Abdul Karim no longer a shareholder in SCIB after forced share sale
Abdul Karim is also co-founder and chairman of troubled engineering group Serba Dinamik Holdings Bhd.
Unitrade to sell industrial land in Glenmarie for RM19m
“The proposed disposal is expected to result in a net gain of approximately RM14.
PAM urges local govts to preserve, plant more urban street trees
PAM said this is due to an alarming increase in the unnecessary felling of street trees by local governments in the Greater Kuala Lumpur region.
RHB Research maintains 3.25% OPR forecast on further ringgit weakening, sticky inflation
The research house’s view contradicts OCBC’s and UOB’s view that BNM will hold the OPR at 3% for the rest of the year, but aligns with MIDF Research's view that an increment will occur in the second half of the year.
With BNM staying its course, economists peg OPR at 3% till year-end
Domestically, the central bank noted that following its strong outturn in the first quarter of the year, the local economy has since expanded at a more moderate pace as exports were weighed down by slower external demand in line with expectations.
BNM maintains OPR at 3%, as expected
BNM’s latest OPR decision follows the 25 basis point (bps) hike in May as it moved to further normalise monetary policy in line with resilient domestic growth prospects.
Hextar Technologies to exit warehouse segment after RM78.31 mil land disposal
“Upon completion of the (disposed) proposals, HexTech will continue mainly with its logistics, trading and technology and other businesses, such as insurance agency and investment holding,” HexTech said in a filing on Tuesday (July 4).
The Binjai on the Park and Kuala Lumpur Convention Centre retain Gold status at The Edge Malaysia BMSPA 2023
BMSPA is in its seventh instalment this year in seeking to recognise real estate that is managed with excellence and sustainability.
Local govt ministry plans new law to speed up redevelopment projects
“Right now, under the current act (law), we have to get 100% consent from the residents (of the identified projects) to implement a redevelopment [plan], which is not possible… We will be coming out with a new act soon, to speed up the progress of the redevelopment projects.
SCIB secures 16-month EPCC contract worth RM8.26m in Kelantan
“This new development will reinforce SCIB’s financial stability and robustness and pave the way for future growth opportunities, thus creating long-term shareholder value.
