Scientex 2Q net profit up 15% to RM112m on robust property sales
KUALA LUMPUR (March 9): Scientex Bhd said its latest quarterly net profit rose 15.
Zahid lodges police report over viral message claiming more charges to be filed against him
KUALA LUMPUR (March 9): The High Court here was informed today that former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi (pictured) had lodged a police report over a viral message stating that Parti Pribumi Bersatu Malaysia (Bersatu) discussed its intention of slapping him with more criminal charges in a Supreme Council meeting.
North Korean businessman with PR status loses final appeal, faces extradition for money laundering
PUTRAJAYA (March 9): A 56-year old North Korean businessman, who has a permanent resident status here, has lost his final appeal to be freed and could face extradition to the US to face two charges of money laundering.
Kanger to receive 10,000 doses of Sinopharm Covid-19 vaccine in May for trial purposes
KUALA LUMPUR (March 9): Kanger International Bhd will receive 10,000 doses of a Covid-19 vaccine developed by state-owned China National Pharmaceutical Group Corp (Sinopharm) for trial purposes.
Building material maker Chin Hin buys 31.2% stake in Signature International for RM93.6m
KUALA LUMPUR (March 8): Building material maker Chin Hin Group Bhd has acquired a 31.
Genting Americas sues insurers to claim US$500m losses at two resorts
KUALA LUMPUR (March 8): Genting Group-owned Resorts World Casino New York City and Miami Hilton have filed a suit against more than a dozen insurers claiming they wrongly denied coverage for some US$500 million (RM2.
Report: Two private equity firms ‘front runners’ to purchase Jaya Grocer
PETALING JAYA (March 6): US-based Carlyle Group and Luxembourg-based CVC Capital Partners “are believed to be the front runners in the race to acquire Trendcell Sdn Bhd, the owner and operator of supermarket chain Jaya Grocer,” sources told The Edge Malaysia in a report this week.
Lagenda Properties wants to grow beyond Perak
KUALA LUMPUR (March 6): Property developer Lagenda Properties Bhd has ambitions to grow beyond its mostly Perak presence, group managing director Datuk Jimmy Doh Jee Ming (pictured) told The Edge Malaysia.
Singapore’s City Developments wants to put behind ‘ill-fated’ investment
KUALA LUMPUR (March 6): Leading Singapore real estate player City Developments Ltd (CDL) wants to put its “ill-fated S$1.
Desmond Lim builds up stake in WCT
KUALA LUMPUR (March 6): Businessman Tan Sri Desmond Lim acquired another 250,000 shares in WCT Bhd yesterday, raising his direct shareholding in the construction company to 103.
