News by M

Unlicensed developers (as at Oct 12, 2018)

The list of blacklisted developers which failed to pay compound (as at September 14, 2018)

Blacklisted developers involved in abandoned projects

Zahid as home minister has allegedly received a RM5 million cheque from a Data Sonic Group Bhd director for the company to supply 12.5 million chips for Malaysian passports.

Maybank IB Research: Our FY18 to FY20 earnings estimates are unchanged as previously we have not imputed any earnings impact from the aforementioned court case pending its final outcome.

MIDF Research: All things considered, we opine the continuation of LRT3 emits positive tone on the prospects of the Malaysian Resources Corp Bhd (MRCB) and George Kent (Malaysia) Bhd joint-venture (JV) company. While the project’s costs have been significantly reduced, we are comforted that the cost-savings approach prioritised by the new government did not result in the loss of earnings opportunity for the JV company.

“Another thing that is interesting in the review is the guarantee of fair and reasonable development to states in the East Coast and Sabah and Sarawak."

The plan is now more pragmatic and realistic — economists. Some point out that the government’s intention to strengthen the procurement framework by encouraging competition to avoid contract monopolies and direct negotiations could also help in lowering expenses.

“In ensuring better participation especially among youth, efforts will be undertaken to lower the minimum voting age to 18 years,” the report said.

"However, if growth conditions improve significantly due to a more benign external economic environment, dynamic domestic growth and a stronger ringgit, the target of achieving a high-income status may be realised earlier."