Tropicana Corp 2Q net profit down 18% on lower revenue
KUALA LUMPUR (Aug 23): Lower sales have dragged Tropicana Corp Bhd’s net profit for the second quarter ended June 30, 2018 (2QFY18) lower by 18.
Najib calls for inquiry into ECRL and pipeline projects
KUALA LUMPUR (August 24): Former prime minister Datuk Seri Najib Razak has asked the new government to establish a Royal Commission of Inquiry (RCI) into controversial China-linked projects — the East Coast Rail Link (ECRL) and two pipelines under the finance ministry-owned Suria Strategic Energy Resources Sdn Bhd, inked under his administration, after coming under fire for committing Malaysia to mega contracts perceived to be lopsided against it.
ECRL and HSR cost too much, mean too little — Liew Chin Tong
KUALA LUMPUR (Aug 23): The Kuala Lumpur-Singapore High Speed Rail (HSR) and the East Coast Rail Link (ECRL) projects cost too much and mean very little to Malaysia in terms of connectivity and regional strategy, according to Deputy Defense Minister Liew Chin Tong.
Tun Daim met with TTDI RA today, said sources
PETALING JAYA (Aug 23): It is learnt that former Malaysian Finance Minister and businessman Tun Daim Zainuddin has met up with Taman Tun Dr Ismail Residents Association (TTDI RA) to understand their concerns on the development which takes place at part of the land in Taman Rimba Kiara.
DONE DEAL: Commercial bungalow, Jalan Maarof, KL
Rented for: RM68,000 per month Concluded by: Sean Inn of Propstar Realty 012-2876 600 (REN 18479) When: June 2018 Noteworthy: ● Total built-up of 26,270 sq ft ● Four floors including a roof floor ● Comes with basement car park ● Rental started in July 2018 ● Comes with an elevator According to Propstar Realty senior negotiator Sean Inn, who concluded the rental deal, the corner bungalow lot was recently rebuilt from scratch and completed in September last year.
Knight Frank: KL luxury condo segment likely to improve
PETALING JAYA (August 23): An uptick in enquiries from potential buyers due to renewed confidence in the new government has been noted by property consultancy Knight Frank, and the luxury condominium segment in Kuala Lumpur is expected to see improvements this year In the first quarter of the year, 216 condominiums and apartment units changed hands.
Stalled Kepong sewerage project causing traffic congestion
KUALA LUMPUR (Aug 23): Unfinished work on a sewerage facility in Taman Beringin, Kepong has been giving residents there a big traffic headache.
Flexible work spaces help improve office glut
KUALA LUMPUR (August 23): A growing demand for co-working spaces and flexible working solutions in the region, including in Malaysia, is helpful in counteracting the current oversupply of commercial offices, said global workplace provider Regus.
Kepong MP urges government to freeze transactions of 19 land plots in KL
KEPONG (Aug 23): Kepong MP Lim Lip Eng will lodge a report with the Malaysian Anti-Corruption Commission to investigate 19 pieces of land owned by Yayasan Wilayah Persekutuan (YWP).
Klang motorists worry about traffic safety near LRT work site, says report
KUALA LUMPUR (Aug 23): Klang residents are concerned about the road safety near a LRT construction site in their city.
