Gamuda, MMC shares rise on MoF nod to continue MRT2 underground portion
KUALA LUMPUR (Oct 26): Shares of Gamuda Bhd and MMC Corp Bhd rose to their highest level in two weeks, after it was announced that their joint-venture firm will remain as the contractor for the underground portion of the Sungai Buloh-Serdang-Putrajaya MRT line (MRT2) project.
Paramount proposes securitisation exercise
KUALA LUMPUR (Oct 26): Under a securitisation exercise to streamline group assets and achieve a more efficient capital structure, Paramount Corp Bhd has proposed to dispose of three of its tertiary education campuses to a special purpose vehicle for a combination of cash amounting to RM420 million and new cumulative redeemable non-convertible preference shares in the vehicle.
KPKT and MIPFM to discuss separate register for property and facility managers
KUALA LUMPUR (Oct 25): The Malaysian Institute of Property and Facility Managers (MIPFM) will be speaking with the Housing and Local Government Ministry about the possibility of setting up a separate board to register property, facility and strata managers.
Irwan Serigar arrives at MACC for questioning on 1MDB
PUTRAJAYA (Oct 24): Former treasury secretary general Tan Sri Mohd Irwan Serigar Abdullah has arrived at the Malaysian Anti-Corruption Commission (MACC) for questioning over dealings between troubled state-owned fund 1MDB and Abu Dhabi’s sovereign wealth fund International Petroleum Investment Co (IPIC).
Najib arrives at MACC HQ for questioning on 1MDB-IPIC deals
PUTRAJAYA (Oct 24): Former prime minister Datuk Seri Najib Razak has arrived at the Malaysian Anti-Corruption Commission (MACC) headquarters here for questioning over 1Malaysia Development Bhd's (1MDB) dealings with International Petroleum Investment Company (IPIC).
PAC summons Najib over missing GST refunds
KUALA LUMPUR (Oct 24): The Public Accounts Committee (PAC) has summoned former minister of finance Datuk Seri Najib Razak to a meeting today at the parliament to give statements regarding the allegedly missing RM19.