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LBS Bina’s 1Q net profit more than doubles
PETALING JAYA (May 20): Property developer LBS Bina Group Bhd recorded a revenue of RM402.
SunCon's 1Q net profit rises 23.8% as revenue strengthens on higher progress billings
KUALA LUMPUR (May 20): Sunway Construction Group Bhd's (SunCon) net profit for the first quarter ended March 31, 2021 (1QFY21) rose 23.
Stricter SOPs instead of full lockdown, urges MBAM
PETALING JAYA (May 20): The construction industry has expressed its strong opposition to a lockdown like the first movement control order in March 2020, as "the Malaysian construction industry cannot afford another full lockdown,” said Master Builders Association Malaysia (MBAM).
Najib's lawyer: Jho Low is like an octopus with plenty of tentacles
KUALA LUMPUR (May 20): Former prime minister Datuk Seri Najib Razak's lawyer likened fugitive financier Low Taek Jho (Jho Low) (pictured) to "an octopus with plenty of tentacles" at the High Court today in seeking to highlight Low's elaborate plan to siphon off billions of dollars from 1Malaysia Development Bhd (1MDB).
Nestlé Malaysia moves HQ to 1 Powerhouse in Bandar Utama
KUALA LUMPUR (May 20): Nestlé (M) Bhd (Nestlé Malaysia) has moved its corporate headquarters to 1 Powerhouse, Bandar Utama from Surian Tower in Mutiara Damansara.
FMM calls for stricter Covid-19 prevention SOPs instead of total lockdown to avert 'irreparable damage' to economy
KUALA LUMPUR (May 20): The Federation of Malaysian Manufacturers (FFM) relayed support for stricter standard operating procedures (SOPs) to prevent the spread of Covid-19 and its opposition over a total lockdown, asserting that it will "cost irreparable damage" to the economy.
Selgate programme: Shopping malls, retail chain associations urge state government not to impose additional charges
PETALING JAYA (May 20): While lauding the roll out of the Selgate vaccination programme, shopping malls and retail chain associations also urged the Selangor government to reconsider additional charges for the inoculation process as it might burden business owners.
Econpile bags RM64.25m piling and foundation works
KUALA LUMPUR (May 20): Econpile Holdings Bhd announced that today it has received a piling and foundation works award for a service apartment project along Jalan Raja Chulan for RM64.
Co-creating your desired future, and more
The ongoing COVID-19 pandemic has transformed the way we live.
Court dismisses govt's forfeiture suit involving RM114m cash linked to 1MDB
KUALA LUMPUR (May 20): The High Court here today has dismissed the government's forfeiture suit for RM114 million in cash seized during a police raid of a Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd three years ago, which was alleged to be misappropriated from 1Malaysia Development Bhd (1MDB).
