Tropicana Corp 2Q net profit down 18% on lower revenue
KUALA LUMPUR (Aug 23): Lower sales have dragged Tropicana Corp Bhd’s net profit for the second quarter ended June 30, 2018 (2QFY18) lower by 18.
Najib calls for inquiry into ECRL and pipeline projects
KUALA LUMPUR (August 24): Former prime minister Datuk Seri Najib Razak has asked the new government to establish a Royal Commission of Inquiry (RCI) into controversial China-linked projects — the East Coast Rail Link (ECRL) and two pipelines under the finance ministry-owned Suria Strategic Energy Resources Sdn Bhd, inked under his administration, after coming under fire for committing Malaysia to mega contracts perceived to be lopsided against it.
Guocoland swings into loss on SPA cancellations, lower sales
KUALA LUMPUR (Aug 24): Guocoland (Malaysia) Bhd incurred a net loss of RM20.
ECRL and HSR cost too much, mean too little — Liew Chin Tong
KUALA LUMPUR (Aug 23): The Kuala Lumpur-Singapore High Speed Rail (HSR) and the East Coast Rail Link (ECRL) projects cost too much and mean very little to Malaysia in terms of connectivity and regional strategy, according to Deputy Defense Minister Liew Chin Tong.
SP Setia 2Q net profit up 77% on year at RM443m
KUALA LUMPUR (Aug 23): SP Setia Bhd's second quarter net profit rose 77% year-on-year to RM442.
DONE DEAL: Commercial bungalow, Jalan Maarof, KL
Rented for: RM68,000 per month Concluded by: Sean Inn of Propstar Realty 012-2876 600 (REN 18479) When: June 2018 Noteworthy: ● Total built-up of 26,270 sq ft ● Four floors including a roof floor ● Comes with basement car park ● Rental started in July 2018 ● Comes with an elevator According to Propstar Realty senior negotiator Sean Inn, who concluded the rental deal, the corner bungalow lot was recently rebuilt from scratch and completed in September last year.
DBKL wants illegal traders near apartments to clear out in 3 months
KUALA LUMPUR (Aug 23): Kuala Lumpur City Hall (DBKL) has laid down the law on up to 50 illegal traders near the Taman Jinjang Baru Apartments in Kepong – relocate in three months or their stalls will be torn down.
Intan Baiduri, Kepong, residents want shortcut closed
KUALA LUMPUR (Aug 23): Imagine your neighbourhood being clogged up by outsiders using it as a shortcut to their destinations.
Kepong MP urges government to freeze transactions of 19 land plots in KL
KEPONG (Aug 23): Kepong MP Lim Lip Eng will lodge a report with the Malaysian Anti-Corruption Commission to investigate 19 pieces of land owned by Yayasan Wilayah Persekutuan (YWP).
More time needed to grasp SST 2.0, say businesses
KUALA LUMPUR (August 23): They may be the reintroduction of previously imposed single-tier taxes, but the new sales tax and service tax — collectively referred to as “SST 2.
