Ekovest sells land in KL for RM67mil in related party transaction
Ekovest plans to use the proceeds arising from the disposal to reduce its debts and for working capital purposes.
Strong MCement, YTL Power performance lift YTL Corp 2Q profit six-fold to RM589 mil
Aside from YTL Power and MCement, YTL Corp has exposure to the hotels segment through YTL Hospitality REIT, where it holds a 55% direct and a 3.
E&O in talks with banks to raise RM1.5 bil for Andaman Island project
Earlier this year, the group raised RM255.
Radium Development records profit before tax of RM15.77 mil for 4QFYE2023
Radium Development also maintained a gross gearing ratio of 0.
Easy guide to filing rental income tax in Malaysia
Do you know that the income you receive from leasing out your properties is also taxable? Many mistakenly think that rental income is tax-free, consequently incurring penalties for under-reporting.
IPC Shopping Centre unveils new anchor tenant MR DIY Plus, more F&B offerings opening this year
Upcoming F&B tenants include Canton Boy, Mr Vegan, Pezzo Pizza, BabaBoy, BananaBro, Bread History & Sandwich Box, KPOP Madang, Taste of Medan, Noodle King House as well as a Western restaurant with a bar concept adjacent to Canton Boy.
Eastern & Oriental’s 3Q earnings rise to RM34m lifted by its property and hospitality segment
Going into 4QFY2024, E&O aims to launch another new product offering on Andaman Island, with 261 units of low-density luxury serviced apartments.
Citaglobal-Reneuco consortium wins 30-year concession to power up ECRL
The concession includes the development of power transmission and interconnection facilities valued at RM600 million, which is expected to be commissioned in stages by mid-2026.
KL Tower graft trial: Hydroshoppe director gets temporary release of passport for work engagements
Sessions Court judge Suzana Hussin ordered for the passport to be returned from Thursday to March 20, and for it to be returned before or on March 21.
KLK redesignates CEO Lee Oi Hian as executive chairman as Raja Muhammad Alias retires
Lee is also the chairman of KLK's controlling company, Batu Kawan Bhd.
