Wed, 21 Aug 2019, 4:57 AM
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Topic: RM5mil

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KUALA LUMPUR: The Hong Leong group’s property arm, Guocoland (M) Bhd posted a narrower net loss of RM11.69mil in the fourth quarter ended June 30, 2019 (4Q19) from RM35.72mil a year ago due to the gain on disposal of hotels of RM104.1mil a year ago.
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KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has stepped up the production of precast concrete products and industrialised building system (IBS) components to cope with increasing orders from several ongoing mega infrastructure projects.
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PUTRAJAYA: The Road Transport Department (JPJ) has managed to collect close to RM10mil in revenue since the launch of its e-bidding system (JPJeBid) last April.
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BALIK PULAU: The Federal Government will ensure that the last mangrove forest on Penang island remains protected.
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KUALA LUMPUR (Bernama): Aset Kayamas Sdn Bhd managing director Tan Sri Chai Kin Kong told the High Court here Wednesday (July 17) that the signature on the official receipt for the RM2mil political contribution he gave to Umno was that of Datuk Seri Tengku Adnan Tengku Mansor.
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GEORGE TOWN: PLUS Malaysia Bhd is targeting for all its rest and service areas (RSAs) in the country to go cashless by end-2020.
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KUALA LUMPUR: Tan Sri Chai Kin Kong gave RM2mil to Datuk Seri Tengku Adnan Tengku Mansor as a political donation in 2016, the High Court was told.
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GEORGE TOWN: PLUS Malaysia Bhd is targeting for all its rest and service areas (RSAs) in the country to go cashless by end-2020 .
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KUALA LUMPUR: Tan Sri Chai Kin Kong gave RM2mil to former Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor as a political donation in 2016, the High Court heard on Tuesday (July 16).
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KUALA LUMPUR (Bernama): MTD ACPI Engineering Bhd plans to expand its construction and property business by acquiring 100% equity interest in Orangebeam Construction Sdn Bhd and Orangebeam Development Sdn Bhd from the Putrajaya Perdana group.
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KUALA LUMPUR: Eligible tourism players can now tap into the newly established Malaysia Tourism Promotion Fund (Gamelan Malaysia) to help boost the industry this year.
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JOHOR BARU: Forty-five exporters have the opportunity to expand and venture into international markets this year, thanks to the Services Export Fund (SEF) scheme under the Malaysia External Trade Development Corporation (Matrade).
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JOHOR BARU: Victims of the Sungai Kim Kim toxic pollution and the Pasir Gudang Pollution Action Committee will be filing a lawsuit at the Johor Baru High Court soon.
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THE Ministry of Finance approved a three-year extension to Credit Guarantee Corporation Malaysia Bhd (CGC) to manage the revolving Tabung Projek Usahawan Bumiputera-i (TPUB-i) contract financing scheme up to June 30, 2022.
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JOHOR BARU: The Sungai Kim Kim Toxic Victims and Pasir Gudang Pollution Action Committee will be filing a lawsuit at the Johor Baru High Court here on July 17.
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KUALA LUMPUR: Just a year after Datuk Seri Najib Razak first app­eared in court over 1Malaysia Development Bhd (1MBD)-related offences, his film producer stepson Riza Shahriz Abdul Aziz answered to charges of his own over money laundering totalling US$248.173mil (RM1.02bil).
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LONDON: Ford and Multimatic revealed the Ford GT MkII - a limited-edition track-only GT that represents this supercar's next stage in development at the Goodwood Festival of Speed.
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KUALA LUMPUR: Tengku Adnan Tengku Mansor had allegedly asked for about RM5mil to RM6mil from a property tycoon for a by-election in 2016, a High Court heard.
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KUALA LUMPUR: Datin Seri Rosmah Mansor’s graft case rela­ting to a RM5mil bribe over a solar hybrid system will be heard at the High Court.
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KUALA LUMPUR (Bernama): Durian lovers should not boycott traders who sell durians by weight as the marketing system has changed and proven to be fair, says Federal Agriculture Marketing Authority (Fama) director-general Datuk Ahmad Ishak.
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KUALA LUMPUR: Datin Seri Rosmah Mansor’s graft case relating to a RM5mil bribe over a solar hybrid system will be heard by the High Court.
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KUALA LUMPUR: MMIS Bhd, which makes precision engineering parts for the semiconductor industry, seeks to raise RM5mil from its proposed listing on the LEAP Market of Bursa Malaysia Securities.
