Sun, 18 Aug 2019, 6:56 AM
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Topic: RM50mil

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KUALA LUMPUR (Bernama): A former AmBank relationship manager told the High Court here Monday (July 29) that fugitive businessman Low Taek Jho, who is also known as Jho Low, referred to the US dollar and ringgit as "pie" and "satay" in transactions involving Datuk Seri Najib Razak's accounts.
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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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KUALA LUMPUR: Business entities intending to issue local cryptocurrencies in Malaysia may run foul of the law and face a RM50mil fine under the proposals in the Currency Bill 2019.
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PETALING JAYA: MCA president Datuk Seri Dr Wee Ka Siong has further clarified the events surrounding the RM15mil grant given to Koperasi Jayadiri Sdn Bhd (Kojadi) by Yayasan 1MDB.
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PETALING JAYA: MCA president Datuk Seri Dr Wee Ka Siong has further clarified the events surrounding the RM15mil grant given to Koperasi Jayadiri Sdn Bhd (Kojadi) by Yayasan 1MDB.
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KUALA LUMPUR: A key witness told the High Court here that he had signed two directors’ circular resolutions (DCR) to appoint Ihsan Perdana Sdn Bhd as SRC International Sdn Bhd’s corporate social responsibility (CSR) partner despite being “on the run” in Bangkok in 2015.
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KUALA LUMPUR: Datuk Suboh Md Yassin told the High Court that he had signed two directors’ resolutions to appoint Ihsan Perdana Sdn Bhd as SRC's corporate social responsibility (CSR) partner, while he was “on the run” in Bangkok.
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KUALA LUMPUR: Sunway Bhd's 60%-owned joint venture with Selangor State Development Corp (PKNS) has entered a privatisation agreement with the latter company to develop a mixed development on a 9.5-acre parcel of leasehold land in Kota Damansara.
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MALAYSIAN fans of the biggest band in the world have been scrambling to get tickets for U2’s South-East Asian debut on Nov 30 and Dec 1.
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BUKIT MINYAK: Tek Seng Holdings Bhd expects to return to the black in the 2019 financial year ending Dec 31.
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PETALING JAYA: Star Media Group Bhd has scored another victory in its legal battle against property development firm JAKS Island Circle Sdn Bhd (JIC).
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PETALING JAYA: Star Media Group Bhd has scored another win in its legal battle against property development firm JAKS Island Circle Sdn Bhd (JIC).
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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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PETALING JAYA: UK-based Senior Plc’s second aerospace facility at Malaysia International Aerospace Centre here would increase its manufacturing capacity by 140%, enabling the company to maintain its status as the leader in aerospace component manufacturer and systems provider.
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KUALA LUMPUR: Blue chips underpinned the FBM KLCI’s advance at midday on Monday while the ringgit firmed up against the US dollar.
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KUALA LUMPUR: KNM Group Bhd made a net profit of RM18.4mil in the first quarter, boosted by contributions from businesses in Europe.
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KUALA LUMPUR: KUB Malaysia Bhd is targeting to dispose some of its assets, including oil palm plantation land and a mill in Sarawak, to improve cash flow.
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KUALA LUMPUR: RHB Research is maintaining its buy call on Kelington with a higher discounted cashflow based target price of RM1.63 TP from RM1.52.
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KUALA LUMPUR: In its pursuit to elevate more Malaysian homegrown businesses into the global supply chain, Malaysia External Trade Development Corp (Matrade) expects to put 88 high-performing mid-tier companies on an accelerated export growth platform between 2019 and 2020.
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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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PETALING JAYA: The government is mulling over providing on-demand healthcare services to decongest public hospitals and clinics, says Datuk Dr Noor Hisham Abdullah.
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IT'S May 9, and we all know what that means for us as Malaysians.
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IPOH: Perak Mentri Besar Datuk Seri Ahmad Faizal Azumu says his biggest achievement is that he is still in office after helming the post almost a year ago.
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KUALA LUMPUR (Bernama): RM42mil from the account of Ihsan Perdana Sdn Bhd was transferred into two personal accounts belonging to former prime minister Datuk Seri Najib Razak.
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KUALA LUMPUR: ARB Bhd posted a record net profit of RM5.076mil in its first quarter ended March 31, contributed substantially by the stronger top line of its information technology segment.
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KUALA LUMPUR: ARB Bhd’s posted a record net profit of RM5.076mil in its first quarter ended March 31, contributed substantially by he stronger top line of its information technology segment.
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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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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: Millions were circulated among Datuk Seri Najib Razak's various AmBank accounts, with RM14.5mil transferred into one account in particular, the High Court was told.
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KUALA LUMPUR: A bank processing officer told the High Court here that a total of RM50mil was credited into the bank account of Ihsan Perdana Sdn Bhd, the corporate social responsibility (CSR) unit of SRC International Sdn Bhd.
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KUALA LUMPUR: A total of 495 registered tahfiz centres categorised as fire risks will be upgraded using the RM50mil allocation announced in the 2019 Budget, says Minister in the Prime Minister’s Department Datuk Seri Dr Mujahid Yusof.
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GEORGE TOWN: Bottled water company Spritzer Bhd will spend about RM25mil over the next two years to expand its PET (polyethylene terephthalate) plant, water-processing capacity and solar power projects to keep up with the group’s enlarged customer base and enhance its competitive edge.
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SEREMBAN: A 38-year-old despatch rider claimed trial at the Sessions Court here for allegedly accepting a RM117,450 deposit from a man to invest in gold, despite not having a valid licence.
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PETALING JAYA: UEM Edgenta Bhd says its unit has been appointed as the project management consultant for the coastal road network and secondary trunk road projects in the state by the Sarawak state government.
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KUALA LUMPUR: UEM Edgenta Bhd said a unit was appointed by the Sarawak state government as the project management consultant for the coastal road network and secondary trunk road projects in the state.
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GEORGE TOWN: Five developers are showcasing over RM5.67bil worth of properties during the four-day StarProperty.my Fair 2019 at the Queensbay Mall.
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KUALA LUMPUR: Felda is to receive slightly more than RM6bil in stages from the government as it restructures its operations and strengthens governance in order to improve the fortunes of the agency and settlers.
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KUALA LUMPUR: Felda is to receive slightly more than RM6bil in stages from the Government as it restructures its operations and strengthens its governance in order to improve the fortunes of the agency and its settlers.
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PETALING JAYA: Cypark Resources Bhd will submit its bid for the largest solar energy capacity allowed for each player under the RM2bil large-scale solar three (LSS3) scheme, a move that is expected to contribute an annual revenue of RM50mil to RM60mil if the group qualifies for the tender.
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KUALA LUMPUR (April 8): The re-negotiation of the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil-RM60mil per km, and may include a commitment by the Chinese government to...
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KUALA LUMPUR: The current re-negotiations on the East Coast Rail Link (ECRL) may see its construction price pegged at RM50mil to RM60mil per km as well as a commitment by the Chinese government to buy Malaysian palm oil and bring in projects, according to sources.