MB World's 2Q earnings more than triples as revenue doubles
KUALA LUMPUR (Aug 20): MB World Group Bhd saw its net profit for the second quarter ended June 30, 2018 (2QFY18) rose to RM22.
Perak theme park to blossom after termination of DreamWorks licence agreement
KUALA LUMPUR (August 20): Menteri Besar Ahmad Faizal Azumu lauded the termination of the licence agreement between the Movie Animation Park Studios (MAPS) in Perak and DreamWorks Animation LLC, as all rides and attractions in the theme park can be opened to visitors now.
Up to govt whether findings be made public, says CEP chairman
KUALA LUMPUR (Aug 20): The Council of Eminent Persons (CEP) said it is the Government's prerogative on whether or not to share the council’s recommendations on economic and institutional reforms that it concluded yesterday.
Daim to meet PM on CEP’s future
KUALA LUMPUR (Aug 20): Council of Eminent Persons (CEP) chairman Tun Daim Zainuddin does not discount the possibility of the council’s service being extended by the government as it reached its 100th day of establishment yesterday.
Daim: CEP will submit recommendation report to PM tomorrow
KUALA LUMPUR (Aug 20): The five-man Council of Eminent Persons (CEP), which has completed its 100-day mandate to assist the Pakatan Harapan government in fulfilling its election promises, has prepared a comprehensive report on its recommendations to be sent to Prime Minister Tun Dr Mahathir Mohamad upon his expected return tomorrow after a five-day visit to China, said CEP chairman Tun Daim Zainuddin.
AES contractors paid RM129m, ‘clean profit’ made — Transport Minister
KUALA LUMPUR (Aug 20): The two concessionaires ATES Sdn Bhd and Beta Tegap Sdn Bhd — which operate the automated enforcement system (AES) under a concession that will be ending on Aug 31 — received RM129 million for AES summons issued between 2012 and up to May this year, said Transport Minister Anthony Loke.
Penang’s High Court building in need of repairs
KUALA LUMPUR (Aug 20): Lawyers are demanding that Penang’s High Court building (pictured) in Light Street here be repaired as they feel that it is already dangerous to people working there.
New Ruling: Councillors to declare involvement in projects
PETALING JAYA (August 20): A new ruling by the Selangor government requires councillors to declare any involvement or interest they or their family members may have in projects, prior to approval from select committees at a local authority level.
Magna Prima 1H profit within expectations
Magna Prima Bhd (Aug 15, RM1) Upgrade to market perform with an unchanged target price of 95.
