Tambun Indah 2Q net profit down 23% on fewer on-going projects
KUALA LUMPUR (Aug 22): Tambun Indah Land Bhd saw its net profit fall 23.
Sunway on track to exceed RM1.3b sales target, declares dividend
KUALA LUMPUR (Aug 22): Sunway Bhd’s second quarter profit saw a marginal 1% rise to RM199.
MCT buys Tropicana land to build RM265m luxury condominium
KUALA LUMPUR (Aug 22): MCT Bhd is acquiring a 7,143 sq m piece of leasehold land within Tropicana Golf & Country Resort in Bandar Damansara, Selangor from Tropicana Corp Bhd, controlled by tycoon Tan Sri Danny Tan Chee Sing, for RM42.
Paramount 2Q net profit doubles on land disposal
KUALA LUMPUR (Aug 21): Paramount Corp Bhd's net profit more than doubled for its second quarter ended June 30, 2018 (2QFY18) to RM42.
Woman fears losing home to Ah Longs
PONTIAN (August 21): A woman told the media that her husband had run away, and owed some RM100,000 to nine loan sharks, with their home as collateral.
Canadian firm co-owned by Taib Mahmud's daughter seeks injunction against Swiss NGO
KUALA LUMPUR (Aug 21): Sakto Corp, a Canadian real estate company co-owned and operated by Jamilah Taib Murray, the daughter of Sarawak Governor Tun Abdul Taib Mahmud, has applied to Switzerland's Basel Civil Court to obtain an injunction against Swiss non-governmental organisation Bruno Manser Fonds (BMF).
Highland Towers site to be recreational park, flanked by 50 bungalows
PETALING JAYA (August 21): In new developments on the Highland Towers site, the proposed plan is to build 50 bungalows on 8ha of land around the site, turning the current location of the old towers into the recreational park that Housing and Local Government Minister Zuraida Kamaruddin spoke of on Aug 19.
Daim: The government knows where Jho Low is
KUALA LUMPUR (Aug 21): The government is aware of and knows the whereabouts of businessman-turned-fugitive Low Taek Jho (pictured), or better known as Jho Low, who has been linked to the financial troubles at beleaguered 1Malaysia Development Bhd (1MDB), according to former finance minister Tun Daim Zainuddin.
Perak theme park to blossom after termination of DreamWorks licence agreement
KUALA LUMPUR (August 20): Menteri Besar Ahmad Faizal Azumu lauded the termination of the licence agreement between the Movie Animation Park Studios (MAPS) in Perak and DreamWorks Animation LLC, as all rides and attractions in the theme park can be opened to visitors now.
Daim: CEP will submit recommendation report to PM tomorrow
KUALA LUMPUR (Aug 20): The five-man Council of Eminent Persons (CEP), which has completed its 100-day mandate to assist the Pakatan Harapan government in fulfilling its election promises, has prepared a comprehensive report on its recommendations to be sent to Prime Minister Tun Dr Mahathir Mohamad upon his expected return tomorrow after a five-day visit to China, said CEP chairman Tun Daim Zainuddin.
