Ikhmas Jaya served winding-up petition by Ipmuda for owing RM2.97m
KUALA LUMPUR (Sept 26): Ikhmas Jaya Group Bhd and its wholly-owned unit Ikhmas Jaya Sdn Bhd (IJSB) have been served with a winding-up petition from Ipmuda Bhd for owing RM2.
DONE DEAL: Semi-detached house, Taman Megah, Petaling Jaya
Sold for: RM2,550,000 (average RM2.
Shafee: ‘If RM5b IMTN was suspended, Malaysia’s ratings would have been affected’
KUALA LUMPUR (Sept 26): Datuk Seri Najib Razak’s senior counsel said that the suspension of the RM5 billion Islamic medium term notes (IMTN) issuance would have negatively impacted Malaysia’s ratings, which was why the former premier had decided to go on with the issuance.
Vanke Service eyes Malaysia property management industry
SHENZHEN (Sept 26): China's first property management services provider Vanke Service Development Co.
Vanke commits to preserving Bukit Nanas
BEIJING (SEPT 25): Vanke Holdings (Malaysia) Sdn Bhd is committed to working with the Malaysian government to preserve the Bukit Nanas Forest Reserve by providing resources including the relevant technology and technical help.
Budget 2020 to lighten pressure on BNM to pursue another rate cut in 2019 — UOB
KUALA LUMPUR (Sept 25): UOB Group anticipates Bank Negara Malaysia (BNM) to remain patient before making further interest rate adjustments as the nation's Budget 2020, which is expected to include expansionary measures to support the economy, will lighten the pressure on BNM to pursue another rate cut in 2019.
Goldman Sachs aims return 1MDB money and move on
BEIJING (Sept 25): Goldman Sachs Group Inc wants to help return money allegedly stolen from the Malaysian people through the 1MDB fraud case and resolve its entanglements with the affair, a senior bank executive said.
We aim to bring Jho Low in by end of year: Police
KUALA LUMPUR (Sept 25): Inspector-General of Police Datuk Seri Abdul Hamid Bador said today the police know where to find fugitive financier Low Taek Jho, better known as Jho Low, and hope to bring him back by the end of the year.
Budget 2020: Hong Leong sees RM4b contingency plan in the offing
KUALA LUMPUR (Sept 25): Hong Leong Investment Bank Bhd says Malaysia's Budget 2020 may include a RM4 billion contingency plan to cushion the nation's economic growth from the prolonged US-China trade tension.
SC registers EdgeProp as first property crowdfunding operator in Malaysia
PETALING JAYA (Sept 25): EdgeProp Sdn Bhd (EdgeProp) has been registered by the Securities Commission Malaysia (SC) as the first recognised market operator to establish and operate a property crowdfunding (PCF) platform in Malaysia, following the revision of the SC’s Guidelines on Recognised Markets in May 2019.
