The Malaysian Pulse
Beat of the Nation
Sat, 21 Sep 2019, 3:00 PM
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Topic: RM30mil

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Sunway acquires prime land in Bukit Jalil
PETALING JAYA: Sunway Bhd has acquired prime land in the neighbourhood of Mutiara Bukit Jalil following its 100% acquisition of Sterling Paradise Sdn Bhd.
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Sunway City buys Sterling Paradise for RM15m
KUALA LUMPUR: Sunway Bhd’s unit, Sunway City Sdn Bhd is buying Sterling Paradise Sdn Bhd for RM15mil with the rights to 11.8 acres of prime freehold land in the...
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PRG shares soar on teak tree venture
PETALING JAYA: PRG Holdings Bhd’s share price has shot up more than 50% in the last one month, following its venture into the teak tree and commercial crops...
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Strong local orders expected to boost VS Industry bottom line
PETALING JAYA: VS Industry Bhd’s results for the financial year ended July 31, 2019 (FY19) is expected to be in line despite the profit warning from its 43.3%-owned VS International Group (VSIG) in China.
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UOB Kay Hian Research sees strong Malaysia orders boosting VS Industry
KUALA LUMPUR: UOB Kay Hian Malaysia Research expects VS Industry's results for the financial year ended July 31,2019 (FY19) to be in line, despite the profit...
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Sarawak allocates RM30mil for Unifor
KUCHING: The Sarawak government has allocated RM30mil for the Unit for Other Religions (Unifor) this year.
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Mt Erskine underpass project to proceed despite protests
GEORGE TOWN: The proposed RM30mil underpass linking Mount Erskine and Burmah Road will go on despite protests from some residents.
EdgeProp.my:
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Report: Tunnel project may force homeowner to demolish living room
GEORGE TOWN (Sept 2): Mount Erskine residents homes will be affected by the proposed RM30mil underground tunnel project from the middle of Mount Erskine Road to Adventist Hospital in Burmah Road, and ...
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Aggressive New Hoong Fatt determined to push up earnings
PETALING JAYA: Automotive replacement parts maker New Hoong Fatt Holdings Bhd (NHF) is undertaking aggressive measures to put the group on a stronger...
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Call for end to tunnel project
GEORGE TOWN: Residents at Mount Erskine, upset that their homes would be affected by the proposed RM30mil underground tunnel project from the middle of Mount...
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Weak CPO, palm kernel prices weigh on Sime Plantation
KUALA LUMPUR: Sime Darby Plantation Bhd reported net profit of RM27mil in the second quarter ended June 30,2019 as it was weighed down by weak crude palm oil...
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RHB Research keeps Neutral stance on Freight Management
KUALA LUMPUR: RHB Research Institute is retaining its neutral outlook on Freight Management with a new discounted cashflow-derived TP of 60 sen from 63 sen.
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RM30mil Sg Kim Kim lawsuits filed
JOHOR BARU: Two groups have filed lawsuits amounting to RM30mil against the state and federal governments as well as 10 other parties over the Sungai Kim Kim pollution incident.
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Sg Kim Kim victims file RM30mil suit against Federal, state governments and 10 others
JOHOR BARU: Victims of the Sungai Kim Kim toxic pollution, which include fishermen and Pasir Gudang residents, have filed civil suits to seek compensation amounting to RM30mil against 12 parties.
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CAB expects to start work on JV with Salim Group in Q4
GEORGE TOWN: CAB Cakaran Corp Bhd expects its joint venture (JV) integrated poultry-farming project with the Salim Group in Indonesia to commence construction in the fourth quarter of this year.
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Magnum Jackpot at RM30mil
KUALA LUMPUR: Magnum Jack­pot prize money is expected to exceed RM30mil this weekend.
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Magnum Jackpot at RM30mil this weekend
KUALA LUMPUR: Magnum Jackpot prize money is expected to exceed RM30mil this weekend.
CarSifu:
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256 cloned car drivers blacklisted by Terengganu JPJ
File pic of cloned cars seized by police.
The Star:
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Genting chairman takes voluntary pay cut
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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Genting boss tells shareholders he's taking a pay cut
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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NSCMH to rescue Mawar centres
SEREMBAN: The NSCMH Medical Centre, which only a decade ago faced near closure due to lack of business and high debts, has now emerged as a saviour for some 400 dialysis patients.
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SCIB confident of winning multimillion ringgit bids
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has bid for contracts to supply industrialised building system (IBS) products to several new multimillion ringgit school and government health clinic projects in Sarawak.
