GFM Services seeks to raise RM19.75m via private placement
KUALA LUMPUR (Jan 8): GFM Services Bhd has proposed to raise up to RM19.
MoF extends deadline to take over Gamuda's highways for the third time
KUALA LUMPUR (Dec 20): The deadline to complete negotiations on the acquisition of four highway concessions by Minister of Finance (Incorporated) [MoF Inc] for a total enterprise value of RM6.
Goldman-1MDB case transferred to High Court
KUALA LUMPUR (Dec 16): The 1Malaysia Development Bhd (1MDB) US$6.
Najib: SRC should have brought money back to Malaysia, not me
KUALA LUMPUR (Dec 11): Former prime minister Datuk Seri Najib Razak contended that it was the responsibility of the management in SRC International Sdn Bhd to retrieve the funds back from the company's frozen bank account in Switzerland, not him.
Decisions to seek initial RM3.95b KWAP loan made before SRC directors formally appointed
KUALA LUMPUR (Dec 11): The decisions regarding the initial loan application to Retirement Fund Incorporated (KWAP) amounting to RM3.
Menang Corp posts loss in 1Q due to land clearing and earthworks expenses, corporate exercises
KUALA LUMPUR (Nov 29): Menang Corp (M) Bhd posted a net loss of RM503,000 in the first quarter ended Sept 30, 2019, compared with a net profit of RM967,000 in the corresponding quarter last year.
Developers should confirm their EOT approvals with KPKT minister
PETALING JAYA (Nov 28): Many a property developer may be shivering in their boots following the recent Federal Court ruling that the Housing Controller under the Housing and Local Government Ministry (KPKT) does not have power to grant Extension of Time (EOT) approvals to them.
Poverty can be eradicated, but we need to be Malaysians first: Daim
KUALA LUMPUR (Nov 27): Poverty in the country can be eradicated, but the people need to “think that they are Malaysians first” and not place too much importance on race, says former finance minister Tun Dr Daim Zainuddin.
KPS Consortium claims RM59.7m damages over alleged breach of contract in Rawang
KUALA LUMPUR (Nov 25): KPS Consortium Bhd is suing property developer Nautical Wealth Sdn Bhd and two individuals for an alleged breach of the development agreement (DA) for a project in Rawang.
OPR cut not a preset course, says BNM
KUALA LUMPUR (Nov 15): Bank Negara Malaysia (BNM) said the reduction of the statutory reserve requirement (SRR) ratio, from 3.
