Remand extended for Datuk Seri in Penang undersea tunnel bribery case
PETALING JAYA (March 5): The remand on a businessman with a “Datuk Seri” title who had allegedly accepted RM19 million in bribes to stop investigations into the RM6.
Businessman in remand over Penang undersea tunnel project
PUTRAJAYA (Feb 28): A businessman has been remanded for six days for today over allegations of receiving RM19 million to halt a probe into a RM6.
UOA posts 45% drop in 4Q net profit, proposes 15 sen dividend
KUALA LUMPUR (Feb 21): UOA Development Bhd's net profit for the fourth quarter ended Dec 31, 2017 (4QFY17) fell 45% to RM191.
JAKS, Star Media at loggerheads over project delay
KUALA LUMPUR (Feb 21): A more than two-year delay in completing the Pacific Star Business Hub by JAKS Resources Bhd (pictured) has been cited as the reason for Star Media Group Bhd to call on a RM50 million bank guarantee for the project.
Penang’s The Rice Miller project seeks saviours
PETALING JAYA (Feb 19): The receivers and managers of Asian Global Business Sdn Bhd, the developers of The Rice Miller Hotel and Residences project in George Town, Penang, are looking for white knights to rescue the project, reported The Edge weekly.
Getting the show on the road
What began as a node in Penang Island’s public transport links has turned into a cultural hub.
Capital World launches Malaysia’s biggest indoor theme park
PETALING JAYA (Jan 15): Malaysian developer Capital World Ltd — a group listed on Singapore’s Catalist board — has launched the country’s biggest indoor theme park concept at its Capital City development in Johor, reported the Business Times.
Malaysia ranked 35th in Forbes' 'Best Countries for Business 2018'
PETALING JAYA (Dec 21): Malaysia is ranked 35th out of 153 countries in Forbes’ “Best Countries for Business 2018”.
KL-Klang BRT project cancelled due to LRT3
KUALA LUMPUR (Nov 29): The government has cancelled the Kuala Lumpur-Klang bus rapid transit (BRT) project as the service will overlap with the proposed light rail transit 3 (LRT3) project, the Dewan Rakyat was told yesterday.
