Asian property bosses fight it out in Canadian province
KUALA LUMPUR (Feb 6): Asian property tycoons are grabbing the limelight in Canada as their legal tussles are aired in the media.
KUALA LUMPUR (Feb 6): Asian property tycoons are grabbing the limelight in Canada as their legal tussles are aired in the media.
KUALA LUMPUR (Feb 6): The Employees Provident Fund (EPF) “has identified at least seven assets” with a total estimated value of RM350 million to RM450 million to be put up for sale, sources told the Edge Malaysia.
KUALA LUMPUR (Feb 5): A total of 3,391 new Covid-19 cases was recorded by the Health Ministry today, compared with 4,571 yesterday.
KUALA LUMPUR (Feb 5): Were the two top executives of the Abu Dhabi wealth fund implicated in the 1MDB scandal convicted and jailed two days ago in the United Arab Emirates? According a Feb 3 news report by the Khaleej Times, the Abu Dhabi Criminal Court had sentenced a former senior management executive of a government-owned company and its chief executive officer (CEO) to 15 years in prison for money laundering.
SHAH ALAM (Feb 5): Lawyer Tan Sri Muhammad Shafee Abdullah (pictured) has called for former Attorney-General Tan Sri Tommy Thomas to be cited for contempt over contents in his recently released book that touched on the Cradle Fund CEO murder trial.
KUALA LUMPUR (Feb 5): The implementation of the IAS 23 borrowing cost accounting standard in Sime Darby Property Bhd's financial year ending Dec 31, 2021 (FY21) is likely to cut its earnings for FY21 to FY22 by 10% to 14%, according to CGS-CIMB Research.
Chinese New Year (CNY) is just around the corner as we enter the second month of 2021.
KUALA LUMPUR (Feb 5): Uncertainties stemming from Covid-19, the Littoral Combat Ship (LCS) project, leadership changes at Lembaga Tabung Angkatan Tentera (LTAT) and clarity of Boustead Holdings Bhd’s (BHB) rejuvenation plan led to the armed forces fund aborting its takeover plan of Boustead after eight months of consideration.
KUALA LUMPUR (Feb 5): All operations at Resorts World Genting (RWG) in Genting Highlands will remain closed following the extension of the second movement control order (MCO 2.
The Covid-19 outbreak is a global health crisis.