E&O says Tee Eng Ho redesignated as executive chairman
KUALA LUMPUR (May 12): Eastern & Oriental Bhd (E&O) announced today Datuk Tee Eng Ho’s redesignation as the property developer’s chairman from director previously besides other board members’ resignations due to the takeover offer by Amazing Parade Sdn Bhd, in which Tee has a stake.
Sri Ram says no conflict of interest in acting for Wong & Partners in 1MDB civil suit
KUALA LUMPUR (May 12): Former Federal Court judge Datuk Seri Gopal Sri Ram (pictured) has said there is no conflict of interest in him representing law firm Wong & Partners and its partner Brian Chia Hock Gee against a US$1 billion suit filed against them by 1Malaysia Development Bhd (1MDB).
Maybank says Malaysian economic rebound on track but risk tilted to downside on MCO
KUALA LUMPUR (May 12): Maybank Investment Bank Bhd economists said today while the outlook of the Malaysian economy rebounding in 2021 is on track, the risk to growth remains tilted to the downside due to the latest round of the Covid-19-driven movement control order (MCO 3.
DONE DEAL: Condominium unit in The Sentral Residences, Kuala Lumpur
Read also DONE DEAL: Atria SoFo unit in Damansara Jaya, Petaling Jaya, Selangor DONE DEAL: Double-storey terraced house in Taman OUG, Kuala Lumpur The Sentral Residences is situated within a self-contained live-work-play environment of KL Sentral – Malaysia’s main transportation hub.
DONE DEAL: Condominium in Desa Kiara, TTDI, Kuala Lumpur
Read also DONE DEAL: Atria SoFo unit in Damansara Jaya, Petaling Jaya, Selangor DONE DEAL: Double-storey terraced house in Taman OUG, Kuala Lumpur Designed and built in 2007, Desa Kiara Condominium in Taman Tun Dr Ismail (TTDI), Kuala Lumpur, has stood tall and stately all these years.
Health DG: MCO 3.0 needed amid jump in sporadic infections, presence of worrying Covid-19 variants
KUALA LUMPUR (May 12): Health Ministry director-general Tan Sri Noor Hisham Abdullah (pictured) said 80% of new Covid-19 cases recorded in the country lately have been sporadic infections that are not linked directly with any identified Covid-19 infection clusters.
Careplus buys Seremban property for RM35.5m from Rapid Synergy
KUALA LUMPUR (May 11): Careplus Group Bhd said it is acquiring a piece of land in Oakland Industrial Park, Seremban for RM35.
Sri Ram to personally defend his appointment as prosecutor in Rosmah's graft trial
KUALA LUMPUR (May 11): Datuk Seri Gopal Sri Ram (pictured) wants to defend his appointment as lead prosecutor in the corruption trial of Datin Seri Rosmah Mansor, who is seeking to remove him from the trial in which she is accused of soliciting and receiving millions of ringgit in bribes.
Borrowers should engage with banks to seek right advice on repayment assistance — BNM Governor
KUALA LUMPUR (May 11): Loan moratorium may not be the best solution for all borrowers as they should engage with banks to seek the right advice to suit the borrowers’ circumstances and best interest, according to Bank Negara Malaysia (BNM) Governor Datuk Nor Shamsiah Mohd Yunus (pictured).