Sime Darby appoints Samsudin Osman as chairman
KUALA LUMPUR (July 16): Sime Darby Bhd has appointed its non-independent non-executive director Tan Sri Samsudin Osman (pictured) as chairman, effective immediately.
1MDB asset forfeiture: High Court issues temporary order to stop fund movement from Tarek Obaid, four others
KUALA LUMPUR (July 16): The High Court here had today issued an ad-interim (temporary) order barring Tarek Obaid, PetroSaudi Oil Services (Venezuela) Ltd and three others from moving US$340.
Report: Genting Singapore axes workers despite partial reopening
SINGAPORE (July 16): Two weeks after it was allowed to partially reopen, Resorts World Sentosa (RWS) (run by Genting Singapore) “axed an unconfirmed number of workers out of its total of 9,373 as at end of last year”, reported The Edge Singapore.
PM Muhyiddin: Five Cabinet ministers yet to declare assets
KUALA LUMPUR (July 16): Prime Minister Tan Sri Muhyiddin Yassin (pictured) said in Parliament here today five Cabinet ministers have yet to declare their assets, as outlined under Malaysia's National Anti-Corruption Plan (NACP).
JB-S'pore RTS bilateral deal in end-July a positive prelude to KL-S'pore HSR, says CGS-CIMB
KUALA LUMPUR (July 16): CGS-CIMB Research said the conclusion of the Johor Bahru-Singapore Rail Transit System (JB-Singapore RTS) bilateral agreement in end-July may be a prelude to a likely favourable outcome at the KL-Singapore High-Speed Rail's (HSR) end-2020 review deadline.
Court vacates Rosmah's trial as defence lawyer is unwell, to resume Aug 3
KUALA LUMPUR (July 16): The High Court allowed the vacating of Datin Seri Rosmah Mansor’s (pictured) solar graft trial today as the counsel for the defence is unwell.
Media Prima confirms Bangsar exit, to continue operating from three other locations
KUALA LUMPUR (July 16): Media Prima Bhd confirmed yesterday that it will vacate its premises in Bangsar, explaining that it is part of a plan to consolidate its operations into three locations from four at present.
DONE DEAL: Condominium unit, The Pearl, Jalan Stonor, Kuala Lumpur
Rented for: RM10,000 (RM2.
Econpile bags RM21.4m contract for Mont'Kiara condo
KUALA LUMPUR (July 16): Piling and foundation specialist Econpile Holdings Bhd has bagged a RM21.
MGB bags piling and building works worth RM215m
KUALA LUMPUR (July 16): Industrialised Building System (IBS) precast manufacturer MGB Bhd (formerly known as ML Global Bhd) has secured an RM215 million contract from its major shareholder LBS Bina Group Bhd's subsidiary to deliver the piling and building works for a housing development project in Kuala Selangor.
