Sunway to dispose of stake in Singapore JV for RM118m
KUALA LUMPUR (June 27): Sunway Bhd is disposing of its 30% stake in joint venture (JV) Hoi Hup Sunway Novena Pte Ltd (HHSN) to Hoi Hup Realty Pte Ltd for S$39.
Construction of HSBC HQ in TRX ahead of schedule
KUALA LUMPUR (June 26): HSBC Bank Malaysia Bhd (HSBC) is happy with the construction of its headquarters building in the Tun Razak Exchange (TRX) (pictured), said chief executive officer Stuart Milne.
Country Garden: Preparation and execution of Danga Bay S&P follows laws
PETALING JAYA (June 26): Country Garden Danga Bay Sdn Bhd has reiterated that the preparation and execution of the sale and purchase agreements (S&P) between the company and its Danga Bay project’s customers follows the requirements of relevant Malaysian laws and regulations.
NGO hails Tanjung Aru Eco Development cancellation
PETALING JAYA (June 26): The cancellation of the Tanjung Aru Eco Development (TAED) project by the new Sabah state government has been hailed by the non-governmental organisation Save Our Open Spaces.
Sabah aims to hold local council elections
PETALING JAYA (June 26): The Parti Warisan Sabah-led state government aims to hold local council elections in the state – either within this term or the next five years – in tandem with the federal government’s plans to re-introduce local council elections.
Penang fishermen are still against reclamation
KUALA LUMPUR (June 26): Penang’s fishermen are still putting up a fight against reclamation on the island's south and called on Putrajaya to scrap the project which involves the creation of three artificial islands.
Erosion: Graves in Muslim cemetery collapse into Sarawak river
KUALA LUMPUR (June 26): More than 100 graves in a Muslim cemetery in Seruai, Spaoh district, Sarawak have collapsed into the Sungai Saribas owing to soil erosion According Batang Lupar PKR branch chief Abang Zulkifli Engkeh, the soil erosion is believed to be caused by sand mining and dredging activities in and around the Sungai Saribas carried out by a private company, Bernama reported yesterday.
Gabungan AQRS proposes 1-for-4 bonus issue of Warrants B
KUALA LUMPUR (June 26): Gabungan AQRS Bhd has proposed to undertake a bonus issue of Warrants B on the basis of one Warrant B for every four existing shares held to reward existing shareholders and to raise additional working capital, when Warrants B are exercised in future.
Cabinet list finalised, says Dr Mahathir
PETALING JAYA (June 26): The full line-up of the cabinet under the new federal government has been finalised, said Prime Minister Tun Dr Mahathir Mohamad (pictured) yesterday.
T7 Global surges after ECRL ‘gets a reprieve’
KUALA LUMPUR (June 26): T7 Global Bhd’s share price surged by as much as 34.
