Paramount Corp 1Q net profit down 11.46% as education division sees lower earnings
KUALA LUMPUR (May 24): Paramount Corp Bhd’s first quarter net profit dropped 11.
Sarawak Economic Development Corp buys Aussie cattle property for A$20m: Report
KUALA LUMPUR (May 22): A report by Australian broadcaster ABC News revealed that Sarawak Economic Development Corp-owned Rosewood Station recently bought “a cattle property on the floodplains east of Darwin” for A$20 million (RM57.
France trims graft charges against Abdul Razak Baginda
PARIS (May 22): France has dropped some of the charges against an associate of former Malaysian prime minister Najib Razak over alleged kickbacks paid on a major submarine deal, judicial sources said Monday.
MPSP: Infrastructure development plan to be hastened
BUTTERWORTH (May 21): The Seberang Prai Municipal Council (MPSP) will speed up its infrastructure development plan following its upgrade to city council status.
Report: RM300m paid for US-made helicopters that were never delivered
KUALA LUMPUR (May 20): RM300 million was paid for helicopters that were never delivered to the Royal Malaysian Army, a source close to investigations into allegations of corruption and mismanagement in the purchase of defence assets was reported as saying.
C4 to present corruption findings on Taman Rimba Kiara to FT minister
PETALING JAYA (May 20): The Centre to Combat Corruption and Cronyism (C4), a graft watchdog is reportedly looking to submit findings on alleged corruption in the Taman Rimba Kiara redevelopment project to Federal Territories Minister Khalid Samad.
Police unearth link between Jho Low and jewels found at Najib-linked apartments
The Edge reports that the police have established a connection between fugitive businessperson Jho Low and jewellery that was seized from apartments linked to former prime minister Najib Abdul Razak.
Ample supply of affordable homes but not in the right location, says Zerin
KUALA LUMPUR: The property market has a more than sufficient supply of affordable housing, but what is insufficient are the “right housing products” to cater to the high demand for affordable homes, says real estate agency Zerin Properties managing director and CEO Previndran Singhe.
Perak lawmaker denies sexual harassment allegation
KUALA LUMPUR (May 18): It has been revealed that Sungai Siput MP S Kesavan was the lawmaker accused of sexual harassment and he has also denied the allegations.
