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Corporate News 14 Dec 2017 | 11:04 PM

Disney buying Fox film, TV units for US$52bil in digital push

NEW YORK: Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion (£39 billion) in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.

Property 07 Oct 2017 | 12:00 AM

Nightmare in Australian dream of home ownership

HOME ownership among young Australians has fallen to the lowest level on record, as an explosive property boom squeezes out all but the wealthiest.

Business 09 Aug 2017 | 12:00 AM

MRCB unit completes Project 1 of KL Sports City

PETALING JAYA: Malaysian Resources Corp Bhd’s (MRCB) subsidiary Rukun Juang Sdn Bhd, tasked with developing the Kuala Lumpur Sports City, has finished Project 1 – the critical first phase of the RM1.34bil privatisation project.

Corporate News 08 Aug 2017 | 1:39 PM

MRCB’s subsidiary hands over Project 1 of KL Sports City

KUALA LUMPUR: Malaysian Resources Corp Bhd’s (MRCB) subsidiary Rukun Juang Sdn Bhd, which was tasked with developing the Kuala Lumpur Sports City, has finished Project 1 - the critical first phase of the RM1.34bil privatisation project.

Corporate News 06 Jul 2017 | 4:03 AM

MRCB climbs past CIMB Research target price, KL Sports City 98% ready

KUALA LUMPUR: Shares of Malaysian Resources Corporation Bhd (MRCB) had on Thursday surged past CIMB Equities Research's target price as investors were upbeat about the prospects and that the KL Sports City (KLSC) project in Bukit Jalil was 98% completed.

Business 30 Jun 2017 | 12:00 AM

AI seen adding US$15.7 trillion as global economy game changer

DALIAN: Artificial intelligence may not be so threatening after all.

Business 27 Apr 2017 | 12:00 AM

Olympic-size ice-skating rink ready by mid-May for SEA Games

PETALING JAYA: The Mammoth Empire group is targeting to have its ice-skating rink ready by the middle of next month in preparation for the 29th SEA Games.

Corporate News 21 Apr 2017 | 3:28 PM

KL Sports City project's estimated cost trimmed by RM289mil

KUALA LUMPUR: The value of the contract given to Malaysian Resources Corp Bhd’s subsidiary Rukun Juang Sdn Bhd to undertake the Kuala Lumpur Sports City project has shrunk by RM288.6mil following a revision of the work packages.

Business 10 Apr 2017 | 12:00 AM

TNB bags two gold awards at governance and CSR event

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has grabbed two gold awards at the 9th Global Corporate Social Responsibility (CSR) Summit and Awards and the Global Good Governance Awards 2017 held in Langkawi recently.

Corporate News 27 Jan 2017 | 10:02 AM

Supplemental pact for 2nd phase of KL Sports City project delayed

KUALA LUMPUR: The signing of the supplemental agreement for the second phase of the RM1.63bil Kuala Lumpur Sports City project may be delayed for up to three months, pending the finalisation of the design for Project 2.