News about TM

KUALA LUMPUR (Feb 24): The government’s case against Goldman Sachs regarding the sale of the guaranteed notes and bonds belonging to 1Malaysia Development Bhd (1MDB) is set to start in November.

KUALA LUMPUR (Feb 22): It is time for Malaysia “to unwind and reverse the 50-year history” of “housing financialisation”, said Kluang MP Liew Chin Tong.

KUALA LUMPUR (Feb 20): Engineering group Ranhill Holdings Bhd has secured an RM5.

KUALA LUMPUR (Feb 20): A Labour Department probe on the Taman Desa condominium collapse which occured last Friday (pictured) found that the main contractor of the project being built has allegedly made breaches of the employment law, the Malay Mail reported.

KUALA LUMPUR (Feb 18): The Construction Industry Development Board (CIDB) has started its investigation on a 37-storey condominium building under construction in Taman Desa, Jalan Klang Lama that partially collapsed last Friday (Feb 14), with the findings expected to be released in a month’s time.

KUALA LUMPUR (Feb 13): Shareholders of Amverton Bhd have been advised by Kenanga Investment Bank Bhd to accept the RM1.

PETALING JAYA (Feb 13): The government should explain how the double-digit spike in raw building materials has come about if cement prices have not risen, MCA president Datuk Seri Dr Wee Ka Siong says.

GEORGE TOWN (Feb 12): Non-governmental organisation Penang Forum said the Penang state government should delay the Penang South Reclamation (PSR) project pending an appeal case against the project, the Malay Mail reported today.

PETALING JAYA: United Malayan Land Bhd’s (UMLand) newest addition to its Bandar Seri Alam township in Johor Bahru has achieved 80% take-up within a month, despite weak market sentiment.

KUALA LUMPUR (Jan 30): Kejuruteraan Asastera Bhd has won an electrical installation services contract worth RM20 million from Kerjaya Prospek Group Bhd for a hotel, office and serviced apartment project in the city.