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Topic: Dec 31

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KUALA LUMPUR: Malaysian Anti-Corruption Commission never interrogated Sarawak Report editor Claire Rewcastle-Brown over an article titled “Najib Razak’s Personal Accounts Linked To 1MDB Money Trail Malaysia Exclusive”, the High Court heard.
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PETALING JAYA: Shares of medical cable company Supercomnet Technologies Bhd (Scomnet) have been seeing some interest following news that its largest client, California-based Edwards Lifesciences Corp, has received approval for its heart valve systems from the US Food and Drug Administration (FDA) on Aug 16.
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PETALING JAYA: The government’s continuous effort in tackling the illicit alcohol trade in the country has seen improving financial results for Heineken Malaysia Bhd.
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KUALA LUMPUR (Aug 20): Willowglen MSC Bhd has bagged a RM6.34 million contract for the supply of an integrated security and surveillance system in Singapore.
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KUALA LUMPUR (Aug 20): Pos Malaysia Bhd today announced posting a net loss of RM15.1 million in the quarter ended June 30, 2019, compared with a net profit of RM4.98 million in the corresponding quart...
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AIRASIA Group Bhd and its low-cost long-haul affiliate AirAsia X Bhd (AAX) have spent much of the past two years battling rising charges, and it is far from over as a new departure levy kicks in next ...
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KUALA LUMPUR: The Malaysian Anti-Corruption Commission (MACC) never interrogated Sarawak Report editor Claire Rewcastle-Brown over an article published in 2015.
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KUALA LUMPUR (Aug 20): Prasarana Malaysia Bhd is set to achieve up to RM900 million in revenue for the financial year ending Dec 31, 2019 (FY19). President and group chief executive officer, Datuk ...
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This article first appeared in The Edge Malaysia Weekly as "KTMB CEO said to be stepping down next month", on August 12, 2019 - August 18, 2019.
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PUTRAJAYA - After delaying the Johor Baru-Singapore Rapid Transit System (RTS) five times, a group now wants the government to proceed with the project without further ado.
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PETALING JAYA: Kronologi Asia Bhd’s net profit rose 12.47% to RM5.06mil on the back of a 28.78% jump in revenue to RM52.07mil for its second quarter ended June 30.This was achieved through a combination of higher contributions from Hong Kong, Taiwan and India operations, and a maiden contribution from the recent Sandz Solutions acquisition.
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KUALA LUMPUR: Sunway Construction Group Bhd (SunCon) has proposed a first interim dividend of 3.5 sen per share for the financial year ending Dec 31, 2019 – a more than 60% payout from its year-to-date profit after tax and minority interest.
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KUALA LUMPUR: Rising ridership at its urban rail networks and an ongoing cost-optimisation programme are contributing to Prasarana Malaysia Bhd’s improved operating financial health.
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KUALA LUMPUR: Gas Malaysia Bhd’s net profit rose to RM49.01mil for the second quarter ended June 30, 2019 from RM48.07mil recorded in the same quarter a year ago.
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PUTRAJAYA: After delaying the Johor Baru-Singapore Rapid Transit System (RTS) five times, a group now wants the government to proceed with the project without further ado.
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KUALA LUMPUR (Aug 19): Lower revenue from construction segment and higher-income tax expenses pulled down Sunway Construction Bhd’s (SunCon) net profit for a consecutive quarter for the second quart...
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KUALA LUMPUR, Aug 19 — Gas Malaysia Bhd’s net profit rose to RM49.01 million for the second quarter ended June 30, 2019 from RM48.07 million recorded in the same quarter a year ago.
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PETROLIAM Nasional Bhd (Petronas) is understood to have aborted the award of a multibillion-ringgit integrated hook-up and commissioning (IHUC) contract, according to industry sources.
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KERETAPI Tanah Melayu Bhd (KTMB) CEO Mohd Rani Hisham Samsudin will be stepping down after two years at the helm when his current contract expires next month, sources say.
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KUALA LUMPUR (Aug 19): Prasarana Malaysia Bhd is on track to deliver annual revenue between RM800 million and RM900 million in its financial year ending Dec 31, 2019 (FY19) while narrowing losses to a...
