Fri, 23 Aug 2019, 3:04 PM
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Topic: RM150mil

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PETALING JAYA: While things may be slower on the homefront, Sunway Construction Group Bhd (SunCon) is banking on more jobs from overseas such as in Myanmar where it recently formed a joint venture with Capital Construction Ltd.
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KUALA LUMPUR: The High Court has dismissed the prosecution’s application to transfer the corruption cases of Kinabatangan MP Datuk Seri Bung Moktar Radin and his wife Datin Seri Zizie Izette A. Samad to the High Court.
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KUALA LUMPUR: Taman Tun Dr Ismail and Bukit Kiara longhouse residents are maintaining they will never agree to a scaled-down version of the Taman Rimba Kiara development project, says Deputy Women, Family and Community Development Minister, Hannah Yeoh.
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PETALING JAYA: The Finance Ministry will ensure that there is no repeat of what happened with the GST refunds during the Baraisan Nasional government's tenure, says Finance Minister Lim Guan Eng.
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PETALING JAYA: The sale of FGV Holdings Bhd’s loss-making FGV China Oils Ltd (FGVCO) to China-based Grand Industrial Holding Co Ltd for RM100mil will allow the group to stop accounting for losses in its loss-making entity.
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KUALA LUMPUR: Paramount Corp Bhd has received shareholder approval to dispose of its education ops, paving the way for the company to further grow its property segment.
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KUALA LUMPUR: Affin Hwang Capital research believes the outlook is positive for HSS Engineers Bhd as it will benefit from accelerated infrastructure spending by the Malaysian government.
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KUALA LUMPUR: CIMB Equities Research is cautious if the Federal Land Development Authority (Felda) terminates the land lease agreement (LLA) with FGV Holdings Bhd.
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KUALA LUMPUR: CIMB Equities Research is cautious if the Federal Land Development Authority (Felda) terminates the land lease agreement (LLA) with FGV Holdings Bhd.
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PETALING JAYA: Paramount Corp Bhd is slowly monetising its assets in the education business and entrenching itself in the property sector, in line with its strategic plan of becoming a pure-play property group.
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PETALING JAYA: As the group copes with a hike in gaming taxes, Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay has taken a 20% voluntary pay cut.
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KUALA LUMPUR: Genting Malaysia Bhd chairman and chief executive Tan Sri Lim Kok Thay, the highest paid CEO in the country, is taking a 20% pay cut, according to a report by China Press.
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SHAH ALAM: In a move to weather through the cyclical nature of the property development industry, I-Bhd is building up its property investment and leisure segments, which can generate recurring income for the group.
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SHAH ALAM: Engineering services provider Serba Dinamik Holdings Bhd is targeting to achieve sales of RM150mil to RM200mil for its information technology (IT) segment this year.
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KUALA LUMPUR: The Sessions Court here has fixed July 4 for re-mention of the RM2.8mil corruption case of Kinabatangan Member of Parliament Datuk Seri Bung Moktar Radin and his wife Datin Seri Zizie Ezette A. Samad after prosecution said there were still incomplete documents for the trial.
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KUALA LUMPUR (Bernama): The Sessions Court here has fixed July 4 for re-mention of the case of Kinabatangan MP Datuk Seri Bung Moktar Radin and his wife Datin Seri Zizie Izette for corruption charges involving RM2.8mil to obtain approval for Felcra Bhd to invest RM150mil in Public Mutual Berhad Unit Trust.
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PETALING JAYA: The turnaround plan for FGV Holdings Bhd has yet to bear fruit with its share price likely to stay range-bound.
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KUALA LUMPUR (Bernama): The National Higher Education Fund Corporation (PTPTN) has received RM558.9mil in repayments in from January to March 2019.
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Prime Minister Tun Dr Mahathir Mohamad announced that more than RM150mil will be allocated to develop the Youth Power programme and to build sports and recreational facilities.
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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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KUALA LUMPUR: Kinabatangan MP Datuk Seri Bung Moktar Radin and his celebrity wife Datin Seri Zizie Ezette A. Samad were hauled to the Sessions Courts here to face graft charges amounting to RM2.8mil over Felcra Bhd’s investment in unit trust worth RM150mil.
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Kinabatangan MP Datuk Seri Bung Moktar Radin claimed trial on Friday to three counts of receiving bribes totalling RM2.8mil for getting approval for Felcra Berhad to invest RM150mil in unit trust with...
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PETALING JAYA: Graft busters have seized documents from the Human Resources Development Fund (HRDF) in its probe on fraudulent training claims to the tune of millions of ringgit.
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PETALING JAYA: Federal Territories Minister Khalid Samad has hit back at those who criticised his estimation that RM150mil in compensation has to be paid to developers of the controversial Taman Rimba Kiara condominium project.
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PETALING JAYA: The compensation of more than RM150mil that will have to be paid by the government to the developer of Taman Rimba Kiara, if the development is cancelled, is an "imaginary figure" that needs to be supported by receipts or proof of payment, says Hannah Yeoh.