SunCon 4Q net profit marginally lower, declares 2.75 sen dividend
KUALA LUMPUR (Feb 23): Sunway Construction Group Bhd (SunCon)’s net profit came in marginal lower by 4.
Malaysiakini has paid RM500,000 Federal Court fine
PUTRAJAYA (Feb 23): Mkini Dotcom Sdn Bhd, the company that operates news portal Malaysiakini, had today paid the RM500,000 fine imposed by the Federal Court for contempt of court after Malaysiakini failed to establish that it had no knowledge of five readers comments which were offending to the judiciary.
Govt obtains judgement against 1MDB ex-general counsel Jasmine Loo over RM2.49m in unpaid taxes
KUALA LUMPUR (Feb 23): The Malaysian government through the Inland Revenue Board (IRB) had obtained a judgement in default (JID) at the High Court last week against 1Malaysia Development Bhd's (1MDB) former general counsel Jasmine Loo Ai Swan over her unpaid taxes amounting to RM2.
The long-awaited Genting Skyworlds will open in Q2 this year
PETALING JAYA (Feb 23): Genting Malaysia Bhd's Resorts World Genting (RWG) has invested more than US$800 million (RM3.
Supermax founder Stanley Thai buys luxury US condominium
KUALA LUMPUR (Feb 23): Rubber glove manufacturer Supermax Corp Bhd founder Datuk Seri Stanley Thai Kim Sim and his wife Datin Seri Cheryl Tan Bee Geok has acquired a 3,438-square-foot luxury condominium in Sunny Isles Beach within the US state of Florida, The Real Deal reported, citing property records.
Banks unlikely to deliver stellar results for 4Q20
KUALA LUMPUR (Feb 23): Higher provisioning is expected to have a weakening effect on Malaysian banks' profitability in the fourth quarter of 2020 (4Q20), due to be released this week, given the need to cushion the economic and financial shocks from the Covid-19 pandemic.
Fake news: Kids not allowed to enter shopping malls?
KUALA LUMPUR (Feb 23): The viral news that has gone viral on social media regarding children aged below 12-year old are not allowed to enter shopping malls and eateries is fake, according to the Quick Response Team of Multimedia and Communications Ministry (KKMM).
Who is Stanley Choi, the new substantial shareholder of AirAsia Group?
KUALA LUMPUR (Feb 23): A Hong Kong businessman or more well known as a top poker player has taken a RM114 million bet on AirAsia Group Bhd.
Covid-19: Malaysia records 2,192 new cases with six more deaths
KUALA LUMPUR (Feb 22): Malaysia’s new Covid-19 cases dropped to 2,192 from 3,297 reported on Sunday, bringing the cumulative confirmed infections to 285,761.
IOI Properties records higher revenue and operating profit in 6MFY21
PETALING JAYA (Feb 22): IOI Properties Group Bhd's (IOIPG) revenue grew 13% year-on-year (y-o-y) to RM1.
