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KUALA LUMPUR (June 18): The board members of SRC International Sdn Bhd would not have been able to remain in their positions if they had refused to follow the instructions of Datuk Seri Najib Razak, said its former chairman Tan Sri Ismee Ismail.

SHAH ALAM (June 18): A housing project that has been abandoned for nearly two decades called Arcadia, located in Taman Alam Perdana, Puncak Alam, Selangor is being revitalised and developed into a Rumah Idaman affordable housing project, revealed Selangor Menteri Besar Amirudin Shari today.

SHAH ALAM (June 18): PCSB-MGB Consortium signed a Development Rights Agreement with Must Ehsan Development Sdn Bhd today to jointly develop Rumah Idaman affordable homes at Encorp Cahaya Alam, Selangor.

KUALA LUMPUR (June 18): The construction sector will likely have to brace for more downside moving forward apart from the rising building material costs, according to TA Securities.

KUALA LUMPUR (June 18): Bank Negara Malaysia (BNM) announced today Aznan Abdul Aziz's (pictured) appointment as assistant governor effective July 1, 2019.

KUALA LUMPUR (June 18): Jesselton Duty-Free, which boasts a retail space of 37,000 sq ft in the seafront mall of Jesselton Mall in Kota Kinabalu, Sabah, has opened its doors.

KUALA LUMPUR (June 17): Damansara Realty Bhd is partnering the state investment arm of Negeri Sembilan — the Menteri Besar Negeri Sembilan (Inc) or MBNSI — to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan.

KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).

KUALA LUMPUR (June 17): A spokesperson for Low Taek Jho through his lead US attorneys, issued a statement today saying claims former SRC International Sdn Bhd secretary Goh Gaik Kim is Low’s relative are demonstrably false.

PETALING JAYA (June 17): The cement price hike of close to 50% will spark a chain reaction in the construction and property development industry, which may likely lead to a property price increase of 10% to 15%.