Guan Eng: Bumi-only contracts remain

KUALA LUMPUR (April 3): The government has not issued any instruction to open up “bumiputera-only” contracts to all races despite opting for open tenders and less bureaucracy in the procurement process, Finance Minister Lim Guan Eng reiterated.

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PNB has no plans to list another REIT — CEO

  KUALA LUMPUR (April 3): Permodalan Nasional Bhd (PNB) has no plans to list any of its assets in another real estate investment trust (REIT) on Bursa Malaysia, said its president and group chief executive officer Datuk Abdul Rahman Ahmad.

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Najib seeks SRC trial delay

  KUALA LUMPUR (April 2): Lawyers of former premier Datuk Seri Najib Razak yesterday filed an application to review the Federal Court’s decision to lift the stay on the trial of the RM42 million SRC International Sdn Bhd case, in which he is facing abuse of power and money laundering charges.

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BBCC Development disputes Zelan's late payment claim

KUALA LUMPUR (March 29): BBCC Development Sdn Bhd, the project owner of the multi-billion-ringgit Bukit Bintang City Centre (BBCC), today disputed a claim of late payment made by Zelan Bhd's subsidiary, which involves a principal sum of RM3.

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