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Bank Pembangunan Malaysia Bhd recently uploaded its audited financial statements for the financial year ended Dec 31, 2018 (FY2018). What stood out is the development financial institution’s high gr...
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KUALA LUMPUR: Khazanah Nasional Bhd has pumped another RM300 million into the country’s flag carrier Malaysia Airlines Bhd, via its holding company Malaysia Aviation Group Bhd (MAG), taking the tota...
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KUALA LUMPUR: AirAsia Bhd will be removing the processing fee for Malaysia for bookings made from Oct 1, 2019 to keep air travel affordable for all.
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KUALA LUMPUR: AirAsia Bhd will be removing the processing fee for Malaysia for bookings made from Oct 1 to keep air travel affordable for all.
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AirAsia Bhd will be removing the processing fee for Malaysia for bookings made from Oct 1, 2019, to keep air travel affordable for all.
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IN conjunction with its 25th year anniversary, property developer Mah Sing Group rolled out its latest sales campaign named Lock and Win, to reward buyers from RM2mil worth of prizes when they purchase from a selection of the group’s homes and commercial spaces nationwide.
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KUALA LUMPUR (Aug 15): The late Tan Sri Dr Jamaluddin Jarjis named two of his four children as trustees for the entire stake in his billion-ringgit company Rantai Wawasan Sdn Bhd, currently a subject ...
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KUALA LUMPUR (Aug 15): Mega First Corp Bhd today announced that two of its units have called off a mixed development project located in Kinta, Perak in joint venture with Menteri Besar Incorporated (P...
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KUALA LUMPUR (Aug 15): With less than five months remaining for 2019, S P Setia Bhd has revised downward its sales target for the year to RM4.55 billion from RM5.65 billion as the property slump has y...
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KUALA LUMPUR (Aug 15): Shares in S P Setia Bhd fell 2.84% this morning after the group revised downward its sales target for the year to RM4.55 billion from RM5.65 billion as the property slump has ye...
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KUALA LUMPUR: T7 GLOBAL BHD’s unit T7 Kemuncak Sdn Bhd has signed an agreement with Advancecon Holdings Bhd’s subsidiary Advancecon Infra Sdn Bhd to collaborate on various activities in relation t...
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KUALA LUMPUR: With less than five months remaining for 2019, S P Setia Bhd has revised downward its sales target for the year to RM4.55 billion from RM5.65 billion as the property slump has yet to sho...
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KUALA LUMPUR (Aug 14): Mega First Corp Bhd today announced that two of its units have called off a mixed development project located in Kinta, Perak in joint venture with Menteri Besar Incorporated (P...
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Malaysia kept its export duty on crude palm oil for September unchanged at zero percent, according to a circular on the Malaysian Palm Oil Board's website on Wednesday, citing the national customs dep...
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KUALA LUMPUR: T7 Global Bhd's unit T7 Kemuncak Sdn Bhd has signed an agreement with Advancecon Holdings Bhd's subsidiary Advancecon Infra Sdn Bhd to collaborate on various activities in relation to the East Coast Rail Link project.
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PETALING JAYA: Three new contracts have been secured by Serba Dinamik Holdings Bhd, including a RM1bil engineering, procurement, construction and commissioning (EPCC) job.
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kOTA KINABALU: The state capital is expected to set up designated smoking areas by year-end as the smoking ban law becomes effective in Sabah by January next year.kOTA KINABALU: The state capital is expected to set up designated smoking areas by year-end as the smoking ban law becomes effective in Sabah by January next year.
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KUALA LUMPUR: Serba Dinamik Holdings Bhd has secured a US$250mil (RM1.05bil) contract to build a chlorine processing facility and a 26-megawatt per hour steam turbine power plant in Uzbekistan.
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MSM Malaysia Holdings Bhd has been hit by headwinds in recent times.
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KUALA LUMPUR (Aug 9): Lotte Chemical Titan Holdings Bhd (LCT) is planning to trim its equity stake in PT Lotte Chemical Indonesia (LCI) by selling a 49% stake in the subsidiary to its parent Lotte Che...
