News by Emir Zainul

It pointed out that the inflation rate had slipped to 0.8% in June 2018 after the removal of the GST, from 1.8% in the preceding month.

In a filing with Bursa Malaysia, Lay Hong said it bought the 34-acre piece of vacant land in March 1990 for RM887,000.

“The state can be a progressive institution that can bring about [a] ‘helping hand’ to nurture domestic investments and foster the transfer of technologies." said Dr Edmund. 

"Land policy is under the purview of the state authorities. Conditions may be imposed by the respective state authorities handling land matters, namely State Land and Mines offices, depending on the category of land being applied for."

On June 21, Putrajaya offered to take over the four toll concessionaires owned by Gamuda and Litrak Holdings for RM4.5 billion in cash, excluding borrowings.

Yong Tai said the agreement was terminated due to non-fulfilment of the condition precedent as stated in clause 3.1(c) of the joint development agreement.

The term of the contract is for a period of 20 years, commencing July 1, and renewable for another 10 years.  

Atrium REIT announced that Pacific Trustees Bhd, the trustee of Atrium REIT, has accepted the letter of offer dated June 20 from PNB, in relation to the proposed acquisition.

"Our track record is proven as the general contractor specialising in bore piling, foundation work, bridge construction and flood mitigation works."

... while revenue declined by 32.1% to RM273.34 million from RM402.41 million.