Tambun Indah likely to gain from potential revised lending policies
Tambun Indah Land Bhd (Aug 23, 98 sen) Upgrade to buy with a higher target price of RM1.
Najib calls for inquiry into ECRL and pipeline projects
KUALA LUMPUR (August 24): Former prime minister Datuk Seri Najib Razak has asked the new government to establish a Royal Commission of Inquiry (RCI) into controversial China-linked projects — the East Coast Rail Link (ECRL) and two pipelines under the finance ministry-owned Suria Strategic Energy Resources Sdn Bhd, inked under his administration, after coming under fire for committing Malaysia to mega contracts perceived to be lopsided against it.
ECRL and HSR cost too much, mean too little — Liew Chin Tong
KUALA LUMPUR (Aug 23): The Kuala Lumpur-Singapore High Speed Rail (HSR) and the East Coast Rail Link (ECRL) projects cost too much and mean very little to Malaysia in terms of connectivity and regional strategy, according to Deputy Defense Minister Liew Chin Tong.
Kepong MP urges government to freeze transactions of 19 land plots in KL
KEPONG (Aug 23): Kepong MP Lim Lip Eng will lodge a report with the Malaysian Anti-Corruption Commission to investigate 19 pieces of land owned by Yayasan Wilayah Persekutuan (YWP).
More time needed to grasp SST 2.0, say businesses
KUALA LUMPUR (August 23): They may be the reintroduction of previously imposed single-tier taxes, but the new sales tax and service tax — collectively referred to as “SST 2.
Guan Eng: BN govt also did not return RM16.05b in excess taxes paid
KUALA LUMPUR (August 23): The new Pakatan Harapan government has revealed that excess income tax and real property gains tax paid by taxpayers totalling RM16.
Report of shock over ECRL scrapping
KUALA LUMPUR (Aug 22): From normal workers to top officials, those involved in the East Coast Rail Link (ECRL) are still in shock over the scrapping of the mega project.
Meryl Streep's Tribeca penthouse on sale for RM100m
PETALING JAYA (Aug 21): Legendary Hollywood actor Meryl Streep's Tribeca penthouse is on the market with an asking price of US$24.
Short selling of Gabungan AQRS, HSS Engineering shares suspended
KUALA LUMPUR (Aug 21): Proprietary day traders (PDT) and intraday short selling (IDSS) activities were suspended today for Gabungan AQRS Bhd and HSS Engineering Bhd after their shares dropped more than 15 sen or 15% from their reference price.
E&O on active lookout for STP2 Phase 2A investors to raise cashflow
KUALA LUMPUR (Aug 21): Lifestyle property developer Eastern and Oriental Bhd (E&O) is on the lookout for Tier 1 and Tier 2 investors, either local and foreign parties, to enter into joint ventures (JV) to develop its 253-acre Phase 2A land in Seri Tanjung Pinang 2, Penang (STP2A).
