Plenitude unit to invest RM83.3 mil in South Korean hotel
KUALA LUMPUR (April 24): Property developer Plenitude Bhd is investing in a hotel in South Korea for RM83.
S P Setia and Maybank extend rent-to-own scheme to newly-launched homes
SETIA ALAM (April 24): S P Setia Bhd and Maybank are partnering for the second year to offer Setia FlexKey, an enhanced HouzKEY financing scheme by Maybank.
FGV, Tabung Haji mull up to US$1b Indonesia sale
KUALA LUMPUR (April 24): FGV Holdings Bhd, the world’s third largest oil palm estate operator, and pilgrims fund Lembaga Tabung Haji are considering selling their plantation assets in Indonesia, in a bid to improve their financial positions, according to Bloomberg.
MRL rubbishes claims that CCCC can claim assets, minerals under ECRL project
KUALA LUMPUR (April 24): The project and asset owner of the East Coast Rail Link (ECRL) project, Malaysian Rail Link Sdn Bhd (MRL), has dismissed allegations that China Communications Construction Company Ltd (CCCC) will be able to state their claim on assets, minerals or objects of interest during the construction of the 640km railway.
Bombardier commits to RM700m local content use in fulfilling Kelana Jaya LRT contracts
KUALA LUMPUR (April 24): Bombardier Hartasuma Consortium, the train set supplier for Prasarana Malaysia Bhd's Kelana Jaya Line Light Rail Transit (LRT) has committed to maximise the use of local content to up to 35% in its delivery of 27 new train sets for the project.
SkyWorld acquires land from DBKL for RM176m development
KUALA LUMPUR (April 23): SkyWorld Development Group has purchased a 5.
Appeals court reserves judgment on Najib's bid to remove Sri Ram as prosecutor
PUTRAJAYA (April 23): The Court of Appeal has deferred its decision on Datuk Seri Najib Razak's (pictured) bid to disqualify former Federal Court judge Datuk Seri Gopal Sri Ram from leading the prosecution in his 1Malaysia Development Bhd (1MDB) case regarding 25 counts of money laundering and abuse of power involving RM2.
Taman Rimba Kiara’s changes only “nominal”, says Hannah Yeoh
KUALA LUMPUR (April 23): Hannah Yeoh has rejected the scaled-down version of the proposed Taman Rimba Kiara development, because “it only has ‘nominal’ changes”.
Concert, fireworks dazzle crowds at Gamuda Gardens’ experience gallery launch
SUNGAI BULOH (April 23): Gamuda Gardens celebrated the grand opening of its new 18,000 sq ft experience gallery last weekend with a star-studded concert by several Astro artistes and local born Taiwan based singer-songwriter Gary Chaw .
Guan Eng assures Putrajaya will honour all 1MDB debt papers
PUTRAJAYA (April 23): Finance Minister Lim Guan Eng has given his assurance today that the government will honour all 1Malaysia Development Bhd (1MDB)-related debt papers, especially those in the hands of statutory bodies like Employees Provident Fund (EPF) and Retirement Fund Inc (KWAP).
