Nestlé Malaysia moves HQ to 1 Powerhouse in Bandar Utama
KUALA LUMPUR (May 20): Nestlé (M) Bhd (Nestlé Malaysia) has moved its corporate headquarters to 1 Powerhouse, Bandar Utama from Surian Tower in Mutiara Damansara.
Hock Seng Lee’s 1Q net profit rises 20% to RM9.09m, underpinned by construction segment
KUALA LUMPUR (May 20): Hock Seng Lee Bhd’s (HSL) net profit for the first quarter ended March 31, 2021 (1QFY21) rose 20.
Court dismisses govt's forfeiture suit involving RM114m cash linked to 1MDB
KUALA LUMPUR (May 20): The High Court here today has dismissed the government's forfeiture suit for RM114 million in cash seized during a police raid of a Pavilion luxury condominium unit owned by OBYU Holdings Sdn Bhd three years ago, which was alleged to be misappropriated from 1Malaysia Development Bhd (1MDB).
PPKM says NO to another lockdown
PETALING JAYA (May 20): A full lockdown will not be sustainable as it will cripple the shopping industry for good as the entire industry has already been struggling valiantly for survival for the past 14 months, said The Malaysia Shopping Malls Association (PPKM).
Sunway REIT 3Q NPI drops 35% to RM67m, dragged by retail and hotel segments
KUALA LUMPUR (May 20): Sunway Real Estate Investment Trust's (Sunway REIT) net property income (NPI) for the quarter ended March 31, 2021 (3QFY21) fell 35.
Shopper dies after falling from fourth floor of 1 Utama Shopping Centre
PETALING JAYA (May 19): A woman shopper fell to her death from the fourth floor of 1 Utama Shopping Centre, here this afternoon.
Rosmah lodges police report claiming Tommy Thomas’ affidavit a blatant lie, afterthought
KUALA LUMPUR (May 19): Datin Seri Rosmah Mansor (pictured) through her aide last night lodged a police report against former attorney-general Tan Sri Tommy Thomas, alleging that Thomas lied about the validity of Datuk Seri Gopal Sri Ram’s appointment as the lead prosecutor in Rosmah’s corruption trial.
Econpile secures RM27m structure works contract in KL
KUALA LUMPUR (May 18): Piling and foundation specialist, Econpile Holdings Bhd has a secured foundation and structure works contract worth RM27.
Retailers, mall operators: We should not be stigmatised for the spread of Covid-19
PETALING JAYA (May 18): Shopping mall operators have stayed alert and implemented strict SOPs in curbing the spread of Covid-19, hence the malls should not be punished for any inadvertent outings by the visitors, said the shopping mall and retail associations.
Thomas: No letter needed for Sri Ram's appointment as lead prosecutor in 1MDB and Rosmah cases
KUALA LUMPUR (May 18): Former attorney general Tan Sri Tommy Thomas (pictured) said Datuk Seri Gopal Sri Ram was appointed a senior deputy public prosecutor (DPP) in 2018 under Thomas' general control and direction as stipulated by law to lead in several high profile criminal cases, including Datin Seri Rosmah Mansor's corruption trial.
