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  Eco World Development Group Bhd (June 17, 87.

KUALA LUMPUR (June 18): Jesselton Duty-Free, which boasts a retail space of 37,000 sq ft in the seafront mall of Jesselton Mall in Kota Kinabalu, Sabah, has opened its doors.

KUALA LUMPUR (June 18): Construction firm Kimlun Corp Bhd expects a 2% profit margin compression in anticipation of a RM90 or 45% hike in bulk cement prices.

KUALA LUMPUR (June 17): Damansara Realty Bhd is partnering the state investment arm of Negeri Sembilan — the Menteri Besar Negeri Sembilan (Inc) or MBNSI — to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan.

KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).

KUALA LUMPUR (June 17): Fugitive financier Low Taek Jho — better known as Jho Low — was mentioned again in today's SRC International Sdn Bhd proceedings.

KUALA LUMPUR (June 17): A spokesperson for Low Taek Jho through his lead US attorneys, issued a statement today saying claims former SRC International Sdn Bhd secretary Goh Gaik Kim is Low’s relative are demonstrably false.

PETALING JAYA (June 17): The cement price hike of close to 50% will spark a chain reaction in the construction and property development industry, which may likely lead to a property price increase of 10% to 15%.

KUALA LUMPUR (June 17): Two men linked to the 1Malaysia Development Bhd (1MDB) kleptocracy scandal have been convicted of financial crimes and sentenced to jail in Abu Dhabi, The Wall Street Journal reported yesterday, citing a statement from the emirate’s criminal court.

KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.