Liz Lee

Recent and archived articles by Liz Lee

31 Jan 2019 | 5:22 PM

China offered heavy discount on ECRL, but then came the contradictory remarks by our ministers

KUALA LUMPUR (Reuters): China offered to nearly halve the cost of a US$20bil (RM81bil) rail project to save the centrepiece of its infrastructure push in South-East Asia, two sources said on Thursday (Jan 31), but contradictory remarks by Malaysian ministers leave the outcome uncertain.

30 Jan 2018 | 7:00 AM

Alibaba to take on KL traffic

KUALA LUMPUR: Alibaba Group will set up a traffic control system harnessing artificial intelligence for Kuala Lumpur, its first such service outside China, as the e-commerce giant pushes to grow its cloud computing business.

Traffic solution: Alibaba Cloud plans to make live traffic predictions and recommendations to increase traffic efficiency in Kuala Lumpur by crunching data gathered from video footage, traffic bureaus, public transportation systems and mapping apps.
9 Nov 2017 | 10:33 PM

Malaysia’s Edra Power hires banks for RM5.28bil sukuk - sources

KUALA LUMPUR: Malaysian independent power producer Edra Power Holdings has hired three domestic banks to raise RM5.28bil through a sukuk programme, two sources familiar with the deal said on Thursday.

Edra's plant in Teluk Gong, Melaka.
23 Aug 2017 | 5:58 PM

Sale of ANZ stake in AmBank scrapped as RHB deal collapses - sources

KUALA LUMPUR/SINGAPORE: Australia and New Zealand Banking Group Ltd’s (ANZ) plans to sell its stake in AMMB Holdings (AmBank) Bhd have fallen through after a proposed acquisition of the Malaysian lender by a domestic rival was scrapped, sources familiar with the matter said.

ANZ has been trying to sell its stake in AMMB Holdings since early last year.
24 Feb 2017 | 5:47 PM

VX used in airport murder of Kim Jong Nam kills in minutes

KUALA LUMPUR (Reuters) - VX, the chemical used in the airport murder of Kim Jong Nam, is one of the deadliest chemical weapons created by man. Just 10 milligrams of the nerve agent or a single drop is enough to kill in minutes, experts say.

17 Feb 2017 | 10:19 PM

Suspect in Kim Jong Nam's killing had wad of cash, moved hotels, cut her hair

KUALA LUMPUR/JAKARTA (Reuters) - The woman with the acronym 'LOL' on her shirt who was arrested this week in connection with the murder of North Korea's Kim Jong Nam stayed in cheap hotels, carried a wad of cash and cut her hair a day before the brazen attack at Kuala Lumpur airport.

22 Sep 2014 | 12:00 AM

BHS plans bonus issue, share split to loosen liquidity of stock

PETALING JAYA: Printing services company BHS Industries Bhd is planning a bonus issue and share split to loosen the liquidity of its stock, according to a source.

BHS’ core business is in commercial printing services for magazines, textbooks, directories, general publications, company annual reports, as well as brochures and pamphlets. It also prints a number of books for overseas publishers.
19 Sep 2014 | 12:00 AM

Seven highways worth RM20bil expected to start work next year

KUALA LUMPUR: Work on seven new highways will start next year, offering jobs worth RM20bil for the construction sector. This will also fill up the order books of construction companies that have been waning following the tail-end of the RM23bil Klang Valley mass rapid transit (MRT) project.

19 Sep 2014 | 7:00 AM

Building the ideal highland getaway

Fancy a luxurious getaway amid enveloping greenery on some misty slopes?

Yap with a model of the company's dâ¿TMElemen project.
16 Sep 2014 | 12:00 AM

Fitters to raise up to RM63.8mil via listing of unit in S’pore

KUALA LUMPUR: Fitters Diversified Bhd is seeking to raise between S$20mil and S$25mil (RM51mil and RM63.8mil) from the initial public offering (IPO) of its renewable energy unit, Future NRG Sdn Bhd, in Singapore.