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KUALA LUMPUR: A Sessions Court here fixed July 15 to hear the decision on a representation sent in by lawyer Datuk Mohd Hafarizam Harun regarding money laundering charges against him.
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KUALA LUMPUR: The High Court has moved the trial dates for prominent lawyer Tan Sri Muhammad Shafee Abdullah's money laundering and tax evasion charges from July this year to March 2020.
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KUALA LUMPUR: Sessions Court has set 15 July to hear the representation by the defence to the Attorney General's Chamber to review the money-laundering charges against lawyer Datuk Mohd Hafarizam Harun.
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By TOH KAR INN
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KUALA LUMPUR: Datin Seri Rosmah Mansor has been ordered to attend the case management for the RM5mil bribery charge relating to a solar hybrid project.
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KUALA LUMPUR: The Sessions Court on Tuesday (June 25) rejected a request by Datin Seri Rosmah Mansor's counsel for her to be excused from attending the case management in her graft case relating to a RM5mil bribery in a solar hybrid project.
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KUALA LUMPUR (Bernama): The prosecution in former prime minister Datuk Seri Najib Razak’s trial of three money-laundering charges involving RM27MIL of SRC International Sdn Bhd funds has served 26 documents containing over 200 pages related to the trial to the defence team.
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KUALA LUMPUR: Kim Hin Joo (Malaysia) Bhd, en route to a July 8 listing on the ACE Market of Bursa Malaysia, expects to raise proceeds of RM32.68mil from the issue of 76 million new shares at an indicative issue price of 43 sen a share.
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KUALA LUMPUR: Optimistic over its prospects, HSS Engineers Bhd is expecting to roll out more infrastructure projects in the second half of 2019.
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SHAH ALAM: A goldsmith shop here lost about RM5mil during a break-in.
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SHAH ALAM (Bernama): A goldsmith's shop here lost about RM5mil when it was broken into early Friday (June 7).
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KOTA KINABALU: The appointment of a “non-Sabahan” as a nominated assemblyman is a non-issue, and critics should just move on, says Datuk Seri Mohd Shafie Apdal.
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PETALING JAYA: Malaysia needs to find effective solutions to counter threats to the environment as it moves to become a developed nation, says social activist Tan Sri Lee Lam Thye.
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PETALING JAYA: Malaysia needs to find effective solutions to counter threats to the environment as it moves to become a developed nation, says social activist Tan Sri Lee Lam Thye.
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KUALA LUMPUR: Ihsan Perdana Sdn Bhd (IPSB) managing director Datuk Dr Shamsul Anwar Sulaiman told the High Court that he would have called Datuk Seri Najib Razak if he knew that the two personal accounts where RM42mil of the company's funds were transferred into belonged to the former prime minister.
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KUALA LUMPUR (Bernama): The application of the prosecution to transfer the case of Datin Seri Rosmah Mansor on charges of receiving RM5mil in bribes over a solar system project will be heard on June 28 at the High Court.
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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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EXCLUSIVE: Stiffer penalties of up to a RM5mil fine will be imposed for environmental offences under a new Act that is currently being drafted.
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MELAKA: The number of people using the Melaka Sentral Terminal here is expected to double to 20,000 a day during the Hari Raya Aidilfitri celebration compared to 10,000 on weekdays.
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KUALA LUMPUR (Bernama): The trial of former prime minister Datuk Seri Najib Razak, who is facing seven charges involving SRC International Sdn Bhd’s funds totalling RM42mil entered its 18th day on May 15.
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KUALA LUMPUR: Some RM42mil was deposited into Datuk Seri Najib Razak’s private bank accounts in 2014 and 2015 from Ihsan Perdana Sdn Bhd but the company’s managing director was unaware about who the recipient was.
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KUALA LUMPUR: Some RM42mil from the bank account of Ihsan Perdana Sdn Bhd was transferred to two AmBank accounts belonging to Datuk Seri Najib Razak for the purpose of corporate social responsibility (CSR), the High Court heard.
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KUCHING: Sarawak Consolidated Industries Bhd (SCIB), which has increased the supply of precast concrete products to the Pan Borneo Highway project, is now eyeing for a slice of the cake in other mega infrastructure projects.
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KUALA LUMPUR: The graft charge against Datin Seri Rosmah Mansor, who is accused of receiving a RM5mil bribe over a solar hybrid system project, was amended at the Sessions Court.
