YTL Corp extends YTL Land privatisation offer deadline to Oct 7
KUALA LUMPUR (Sept 18): The deadline of YTL Corp Bhd's privatisation offer for YTL Land & Development Bhd has been extended again to this Oct 7 from Friday (Sept 20).
Najib asks for early break to seek treatment for eyes due to worsening haze
KUALA LUMPUR (Sept 18): Former premier Datuk Seri Najib Razak (caption) has asked for an early break in today's proceedings of the 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial to seek treatment for his eyes following the worsening haze engulfing the country.
Jho Low bandied about big names like Jordan's Queen Rania, U2's Bono, former Disney CEO for TIA, foundation, says defence
KUALA LUMPUR (Sept 18): The defence in Datuk Seri Najib Razak's 1Malaysia Development Bhd-Tanore (1MDB-Tanore) trial told the High Court here yesterday that fugitive financier Low Taek Jho had bandied about several big names as possible directors and trustees for the Terengganu Investment Authority (TIA) and its foundation.
Country Heights CEO resigns after failing to restructure debts
KUALA LUMPUR (Sept 18): Country Heights Holdings Bhd group chief executive officer (CEO) Datuk Low Kok Thai has resigned, just six months after being appointed to the post.
Matrix Concepts ventures into healthcare
PETALING JAYA (Sept 18): Matrix Concepts Holdings Berhad is venturing into the healthcare sector by signing a Management Agreement for operational management of the Pusat Hemodialysis Mawar’s (PHM) specialist hospital division, hemodialysis centre and clinics in Bandar Sri Sendayan, Negeri Sembilan.
Macquarie cuts Kerjaya Prospek Group's EPS forecast
KUALA LUMPUR (Sept 17): Macquarie Capital Securities (M) Sdn Bhd said today that it had cut its Kerjaya Prospek Group Bhd earnings per share (EPS) forecast by 18% for financial year ending Dec 31, 2019 (FY19) and 8% each for FY20 and FY21, in anticipation that the builder's property developer clients will extend project timelines to manage cash flow, amid the property market slowdown.
London’s Battersea Power Station Lit Up in celebration of Malaysia Day
PETALING JAYA (Sept 17): The iconic chimneys of Battersea Power Station (BPS) in London, United Kingdom, was emblazoned with the flags of both Malaysia and the United Kingdom on Malaysia Day.
Lebanese jeweller directed to pay RM75,000 security costs in RM60m suit against Rosmah
KUALA LUMPUR (Sept 17): The High Court has today directed Lebanese jeweller Global Royalty SAL to pay RM75,000 as security deposit, in its US$14.
Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism under Malaysia's proposed 10-year masterplan to reform the power industry.
Property developer fined RM1.5m for abetting Ku Nan in RM1m bribery case
KUALA LUMPUR (Sept 17): Businessman Datuk Tan Eng Boon (pictured, centre) was fined RM1.
