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KUALA LUMPUR (May 4): Mah Sing Group Bhd’s wholly-owned subsidiary Nova Century Development Sdn Bhd is buying an approximately two-hectare (about five acres) land in Tempat Jalan Genting Kelang, Setapak here for a proposed estimated RM618 million mixed development comprising residential and retail components.

KUALA LUMPUR (May 4): The High Court here had today ordered Eric Tan Kim Loong, who is also known as "Fat Eric", to pay almost RM68 million in tax arrears from 2010 to 2013 to the Malaysian government following legal action against Tan by the Inland Revenue Board (IRB).

KUALA LUMPUR (May 4): KLCCP Stapled Group’s net profit for the first quarter ended March 31, 2021 (1QFY21) fell 17.

KUALA LUMPUR (May 4): Former prime minister Datuk Seri Najib Razak has made another appeal at the appellate court against the High Court’s decision to dismiss his application to disqualify appointed prosecutor Datuk Seri Gopal Sri Ram from leading the prosecution in the ongoing 1Malaysia Development Bhd (1MDB) audit report tampering trial.

KUALA LUMPUR (May 3): Malaysia reported a lower number of new infections today but the daily number remained at above 2,000-level.

SINGAPORE (May 3): As work-from-home (WFH) becomes a new norm and more employers are willing to offer flexible arrangements for their employees, Singaporean homebuyers are looking at upsizing to bigger units for WFH arrangements, reported CNA.

KUALA LUMPUR (May 3): The appeal hearing against former prime minister Datuk Seri Najib Razak's conviction in the SRC International Sdn Bhd trial at the Court of Appeal, which was previously scheduled to resume and end on Thursday (May 6), has been postponed to May 18.

KUALA LUMPUR (May 3): The Transport Ministry has clarified today that all Malaysia Airlines Bhd flights from India that are allowed to enter the country only involve cargo flights.

KUALA LUMPUR (May 3): Both the 1Malaysia Development Bhd (1MDB)-Tanore and SRC International Sdn Bhd trials involving former Prime Minister Datuk Seri Najib Abdul Razak have been postponed this week as a member of his defence team is under quarantine due to close contact with a number Covid-19 positive patients.

KUALA LUMPUR (May 3): Malaysia's Purchasing Managers' Index (PMI) rose to 53.