Amcorp Properties JV to buy Shanghai office blocks for RM865m
KUALA LUMPUR (Aug 7): Amcorp Properties Bhd's (AMPROP) indirect wholly-owned subsidiary Amcorp Dynamic Ltd will acquire a 40% stake in Daning Partners Ltd for US$22.
REHDA Johor urges govt to work with developers to catalyse housing market
JOHOR BAHRU (Aug 6): Putrajaya has to review the current housing policies and take a holistic approach in handling housing issues in the state, the Real Estate and Housing Developers Association Malaysia Johor Branch (REHDA Johor) said today.
Najib was autocratic when it came to 1MDB and SRC, says Husni
KUALA LUMPUR (Aug 6): Former second finance minister Datuk Seri Ahmad Husni Hanadzlah (pictured) today described former premier Datuk Seri Najib Razak as an autocratic person in his dealings with 1Malaysia Development Bhd (1MDB) and former 1MDB subsidiary SRC International Sdn Bhd.
Works Minister seeks budget allocation to encourage BIM adoption
KUALA LUMPUR (Aug 6): The Construction Industry Development Board (CIDB) Malaysia hopes there will be allocation under Budget 2020 for incentives to encourage the construction industry to adopt Building Information Modelling (BIM).
Shafee: Husni's testimony 'almost like a gun being held to his head'
KUALA LUMPUR (Aug 6): Tan Sri Muhammad Shafee Abdullah, the lead counsel for Datuk Seri Najib Razak in the SRC International Sdn Bhd trial, expressed frustration with former Minister of Finance II Datuk Seri Ahmad Husni Mohamad Hanadzlah's testimony today.
Masteel's standalone credit profile vulnerable on steel prices fluctuations, MARC says
KUALA LUMPUR (Aug 6): Malaysia Steel Works (KL) Bhd's (Masteel) standalone credit profile remains vulnerable to fluctuations in steel price, fluctuating cost of raw materials and increased competitive pressures in the Malaysian market, according to Malaysian Rating Corp Bhd (MARC).
1MDB asset forfeiture: Two entities not objecting to third-party notice gazette
KUALA LUMPUR (Aug 6): Yayasan Penyelidikan Transformasi and K&Z Enterprise Sdn Bhd indicated to the High Court here today that they will not object to the gazette of third-party notice for forfeiture sought by the Malaysian Anti-Corruption Commission (MACC) over assets purportedly from 1Malaysia Development Bhd (1MDB).
Najib referred to as 'Optimus Prime', High Court told
KUALA LUMPUR (Aug 6): Low Taek Jho had referred to former prime minister Datuk Seri Najib Razak as "Optimus Prime" — the ultimate leader for Autobots, the main protagonists of the animated alien robot series Transformers, the High Court was told today.
Case management for FGV's suit against Isa Samad, Emir Mavani fixed for Sept 6
KUALA LUMPUR (Aug 6): The High Court has fixed Sept 6 as the next case management date for FGV Holdings Bhd's case against its former chairman Tan Sri Mohd Isa Abdul Samad and former president and group chief executive officer Datuk Mohd Emir Mavani Abdullah.
MGB falls 4.35% on JV to develop Cameron Highlands land
KUALA LUMPUR (Aug 6): MGB Bhd shares fell 4.
