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.
MoF seeks return of full RM250m loan to National Feedlot Corp, refers case to A-G's Chambers
KUALA LUMPUR (May 20): The Ministry of Finance is now seeking a full repayment of the RM250 million loan it extended to the National Feedlot Corp Sdn Bhd (NFCorp) in 2008, after the latter defaulted on the repayment of the loan.
C4 to present corruption findings on Taman Rimba Kiara to FT minister
PETALING JAYA (May 20): The Centre to Combat Corruption and Cronyism (C4), a graft watchdog is reportedly looking to submit findings on alleged corruption in the Taman Rimba Kiara redevelopment project to Federal Territories Minister Khalid Samad.
EcoFirst calls off Penang developer acquisition
KUALA LUMPUR (May 17): EcoFirst Consolidated Bhd announced today that it has called off plans to acquire a 70% stake in private property development firm Geo Valley Sdn Bhd for RM44 million cash.
Tropicana 1Q profit flat despite lower revenue
KUALA LUMPUR (May 17): Lower sales dragged Tropicana Corp Bhd’s first-quarter (1Q) revenue down by 53.
Securities Commission announces property crowdfunding framework
KUALA LUMPUR (May 17): Securities Commission (SC) Malaysia has today released its new property crowdfunding framework and welcomed interested parties to submit their applications to operate property crowdfunding platforms.
Defence Ministry to lodge MACC report on remaining 14 land-swap projects
KUALA LUMPUR (May 16): The Defence Ministry said today it will lodge a report with the Malaysian Anti-Corruption Commission (MACC) on the remaining 14 land-swap projects involving tracts owned by the ministry.
Mida sets up dedicated team to promote development along ECRL project
KUALA LUMPUR (May 16): The Malaysian Investment Development Authority (Mida) has established a dedicated team to promote the development of industrial parks, infrastructure, logistics hub and transit-oriented developments along the East Coast Rail Link (ECRL) project.
Ministers may soon add anti-corruption measures to their KPIs
KUALA LUMPUR (May 14): Ministers may soon be required to include safeguards against corruption within their ministries as part of their key performance indicators (KPIs).
