Kossan disposes of unutilised Kuala Langat land for RM147.75m
KUALA LUMPUR (Jan 17): Kossan Rubber Industries Bhd is disposing of a vacant freehold industrial land in Kuala Langat, measuring 390,397 sq metres, for RM147.
MRT2 is 70% complete, says Guan Eng
PUTRAJAYA (Jan 17): The current work progress for the Mass Rapid Transit Sungai Buloh-Serdang-Putrajaya Line, also known as MRT2, is 70% complete, according to Finance Minister Lim Guan Eng.
‘PLUS concession restructuring entails RM7.5b securitisation’
KUALA LUMPUR (Jan 17): The restructuring exercise of PLUS Malaysia Bhd’s concession agreements to bring about toll rate reductions is believed to entail the securitisation of its future cash flow estimated at RM7.
Witness: National Audit Department was coerced to make changes to 1MDB report
KUALA LUMPUR (Jan 16): Former National Audit Department (NAD) audit director Saadatul Nafisah Bashir Ahmad was grilled by Datuk Seri Najib Razak's lawyer Tan Sri Muhammad Shafee Abdullah today over exactly how the department was coerced into excluding several paragraphs from 1Malaysia Development Bhd (1MDB)'s audit report.
Waterfront Village — the pulse of Klang Valley North
The 810-acre township of Gamuda Gardens in Selangor welcomes an exciting new year with the completion of an enchanting lakeside retail village called the Waterfront Village in January.
PNB deputy president retires
KUALA LUMPUR (Jan 16): Permodalan Nasional Bhd (PNB) has today announced the retirement of its deputy president, strategic investments Datin Paduka Kartini Abdul Manaf effective Jan 1, 2020, after serving the fund management company for 36 years.
IDEAS supports Cabinet decision to not sell PLUS, calls for divestment policy
KUALA LUMPUR (Jan 16): The Institute for Democracy and Economic Affairs (IDEAS) supports the Cabinet's decision to not sell Projek Lebuhraya Utara-Selatan (PLUS) Malaysia Bhd.
Subang Jaya council shuts down eatery in Sunway Metro
PETALING JAYA (Jan 16): The Subang Jaya Municipal Council (MPSJ) ordered an eatery in the Sunway Metro commercial area to close for 14 days during a joint operation against dirty restaurants with its relevant departments, the Star reported today.
Sarawak: Glut in high-rise homes
PETALING JAYA (Jan 16): There is an oversupply of high-rise residential property in Sarawak but landed houses are holding up well, said managing director of CH William Talhar Wong and Yeo Sdn Bhd (WTWY) Robert KS Ting (pictured).
The logic behind the 'tilting' 8 Conlay design
KUALA LUMPUR (Jan 16): Following last month’s viral Whatsapp message about a building here that is on the verge of collapsing, its developer KSK Land has highlighted at a media briefing today that its flagship project 8 Conlay will be completed by late 2020.