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KUALA LUMPUR (Aug 9): TH Plantations, in which Lembaga Tabung Haji holds a 73.84% stake, has suspended its chief financial officer (CFO) Mohamed Azman Shah Ishak today until further notice.
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KUALA LUMPUR (Aug 9): DreamEDGE Sdn Bhd — the Cyberjaya-based company leading the third national car project alongside Japanese auto company Daihatsu Motor Co Ltd — is majority-owned by Government...
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KUALA LUMPUR: Low-cost airline AirAsia has launched a petition to protest the RM23 additional passenger service charge (PSC) for passengers travelling beyond Asean from RM50 to RM73 per person.
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KUALA LUMPUR: Low-cost airline AirAsia has launched a petition to protest against the RM23 additional passenger service charge (PSC) for those travelling beyond the Asean region.
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KUALA LUMPUR (Aug 9): Low-cost airline AirAsia has launched a petition to protest the RM23 additional passenger service charge (PSC) for passengers travelling beyond ASEAN from RM50 to RM73 per person...
Malaysiakini:
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Low-cost airline AirAsia has launched a petition to protest the RM23 additional passenger service charge (PSC) for passengers travelling beyond Asean from RM50 to RM73 per person.
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KUALA LUMPUR, August 9 — Low-cost airline AirAsia has launched a petition to protest the RM23 additional passenger service charge (PSC) for passengers travelling beyond Asean from RM50 to RM73 per ...
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Loke trying out a driving simulator by MIROS with (from left) Rajan, Digi chief executive officer Albern Murty, Miros director-general Dr Siti Zaharah Ishak and Logistics Worldwide Express chief oper...
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KUALA LUMPUR (Aug 8): Cherating Holiday Villa Bhd (CHV), an indirect wholly-owned unit of Advance Synergy Bhd, is planning to buy back a resort hotel in Cherating, Kuantan from Amanah Raya Bhd for RM2...
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KUALA LUMPUR (Aug 7): PRG Holdings Bhd is spending RM16.5 million cash to buy a loss-making retail company that sells luxury fashion apparel, footwear and ancillary products from its 54.19%-owned Hong...
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KUALA LUMPUR (Aug 7): The FBM KLCI closed 7.09 points or 0.44% lower today dragged mainly by Genting Malaysia Bhd and Genting Bhd's substantial share price drop and as investors took profit against li...
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KUALA LUMPUR (Aug 7): CIMB Group Holdings Bhd, which missed its 50% cost to income target last year, launches a new human resources (HR) initiative called FlexMyCareer which is perceived by others in ...
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KUALA LUMPUR (Aug 7): Shares in Genting Malaysia Bhd (GenM) fell 8.03% this morning after the firm acquired 46% of the common stock in Nasdaq-listed gaming and entertainment company, Empire Resorts In...
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KUALA LUMPUR (Aug 6): Tan Sri Lim Kok Thay, via Kien Huat Realty III Ltd, is selling 46% of the common stock in Nasdaq-listed gaming and entertainment company, Empire Resorts Inc, to Genting Malaysia ...
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KUALA LUMPUR: The failure to qualify for home loans remain the single biggest obstacle to the government’s effort to increase home ownership and reduce the number of unsold properties in the market.
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KUALA LUMPUR (Aug 6): Semiconductor player Unisem (M) Bhd saw its net profit more than halve to RM14.45 million in the second quarter ended June 30, 2019 (2QFY19) from RM31.14 million a year ago, on l...
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KUALA LUMPUR (Aug 6): CIMB Group Holdings Bhd, which had missed its 50% cost-to-income target last year, launches a new human resources initiative called FlexMyCareer, which is perceived by others in ...
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KUALA LUMPUR (Aug 6): Fugitive businessman Low Taek Jho (Jho Low) ordered RM40 million of SRC International Sdn Bhd funds to be channelled into former premier Datuk Seri Najib Razak’s AmBank account...
