Ikhmas Jaya unit served winding-up petition by ready-mixed concrete supplier
KUALA LUMPUR (March 5): Ikhmas Jaya Bhd said its wholly-owned subsidiary has been served a winding-up petition by Ready Mix Concrete Consortium (TRG) Sdn Bhd (RMCC).
Ku Nan denies forging receipt to mask RM2m bribe as donation after MACC arrest
KUALA LUMPUR (March 5): Umno treasurer Datuk Seri Tengku Adnan Tengku Mansor (pictured) has denied the prosecution’s claims that he had forged a receipt to disguise the RM2 million bribe he allegedly received from a property developer as a political donation to his party.
1 Utama Shopping Centre's footfalls unaffected by COVID-19 outbreak
PETALING JAYA (March 5): The footfalls at 1 Utama Shopping Centre in Bandar Utama, PJ has not been affected by the COVID-19 outbreak, according to 1 Utama Director Tan Sri Teo Chiang Kok.
RM2m is just like pocket money: Ku Nan
KUALA LUMPUR (March 5): Two million ringgit was not a big deal for Datuk Seri Tengku Adnan Tengku Mansor because to him it was like “pocket money”, he told the High Court today.
SEMICON Southeast Asia 2020 postponed to August
KUALA LUMPUR (March 5): US-based Semiconductor Equipment & Materials International (SEMI) is postponing SEMICON Southeast Asia 2020, the region’s premier event for the global electronics manufacturing supply chain, from May 12-14, 2020 to Aug 11-13, 2020.
Forbes: Wealth of Malaysian tycoons falls for second year in a row
KUALA LUMPUR (March 5): Forbes Asia said the wealth of Malaysia’s 50 richest on the 2020 Forbes Malaysia Rich List fell for the second consecutive year amid a weaker ringgit and the decline in the FBM KLCI.
1H20 a subdued period for construction sector amid political uncertainties
KUALA LUMPUR (March 5): The recent political developments that led to the change in government have dimmed the bright spots for the construction sector, said CGS-CIMB Research, given concerns over the implementation of new infrastructure projects that have been planned by the preceding government under Tun Dr Mahathir Mohamad.
Another OPR cut likely, say economists
KUALA LUMPUR (March 5): Economists are not discounting another cut in Bank Negara Malaysia’s (BNM) key interest rate down the road, amid the various internal and external headwinds from the COVID-19 outbreak to weak global trade.
Three COVID-19 cases found at SJMC
KUALA LUMPUR (March 5): Ramsay Sime Darby Health Care (RSDH) says three COVID-19 cases were discovered at its Subang Jaya Medical Centre (SJMC) in Subang Jaya, Selangor.
COVID-19: Autogates shut down at all entry points into Malaysia
KUALA LUMPUR (March 4): The Immigration Department announced today that it has shut down the operations of all auto-gates at all entry points into the country effective immediately, as a measure to contain the spread of COVID-19.
