Najib ordered appointment of SRC directors, transfer of RM1.8b even before 1MDB’s board approval secured
KUALA LUMPUR (Dec 18): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial showed yesterday that the former premier had ordered the appointment of directors to the company even before the board of its parent 1Malaysia Development Bhd (1MDB) had approved the proposal via a directors’ circular resolution (DCR).
Bandar Malaysia: Daim worried it could lead to bigger oversupply of property
KUALA LUMPUR (Dec 18): Tun Daim Zainuddin (pictured) is worried that the Bandar Malaysia mega development could exacerbate the oversupply of property in the country.
‘Sugar Daddy’ ad on Bangsar billboard to be removed
PETALING JAYA (Dec 18): Kuala Lumpur City Hall (DBKL) said an eyebrow raising advertisement on a billboard in Bangsar is illegal and will be removed, the Malay Mail reported today.
Bandar Malaysia project set to take off
PUTRAJAYA (Dec 17): TRX City Sdn Bhd, a wholly owned subsidiary of the Ministry of Finance Inc has signed an agreement with IWH CREC Sdn Bhd (IWH-CREC) to develop the reinstated Bandar Malaysia mega project.
PM: Construction of Bandar Malaysia to commence 'very soon'
PUTRAJAYA (Dec 17): The construction of Bandar Malaysia is expected to kick start “very soon” after a deal has been inked between Putrajaya and the consortium formed by lskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corporation (M) Sdn Bhd (CREC) today.
KL-Singapore HSR to go ahead after 'some adjustments', says Dr Mahathir
PUTRAJAYA (Dec 17): Prime Minister Tun Dr Mahathir Mohamad said the government will go ahead with the Kuala Lumpur-Singapore High Speed Rail (HSR) after making "some adjustments" to reduce the project's costs.
AmBank and former banker have until Jan 31 to file defence against Najib's suit
KUALA LUMPUR (Dec 17): AmBank Islamic Bhd and former relationship manager Joanna Yu Ging Ping have until Jan 31, 2020 to file their defence against the civil suit by former prime minister Datuk Seri Najib Razak.
JKG Land active, up 12.5% as 3Q earnings surges to RM3.03m
KUALA LUMPUR (Dec 17): Shares in JKG Land Bhd rose 12.
IWCity, Ekovest shares up on fresh Bandar Malaysia news
KUALA LUMPUR (Dec 16): Iskandar Waterfront City Bhd (IWCity) and Ekovest Bhd are back on the radar as their common shareholder Tan Sri Lim Kang Ho is expected to kickstart the Bandar Malaysia project (pictured) via joint venture IWH-CREC Sdn Bhd.