KUALA LUMPUR (June 28): The CEO of a government-linked company (GLC) has been remanded for three days for a probe into alleged misappropriation of funds from awarded contracts for housing developments in Putrajaya.
PETALING JAYA (June 28): The land clearing activities in a forested part of Bukit Cerakah were carried out by trespassers who were believed to have unknowingly encroached on the land, said its owner Usaha Semarak Sdn Bhd.
KUALA LUMPUR (June 28): TRX City Sdn Bhd (TRXC) CEO Datuk Azmar Talib said he was unaware that funds of RM3 billion transferred to 1Malaysia Development Bhd (1MDB) between mid-2012 and early 2017 were to be diverted from their intended use.
Rented for: RM75,000 a month Concluded by: J T Tan (REN 08365) of Khoo & Associates Realty (012-392 6682) When: Feb 14, 2018 Noteworthy: ● A factory with a land area of 121,968 sq ft and built-up size of 72,000 sq ft ● Nearby amenities: Juru Auto City, banks and various eateries ● About 4km away from Bukit Tengah Industrial Park, 8km away from Penang Bridge, 28km to George Town, 26km away from Bayan Lepas Industrial Park and Penang International Airport Situated close to the Penang Bridge, Perai Industrial Estate is a home for light and medium industries that create work opportunities for the locals.
KUALA LUMPUR (June 28): Gamuda Bhd shares rose 1.
KUALA LUMPUR (June 28): MGB Bhd has received a letter of intent (LoI) from Kemudi Ehsan Sdn Bhd, a subsidiary of LBS Bina Group Bhd, to undertake piling, pile cap and building works including internal infrastructure works valued at RM175.
KUALA LUMPUR (June 28): T7 Global Bhd slumped as much as 15.
KUALA LUMPUR (June 28): The workers’ union of Keretapi Tanah Melayu Bhd (KTMB) has urged Transport Minister Anthony Loke Siew Fook to restructure Railway Assets Corp (RAC) and place it under KTMB so the latter can be a more multifaceted business organisation.
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