1,000 fishermen protest against Penang South Reclamation project
GEORGE TOWN (Nov 4): It looks like the mega Penang South Reclamation or PSR project is still facing opposition from some sectors.
Report: Goldman offers US$2b to Malaysia over 1MDB, Mahathir says no
KUALA LUMPUR (Nov 4): An offer of less than US$2 billion (RM8.
Parcel quit rent should be calculated based on market conditions, say stakeholders
PETALING JAYA (Nov 4): Key industry stakeholders have raised concerns over the high rates resulting from the introduction of parcel quit rent for stratified properties.
Rise in minimum wage seen too sudden, too soon
KUALA LUMPUR (Nov 4): Employers say they have been caught by surprise by the government’s recent announcement that the minimum wage in major cities will be raised to RM1,200 from RM1,100 currently, given that a revision was just made at the start of the year.
Man gets leg caught in escalator, is freed by firemen
KUALA LUMPUR (Nov 4): For 45 minutes, a man's leg remained stuck in an escalator, before the Fire and Rescue Department managed to extricate him from the machine.
Menara Weld and The Weld Shopping Centre up for sale
KUALA LUMPUR (Nov 4): Great Eastern Life Assurance (M) Bhd, a unit of Singapore-listed Great Eastern Holdings Ltd, is calling for bids for the Menara Weld office building and The Weld Shopping Centre located within the Golden Triangle of Kuala Lumpur.
Media Prima: Staff affected by restructuring will receive fair compensation
KUALA LUMPUR (Nov 2): Media Prima Bhd says it is embarking on the next phase of its business transformation exercise and that all affected employees will receive a fair and equitable compensation package.
MACC studying responses over compound notices issued to recover 1MDB money
PUTRAJAYA (Nov 1) : The Malaysian Anti-Corruption Commission (MACC) is looking into the responses of the 80 individuals and entities against whom it had issued compound notices to recover money totalling some RM420 million believed to be from 1Malaysia Development Bhd.
Ivory Prop disposes of its 45% stake in Penang property development firm for RM56m
KUALA LUMPUR (Nov 2): Ivory Properties Group Bhd is disposing of its 45% interest in a Penang-based property development company for RM56.
Heng Huat major shareholder Ooi is now its executive chairman
KUALA LUMPUR (Nov 2): Ooi Chieng Sim, the executive chairman of Atta Global Group Bhd, is also wearing the same hat in Heng Huat Resources Group Bhd now.
