Tropicana to continue introducing new developments in 2020 with GDV of RM1.6b
KUALA LUMPUR (July 1): Tropicana Corp Bhd’s first-quarter net profit fell 89% to RM5.
Don’t disallow PKFZ forfeiture case just because CBT charges against OC Phang have been withdrawn — DPP
PUTRAJAYA (June 30): The withdrawal of charges against former Port Klang Authority (PKA) general manager Datin Paduka OC Phang should not be used as a reason to disallow the seizure of more than RM37 million in purported illegal proceeds from nine companies and individuals, the Federal Court was told today.
Retiree claims HSBC failed in duty to prevent him from being a victim of scams
KUALA LUMPUR (June 30 ): Retiree Lee Cheong Chee, 55, is suing HSBC Bank Malaysia Bhd for negligence, saying the bank did not advise him against going ahead with transactions that “it could have deduced to be fraudulent”, the Malay Mail reported today.
OCR Group posts higher revenue for 1Q
PETALING JAYA (June 30): OCR Group Bhd posted a revenue of RM28 million for its first quarter ended March 31, 2020 (1QFY20), up 28.
Tengku Adnan's graft trial ends after last defence witness testifies
KUALA LUMPUR (June 30): Former federal territories minister Datuk Seri Tengku Adnan Tengku Mansor's (pictured) corruption trial has concluded at the High Court here today after the last witness for the defence gave his testimony.
Promising rental growth for office and logistics in Asia Pacific, says Colliers International
KUALA LUMPUR (June 30): Rental growth for office and logistics are expected to be encouraging in Asia Pacific (APAC) countries, according to the Asia Pacific Real Estate: Still Good Value in a Changed World report (part two) by Colliers International released on June 29.
UOA Development to have weaker 2Q — Kenanga Research
KUALA LUMPUR (June 30): While UOA Development Bhd's first quarter ended March 31, 2020 (1QFY20) came in within expectations, Kenanga Research is of the view that developer will have a weaker 2QFY20 as it has to contend with the fallout of the Movement Control Order (MCO).
Federal government to be fair to all states in economic recovery efforts - Azmin
SHAH ALAM (June 29): The Federal Government has given assurance that it will be fair to all states, including those led by the opposition, in the efforts to revive the COVID-19-affected economy.
CBRE Global Investors completes sale of the Mitsubishi Fuso portfolio in Japan
PETALING JAYA (June 30): CBRE Global Investors has completed the sale of Mitsubishi Fuso portfolio in Japan comprising 169 properties for JPY$140.
Penang sees gradual growth in domestic tourism
GEORGE TOWN (June 29): Penang has seen a steady growth in domestic tourism after the restrictions on interstate travel in Malaysia were slowly relaxed.
