Protasco posts 3Q net profit, declares 0.6 sen dividend
KUALA LUMPUR (Nov 27): Protasco Bhd posted a net profit of RM959,000 for the third quarter ended Sept 30, 2019 (3QFY19), from a net loss of RM801,000 last year.
Salwani did not breach any code of conduct, says Ambrin
KUALA LUMPUR (Nov 27): National Audit Department (NAD) director Nor Salwani Muhammad did not breach any code of conduct by recording the fateful Feb 24, 2016 meeting between top government officials, former Auditor-General Tan Sri Ambrin Buang told the High Court today.
Poverty can be eradicated, but we need to be Malaysians first: Daim
KUALA LUMPUR (Nov 27): Poverty in the country can be eradicated, but the people need to “think that they are Malaysians first” and not place too much importance on race, says former finance minister Tun Dr Daim Zainuddin.
Jho Low's attendance in 1MDB board meeting in question due to contradicting minutes
KUALA LUMPUR (Nov 27): The attendance of fugitive businessman Low Taek Jho, better known as Jho Low, at a 1Malaysia Development Bhd (1MDB) board meeting on Sept 26, 2009 came into question when the then auditor-general (AG) found contradicting meeting minutes from the strategic investment fund.
AME Elite 2Q net profit doubles on new industrial space boost
KUALA LUMPUR (Nov 27): Integrated industrial space solutions provider AME Elite Consortium Bhd's net profit for the second quarter ended Sept 30, 2019 doubled to RM20.
Pavilion Bukit Jalil mall secures 1m sq ft of confirmed tenants: Report
KUALA LUMPUR (Nov 27): The upcoming Pavilion Bukit Jalil shopping mall has secured one million sq ft of confirmed tenants, reported The Star yesterday.
Extension of time: Federal Court decision to have major implications for property segment
KUALA LUMPUR: Without a doubt, the Federal Court’s “landmark” ruling that the housing controller has no power to grant an extension of time (EOT) to developers to complete their development projects would have “major implications” for the property development industry.
Ambrin agreed to amend 1MDB audit report because Najib promised thorough probe into fund
KUALA LUMPUR (Nov 27): Former auditor-general (AG) Tan Sri Ambrin Buang told the High Court that he agreed to amend the audit report on 1Malaysia Development Bhd (1MDB) on former Prime Minister (PM) Datuk Seri Najib Razak's instruction, because the latter had promised him a thorough probe into 1MDB.
Ex-company director denies lying over alleged bribe paid to Isa
KUALA LUMPUR (Nov 27): Former company director Ikhwan Zaidel yesterday denied lying to the court over the alleged payment of a RM3.
Ekovest enters strategic collaboration with CREC, posts 44% jump in 1Q profit
KUALA LUMPUR (Nov 27): Ekovest Bhd, whose first quarter net profit jumped 44% on-year, says today it has entered into a "multi-angle, broad-based strategic collaboration" with China's state-owned conglomerate, China Railway Group Ltd (CREC), that aims to explore new ventures and projects like the construction and development of infrastructure in Malaysia and the Asia Pacific.
