Wed, 24 Jul 2019, 4:13 AM
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Topic: RM40 million

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KUALA LUMPUR (July 18): Scomi Group Bhd has announced a restricted issue of shares to businessman Tan Sri Wan Azmi Wan Hamzah and Gelombang Global Sdn Bhd (GGSB), a private vehicle of former Renong Bh...
theSun:
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KUALA LUMPUR: The 49th prosecution witness in Datuk Seri Najib Abdul Razak’s trial today denied that she obtained instructions from fugitive businessman Low Taek Jho, better known as Jho Low to tran...
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KUALA LUMPUR (July 15): The construction of the Perlis Sports School (SSM Perlis) has been delayed for nearly five years since it was first approved under the 9th Malaysia Plan, says the Auditor Gener...
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KUALA LUMPUR (July 15): The construction of the Perlis Sports School (SSM Perlis) has been delayed for nearly five years since it was first approved under the 9th Malaysia Plan, says the Auditor Gener...
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Len Talif (seated centre) and other guests in a photo call with landowners following the presentation of cheques.
The Borneo Post:
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Abang Johari (fifth left) presents an EPS fund to a mother and child at the event.
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KUALA LUMPUR (July 12): Digi.Com Bhd saw net profit in the quarter ended June 30, 2019 (2QFY19) rise 2.12% to RM392.38 million, from RM384.34 million a year earlier, on deferred tax overprovision, whi...
theSun:
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GEORGE TOWN: Penang will need about RM75 million to replace all its street lights from the current high-pressure sodium vapour (HPSV)-type to light emitting diode (LED), state Housing, Local Governmen...
theSun:
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GEORGE TOWN: Penang will need about RM75 million to replace all its street lights from the current high-pressure sodium vapour (HPSV)-type to light emitting diode (LED), state Housing, Local Governmen...
Malay Mail:
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GEORGE TOWN, July 11 — Penang is targeting to be Malaysia’s first state to use energy-efficient lamps for all street lighting by next year at a cost of about RM75 million, state exco Jagdeep Singh...
theSun:
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KUALA LUMPUR: The existing regulations to support entrepreneur growth is too rigid and time-consuming, causing the country to lose some talents to foreign countries.
Free Malaysia Today:
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KUALA LUMPUR: Entrepreneur Development Minister Redzuan Yusof says the government will provide access to financing for small to medium-sized enterprises (SMEs) by roping private investors into a co-fu...
Malaysiakini:
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The existing regulations to support entrepreneur growth is too rigid and time-consuming, causing the country to lose talent to foreign countries.
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KUALA LUMPUR (July 8): Barakah Offshore Petroleum Bhd has found a white knight, Singapore’s Lecca Group Ptd Ltd, to revive its financial health.
Malay Mail:
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KUALA LUMPUR, July 8 — SRC International Sdn Bhd stopped being run like a “normal” company after its Memorandum and Articles of Association was changed in April 2012 to make Datuk Seri Najib Raz...
Free Malaysia Today:
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PETALING JAYA: A police report has been lodged seeking an investigation into why documents bearing forged signatures had been presented as evidence at the SRC International trial at which former prime...
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PUTRAJAYA (July 5): The Ministry of Education rejected YTL Communications Sdn Bhd’s offer for free internet service to schools nationwide for an interim six month period prior to the call of an open...
The Borneo Post:
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Wong (fifth left) and the chief delegates of the 15 member associations link their hands together to show the spirit of solidarity.
theSun:
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KUALA LUMPUR: A former non-executive director of SRC International Sdn Bhd said he signed three request letters for fund transfer totalling RM50 million involving the company and two of its subsidiari...
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KUALA LUMPUR (July 1): Foreign funds acquired RM171.7 million net of local equities last week on Bursa Malaysia, up from RM28.3 million the prior week, according to MIDF Amanah Investment Bank Bhd Res...
Free Malaysia Today:
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GEORGE TOWN: A company that undertook the construction of army barracks in Bayan Lepas, Penang, has rejected claims of impropriety in the award of the contract.
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KUALA LUMPUR (June 26): Berjaya Media Bhd (BMedia) has been granted an extension of time up to Dec 20 this year to submit a plan to regularise its financial conditions.
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KUALA LUMPUR (June 21): SRC International Sdn Bhd has spent more than 90% of the two loans totalling RM4 billion granted to it by Kumpulan Wang Persaraan (Diperbadankan) (KWAP) in 2014, said former SR...
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KUALA LUMPUR: SRC International Sdn Bhd has spent more than 90% of the two loans totalling RM4 billion granted to it by Kumpulan Wang Persaraan (Diperbadankan) (KWAP) in 2014, says former SRC director...
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KUALA LUMPUR (June 18): Construction firm Kimlun Corp Bhd expects a 2% profit margin compression in anticipation of a RM90 or 45% hike in bulk cement prices.
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TOWARDS the end of April, Axiata Digital Services Sdn Bhd announced its plan to transfer five digital assets, including its entire stake in Celcom Planet Sdn Bhd — the operator of e-commerce platfor...
