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"MACC will investigate whether there was existence of bribery element in the 100% shares disposal by Telekom Malaysia Bhd (TM) in Syarikat Menara KL Sdn Bhd to Hydroshoppe Sdn Bhd in October 2022.

The freehold land, measuring 4,987 sq m, has a double-storey detached factory erected on it, PTT Synergy said in a Bursa Malaysia filing.

In a statement filed with Bursa Malaysia on Thursday (Dec 29), TM clarified that KL Tower is owned by the government, while the operations and maintenance of the tower are granted under a concession.

On Dec 20, the Dewan Rakyat unanimously approved the 2023 Mini Budget and the Consolidated Fund (Accountable Expenditure) Bill 2022.

MARC noted Sime Darby Property recorded an average take-up rate of 92% as at Nov 6, 2022 for recent launches.

“We strongly support the calls made by other professional bodies to maintain the foreign worker management system under the Ministry of Human Resources as it will not only minimise bureaucratic red tape but also streamline the process within one ministry.

Economists believe the government is unlikely to slash subsidies abruptly in Malaysia, especially those regarding electricity and petrol.

DONE DEAL: Condominium, Sunway Palazzio, Taman Sri Hartamas, Kuala Lumpur DONE DEAL: Terraced house, Kuala Terengganu, Terengganu Located in the exclusive township of Bukit Bandaraya, Shah Alam, the exquisite landed property is surrounded with a myriad of flora and fauna as well as other amenities.

The agreement sets out the framework for negotiations and discussions between the parties to establish the detailed terms and conditions about the contractor's performance in design, engineering, procurement, manufacture, supply, construction, erection, testing and commissioning of the electric generation facility.

The JV company — known as JTN Logistics Park Sdn Bhd — will undertake the acquisition of the 300-acre land, plus the development and management of the industrial park.