IGB posts lower 1Q profit of RM17.7m amid weak property and tourism markets
KUALA LUMPUR (June 11): IGB Bhd posted a 64.
Covid-19: Building management, homeowners can ask contractors to go for tests, says Ismail Sabri
PUTRAJAYA (June 11): Building management bodies and homeowners have the right to ask their contractors to undergo a Covid-19 swab test, Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob (pictured) said today.
Singer Michael Wong buys land in Perak to build retreat
PETALING JAYA (June 11): Malaysian Chinese singer Michael Wong Kong Leong has purchased a 4-acre agricultural land in Ipoh, Perak, for about RM720,000 (TWD 5 million), according to Taiwan’s United Daily News.
NFC trial delayed to Sept 1 after govt sought time to study expert reports
KUALA LUMPUR (June 11): The resumption of the hearing of the government’s RM250 million civil suit against National Feedlot Corp Sdn Bhd (NFC), its chairman Datuk Seri Dr Mohamad Salleh Ismail and nine others, has been postponed to Sept 1.
Soft launch of Perla @ Ara Sentral gets good response
PETALING JAYA (June 11): Public transport operator Prasarana Malaysia Bhd serviced apartment project Perla @ Ara Sentral in Ara Damansara, Petaling Jaya has secured 70% bookings since the project's soft launch in February 2020.
Penang: Cheaper affordable homes; minimum price for foreign buyers lowered
PENANG (June 11): The state government here is lowering the prices of affordable homes “between RM15,000 and RM35,000”, reported FMT today.
Malaysia's wholesale and retail trade plunge as online retail sales surges
KUALA LUMPUR (June 11): Malaysia's sales value of wholesale and retail trade plunged 36.
Maybank sued for ‘thwarting’ luxury Tribeca condo tower
NEW YORK (June 11): The developer of a 43-story luxury condo building in Manhattan’s Tribeca neighborhood sued Malaysia’s biggest bank for reneging on agreements to provide more than US$162 million (RM689 million) in syndicated construction loans and “effectively thwarting” the project, Bloomberg reported today.
High Court dismisses RM100,000 1MDB forfeiture suit against Yayasan PBAKM
KUALA LUMPUR (June 11): The High Court has dismissed the government forfeiture suit against Yayasan Persatuan Bekas Anggota Kemas Malaysia (Yayasan PBAKM) to recover RM100,000 which was alleged to be funds originating from troubled sovereign wealth fund 1Malaysia Development Bhd (1MDB).
