News about un

KUALA LUMPUR (Feb 28): Vertice Bhd, which has a 13% stake in Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd (CZC), posted its fourth consecutive losing quarter today on expenses incurred for multiple corporate exercises, higher administrative spending and a loss in its retail division.

KUALA LUMPUR (Feb 28): UEM Sunrise Bhd has teamed up with BlackWall Ltd, an Australian public-listed real estate company based in Sydney, to explore leasing opportunities and identify potential commercial and/or retail developments for co-working space.

KUALA LUMPUR (Feb 28): Property developer Matrix Concepts Holdings Bhd's third quarter net profit jumped 40% year-on-year to a record high of RM70.

KUALA LUMPUR (Feb 28): Tun Jeanne Abdullah, wife of former Malaysia Prime Minister Tun Abdullah Ahmad Badawi, is now the chairman of TRC Synergy Bhd.

KUALA LUMPUR (Feb 28): Country Heights Holdings Bhd founder Tan Sri Lee Kim Yew has issued an open letter hitting out at Tourism and Culture Minister Datuk Seri Mohd Nazri Abdul Aziz for being "rude, very rude".

KUALA LUMPUR (Feb 28): IJM Corp Bhd saw its net profit drop 26.

KUALA LUMPUR (Feb 28): Sunway Construction Group Bhd’s (SunCon) unit has been appointed the project delivery partner for the expansion of a nine-storey commercial development to the existing Sunway Carnival Mall in Seberang Jaya, Penang.

GEORGE TOWN (Feb 28): Pilgrims Fund Board (Tabung Haji) chairman Datuk Seri Abdul Azeez Abdul Rahim, served with a letter of demand by Penang undersea tunnel developer Consortium Zenith Construction Sdn Bhd (CZC), said he does not know the company.

PETALING (Feb 28): The Malaysian Anti-Corruption Commission (MACC) has detained a 37-year-old businessman on suspicion of accepting a bribe of RM19 million to close investigations into the RM6.

KUALA LUMPUR (Feb 27): UEM Sunrise Bhd is on a mission to develop “the next Mont'Kiara” in the Klang Valley, offering more affordable properties than the high-end enclave in Kuala Lumpur, said its managing director and CEO Anwar Syahrin Abdul Ajib.