Open tender system for outdoor ads starting 2019
KUALA LUMPUR (Nov 13): Starting in 2019, all applications for outdoor advertisements will be conducted through an open tender system.
Govt should promote rent-to-own concept to boost homeownership
KELANA JAYA (Nov 13): The Housing and Local Government Ministry (KPKT) should take the initiative to work with the private sector to promote the rent-to-own concept or other alternatives to encourage homeownership without over-stretching the finances of individuals instead of increasing affordable housing supply, said Socio-Economic Research Centre (SERC) executive director Lee Heng Guie.
Viral photo of car trapped in flooded tunnel damaged our reputation, says SMART
PETALING JAYA (Nov 13): SMART (Stormwater Management and Road Tunnel) said the recent viral photo of a car trapped in a flooded tunnel that was assumed to be the SMART tunnel was incorrect.
S’pore-listed Thomson Medical to spin off property business
KUALA LUMPUR (Nov 13): TMC Life Sciences Bhd said its parent, Singapore-listed Thomson Medical Group Ltd (TMG), plans to spin off its real estate business to its existing shareholders via a distribution in specie by way of a capital reduction of S$155.
MRCB shares at 2-month high on anticipation of lower gearing
KUALA LUMPUR (Nov 13): Shares in Malaysian Resources Corp Bhd (MRCB) surged as much as 9% to hit an intraday high of 83 sen yesterday — its highest level in two months as investors reacted positively to a RM1.
Segambut MP lodges report over 29 violations of KL City Plan in her constituency
KUALA LUMPUR (Nov 12): Segambut lawmaker Hannah Yeoh (pictured) lodged a report with the Malaysian Anti-Corruption Commission (MACC) last week about 29 violations of the recently gazetted Kuala Lumpur City Plan (KLCP) 2020 in her constituency, reported The Star.
Finance Minister says new homeownership platform provides another option
KUALA LUMPUR (Nov 12): Finance Minister Lim Guan Eng today explained that the new homesownership platform initiative provides Malaysians with another option towards owning a home.
MRCB enters into RM1.32b concession termination agreement with government for EDL
KUALA LUMPUR (Nov 12): Malaysian Resources Corp Bhd (MRCB)’s indirect wholly-owned subsidiary MRCB Lingkaran Selatan Sdn Bhd(MLSSB) (MLSSB) has entered into a termination and settlement agreement with the government, in relation to the Concession Termination of the Eastern Dispersal Link Expressway (EDL).
FT minister: Viral photos of SMART Tunnel flooding untrue
KUALA LUMPUR (Nov 12): Photos of the SMART Tunnel flooding which went viral on social media yesterday are untrue, Federal Territories Minister Khalid Abdul Samad (pictured) said today, reported the Malay Mail.
PAC to set a date for 1MDB proceedings tomorrow
KUALA LUMPUR (Nov 12): The Public Accounts Committee (PAC) will hold a meeting tomorrow (Nov 13) to discuss the date for proceedings to start, pertaining to the reinvestigation of 1Malaysia Development Bhd (1MDB).
