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Kelana Jaya line LRT to get 27 new train sets

PUTRAJAYA: Prasarana Malaysia Bhd will receive 27 new train sets for the Kelana Jaya (KLAV-27) line of the Light Rail Transit system over five years from Bombardier Hartasuma Consortium (BHC), says Finance Minister Lim Guan Eng.

Nestle records higher Q1FY19 net profit of RM235.2m

KUALA LUMPUR: Nestle (Malaysia) Bhd recorded a set of firmer earnings in the first quarter ended March 31, 2019 with net profit of RM235.21mil and remained confident in its ability to deliver another solid year of results for FY19.

Nestle (Malaysia) Bhd sees strong demand for its brands in Malaysia and it has strong plans in place to continue generating sustainable and profitable growth.

Short selling of Ekovest, IWCity suspended

KUALA LUMPUR: The short selling activities for the shares of Ekovest and Iskandar Waterfront City (IWC) were suspended at midday on Tuesday after falling more than 15 sen or 15%.

Tan Sri Lim Kang Hoo controls Ekovest and Iskandar Waterfront City.