Affin Hwang Capital cuts construction sector to Underweight

KUALA LUMPUR (Feb 25): Affin Hwang Capital Research has downgraded the construction sector to “Underweight” from Overweight amidst the political uncertainties following the resignation of Prime Minister (PM) Tun Dr Mahathir Mohamad (and his re-appointment as interim PM).

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Flight MH370: 'No firm proof about pilot'

KUALA LUMPUR (Feb 20): The Malaysian authorities did examine the possibility of a criminal plot behind the disappearance of the Malaysia Airlines Flight MH370, said the then prime minister Datuk Seri Najib Razak, but did not make the suspicions public as the plane’s recorders had not been found.

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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.

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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.

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