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KUALA LUMPUR (June 14): Sino Hua-An International Bhd is proposing to issue RM150 million worth of redeemable convertible medium-term notes in order to fund business expansion measures.
The Borneo Post:
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Shafie (right) shaking hands with Mohamad after the latter paid a courtesy call on his office yesterday KOTA KINABALU: The federal government has allocated RM40 million to upgrade the existing Kayu M...
theSun:
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KOTA KINABALU: The Federal Government has provided an allocation of about RM130 million to upgrade solid waste disposal sites in three districts in Sabah to further enhance the efficiency and manageme...
Free Malaysia Today:
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GEORGE TOWN: PKR Wanita today urged the Malaysian Anti Corruption Commission (MACC) to investigate land swap deals involving the defence ministry and private companies, especially in Penang.
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35     Azlida Mazni Arshad,46 THE vice-president of the legal and secretarial department of Kumpulan Wang Persaraan (Diperbadankan) said she agreed that KWAP’s minutes of meetings never indicated...
Malay Mail:
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KUALA LUMPUR, May 28 — Ihsan Perdana Sdn Bhd (IPSB) managing director testified today that the additional RM302 million IPSB received for corporate social responsibility (CSR) projects in 2013 merel...
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KUALA LUMPUR (May 28): Scomi Group Bhd (SGB) shares fell as much as 16% this morning after the firm said it is making a cash call to raise RM214 million, an amount that is nearly three times more than...
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KUALA LUMPUR (May 27): Scomi Group Bhd (SGB) is making a cash call to raise RM214 million, an amount that is nearly three times more than its current market capitalisation of RM72 million, to pare dow...
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KUALA LUMPUR (May 23): Industrial adhesive manufacturer Techbond Group Bhd, which raised almost RM40 million via its initial public offering last December, will be spending US$2.7 million to build a f...
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KUALA LUMPUR (May 21): KUB Malaysia Bhd aims to turn a profit for the financial year ending Dec 31, 2019 (FY19). Speaking to reporters at its annual general meeting (AGM) here today, KUB president and...
Malay Mail:
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SHAH ALAM, May 16 — SP Setia Bhd has targeted to launch projects with a gross development value (GDV) of RM6.47 billion in the second quarter (Q2) of this year onwards, said president/chief executiv...
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KUALA LUMPUR (May 16): Ihsan Perdana Sdn Bhd managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) told the court that he did not know the RM42 million cash transfers made by the company betwee...
theSun:
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KUALA LUMPUR: The High Court here was told today that the Ihsan Perdana Sdn Bhd (IPSB) account was used to deposit a certain sum of funds in transit before being transferred to another account.
theSun:
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KUALA LUMPUR: The High Court here was told today that Ihsan Perdana Sdn Bhd (IPSB) received grants totalling RM40 million a year to organise corporate social responsibility (CSR) programmes for 1Malay...
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KUALA LUMPUR (May 15): The High Court here was told today that RM143 million was deposited into an account belonging to Ihsan Perdana Sdn Bhd (IPSB) through nine transactions.
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KUALA LUMPUR (May 15): Ihsan Perdana Sdn Bhd managing director Datuk Dr Shamsul Anwar Sulaiman (pictured) told the court that he did not know the RM42 million cash transfers made by the company betwee...
Free Malaysia Today:
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KUALA LUMPUR: The High Court in the corruption and abuse of power trial of Najib Razak heard today that Ihsan Perdana Sdn Bhd’s bank account was used as a transit account for money to be kept before...
theSun:
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KUALA LUMPUR: The High Court here was told today that RM143 million was deposited into an account belonging to Ihsan Perdana Sdn Bhd (IPSB) through nine transactions.
Malay Mail:
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KUALA LUMPUR, May 15 — Ihsan Perdana Sdn Bhd was given RM40 million in annual grants from Yayasan 1MDB (Y1MDB) and Yayasan Rakyat 1Malaysia (YR1M) to conduct Corporate Social Responsibility (CSR) pr...
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KUALA LUMPUR (May 15): A former senior account executive with Ihsan Perdana Sdn Bhd (IPSB) testified in the High Court that she was asked by the company's managing director Datuk Dr Shamsul Anwar Sula...
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KUALA LUMPUR (May 15): YFG Bhd has won a RM40 million contract to undertake sewerage and related works for a housing development project in Kuantan.
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KUALA LUMPUR (May 14): YFG Bhd has won a RM40 million contract to undertake sewerage and related works for a housing development project in Kuantan.
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KUALA LUMPUR (May 13): RHB Bank Bhd has declined a request from Daya Materials Bhd's subsidiary Daya Maxflo Sdn Bhd for more time to pay an outstanding sum of RM2.09 million.
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KUALA LUMPUR (May 9): S P Setia Bhd has secured RM718 million in sales for the first quarter ended March 31, 2019 (1QFY19). Of this, local projects contributed RM678 million, which represented approxi...
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KUALA LUMPUR (May 9): S P Setia Bhd has secured RM718 million in sales for the first quarter ended March 31, 2019 (1QFY19). Of this, local projects contributed RM678 million, which represented approxi...
theSun:
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KUALA TERENGGANU: The closures of 50 government-linked companies (GLC) under the Terengganu government which are no longer active will save up to RM150 million a year.
