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KUALA LUMPUR (Aug 28): Land & General Bhd’s first quarter net profit dropped 92% to RM1.

KUALA LUMPUR (Aug 28): The major shareholders of Daiman Development Bhd have proposed to undertake a selective capital reduction (SCR) and repayment exercise to take the company private at RM3 a share or RM295.

KUALA LUMPUR (Aug 28): Matrix Concepts Holdings Bhd’s founder and major shareholder Datuk Lee Tian Hock (pictured) has been redesignated as the group’s executive deputy chairman effective Sept 1.

PETALING JAYA (Aug 27): A long glass pedestrian bridge that links the Kerinchi LRT at Plaza Pantai to Bangsar South will be examined by Dewan Bandaraya Kuala Lumpur's (DBKL) engineer and contractor following complaints by pedestrians and denizens of the area.

PETALING JAYA (Aug 27): Sabah is preparing for a water shortage as the current heatwave is expected to last until December, reported The Malaysian Insight.

KUALA LUMPUR (Aug 27): Ideal United Bintang International Bhd’s (IUBI) share price hit a 13-year high of RM1.

PETALING JAYA (Aug 27): Federal Territories Minister Khalid Samad has received nominations for the Dewan Bandaraya Kuala Lumpur (DBKL) advisory board and will announce the shortlisted names by the end of this month, reported The Star.

  KUALA LUMPUR (Aug 27): Matrix Concepts Holdings Bhd's net profit grew 10.

KUALA LUMPUR (Aug 27): Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there.

PETALING JAYA (Aug 27): The Selangor state exco has proposed to establish a taskforce that will examine the costs of residential property development to the point where the property is sold, reported The Star.