KLCCP 4Q profit falls on lower fair value gain
KUALA LUMPUR (Jan 25): KLCCP Stapled Group, which comprises KLCC Property Holdings Bhd (KLCC) and KLCC Real Estate Investment Trust (KLCC REIT), announced a 47% year-on-year (y-o-y) drop in net profit to RM183.
Cabinet decides to terminate ECRL contract, says report
PUTRAJAYA (Jan 25): The cabinet has decided to terminate China contractor China Communications Construction Co Ltd’s (CCCC) contract to build the RM81 billion East Coast Rail Link (ECRL) project, according to Sin Chew Daily in its evening edition yesterday.
Danny Tan to inject landbank worth RM1.85b into Tropicana
KUALA LUMPUR (Jan 25): Tycoon Tan Sri Danny Tan Chee Sing (pictured), founder and major shareholder of Tropicana Corp Bhd with a 63.
UPDATE: Cops raid Goldman Sachs M’sian law firm over 1MDB abuse
KUALA LUMPUR (Jan 25): Officers from the Bukit Aman Commercial Crime Investigation Department (CCID) yesterday raided Messrs Rahmat Lim & Partners, the local law firm used by global bank Goldman Sachs in its 1Malaysia Development Bhd (1MDB) dealings, and left with a box of documents and laptops.
Bank Negara keeps OPR at 3.25% amid sustained economic expansion seen
KUALA LUMPUR (Jan 24): Bank Negara Malaysia's Monetary Policy Committee has decided to maintain the overnight policy rate (OPR) at 3.
Cops meet with Goldman Sachs' M'sian law firm
KUALA LUMPUR (Jan 24): Bukit Aman Police are confimred to be visiting Goldman Sachs' Malaysian law firm Rahmat Lim & Partners since this morning.
FT Minister: Official declaration to ensure people that Kampung Kerinchi still exists
PUTRAJAYA (Jan 24): Federal Territories minister Khalid Samad yesterday clarified that the official declaration of Kampung Kerinchi was meant to “avoid confusion and ensure the people that Kampung Kerinchi still exists”, reported The New Straits Times (NST).
Police search for documents at M'sian law firm representing Goldman Sachs
KUALA LUMPUR (Jan 24): Malaysian police were at the law firm of Rahmat Lim & Partners this morning to search for documents related to the three 1Malaysia Development Bhd (1MDB) bonds handled by Goldman Sachs.
Fox units file US$46.4m counterclaim against Genting Malaysia
KUALA LUMPUR (Jan 24): Fox Entertainment Group LLC, Twentieth Century Fox Film Corp and FoxNext LLC (Fox) have filed a US$46.
