Gadang 1Q net profit slips 10% on lower property sales
KUALA LUMPUR (Oct 24): Gadang Holdings Bhd’s net profit for its first quarter ended Aug 31, 2019 (1QFY20) fell 10% to RM14.
Special committee to have public consultations on IPCMC
KUALA LUMPUR (Oct 24): Parliament’s special select committee on the consideration of bills will have four public consultation sessions on the Independent Police Complaints and Misconduct Commission (IPCMC).
Exchange 106: First tenants expected to move in by December
KUALA LUMPUR (Oct 23): The developer of Exchange 106 at Tun Razak Exchange (TRX) expects the first tenants to move in by December this year, reported The Star today.
Shafee: Najib didn't file police report on RM42m deposit to avoid interfering with probe
KUALA LUMPUR (Oct 23): Datuk Seri Najib Abdul Razak's lawyer claimed today that the ex-premier did not file a police report in 2015, when he found out RM42 million from SRC International Sdn Bhd was deposited into his account, because he wanted to avoid being accused of interfering with ongoing investigations.
Khazanah: IHH stake sale done at 20% premium
KUALA LUMPUR (Oct 23): Khazanah Nasional Bhd’s stake divestment in private healthcare provider IHH Healthcare Bhd to Mitsui & Co Ltd as part of the sovereign fund’s portfolio restructuring, was done at a 20% premium.
Hong Kong: Where you find the planet's most expensive parking space
HONG KONG (Oct 23): This metropolis has been in the news over the past few months owing to the long running protests, riots and violence.
MEF: Minimum wage hike does not address high living cost issue
PETALING JAYA (Oct 23): The Malaysian Employers Federation (MEF) said the government's move to increase the minimum wage in major cities took the organisation by surprise as there was no consultation with the relevant stakeholders.
IHH reportedly in talks to sell two Indian assets
KUALA LUMPUR (Oct 23): IHH Healthcare Bhd is reportedly in talks to sell two of its major assets in India back to their original founder-promoters.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
ECRL's Mentakab-Port Klang alignment finalised: Anthony Loke
PORT KLANG (Oct 23): Alignment for the proposed 640km East Coast Rail Link's (ECRL) section C, which links Mentakab in Pahang to Port Klang in Selangor, has been finalised.
