Mara Inc bought overvalued properties in London and Melbourne — PAC
The properties include Dudley International House, an eight-floor student dormitory at 51 Queen Street, and 333 Exhibition Street in Melbourne, purchased in 2013.
Lagenda Properties secures right to develop another Kota Tinggi plot for RM99.62 mil
Lagenda Properties Bhd (KL:LAGENDA) said on Friday that an indirectly owned subsidiary of the company has secured the right to develop a 139-acre land in Kota Tinggi, Johor, for RM99.62 million, cash. The final purchase price may still vary.
Malaysia to discuss the prospect of reviving Rantau Panjang-Sungai Golok train service with Thailand
The transport ministry will hold discussions with the State Railway of Thailand regarding the proposed revival of the service, aimed at enhancing connectivity for both cargo and passenger transport between the two countries.
Cabinet approves RM442m upgrade for Kota Kinabalu International Airport
Transport Minister Anthony Loke announced on Wednesday that the Cabinet has approved a RM442.3 million upgrade for Kota Kinabalu International Airport (KKIA).
Sabah MP alleges 'multiple levels of subcontracting' in Pan Borneo Highway project
A federal lawmaker from Sabah has alleged that one of the packages under the Pan Borneo Highway project in the state involved "multiple levels of subcontracting" and wants Putrajaya to terminate the contractor.
MOF: EPF books RM24m in provision for London’s Battersea project following IFRS 17 accounting standard treatment
The Employees Provident Fund (EPF) has set aside a provision of RM24 million following an accounting adjustment at its Battersea joint venture (JV) firm.
Amir Hamzah: Malaysia to attract family offices with assets of RM500m to RM1.2b
This move is expected to generate local investments of RM40 million to RM110 million, directed towards high-growth, high-value sectors.
Govt may hand over undeveloped Duta Enclave land to Semantan Estate, conditional upon collaboration with GLCs — PM
This follows the High Court’s October ruling that the Duta Enclave should be returned to Semantan Estate, effectively declaring the government’s 1956 acquisition of the land invalid.
Revival of five LRT3 stations now estimated to cost RM5.3b, says deputy minister
The reinstatement of five stations on the LRT3 line in Shah Alam, Selangor is expected to cost RM5.3 billion, higher than initially estimated, says Deputy Transport Minister Hasbi Habibollah.
Resintech buys industrial land for expansion
Pipes and fittings maker Resintech Bhd (KL:RESINTC) has proposed the acquisition of a 4,280-sq-metre piece of leasehold industrial land in Telok Panglima Garang, Selangor to support future expansion.
