Risen Energy's RM42.2b project offers local businesses chance to become part of global value chain, says Azmin
KUALA LUMPUR (June 24): Global solar company Risen Energy Co Ltd's RM42.
OCR Group commences arbitration proceedings on delay in construction project in Petaling Jaya
KUALA LUMPUR (June 24): OCR Group Bhd’s wholly-owned unit OCR Construction Sdn Bhd (OCRSB) has commenced arbitration proceedings against Kencana Amanjaya Sdn Bhd (KASB), following breaches of obligations concerning a delayed construction project in Petaling Jaya, Selangor.
AEON earmarks RM251m capex for FY21, aims to expand 13 new specialist stores
KUALA LUMPUR (June 23): AEON Co (M) Bhd has allocated RM251 million as capital expenditure (capex) for the year, with 40% of the budgeted amount to be allocated to further strengthen the group’s technology and IT infrastructure, according to the retail group’s managing director Shafie Shamsuddin.
CapitaLand's Ascott acquires properties in Paris and Hanoi for close to RM650m
SINGAPORE (June 22): The Ascott Ltd (Ascott), the wholly-owned lodging business unit of CapitaLand Ltd, has expanded its presence in Paris, France; and Hanoi, Vietnam, by acquiring two properties for about S$210 million (RM647 million), reported The Edge Singapore.
Rosli Dahlan: Sarawak Report's allegation of ties with CJ is criminal defamation
KUALA LUMPUR (June 21): Senior lawyer Rosli Dahlan (pictured) has lodged a police report denying a UK-based portal's claim about his purported relationship with the judiciary, especially Chief Justice Tun Tengku Maimun Tuan Mat.
IHH Healthcare associate Parkway Life REIT to expand into third key market
KUALA LUMPUR (June 21): IHH Healthcare Bhd’s indirect 35.
Mohd Azharuddin likely to be appointed CEO of Prasarana — sources
KUALA LUMPUR (June 20): Mohd Azharuddin Mat Sah (pictured), who is currently the chief transformation officer of Malaysia Airlines Bhd, could be appointed chief executive officer (CEO) of Prasarana Malaysia Bhd, sources said on condition of anonymity.
Report: Low interest rates ‘fuelling’ debt accumulation by households
KUALA LUMPUR (June 19): Historically low interest rates are “fuelling” debt in Malaysian households, “which have funnelled loans mainly to the purchase of residential properties and passenger cars”, The Edge Malaysia reported this week.
Case numbers and vaccination rates not enough to capture complexity of pandemic, says health coalition
KUALA LUMPUR (June 19): Insisting that the three criteria of case numbers, ICU bed utilisation and vaccination rates are not adequate to capture the complexity of the Covid-19 pandemic, the Malaysian Health Coalition (MHC) has called for additional KPIs to guide the National Recovery Plan.
Covid-19: Malaysia’s daily cases climb to 6,440 with 74 deaths
KUALA LUMPUR (June 18): Malaysia’s new daily Covid-19 cases climbed to 6,440 today — the highest number recorded since last Friday when there were 6,849 confirmed cases.
