Heavy gaming taxes force Genting boss to take 20% pay cut

KUALA LUMPUR (June 20): Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay (pictured) has reportedly announced he would take a 20% pay cut to offset the effect of heavy gaming taxes which have weighed on the group’s financial performance.

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RM800m worth of projects lined up in 2H — I-Bhd

KUALA LUMPUR (June 18): I-Bhd, which is likely to see contribution from its property development segment impacted this year as the property developer did not have any launches in 2018, has lined up property launches worth RM800 million in gross development value (GDV) over the next six months.

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