News by M

The construction player’s shares jumped as much as 33% of the start of its maiden trading day on the ACE Market yesterday to 40 sen apiece.

According to a report by The Hollywood Reporter yesterday, Michel submitted a claim to the money to a federal court in Washington DC on Monday (Jan 7).

In a filing with Bursa Malaysia yesterday, Boustead Plantations said, CIMB Islamic Trustees Bhd, acting as the group’s trustee, had filed a claim against Setia Fontaines Sdn Bhd for alleged breach of a sales and purchase agreement.

With existing supply of 123 million sq ft, we are getting very close to Hong Kong’s 127 million sq ft. The additional 20 million sq ft due for completion by 2022 will put us in the lead, and it could happen this year. - Savills Malaysia

They made a hair-raising discovery when they opened a housemate’s room after she suddenly left their Whatsapp group chat over a common disturbing issue.

Finance Minister Lim Guan Eng said that the government will examine China-linked projects more closely for elements of corruption.

Secret discussions reportedly reveal that China was offered lucrative stakes in railway and pipeline projects for China’s One Belt, One Road program of building infrastructure abroad, in return for using their influence to halt investigation into 1MDB.

In 2016, unable to repay borrowed money of some RM53 billion in 1MDB debts, Najib was in a bind. Enter Jho Low, the alleged mastermind of the multibillion-dollar theft of 1MDB funds, who negotiated with China to resolve the crisis. 

The guarantee is in relation to an agreement between Star Media and JAKS’ unit, JAKS Island Circle Sdn Bhd, for the latter to develop a 15-storey tower in Petaling Jaya.

The jobs involve three drilling contracts and two contracts for the engineering and construction (E&C) segment, the group announced yesterday.