News about co

KUALA LUMPUR (Oct 30): Mudajaya Corp Bhd has been granted a Worldwide Mareva Injunction up to the value of RM49.

KUALA LUMPUR (Oct 30): Guocoland (Malaysia) Bhd, the property development arm of Hong Leong Group, reported a widened net loss of RM10 million for the first quarter ended Sept 30, 2019 (1QFY20) versus its net loss of RM1.

KUALA LUMPUR (Oct 30): Malaysia Airlines Bhd (MAB) has inked a wide-ranging commercial agreement with Singapore Airlines (SIA) to share revenue on flights between Singapore and Malaysia, expand codeshare routes and participate in joint marketing activities to develop tourism.

PETALING JAYA (Oct 30): The government has no plans to integrate the Malaysia My Second Home (MM2H) programme with the Home Ownership Campaign (HOC) as the two schemes have different objectives, said the Housing and Local Government (KPKT) Minister Zuraida Kamaruddin.

PETALING JAYA: A property developer said the government should address the issue of affordable housing by driving the construction of housing and renting out of units, Free Malaysia Today (FMT) reported today.

KUALA LUMPUR (Oct 30): Compulsory acquisition cannot be applied to Kampung Baru land, said Opposition Leader Ismail Sabri Yaakob, based on the Land Acquisition Act.

PETALING JAYA (Oct 30): The Institute for Democracy and Economic Affairs (IDEAS) has suggested to developers that they can try renting out unsold homes since there is a property overhang situation, reported Free Malaysia Today (FMT).

Sold for: RM8.

PETALING JAYA (Oct 30): Oriental Fastech Manufacturing Sdn Bhd (OFM) yesterday accepted the letter of offer to acquire Penang Science Park from Penang Development Corp (PDC) for RM24.

KUALA LUMPUR (Oct 30): The government will have to forked out RM13.