Tesco considers sale of Thai and Malaysian stores
PETALING JAYA (Dec 9): Britain's biggest retailer Tesco is reviewing its businesses in Thailand and Malaysia after being approached by an unnamed buyer, Reuters reported on Sunday.
CCC-ECRL to ramp up construction work in 1st quarter
KUANTAN (Dec 9): Construction activities for the 640km East Coast Rail Link (ECRL), which passes through five states, will be ramped up soon in Pahang.
TNB to cut non-household ICPT surcharge to two sen per kWh for Jan-June 2020
KUALA LUMPUR (Dec 7): Tenaga Nasional Bhd (TNB) is reducing the imbalance cost pass-through (ICPT) surcharge for non-households for the January-July period of 2020.
Some construction players bid below cost to survive — Gamuda
KUALA LUMPUR (Dec 6): It is no secret that the Malaysian construction market has slowed down markedly since the 14th general election in May last year, but the situation is so dire that certain contractors are putting in below cost bids just to keep their staff employed.
Developer urged to change plans for one-way street in Taman Wahyu into two-way
PETALING JAYA (Dec 5): Residents of Taman Wahyu in Kepong, Kuala Lumpur are urging a developer currently building a condominium in the area to build a two-way road instead of the proposed one-way road, the Star reported today.
Najib: I did not micromanage MoF Inc companies
KUALA LUMPUR (Dec 5): Former prime minister Datuk Seri Najib Abdul Razak has denied micromanaging companies that belong to the Minister of Finance Inc (MoF Inc) — including SRC International Sdn Bhd — by giving instructions to their board of directors.
Najib: Saudi king donated US$800m to prevent Arab Spring spread into Malaysia
KUALA LUMPUR (Dec 4): Former prime minister Datuk Seri Najib Abdul Razak today claimed that the US$800 million donation he personally received from Saudi ruler King Abdullah ibn Abdul Aziz Al-Saud was to prevent the spread of the Arab Spring's ill effects into Malaysia.
Ibraco declares 1 sen dividend
KUALA LUMPUR (Dec 4): Ibraco Bhd has declared an interim single dividend of 1 sen per share in respect of the financial year ending Dec 31, 2019 (FY19), payable on Dec 30, 2019.
Najib schools 'office boy' Husni, says his former deputy intent on tarnishing him
KUALA LUMPUR (Dec 4): Former Finance Minister II Datuk Seri Ahmad Husni Hanadzlah was intent on tarnishing Datuk Seri Najib Abdul Razak's reputation on the witness stand, as he harbours revenge against the former premier.
Najib: Nik Faisal toyed with me and SRC board
KUALA LUMPUR (Dec 4): Former Prime Minister Datuk Seri Najib Abdul Razak said Nik Faisal Ariff Kamil, the former managing director and chief executive officer (CEO) of SRC International Sdn Bhd, had toyed with him and the company's board of directors.
