Rise in minimum wage seen too sudden, too soon

KUALA LUMPUR (Nov 4): Employers say they have been caught by surprise by the government’s recent announcement that the minimum wage in major cities will be raised to RM1,200 from RM1,100 currently, given that a revision was just made at the start of the year.

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Boardroom changes in Majuperak

KUALA LUMPUR (Nov 1): Majuperak Holdings Bhd has appointed Nizran Noordin — a former private secretary to the Perak chief minister — group chief executive officer with effect from tomorrow, in a boardroom reshuffle.

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Gamuda, MoF Inc extend highway takeover details for another two months

KUALA LUMPUR (Nov 1): The details of the proposed acquisition of four Gamuda Bhd toll concessionaires, which were supposed to be finalised yesterday between the company and the government, has been extended for another two months, with the latest completion date set no later than March 31 next year, according to the company.

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