Concrete block falls from lorry along MRR2
KUALA LUMPUR (March 25): A concrete block fell from a lorry onto the middle lane of the MRR2 just after Hillview heading towards Ampang early this morning, according to postings on social media.
Following court order, Anina Saadudin takes down allegedly defamatory Facebook posts on Ismail Sabri
KUALA LUMPUR (March 25): Former Parti Pribumi Bersatu Malaysia (Bersatu) women chief Anina Saadudin has updated the court today that she has taken down the offending Facebook posts related to Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.
Genting chairman buys over Genting Hong Kong’s stake in Grand Banks Yachts for HK$62.58m
KUALA LUMPUR (March 25): Genting Hong Kong Ltd is selling its entire stake in Grand Banks Yachts to Genting Bhd chairman Tan Sri Lim Kok Thay (pictured) for HK$62.
Yong Tai expands into gold mining business
KUALA LUMPUR (March 25): Property developer Yong Tai Bhd's subsidiary has been appointed the exclusive mining operator to undertake exploration works on a 100ha site in Bukit Kenderak in Pahang's Lipis district.
UEM Sunrise 4Q net loss widens to RM134m from preceding quarter
KUALA LUMPUR (March 25): UEM Sunrise Bhd saw its net loss for the fourth quarter ended Dec 31, 2020 (4QFY20) widen to RM134.
DONE DEAL: Serviced apartment at Seventeen Residences, Petaling Jaya, Selangor
DONE DEAL: Serviced apartment at Pavilion Suites, Jalan Bukit Bintang, Kuala Lumpur DONE DEAL: Double-storey bungalow at Section 16 (Petaling Jaya), Kuala Lumpur Seventeen Residences is a serviced apartment component located above buzzing commercial spaces nestled in Petaling Jaya.
PRG sinks back into the red on impairment losses
KUALA LUMPUR (March 24): PRG Holdings Bhd, which is involved in the manufacturing of webbings, furniture components and the property sector, posted a net loss of RM28.
EcoWorld’s unit issues RM180m sukuk
KUALA LUMPUR (March 24): Eco World Development Group Bhd (EcoWorld) said its wholly-owned subsidiary Eco World Capital Services Bhd has established a sukuk wakalah programme of RM500 million in nominal value.
Malaysia reports 1,268 new daily Covid-19 infections and two deaths
KUALA LUMPUR (March 24): Malaysia confirmed 1,268 new daily Covid-19 cases today, lifting the number of active cases which carry high transmission risks to 14,637, according to Health director-general Tan Sri Dr Noor Hisham Abdullah.
Apex court rules hoteliers cannot use 10% service charge to meet minimum wage requirements
PUTRAJAYA (March 24): The Federal Court ruled today that hoteliers cannot use the 10% service charge paid by customers to meet the minimum wage requirement, and instead must pay their employees the charges collected in addition to their salaries.
