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Maybank Investment Bank (Maybank IB) head of equity research Wong Chew Hann: In the private sector, you go into business because you want to make money.

In a reply to the stock market regulator's unusual market activity (UMA) query, Magna Prima said the company and its subsidiaries have been continuously on the lookout for opportunities to strengthen its financial position.

“The regulations for doing business in the Special Economic Zone must be streamlined, as in how to shorten the registration process and how to get the licences.

In a report on Friday, Japanese agency Kyodo News, citing sources, said the companies, including East Japan Railway Co, had hoped to utilise Japan's Shinkansen bullet train system in the project but they have decided it will be too risky without the Malaysian government's financial support.

Malaysia and Singapore will also work on several initiatives that will build towards the JS-SEZ, including a one-stop business/investment service centre in Johor to facilitate the application processes for Singapore businesses to set up in Johor, adoption and implementation of a passport-free QR code clearance system on both sides, and the adoption of digitised processes for cargo clearance at the land checkpoints.

By integrating Finology’s Loanplus Home into IFCA’s ERP workflow, developers will be able to seamlessly see qualifying loan options and request pre-approval from within the PropertyX platform itself.

In a filing to Bursa Malaysia, Ireka said it has received the winding-up petition on Jan 8 served by AmBank via its solicitors, Messrs Heiley Hassan, Tan & Partners.

This is the second contract Nestcon has secured so far in 2024.

The plot forms part of the Penang Times Square development, and will be used to develop a multi-storey residential project.

“People in the Klang Valley are becoming more receptive to high-rise living due to land scarcity and affordability.