Sunway Construction's current order book seen higher than that in 2018
Sunway Construction Group Bhd (Aug 20, RM2.
Proposed takeover of highways deemed fair by market
Construction sector Maintain market weight: The New Straits Times has reported that the government is planning to acquire 15 highways nationwide for RM43 billion via issuing debt to the concessionaires.
KLCCP Stapled 2Q net profit flattish at RM180m
KUALA LUMPUR (Aug 21): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a relatively flat net profit for the second quarter ended June 30, 2019 (2QFY19) of RM180.
High-level meeting on highways to be held soon
KUALA LUMPUR (Aug 21): A high-level meeting of government officials is believed to take place as soon as tomorrow to map out the plan on the highway concessions in the country moving forward.
Utusan Melayu continues printing but risks delisting
KUALA LUMPUR (Aug 21): Utusan Melayu (M) Bhd, the publisher of Utusan Malaysia and Kosmo!, will continue its operations for now.
No immediate plans to demolish, rebuild HQ: MCA
KUALA LUMPUR (Aug 21): The MCA clarified yesterday that it has no immediate plans to demolish and rebuild its headquarters (HQ) at Wisma MCA, Jalan Ampang here, though it admitted it had sought a development order (DO) to secure a higher commercial plot ratio for the site for future development.
Sarawak Report exposé article led to the start of MACC's SRC probe
KUALA LUMPUR (Aug 20): An exposé article from Sarawak Report dated July 2, 2015 led the Malaysian Anti-Corruption Commission (MACC) to commence investigations on SRC International Sdn Bhd, MACC investigating officer (IO) Senior Assistant Commissioner Rosli Hussain (pictured) told the High Court here today.
Apex court to decide on Thursday if govt can appeal its inclusion as party in Altantuya civil suit
PUTRAJAYA (Aug 20): The government has submitted that the High Court was right in excluding it as a defendant in a civil suit over the murder of Mongolian Altantuya Shaariibuu (pictured), although two policemen were found guilty of the crime in a criminal case earlier.
Genting Malaysia unit inks merger agreement to delist Empire Resorts
KUALA LUMPUR (Aug 20): Genting Malaysia Bhd (GenM) said today its indirect wholly-owned subsidiary Genting (USA) Ltd (GenUSA) has acquired a 49% stake in joint venture company (JVCo) Hercules Topco LLC, which will hold all outstanding shares in Empire Resorts Inc under Empire's planned delisting from the US stock market.
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Workers' accommodation operator Centurion Corp to expand presence in Malaysia
KUALA LUMPUR (Aug 20): Singapore’s owner-operator of purpose-built workers accommodation (PBWA) Centurion Corp Ltd is expanding in Malaysia, which will include a new asset in Johor that offers 3,600 beds by next year.