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KUALA LUMPUR: The graft charge against Datin Seri Rosmah Mansor, who is accused of receiving a RM5mil bribe over a solar hybrid system project, has been amended at the Sessions Court.
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KUALA LUMPUR: Handal Resources Bhd has secured a contract to repair and maintain 19 offshore cranes from Repsol Oil and Gas Malaysia Ltd.
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KUALA LUMPUR: Three directors of investment company Monspace, including a Datuk Seri, were hauled to the Sessions Court here for allegedly conducting a direct sales business without a licence.
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KUALA LUMPUR (Bernama): The Dewan Negara Tuesday (May 7) approved the RM4.133bil Supplementary Supply (2018) 2019 Bill for additional expenditure with a majority vote after the third reading.
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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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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’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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SANDAKAN: While the other candidates in the Sandakan by-election focus on bread-and-butter issues affecting the people, independent candidate Sulaiman Abdul Samat has taken a slightly different path.
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KUALA LUMPUR: A total of RM85mil was transferred out of SRC International Sdn Bhd's bank account from July 2014 and February 2015.
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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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GEORGE TOWN: Texchem Resources Bhd will spend about RM36mil to expand its business divisions this year.
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KULAI: A new plastic processing factory storehouse in Taman Desa Idaman here was destroyed by a massive fire.
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THERE is a Chinese adage that says, “no matter how high a mountain, there is another one higher.” Sometimes we think we are smart and invincible, and that is when we are conned or enticed into p...
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KUALA LUMPUR: Engineering and project management consultant HSS Engineers Bhd is eyeing the vast potential in the Asean region, particularly Indonesia and the Philippines, in addition to India.
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KUALA LUMPUR: The High Court here was told that almost US$15mil was deposited into the SRC International Sdn Bhd account from Abu Dhabi-based Aabar Investment PJS (Ltd).
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PETALING JAYA: Crane maintenance firm Handal Resources Bhd has proposed to acquire a majority stake in an oil and gas (O&G) services company from its substantial shareholder for RM25.5mil.
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KUALA LUMPUR: Crane maintenance firm Handal Resources Bhd has proposed to acquire a majority stake in an oil and gas services company from its substantial shareholder for RM25.5mil.
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JOHOR BARU: A police officer has been charged at the Sessions Court here with money laundering involving RM17,000 two years ago.
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JOHOR BARU: A 53-year-old policeman was charged in a Sessions Court here for allegedly accepting a RM17,000 bribe two years ago.
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KUALA LUMPUR: Datin Seri Ros­m­­ah Mansor has been charged for the second time over the solar hy­b­rid project for rural schools in Sarawak.
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KUALA LUMPUR: Datin Seri Rosmah Mansor has been charged again over the solar hybrid project for rural schools in Sarawak on Wednesday (April 10).
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PUTRAJAYA: Datin Seri Rosmah Mansor will face a fresh charge today of committing bribery involving RM5mil in relation to a solar hybrid project in Sarawak.
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KUALA LUMPUR: Datuk Seri Najib Razak used half a million ringgit of the total RM42mil of laundered money he received to splurge on Chanel products at a US boutique four years ago, the High Court heard.Attorney General Tommy Thomas revealed this at the much awaited first day hearing of the former prime minister, who is on trial for laundering RM42mil linked to funds from SRC International Sdn Bhd.
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KOTA KINABALU: A total of 11 premises around the city, Inanam, Lok Kawi and Penampang were found to have been operating with stolen electricity supply, following raids on Tuesday and Wednesday (March 5 and 6).
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PUTRAJAYA: Several Malay Cham­ber of Commerce Malaysia (DPMM) top officials will be called up by Bukit Aman over alleged misappropriation of RM5mil in funds.
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PUTRAJAYA: Several Malay Chamber of Commerce Malaysia (DPMM) top officials will be called up by Bukit Aman in connection with an alleged misappropriation of RM5mil funds.
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KUALA LUMPUR: Tan Sri Musa Aman has claimed trial at a Sessions Court here to 16 new money-laundering charges, involving USD$37.8mil (RM154.124mil) and S$2.5mil (RM7.522mil), making it a total of RM161.65mil.
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Following public backlash over the poorly maintained condition of the Penang National Park, the park will undergo a major facelift, with an upgrade of its basic facilities.
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PUSING: Sunway Group founder Tan Sri Jeffrey Cheah has donated RM5mil for the development and enhancement of the 112-year-old SJK (C) Gunong Hijau in Pusing near Ipoh.