Mah Sing buys Wangsa Melawati land for RM61m
KUALA LUMPUR (Aug 6): Mah Sing Group Bhd has acquired a 4.
Najib applies to strike out RM52.6m suit by Deepak over RM198.9m Bank Rakyat loan debacle
KUALA LUMPUR (Aug 5): Former prime minister Datuk Seri Najib Razak, his wife, his brother and two others have applied to strike out the RM52.
Kylie Jenner books Equanimity for birthday bash
PETALING JAYA (Aug 5): Kylie Jenner (of the Kardashians) has booked the superyacht Equanimity (recently renamed Tranquility) to celebrate her 22nd birthday.
Court of Appeal dismisses application to postpone 1MDB trial
PUTRAJAYA (Aug 5): The Court of Appeal today dismissed an application by both the prosecution and defence to postpone Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB) or the Tanore trial, which is scheduled to begin on Aug 19.
HLIB: More US-China trade tensions could prompt OPR cut to 2.75% — lowest since March 2011
KUALA LUMPUR (Aug 5): Further escalation on trade tensions between the US and China could prompt Bank Negara Malaysia (BNM) to cut interest rates again as early as November — bringing them down to levels not seen since March 2011 — to mitigate any impact on domestic growth, said Hong Leong Investment Bank (HLIB).
Dr M should finish a full term in office: Zuraida
KUALA LUMPUR (Aug 3): Tun Dr Mahathir Mohamad should finish a full term as prime minister, said PKR vice-president Zuraida Kamaruddin, The Star reported today.
MRCB bags RM150m contract to supply chilled water to office building in Kwasa Damansara
KUALA LUMPUR (Aug 3): Malaysian Resources Corporation Bhd’s (MRCB) subsidiary has bagged a chilled water supply contract worth an estimated RM149.
BNM may cut OPR again if there is further rate cut by Fed, says MARC
KUALA LUMPUR (Aug 3): A further reduction in interest rate by the US Federal Reserve in the second half of the year (2H2019) will provide more room for Bank Negara Malaysia (BNM) to adjust the overnight policy rate (OPR) downward again, says Malaysian Rating Corp Bhd (MARC).
Sime Darby Property secures 72% take-up for Laman Lakeside in Klang
KUALA LUMPUR (Aug 3): Sime Darby Property Bhd, the country's largest property developer by land bank, saw 72% of the 24 semi-detached homes on offer at its Laman Lakeside development in Bandar Bukit Raja, Klang, Selangor taken up when it was unveiled to the public last weekend.
BNM freezes 35 bank accounts, seizes RM4m of cash and properties in joint operation
KUALA LUMPUR (Aug 3): Eight premises related to Magmatrans (M) Sdn Bhd, Vonstar Resources Sdn Bhd and Vonstar Sdn Bhd in the Klang Valley and Penang were raided during a joint operation involving Bank Negara Malaysia (BNM), the Royal Malaysia Police and the Immigration Department Malaysia yesterday.