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Socso aims to be foolproof
KUALA LUMPUR: Having been hit with RM30mil in losses as a result of false claims stretching back seven years, the Social Security Organi­sation (Socso) has decided that enough is enough.
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Leader Steel invests RM30mil in warehouse
BUKIT TENGAH: Leader Steel Holdings Bhd is investing about RM30mil in a warehouse in Sarawak.
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Socso to contributors: No need to rely on third parties or runners
The Social Security Organisation (Socso) has its eyes on third parties who put in false claims on behalf of contributors.During an interview with The Star on Monday, CEO Datuk Seri Dr Mohammed Azman A...
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Perak MB: State govt to prioritise development and helping the people
PASIR SALAK: The Perak government will be spending the bulk of its allocation to help the people and develop the state, says Mentri Besar Datuk Seri Ahmad Faizal Azumu.
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Power Root expected to sustain recovery momentum
PETALING JAYA: Power Root Bhd is expected to sustain its recovery momentum into next year, supported by favourable raw material costs and moderating advertising and promotion (A&P) expenses.
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Ekuinas ready to buy stakes in GLC subsidiaries
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) has identified and ready to acquire subsidiaries of government-linked companies (GLCs) that will embark on privatisation activity, said chief executive officer Syed Yasir Arafat Syed Abd Kadir.
The Star:
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Quick take: Seacera tumbles over 20% after triggering PN17
KUALA LUMPUR: Seacera Group Bhd shares fell sharply to lower in early trade on Monday after company triggered the Practice Note 17 (PN17).
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Seacera suspends trading ahead of fresh news
KUALA LUMPUR: Trading in the securities of Seacera was halted at 11.48am on Friday ahead of an announcement of corporate news.
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Quick take: Tiger Synergy shares fall 14% in early trade
KUALA LUMPUR: Tiger Synergy Bhd is the second most actively traded counter on Bursa Malaysia in early trade on Friday.
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Perak Corp Bhd: No need to table motion over MAPS, help already coming
IPOH: There is no need to table a motion in the state assembly for the state government to help the debt-ridden Movie Animation Park Studios (MAPS), says Perak Corporation Bhd (PCB) audit committee chairman Chong Zhemin.
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Tan Wei Lian has not engaged Seacera on RM30m injection plan, co says
KUALA LUMPUR (April 22): Seacera Group Bhd says today it is unable to confirm the veracity of a news article which claimed Datuk William Tan Wei Lian pledged to inject at least RM30 million into the t...
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Najib SRC trial: Cheques paid for home renovations
KUALA LUMPUR: Cheques issued by an Ambank account belonging to former prime minister Datuk Seri Najib Razak were spent on upgrading works of his private residence including a storehouse and plumbing worth more than RM150,000, the High Court here was told.
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MACC nabs two more over alleged SSM graft case
PUTRAJAYA: Two more individuals have been remanded by the Malaysian Anti-Corruption Commission (MACC) in relation to its RM30mil corruption probe involving the Companies Commission of Malaysia (SSM).
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Self-made ‘chemist’ arrested in drug raid
Bukit Aman’s Narcotics Criminal Investigation Department has crippled a drug lab at the Kelemak Industrial Estate in Alor Gajah, Melaka with the arrest of three people, including a Singaporean maste...
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F&N allocates RM30m capex for new products, innovation
KUALA LUMPUR: Fraser & Neave Holdings Bhd has allocated a capex of RM30mil in FY2019 for new production lines as well as the expansion of existing ones.
theSun:
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Don’t make TARUC a punching bag, says MCA
PETALING JAYA: MCA vice-president Datuk Seri Ti Lian Ker (pix) has accused Finance Minister Lim Guan Eng of being vindictive by making Tunku Abdul Rahman University College (TARUC) a “punching ba...
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‘Commission hike should help’
GEORGE TOWN: The federal government’s decision to increase the sales commission for petrol dealers by three sen should make up for any shortfall caused by the newly implemented weekly fuel prices, says Finance Minister Lim Guan Eng.
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Guan Eng: 3 sen commission hike will address shortfall for petrol dealers
GEORGE TOWN: The increase in sale commissions for petrol dealers would be able to make up for any shortfalls caused by the newly implemented weekly fuel prices, says Lim Guan Eng.
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Petrol dealers in a tight spot
SHAH ALAM: Petrol dealers say they have to resort to severe cost-cutting measures if the government persists with its weekly fuel price float, which goes into effect on Jan 1.
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