Boustead Holdings 1Q in the red
KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a net loss of RM22.
Johor executive councillor denies he was given Country Garden unit
KUALA LUMPUR (May 30): Johor state executive councillor for Health, Culture and Heritage Mohd Khuzzan Abu Bakar has denied a report that he obtained a Country Garden Danga Bay condominium unit from a local businessman, reported the Malay Mail.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
IJM Corp rises 4.98% on firmer 4Q earnings, dividend
KUALA LUMPUR (May 30): IJM Corp Bhd shares rose 4.
IJM Corp 4Q profit jumps 13 times as infrastructure division returns to black
KUALA LUMPUR (May 30): IJM Corp Bhd closed its financial year 2019 with a 13 times jump in quarterly earnings on significantly stronger contributions in almost all divisions — in particular infrastructure — except investments and others.
Putrajaya to write off states’ RM3.8b water supply-related debts
PUTRAJAYA (May 28): The federal government is writing off a sum of RM3.
No decision yet on ECRL’s bumiputera quota
PUTRAJAYA (May 28): Prime Minister Tun Dr Mahathir Mohamad said the government had yet to decide on imposing a bumiputera quota on the civil works that are reserved for local contractors in the East Coast Rail Link (ECRL) project.
Sewage stench to be settled after 10 years’ tolerance
KLANG (May 24): After 10 years of putting up with the foul stench, the residents in Bandar Botanic and Ambang Botanic 1 can finally see some light at the end of the (sewage) tunnel.
As tourism drives out residents, George Town looks to co-living spaces
GEORGE TOWN (May 23): Increases in rent (of up to four times previous prices, or more) over the past five years, has decades-old businesses shutting up shop, and residents leaving George Town.
MPSP: Infrastructure development plan to be hastened
BUTTERWORTH (May 21): The Seberang Prai Municipal Council (MPSP) will speed up its infrastructure development plan following its upgrade to city council status.
