Ikhmas Jaya served winding-up petition by Ipmuda for owing RM2.97m
KUALA LUMPUR (Sept 26): Ikhmas Jaya Group Bhd and its wholly-owned unit Ikhmas Jaya Sdn Bhd (IJSB) have been served with a winding-up petition from Ipmuda Bhd for owing RM2.
DONE DEAL: Semi-detached house, Taman Megah, Petaling Jaya
Sold for: RM2,550,000 (average RM2.
Shafee: ‘If RM5b IMTN was suspended, Malaysia’s ratings would have been affected’
KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.
ECRL subcontract awards expected in 2021, says Affin Hwang Capital
KUALA LUMPUR (Sept 26): Affin Hwang Investment Bank has maintained its “Overweight” call on the construction sector and said it expects tenders for the East Coast Rail Link (ECRL) to be called starting in 4Q19 for local subcontractors to undertake 40% of the civil works (excluding tunnel works).
Widad gets RM120m contract to build new solid waste transfer station in Kepong
KUALA LUMPUR (Sept 26): Widad Group Bhd, formerly known as Ideal Jacobs (Malaysia) Corp Bhd, has secured an RM120.
Vanke Service eyes Malaysia property management industry
SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.
打卡热点：吉隆坡citizenM酒店
坐落于吉隆坡市中心Bukit Bintang的citizenM酒店，最显眼的是大门前的多色块彩色面板。 酒店还精心挑选了15张生动的“吉隆坡公民”画像装饰在大门前，画像上的人们手持代表吉隆坡独特和多元文化景观的各种物品。这些画像是摄影师和艺术总监Jayden Tan的杰作。 citizenM首席执行员Michael Levie形容这里为“适合打卡拍照”的酒店。他向EdgeProp.
Vanke commits to preserving Bukit Nanas
BEIJING (SEPT 25): Vanke Holdings (Malaysia) Sdn Bhd is committed to working with the Malaysian government to preserve the Bukit Nanas Forest Reserve by providing resources including the relevant technology and technical help.
Budget 2020 to lighten pressure on BNM to pursue another rate cut in 2019 — UOB
KUALA LUMPUR (Sept 25): UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is expected to include expansionary measures to support the economy, will lighten the pressure on BNM to pursue another rate cut in 2019.
Jomo says ECRL cancellation can be done without affecting relations with China
KUALA LUMPUR (Sept 25): Finance Minister Lim Guan Eng's concern about putting Malaysia's "national considerations at stake" is valid, but the cancellation of the East Coast Rail Link (ECRL) can still be done through proper negotiations without affecting bilateral relations with China, said prominent economist Professor Dr Jomo Kwame Sundaram.
