A British national invested US$ 2.04 million (RM5.02 million) in controversial firm Doxport Technologies (M) Sdn Bhd after being introduced to the company by two individuals, the Petaling Jaya Sessios Court heard today: http://www.malaysiakini.com/news/284244 Doxport, linked to former Umno treasurer …
Read More »General : RM72 Million To Develop 5,000 Bumiputera Human Capital Next Year – Najib
PUTRAJAYA, Dec 19 (Bernama) — Prime Minister Datuk Seri Najib Tun Razak on Friday announced that the Yayasan Peneraju Pendidikan Bumiputera will allocate RM72 million for the development of about 5,000 Bumiputeras next year. He said 500 of them would receive scholarships through the ‘Pen …
Read More »General : Malaysia Contributes RM3 Million To Countries Ravaged By Ebola
PUTRAJAYA, Dec 17 (Bernama) — The government has decided to continue its commitment to help countries which were adversely affected by the Ebola Virus Disease (EVD) by donating RM3 million. Health Minister Datuk Seri Dr S. Subramaniam said the donation would be channelled via the Malaysian Med …
Read More »The number of people moving to cities has slowed to 17 or 18 million annually, d…
The number of people moving to cities has slowed to 17 or 18 million annually, down from 20 million at the peak, said Tang Wang, a China economist at UBS in Hong Kong. China's rapid urbanisation ending, says Wang Jianlinwww.kinibiz.comBillionaire Wang Jianlin says China's era of rapid urba …
Read More »A planned US$790 million investment by Malaysia’s IOI Properties for a 37 percen…
A planned US$ 790 million investment by Malaysia’s IOI Properties for a 37 percent stake in the owner of the Taipei 101 skyscraper ran into trouble after the Taiwan government said yesterday it was opposed to foreign control of the landmark: http://www.malaysiakini.com/news/282931 IOI had said on Fr …
Read More »Business : Takaful Ikhlas Optimistic Gross Contributions To Hit RM800 Million
KUALA LUMPUR, Dec 3 (Bernama) — Takaful Ikhlas Bhd is confident the gross contributions for its financial year ending March 31, 2015 (FY15) will hit RM800 million, up from RM772 million in FY14, driven by its newly launched and final quarter awareness programmes. President and Chief Executive …
Read More »General : National Land Council Agrees on RM1 Million Limit For Foreign Buyers
KUALA LUMPUR, Nov 18 (Bernama) — The National Land Council (MTN) today agreed that the Guideline on Real Estate Acquisition, Economic Planning Unit, Prime Minister’s Department be enforced on March 1, 2014. The guideline enforced the increased minimum price for real estate that could be …
Read More »Action will be taken if the RM2.6 million given to eight aides of former Selango…
Action will be taken if the RM2.6 million given to eight aides of former Selangor menteri besar Abdul Khalid Ibrahim did not follow guidelines. State secretary Mohammed Khusrin Munawi said investigations have started in relation to the payouts, reports The Star today. “We are investigating and will …
Read More »The Defence Ministry paid out a sum of RM12 million in pensions – to dead army v…
The Defence Ministry paid out a sum of RM12 million in pensions – to dead army veterans over a period of three years – because there was no collaboration among all parties involved in this area. Therefore, says the Veterans Association of the Malaysian Armed Forces (PV-ATM), there should be collabor …
Read More »Under the agreement, Petronas will pay US$635 million (RM2.1 billion) in cash wi…
Under the agreement, Petronas will pay US$ 635 million (RM2.1 billion) in cash with adjustment at completion. Petronas to acquire Phillips 66 stake in MRC for RM2.1 bilwww.kinibiz.comPetroliam Nasional Bhd (Petronas) will acquire Phillips 66 Asia Ltd's 47% interest in Malaysian Refining Co Sdn …
Read More »MAHB will issue rights for 274.8 million new shares. It hopes to complete the ex…
MAHB will issue rights for 274.8 million new shares. It hopes to complete the exercise by the first quarter of next year. CIMB and Maybank Investment Bank are advisors. MAHB to launch rights issue for Turkish airport purchasewww.kinibiz.comMalaysia Airport Holdings Bhd said it will launch a rights i …
Read More »The efforts are believed to have resulted in total sales of RM103.3 million for…
The efforts are believed to have resulted in total sales of RM103.3 million for animation and VFX post production services. M'sian companies aim for Hollywood animation marketwww.kinibiz.comMatrade and MDeC organised a specialised marketing mission to promote Malaysian animation services to Hol …
Read More »The Selangor government has set up a RM20 million fund to revive abandoned housi…
The Selangor government has set up a RM20 million fund to revive abandoned housing projects in the state. According to state executive councillor in charge of housing Iskandar Ab Samad, the funds will be used to pay for the projects through a sharing scheme between the government and home buyers. Is …
Read More »Jimmy Choo IPO priced at low end of range Jimmy Choo has a value of 546 million…
Jimmy Choo IPO priced at low end of range Jimmy Choo has a value of 546 million pounds at the offer price. Jimmy Choo IPO priced at low end of range
Read More »VIDEO: KiniTV A former real estate agent has filed a million ringgit lawsuit aga…
VIDEO: KiniTV A former real estate agent has filed a million ringgit lawsuit against the Selangor Islamic Religious Department (Jais) and the police for using brutal physical force on him when he was arrested for close proximity, or khalwat, at his home in December 2006. Mangsa serbuan JAIS, polis f …
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