Johor Sultan launches Menara JLand
JOHOR BARU: Johor Ruler Sultan Ibrahim Ibni Almarhum Sultan Iskandar launched Menara JLand in the Johor Bahru city centre today, the Star reported.
Late delivery penalty could bring housing industry to standstill, says lawyer
PETALING JAYA (Nov 28): Following Tuesday’s Federal Court ruling that the controller of housing cannot give developers extensions of time to complete their projects, a lawyer said that the housing industry could be crippled by late delivery penalties.
Econpile 1Q net profit down 41% due to lower billings, narrower margin
KUALA LUMPUR (Nov 28): Econpile Holdings Bhd did not fare that well in the first financial quarter ended Sept 30, 2019 (1QFY20) due to lower billings and higher percentage of billings from infrastructure projects that yield narrower margin.
Sunsuria 4Q net profit down 87%, impacted by new accounting standards
KUALA LUMPUR (Nov 27): Sunsuria Bhd reported a net profit of RM11.
Director admits paying PMO official, Zahid to undertake foreign worker business
KUALA LUMPUR (Nov 28): A company director dealing with work permits told the High Court yesterday that he had to seek favours from the Prime Minister's Office (PMO) when his firm's contract to operate a one-stop centre (OSC) in Dhaka, Bangladesh was terminated in 2015.
Johan to sell land to OSK unit for RM127 mil
KUALA LUMPUR (Nov 28): Johan Holdings Bhd is selling a piece of industrial land measuring some 28 acres within the Taman Meranti Jaya mixed development in Puchong, Selangor, to OSK Holdings Bhd for RM127 million.
536 EOT approvals since 2014
PETALING JAYA (Nov 27): A total of 536 Extension of Time (EOT) aprovals were granted by the Controller of Housing and the Ministry of Urban Wellbeing, Housing and Local Government (KPKT) since 2014, according to data collated by the National House Buyers Association (HBA).
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.
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.
