IGB REIT distributable income up 1.3%, declares 2.31 sen distribution
KUALA LUMPUR (Oct 24): IGB Real Estate Investment Trust (REIT)’s distributable income for the third quarter ended Sept 30, 2019 (3QFY19) rose 1.
Human resources ministry tells Utusan to pay outstanding wages, VSS compensation
KUALA LUMPUR (Oct 23): The Ministry of Human Resources has told newspaper publisher Utusan Melayu (M) Bhd — which ceased operations on Oct 9 — and its interim liquidator UHY Advisory (KL) Sdn Bhd, to pay its employees their outstanding wages, as well as compensation for a voluntary separation scheme (VSS) that took place last year.
Syed Mokhtar’s firm allowed to proceed with suit over SFI takeover
KUALA LUMPUR (Oct 23): Tycoon Tan Sri Syed Mokhtar Albukhary-linked company Pelangi Prestasi Sdn Bhd has been allowed by the High Court to proceed with its suit against two parties in relation to its proposed takeover of Sabah Forest Industries Sdn Bhd (SFI).
Private sector's offer for PLUS still not attractive, Dr M says
KUALA LUMPUR (Oct 22): Although the government prefers to stay out of business and is willing to divest its stake in PLUS Highway, Prime Minister Tun Dr Mahathir Mohamad said the offers by the private sector so far are not attractive enough.
MGB delivers IBS-built homes half a year earlier
PETALING JAYA (Oct 22): Industrialised Building System (IBS) precast manufacturer MGB Bhd has successfully delivered IBS-built homes in LBS Alam Perdana, a township development in Puncak Alam, Selangor by LBS Bina Group Bhd, half a year earlier than scheduled.
Lynas rules out compensation battle with Malaysian govt
KUALA LUMPUR (Oct 21): Australia's Lynas Corp is reportedly resisting making a compensation claim against Malaysian authorities over the matter of costly operating restrictions.
Malaysia scores C+ rating in 2019 Melbourne Mercer Global Pension Index
KUALA LUMPUR (Oct 21): Malaysia scored a C+ rating in the 2019 Melbourne Mercer Global Pension Index (MMGPI), as the country's index value increased from 58.
Musa Aman acquitted of five out of 35 corruption charges
KUALA LUMPUR (Oct 18): Former Sabah chief minister Tan Sri Musa Aman has been acquitted of five charges, amounting to about US$13.
Creating values worth paying for
Before one enters the Fujisawa Sustainable Smart Town (SST), one could already see that this is no ordinary township.
EdgeProp Study Tour: An opportunity to gain ideas and network
It was a study tour to remember for the 15 chieftains of prominent property development companies in Malaysia as well as members of EdgeProp Malaysia’s Best Managed Property Awards judging panel which included heads of professional bodies such as the Real Estate and Housing Developers’ Association, the Malaysian Institute of Property and Facility Managers and the Building Management Association of Malaysia.
