Former chief justice Arifin Zakaria to replace Zeti Aziz as PNB chairman
KUALA LUMPUR (April 29): Former chief justice Tun Arifin Zakaria will succeed Tan Sri Dr Zeti Akhtar Aziz as Permodalan Nasional Bhd (PNB) chairman, according to sources.
Construction, property segments pull Gadang 3Q net profit down 10% q-o-q
KUALA LUMPUR (April 29): Gadang Holdings Bhd saw its net profit for the third quarter ended Feb 28, 2021 (3QFY21) slide 10.
IGB shareholders approve listing of commercial REIT, sale of properties to the REIT
KUALA LUMPUR (April 29): IGB Bhd shareholders have approved the proposed listing of IGB Commercial Real Estate Investment Trust (REIT), as well the sale of 10 commercial properties to the new REIT.
Judge ticks off Najib’s defence, says ‘get to the main point’ after SRC appeal extended again
PUTRAJAYA (April 28): Datuk Seri Najib Razak’s defence failed to complete their submissions in the allotted two additional days in the SRC International Sdn Bhd case this week, resulting in the appeal hearing being extended by another day next week.
Speculation rife about Boustead’s MD Shazalli Ramly heading to LTAT
KUALA LUMPUR (April 28): As Lembaga Tabung Angkatan Tentera (LTAT) chief executive Datuk Seri Amrin Awaluddin looks set to join Lembaga Tabung Haji (TH) as its new group managing director (MD) and chief executive officer (CEO) come May 6, this leaves the top seat at the armed forces pension fund vacant.
ADB projects Malaysian economy to rebound to 6% in 2021, stabilise at 5.7% in 2022
KUALA LUMPUR (April 28): Malaysia’s economy is projected to rebound to 6% in 2021 and stabilise at about 5.
DONE DEAL: Two-storey bungalow at SS17, Petaling Jaya, Selangor
DONE DEAL: Double-storey semidee house in Bukit Jelutong, Shah Alam, Selangor DONE DEAL: Serviced apartment at Pavilion Residences, Jalan Bukit Bintang, Kuala Lumpur Section 17 is a freehold mixed housing estate located in Petaling Jaya (PJ), Selangor.
SRC appeal: There was a plan to retrieve RM3.6b frozen SRC funds in Switzerland, says defence
PUTRAJAYA (April 28): Datuk Seri Najib Razak and the Ministry of Finance (MoF) had made proper efforts to investigate and retrieve some RM3.
SRC appeal: Prosecution failed to establish Najib's personal interest in company, defence argues
KUALA LUMPUR (April 27): The prosecution has failed to establish Datuk Seri Najib Razak's personal interest in SRC International Sdn Bhd and, as such, the charge of abuse of power against the former prime minister should be scrapped, according to the defence.
Analysts still favour IGB REIT despite lowering earnings forecasts
KUALA LUMPUR (April 27): Despite some analysts trimming their earnings forecast for IGB Real Estate Investment Trust (IGB REIT), they still favour the REIT saying that signs of stronger footfall and tenant sales at the group are hints to better quarters ahead.