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KUALA LUMPUR (Aug 5): Asia Media Group’s ousted non-executive director Paul Jong Jun Hian claims his signature was forged on a directors’ circular resolutions (DCR). In one of the four separate fi...
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KUALA LUMPUR (Aug 5): Businessman Low Taek Jho — better known as Jho Low — had ordered RM40 million from SRC International Sdn Bhd be moved into Datuk Seri Najib Razak’s AmBank accounts in the f...
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On July 19, Asia Media Group Bhd announced that its annual audited financial statements together with the auditors’ and directors’ reports for its financial year ended Dec 31, 2018, were still not...
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KUALA LUMPUR (Aug 5): Ni Hsin Resources Bhd has inked an exclusive distributorship agreement (EDA) with Japanese kitchen cookware manufacturer Wonder chef Co Ltd to market the latter's products in the...
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KUALA LUMPUR: Swiss-Garden Hotel Bukit Bintang in Jalan Pudu here has a new owner.
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JERANTUT: The government has allocated more than RM100 million to assist smallholders obtain the Malaysian Sustainable Palm Oil (MSPO) certification to increase the value of the commodity in the inter...
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JERANTUT, Aug 4 — The government has allocated more than RM100 million to assist smallholders obtain the Malaysian Sustainable Palm Oil (MSPO) certification to increase the value of the commodity in...
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KUALA LUMPUR (Aug 2): Paramount Corp Bhd is establishing an unrated perpetual securities issuance programme of up to RM500 million in nominal value.
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KUALA LUMPUR: In celebration of the country’s 62 years of independence, Volkswagen Passenger Cars Malaysia (VPCM) is offering customers who book a Volkswagen model in the month of August, an additi...
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PUTRAJAYA (Aug 2): Property developers are allowed to reserve Net Energy Metering (NEM) quota for new projects starting Aug 5, said Sustainable Energy Development Authority (SEDA) Malaysia.
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KUALA LUMPUR (Aug 1): Tenaga Nasional Bhd (TNB) has incorporated two wholly-owned subsidiaries, TNB Power Generation Sdn Bhd (GenCo) and TNB Retail Sdn Bhd (RetailCo), to facilitate its proposed inter...
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KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has incorporated two wholly-owned subsidiaries, TNB Power Generation Sdn Bhd (GenCo) and TNB Retail Sdn Bhd (RetailCo), to facilitate its proposed internal reor...
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KUALA LUMPUR (Aug 1): Asia Media Group Bhd said its directors have no access to the office of the company and are currently seeking legal recourse to resolve the issue.
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KUALA LUMPUR (Aug 1): Lii Hen Industries Bhd has appointed Lee Min On as its independent and non-executive chairman effectively today.
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WHILE Penang-based diversified group Oriental Holdings Bhd is known to be cash-rich, what many may not know is that close to half the value of its shares is equivalent to its net cash balance.
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KUALA LUMPUR (July 31): Frontken Corp Bhd's net profit for the second quarter ended June 30, 2019 rose 36.8% to RM16.52 million from RM12.08 million a year earlier, due to improved performances by the...
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Kho Teck Wan KUCHING: A Kuching City South Council (MBKS) councillor has revealed that there is intense lobbying for the mayor’s post with the term of the current mayor, Dato James Chan, expiring o...
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KUALA LUMPUR: Malaysia has urged the European Union (EU) to accept and recognise the Malaysian Sustainable Palm Oil (MSPO) certification scheme as one of the voluntary schemes under the Renewable Ener...
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KUALA LUMPUR (July 29): Tenaga Nasional Bhd (TNB)’s board has approved the proposed internal revamp, which involves the transfer of its domestic power generation and electricity retail businesses in...
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KUALA LUMPUR (July 29): Malaysia has urged the European Union (EU) to accept and recognise the Malaysian Sustainable Palm Oil (MSPO) certification scheme as one of the voluntary schemes under the Rene...
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KUALA LUMPUR (July 29): The decision to reject three resolutions pertaining to payment of fees and benefits to directors of FGV Holdings Bhd (FGV) was made following the company's poor performance hav...
