JAKS gets interim restrain of RM50m guarantee to Star
KUALA LUMPUR (July 18): JAKS Resources Bhd obtained an ad interim order at the High Court yesterday to restrain two financial institutions from releasing the group’s RM50 million bank guarantee to Star Media Group Bhd.
KPS unit buys Penang land to build EMS factory
KUALA LUMPUR (July 18): Kumpulan Perangsang Selangor Bhd's (KPS) indirect wholly-owned subsidiary CPI (Penang) Sdn Bhd is buying a 4.
Jinjang Utara longhouse residents must settle all their bills
KUALA LUMPUR (July 17): The 150 families who have not been allowed to move to the Seri Aman PPR flats have either not settled their outstanding rental and utility bills while living in the Jinjang Utara longhouse or have problems in their paperwork and loan application, reported The Star today.
Portuguese folk protest against Melaka Gateway project with coffins
KUALA LUMPUR (July 17): The Melaka Gateway project has incurred the anger of residents from the Portuguese Settlement in Bandar Hilir.
‘We could save up to RM1b’ from Pan Borneo project, says Sabah minister
PETALING JAYA (July 17): Sabah infrastructure development minister Datuk Peter Anthony said in a statement that up to RM1 billion could be saved if the project was managed by the Works Ministry and State Infrastructure Development Ministry.
Another Umno man sued for defamation over Felda land affair
KUALA LUMPUR (July 17): Synergy Promenade Sdn Bhd (SPSB) is suing an ex-deputy minister in the Prime Minister’s department for RM100 million over defamatory statements made about the Kuala Lumpur Vertical City (KLVC) and land owned by Felda on Jalan Semarak, reported The Malaysian Insight news portal today.
Retail growth forecast revised upwards for 2018
KUALA LUMPUR (July 17): Retail Group Malaysia has revised Malaysia’s 2018 retail growth rate forecast from 4.
Both IGB REIT assets expected to continue to perform well
GB Real Estate Investment Trust (July 16, RM1.
Guan Eng: LRT3 is a mini 1MDB scandal
KUALA LUMPUR (July 17): The light rail transit Line 3 (LRT3) project is a mini 1Malaysia Development Bhd (1MDB) scandal due to the opaque nature of the transactions pertaining to the megaproject, said Finance Minister Lim Guan Eng.
