SME Bank files legal claim demanding Seacera auctions land to repay associate’s debt
KUALA LUMPUR (Dec 4): Seacera Group Bhd (SGB) has been served with a legal claim demanding that it auctions land in Perak to pay off an RM31.
Mah Sing nears RM1.5b target, posts lower 3Q net profit
KUALA LUMPUR (Nov 28): Mah Sing Group Bhd’s net profit for the third quarter ended Sept 30, 2019 (3QFY19) declined 22.
RH Consortium to develop 112-acre Riverbank Cove in Manjung
PETALING JAYA: Perak developer RH Consortium Sdn Bhd is gearing up to introduce its first flagship development Riverbank Cove in Manjung, Perak.
IWH secures RM371m loan from CIMB for Bandar Malaysia project
KUALA LUMPUR (Nov 22): Iskandar Waterfront Holdings Sdn Bhd (IWH) has secured a RM371 million financing facility from CIMB Bank Bhd to part-finance the investment by a consortium comprising IWH and China Railway Group Ltd (CREC) in the Bandar Malaysia project.
Gamuda Land teams up with Maybank Islamic’s HouzKEY to enhance GL H.O.M.E
PETALING JAYA (November 18): Gamuda Land and Maybank Islamic has teamed up to enhance the former’s GL H.
BNM Governor: Malaysia economic growth 'will remain positive' in 4Q
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus said today Malaysia's economic growth will remain positive in the fourth quarter of 2019 (4Q19) and the expansion will be sustained into 2020, anchored by the country's private sector spending and diversified nature of its economy and exports.
OPR cut not a preset course, says BNM
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.
Malaysia GDP growth slows to 4.4% in 3Q vs 4.9% in 2Q
KUALA LUMPUR (Nov 15): Malaysia's economic growth, as measured by gross domestic product, moderated to 4.
Sime Darby Property, S P Setia, Alliance Bank to be dropped from MSCI Global Standard's Malaysia index
KUALA LUMPUR (Nov 8): Sime Darby Property Bhd, S P Setia Bhd and Alliance Bank Malaysia Bhd will be deleted from the MSCI Global Standard Indexes' MSCI Malaysia Index, following MSCI Inc's November 2019 semi-annual index review.
BNM holds interest rates at 3%
KUALA LUMPUR (Nov 5): Bank Negara Malaysia (BNM) today left its key interest rate unchanged, as it expects the country's economic growth to come in within projections this year and the pace sustained going into 2020.
