi Ho.
Time to shift to new building methods, says PAM president
PETALING JAYA (Sept 16): The Covid-19 pandemic may have hit the construction sector but it also opened up a new avenue for the industry players to rethink the conventional construction process and start to embrace Industrialised Building System (IBS) and Modular Integrated Construction (MiC), said Malaysian Institute of Architects (PAM) president Datuk Ezumi Harzani Ismail.
Malaysia's Covid-19 cases top 10,000 after identifying 62 newly-infected individuals
KUALA LUMPUR (Sept 16): Malaysia reported today 62 new Covid-19 cases, which bring the cumulative number of infected individuals in the country so far to 10,031, health director general Tan Sri Dr Noor Hisham Abdullah said via Twittter.
Report: IWH planning US$1.2b IPO in 1H2021
KUALA LUMPUR (Sept 16): Iskandar Waterfront Holdings (IWH) plans to list in the first half of 2021 to raise at least RM5 billion (US$1.
Avillion's auditor red flags its ability to continue as a going concern
KUALA LUMPUR (Sept 16): Hotel and resort operator Avillion Bhd’s external auditors have red-flagged the loss-making group's ability to continue as a going concern, as its current liabilities have exceeded its current assets.
China: 'Green' housing project turns into 'mosquito-infested jungle'
KUALA LUMPUR (Sept 16): A green housing project in Chengdu, China which was meant to be a "vertical forest" with gardens on every balcony has not turned out the way it was supposed to.
1MDB ex-CEO: Najib pressured me to replace 1MDB auditor
KUALA LUMPUR (Sept 15): Former prime minister Datuk Seri Najib Razak had pressured former 1Malaysia Development Bhd (1MDB) chief executive officer Mohd Hazem Abdul Rahman (pictured) to request audit firm KPMG to conclude the audit of the state fund’s financial statements for 2013 despite certain irregularities it found, the High Court heard today.
