Sunway REIT FY18 core net profit in line on better retail, hotel ops
Sunway Real Estate Investment Trust (Aug 10, RM1.
Govt mulls tabling supplementary budget
SERDANG (August 13): The government is looking at tabling the supplementary budget this week, said Prime Minister Tun Dr Mahathir Mohamad.
Mahathir regime has no interest in a fair and just legal process, says spokesman for Jho Low
KUALA LUMPUR (Aug 12): Fugitive financier Jho Low has fired back via a spokesperson in response to Prime Minister Tun Dr Mahathir Mohamad that the US has proven its case against Equanimity (Cayman) Ltd.
Some Penang residents against mega highway
KUALA LUMPUR (Aug 11): It is a long-term plan to ease the jams on Penang's highways but some residents in Penang are not too happy about the planned PIL 1 (Pan Island Link 1).
Penang seeks federal funds for LRT
PETALING JAYA (Aug 10): Penang Chief Minister Chow Kon Yeow has written a letter of appeal to Prime Minister Tun Dr Mahathir Mohamad seeking federal funding for the RM8.
Sarawak Report editor on Najib trial: Judiciary can perform without gag order
KUALA LUMPUR (Aug 10): Sarawak Report editor Clare Rewcastle-Brown disputed Datuk Seri Najib Tun Razak's argument that a gag order is necessary to ensure his fair trial.
Compensation for TTDI project should come from landowner
PETALING JAYA (Aug 9): Yayasan Wilayah Persekutuan (YWP), and not Dewan Bandaraya Kuala Lumpur (DBKL), should compensate the developer of a high-rise, high-density residential development coming up on Taman Rimba Kiara (TRK) as the former is the owner of the land, said Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abd Aziz.
Sunway REIT declares 2.15 sen DPU, warns property glut is a challenge
KUALA LUMPUR (Aug 10): Even as it endeavours to maintain a 100% payout of its distributable net income in the next fiscal year, Sunway Real Estate Investment Trust has cautioned of the “fundamentally challenging oversupply situation” brought about by tremendous new supply of retail, hotel, and commercial space in the market, exacerbated by lacklustre foreign direct investments and tourism activities.
No separate O&M deal for SSP3 water treatment plant, minister clarifies
KUALA LUMPUR (Aug 9): Minister of Water, Land and Natural Resources Dr Xavier Jayakumar (pictured) clarified that the RM2.
Drunk old man with gun causes panic at Centrepoint
PETALING JAYA (Aug 9): A drunk 61-year old man caused a stir at the Centrepoint Shopping Centre in Bandar Utama here yesterday when he brandished a semi-automatic pistol, reported news outlets.
