Wan Azmi re-emerges as major shareholder in E&O
KUALA LUMPUR (March 20): Businessman Tan Sri Wan Azmi Wan Hamzah has re-emerged as a substantial shareholder of property developer Eastern & Oriental Bhd (E&O) with a 9.
PM: Our goal is to be a developed nation in every sense of the word
KUALA LUMPUR (March 20): While expectations were high after the 14th general election on May 9, 2018, Prime Minister Tun Dr Mahathir Mohamad highlighted that most of the administration’s efforts for the past year have been to “plug the almost bottomless pit created by the 1Malaysia Development Bhd (1MDB)” scandal.
EPF may cease to exist in our lifetime — CEO
KUALA LUMPUR (March 20): The rising gig economy and an ageing population are expected to cause a decline in the percentage of workers who contribute to the Employees Provident Fund (EPF), according to its chief executive officer (CEO) Tunku Ali-zakri Alias.
Highland Towers name will remain after redevelopment
KUALA LUMPUR (March 19): The name Highland Towers will be retained even after the land is redeveloped, said Housing and Local Government Minister Zuraida Kamaruddin.
CapitaLand REIT is reportedly eyeing office tower owned jointly by Malaysia and Singapore state funds
KUALA LUMPUR (March 19): CapitaLand Commercial Trust, Singapore’s biggest office landlord, is among suitors pursuing a potential acquisition of the Duo office and retail development in the lion city, according to sources with knowledge of the matter.
Ex-Goldman banker Roger Ng appeals for bail before extradition to US
KUALA LUMPUR (March 19): Ex-Goldman Sachs banker linked to the 1Malaysia Development Bhd scandal, Roger Ng, is attempting a second bite of the cherry by appealing at the High Court for bail be granted before his extradition to the United States.
Quit rent payment problem in Selangor to be fixed next month
PETALING JAYA (March 19): A change in the number of digits in account numbers owing to the introduction of a new online system recently resulted in some property owners having to go to a Selangor Land and Mines Office (PTGS) office to pay their quit rent.
Scientex gets valid acceptance of 52.54% shareholding in Daibochi
KUALA LUMPUR (March 19): Scientex Bhd has garnered valid acceptance of 52.
Taliworks' major shareholder increases stake in Thriven Global to 9.89%
KUALA LUMPUR (March 19): Lim Chee Meng, the controlling shareholder of Taliworks Corp Bhd, has emerged as the third largest shareholder in Thriven Global Bhd, in which Home Minister Tan Sri Muhyiddin Yassin’s son is the biggest stakeholder.
Higher FY20, FY21 profits seen for Sunway REIT
Sunway Real Estate Investment Trust (March 18, RM1.
