Foreign selldown not due to MRT2 underground contract termination, says Guan Eng
KUALA LUMPUR (Oct 18): Selldown on the Malaysian equity market last week was not due to the termination of Mass Rapid Transit Line 2 (MRT2) underground work contract with MMC Gamuda KVMRT (T) Sdn Bhd, Finance Minister Lim Guan Eng opined.
WCT and Aeon Co agree to settle rental dispute out of court
KUALA LUMPUR (Oct 18): WCT Holdings Bhd’s indirect wholly-owned subsidiary Gemilang Waras Sdn Bhd and AEON Co (M) Bhd have agreed to an amicable out-of-court settlement in relation to their court battle over the lease renewal of AEON Mall Bukit Tinggi.
MRCB, George Kent among most active as LRT3 project gets govt nod
KUALA LUMPUR (Oct 18): Shares in Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd were among the five top actively traded stocks this morning after MRCB George Kent Sdn Bhd said the government has agreed to continue with the Light Rail Transit Line 3 (LRT3) project at a cost of RM16.
Mubadala denies report that 1MDB has US$6.9b exposure
KUALA LUMPUR (Oct 18): Abu Dhabi’s state owned Mubadala Investment Company has denied that six bonds totalling US$6.
Cabinet to deliberate on MRT2 underground deal
KUALA LUMPUR (Oct 18): Finance Minister Lim Guan Eng said yesterday he will bring up the matter of the termination of MMC-Gamuda KVMRT (T) Sdn Bhd’s contract to build the underground portion of the mass rapid transit Line 2 (MRT2) for further deliberations at the next cabinet meeting.
WATCH: This fountain in Sarawak cost RM31 million
Scroll down for video PETALING JAYA (Oct 17): A musical fountain in front of Sarawak's Dewan Undangan Negeri building that is worth a whopping RM31 million has raised questions over its extravagance, reported The Malaysian Insight.
Malaysia wants to be a stepping stone for business in plastic alternatives, says minister
KUALA LUMPUR (Oct 17): Malaysia hopes to spearhead the research and development (R&D) and commercialisation of green packaging and other alternatives for single-use plastics.
State-enforced pollution charge on single-use plastic by 2021
KUALA LUMPUR (Oct 17): Malaysia may introduce a state-enforced pollution charge on single-use plastics on businesses by 2021, said Minister of Energy, Science and Technology, and Climate Change, Yeo Bee Yin.
