Daiman hits limit up after receiving privatisation offer
KUALA LUMPUR (Aug 28): Daiman Development Bhd shares rose as much as 65 sen or 30% to RM2.
Sources: KL Mayor has been asked to resign
KUALA LUMPUR (August 28): Kuala Lumpur mayor Tan Sri Mohd Amin Nordin Abd Aziz has reportedly been asked to resign from his post, the tenure of which is supposed to end July 18 next year.
Country Garden shares see-saw over Dr M’s foreign property ownership ban, says report
KUALA LUMPUR (Aug 28): Country Garden Holdings’ shares “see-sawed” yesterday after Malaysian Prime Minister Tun Dr Mahathir Mohamad announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor.
Mahathir: Companies offer to build ECRL for RM10 billion
PETALING JAYA (August 28): Dr Mahathir Mohamad said that other parties have offered to build the East Coast Rail Link (ECRL) for as low as RM10 billion, a stark contrast to the current RM55 billion price tag.
It's curtains for the last Rock Corner in Malaysia
PETALING JAYA (Aug 28): The last Rock Corner music store is shuttering on Sept 2 after a 28-year run, reported The Star.
Sunsuria 3Q net profit falls 20% on lower revenue
KUALA LUMPUR (Aug 28): Sunsuria Bhd's net profit fell 20% to RM25.
Land & General’s 1Q profit drops 92% to RM1.8m
KUALA LUMPUR (Aug 28): Land & General Bhd’s first quarter net profit dropped 92% to RM1.
WCT Holdings 2Q net profit doubles on higher construction billings
KUALA LUMPUR (Aug 28): WCT Holdings Bhd's net profit doubled to RM43.
Major shareholders propose privatisation of Daiman Development
KUALA LUMPUR (Aug 28): The major shareholders of Daiman Development Bhd have proposed to undertake a selective capital reduction (SCR) and repayment exercise to take the company private at RM3 a share or RM295.
Vertice bags RM27m Desaru subcontract work
KUALA LUMPUR (Aug 28): Vertice Bhd, formerly known as Voir Holdings Bhd, has bagged a RM27.
