KUALA LUMPUR (June 18): Datuk Seri Najib Razak's wife Datin Seri Rosmah Mansor came to the High Court here today to observe her husband's SRC International Sdn Bhd proceedings but was asked by the prosecution to leave the court room as she could be called in as a witness — which means she may have to testify against her husband.
KUALA LUMPUR (June 17): Damansara Realty Bhd is partnering the state investment arm of Negeri Sembilan — the Menteri Besar Negeri Sembilan (Inc) or MBNSI — to jointly develop a RM771 million mixed development in Bandar Sri Sendayan, Negeri Sembilan.
KUALA LUMPUR (June 17): It turns out that there were even more secret transactions involving SRC International Sdn Bhd funds that were concealed from its board of directors, including the application of a second RM2 billion loan from Retirement Fund (Incorporated) (KWAP).
KUALA LUMPUR (June 17): Fugitive financier Low Taek Jho — better known as Jho Low — was mentioned again in today's SRC International Sdn Bhd proceedings.
PETALING JAYA (June 17): The cement price hike of close to 50% will spark a chain reaction in the construction and property development industry, which may likely lead to a property price increase of 10% to 15%.
KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.
KUALA LUMPUR (June 17): Cement manufacturers said today that cement prices in Peninsular Malaysia, which have been falling since 2016, have reached a level that is not sustainable, amid the various cost increases the industry is facing.
KUALA LUMPUR (June 15): Some residents of Taman Midah, Kuala Lumpur, recently filed a second report with the Malaysian Anti-Corruption Agency MACC (pictured) against a property developer of a commercial project in their area, reported The Star.
KUALA LUMPUR (June 14): The defence lawyers in the SRC International Sdn Bhd trial decided to proceed with the testimony of its former chairman Tan Sri Ismee Ismail after all, following their scrutiny of his oral evidence transcript for alleged deviations from his witness statement.
KUALA LUMPUR: YTL Cement Bhd has increased its shareholding in Lafarge Malaysia Bhd to 76.
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