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Sunway Bhd (Oct 15, RM1.

Malaysian Resources Corp Bhd (Oct 12, 72 sen) Maintain buy with a target price of 98 sen: Malaysian Resources Corp Bhd’s (MRCB) balance sheet is expected to improve further in second half of financial year 2018 (2HFY18) with earnings enhancement largely due to the disposal of land in Kia Peng, Kuala Lumpur, which is to be concluded in the third quarter of FY18, and significant deleveraging expected from the disposal of its two key non-core assets — the Eastern Dispersal Link (EDL) with an outstanding debt of RM1.

KUALA LUMPUR (Oct 15): A Chinese property developer was sentenced to at least two-and-a-half years jail time by an Australian court on Friday (Oct 12) for non-consensual intercourse with a woman after a dinner party in Sydney hosted by tycoon JD.

PETALING JAYA (Oct 15): Housing and Local Government minister Zuraida Kamaruddin said she is waiting for the developer of Forest City to brief her about their affordable housing plans that will purportedly cater to the needs and tastes of locals.

KUALA LUMPUR (Oct 15): Burgess, the world's No 1 superyacht brokerage house appointed as central agent to sell Jho Low's superyacht Equanimity (pictured), said the yacht is in good condition and taken care of by a professional crew.

Criticism has been directed at the government's cancellation and deferment of infrastructure projects that involve Chinese state-owned enterprises (SOEs), amidst fears of upsetting China, and discouraging investments from the world's second-largest economy.

Hollywood set designer Nelson Coates, who has worked on movies such as The Proposal, Flight and the latest Hollywood blockbuster Crazy Rich Asians, told Malaysian florist Eunice Teo that she was the best floral artist he had ever worked with.

KUALA LUMPUR (Oct 12): A privately-owned Chinese construction firm announced yesterday it is open to participate in “federal projects that will benefit the people”, as it plans to invest up to RM10 billion in Malaysia over the next decade.

KUALA LUMPUR (Oct 12): Cuscapi Bhd, which is currently operating from leased premises, is acquiring commercial space of Empire City in Damansara Perdana for RM20 million.

KUALA LUMPUR (Oct 11): Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali has confirmed that he is one of four ministers in a committee set up by the Cabinet to revisit the Mass Rapid Transit 2 (MRT2) underground contract.