Menang to sell concession business to Widad Group for RM122 million
KUALA LUMPUR (Nov 28): Widad Group Bhd, whose share price closed yesterday at a two-year high of 50.
Salwani did not breach any code of conduct, says Ambrin
KUALA LUMPUR (Nov 27): National Audit Department (NAD) director Nor Salwani Muhammad did not breach any code of conduct by recording the fateful Feb 24, 2016 meeting between top government officials, former Auditor-General Tan Sri Ambrin Buang told the High Court today.
UK court says yes to open hearing of Malaysia's suit against IPIC
KUALA LUMPUR (Nov 27): The UK Court of Appeal has ruled in Malaysia's favour to have its bid to challenge a US$5.
YTL Hospitality REIT 1Q NPI up 11%, declares 1.96 sen dividend
KUALA LUMPUR (Nov 27): YTL Hospitality Real Estate Investment Trust’s (YTL REIT) net property income (NPI) grew 11.
FT Ministry to resolve MAS’ claim over Kampung Baru
KUALA LUMPUR (Nov 26): FEDERAL Territories Minister Khalid Abdul Samad will meet with the Malay Agricultural Settlement (MAS) to clarify issues over the administration power of Kampung Baru.
LBS Bina logs fourth straight quarterly net profit fall in 3Q
KUALA LUMPUR (Nov 26): LBS Bina Bhd’s net profit for the third quarter ended Sept 30, 2019 (3QFY19) fell 12.
IGB’s new commercial REIT plan stirs excitement
KUALA LUMPUR (Nov 25): IGB Bhd’s announcement that it is going to spin-off its commercial properties into a real estate investment trust (REIT) is a pleasant surprise and marks a step closer to realise the group’s fair value, analysts say.
UEM Sunrise disposes of Melbourne property for RM355m
KUALA LUMPUR (Nov 23): UEM Sunrise Bhd is disposing of one of its properties in Melbourne for A$125 million (RM354.
Jho Low's Acme obtained US$126m in IMTN bond flip, says auditor
KUALA LUMPUR (Nov 21): Acme Time Ltd, a firm wholly-owned by fugitive financier Low Taek Jho (Jho Low), obtained close to US$126 million in the Islamic Medium Term Note (IMTN) bond flip for the Terengganu Investment Authority (TIA) in 2009, the High Court was told today.
Calls to destroy final audit report shocked NAD director
KUALA LUMPUR (Nov 21): National Audit Department (NAD) director Nor Salwani Muhammad (pictured) was the one who recorded the Feb 24, 2016 meeting where top government officials agreed to amend and destroy the original 1Malaysia Development Bhd (1MDB) audit report, the High Court heard today.
