Revived projects seen encouraging for MRCB
Malaysian Resources Corp Bhd (Aug 5, 86 sen) Maintain buy with an unchanged target price (TP) of RM1.
Jho Low bulldozed Najib’s instruction letter for AmBank accounts, claims defence
KUALA LUMPUR (Aug 6): Fugitive businessman Low Taek Jho, who is known to have facilitated transfers to and from AmBank accounts of Datuk Seri Najib Razak between year 2011 and 2015, may have skipped the former prime minister’s approval in one of those transfers, the High Court was told yesterday.
Jho Low ordered RM40m transfer from SRC into Najib’s bank accounts
KUALA LUMPUR (Aug 6): Fugitive businessman Low Taek Jho (Jho Low) ordered RM40 million of SRC International Sdn Bhd funds to be channelled into former premier Datuk Seri Najib Razak’s AmBank accounts in the final week of December 2014 to ensure funds advanced by two Putrajaya Perdana Bhd units could be returned.
Day 47 of Najib's SRC trial: Joanna Yu to continue testifying for seventh day
KUALA LUMPUR (Aug 5): The trial of Datuk Seri Najib Razak involving the alleged siphoning of RM42 million from SRC International Sdn Bhd into his account enters its 47th day today, with the defence to continue its cross-examination of former AmBank relationship manager Joanna Yu Ging Ping.
Residents want double parking at nearby restaurant to stop
Residents of a Kepong condominium want action taken to resolve the issue of double parking at a nearby restaurant.
Lam Thye: Local authorities must ensure safety of lifts in public flats
PETALING JAYA: All local authorities must take proper measures to make sure lifts in all the country’s public flats are safe to use, The Star reported Tan Sri Lee Lam Thye saying today.
PPR Kg Kerinchi lift plunge a freak accident, says FT minister
KUALA LUMPUR (Aug 3): The lift plunge horror incident at the people's housing project (PPR) Kampung Kerinchi was a “freak accident that should not have happened”, Federal Territories Minister Khalid Abdul Samad was reported saying by The Star today.
Dr M should finish a full term in office: Zuraida
KUALA LUMPUR (Aug 3): Tun Dr Mahathir Mohamad should finish a full term as prime minister, said PKR vice-president Zuraida Kamaruddin, The Star reported today.
Stealing colleague's undies: Johor policeman arrested
JOHOR BAHRU (Aug 3): A policeman corporal has been arrested for stealing the underwear of a female colleague at the Kulai district police HQ’s housing barracks in Kulai here, reported The Malay Mail yesterday.
Malaysia's household debt deleveraging to continue: Report
KUALA LUMPUR (Aug 3): The stock of household debt as a share of gross domestic product (GDP) in Malaysia has declined over the years, thanks in part to a weaker housing market, and more deleveraging is likely to continue.
