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KUALA LUMPUR (June 24): Scomi Group Bhd said today Scomi Transit Projects Sdn Bhd (STP) and Prasarana Malaysia Bhd (PMB) had signed an agreement involving the design, manufacture, completion and delivery of seven four-car vehicles for the KL Monorail for RM122 million on Friday (June 21).

JOHOR BAHRU (June 24): Country Garden Pacificview Sdn Bhd (CGPV) the developer of Forest City in Johor has handed over the Tanjung Adang Forest City Park to the Johor Islamic Religious Council (MAIJ) in a ceremony yesterday.

  KUALA LUMPUR (June 22): Earlier this week, Paramount Corp stated that it entered into a conditional share sales and purchase agreement with Character First Sdn Bhd and Two Horses for the disposal of majority stakes in three of its subsidiaries involved in pre-tertiary private education business.

KUALA LUMPUIR (June 20): The former caretakers of the Kuala Lumpur City Hall (DBKL)’s community and multipurpose halls have been found to be takers rather than carers.

KUALA LUMPUR (June 19): A witness from the Ministry of Finance (MoF) told the High Court here today that for the first time ever, the ministry had to prepare materials on a company to be included in a Cabinet memorandum concerning its application for a government guarantee.

KUALA LUMPUR (June 19): Kuala Lumpur City Hall (DBKL) officers have revealed that some caretakers of community halls are taking legal action against DBKL for being forced to return the premises to the council.

KUALA LUMPUR (June 18): The construction sector will likely have to brace for more downside moving forward apart from the rising building material costs, according to TA Securities.

  Eco World Development Group Bhd (June 17, 87.

KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).

KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.