Tabung Haji should come clean on land deal with 1MDB, says DAP

PETALING JAYA (May 7): Lembaga Tabung Haji (LTH) chairman Datuk Abdul Azeez Abdul Rahim (pictured, below) should clear the air over reports that the pilgrims’ fund had allegedly bailed out debt-laden 1Malaysia Development Bhd (1MDB) by forking out RM722 million for two plots of land in Kuala Lumpur city centre, said DAP.

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HLIB conservative on UEM Sunrise profits

PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.

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MRT Corp to engage landowners to cut private land buy cost for Line 2

PETALING JAYA (April 30): Minister of Finance Inc’s wholly-owned Mass Rapid Transport Corp Sdn Bhd (MRT Corp) aims to cut the cost of private land acquisitions for the RM23 billion Sungai Buloh-Serdang-Putrajaya MRT project (Line 2) through mutual agreements with landowners, according to a report in The Edge Financial Daily today.

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PM may announce HSR details after Malaysia-Singapore retreat next week

PETALING JAYA (April 30): Prime Minister Datuk Seri Najib Razak is expected to announce details of the high-speed rail (HSR) after the annual Malaysia-Singapore Leaders’ Retreat next week, said Land Public Transport Commission (SPAD) CEO Mohd Nur Ismal Mohamed Kamal, according to a report in The Edge Financial Daily today.

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