Vincent Tan continues to trim stake in Berjaya Land
KUALA LUMPUR (April 17): Berjaya Corp Bhd boss Tan Sri Vincent Tan (pictured) has continued to trim his stake in Berjaya Land Bhd (BLand).
Capitaland Trust's 1Q net property income shrinks on lower revenue
KUALA LUMPUR (April 16): Capitaland Malaysia Mall Trust (CMMT) saw its net property income (NPI) for the first quarter ended March 31, 2021 (1QFY21) drop 26.
Malaysia's Covid-19 cases jump to 2,551, Sarawak again leads with 960 infections
KUALA LUMPUR (April 16): Malaysia’s new Covid-19 cases jumped to 2,551, from 2,148 yesterday, with Sarawak once again accounting for the most cases at 960.
Guocoland to launch new lakefront condo tower at Emerald Hills in Cheras
PETALING JAYA (April 16): Guocoland (Malaysia) Bhd will launch Block C of the North Tower Condominiums in its township of Emerald Hills in Alam Damai, Cheras, on April 17.
Paramount ventures into P2P financing platform
PETALING JAYA (April 15): Paramount Corp Bhd is investing in a peer-to-peer (P2P) financing platform by acquiring a 30% stake in Omegaxis Sdn Bhd for RM13.
Knight Frank: Asia to see fastest growth of ultra-high-net-worth individuals
KUALA LUMPUR (April 16): Based on its Wealth Sizing Model survey, Knight Frank predicts that the global population of ultra-high-net-worth individuals (UHNWIs) will grow over the next five years with Asia emerging to see the fastest growth by 39%, compared to the global average of 27%.
Malayan Cement to raise RM227m via private placement to repay debts and fund working capital
KUALA LUMPUR (April 16): Malayan Cement Bhd plans to raise RM226.
UEM Edgenta unit faces lawsuit over alleged failure to complete MRT2 sub-contract
KUALA LUMPUR (April 16): UEM Edgenta Bhd's subsidiary Edgenta Propel Bhd (EPB) is being sued for allegedly failing to complete a RM87 million sub-contract under the Klang Valley Mass Rapid Transit's Putrajaya Line (MRT2) project.
NWP shareholders seek EGM on May 19 to replace directors
KUALA LUMPUR (April 16): Timber products manufacturer NWP Holdings Bhd has received a formal demand from two of its shareholders to call for an extraordinary general meeting on May 19 to move resolutions for the removal of several directors and the appointment of new board members.
Hearing of Najib's bid to get Goldman Sachs documents, items fixed for May 31
KUALA LUMPUR (April 16): The High Court has fixed May 31 to hear former premier Datuk Seri Najib Razak's application to compel the prosecution to supply documents in relation to his discovery application on Goldman Sachs-related matters and items in his 1Malaysia Development Bhd-Tanore trial.
