Mon, 20 May 2019, 4:48 AM
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Topic: RM100mil

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GEORGE TOWN: Penangites can look forward to a special bonus after Hari Raya Aidilfitri when the Seberang Prai Municipal Council (MPSP) is awarded city council status.
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PETALING JAYA: Trade war fears between the United States and China are crushing sentiment and the markets, but UEM Edgenta Bhd is confident that it will record double-digit growth in profit this year.
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BANGI: More than RM150mil will be allocated to develop the Youth Power programme, including sports and recreation facilities for the youth, says Prime Minister Tun Dr Mahathir Mohamad.
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SHAH ALAM: Political analyst Abdul Razak Abdullah Baginda’s secretary testified that her boss told her that he had only asked former police officer Azilah Hadri to guard his house and family, the High Court heard.
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SHAH ALAM (Bernama): Political analyst Abdul Razak Abdullah Baginda’s secretary said that her boss told her he had only asked former police officer Azilah Hadri to guard his house and family, the High Court was told.
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KUALA LUMPUR (Bernama): The prosecution has handed over all documents, including the remaining three, in the corruption and CBT case involving former Felda chairman Tan Sri Mohd Isa Abdul Samad to the defence, the High Court here has been told.
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KUALA LUMPUR: The proposed Kulim International Airport (KXP) – that has stirred concern from the Penang government – has the support of the Tourism Ministry which intends to use it as a “tourist gateway”. Tourism, Arts and Culture Minister Datuk Mohamaddin Ketapi described the KXP as an important project because of its location near the border with Thailand.
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PETALING JAYA: ARB Bhd’s wholly owned subsidiary, ARB Development Sdn Bhd, has entered into a sale and purchase agreement to acquire a 51% sake in C&M Renewable Energy Technology Sdn Bhd (CMSB) for RM5.5mil.
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SHAH ALAM (Bernama): Dr Shaariibuu Setev, the father of slain Mongolian Altantuya Shaariibuu, told the High Court here that he has seen the picture of a murdered Mongolian woman together with two men which was produced to in court.
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KUALA LUMPUR: ARB Bhd’s wholly-owned subsidiary, ARB Development Sdn Bhd has entered into a sales and purchase agreement (SPA) to acquire a 51% sake in C& M Renewable Energy Technology Sdn Bhd (CMSB) for RM5.5mil.
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By Lim Yin Yen Nor Hisham at the dialogue session between residents of Bukit Damansara and DBKL.
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AS MORE SMEs look for an effective way to digitise their businesses, there is an important role that telco companies can play as technology enablers to help them take the first steps in the right direction, according to Maxis head of enterprise Paul McManus.
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PUTRAJAYA (Bernama): The government announced on Saturday (April 27) a RM500mil soft loan fund with low interest rates of just 2% yearly for private smallholders to replant oil palm.
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KUALA LUMPUR: Global medical technology company Edwards Lifesciences Corp is setting up a regional business hub here and it will be investing RM100mil over the next five years.
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PETALING JAYA: Westports Holdings Bhd is poised to be one of the beneficiaries of the East Coast Rail Link (ECRL) once it is built and ready.
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KUALA LUMPUR: Nestle (Malaysia) Bhd has allocated a capital expenditure (capex) of RM220mil for this year, marking its highest capex investment in the past five years.
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KUALA LUMPUR: Global medical technology company, Edwards Lifesciences Ltd is setting up its second regional business hub in Kuala Lumpur and will be investing RM100mil over the next five years.
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KUALA LUMPUR: Ekovest Bhd has proposed to raise up to RM202.6mil by placing out as much as 256 million new shares to investors it has yet to identify.
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KUALA LUMPUR: United Plantations Bhd said net profit in the first quarter ended March 31 fell by about a third to RM66.9mil from RM100mil a year ago.
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KUALA LUMPUR: Foreign funds shifted their selling mode into a higher gear last week, selling RM433.4mil net of local equities, according to MIDF Research.
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KUANTAN (Bernama): The PeKa B40, a healthcare protection scheme for the low-income B40 group, will begin on Monday (April 15), says Deputy Health Minister Dr Lee Boon Chye.
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KUALA LUMPUR (Bernama): The trial of former Felda chairman Tan Sri Mohd Isa Abdul Samad, who was charged with one count of criminal breach of trust (CBT) and nine counts of receiving gratification totalling over RM3mil, will take place for 13 days beginning Oct 7 at the High Court.
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KUALA LUMPUR: Etika Holdings will initiate commercial processing of fresh milk with a foreign direct investment (FDI) of more than RM100mil in a move to drive the dairy industry.
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Felda Group's financial position worsened after the listing of the listing of Felda Gobal Ventures Holdings Bhd (FGV) now renamed as FGV Holdings Bhd in June 2012.
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PETALING JAYA (April 4): The Center to Combat Corruption & Cronyism (C4) has called for greater scrutiny over sale of government land, saying there were suspicious land deals that have led to the encr...
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LANGKAWI: Sapura Aerospace Technologies, a joint venture between Sapura Industrial Bhd and two Japanese aerospace companies, will be investing RM100mil over the next five years to build a high-technology facility on a 2.02-hectare site in the Greater Klang Valley.
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KUALA LUMPUR: JF Apex Research expects Vertice Bhd, N2N Connect Bhd, Rex Industry Bhd and RHB Bank Bhd to be among the stocks to watch on Thursday.
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JELEBU: The government will continue subsidising operations of 165 stage bus companies in the peninsula but a review will be conducted first on its effectiveness, says the Transport Minister.
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PETALING JAYA (March 1): Kuala Lumpur City Hall (DBKL) will preserve the biggest tropical forest within the city of KL by buying a piece of land in the Bukit Nanas Forest Reserve.
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KUALA LUMPUR: The Customs Department has curbed 325 cases of smuggling and selling contraband cigarettes and alcohol in just two months this year.
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SHAH ALAM (Bernama): “We all died the moment she did and our lives have fallen apart ever since.”
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PETALING JAYA: The Human Resources Development Fund is to undergo a complete overhaul. A committee has been set up to ensure the fund is rid of weaknesses and misuse of power among senior staff members as well as a promise by its new chairman to personally deal with allegations of graft.
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PETALING JAYA: Ancom Berhad has confirmed that its executive chairman Datuk Dr Siew Ka Wei has been remanded by the Malaysian Anti-Corruption Commission (MACC) over allegations of power abuse during his tenure as Tourism Board chairman.
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GEORGE TOWN: The Penang Island City Council’s (MBPP) expenditure of about RM300mil to RM400mil on the Bukit Kukus paired road project resulted in it recording a deficit in 2017.
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KUALA LUMPUR: XingHe Holdings Bhd is exploring a new source of revenue via the RM100mil acquisition of an aquaculture business in Kg Wakuba, Sabah.