Protasco posts 3Q net profit, declares 0.6 sen dividend
KUALA LUMPUR (Nov 27): Protasco Bhd posted a net profit of RM959,000 for the third quarter ended Sept 30, 2019 (3QFY19), from a net loss of RM801,000 last year.
RON95 to increase 1 sen each week in peninsular Malaysia from January 2020
KUALA LUMPUR (Nov 27): Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen said the retail price of RON95 fuel in peninsular Malaysia will be increased by 1 sen each week from January 2020, Free Malaysia Today reported today.
Salwani did not breach any code of conduct, says Ambrin
KUALA LUMPUR (Nov 27): National Audit Department (NAD) director Nor Salwani Muhammad did not breach any code of conduct by recording the fateful Feb 24, 2016 meeting between top government officials, former Auditor-General Tan Sri Ambrin Buang told the High Court today.
Poverty can be eradicated, but we need to be Malaysians first: Daim
KUALA LUMPUR (Nov 27): Poverty in the country can be eradicated, but the people need to “think that they are Malaysians first” and not place too much importance on race, says former finance minister Tun Dr Daim Zainuddin.
Sahabat Alam Malaysia worried that Perak may begin rare earth mining
IPOH (Nov 27): NGO Sahabat Alam Malaysia (SAM) is worried that the Perak authorities may begin rare earth mining in the state after a Memorandum of Understanding (MoU) was signed between the state government and Chinese company Chinalco GXNF Rare Earth Development, the Malay Mail reported today.
AME Elite 2Q net profit doubles on new industrial space boost
KUALA LUMPUR (Nov 27): Integrated industrial space solutions provider AME Elite Consortium Bhd's net profit for the second quarter ended Sept 30, 2019 doubled to RM20.
SPAN orders Air Selangor to probe sinkholes, monitor other high-risk areas
PETALING JAYA: The National Water Services Commission (SPAN) has ordered Air Selangor to investigate the recent three sinkhole incidents in Kuala Lumpur and to monitor other areas at high risk of sinkholes occurring, the Star reported today.
Extension of time: Federal Court decision to have major implications for property segment
KUALA LUMPUR: Without a doubt, the Federal Court’s “landmark” ruling that the housing controller has no power to grant an extension of time (EOT) to developers to complete their development projects would have “major implications” for the property development industry.
Ambrin agreed to amend 1MDB audit report because Najib promised thorough probe into fund
KUALA LUMPUR (Nov 27): Former auditor-general (AG) Tan Sri Ambrin Buang told the High Court that he agreed to amend the audit report on 1Malaysia Development Bhd (1MDB) on former Prime Minister (PM) Datuk Seri Najib Razak's instruction, because the latter had promised him a thorough probe into 1MDB.
Ex-company director denies lying over alleged bribe paid to Isa
KUALA LUMPUR (Nov 27): Former company director Ikhwan Zaidel yesterday denied lying to the court over the alleged payment of a RM3.
