News about ma

KUALA LUMPUR (Aug 13): Some creditors of Jepak Holdings Sdn Bhd have raised the issue of whether the High Court of Malaya has the jurisdiction to hear the company's application to be placed under judicial management.

KUALA LUMPUR (Aug 13): Singapore-listed property company Aspen (Group) Holdings Ltd has announced it will be teaming up with CMY Capital Sdn Bhd, an investment holding company founded by prominent businessman Tan Sri Chua Ma Yu, and another investor to diversify into the manufacture and distribution of rubber gloves.

KUALA LUMPUR (Aug 13): S P Setia Bhd has achieved RM875 million in sales for the first half-year ended 30 June 2020, with local projects contributing RM702 million, the company announced.

KUALA LUMPUR (Aug 13): Malaysia’s new ceiling price for three-ply face masks at RM1 per piece will be enforced beginning Saturday (Aug 15) in line with the government’s decision on the mandatory use of the item to curb the spread of the Covid-19 pandemic, Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Linggi said today.

KUALA LUMPUR (Aug 13): All Malaysians in Beirut, Lebanon, have so far been reported to be safe, although the number of casualties due to the massive explosion that shook the Lebanese capital last week has now reached 160 people while another 5,000 were injured and 60 are still reported missing.

PETALING JAYA (Aug 13): Bukit Aman CID director Comm Datuk Huzir Mohamed warned that stern action will be taken against illegal gambling syndicates and also the owners of premises who lease out their properties or buildings for illegal activities, reported The Star.

KUALA LUMPUR (Aug 12): A gradual recovery is underway in the retail industry, which is signalling Malaysian real estate investment trusts (REITs) in the retail space are set to see light at the end of the tunnel after the pandemic-induced slump.

KUALA LUMPUR (Aug 12): Former deputy prime minister Datuk Seri Dr Ahmad Zahid Hamidi handed over 92 cheques totalling more than RM76 million to Yayasan Al-Falah from 2016 to 2018 via law firm Lewis & Co, despite not being a trustee to the foundation, a partner with the law firm confirmed in court today.

PETALING JAYA (Aug 12): Short-term rental activities have contributed as much as RM3.

KUALA LUMPUR (Aug 11): Boustead Holdings Bhd confirmed that it has filed a suit at the High Court against its former managing director Tan Sri Che Lodin Wok Kamaruddin and five former directors, seeking £6.