Gaming tycoon Chen Lip Keong to take Karambunai private
KUALA LUMPUR: Karambunai Corp Bhd’s largest shareholder Tan Sri Dr Chen Lip Keong, with a 73.
UEM Sunrise says it did not make or receive any corporate proposal for EcoWorld
KUALA LUMPUR (Sept 24): UEM Sunrise Bhd has said it continuously explores strategic business opportunities that can deliver stakeholder and shareholder returns.
Minority shareholders block Lafarge Malaysia’s RM3.5b RPTs with YTL
KUALA LUMPUR (Sept 24): Lafarge Malaysia Bhd’s (LMB) minority shareholders voted down a resolution that would have allowed the group to undertake recurrent related party transactions (RPTs) worth an aggregate RM3.
China’s CPCG leads consortium to invest RM3b in Terengganu
KUALA LUMPUR (Sept 24): Chinese integrated construction company Pacific Construction Group Ltd (CPCG) is leading a consortium of investors to invest some RM3 billion in Terengganu for, among others, an industrial park, a free trade zone and affordable housing.
Country Garden: Majority of Aradia units sold during weekend launch
PETALING JAYA (Sept 23): The first phase project of Lake City, developed by Country Garden Malaysia, have seen a majority of the units sold during the launch on Sept 21 and 22, 2019.
KPKT: RM10b worth of properties sold under HOC
KUALA LUMPUR (Sept 23): The Home Ownership Campaign (HOC), which started in January this year, has secured bookings for houses worth RM10 billion, said the Housing and Local Government (KPKT) Minister Zuraida Kamaruddin.
High Court dismisses application to delay Isa Samad's graft trial
KUALA LUMPUR (Sept 23): The criminal breach of trust and graft trial involving former Federal Land Development Authority (Felda) chairman Tan Sri Mohd Isa Abdul Samad (pictured) at the High Court here will proceed as scheduled, beginning Oct 7.
Sales of new and secondary homes improved, market outlook remains resilient: Napic
KAJANG (Sept 23): Property market transactions for 1H2019 have rebounded for the first time since the market dipped in 1H2015, the improved sales performance also signaling a resilient market outlook, according to data from National Property Information Centre (Napic).
Najib gave Jho Low mandate to arrange TIA and 1MDB operations — ex-CEO Shahrol
KUALA LUMPUR (Sept 23): Former Terengganu Investment Authority (TIA) and later its federalised incarnation 1Malaysia Development Bhd (1MDB) chief executive officer (CEO) Datuk Shahrol Azral Ibrahim Halmi described former premier Datuk Seri Najib Razak as being so close with fugitive businessman Low Taek Jho — better known as Jho Low — that he gave the Penang-born financier the mandate to plan and arrange the operations of the two entities.
Riza Aziz fails in bid to transfer 1MDB money laundering case to High Court
KUALA LUMPUR (Sept 23): The trial involving Riza Shahriz Abdul Aziz, the stepson of former Prime Minister Datuk Seri Najib Razak, for five money laundering charges involving US$248.
