News about ng

KUALA LUMPUR (Jan 25): Builder and property developer Ireka Corp Bhd has teamed up with two Chinese firms to look at introducing the autonomous rail rapid transit (ART) system in Malaysia, as it seeks to diversify into the urban transportation and logistics businesses.

KUALA LUMPUR (Jan 25): The High Court has ordered the founder and director of WCT Bhd (now known as WCT Holdings Bhd), Chan Soon Huat, to pay a RM3.

KUALA LUMPUR (Jan 25): Property developer Hua Yang Bhd slipped into the red in the fiscal third quarter ended Dec 31, 2017 (3QFY18), posting a net loss of RM957,000 compared with a net profit of RM10.

PETALING JAYA (Jan 24): 1 Utama Shopping Centre has officially opened and launched the first phase of 1 Utama E, the newest extension to the mall which adds an additional 592,015 sq ft of gross built-up area (164,687 sq ft net lettable area) to the mall’s existing 5 million sq ft.

KUALA LUMPUR (Jan 24): Boustead Plantations Bhd (BPB) plans to sell plantation land to pay off debts and tax.

KUALA LUMPUR (Jan 24): Yong Tai Bhd is optimistic that its first-of-its-kind theatre, Encore Melaka, will deliver consistent revenue and earnings for the group.

KUALA LUMPUR (Jan 24): Eco World Development Group Bhd will hold off on launching any sizeable projects this year as it focuses on strengthening its balance sheet and consolidating its landbank.

KUALA LUMPUR (Jan 24): Axis Real Estate Investment Trust (Axis REIT) said it is aiming to achieve RM292 million worth of industrial asset acquisitions this year.

KUALA LUMPUR (Jan 24): Piling and foundation specialist Econpile Holdings Bhd said it is eyeing the Malaysian infrastructure sector to secure more projects.

PUTRAJAYA (Jan 24): The Magistrate’s Court here today issued an order to remand an engineering consultant for five days up to Jan 28 to assist the Malaysian Anti-Corruption Commission (MACC) in their probe into the planned undersea tunnel project in Penang, Bernama reported today.