Encorp serves arbitration notice for RM25m claim
KUALA LUMPUR (Nov 6): Encorp Bhd's indirect wholly-owned subsidiary Encorp Iskandar Development Sdn Bhd (EIDSB) has served a notice of arbitration against Konsortium Ipmines Merz Sdn Bhd (KIMSB), seeking RM11.
Jho Low is not in Cyprus, says IGP
KUALA LUMPUR (Nov 6): Inspector-general of police Tan Sri Abdul Hamid Bador has rejected reports that the fugitive businessman Low Taek Jho aka Jho Low is “lying low” in Cyprus by allegedly using the island nation’s passport.
Gadang eyes new Pan Borneo Sabah packages next year
KUALA LUMPUR (Nov 6): Gadang Holdings Bhd said it intends to participate in the open tender process for the three Pan Borneo Sabah packages — worth RM925 million — to be awarded next year, besides having submitted bids for some RM1 billion worth of construction jobs.
Penang Hill: Heritage buildings to be given new lease of life
GEORGE TOWN (Nov 6): A number of heritage buildings on Penang Hill will be spruced up and given a new lease of life.
1MDB-Tanore Trial Day 31: Court failed to follow longer trial hours on first day of implementation
KUALA LUMPUR (Nov 6): The 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial yesterday ended early at 4:50pm, instead of the originally scheduled 6pm, as lead defence counsel Tan Sri Muhammad Shafee Abdullah requested to leave earlier to attend the Sultan Azlan Shah law lecture.
Travel agency sues Azmin over RM329,000 unpaid travel bills
KUALA LUMPUR (Nov 6): A travel agency has filed a suit against Economic Affairs Minister Datuk Seri Mohamed Azmin Ali over alleged non-payment of nearly RM329,000 in travel bills incurred by him and his family, including for his much-publicised Sandakan trip during the by-election there.
Ex-banker in 1MDB scandal Roger Ng to come home for April trial
KUALA LUMPUR (Nov 6): Ex-Goldman Sachs Group Inc banker Roger Ng Chong Hwa (pictured) will return to Malaysia next March, in time for his trial for abetting the sale of 1Malaysia Development Bhd (1MDB) bonds totalling US$6.
Sunway REIT 1Q NPI up 7.7% to RM119m, declares 2.5 sen DPU
KUALA LUMPUR (Nov 5): Sunway Real Estate Investment Trust's (REIT) net property income (NPI) grew 7.