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KUALA LUMPUR (June 21): The Malaysian Anti-Corruption Commission (MACC) has filed a civil forfeiture suit against 41 entities and individuals in a bid to recover RM270 million of funds which were allegedly misappropriated from 1Malaysia Development Bhd (1MDB).

  KUALA LUMPUR (June 21): Malaysian Resources Corp Bhd (MRCB) took home the Gold Award at the 2019 Australasian Reporting Awards (ARA) ceremony held in Melbourne, Australia on Wednesday.

  Construction sector Maintain neutral: Various press reports have recently highlighted a potential 40-50% increase in cement prices from July 1.

KUALA LUMPUR (June 21): Former SRC International Sdn Bhd director Datuk Suboh Mohd Yassin told the High Court yesterday that he was directed to leave the country at the height of the 1Malaysia Development Bhd (1MDB) scandal in 2015.

  KUALA LUMPUR (June 21): SRC International Sdn Bhd has spent more than 90% of the two loans totalling RM4 billion granted to it by Kumpulan Wang Persaraan (Diperbadankan) (KWAP) in 2014, said former SRC director Datuk Suboh Mohd Yassin.

KUALA LUMPUIR (June 20): The former caretakers of the Kuala Lumpur City Hall (DBKL)’s community and multipurpose halls have been found to be takers rather than carers.

  PETALING JAYA (June 20): The price of cement   is not the cause of rising house prices, said the Cement and Concrete Association of Malaysia (C&CA).

  KUALA LUMPUR (June 20): Former Cabinet deputy chief secretary Tan Sri Mazidah Abdul Majid (pictured) told the High Court today that if Datuk Seri Najib Razak had received payment from SRC International Sdn Bhd, a subsidiary of the Ministry of Finance Incorporated (MoF Inc), he would be required to declare his interests in Cabinet meetings discussing the company.

JOHOR BARU (June 20): WCT Holdings Bhd and Hyatt Hotels Corp (Hyatt) has entered into a management agreement to develop a 200-room hotel in an integrated development that includes the largest regional mall in Johor, Paradigm Mall Johor Bahru.

KUALA LUMPUR (June 20): Former SRC International Sdn Bhd director Datuk Suboh Md Yassin (pictured) took the stand as a key witness in the graft case against former prime minister Datuk Seri Najib Razak today.