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KUALA LUMPUR (Sept 27): The Malaysian Trades Union Congress (MTUC), in welcoming the Ministry of Finance's retraction of its earlier stance that the levy for migrant workers be split 20:80 between employers and foreign workers, has also called for the withdrawal of all tax concessions granted on the levy.

KUALA LUMPUR (Sept 27): Permodalan Nasional Bhd (PNB) is not discounting another extension for the completion of the proposed stake acquisition in the Battersea Power Station (BPS) project in the UK.

KUALA LUMPUR (Sept 27): The Federal Territories Ministry will reveal the new management structure of] Perbadanan Pembangunan Kampong Baru or Kampung Baru Development Corp by end-October pending the Prime Minister’s approval.

KUALA LUMPUR (Sept 27): The Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam said instead of putting a halt on new retail and office developments, the government should bring the country’s economy back on the right track to address the space glut.

KUALA LUMPUR (Sept 27): After enduring a marathon of more than 12 hours of questioning by the Malaysian Anti-Corruption Commission (MACC) yesterday, wife of former PM Datin Seri Rosmah Mansor may soon have to face the police.

KUALA LUMPUR (Sept 27): There is a need to bring facility management and property management together to give the market a better understanding of the functions and roles of both fields as well as to raise their standards, said the Malaysian Institute of Property and Facility Managers (MIPFM) president Sarkunan Subramaniam.

KUALA LUMPUR (Sept 27): Permodalan Nasional Bhd (PNB) chairman Tan Sri Zeti Akhtar Aziz said today that the Malaysian-government investment arm's immediate focus is to “consolidate what has been done” and ensure previous deals involving investee companies achieve their desired objectives.

KUALA LUMPUR (Sep 27): Eversendai Corp Bhd saw its share price up by 1.

Sapura Energy Bhd (Sept 26, 43.

I-Bhd (Sept 26, 51 sen) Maintain neutral with a lower target price (TP) of 53 sen: We recently organised a presentation made by I-Bhd’s representative (represented by non-executive independent director Ooi Hun Yong) to RHB remisiers and dealers.