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.
RM6m bribe to Zahid was political donation for GE14: Datasonic deputy MD
KUALA LUMPUR (19 Feb): Datasonic Group Bhd deputy managing director Chew Ben Ben told the High Court today that an alleged RM6 million bribe the company gave to former deputy prime minister Datuk Dr Ahmad Zahid Hamidi in 2017 was in fact a political donation to his Barisan Nasional coalition government.
KPKT to set up fund for DKN activities
PUTRAJAYA (Feb 18): The Housing and Local Government Ministry will set up a fund for those who want to contribute to programmes and activities under the Dasar Komuniti Negara (DKN) or the National Community Policy to enhance the lives of the B40 community.
E&O swings back to profit in 3QFY20, eyes to launch properties worth RM1.3b in GDV
KUALA LUMPUR (Feb 18): Eastern & Oriental Bhd (E&O), which aims to launch properties worth RM1.
