Syed Mokhtar gets green light to take MMC Corp private
According to MMC, 99.75% of the shareholders voted in favour of the tycoon’s privatisation plan in an EGM on the same day.
RM160m Sunway Hotel Big Box to be unveiled in Sunway City Iskandar Puteri, Johor
"Sunway Hotel Big Box is the group’s first hotel in southern [Peninsular] Malaysia and it aims to be a new haven of nature and adventure."
Iconic clothing retailer Kamdar closes smaller outlet near Jalan TAR headquarters
The 49-year-old textile brand, whose bread and butter is in the distribution, import, export, retail, and wholesale of textile and textile-based products in Malaysia, said the closure of this outlet would reduce operational expenses and let it out to an external party for better returns to the group
Melaka’s famous Capitol Satay Celup Restaurant to close permanently in November
The restaurant first started on a tricycle and grew to become one of Melaka’s staple eateries located along Lorong Bukit Cina
Domestic tourism count halved in 2020, Selangor, KL had highest receipts — DOSM
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin attributed the visitor contraction across all states in terms of volume and value to the implementation of Covid-19 lockdowns.
Shukry Salleh: I was ordered by Najib to inform audit department to drop sensitive information from 1MDB audit report
“He instructed me more or less like this: 'Shukry, you tell the audit [department] that sensitive issues and those that aren’t relevant including Jho Low (involvement) in 1MDB to not be added in the final report. If the opposition finds out about this it will be an issue'.”
Malaysia logs 208 Covid-19 fatalities on Sept 29, raising death tally to 26,143
Of the latest reported deaths, 64 were brought-in-dead (BID) cases, meaning Covid-19 patients who passed away before receiving medical treatment. To date, total BID cases in the nation stood at 5,232.
Pressure on office and retail rents to remain as vacancy rates rise — BNM
In its Financial Stability Review report for 1H21 released on Wednesday, BNM said average rental rates of office and retail space in the Klang Valley had now declined for four consecutive quarters since the third quarter of 2020
Berjaya Corp's 4Q loss narrows on-year as revenue more than doubles, bolstered by gaming, F&B ops
The group also recorded higher revenue from its consumer marketing, F&B, property investment and development, and hotels and resorts business segments in 4QFY21.
Klang Valley and Melaka to move to Phase 3 of NRP from Oct 1
Prime Minister Datuk Seri Ismail Sabri Yaakob: This means that no state or federal territory would still remain in Phase 1 of the NRP
