Buyer sought for Mentakab Star Mall
KUALA LUMPUR (March 27): The Mentakab Star Mall (pictured( in Pahang is up for sale.
1MDB lawyer Rosli Dahlan issues letters of demand to Lokman Noor Adam, two others
KUALA LUMPUR (March 27): 1Malaysia Development Bhd's (1MDB) lawyer Rosli Dahlan had yesterday issued letters of demand (LODs) to former Umno supreme council member Datuk Seri Lokman Noor Adam, Kuang assemblyman Sallehuddin Amiruddin and Mohd Hanizam Yunus for issuing defamatory statements which implied, among others, that Rosli had unlawfully profited from money in connection with the 1MDB asset recovery effort by the Malaysian government.
Penang commercial property The Weld Heritage Square to be completed by year end
KUALA LUMPUR (March 27): The RM160 million The Weld Heritage Square commercial property project within Penang’s George Town UNESCO World Heritage Site at Pengkalan Weld is expected to be completed by the end of 2021 based on the project’s current construction completion status at 85%, according to its developer today.
Singapore: New ‘code of conduct’ in tenancy agreements for retail premises
KUALA LUMPUR (March 27): A Fair Tenancy Pro Tem Committee in Singapore has urged the city state’s authorities to enact “laws to ensure landlords and [retail] tenants comply with” a code of conduct, the Straits Times (ST) reported today.
Kimlun's 4Q profit plunges 71%, proposes one sen final dividend
KUALA LUMPUR (March 27): Engineering and construction services provider Kimlun Corp Bhd's net profit plunged 71.
Genting Singapore says chairman Lim Kok Thay took more than 50% pay cut in FY20, not big increment
KUALA LUMPUR (March 27): Genting Singapore Ltd (GENS) yesterday clarified its executive chairman Tan Sri Lim Kok Thay received less than S$5 million (RM15.
Sime Darby sells 10.89% E&O stake for RM93.5 million cash
KUALA LUMPUR (March 27): Sime Darby Bhd said yesterday it has disposed of its last block of shares in Eastern & Oriental Bhd for RM93.
1MDB says it still has RM32.3b outstanding debt
KUALA LUMPUR (March 26): 1Malaysia Development Bhd (1MDB) still has an RM32.
Roger Ng, wife challenge bid to forfeit RM1.88m from their bank accounts, claiming the money is not related to 1MDB
KUALA LUMPUR (March 26): Former Goldman Sachs banker Roger Ng Chong Hwa (pictured) and his lawyer wife, Lim Hwee Bin, are contesting the prosecution's attempt to forfeit RM1.
Prosecution says the RM31m it is seeking to forfeit, including RM10m from Najib and family, is from 1MDB
KUALA LUMPUR (March 26): The prosecution, who is seeking to forfeit over RM10 million worth of assets from Datuk Seri Najib Razak (pictured) and his family, told the court today that these — together with some RM21 million they are seeking to seize from 13 other individuals — are from 1Malaysia Development Bhd (1MDB).
