SEGi to lease Subang Jaya space from HCK in related party deal
KUALA LUMPUR (July 8): SEG International Bhd (SEGi) said it has agreed to lease space in HCK Capital Bhd's upcoming project in Subang Jaya for the expansion of SEGi College Subang Jaya.
Mat Sabu's former political aide remanded over RM56m graft case
KUALA LUMPUR (July 8): An ex-political aide of former Defence Minister Mohamad Sabu has been remanded for six days over a graft case involving a project in the Ministry of Defence worth RM56 million, according to a source who is familiar with the matter.
Gagasan Nadi Cergas undertakes record RM777m construction job for Selangor’s Rumah Idaman project
KUALA LUMPUR (July 8): Construction group Gagasan Nadi Cergas Bhd announced today that it will lead the construction of 4,319 units of affordable homes under the Rumah Idaman programme by the Selangor state government worth RM777 million.
Covid-19: Malaysia reports three new imported cases today, with five recoveries and no death
KUALA LUMPUR (July 8): The Ministry of Health (MoH) reported three new Covid-19 cases today, all imported, bringing the country's total confirmed cases to 8,677.
Education ministry: Schools reopen, but parents can choose to keep kids home if they are worried
PETALING JAYA (July 8): Parents can choose to keep their children at home if they are worried for their health, the Education Ministry clarified today.
Affin Hwang remains neutral on MREITs despite OPR cut to 1.75%
KUALA LUMPUR (July 8): Affin Hwang Capital Research has maintained its "neutral" rating for Malaysian real estate investment trusts (MREITs) with a 5% distribution yield at the end of 2021 after Bank Negara Malaysia (BNM) cut its overnight policy rate (OPR), for the fourth time this year, by 25 basis points (bps) to 1.
BNM rate cut hints of a higher vulnerability
KUALA LUMPUR (July 8): Bank Negara Malaysia (BNM) has cut the overnight policy rate (OPR) by 25 basis points (bps) to the lowest-ever level of 1.
BNM may cut OPR by another 25bps to 1.50% as early as September — HLIB
KUALA LUMPUR (July 8): Hong Leong Investment Bank Research (HLIB) is not discounting the possibility that Bank Negara Malaysia (BNM) will cut the overnight policy rate (OPR) by another 25 basis points (bps) to 1.
Badminton star Lin Dan's affair with model Zhao becomes 'trending topic' again
KUALA LUMPUR (July 8): Lin Dan’s (pictured) affair with model-actress Zhao Yaqi suddenly became a “trending topic” again as the badminton star and Olympic gold medallist announced his retirement a few days ago.
Covid-19: Hong Kong confronts third wave of infections
KUALA LUMPUR (July 8): Hong Kong is “battling” a fresh series Covid-19 infections as reports reveal that the city recorded 14 new cases yesterday.
