IHH to buy Prince Court Medical Centre from Khazanah for RM1.02b
KUALA LUMPUR (Sept 17): IHH Healthcare Bhd has proposed to buy the entire stake of Prince Court Medical Centre Sdn Bhd (PCMC) for RM1.
Macquarie cuts Kerjaya Prospek Group's EPS forecast
KUALA LUMPUR (Sept 17): Macquarie Capital Securities (M) Sdn Bhd said today that it had cut its Kerjaya Prospek Group Bhd earnings per share (EPS) forecast by 18% for financial year ending Dec 31, 2019 (FY19) and 8% each for FY20 and FY21, in anticipation that the builder's property developer clients will extend project timelines to manage cash flow, amid the property market slowdown.
London’s Battersea Power Station Lit Up in celebration of Malaysia Day
PETALING JAYA (Sept 17): The iconic chimneys of Battersea Power Station (BPS) in London, United Kingdom, was emblazoned with the flags of both Malaysia and the United Kingdom on Malaysia Day.
1MDB-Tanore trial witness insisted 1MDB was Najib's 'baby' — before defence changed his mind
KUALA LUMPUR (Sept 17): Datuk Amhari Effendi Nazaruddin, one of the key prosecution witnesses in the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial involving former premier Datuk Seri Najib Razak, initially disagreed that the Terengganu Investment Authority (TIA) was mooted by Terengganu's ruler Sultan Mizan Zainal Abidin's when he was the 13th Yang di-Pertuan Agong.
Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism under Malaysia's proposed 10-year masterplan to reform the power industry.
Property developer fined RM1.5m for abetting Ku Nan in RM1m bribery case
KUALA LUMPUR (Sept 17): Businessman Datuk Tan Eng Boon (pictured, centre) was fined RM1.
TDM says 1,201ha of unit's plantation land in Indonesia affected by fire
KUALA LUMPUR (Sept 17): TDM Bhd has confirmed that Indonesian authorities have sealed off its subsidiary's plantation land in the republic due to fire.
Federal govt should look into property expo for foreigners: Johor exco
JOHOR BARU (Sept 17): Johor Housing, Communication and Multimedia Committee chairman Dzulkefly Ahmad said the Federal Government should look into the benefits or disadvantages of a property expo for foreigners mooted by the Housing and Local Government Ministry before a final decision is made.
Supermarkets and hypermarkets in Malaysia are consolidating: Industry expert
PETALING JAYA (Sept 17): Supermarket and hypermarket operators in Malaysia are shutting down under-performing stores, Retail Group Malaysia managing director Tan Hai Hsin said.
Malaysians still 2nd largest buyers of S'pore properties
PETALING JAYA (Sept 17): Malaysians are still the second-largest group of buyers of Singapore’s non-landed residential properties by nationality year-to-date, according to an article in the Star today.
