Recent and archived articles by Isabelle Lai
PETALING JAYA: Drama continues to unfold at Tanjung Offshore Bhd with a group of minority shareholders, who collectively own a 6% share, filing a police report alleging irregularities in the company’s Birmingham property deal.
THE prices of goods and services should not be going up a full 6% once the Goods and Services Tax (GST) kicks in come April 1, says the Customs Department, adding that the resulting impact on household expenditure should be an increase of just 0.58% to 1%.
KUALA LUMPUR: Chemical Company of Malaysia Bhd (CCM) will take a writedown on its Medan plant assets and recognise an impairment loss of RM36.8mil, as it “couldn’t justify” having Medan on its books any longer, said group managing director Leonard Ariff Abdul Shatar.
KUALA LUMPUR: LPI Capital Bhd is aiming at organic growth for its businesses in Malaysia, Cambodia and Singapore, according to its chief executive officer Tan Kok Guan.
KUALA LUMPUR: Construction services provider Bina Puri Holdings Bhd has secured a RM128.5mil contract to construct a spa resort complex in Kuala Terengganu, called the Movenpick Spa Resort.
KUALA LUMPUR: Transparency International Malaysia (TI-M) has urged the Government to set up a special high level task force to conduct a full investigation into the numerous allegations of a “massive billion ringgit financial and commercial crime scandal” involving 1Malaysia Development Bhd (1MDB) and “a little-known oil company”.
PETALING JAYA: Pesona Metro Holdings Bhd and its joint-venture partners have secured a RM172.7mil roadworks project, stretching from Merapoh to Kampung Kubang Rusa.
KUALA LUMPUR: Pesona Metro Holdings Bhd and its joint-venture partnetrs have secured a RM172.7mil roadworks project, stretching from Merapoh to Kampung Kubang Rusa.
KUALA LUMPUR: Hose manufacturer Wellcall Holdings Bhd’s executive director Chew Chee Chek, 44, has stepped down due to personal health reasons after being appointed to the board on April 17, 2006.
PETALING JAYA: National sovereign fund Khazanah Nasional Bhd is scheduled to disburse up to RM1.6bil within the next three months to Malaysia Airlines (MAS) as part of the second phase of its conditional investment funding totalling RM6bil to completely overhaul the national carrier.