KUALA LUMPUR (July 13): Former Ministry of Education (MoE) secretary-general Datuk Seri Alias Ahmad admitted today that no action was taken against Jepak Holdings Sdn Bhd, including lodging a police report against it, when officers and ministry discovered there were allegations of cheating and alterations of the contract it signed for a solar hybrid project for Sarawak schools.
KUALA LUMPUR (July 13): Hong Leong Investment Bank Bhd (HLIB) said today most real estate developers under its coverage had notified the research firm of the likelihood of a property sales target revision in the near term as they contend with the impact of the Covid-19 pandemic-driven movement control order (MCO) in Malaysia.
KUALA LUMPUR (July 13): AmInvestment Bank Research has upgraded the building material sector to “Neutral” (from Underweight) and said it sees a mixed picture for the sector.
KUALA LUMPUR (July 13): The Malaysian retail industry recorded a negative growth rate of 11.
KUALA LUMPUR (July 12): The Ministry of Health (MoH) reported 14 new Covid-19 cases in the country as at noon today, raising the total number of cases to 8,718 so far.
KUALA LUMPUR (July 12): The Royal Pahang Durian Group (RPD) and its partner, Perbadanan Kemajuan Pertanian Negeri Pahang (PKPP), have come out with a mutually beneficial solution for all illegal farmers that are currently occupying its land in Raub, following Pahang’s proposed land legalisation scheme on July 9.
KUALA LUMPUR (July 12): Singapore-based Hatten Land Ltd had on Friday obtained a High Court restraining order for its subsidiaries MDSA Resources Sdn Bhd and MDSA Ventures Sdn Bhd to engage in a restructuring exercise.
KUALA LUMPUR (July 11): The Construction Industry Development Board (CIDB) has allocated a total of RM70 million to implement several strategic programmes aimed at boosting the capacity and capability of construction industry players who were affected by the movement control order (MCO).
KUALA LUMPUR (July 11): The High Court yesterday dismissed businessman Deepak Jaikishan's application for an interim injunction to bar Boustead Holdings Bhd and five others from engaging in any dealings concerning three plots of land measuring 223 acres in Kapar and Bukit Raja, Selangor.
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