Ex Vietnam MP jailed for stealing US$16m housing deposits
HANOI, VIETNAM (Oct 18): A former Vietnamese lawmaker has been sentenced to life in prison for fraud after she pocketed US$16 million (RM67.
Felda overpaid for Grand Plaza apartments, says Rafizi
KUALA LUMPUR (Oct 17): Opposition lawmaker Rafizi Ramli has alleged that the Federal Land Development Authority (Felda) had overpaid approximately RM180 million (about £30 million) for the £95.
IOI Properties' RM3b sukuk receives AAIS rating from MARC
KUALA LUMPUR (Oct 17): Malaysian Rating Corp Bhd (MARC) has assigned a preliminary rating of AAIS to the proposed RM3 billion sukuk by Fortune Premiere Sdn Bhd, a wholly-owned subsidiary of IOI Properties Group Bhd.
Designs for HSR stations revealed
PETALING JAYA (Oct 17): MyHSR Corporation (MyHSR Corp) has revealed the architectural concept designs for all seven stations for the Kuala Lumpur – Singapore High Speed Rail (KL-SG HSR) in Malaysia at the “MyStations — Transforming Malaysia” event today.
Sime Darby Property’s Elmina Green first phase 70% sold over weekend launch
PETALING JAYA (Oct 17): Sime Darby Property Bhd saw its latest launch — Elmina Green phase 1 — achieve a take-up rate of 70% over the weekend when it was launched on Oct 14.
AISB’s Kayu Ara land buy for RM20mil is fair and reasonable, says independent adviser
KUALA LUMPUR (Oct 17): Amalgamated Industrial Steel Bhd (AISB)’s proposal to acquire Parkwood Sdn Bhd, which will give it access to two parcels of land in Kayu Ara in Petaling Jaya, for RM19.
PM Najib: KL-Singapore HSR project to start in 2018
KUALA LUMPUR (Oct 17): Prime Minister Datuk Seri Najib Tun Razak said today Malaysia looks forward to commence the Kuala Lumpur-Singapore High Speed Rail (HSR) project by next year to enable operations to start in 2026.
CNQC deal seen to help Vivocom expand in construction
Vivocom International Holdings Bhd (Oct 16, 15 sen) Maintain buy call with a target price (TP) of 39.
