Muar Ban Lee is now Symphony Life’s largest shareholder
KUALA LUMPUR (Aug 10): Muar Ban Lee Group Bhd (MBL) has emerged as the largest shareholder of property developer Symphony Life Bhd, with a combined direct and indirect stake of 17.
Bangkok's Train Night Market Ratchada likely to close down permanently
PETALING JAYA (Aug 2): The popular tourist destination Train Night Market Ratchada in Bangkok is believed to be closing for good, according to Kapook, a Thai language lifestyle site on Saturday (July 31).
Maybank Singapore sues NFC chairman, children for defaulting on housing loans worth S$2.53m
KUALA LUMPUR (Aug 2): Maybank Singapore Ltd has filed a suit against National Feedlot Corp Sdn Bhd (NFC) chairman Datuk Seri Dr Mohamad Salleh Ismail and his two children for defaulting on two housing loan facilities for properties in Singapore.
Revival possibility remains bleak for abandoned malls in JB
JOHOR BAHRU (July 29): With more new malls opening, coupled with weak market conditions, the hope of abandoned malls in the capital city of the southern region to attract white knights to rescue them seems even harder reported The Star.
LRT3 construction site scaffolding collapses at Bukit Tinggi, one remains buried
KLANG (July 29): The metal scaffolding of the LRT3 construction site in Bandar Bukit Tinggi, Klang has collapsed today, reported Malaysiakini.
Bangi MP Ong Kian Ming calls for political ceasefire to focus on getting Malaysia out of Covid-19
KUALA LUMPUR (July 28): Bangi Member of Parliament (MP) Dr Ong Kian Ming (pictured) has called for a six- to 12-month political ceasefire between the government and the opposition, dubbed "Covid Moratorium Agreement", to focus on working together to get the country out of the Covid-19 pandemic.
JAKS succeeds in appeal against order to pay damages to Star Media over corporate guarantee
KUALA LUMPUR (July 28): JAKS Resources Bhd has succeeded in its appeal against the High Court decision requiring the company to pay damages to Star Media Group Bhd in relation to the latter’s corporate guarantee claim.
Guocoland places over RM2b bid for Singapore’s Lentor Central MRT site
SINGAPORE (July 26): Guocoland has placed an offer of more than S$784 million (about RM2.
Vaccination progress to lead recovery in REIT sector, says AmInvestment Bank
KUALA LUMPUR (July 26): The current lacklustre performance of retail real estate investment trusts’ (REITs) share prices offers investors a good opportunity to invest in quality retail REIT assets whose property values have remained largely intact despite the Covid-19 pandemic, AmInvestment Bank said.
MoF launches JanaNiaga to assist SMEs maintain cash flow
KUALA LUMPUR (July 22): The Ministry of Finance (MoF) today launched the National Supply Chain Finance Platform, dubbed as "JanaNiaga", with an aim to assist small and medium enterprises (SMEs) in maintaining a healthy cash flow while also limiting credit risk to financiers or financial institutions in Malaysia.
