UEM Sunrise 4Q net loss widens to RM134m from preceding quarter
KUALA LUMPUR (March 25): UEM Sunrise Bhd saw its net loss for the fourth quarter ended Dec 31, 2020 (4QFY20) widen to RM134.
DONE DEAL: Serviced apartment at Seventeen Residences, Petaling Jaya, Selangor
DONE DEAL: Serviced apartment at Pavilion Suites, Jalan Bukit Bintang, Kuala Lumpur DONE DEAL: Double-storey bungalow at Section 16 (Petaling Jaya), Kuala Lumpur Seventeen Residences is a serviced apartment component located above buzzing commercial spaces nestled in Petaling Jaya.
PRG sinks back into the red on impairment losses
KUALA LUMPUR (March 24): PRG Holdings Bhd, which is involved in the manufacturing of webbings, furniture components and the property sector, posted a net loss of RM28.
EcoWorld’s unit issues RM180m sukuk
KUALA LUMPUR (March 24): Eco World Development Group Bhd (EcoWorld) said its wholly-owned subsidiary Eco World Capital Services Bhd has established a sukuk wakalah programme of RM500 million in nominal value.
Malaysia reports 1,268 new daily Covid-19 infections and two deaths
KUALA LUMPUR (March 24): Malaysia confirmed 1,268 new daily Covid-19 cases today, lifting the number of active cases which carry high transmission risks to 14,637, according to Health director-general Tan Sri Dr Noor Hisham Abdullah.
Logistics, e-commerce, healthcare among areas for S P Setia’s potential business diversification
KUALA LUMPUR (March 24): Property developer S P Setia Bhd said it had identified several potential areas for business diversification, according to the group’s 2020 Annual Report released today.
Penang: Jagdeep reminds owners about rules on homestays
PENANG (March 24): Joint management bodies (JMB) and management committees (MC) of strata schemes can enact a bylaw to prevent short-term accommodations under Section 70(2) of the Strata Management Act 2013 (SMA), Penang state local government committee chairman Jagdeep Singh Deo (pictured) reminded all stakeholders, The Star reported yesterday.
Najib seeks court order to access bank statements of companies related to Jho Low, Zeti's husband
KUALA LUMPUR (March 24): Former prime minister Datuk Seri Najib Razak (pictured) is seeking a court order to obtain bank statements and other related documents of companies believed to be related to Low Taek Jho — also known as Jho Low — who is the purported mastermind of the 1Malaysia Development Bhd (1MDB) financial scandal.
CapitaLand's restructuring exercise paves way for others to follow
SINGAPORE (March 24): The major restructuring plan by CapitaLand to consolidate its fund management and lodging business into a new entity as well as taking its property development business private may pave the way for other industry players to follow suit, reported Bloomberg.
Fajarbaru announces boardroom changes; Chan Kong Choy is new chairman
KUALA LUMPUR (March 24): Former transport minister Tan Sri Chan Kong Choy has been made the chairman of Fajarbaru Builder Group Bhd, as part of a slew of boardroom changes announced by the company yesterday.
