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Report: Boustead Holdings plans to divest more than RM1b worth of properties
KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.
MTUC president wants labour ratio of 10 locals to a foreigner
PETALING JAYA (Aug 22): Malaysian Trades Union Congress (MTUC) president Abdul Halim Mansor wants the government to “enforce a ratio of locals to foreigners that’s 10-1” in the work force, FMT reported today.
Fajarbaru Builder's unit gets moneylender licence
KUALA LUMPUR (Aug 22): Fajarbaru Builder Group Bhd's wholly-owned subsidiary Fajarbaru Trading Sdn Bhd yesterday obtained a Malaysia moneylender licence which allows the latter to undertake money-lending business.
Malaysia reports nine new Covid-19 cases, with emergence of new Maju cluster in KL
KUALA LUMPUR (Aug 21): Malaysia reported nine new COVID-19 cases today, of which five were locally transmitted and four were imported, according to the Ministry of Health (MoH).
WCE posts fifth straight quarterly loss; dragged by recognition of interest expenses
KUALA LUMPUR (Aug 21): Highway construction company WCE Holdings Bhd booked its fifth consecutive quarterly loss with RM30.
Abandoned pre-war properties: Penang authorities demand owners take care of them
GEORGE TOWN (Aug 21): Penang Island City Council (MBPP) has demanded that owners of abandoned “heritage buildings” or pre-war houses “upkeep their premises” or action will be taken against them, The Star reported yesterday.
Boustead's KL property up for sale
PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.
Genting worst-hit KLCI stock on Genting HK's planned suspension of payments to creditors
KUALA LUMPUR (Aug 21): Casino and hotel operator Genting Bhd's share price fell more than 4% to become the worst-hit entity among the FBM KLCI's 30 stocks at Bursa Malaysia's afternoon break today after cruise ship operator Genting Hong Kong Ltd said on Wednesday (Aug 19) the company should temporarily suspend all payments to creditors to preserve liquidity.
E&O Residences KL to cease operations
KUALA LUMPUR (Aug 21): E&O Residences Kuala Lumpur (EOR KL) (pictured) will cease operations from next month, reported the New Straits Times yesterday.
Puchong residents facing monkey terror
PETALING JAYA (Aug 21): Numerous monkeys have been “wreaking havoc” at N’Dira Residences in Puchong, reported The Star yesterday.
