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CapitaLand looking for more land in the key cities for property projects

CAPITALAND Commercial (M) Sdn Bhd, an indirect wholly-owned subsidiary of Singapore’s CapitaLand Ltd, is actively looking for potential land in prime locations in the Klang Valley and other key cities in Malaysia for more property developments.


MAS making miracle turnaround?

IT is a RM1.09bil issue and the question bandied around is, whether it was really necessary for Malaysia Airlines (MAS) to make such huge provisions.


MAS eyes RM6b capital expenditure

PETALING JAYA: Malaysia Airlines (MAS) is staring at a capital expenditure (capex) of RM6bil this year and RM3.5bil for 2013 because of the aircraft deliveries that have been lined up for this year and next.


Maybank’s million for the community

PETALING JAYA: Over RM1mil has been set aside this year by Maybank to fund community pro­jects under its Cahaya Kasih em­­ployee volunteerism programme.


MAS posts biggest-ever loss in its history

PETALING JAYA: National carrier Malaysia Airlines Bhd (MAS) posted a shocking RM2.52bil net loss for its financial year ended Dec 31, 2011 – the biggest-ever loss in its corporate history – led by higher expenses, despite revenue rising 2% to RM13.9bil.


Maybank mortgage segment drive to fuel competition

PETALING JAYA: Malayan Banking Bhds (Maybank) move to expand market share in the mortgage segment will undoubtedly lead to more competition among banks in the mortgage space.


Opportune time to secure financing deals

A FEW months back, Malaysian banks were already talking of the talent pool available with the pulling back of European banks in the region.


Lawyer claims trial to CBT over land deal

SHAH ALAM: A lawyer claimed trial at a Sessions Court here to a charge of criminal breach of trust of RM638,764 over a land deal.


Former officer denies 33 counts of bank fraud worth RM1mil

GEORGE TOWN: A former bank officer claimed trial in a Sessions Court here to 33 charges of making false transactions totalling RM1.01mil by forging a customer’s signature.


Incapacitated elderly villagers get their BR1M at home

TANGKAK: About 40 sick and elderly villagers in the Ledang parliamentary area, who cannot walk, received their Bantuan Rakyat 1Malaysia (BR1M) cash aid of RM500 at their homes.