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Report: IWH said to be eyeing merger with IJM Corp
KUALA LUMPUR (April 24): Iskandar Waterfront Holdings Sdn Bhd (IWH) “is said to be interested in a merger with IJM Corp Bhd,” The Edge Malaysia reported this week.
Sunsuria terminates JV with Taiwanese firm, to develop Salak Tinggi land on its own
KUALA LUMPUR (April 24): Sunsuria Bhd's subsidiary Sunsuria City Sdn Bhd (SCSB) has revoked the deal to sell a piece of land in Salak Tinggi, Putrajaya South to its 60%-owned joint venture (JV) company Sunsuria Everrich Sdn Bhd (SESB).
Guocoland back in the black in 3Q, thanks to land disposal
KUALA LUMPUR (April 24): Guocoland (M) Bhd reported a net profit of RM73.
Ekovest MD Lim Keng Cheng trims stake; ceases to be substantial shareholder
KUALA LUMPUR (April 24): Lim Seong Hai Sdn Bhd (LSH), an investment vehicle of Ekovest Bhd’s managing director Tan Sri Lim Keng Cheng (pictured), has trimmed its stake and ceased to be a substantial shareholder in the construction group.
Aidilfitri bazaars allowed to operate until 2 am - Ismail Sabri
KUALA LUMPUR (April 23): Aidilfitri bazaars nationwide are allowed to operate until 2 am from Saturday, said Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob.
Malaysia reports over 2,800 new Covid-19 cases for second day; Selangor leads with 748
KUALA LUMPUR (April 23): New Covid-19 infections today remained above 2,800 for the second straight day with 2,847 cases, raising the country's total cases to 387,535, the Health Ministry said.
1MDB asset forfeiture: Lawyer says no evidence linking money in Najib’s AmBank accounts to properties seized from residence
KUALA LUMPUR (April 23): Former prime minister Datuk Seri Najib Razak’s (pictured) lawyer Tania Scivetti said today the prosecution’s asset forfeiture action against Najib must be dismissed because there is no evidence that the seized properties from his residence along Jalan Langgak Duta were linked to alleged 1Malaysia Development Bhd (1MDB)-related money in his AmBank accounts.
S P Setia’s projects see good response in 1Q21
KUALA LUMPUR (April 23): S P Setia Bhd kick-started the year with positive take-up rates for its residential products in the first quarter of 2021 (1Q21), despite the weak property market sentiment during the pandemic.
Gag order against Lokman Noor Adam secured by 1MDB lawyer extended to June 3
KUALA LUMPUR (April 23): The interim injunction order stopping former UMNO Supreme Council member Datuk Seri Lokman Noor Adam (pictured) from issuing defamatory statements against 1Malaysia Development Bhd (1MDB) lawyer Rosli Dahlan was yesterday extended to June 3.
Malaysia CPI up 1.7% on-year in March 2021 — DOSM
KUALA LUMPUR (April 23): Malaysia’s inflation, as measured by the consumer price index (CPI), rose 1.
