UEM Edgenta terminates JV after incurring losses

KUALA LUMPUR (Sept 4): UEM Sunrise Edgenta TMS Sdn Bhd (UEMSET) has terminated its joint-venture (JV) agreement with Township Management Services Sdn Bhd (TMS) to operate Edgenta TMS Sdn Bhd (ETSB), which was conceived in 2016 as the country’s first holistic township management service operator.

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Witness describes Jho Low as 'master manipulator'

KUALA LUMPUR (Sept 3): Datuk Amhari Effendi Nazaruddin, a prosecution witness in the 1Malaysia Development Bhd (1MDB) trial, claimed today that fugitive businessman Low Taek Jho had manipulated those around him with regards to 1MDB matters.

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PSC cut 'not temporary' - Anthony Loke

SERENDAH (Sept 3): Transport Minister Anthony Loke Siew Fook said today Malaysia's proposed passenger service charge (PSC) cut for international travellers flying beyond Asean from klia2 and other airports besides the Kuala Lumpur International Airport (KLIA), to RM50 from RM73 is "not temporary" because the Cabinet has decided on the matter.

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Solar electricity cheaper to produce, Yeo says as LSS3 bid closes

KUALA LUMPUR (Sept 3): Malaysia will see a more competitive and diversified power generation mix as bidding under the third cycle of the Large-Scale Solar (LSS3) scheme shows that solar-based electricity generation is cheaper than gas-based power production, Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin said today.

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Najib, Rosmah, Umno, jeweller to stake claims in OBYU RM680m forfeiture suit

KUALA LUMPUR (Sept 3): Former prime minister Datuk Seri Najib Razak, his wife Datin Seri Rosmah Mansor and their two children, Umno, and Lebanese jeweller Global Royalty Trading SAL had today indicated to the High Court that they will stake their claims in the RM680 million 1Malaysia Development Bhd forfeiture suit against OBYU Holdings Sdn Bhd.

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