Kenanga upgrades KLCCP Stapled, raises target price to RM8.55
KUALA LUMPUR (Aug 6): Kenanga Research has upraded KLCCP Stapled Group to “Outperform” (OP) at RM7.
Aussie cops charge man with bribing Malaysian govt official to secure sale of Dudley House
KUALA LUMPUR (Aug 6): The Australian police have charged a man for allegedly bribing a Malaysian government official to secure the sale of a student accommodation in Melbourne, the Sydney Morning Herald (SMH) reported yesterday.
KLCC Stapled Group 2Q net profit drops as retail, hotel segments heave under MCO
KUALA LUMPUR (Aug 6): KLCC Stapled Group saw its net profit for the second quarter ended June 30, 2020 (2QFY20) fall by 22.
Covid-19: Malaysia’s new cases climb to 21, but active cases stay below 200 for second day
KUALA LUMPUR (Aug 5): Malaysia’s new Covid-19 cases climbed to 21 as of noon today – from only one case reported yesterday – but active cases remained below the 200-mark for the second consecutive day.
Until today, Jepak has not received receipt for 'political donation' to Umno
KUALA LUMPUR (Aug 5): The 17th prosecution witness in Datin Seri Rosmah Mansor’s (pictured) solar graft trial testified that until today, Jepak Holdings Sdn Bhd has not received a receipt acknowledging the “political contribution” of RM6.
Shahrol: Jho Low said not to get involved as Najib would 'bulldoze' US$3b loan through
KUALA LUMPUR (Aug 5): Former prime minister Datuk Seri Najib Razak was involved in "bulldozing" 1Malaysia Development Bhd's (1MDB) only unsecured loan of US$3 billion through with a letter of comfort from its shareholder MoF Inc, the High Court was told here today.
Tony Pua to propose debate on formation of Special Select Committee to evaluate recovery of 1MDB-related assets
KUALA LUMPUR (Aug 5): Damansara Member of Parliament (MP) Tony Pua Kiam Wee (pictured) will propose a debate on the formation of a Special Select Committee to look into the actions taken by the government to recover cash and assets related to controversy-laden 1Malaysia Development Bhd (1MDB) and SRC International Sdn Bhd.
Rosmah graft trial: High Court fixes Aug 17 to deliver decision on Sri Ram's removal
KUALA LUMPUR (Aug 5): The High Court here had today fixed Aug 17, 2020 to deliver its decision on Datin Seri Rosmah Mansor's (pictured) application to bar former Federal Court judge Datuk Seri Gopal Sri Ram from prosecuting her in her graft trial.
New wave of Covid-19 cases to further weaken leasing and investment activities
KUALA LUMPUR (Aug 5): Based on CBRE Asia Pacific Research’s Marketview for 2Q2020, the recent resurgence in Covid-19 cases in several markets is expected to impact the commercial real estate market, with the possible exception of logistics.
Report: Hong Kong's Kwok family loses US$8b in a single year
KUALA LUMPUR (Aug 5): The Kwok family’s Sun Hung Kai Properties “has seen its fortune shrink by almost US$8 billion (RM33.
