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Construction sector Maintain market weight: The New Straits Times has reported that the government is planning to acquire 15 highways nationwide for RM43 billion via issuing debt to the concessionaires.

KUALA LUMPUR (Aug 21): KLCCP Stapled Group, comprising KLCC Property Holdings Bhd and KLCC Real Estate Investment Trust (KLCC REIT), recorded a relatively flat net profit for the second quarter ended June 30, 2019 (2QFY19) of RM180.

KUALA LUMPUR (Aug 21): A high-level meeting of government officials is believed to take place as soon as tomorrow to map out the plan on the highway concessions in the country moving forward.

KUALA LUMPUR (Aug 21): The MCA clarified yesterday that it has no immediate plans to demolish and rebuild its headquarters (HQ) at Wisma MCA, Jalan Ampang here, though it admitted it had sought a development order (DO) to secure a higher commercial plot ratio for the site for future development.

KUALA LUMPUR (Aug 20): An exposé article from Sarawak Report dated July 2, 2015 led the Malaysian Anti-Corruption Commission (MACC) to commence investigations on SRC International Sdn Bhd, MACC investigating officer (IO) Senior Assistant Commissioner Rosli Hussain (pictured) told the High Court here today.

PUTRAJAYA (Aug 20): The government has submitted that the High Court was right in excluding it as a defendant in a civil suit over the murder of Mongolian Altantuya Shaariibuu (pictured), although two policemen were found guilty of the crime in a criminal case earlier.

KUALA LUMPUR (Aug 20): Singapore’s owner-operator of purpose-built workers accommodation (PBWA) Centurion Corp Ltd is expanding in Malaysia, which will include a new asset in Johor that offers 3,600 beds by next year.

KUALA LUMPUR (Aug 20): Financially stressed Utusan Melayu (M) Bhd is facing an uphill task finding a white knight to salvage the newspaper group, with total debts of RM139.

Magna Prima Bhd (Aug 19, RM1.

KUALA LUMPUR (Aug 20): Goldman Sachs is holding a watching brief in the trial on former prime minister Datuk Seri Najib Razak’s alleged money laundering of RM2.