E&O posts 3Q net loss on forex loss, holding cost
KUALA LUMPUR (Feb 23): Eastern & Oriental Bhd (E&O) slipped into the red in the third financial quarter ended Dec 31, 2018 (3QFY19), posting a net loss of RM8.
WCT executes LRT3 novation agreements with Prasarana, MRCB George Kent
KUALA LUMPUR (Feb 22): WCT Holdings Bhd announced that its wholly-owned subsidiary WCT Bhd had today executed three novation agreements with Prasarana Malaysia Bhd and MRCB George Kent Sdn Bhd with regards to the proposed Light Rail Transit 3 (LRT 3) projects secured by WCT Bhd.
Report: Cops raid Roger Ng's home
PETALING JAYA (Feb 22): Ex-Goldman Sachs banker Roger Ng’s home has been raided by the police, reported The Star today.
Real-life Crazy Rich Asians Palace belongs to Crown Prince of Johor
Within untended jungle that was formerly Tyersall Park, just next to the Botanic Gardens in Singapore, sits the ruins of Istana Woodneuk.
Malaysia has not secured cooperation to extradite Jho Low
SEMENYIH (Feb 22): The Malaysian Government has not secured the cooperation of an unnamed country to extradite fugitive financier Joh Low, Home Minister Muhyiddin Yassin said at a ceramah here last night.
Umno lawyer claims trial to laundering RM15m
KUALA LUMPUR (Feb 22): Prominent Umno lawyer Datuk Hafarizam Harun has claimed trial in the Sessions Court yesterday to two counts of money laundering amounting to RM15 million.
IWCity active, continues rally on possible revival of mega projects
KUALA LUMPUR (Feb 22): Shares in Iskandar Waterfront City Bhd (IWCity) continued to rise this morning on the back of talks of possible revival of the East Coast Rail Link (ECRL), which improved sentiment on Malaysia's mega projects currently under scrutiny.
Mindef lost RM258m in land swap deal with Syed Mokhtar — sources
KUALA LUMPUR (Feb 22): The Ministry of Defence (Mindef) allegedly lost RM258 million by selling the Royal Malaysian Air Force base in Kinrara, Puchong at a 34% discount to tycoon Tan Sri Syed Mokhtar Albukhary in a politically motivated land swap deal, said sources contacted by The Edge Financial Daily yesterday.
Malaysia’s first 5-star Forbes Travel Guide rating awarded to Crockfords Hotel
PETALING JAYA (Feb 22): Forbes Travel Guide Star Ratings, announced on 20th February 2019 in New York, honoured Crockfords Hotel at Resorts World Genting with the Five-Star award – making Crockfords the only hotel in Malaysia to receive such an honour and one of only 210 hotels worldwide bestowed with Forbes Travel Guide’s most prestigious ranking.
