Country Garden considers increasing investments in Malaysia

PETALING JAYA (Aug 24): Hong Kong-listed property developer Country Garden Holdings founder and chairman Yeung Kwok Keung is confident in Malaysia’s economic prospects under the new government and plans to enlarge its investments in Malaysia, according to a report by Chinese daily Nanyang Siang Pau.

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BN govt agreed to higher payout for AES takeover

KUALA LUMPUR (August 24): The previous Barisan Nasional (BN) administration proposed to take over the Automated Enforcement System (AES) project from the Armed Forces Fund Board (LTAT) in November last year, said LTAT ex-chairman Tan Sri Mohd Anwar Mohd Nor.

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Najib calls for inquiry into ECRL and pipeline projects

KUALA LUMPUR (August 24): Former prime minister Datuk Seri Najib Razak has asked the new government to establish a Royal Commission of Inquiry (RCI) into controversial China-linked projects — the East Coast Rail Link (ECRL) and two pipelines under the finance ministry-owned Suria Strategic Energy Resources Sdn Bhd, inked under his administration, after coming under fire for committing Malaysia to mega contracts perceived to be lopsided against it.

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Tun Daim met with TTDI RA today, said sources

PETALING JAYA (Aug 23): It is learnt that former Malaysian Finance Minister and businessman Tun Daim Zainuddin has met up with Taman Tun Dr Ismail Residents Association (TTDI RA) to understand their concerns on the development which takes place at part of the land in Taman Rimba Kiara.

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