MGB bags piling and building works worth RM215m

KUALA LUMPUR (July 16): Industrialised Building System (IBS) precast manufacturer MGB Bhd (formerly known as ML Global Bhd) has secured an RM215 million contract from its major shareholder LBS Bina Group Bhd's subsidiary to deliver the piling and building works for a housing development project in Kuala Selangor.

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Berjaya Media to be delisted on Friday

KUALA LUMPUR (July 15): Berjaya Media Bhd (BMedia) will be delisted from the Main Market of Bursa Malaysia on Friday after Bursa Securities dismissed its appeal for an extension of time to submit its regularisation plan.

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Pandemic puts downward pressure on office rents and occupancy

KUALA LUMPUR (July 14): Knight Frank Malaysia expects the Covid-19 pandemic to exert downward pressure on rental and occupancy levels in the oversupplied Klang Valley office market as the gap between supply and demand continues to widen amid weaker office demand and shrinking pool of tenants, it said in its latest Real Estate Highlights for 1H2020.

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Speaker deems comments by Baling MP 'offensive', demands apology

KUALA LUMPUR (July 14): Before the parliamentary sitting kicked off with the Minister's Question Time, newly appointed Dewan Rakyat Speaker Datuk Azhar Azizan Harun addressed the commotion yesterday amid alleged racist and sexist remarks by Datuk Seri Abdul Azeez Abdul Rahim (BN-Baling).

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Muji USA files for bankruptcy

    PETALING JAYA (JULY 13): Muji USA Ltd, the US unit of the  Japan-based lifestyle and apparel brand has filed for bankruptcy in the state of Delaware on July 10.

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