Honda Malaysia recalls 77,708 vehicles for free precautionary fuel pump replacement
KUALA LUMPUR (April 28): Honda Malaysia Sdn Bhd is recalling 77,708 vehicles to replace fuel pumps as a precautionary measure.
Analysts still favour IGB REIT despite lowering earnings forecasts
KUALA LUMPUR (April 27): Despite some analysts trimming their earnings forecast for IGB Real Estate Investment Trust (IGB REIT), they still favour the REIT saying that signs of stronger footfall and tenant sales at the group are hints to better quarters ahead.
IGB REIT's 1Q net property income down 36%, to distribute 1.33 sen per unit
KUALA LUMPUR (April 26): IGB Real Estate Investment Trust's (IGB REIT) net property income fell 36% to RM43.
Kerjaya Prospek-Gamuda JV wins RM203m contract from E&O
KUALA LUMPUR (April 26): A joint venture (JV) comprising Kerjaya Prospek Group Bhd and Gamuda Bhd has won a RM202.
No corporate merger proposal received so far, says IJM Corp
KUALA LUMPUR (April 26): IJM Corp Bhd has clarified that it has not received "any formal proposal or offer from any party expressing interest for a corporate merger” at this juncture.
LEGO heirs’ fund manager says future of offices remains unclear
Denmark (April 26): Kirkbi Fund, which manages US$20 billion (RM82 billion) in assets on behalf of the richest member of the LEGO family, said it will take years to see the impact of the Covid-19 pandemic on the global office market, reported Bloomberg.
KPower secures EPCC contracts in Pahang, Perak worth RM510 million
KUALA LUMPUR (April 26): KPower Bhd has secured four EPCC contracts with a total value of approximately RM510 million in Pahang and Perak.
Covid-19 expert group calls on govt to focus on targeted MCOs and speed-up vaccine roll-out to curb rising cases
KUALA LUMPUR (April 25): With daily Covid-19 cases persistently coming in above 2,000 since April 15, the Health and Sciences Covid-19 Advisory Group of Experts today called on the government to centre its mitigation efforts on targeted Movement Control Orders (MCOs), and to speed up the country's vaccine roll-out.
Lim Keng Cheng assures shareholders he remains active as Ekovest MD
KUALA LUMPUR (April 24): Ekovest Bhd managing director Lim Keng Cheng (pictured) today assured shareholders that he remains active as the group's MD, despite having ceased as a substantial shareholder of the group.
Owners of Jaya Grocer said to be mulling an IPO
KUALA LUMPUR (April 15): The owners of grocery chain Jaya Grocer are now mulling an initial public offering (IPO) after an “earlier selection process” to find a buyer “had stalled”, The Edge Malaysia reported this week.
