Boustead Holdings 1Q in the red
KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a net loss of RM22.
Retail fuel prices to be kept unchanged from June 1 till June 14
KUALA LUMPUR (May 31): The Ministry of Finance announced today that retail fuel prices will stay unchanged in the upcoming fortnight, from June 1 till June 14, in conjunction with the Hari Raya Aidilfitri celebrations.
Human Rights Watch: Jho Low happy to benefit from human rights abuses when it suited his personal interests
The Human Rights Watch (HRW) has said that it is hypocritical for Low to denounce Mahathir for human rights abuses when Low was more than happy to benefit from human rights abuses when it suited his personal interests.
EPF records lower income of RM9.66b for 1Q19
KUALA LUMPUR (May 31): The Employees Provident Fund's (EPF) investment income for the first quarter ended March 31, 2019 (1Q19) dipped to RM9.
Jho Low — Family home seizure a low blow
KUALA LUMPUR (May 31): Fugitive businessman Low Taek Jho, more popularly known as Jho Low, disseminated this open letter to the media through his public relations firm after the High Court ruled that parties claiming to have interest in any of the RM31 million worth of 1Malaysia Development Bhd (1MDB)-related assets which were seized by the government, have until Aug 30 to challenge the assets forfeiture.
Property Management: Ask the experts — sinking fund
Q: What is the function of a sinking fund? Is there any guideline on how much a home owner should be charged? The Strata Management Act 2013 requires every parcel owner to contribute to the sinking fund every month.
S P Setia records 11th Gold win at FIABCI Prix d’Excellence Awards 2019
MOSCOW (May 31): S P Setia Bhd has bagged its 11th Gold of the FIABCI World Prix D’Excellence Awards 2019, held in Moscow, Russia on Thursday evening.
Johor executive councillor denies he was given Country Garden unit
KUALA LUMPUR (May 30): Johor state executive councillor for Health, Culture and Heritage Mohd Khuzzan Abu Bakar has denied a report that he obtained a Country Garden Danga Bay condominium unit from a local businessman, reported the Malay Mail.
Aug 30 deadline to challenge Malaysia's RM31m 1MDB asset seizure
KUALA LUMPUR (May 30): Those who claim to have interest in any of the RM31 million worth of 1Malaysia Development Bhd (1MDB)-related assets which were seized by the government, have until this Aug 30 to challenge the assets’ forfeiture, High Court Judge Justice Mohamed Zaini Mazlan ruled today.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