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KUALA LUMPUR: Tenaga Nasional Bhd's (TNB) board has approved the proposed internal revamp which involves the transfer by of its domestic power generation and electricity retail businesses to two new units.
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KUALA LUMPUR: The decision to reject three resolutions pertaining to payment of fees and benefits to directors of FGV Holdings Bhd (FGV) was made following the company’s poor performance having incu...
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SURIA Capital Holdings Bhd, whose majority shareholder is the Sabah government, is in talks to sell a stake in its wholly-owned subsidiary Sabah Ports Sdn Bhd, sources say.
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SHAH ALAM (July 29): The Selangor government is in a healthy financial position, recording reserves totalling RM2.38 billion in the first six months of the year, the state assembly was told today.
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TRANSMILE Group Bhd’s board has decided to drop the civil suit against its former CEO Gan Boon Aun and former chief financial officer Lo Chok Ping for failing in their duties towards the company due...
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SHAH ALAM: The Selangor government is in a healthy financial position, recording reserves totalling RM2.38 billion in the first six months of the year, the state assembly was told today.
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PUTRAJAYA: The authorities’ years of tough no-nonsense stance on illegal immigrants has begun to yield positive results, based on Immigration Department records.
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ISKANDAR PUTERI: The Malaysian Sustainable Palm Oil (MSPO) certification has received international recognition that will push local palm oil prices higher.
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KUALA LUMPUR: The Immigration Department expects about 300 to 400 illegal immigrants to take up the opportunity to return to their countries of origin through the Back for Good (B4G) programme, for a start.
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KUALA LUMPUR: The Immigration Department expects about 300 to 400 illegal immigrants to take up the opportunity to return to their countries of origin through the Back for Good (B4G) programme, for a ...
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KUALA LUMPUR: The Immigration Department expects an initial 300 to 400 illegal immigrants to take up the opportunity to return to their countries of origin through the Back for Good (B4G) programme.
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KUALA LUMPUR (July 26): Tan Chong Motor Holdings Bhd's (TCMH) Vietnamese unit has signed a memorandum of understanding (MoU) with a Chinese company to collaborate on manufacturing, importing and distr...
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KUALA LUMPUR (July 26): Kejuruteraan Asastera Bhd (KAB) expects to see revenue growth in current financial year ending Dec 31, 2019 (FY19), as the electrical engineering specialist looks to include me...
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KUALA LUMPUR (July 26): Westports Holdings Bhd, which expects to register a high single-digit growth rate for container throughput this year, is continuing to benefit from the container tariff hike si...
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KUALA LUMPUR (July 25): Genting Malaysia Bhd has settled with Fox Entertainment Group Llc, Twentieth Century Fox Film Corp, FoxNext Llc, Twenty First Century Fox Inc (21st Century Fox) and Walt Disney...
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KUALA LUMPUR: Axis Real Estate Investment Trust ( Axis-REIT) is expected to post a decent 7% net yield for the financial year ending Dec 31, 2019 (FY19), should its seven acquisitions costing nearly RM250mil be completed in the second half of the year as scheduled.
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PETALING JAYA: Genting Malaysia Bhd (GenM) has reached a settlement with Fox, Twenty First Century Fox (21CF) and The Walt Disney Company over their disputes related to the Fox-branded theme park in Genting Highlands.
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KUALA LUMPUR (July 25): Radiant Globaltech Bhd’s unit, Radiant Global ADC Sdn Bhd, has been awarded a contract worth RM20 million for the supply of retail technology hardware and provision of mainte...
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KUALA LUMPUR (July 25): Genting Malaysia Bhd has settled with Fox Entertainment Group Llc, Twentieth Century Fox Film Corp, FoxNext Llc, Twenty First Century Fox Inc (21st Century Fox) and Walt Disney...
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KUALA LUMPUR (July 25): RHB Banking Group, Malaysia's fourth-largest fully integrated financial services provider, has no problem in providing housing loans to blacklisted National Higher Education Fu...
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KUALA LUMPUR, July 25 — RHB Banking Group, Malaysia’s fourth-largest fully integrated financial services provider, has no problem in providing housing loans to blacklisted National Higher Educatio...