Three more ministers to be appointed after being made senators, says PM
KUALA LUMPUR (July 2): Three more ministers will only be appointed after they have been have been sworn in as senators, the Prime Minister Tun Dr Mahathir Mohamad said today.
TA suspends trading of shares pending material announcement
KUALA LUMPUR (July 2): Shares of TA Enterprise Bhd, which has interest in financial services, property and hospitality, was suspended from 10:32am today, ahead of the release of a material announcement.
Sabah wants total ban on sand mining and dredging in Keningau
KUALA LUMPUR (July 2): Sabah’s of Agriculture and Food Industry ministry wants a total and immediate ban on sand mining and dredging activities in Keningau.
FY18 to see flat profit growth despite stronger 9M — Titijaya
KUALA LUMPUR (July 2): Developer Titijaya Land Bhd may have achieved a marginally stronger performance in its first nine months of the 2018 financial year (FY18), but the group is not expecting its earnings to improve by much for the full year, due to the prevailing weak buying sentiment, according to deputy group managing director Lim Poh Yit.
Bina Puri hopes to sustain momentum despite property slump
KUALA LUMPUR (July 2): Construction company Bina Puri Holdings Bhd is hoping to sustain last year’s financial performance at the very least, given that the property market remains tepid, while drastic cost cuts by the new Pakatan Harapan government have derailed several key projects.
Negeri Sembilan aims to build aviation hub
PETALING JAYA (July 1): Negeri Sembilan plans to develop an aviation hub as the state government is confident that it will benefit the economy at the local and national level, reported Bernama.
MRL would not have signed ECRL contract if it could, said sources
PETALING JAYA (June 30): Malaysia Rail Link Sdn Bhd (MRL), the owner of the East Coast Rail Link (ECRL) project, would not have signed the papers for the project out of its own volition, sources told The Star.
Wahid Omar taking “short break” to spend time with family
PETALING JAYA (June 30): Former Permodalan Nasional Bhd (PNB) group chairman Tan Sri Abdul Wahid Omar will take a “short break” to spend time with his family after 17 years of working in government-linked companies (GLC).
Agile aims to launch RM12.6 bn projects in Malaysia over next three years
KUALA LUMPUR (June 30): China’s Agile Group is aiming to launch projects in Malaysia with GDV of RM12.
Pasarakyat’s Jho Low connection
PETALING JAYA (June 30): Ladang Impian 1 Sdn Bhd (LI1SB) which held a 15-year lease upon on the four acres upon which Pasarakyat was located, was paid RM35 million to terminate its lease seven years ahead of its expiry on January 1 this year, reported The Edge weekly.
