Risen Energy's RM42.2b project offers local businesses chance to become part of global value chain, says Azmin
KUALA LUMPUR (June 24): Global solar company Risen Energy Co Ltd's RM42.
Pekat Group builds ‘zero net energy’ integrated facility in City of Elmina
PETALING JAYA (June 23): Solar photovoltaic (PV), earthing and lightning protection (ELP) specialist Pekat Group Bhd will be building a “zero net energy building” that comprises the new head office and operational facility in Elmina City, Sungai Buloh.
Hatten Land signs MOU for subsidiary The Medici-Watermark to manage Melaka shopping malls
SINGAPORE (June 23): Hatten Land has signed a memorandum of understanding (MOU) with The Medici-Watermark (TMW) to manage the former’s three shopping malls located in Melaka, Malaysia.
Stop-work order remains in 10 locations throughout DASH to ensure safety
PETALING JAYA (June 22): The stop-work order which involved the works on scaffolding and falsework in 10 locations on the Damansara-Shah Alam Elevated Highway (DASH) will remain until sufficient safety measures are implemented, said the Malaysian Highway Authority (LLM).
Prosecution not appealing forfeiture of RM114m seized in May 2018 Pavilion condo raid
KUALA LUMPUR (May 21): The prosecution is not appealing the High Court's decision last month to dismiss the forfeiture of RM114 million in cash — mostly comprising foreign currencies — purportedly linked to 1Malaysia Development Bhd (1MDB) that was seized during a dramatic raid at the Pavilion condominium in May 2018, shortly after the general elections.
MAHB submits detailed Subang Airport regeneration plan to govt
KUALA LUMPUR (June 21): Malaysia Airports Holdings Bhd (MAHB) has submitted a comprehensive strategic long-term development plan for the Sultan Abdul Aziz Shah Airport in Subang, Selangor to the government.
Report: Low interest rates ‘fuelling’ debt accumulation by households
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
Johor South SME looks forward to KL-JB high-speed rail
JOHOR (June 18): Johor businesses are still hopeful and looking forward to a Kuala Lumpur to Johor Bahru high-speed rail (HSR) link.
Hearing of prosecution's reply to challenge forfeiture of RM31m in valuables, assets from Najib, Rosmah, 15 others pushed to July 23
KUALA LUMPUR (June 18): The hearing of the prosecution's reply to a challenge against forfeiture proceedings concerning over RM31 million in assets and valuables linked to 1Malaysia Development Bhd (1MDB) has now been deferred to July 23, after the present Movement Control Order (MCO 3.
Jepak Holdings judicial manager seeks more time to restructure company
KUALA LUMPUR (June 18): The judicial manager (JM) for Jepak Holdings Sdn Bhd, which is embroiled in the court case for the RM1.
