Shares of cement makers decline on news there's no price hike
KUALA LUMPUR (June 20): Shares of cement makers saw declines during mid-morning trade today following yesterday's news that there would be no rise in cement prices.
MoF witness: 'I was told SRC belongs to PM'
KUALA LUMPUR (June 20): A Ministry of Finance (MoF) official told the High Court during former premier Datuk Seri Najib Razak's SRC International Sdn Bhd trial today that she prepared the memorandum for the Cabinet meeting on Aug 15, 2011 under duress, as she was told the company belonged to the then prime minister.
Penang South Reclamation project may be reviewed: CM
GEORGE TOWN (June 20): The state government may review “the scale of the Penang South Reclamation (PSR)” project if there is funding from Putrajaya for the Penang Transport Master Plan (PTMP), The Star reported today.
Najib-SRC trial: First time MoF had to prepare materials on company for Cabinet paper on govt guarantee, says witness
KUALA LUMPUR (June 19): A witness from the Ministry of Finance (MoF) told the High Court here today that for the first time ever, the ministry had to prepare materials on a company to be included in a Cabinet memorandum concerning its application for a government guarantee.
Community hall caretakers refuse to budge - suing DBKL
KUALA LUMPUR (June 19): Kuala Lumpur City Hall (DBKL) officers have revealed that some caretakers of community halls are taking legal action against DBKL for being forced to return the premises to the council.
Short selling of IWCity suspended as trade breached Bursa's daily limit
KUALA LUMPUR (June 19): Bursa Malaysia has suspended regular short selling (RSS), intraday short selling (IDSS) and propriety day trading (PDT) of Iskandar Waterfront City Bhd (IWCity) until tomorrow morning.
SRC owes KWAP RM4.15b after borrowing RM4b seven years ago, says witness
KUALA LUMPUR (June 19): SRC International Sdn Bhd — formerly a subsidiary of 1Malaysia Development Bhd — still owes Retirement Fund (Incorporated) (KWAP) RM4.
IWCity shares soar on renewed buying interest
KUALA LUMPUR (June 19): Iskandar Waterfront City Bhd (IWCity) shares have come under strong buying interest today.
Putrajaya: No cement price increase
KUALA LUMPUR (June 19): Cement producers will not increase the price of cement, Domestic Trade and Consumer Affairs Minister Saifuddin Nasution announced today, reported Malaysiakini.
Brickfields residents unhappy with high rental rates at DBKL carpark complex
KUALA LUMPUR (June 19): Some Brickfields residents are miffed by the way a private company is now running the multi-storey carpark Kompleks Tempat Letak Kereta (TLK) Brickfields.
