Lagenda Properties 3Q net profit down 8.58% as construction ops hit by MCO
KUALA LUMPUR (Nov 15): Lagenda Properties Bhd's net profit fell 8.
Mah Sing makes early redemption of RM145m perpetual securities
KUALA LUMPUR (Nov 15): Mah Sing Group Bhd has made an early redemption of its RM145 million unrated senior perpetual securities on the first callable date Nov 15, under the group’s RM1 billion unrated senior perpetual securities programme that was established in March 2017.
Appeals court adjourns Rosmah’s bid to recuse Sri Ram to address criminal court's jurisdiction in granting declarations sought by her
PUTRAJAYA (Nov 15): The Court of Appeal on Monday (Nov 15) adjourned Datin Seri Rosmah Mansor’s appeal to recuse former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution in her corruption trial linked to the RM1.
Pekat Group secures 15-year power purchase agreement
KUALA LUMPUR (Nov 15): Pekat Group Bhd has secured a power purchase agreement (PPA) to supply solar-generated electricity to Majlis Bandaraya Seberang Perai (MBSP) for a 15-year period.
Prosecution not calling Nazir in 1MDB trial despite what he wrote in book 'What's in a Name'
PUTRAJAYA (Nov 15): The prosecution on Monday (Nov 15) said they would not be calling former banker Tan Sri Nazir Razak to possibly testify in the 1Malaysia Development Bhd (1MDB) trial involving his eldest brother and former premier Datuk Seri Najib Razak despite revelations in Nazir's book "What's in a Name" that came out this month.
Sime Darby Property’s Dayana Phase 2 and Serenia Aiora Phase 1 fully taken up
PETALING JAYA (Nov 15): Sime Darby Property Bhd achieved 100% take-up rates for its recently launched homes, Dayana Phase 2 in Nilai Impian, Negeri Sembilan and Serenia Aiora Phase 1 in Serenia City, Selangor, during their respective sales previews earlier this month.
Kedah to ban all 4D shops, punters told to go to Penang, says report
KUALA LUMPUR (Nov 14): Kedah will ban all 4D lottery shops in the state by not renewing the business licenses issued by local councils in a bid to stamp out social ills, said Menteri Besar Datuk Seri Muhammad Sanusi Nor.
Class B creditors back AirAsia X's RM63.5b debt restructuring plan, one more creditors' meeting to go
KUALA LUMPUR (Nov 12): After getting full support from its Class A creditors earlier, AirAsia X Bhd (AAX), which is holding three separate meetings with its scheme creditors on Friday (Nov 12) to vote on its plan to restructure RM33.
Guan Eng’s law firm made ‘big mistake’ when evaluating Penang undersea tunnel preliminary agreement — witness
KUALA LUMPUR (Nov 12): Former Penang chief minister Lim Guan Eng’s appointed private law firm made a “big mistake” when evaluating the preliminary agreement of the Penang undersea tunnel project between the Penang state government and Construction Zenith BUCG Sdn Bhd, the Sessions Court heard on Friday (Nov 12).
BNM: Malaysia not facing stagflation; growth to accelerate in 2022
KUALA LUMPUR (Nov 12): Bank Negara Malaysia (BNM) said Malaysia is not facing stagflation, with the central bank pointing out that economic growth is expected to accelerate in 2022.
