SunCon 4Q net profit falls, targets RM2b new order book
KUALA LUMPUR (Feb 20): Sunway Construction Group Bhd (SunCon) announced a net profit of RM31.
Malaysia's theme park industry severely hit by COVID-19
KUALA LUMPUR (Feb 20): Malaysia's theme parks and attractions are one of the worst-hit leisure segments as both domestic and foreign tourists shy away from crowded places for fear of contracting the deadly coronavirus.
Businessman refutes claims that payments to Zahid were bribes
KUALA LUMPUR (Feb 20): A businessman, who secured contracts from the Home Ministry to process foreign visas, refutes in the High Court today claims that payments he made to former deputy premier and home minister Datuk Seri Dr Ahmad Zahid Hamidi were bribes.
IRB to replace Naban as its lawyer in Najib's income tax case: Source
KUALA LUMPUR (Feb 20): The Inland Revenue Board (IRB) will be looking for a replacement for tax lawyer Datuk DP Naban, who had acted for the board in its case against former premier Datuk Seri Najib Razak, a source said today.
E&O likely to launch The Peak in 2H, STP2A project in 1Q21
Eastern & Oriental Bhd (Feb 19, 58.
Urusharta Jamaah denies Tabung Haji hotels shut down
KUALA LUMPUR (Feb 20): The Finance Ministry’s special purpose vehicle Urusharta Jamaah Sdn Bhd (UJ) has firmly denied allegations that the Finance Ministry or Finance Minister Lim Guan Eng has irresponsibly shut down Lembaga Tabung Haji hotels and subsequently dismissed the affected hotel staff.
Property summit postponed
KUALA LUMPUR (Feb 20): The 13th Malaysian Property Summit scheduled to be held on Feb 26, 2020 at Sunway Resort Hotel & Spa, Bandar Sunway has been postponed to Wednesday June 24, 2020 owing to concerns over the COVID-19 outbreak.
Prosecution witness in Zahid's trial treated as hostile for contradictory statements
KUALA LUMPUR (Feb 19): The High court today allowed a witness in the corruption trial of Former Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi to be treated as hostile by the prosecution because of discrepancies between his written statement and testimony.
Widad acquires UiTM Jasin concession for RM127m
KUALA LUMPUR (Feb 19): Widad Group Bhd is taking over the entire 100% stake in Serendah Heights Sdn Bhd (SHSB), the ultimate owner of a concession to develop and maintain the Universiti Teknologi Mara (UiTM) campus in Jasin, Melaka, for RM127.
Will DBKL impose a time limit on renovations?
KUALA LUMPUR (Feb 19): Ever been bugged by a neighbour’s renovations that seem to go on endlessly? It looks like City Hall (DBKL) will take a “re-look” at this problem in the near future, with Mayor Datuk Nor Hisham Ahmad Dahlan saying that it is an issue that “needs to be addressed”, reported The Star.
