Bursa chief sees ECRL, Bandar Malaysia as market catalysts

  KUALA LUMPUR (April 30): Recent announcements such as the East Coast Rail Link (ECRL) and Bandar Malaysia projects’ revival will serve as a catalyst that will stimulate the broader equity market, said Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift.

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SD Plantation claims palace was used in Merlimau land deal

KUALA LUMPUR (April 30): Sime Darby Plantation Bhd (SDP) has filed a judicial review application to stop the compulsory acquisition of its 75ha land in Merlimau, Melaka, by a Taiwan-controlled company that claimed it was acting in the interest of the former Yang di-Pertuan Agong, Sultan Muhammad V, to compel it to sell the land at a below market value price of RM35.

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MMC confirms termination of PDP role for Pan Borneo Sabah

KUALA LUMPUR (April 29): MMC Corp Bhd announced today that the Borneo Highway PDP Sdn Bhd (BHP) had on April 22 received a notification from the government to terminate the project delivery partner (PDP) agreement for the Sabah portion of the Pan Borneo Highway.

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Elmina Valley Five homes 90% taken-up

PETALING JAYA (April 29): Sime Darby Property’s Elmina Valley Five (EV5), the latest in its Elmina Valley (EV) series (pictured) at Elmina City township, has seen a total take-up of 90% since the launch of EV5's first phase on March 23 weekend and second phase on April 27.

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A better understanding between old friends

BEIJING (April 29): Tun Dr Mahathir Mohamad had to wrap himself up in a long coat with a scarf pulled tight around his neck to keep warm when he arrived last Wednesday night to a rainy and chilly Beijing — with the temperature hitting the low teens in Celcius — despite it being the middle of spring in the Chinese capital city.

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