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KUALA LUMPUR (Aug 20): Beijing Urban Construction Group (BUCG) supposedly had an advantage over other bidders in tendering for the Penang undersea tunnel project as it participated in several state government meetings, over a year before the project was eventually awarded to it, the Sessions Court heard today.

PENANG (Aug 20): Property developer Iconic Worldwide Bhd, a Bursa Malaysia listed company which is also involved in tourism and manufacturing of personal protective equipment (PPE) business, said it  has expanded its PPE products to include in-vitro diagnostic medical devices (IVD) and copper oxide face masks.

KUALA LUMPUR (Aug 20): Datuk Lai Voon Hon (pictured) has resigned as Ireka Corp Bhd chairman effective yesterday, after holding the post for just one and a half months.

The collection of booking fees by developers is a common practice in Malaysia during property transactions, but many might not be aware that it is actually prohibited under the Housing Development (Control and Licensing) Regulations 1989 (HDR).

Listed at a price of US$15.

KUALA LUMPUR (Aug 20): A third dose of Covid-19 vaccine, given at an interval of six months after the second dose, can lead to a strong boost in immune response, with an increase of three to five folds in neutralising antibody titers.

  Axis-REIT has completed four property acquisitions this year and is still on an active hunt for more to expand its portfolio.

KUALA LUMPUR (Aug 20): The percentage of fully vaccinated Klang Valley adult population has reached 76% as of yesterday (Aug 19).

KUALA LUMPUR (Aug 20): Avillion Bhd, which saw heavy trading of its shares this week, has notified that its managing director See Ah Sing has ceased to be a substantial shareholder of the group.

KUALA LUMPUR (Aug 19): Former 1Malaysia Development Bhd CEO Mohd Hazem Abdul Rahman (pictured) today denied that he failed to disclose to the company’s directors about a purported buyback agreement with a fake company to protect his salary and annual bonus amounting to RM2.