Lagenda Properties 3Q net profit down 8.58% as construction ops hit by MCO
KUALA LUMPUR (Nov 15): Lagenda Properties Bhd's net profit fell 8.
Ex-1MDB CEO says pressured by Najib to change auditor
KUALA LUMPUR (Nov 15): 1Malaysia Development Bhd (1MDB) ex-chief executive officer (CEO) Mohd Hazem Abdul Rahman told the High Court here on Monday that former prime minister Datuk Seri Najib Razak had pressured the Malaysian government-owned company to remove KPMG as 1MDB's auditor after KPMG refused to conclude the audit of 1MDB's 2013 financial statements.
Pekat Group secures 15-year power purchase agreement
KUALA LUMPUR (Nov 15): Pekat Group Bhd has secured a power purchase agreement (PPA) to supply solar-generated electricity to Majlis Bandaraya Seberang Perai (MBSP) for a 15-year period.
Prosecution not calling Nazir in 1MDB trial despite what he wrote in book 'What's in a Name'
PUTRAJAYA (Nov 15): The prosecution on Monday (Nov 15) said they would not be calling former banker Tan Sri Nazir Razak to possibly testify in the 1Malaysia Development Bhd (1MDB) trial involving his eldest brother and former premier Datuk Seri Najib Razak despite revelations in Nazir's book "What's in a Name" that came out this month.
Sime Darby Property’s Dayana Phase 2 and Serenia Aiora Phase 1 fully taken up
PETALING JAYA (Nov 15): Sime Darby Property Bhd achieved 100% take-up rates for its recently launched homes, Dayana Phase 2 in Nilai Impian, Negeri Sembilan and Serenia Aiora Phase 1 in Serenia City, Selangor, during their respective sales previews earlier this month.
Kedah to ban all 4D shops, punters told to go to Penang, says report
KUALA LUMPUR (Nov 14): Kedah will ban all 4D lottery shops in the state by not renewing the business licenses issued by local councils in a bid to stamp out social ills, said Menteri Besar Datuk Seri Muhammad Sanusi Nor.
HOC-MAPEX starts from today till Nov 14 at Mid Valley Exhibition Centre
PETALING JAYA (Nov 12): The Home Ownership Campaign – Malaysia Property Expo (HOC-MAPEX) is back this weekend till Nov 14, after more than a year-long hiatus due to the COVID-19 pandemic.
Guan Eng’s law firm made ‘big mistake’ when evaluating Penang undersea tunnel preliminary agreement — witness
KUALA LUMPUR (Nov 12): Former Penang chief minister Lim Guan Eng’s appointed private law firm made a “big mistake” when evaluating the preliminary agreement of the Penang undersea tunnel project between the Penang state government and Construction Zenith BUCG Sdn Bhd, the Sessions Court heard on Friday (Nov 12).
BNM: Malaysia not facing stagflation; growth to accelerate in 2022
KUALA LUMPUR (Nov 12): Bank Negara Malaysia (BNM) said Malaysia is not facing stagflation, with the central bank pointing out that economic growth is expected to accelerate in 2022.
Malaysia's GDP contracts 4.5% y-o-y in 3Q21 amid July containment measures
KUALA LUMPUR (Nov 12): Malaysia's economy contracted 4.
