DBE Gurney to buy land for property development in Kinta, Perak for RM5.39m
KUALA LUMPUR (June 6): Integrated poultry DBE Gurney Resources Bhd plans to acquire a piece of leasehold land in Kinta, Perak for RM5.
Malaysia retail industry grew 2.6% in 1Q2018
KUALA LUMPUR (June 6): The Malaysia retail industry recorded a below-than-expected growth rate of 2.
Ekovest active, down 2.42% on no go for Pan Borneo joint venture
KUALA LUMPUR (June 6): Ekovest Bhd shares fell 2.
RM22b of compensation, penalty charges if ECRL cancelled
PETALING JAYA (June 6): If the government plans to terminate the East Coast Rail Link (ECRL) project, it will have to pay about RM22 billion in compensation and penalty charges, reported The Malaysian Insight.
Low construction visibility seen in medium term
Construction sector Maintain neutral: The Kuala Lumpur Construction Index plunged 26.
AWC’s plans to diversify into rail-related works hit snag
KUALA LUMPUR (June 6): AWC Bhd said it will proceed with the completion of its proposed acquisition of a 60% stake in Trackwork & Supplies Sdn Bhd for RM43.
BNM governor Muhammad Ibrahim expected to resign
KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Muhammad Ibrahim is expected to resign and former BNM deputy governor Datuk Nor Shamsiah Mohd Yunus is a likely replacement, according to sources.
BNM declines to comment on market talk of governor's resignation
KUALA LUMPUR (June 5): Bank Negara Malaysia (BNM) declined to comment on strong market talk that governor Tan Sri Muhammad Ibrahim (pictured) has submitted his resignation.
Matrix Concepts mulls affordable housing venture in Indonesia
PUTRAJAYA (June 5): Matrix Concepts Holdings Bhd is considering tapping into Indonesia’s affordable housing market within three years.
MACC raids DBKL HQ, seizes documents
KUALA LUMPUR (June 5): The Malaysian Anti-Corruption Commission (MACC) is currently seizing documents connected to the sale of 64 lots of Kuala Lumpur City Hall (DBKL) land from 2013 to 2018, reported the New Straits Times.
