Advancecon diversifies into quarry business via RM30m acquisition
KUALA LUMPUR (June 18): Civil engineering and infrastructure construction group Advancecon Holdings Bhd is diversifying into the quarry business.
Covid-19: Malaysia reports 5,738 new cases; spike in Negeri Sembilan
KUALA LUMPUR (June 17): Malaysia reported 5,738 new Covid-19 cases, representing a positivity rate of 6.
Maybank IB: Weaker 2Q property sales expected but sector on track to recover
PETALING JAYA (June 17): The one-month long full lockdown (FMCO) is expected to affect the property sales and developers’ earnings in the second quarter this year, but Maybank Investment Bank Research believed that property sales will be picking up again once movement restrictions are lifted .
Malaysia administered 5.11 million vaccine doses as of June 16 — JKJAV
KUALA LUMPUR (June 17): Malaysia had administered a total of 5.
Ong Kian Ming offers 'pro bono' business consultation services
KUALA LUMPUR (June 16): Bangi Member of Parliament Dr Ong Kian Ming has offered “pro bono” business and consulting advice to businesses that are affected by the current Covid-19 pandemic.
DONE DEAL: Two-storey terraced house in M Residence, Rawang, Selangor
Read also DONE DEAL: Duplex penthouse at Kiaramas Cendana, Kuala Lumpur DONE DEAL: Condominium at South Brooks, Desa ParkCity, Kuala Lumpur M Residence is a freehold mixed township development located in Rawang, Selangor.
Maju Expressway defaults on RM50m bond principal
KUALA LUMPUR (June 15): Maju Expressway Sdn Bhd (MESB) has defaulted on its RM50 million bond principal after failing to redeem its outstanding amount, according to facility agent CIMB Investment Bank Bhd.
Govt’s rental reduction scheme is not effective in helping small businesses, says MP
PETALING JAYA (June 15): The government’s special tax for rental reduction scheme still has room to improve as survey showed over 50% of respondents did not receive any waiver from their landlords, reported FMT.
Selfridges may change hands for £4b
LONDON (June 14): The owner of the UK high-end department stores Selfridges & Co is mulling to let go of the business after receiving an unsolicited approach valuing it at £4 billion (RM23 billion), reported Evening Standard.
Penang govt to build affordable homes in Bayan Baru
GEORGE TOWN (June 14): The first affordable housing project by the Penang state housing board will be located in Bayan Baru, reported Free Malaysia Today.
