KUALA LUMPUR (July 26): Public Bank Bhd announced yesterday that it will reduce its base rate (BR) and base lending rate (BLR) or base financing rate by 23 basis points (bps) from tomorrow onwards, following Bank Negara Malaysia’s (BNM) move to cut the overnight policy rate by 25 bps to 3%.
Tiong Nam Logistics Holdings Bhd(July 25, RM1.
LONG-established Concorde Hotel Kuala Lumpur — which is linked to Sultan of Selangor Sultan Sharafuddin Idris Shah, entrepreneur Tan Sri Syed Yusof Syed Nasir and Singaporean tycoon Ong Beng Seng — may be torn down to make way for a multibillion-ringgit integrated project, documents show.
PETALING JAYA (July 25): Mah Sing Foundation, a charitable trust established by Mah Sing Group Bhd, has contributed RM42,000 to build a home for an orang asli family in Kampung Serendah via social enterprise EPIC Homes.
SINTOK (July 25): Universiti Utara Malaysia (UUM), through a subsidiary of Uniutama Management Holdings Sdn Bhd (UMHSB), is taking over several hotels in the Klang Valley and Penang.
KUALA LUMPUR (July 25): The slowdown in the property sector has prolonged for over a year.
SICKNESS is no deterrent for managing director and principal of Huttons One World, Aine Lee to succeed in the real estate industry.
GEORGE TOWN (July 22): The Gamuda Bhd-led SRS Consortium confirmed that the initial cost of RM27 billion for the Penang Transport Master Plan (PTMP) has ballooned to an estimated RM46 billion, after additional components were added by Seberang Perai Municipal Council (MPSP).
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