Malay Mail:
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KUALA TERENGGANU, May 8 — The closures of 50 government-linked companies (GLC) under the Terengganu government which are no longer active will save up to RM150 million a year.
The Edge Markets:
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KUALA LUMPUR (May 8): Daya Materials Bhd has managed to avert suspension to the trading of its shares after it submitted its annual report for the financial year ended Dec 31, 2018 (FY18) to Bursa Sec...
Free Malaysia Today:
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KUALA LUMPUR: The High Court heard today that three deposits totalling RM42 million were credited into the private accounts of former prime minister Najib Razak.
Malay Mail:
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KUALA LUMPUR, May 6 — Yayasan 1Malaysia Development Berhad’s corporate social responsibility programmes provider, Ihsan Perdana Sdn Bhd, transferred RM42 million into the personal accounts of Datu...
Free Malaysia Today:
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PETALING JAYA: The Kuala Lumpur Sessions Court has sentenced to jail two former directors and an accounts manager for submitting false statements to Bursa Malaysia, the Securities Commission said toda...
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KUALA LUMPUR (May 2): The Securities Commission Malaysia (SC) said the Sessions Court has ordered two former directors of Kosmo Technology Industrial Bhd to pay a fine of RM1.45 million each and serve...
Free Malaysia Today:
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KUCHING: A political analyst has slammed Putrajaya’s approval of 49 development projects worth RM2.28 billion in Sandakan, describing it as a “bait” for the by-election on May 11.
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KUALA LUMPUR (April 30): Brahim’s Holdings Bhd announced today it has decided to abort the private placement exercise which was announced in February 2018.
Free Malaysia Today:
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KOTA KINABALU: DAP secretary-general Lim Guan Eng has struck the first blow ahead of the Sandakan by-election nomination day, accusing the opposition of hampering efforts to restore Sabah’s status a...
Malay Mail:
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KUALA LUMPUR, April 25 — Bumi Armada, which had successfully refinance its unsecured term loans of US$380 million and revolving credit facilities of US$280 million into a single facility, emerged as...
theSun:
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KUALA LUMPUR: A bank officer told the High Court here today that a total of RM50 million was transferred from an account of Gandingan Mentari Sdn Bhd to that of Ihsan Perdana Sdn Bhd in three transact...
Free Malaysia Today:
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KUALA LUMPUR: A lawyer told the High Court in Najib Razak’s SRC International trial today that his former law firm received a sum of RM2.5 million from his client, businessman Habibur Rahman Kadir S...
Free Malaysia Today:
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BUTTERWORTH: A government-linked financier today indicated its willingness to provide financial assistance to tech start-ups in Malaysia, to stem the outflow of such initiatives to other countries.
Malaysiakini:
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Two development projects in Sandakan, Sabah, that were announced by Putrajaya yesterday are the initiatives of the Barisan Nasional administration, former minister Khairy Jamaluddin said.
Free Malaysia Today:
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PETALING JAYA: Electoral watchdog Bersih 2.0 says Putrajaya’s announcement of 49 development projects worth RM2.28 billion in Sandakan, Sabah, ahead of the by-election there does not constitute an e...
Free Malaysia Today:
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PETALING JAYA: Umno’s Khairy Jamaluddin said two of the 49 development projects in Sandakan, Sabah, worth RM2.28 billion that Putrajaya said today it approved, were approved and announced by the for...
Malaysiakini:
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Finance Minister Lim Guan Eng has pointed out that the federal government allocated RM183 million to be spent on the Sandakan district this year.
Free Malaysia Today:
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PETALING JAYA: Putrajaya has approved 49 development projects worth RM2.28 billion in Sandakan.
Malaysiakini:
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The Finance Ministry today announced development projects worth RM2.28 billion in Sandakan, Sabah.
Malay Mail:
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KUALA LUMPUR, April 23 — The Finance Ministry highlighted today its approval for 49 projects in Sandakan, Sabah that are worth a combined RM2.28 billion.
theSun:
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KUALA LUMPUR: Lawyer Harvinderjit Singh, representing Datuk Seri Najib Abdul Razak, today submitted to the High Court several additional documents on banking transactions amounting to RM94.7 million i...
Malay Mail:
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KUALA LUMPUR, April 10 — Co-opbank Pertama Malaysia Bhd (CBP) is setting aside an additional fund of RM700 million for co-operative (co-op) sector financing to boost the sector’s financing percent...
Malay Mail:
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KUALA LUMPUR, April 10 — Co-opbank Pertama Malaysia Bhd (CBP) is setting aside an additional fund of RM700 million for co-operative (co-op) sector financing to boost the sector’s financing percent...
Malay Mail:
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IPOH, April 8 — For the coming Perak assembly sitting, state executive councillors replying to oral questions from assemblymen will be given eight minutes to answer.
Malay Mail:
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KUCHING, April 6 — The Sarawak Ministry of Utilities through the Rural Water Supply Department (JBALB) is in the midst of implementing three initiatives worth RM40 million to improve water supply al...