Mammoth-Exsim JV to complete Empire City Damansara
Launched in 2011 by Mammoth Empire Holding Sdn Bhd (MEH), the RM5 billion Empire City Damansara (ECD1) may finally be completed in a joint venture (JV) with Exsim Group.
Boustead Holdings 1Q in the red
KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a net loss of RM22.
Human Rights Watch: Jho Low happy to benefit from human rights abuses when it suited his personal interests
The Human Rights Watch (HRW) has said that it is hypocritical for Low to denounce Mahathir for human rights abuses when Low was more than happy to benefit from human rights abuses when it suited his personal interests.
Jho Low — Family home seizure a low blow
KUALA LUMPUR (May 31): Fugitive businessman Low Taek Jho, more popularly known as Jho Low, disseminated this open letter to the media through his public relations firm after the High Court ruled that parties claiming to have interest in any of the RM31 million worth of 1Malaysia Development Bhd (1MDB)-related assets which were seized by the government, have until Aug 30 to challenge the assets forfeiture.
Tommy Thomas: Malaysia-IPIC arbitration to be placed under UK High Court supervision
KUALA LUMPUR (May 30): Attorney General Tommy Thomas said today the UK High Court emphasised that it remains ready to proceed with 1Malaysia Development Bhd (1MDB) and Minister of Finance Inc's (MOF Inc) challenge against the consent award to International Petroleum Investment Co (IPIC) after having regard to the circumstances.
Jho Low’s luxury New York condos to be sold
PETALING JAYA (May 30): Two luxury condominiums belonging to Jho Low, allegedly bought with money stolen from 1Malaysia Development Bhd (1MDB) are to be sold as part of U.
OSK posts stronger 1Q on higher property, financial services contributions
KUALA LUMPUR (May 27): OSK Holdings Bhd’s net profit rose 21.
Lawyer representing KPKT dropped from Adib inquest over conflict of interest fear
KUALA LUMPUR (May 27): Lawyer Syazlin Mansor was removed from representing the Housing and Local Government Ministry in the inquest into the death of fireman Muhammad Adib Mohd Kassim for fear of conflict of interest.
WCT 1Q net profit climbs 8.8% to RM40.32m despite lower revenue
KUALA LUMPUR (May 27): WCT Holdings Bhd's (WCT) net profit rose 8.
Australia and Poland top the list for student housing yields
KUALA LUMPUR: Australia and Poland currently offer the highest prime net student housing yield at 6%, according to global property firm Savills in their latest “Global Student Housing Investment” report.
