Fajarbaru bags RM297.5m contract from Malton
KUALA LUMPUR (June 25): Fajarbaru Builder Group Bhd has secured a RM297.
‘I didn’t say I will stay on for three years’
KUALA LUMPUR (June 25): Prime Minister Tun Dr Mahathir Mohamad has denied saying he would hand over the premiership to PKR president Datuk Seri Anwar Ibrahim after serving for three years.
Gamuda hints at special dividend amid concerns over earnings vacuum
KUALA LUMPUR (June 25): Gamuda Bhd’s share price slid 26 sen or 6.
Battersea Power Station achieves £120m in sales within 12 months
LONDON (June 24): Despite the challenging market and amidst negative news about Brexit, the Battersea Power Station development in London continues to attract domestic and foreign buyers as its residential projects have achieved about £120 million (RM634 million) in sales over the past 12 months.
Sept 30 set for ex-1MDB banker Goldman Sachs mention of summons
KUALA LUMPUR (June 24): Lawyers appearing for Goldman Sachs International, which is facing four summonses by the prosecution for capital market offences, have sought further time to study the summons served against the multinational investment bank and financial services company.
Gains from US-China trade diversion only for short term, says IMF's Lagarde
KUALA LUMPUR (June 24): The trade diversion benefits caused by the ongoing US-China dispute may not necessarily translate into longer term developments that can contribute to the economy, says International Monetary Fund (IMF) managing director Christine Lagarde.
Lynas plans to remove radioactive material from its rare earths before shipping them to Malaysia
KUALA LUMPUR (June 24): Rare earths producer Lynas Corp says today that it is committed to relocating the first stage processing of its rare earth – where the material is separated from the low level, naturally occuring radioactive material (NORM) it is found with – to Australia over the next five years.
'Still quite challenging' for Malaysia to achieve 5% GDP growth in 2019 — SERC
KUALA LUMPUR (June 24): Local think tank Socio-Economic Research Centre (SERC) says it will be "still quite challenging" for Malaysia to achieve a gross domestic product (GDP) growth of 5% for the full year of 2019 due to the contraction in export and slowdown in private investment figures.
Country Garden hands over Tanjung Adang Forest City Park
JOHOR BAHRU (June 24): Country Garden Pacificview Sdn Bhd (CGPV) the developer of Forest City in Johor has handed over the Tanjung Adang Forest City Park to the Johor Islamic Religious Council (MAIJ) in a ceremony yesterday.
A different Gamuda after asset sale
KUALA LUMPUR: In just a year, Gamuda Bhd has divested its cash generative concession business, namely its 40% equity stake in water treatment firm Syarikat Pengeluar Air Sungai Selangor (SPLASH), and its intra-city toll highways in the Klang Valley.
