Witness insists Teras Dara Konsortium companies were under Jamaluddin Jarjis’ control
KUALA LUMPUR (Aug 15): Mohamad Najeb Ali, the first witness in the late Tan Sri Jamaluddin Jarjis’ family dispute, insisted that the group of companies under Teras Dara Konsortium Sdn Bhd (TDK) were run by the late Minister.
George Kent, MRCB say LRT3 project funding dispute is over priority of options
KUALA LUMPUR (Aug 16): Both George Kent (Malaysia) Bhd and Malaysian Resources Corp Bhd (MRCB) yesterday clarified that the dispute between them over the financing requirements for their joint venture (JV) company that is undertaking the Light Rail Transit 3 (LRT3) project is to do with the priority of funding options.
Damansara Realty's 2Q earnings lifted by JV project, lower expenses
KUALA LUMPUR (Aug 15): Damansara Realty Bhd recorded improved second quarter earnings, thanks to lower operating expenses and contribution from its joint venture (JV) development in Central Park, Johor Bahru.
Riza Aziz’s three luxury homes may be sold to recover 1MDB funds
KUALA LUMPUR (Aug 15): As part of efforts to recover money that was allegedly stolen from the 1Malaysia Development Bhd (1MDB) fund, US prosecutors are seeking to sell three luxury homes that are linked to Riza Aziz, Datuk Seri Najib Razak's stepson.
French authorities open criminal probe into Nora Anne's death
KUALA LUMPUR (Aug 15): The Paris prosecutor's office has opened a criminal probe into the death of Nora Anne Quoirin (pictured), 15, who was found dead on Monday in the jungles near a forest resort in Seremban, reported Reuters yesterday.
Cypark bags RM12.53m road construction contract
KUALA LUMPUR (Aug 15): Cypark Resources Bhd has bagged a contract worth RM12.
DONE DEAL: Semi-detached house, Semantan Villas, Damansara Heights, KL
Rented for: RM15,540 per month (around RM3.
T7 Global, Advancecon in partnership to tap on ECRL
KUALA LUMPUR (Aug 14): Oil and gas service provider T7 Global Bhd has teamed up with Advancecon Holdings Bhd to explore business opportunities pertaining to the RM44 billion East Coast Rail Link (ECRL) project.
1MDB trial: Four things that could happen on or before Aug 19
KUALA LUMPUR (Aug 14): While the Federal Court dismissed Datuk Seri Najib Razak’s bid to postpone the 1Malaysia Development Bhd (1MDB) case from beginning on Monday (Aug 19), it remains unclear whether the trial will indeed commence on that date.
