YTL Hospitality REIT 2Q20 NPI up 2.4%, declares 1.92 sen DPU
KUALA LUMPUR (Feb 21): YTL Hospitality Real Estate Investment Trust (YTL REIT) posted a 2.
Paramount looks to expedite RM177m in special dividend payout
KUALA LUMPUR (Feb 21): Paramount Corp Bhd wants to expedite the distribution of the RM177 million allocated as special dividend to its investors following the completion of the sale of its controlling equity interest in its pre-tertiary education business to Prestigion Education Sdn Bhd yesterday.
SunCon 4Q net profit falls, targets RM2b new order book
KUALA LUMPUR (Feb 20): Sunway Construction Group Bhd (SunCon) announced a net profit of RM31.
Malaysia's theme park industry severely hit by COVID-19
KUALA LUMPUR (Feb 20): Malaysia's theme parks and attractions are one of the worst-hit leisure segments as both domestic and foreign tourists shy away from crowded places for fear of contracting the deadly coronavirus.
Forest reserve being degazetted to prevent bush fires, says Selangor MB
PETALING JAYA (Feb 21): Selangor Menteri Besar Amirudin Shari yesterday defended the state government's plan to allow development of a permanent forest reserve in Kuala Langat, saying it will prevent bush fires, The Malaysian Insight reported yesterday.
Taman Desa condo collapse: Contractor used illegal workers, failed to pay overtime wages, says report
KUALA LUMPUR (Feb 20): A Labour Department probe on the Taman Desa condominium collapse which occured last Friday (pictured) found that the main contractor of the project being built has allegedly made breaches of the employment law, the Malay Mail reported.
Stop-work order cannot apply to first block – Khalid
PUTRAJAYA (Feb 20): The stop-work order issued to the partially-collapsed condominium project in Taman Desa, Kuala Lumpur applies only to The Address II and not The Address, said Federal Territories Minister Khalid Abdul Samad today.
No car park being built next to Fort Cornwallis
PETALING JAYA (Feb 20): “There is not now, nor has there ever been” a plan to build a multi-storey car park next to Fort Cornwallis (pictured) in Penang, according to Chief Minister of Penang Incorporated (CMI) in a statement today.
Businessman refutes claims that payments to Zahid were bribes
KUALA LUMPUR (Feb 20): A businessman, who secured contracts from the Home Ministry to process foreign visas, refutes in the High Court today claims that payments he made to former deputy premier and home minister Datuk Seri Dr Ahmad Zahid Hamidi were bribes.
IRB to replace Naban as its lawyer in Najib's income tax case: Source
KUALA LUMPUR (Feb 20): The Inland Revenue Board (IRB) will be looking for a replacement for tax lawyer Datuk DP Naban, who had acted for the board in its case against former premier Datuk Seri Najib Razak, a source said today.
