Hua Yang dips 3.23% as 1Q earnings fall 45%

Jul 19

KUALA LUMPUR (July 19): Shares of property developer Hua Yang Bhd dipped 3.

MoF unit sounds warning on ECRL lay-offs

Jul 19

KUALA LUMPUR: A ministry of finance (MoF) unit has cautioned China Communications Construction (ECRL) Sdn Bhd (CCC-ECRL), the main contractor of the suspended East Coast Rail Link (ECRL) project, against its rapid lay-offs following the suspension.

Western Digital to close PJ plant after 20 years

Jul 18

KUALA LUMPUR (July 18): Western Digital Corp is reported to be shutting down its hard disk drive (HDD) manufacturing facility in Petaling Jaya, Selangor by the end of next year, after over 20 years in operation.

MACC raids companies linked to ECRL, other mega projects

Jul 18

PETALING JAYA (July 18): Two companies that had dealings with the East Coast Rail Line (ECRL), Multi-Product Pipeline (MPP) and Trans-Sabah Gas Pipeline (TSGP) were raided by the Malaysian Anti-Corruption Commission (MACC) this morning, sources told The Malaysian Insight.

48 of 64 DBKL plots cleared by MACC, says Kepong MP

Jul 18

KUALA LUMPUR (July 17): It started with 64 plots of land but the graft busters are now zeroing in their probe to 16 plots.

Spore-KL HSR's fate teeters on two-way meeting outcome led by Azmin by end July

Jul 18

KUALA LUMPUR (July 18): The fate of the RM110 billion Kuala Lumpur-Singapore High Speed Rail (HSR) project teeters on the outcome of a meeting led by Economic Affairs Minister Datuk Seri Azmin Ali with the island republic by the end of July.

Most developers would “love” to build affordable homes – with the right govt incentives, says LBS

Jul 18

GOMBAK (July 18): Contrary to popular belief, most developers would love to build affordable homes – with the right support and guidance from the government, said LBS Bina Group Bhd group managing director Tan Sri Lim Hock San.