Guocoland unit sells Melaka land for RM119.26m
KUALA LUMPUR (Jan 4): Guocoland (Malaysia) Bhd said its 68%-owned GLM Emerald Industrial Park (Jasin) Sdn Bhd (GLM EIPJ) is selling a parcel of land in Jasin, Melaka for RM119.
Najib seeks stay of proceedings in Pua's misfeasance in public office suit
KUALA LUMPUR (Jan 2): Former prime minister Datuk Seri Najib Abdul Razak wants a stay of proceedings in the misfeasance in public office suit filed by Damansara MP Tony Pua Kiam Wee in January 2017, in relation to the 1Malaysia Development Bhd (1MDB) fiasco.
Hiap Huat buys land in Pulau Indah for new waste treatment plant
KUALA LUMPUR (Dec 31): Hiap Huat Holdings Bhd is buying 4.
Axis REIT to buy Bukit Raja property for RM37m
KUALA LUMPUR (Dec 25): Axis Real Estate Investment Trust (Axis REIT) is acquiring a piece of land siting two blocks of factory and a double-storey office building at the Bukit Raja Industrial Area, Selangor from Lion Steelworks Sdn Bhd for RM37 million – about 5% lower than its market value.
Development land and industrial properties – star performers in 2019
PETALING JAYA (Dec 23): Property consultancy Knight Frank Malaysia has listed development sites and industrial properties as the star performers in Malaysia's commercial property segment in 2019 based on their decent transaction value growth.
Najib admits he may have signed meeting minutes about Article 117's inclusion
KUALA LUMPUR (Dec 19): Datuk Seri Najib Abdul Razak admitted today that he may have signed the Minister of Finance Inc (MoF Inc) shareholders meeting minutes to have Article 117 included in SRC International Sdn Bhd's memorandum of articles of association (M&A).
Najib didn't know balance but had a sense there's money in his account
KUALA LUMPUR (Dec 19): Former Prime Minister Datuk Seri Najib Abdul Razak said he had a 'sense' that there's money in his private account without checking his account balance when he wrote a cheque amounting to RM2.
Najib ordered appointment of SRC directors, transfer of RM1.8b even before 1MDB’s board approval secured
KUALA LUMPUR (Dec 18): The prosecution in Datuk Seri Najib Abdul Razak’s SRC International Sdn Bhd trial showed yesterday that the former premier had ordered the appointment of directors to the company even before the board of its parent 1Malaysia Development Bhd (1MDB) had approved the proposal via a directors’ circular resolution (DCR).
Najib unsure of his own signatures in SRC documents
KUALA LUMPUR (Dec 18): Former prime minister Datuk Seri Najib Abdul Razak backtracked on his previous claim that his signatures in several documents related to 1Malaysia Development Bhd's (1MDB) former subsidiary SRC International Sdn Bhd were forged and manipulated, admitting today that he could not confirm whether the signatures on the documents were his or not.
Govt suit against NFC, Salleh and nine others to proceed in January as scheduled
KUALA LUMPUR (Dec 18): The government's RM250 million suit against National Feedlot Corp Sdn Bhd (NFC), its chairman Datuk Mohamad Salleh Ismail and nine others will proceed to trial as scheduled on Jan 13 to 15, 17 and 20 next year despite a change in judge at the High Court.
