KPS unit buys Penang land to build EMS factory
KUALA LUMPUR (July 18): Kumpulan Perangsang Selangor Bhd's (KPS) indirect wholly-owned subsidiary CPI (Penang) Sdn Bhd is buying a 4.
‘We could save up to RM1b’ from Pan Borneo project, says Sabah minister
PETALING JAYA (July 17): Sabah infrastructure development minister Datuk Peter Anthony said in a statement that up to RM1 billion could be saved if the project was managed by the Works Ministry and State Infrastructure Development Ministry.
Another Umno man sued for defamation over Felda land affair
KUALA LUMPUR (July 17): Synergy Promenade Sdn Bhd (SPSB) is suing an ex-deputy minister in the Prime Minister’s department for RM100 million over defamatory statements made about the Kuala Lumpur Vertical City (KLVC) and land owned by Felda on Jalan Semarak, reported The Malaysian Insight news portal today.
‘E-commerce will complement physical stores’
KUALA LUMPUR (July 17): Retail Group Malaysia managing director Tan Hai Hsin believes that online retail will not replace physical retail stores.
Retail growth forecast revised upwards for 2018
KUALA LUMPUR (July 17): Retail Group Malaysia has revised Malaysia’s 2018 retail growth rate forecast from 4.
Guan Eng: LRT3 is a mini 1MDB scandal
KUALA LUMPUR (July 17): The light rail transit Line 3 (LRT3) project is a mini 1Malaysia Development Bhd (1MDB) scandal due to the opaque nature of the transactions pertaining to the megaproject, said Finance Minister Lim Guan Eng.
Mohd Sidek steps down as KLCC Stapled Group chairman
KUALA LUMPUR (July 16): Former Petroliam Nasional Bhd (Petronas) chairman Tan Sri Mohd Sidek Hassan has tendered his resignation as chairman and director of KLCC Property Holdings Bhd (KLCCP) and KLCC Real Estate Investment Trust (REIT).
Johor aims for at least 2,000 affordable homes this year
PETALING JAYA (July 16): The state government down south plans to build between 2,000 and 3,000 units of Johor Affordable Homes (RMMJ) this year.
