Melaka mulls options to resolve illegal settlements on govt reserved land
KUALA LUMPUR (June 22): Even the historic state of Melaka cannot escape the problem of illegal settlements.
“Councillorship not dependent on party election.”
PETALING JAYA (June 22): Selangor Local Government, Public Transportation and New Village Development Committee chairman Ng Sze Han has stressed that appointments in are not dependent on their securing positions in party elections.
KTMB to delay launch of RM6b property projects to next year
KUALA LUMPUR (June 22): Keretapi Tanah Melayu Bhd (KTMB) will delay the launch of its property development projects, which are worth RM6 billion over a three-year period, to next year as it seeks to resolve various issues amid the softening market, said its chief executive officer Mohd Rani Hisham Samsudin.
MRT Corp looking at ways to reduce RM32b Line 2 cost, says CEO
KUALA LUMPUR (June 22): Mass Rapid Transit Corp Sdn Bhd (MRT Corp) is looking at various ways to reduce the cost of the second line (Line 2), which currently stands at around RM32 billion, said its chief executive officer Datuk Seri Shahril Mokhtar.
Jag proposes private placement to raise RM14.41m for its property project
KUALA LUMPUR (June 22): JAG Bhd has proposed a private placement to raise up to RM14.
Kimlun earnings look sustainable despite local public job cutbacks
Kimlun Corp Bhd (June 21, RM1.
New governor for Bank Negara appointed
KUALA LUMPUR (June 22): Datuk Nor Shamsiah Mohd Yunus has been appointed as the new governor of Bank Negara Malaysia (BNM).
Govt to own all of Exchange 106 if Mulia Group does not meet obligations
PETALING JAYA (June 22): The Malaysian government will have full ownership of the Exchange 106 office tower in the Tun Razak Exchange (TRX) if the Mulia Group does not repay the Finance Ministry (MoF) on time, reported The Star.
Azmin tells Felda to undertake forensic audit
KUALA LUMPUR (June 22): Economic Affairs Minister Datuk Seri Mohamed Azmin Ali has instructed the Federal Land Development Authority (Felda), which is embroiled in several controversial deals, to undertake an “external forensic audit to get to the bottom of this”.
