Penang yet to get nod to develop islands, says Chow
KUALA LUMPUR (July 4): The Penang state government has yet to receive any formal approval for the Penang South Reclamation (PSR).
DONE DEAL: Shopoffice at Desa Aman Puri, Kepong, Kuala Lumpur
Rented for: RM1,800 per month Concluded by: Yijo Phoon (REN 27634, 012-290 9100) of WTW Real Estate Sdn Bhd When: June 2019 Noteworthy: ● Freehold ● Built-up: 704 sq ft ● First floor of a three-storey shopoffice ● Fully-furnished with interior fit-out, water filter and air-conditioners ● Nearby amenities: About 6km to Desa ParkCity, around 16km to Kuala Lumpur City Centre, around 3km to Kepong Sentral, easy access to Damansara-Puchong Expressway (LDP), Jalan Kepong, Jalan Kuala Selangor and Selayang-Kepong Highway.
Litrak accepts MoF’s takeover offer for toll concessionaires
KUALA LUMPUR (July 4): Lingkaran Trans Kota Holdings Bhd’s (Litrak Holdings) board has accepted the Minister of Finance Inc’s (MoF Inc) offer to buy out its two concessionaires.
MACC chief to attend select committee hearing tomorrow
KUALA LUMPUR (Jul 3): Newly appointed Malaysian Anti-Corruption Commission (MACC) chief commissioner Latheefa Koya will attend a hearing of the Parliamentary Special Select Committee on Public Appointments tomorrow over her controversial appointment.
Goldman Sachs ex-officer Tim Leissner banned for life by HK regulator on 1MDB crimes
KUALA LUMPUR (July 3): The Securities and Futures Commission (SFC) of Hong Kong said today that it has banned Tim Leissner, a former responsible officer of Goldman Sachs (Asia) L.
MPSJ seals 14 premises with illegal extensions
SERI KEMBANGAN (July 3): The Subang Jaya Municipal Council (MPSJ) has sealed as many as 14 premises in Taman Serdang Jaya, Seri Kembangan, for unapproved structural extensions.
AirAsia co-founder Pahamin proposes plan to take over Malaysia Airlines
KUALA LUMPUR (July 3): A group of businessmen led by former AirAsia Group Bhd chairman Datuk Pahamin A Rajab, is said to have met Prime Minister Tun Dr Mahathir Mohamad this afternoon to express its interest in helping the government turn around the ailing national carrier Malaysia Airlines Bhd.
IHG partners Warisan City to offer Holiday Inn Sepang
KUALA LUMPUR (July 3): InterContinental Hotels Group (IHG) has signed a management agreement with Warisan City Development Sdn Bhd for a newbuild Holiday Inn in Sepang.
Damansara Realty's unit bags contract to build, manage parking facility in the Philippines
KUALA LUMPUR (July 3): Damansara Realty Bhd's indirect wholly-owned unit Metro Parking Management (Philippines) Inc (MPP) has received a lease contract to construct and manage a parking lot in Muntinlupa City, Philippines.
Utusan sells another apartment unit in Jakarta to fund VSS
KUALA LUMPUR (July 2): Utusan Melayu (Malaysia) Bhd has announced the sale of a second apartment unit in Jakarta to help fund its voluntary separation scheme (VSS).
