News about i

KUALA LUMPUR (Dec 15): Sunway Bhd will set up a RM5 billion perpetual Islamic medium term note (IMTN) programme to finance its investment activities, capital expenditure and for working capital.

KUALA LUMPUR (Dec 15): Jaks Resources Bhd is aligning its business portfolio after the loss-making property development venture that was hit hard by the slowdown.

PETALING JAYA (Dec 15): The government will not bail out property developers, especially those who fail to sell their high-end projects and get into financial problems, said Finance Minister II Datuk Seri Johari Abdul Ghani.

KUALA LUMPUR (Dec 15): Cheras opposition MP Tan Kok Wai is upping the ante in his spat with Federal Territories (FT) minister Tengku Adnan Tengku Mansor.

PETALING JAYA (Dec 15): More than 300 staff of Perbadanan PR1MA Malaysia (PR1MA) signed the Corruption-Free Pledge (Ikrar Bebas Rasuah-IBR) introduced by the Malaysian Anti-Corruption Commission (MACC) today.

KUALA LUMPUR (Dec 15): Eco World Development Group Bhd said fourth quarter net profit rose 15% to RM33.

YTL Corp Bhd (Dec 14, RM1.

KUALA LUMPUR (Dec 15): Finance Minister II Datuk Seri Johari Abdul Ghani reaffirmed that the freeze on shopping mall, office and high-rise residential projects of RM1 million and above applies nationwide, but developers can still submit their project proposals for consideration.

PETALING JAYA (Dec 15): Johor Bahru in Johor and George Town in Penang were identified as some of the cheapest locations for expatriates in Asia, according to research by ECA International.

KUALA LUMPUR (Dec 15): Eco World Development Group Bhd (EcoWorld) will lower its financial year ending Oct 31, 2018 (FY18) sales target to RM3.