Guan Eng: EPF, Khazanah oppose PLUS acquisition by Maju

KUALA LUMPUR (July 11): The Ministry of Finance (MoF) has made a preliminary decision to oppose the takeover of highway operator PLUS Malaysia Bhd by Maju Holdings Sdn Bhd after considering the views from PLUS' major shareholders Khazanah Nasional Bhd and the Employees Provident Fund (EPF).

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Book rides earlier after tomorrow: Grab

  KUALA LUMPUR (July 11): E-hailing operator Grab has told passengers to brace for longer waiting times from tomorrow, as new e-hailing rules taking effect are expected to reduce the number of driver-partners on the road.

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Prosecution files motion to delay 1MDB trial again

  KUALA LUMPUR (July 10): The prosecution in Datuk Seri Najib Razak's SRC International Sdn Bhd trial has filed a notice of motion to the High Court here today to postpone the commencement of the former premier's 1Malaysia Development Bhd (1MDB) trial — also known as the Tanore phase — pending completion of the SRC case.

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Dhaya Maju LTAT wins back KVDT2 job, but contract value cut by 15%

KUALA LUMPUR (July 9): Syarikat Dhaya Maju LTAT Sdn Bhd — a 80:20 joint venture between privately-held construction company Dhaya Maju Infrastructure (Asia) Sdn Bhd (DMIA) and Lembaga Tabung Angkatan Tentera (LTAT) — has won back the second phase of the Klang Valley Double Track (KVDT2) rehabilitation contract, 10 months after it was terminated.

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