Creador’s Brahmal is Gabungan AQRS’ substantial shareholder
KUALA LUMPUR (June 20): Private equity firm Creador Sdn Bhd founder and chief executive officer (CEO) Brahmal Vasudevan has emerged as Gabungan AQRS Bhd’s substantial shareholder.
Nothing to fear from China
KUALA LUMPUR: Malaysia wants to strengthen its “good relations” with Beijing, Prime Minister Tun Dr Mahathir Mohamad told the South China Morning Post (SCMP) in an interview, but that Chinese companies investing in the country should refrain from relying only on material, capital and labour from China and denying Malaysia any real benefits.
Suaram director urges Dr M to visit S’wak natives displaced by Bakun dam
PETALING JAYA (June 19): Human rights activist Kua Kia Soong said Prime Minister Tun Dr Mahathir Mohamad should pay a visit to the Sarawak natives who were forced to leave their ancestral homes due to the Bakun dam project 20 years ago, the Malay Mail reported.
HBA: Allow EPF to offer home loans to members
PETALING JAYA (June 19): The National House Buyers Association (HBA) is urging the government to allow the Employees’ Provident Fund (EPF) to extend financing for home purchases – particularly of affordable units – to eligible members, reported Free Malaysia Today.
Free water not part of pledge in Negeri Sembilan
PETALING JAYA (June 19): Negeri Sembilan does not have plans to offer free water supply, says Menteri Besar Aminuddin Harun Aminuddin, adding that the state Pakatan Harapan did not make such a promise in its election manifesto.
HSR’s cheaper alternative may be penny wise, pound foolish, say experts
PETALING JAYA (June 19): A cheaper alternative to the Kuala Lumpur-Singapore high-speed rail (HSR) project may turn out to be penny wise, pound foolish, as it may cost more in terms of time and effort – and possibly leave Malaysia and Singapore out of a future regional HSR loop, warned analysts.
Alibaba’s investment in Malaysia is US$100m and counting
KUALA LUMPUR (June 19): Just over a year after announcing its partnership with the Malaysian government for the Digital Free Trade Zone (DFTZ), Alibaba Group has already invested US$100 million (RM400 million) in its various initiatives here.
China investors still upbeat on Malaysia despite ECRL review
PETALING JAYA (June 18): China’s investors are still upbeat on Malaysia despite the government reviewing the East Coast Rail Line (ECRL) project which had been awarded to a Beijing-linked firm, said the republic’s ambassador to Malaysia Bai Tian.
Jack Ma, Tun M meet in Putrajaya
PETALING JAYA (June 18): Alibaba Group founder and executive chairman Jack Ma met Prime Minister Tun Dr Mahathir Mohamad in Putrajaya today.
UEM Sunrise to expand rent-to-own scheme
KUALA LUMPUR (June 18): Property developer UEM Sunrise Bhd plans to expand its rent-to-own (RTO) scheme, as it aims to ease the burden of first-time house buyers.
