Plaza Arkadia wins FIABCI Malaysia Property Award for Mixed-use Developments
PETALING JAYA (Nov 5): Perdana Parkcity Sdn Bhd (ParkCity)’s Plaza Arkadia has bagged the inaugural Mixed-use Development award at the FIABCI Malaysia Property Award 2019.
Judge who issued open verdict over Beng Hock's case to be charged with corruption
KUALA LUMPUR (Nov 5): The Sessions Court judge, Azmil Muntapha Abas, who had presided as a coroner in the highly-charged inquest into the death political aide Teoh Beng Hock 10 years ago, will face a corruption charge tomorrow.
BNM holds interest rates at 3%
KUALA LUMPUR (Nov 5): Bank Negara Malaysia (BNM) today left its key interest rate unchanged, as it expects the country's economic growth to come in within projections this year and the pace sustained going into 2020.
Singapore agrees to suspend RTS again — until April 30 next year
KUALA LUMPUR (Nov 5): Singapore has agreed to a request by Malaysia to suspend the cross-border Rapid Transit System (RTS) link by a further six months until April 30, 2020.
Genting Malaysia unit buys 13.2 million Empire shares from Kien Huat
KUALA LUMPUR (Nov 5): Genting Malaysia Bhd's wholly-owned subsidiary Genting (USA) Ltd (GenUSA) had on Monday (Nov 4) purchased 13.
MACC's Latheefa: Probe into 16 Mindef land swap deals over 25 years 'very complex'
KUALA LUMPUR (Nov 5): The Malaysian Anti-Corruption Commission (MACC) investigations all 16 Ministry of Defence (Mindef) land swap deals that took place over the last quarter of a century “is set to be very complex”, Chief Commissioner Latheefa Koya said today.
Mara Digital Mall to be slightly more multiracial
KUALA LUMPUR (Nov 5): Mara Corp chairman Akhramsyah Muammar Ubaidah Sanusi wants Mara Digital Mall to step away from its racial issue origin by letting traders have more freedom in choosing suppliers and adopting new technology, Free Malaysia Today reported today.
MMAG to sell vacant industrial land in Klang for RM13m
KUALA LUMPUR (Nov 5): MMAG Holdings Bhd is planning to dispose of a piece of freehold vacant industrial land in Klang for RM13 million in cash to Acter Carton Enterprise Sdn Bhd.
Despite ‘zero governance’ of 1MDB-PetroSaudi JV, partnership continued to maintain ‘strategic relationship’
KUALA LUMPUR (Nov 5): The High Court here was told that the joint venture (JV) between 1Malaysia Development Bhd (1MDB) and PetroSaudi International (PSI) in 2009 had “zero governance”, yet the former persisted in partnering with the latter to preserve their “strategic relationship”, a witness said.
Most of the funds raised for TRX, Bandar Malaysia went to PSI instead, says Shahrol
KUALA LUMPUR (Nov 4): Former 1Malaysia Development Bhd (1MDB) chief executive officer Datuk Shahrol Azral Ibrahim Halmi (pictured, left) today revealed that most of the funds raised by the sovereign wealth fund intended to be utilised for the development of Tun Razak Exchange (TRX) and Bandar Malaysia had instead gone to PetroSaudi International Ltd (PSI).
