MBAM expects RM2 bil impact on contractors from levy
KUALA LUMPUR (Jan 9): Master Builders Association Malaysia (MBAM) expects a RM2 billion per annum impact to the construction industry, in particular contractors, due to the change in foreign worker levy policy by the government.
Second Chance sees 1Q net profit drop by half
SINGAPORE (Dec 30): Lower sales from Second Chance Properties’ apparel, properties and securities business cut its 1Q17 net profit by half to S$1.
Mulpha to subscribe for US$60 mil notes
KUALA LUMPUR (Dec 29): Mulpha International Bhd said it is subscribing for US$60 million (RM268.
US-based investment firm exploring potential warehouses in Malaysia
KUALA LUMPUR (Dec 27): Private investment company, Guidance Investments, is looking at potential warehouse opportunities in Malaysia to expand its property portfolio in the Southeast Asia (SEA) market, according to Guidance Investments’ Asian Real Estate managing director Pius Ho.
Iris Corp co-founder cuts stake amid restructuring plan
KUALA LUMPUR (Dec 27): Iris Corp Bhd co-founder, group managing director and chief executive officer Datuk Tan Say Jim has sold a substantial stake in the group, triggering talks of changes at the top.
Premature of Putrajaya to condemn DEIAs — Penang
GEORGE TOWN (Dec 23): The Penang government has refuted a federal minister’s claims that the state has failed to comply with the law in preparation of relevant environmental impact studies for the RM46 billion Penang Transport Master Plan (PTMP), saying such claims were “premature” as the reports have yet to even be submitted to Putrajaya.
SRS Consortium to submit 3 detailed EIAs for PTMP by early 2017
GEORGE TOWN (Dec 22): Gamuda Bhd-led SRS Consortium will submit all three detailed environmental impact assessments (DEIAs) for land reclamation, Pan Island Link highway and rail links, as part of the RM46 billion Penang Transport Master Plan (PTMP), to the Department of Environment (DOE) by the second week of 2017.
MBSB active, up 2.78% on getting go ahead for M&A talk with AFB
KUALA LUMPUR (Dec 22): Malaysia Building Society Bhd (MBSB) rose 2.
Festive flowers
“This is a very simple solution if you wish to dress up the table without too much effort,” says Alann Lung, one half of the talented duo behind OFlwr, one of Kuala Lumpur’s most sought-after names for occasion flowers, from stunning centrepieces to bouquets, high-society weddings and their signature season floral box collections.
