George Kent 1Q earnings drop; firm targets RM5b order book
KUALA LUMPUR (June 26): George Kent (Malaysia) Bhd’s first-quarter (1Q) net profit fell 37% to RM13.
Hong Kong folk do not mind living with ghosts, as long as they get a cheaper home
KUALA LUMPUR (June 25): Try selling a home in Malaysia which is supposed to be haunted or was the site of a gruesome death.
TRC Synergy sees flat revenue growth in FY19 on fewer jobs
KUALA LUMPUR (Jun 25): Construction company TRC Synergy Bhd expects to post flat revenue growth in the current financial year ending Dec 31, 2019 (FY19) on fewer construction jobs.
Fajarbaru bags RM297.5m contract from Malton
KUALA LUMPUR (June 25): Fajarbaru Builder Group Bhd has secured a RM297.
Gamuda hints at special dividend amid concerns over earnings vacuum
KUALA LUMPUR (June 25): Gamuda Bhd’s share price slid 26 sen or 6.
Aspen Group buys 29-acre freehold land in Penang for RM165m
KUALA LUMPUR (June 25): Aspen (Group) Holdings Ltd (Aspen Group) is acquiring seven parcels of freehold land measuring 29.
Sept 30 set for ex-1MDB banker Goldman Sachs mention of summons
KUALA LUMPUR (June 24): Lawyers appearing for Goldman Sachs International, which is facing four summonses by the prosecution for capital market offences, have sought further time to study the summons served against the multinational investment bank and financial services company.
Gains from US-China trade diversion only for short term, says IMF's Lagarde
KUALA LUMPUR (June 24): The trade diversion benefits caused by the ongoing US-China dispute may not necessarily translate into longer term developments that can contribute to the economy, says International Monetary Fund (IMF) managing director Christine Lagarde.
Lynas plans to remove radioactive material from its rare earths before shipping them to Malaysia
KUALA LUMPUR (June 24): Rare earths producer Lynas Corp says today that it is committed to relocating the first stage processing of its rare earth – where the material is separated from the low level, naturally occuring radioactive material (NORM) it is found with – to Australia over the next five years.
'Still quite challenging' for Malaysia to achieve 5% GDP growth in 2019 — SERC
KUALA LUMPUR (June 24): Local think tank Socio-Economic Research Centre (SERC) says it will be "still quite challenging" for Malaysia to achieve a gross domestic product (GDP) growth of 5% for the full year of 2019 due to the contraction in export and slowdown in private investment figures.
