Tabung Haji should come clean on land deal with 1MDB, says DAP

PETALING JAYA (May 7): Lembaga Tabung Haji (LTH) chairman Datuk Abdul Azeez Abdul Rahim (pictured, below) should clear the air over reports that the pilgrims’ fund had allegedly bailed out debt-laden 1Malaysia Development Bhd (1MDB) by forking out RM722 million for two plots of land in Kuala Lumpur city centre, said DAP.

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Deadline delayed for high-speed rail link

PETALING JAYA: Singapore and Malaysia have decided to postpone the 2020 deadline for the completion of a high-speed rail (HSR) link between the city state and Kuala Lumpur, said their prime ministers on May 5, reported The Edge Financial Daily citing a Reuters report.

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Five developers qualify for Kwasa Land’s RFP

PETALING JAYA: Kwasa Land Sdn Bhd, a unit of the Employees Provident Fund and master developer of Kwasa Damansara in Sungei Buloh, has approved five tier-2 developers for its next Request for Proposal (RFP), R2-1, reported Bernama.

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HLIB conservative on UEM Sunrise profits

PETALING JAYA: Research house Hong Leong Investment Bhd (HLIB) maintained its conservative forecast of UEM Sunrise Bhd's profit for the financial year 2015 (FY2015), according to a report in The Edge Financial Daily today.

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