News about ST

KUALA LUMPUR (Oct 22): Malaysia recorded another 847 cases of Covid-19 and five deaths related to the virus today, said the Ministry of Health (MoH).

KUALA LUMPUR (Oct 22): Country Garden Holdings Co Ltd, which is the Johor state government’s joint venture partner in the Forest City property project in Johor, had today issued US$1 billion worth of bonds, which will be listed on the Singapore Exchange Ltd (SGX) tomorrow.

KUALA LUMPUR (Oct 22): Kerjaya Prospek Group Bhd has bagged an RM64 million contract to build a sewerage plant for the Seri Tanjung Pinang (Phase 2A) development (STP2) in Penang.

KUALA LUMPUR (Oct 22): Ekovest Bhd has secured more time to consider a proposal to acquire a 40% stake in IWH-CREC Sdn Bhd, the main player in the Bandar Malaysia development.

KUALA LUMPUR (Oct 21): The Attorney General's Chambers (AGC) has come to a decision that “no further action” (NFA) will be taken against Plantation Industries and Commodities Minister Datuk Dr Mohd Khairuddin Aman Razali (pictured) over his flouting the mandatory home quarantine rule after returning from Turkey in July, The Star reported today.

KUALA LUMPUR (Oct 21): The decision announced yesterday that managers and supervisors of businesses in areas under the conditional movement control order (CMCO) must work from home, while other staff can work in the office but must pass a Covid-19 test, is both discriminatory and flawed.

KUALA LUMPUR (Oct 21): An Asian subsidiary of Goldman Sachs will plead guilty to charges in the US to resolve a foreign corruption and bribery case over the looting of billions of dollars from a Malaysian sovereign wealth fund, The New York Times (NYT) reported, citing a person familiar with the agreement.

KUALA LUMPUR (Oct 20): Taiwan Stock Exchange-listed Wistron Corp is acquiring Western Digital Sdn Bhd's factory (pictured) located in Sungei Way Free Trade Industrial Zone, Petaling Jaya for RM120 million, according to the group's bourse filing with the Taiwan Stock Exchange today.

KUALA LUMPUR (Oct 20): Permodalan Nasional Berhad (PNB), KWEST Sdn Bhd and AREA Group of Companies (AREA) have entered into a joint venture (JV) for the development of COMPASS @ Kota Seri Langat (KSL), a freehold integrated industrial and logistic hub in Selangor.

MELBOURNE (Oct 20): Australia-based property developer Crown Group is gearing up for its first Melbourne residential development launch next month despite the overall slow market owing to the Covid-19 pandemic.