WCT bags Pavilion Damansara job worth RM1.77 billion
KUALA LUMPUR (Sept 18): WCT Holdings Berhad has accepted a letter of award (LOA) worth about RM1.
Najib defends authenticity of 'donation' letters
KUALA LUMPUR (Sept 18): It is not unheard of for staff to sign letters on behalf of their employers, said former prime minister Datuk Seri Najib Razak (pictured) yesterday in a Facebook post as he defends the authenticity of several letters, purportedly from Saudi royalty, that he claimed were proof that the US$972 million that went into his AmBank account were personal donations to him.
Authorities can hold seized 1MDB cash and jewellery till May 2019, says Deputy IGP
KUALA LUMPUR (Sept 14): Deputy Inspector-General of Police Tan Sri Noor Rashid Ibrahim said police can hold onto the seized 1Malaysia Development Bhd (1MDB) cash and jewellery for up to one year instead of three months as former Prime Minister Datuk Seri Najib Razak (pictured) has claimed.
Jho Low’s location a secret — police
KUALA LUMPUR (Sept 14): The police will not reveal the whereabouts of fugitive businessman Low Taek Jho, also known as Jho Low, even if they know it, Deputy Inspector-General of Police Tan Sri Noor Rashid Ibrahim said.
Deputy IGP: RM2.97b 1MDB funds went into Najib’s personal account
KUALA LUMPUR (Sept 13): Investigations into state-owned investment fund 1Malaysia Development Bhd (1MDB) have revealed that US$972 million (RM2.
Tony Tiah fails in takeover bid for TA Enterprise
KUALA LUMPUR (Sept 13): Datuk Tony Tiah Thee Kian, who launched a mandatory takeover offer (MGO) for TA Enterprise Bhd at 66 sen per share in July, has failed to garner the required acceptance from minority shareholders which would have given him control of over 50% of the total voting shares in the group.
Putrajaya to announce mechanism on targeted petroleum subsidy by early next year
KUALA LUMPUR (Sept 12): The government expects to disclose the mechanism on the implementation of a targeted petroleum subsidy system by early next year, Deputy Finance Minister Datuk Amiruddin Hamzah said today.
Report: Anwar seeks to reassure investors after cancelled mega projects
KUALA LUMPUR (Sept 12): Datuk Seri Anwar Ibrahim (pictured) wants to reassure foreign investors who may have been spooked by the recent scrapping and delay of a few high-profile multi-billion ringgit mega projects, according to a report by Bloomberg.
Yong Tai: Property segment to remain lacklustre in two to three years
KUALA LUMPUR (September 12): Yong Tai Bhd’s focus for the financial year ending June 30, 2019 (FY19) will be on Encore Melaka, as well as clearing the remaining inventories for its property segment, which stood at about RM400 million.
Residents near Highland Towers call for all safety requirements to be met in site redevelopment
PETALING JAYA (Sept 10): Residents living near the site of the Highland Towers site have urged the authorities to ensure that all safety requirements are met before the site is redeveloped, reported The Malaysian Insight.
